NetSuite and Microsoft Dynamics GP Go Head-to-Head
Are you currently in the process of budgeting for an upgrade or replacement to your current enterprise resource planning (ERP) system? Or perhaps you’re just looking for the right tools to help you take control of your company finances and generate the best business results.
Whatever your situation may be, it’s a simple fact that selecting the right accounting software is a crucial business decision. In today’s business environment, technology is the engine that drives corporate productivity. However, there isn’t a one-size-fits-all approach to ERP/accounting software selection and it can surely be daunting to weigh the pros and cons of all the solutions currently available.
As a NetSuite consultant and Microsoft Gold ERP Partner, BCG Systems sought out to help organizations just like yours who are beginning to explore their options when it comes to ERP systems. During our recent webinar, ERP Shootout: A Closer Look at NetSuite & Microsoft Dynamics GP, we showcased two of the leading ERP software applications on the market today – cloud-based NetSuite ERP and on-premise Microsoft Dynamics GP.
From the Perspective of a Microsoft Partner: Key Differentiators of Microsoft Dynamics GP
To recap some of the key points from the webinar, Dynamics GP is an on-premise enterprise resource planning system that has been owned by Microsoft since 2000 when Microsoft acquired the company Great Plains. There are currently over 40,000 Dynamics GP customers and a software-as-a-service (SaaS) model of Dynamics GP is available through third-party providers.
The key differentiators of Microsoft Dynamics GP include:
- Strong financials and distribution capabilities.
- The system’s ability to integrate with Microsoft Office products.
- Robust reporting functionality.
- Ease of use.
- Simplified business intelligence – KPI visibility, analysis cubes.
A NetSuite Consultant Highlights Key Differentiators of NetSuite ERP
And while on-premise solutions are tried and true, the cloud has inspired a new way of thinking about ERP software deployments. Organizations now have the option to purchase a SaaS solution. When you purchase a SaaS solution (sometimes called an on-demand solution), you rent a complete turnkey package that includes software and the entire delivery mechanism.
SaaS solutions (often referred to as cloud-based ERP systems) like NetSuite give you greater reliability and eliminate the costs associated with software upgrades and hardware maintenance. NetSuite is currently deployed at over 12,000 businesses, and is run by the company itself!
The key differentiators of NetSuite include:
- Detailed, roles-based dashboarding – robust data mining and presentation.
- Simplified reporting and business intelligence.
- Integrated CRM, e-Commerce, shipping and credit card processing.
- Multilingual – global presence supported with localized versions.
- Revenue recognition.
- NetSuite OneWorld supports multiple companies with one database.
- Ease of customization.
Access the recording now to obtain a clear understanding of which solution best fits the needs and unique DNA of your organization. Want a more detailed view of one of the showcased solutions? Reach out to our team of expert consultants who have the insights to help you plan for business growth and long-term success. Do you see other differentiators of Dynamics GP or NetSuite? Leave a comment and let us know what you think.