“Overnight success.” Wouldn’t it be nice? Unfortunately, that usually happens in the movies. In business, it’s much rarer. Still, we do find examples of companies that, with a clear vision and the right technology, have been able to take advantage of circumstances and rise to the top quickly. Think of Twitter, Instacart, Pinterest, which all experienced phenomenal growth and hit the $1 billion mark in only two years.
Today, your organization can also take advantage of advanced technology with features such as machine learning, big data analytics, and cloud computing to spur your growth and profitability.
Microsoft Dynamics ERP/CRM solutions can also help you make better-informed decisions about your customers, business, and industry. Strategic decision making can make all the difference in a competitive marketplace.
As a company’s needs expand, its systems need to keep up. An
Organizations that invest in their technology and make the best use of their resources can take advantage of changing circumstances and sustain growth, moving their business to the next level.
Move your business ahead by choosing the ERP solution that works best for your organization. Microsoft Dynamics boasts two excellent ERP/CRM choices:
Compare features in Microsoft Dynamics 365 F&O and Microsoft Dynamics 365 BC
Microsoft Dynamics 365 Finance and Operations (F&O) and Microsoft Dynamics 365 Business Central (BC) are part of the suite of Microsoft Dynamics 365 products designed to help you capture new opportunities and accelerate business growth. To determine the best fit for your business, consider the following features:
|Dynamics 365 Finance and Operation
|Integrated enterprise-class business platform for mature, growing, ERP-educated companies
|The next level for organizations that have outgrown their entry-level accounting software
|Type of companies
|Multinational medium to large organizations and groups of enterprises; tailored for international development
|Small to mid-size enterprises
|Distribution, Manufacturing, Retail, Professional Services, Public Sector
|Distribution, Manufacturing, Professional Services
|Depth of Manufacturing functionality
|Supports 95% of manufacturing functions; an excellent option for discrete, lean, and process manufacturing; includes other core functions, such as ATP, advanced warehousing with mobile solutions, etc.
|Premium package includes additional capability in service management and manufacturing.
|Capabilities and integration with other Dynamics 365 components
|Designed to work with other Dynamics 365 components; deep integrations with CRM, HR, Talent, Customer Service, Marketing, etc.; fully covers traditional back-office processes.
|Core capabilities: connects financials, sales, purchase, inventory, projects, service, and operations
|Minimum number of users
|$115 - $210 per user / month
|$70 - $100 per user / month
|Multiple country localizations inside of a single instance; includes out-of-the-box localizations (legal & fiscal) for 37 countries
|Combined localization strategy of Microsoft-led and partner-led models; local functionality is partly available for 19 countries; 3rd party Partners deliver additional features via Microsoft AppSource
|BI tools include reporting, dashboards, and ad-hoc analysis
|Cloud, On-premise, or Hybrid
|Cloud or On-premise
|Nucleus research found that for each dollar invested in Microsoft Dynamics 365 solutions, organizations realized an average ROI of $16.97.
Consider your organization’s requirements and goals, and choose the Microsoft Dynamics 365 solution that best suits your business. Microsoft Dynamics 365 F&O has much more built-in enterprise functionality than does Microsoft Dynamics 365 BC, which is designed for smaller businesses with less complicated needs. You’ll want to consider your long-range plans and how your company is likely to grow. On the other hand, Business Central has an advantage for speed of implementation and lower cost of ownership.
Now that you know a little bit more about the features of both solutions, you’ll be better able to determine which Dynamics ERP solution will help you reach your next level. Our Microsoft Dynamics experts at KORCOMPTENZ are here to assist you. Please contact us for a