Microsoft Dynamics VS NetSuite
With Microsoft announcing the end-of-life for Microsoft Dynamics GP, many GP customers are considering moving to the cloud. As the #1 Cloud ERP system, NetSuite is a great scalable replacement for organizations with aggressive growth plans.
Ultimately, the decision to switch from Dynamics GP to NetSuite (or any other ERP solution) should be based on a careful evaluation of your business needs and a thorough comparison of the features and functionalities of each solution. It may also be helpful to work with an experienced ERP provider like GSI who can guide you through the decision-making process and help you implement the new solution.
Should I Switch to NetSuite or Microsoft Dynamics 365?
Here are some factors to consider when evaluating whether to use Microsoft Dynamics 365 or NetSuite:
Microsoft Dynamics 365 Business Central was launched in April 2018 and is a relatively young product. Unlike NetSuite, this solution was not built in the cloud and instead was rearchitected from NAV, an on-premise solution. Microsoft Dynamics 365 Business Central is hosted by Mirocosoft on Azure. NetSuite is the most mature cloud solution on the market, and was born in the cloud and built for it.
Microsoft Dynamics 365 Business Central has weak reporting capabilities including limited filter options in pre-built reports, narrow slice and dice capabilities and lack of ability to drill down to the level of specific transactions. NetSuite is known for it's robust reporting capabilities that allows users to generate a wide range of reports to support swift decision-making and business analysis. NetSuite's reporting functionality is highly customizable, allowing users to create reports tailored to their specific needs.
Microsoft Dynamics 365 Business Central is not designed to be a multi-country solution, so it lacks a native financial consolidation capability. A separate database is needed for each country a company has a subsidiary in (3rd party apps are usually used to fill this gap). One of the key features of NetSuite is its ability to manage multiple subsidiaries, allowing businesses to manage their operations across different locations, business units, and legal entities within a single unified system.
How Long Does It Take to Implement NetSuite?
The time it takes to implement NetSuite can vary depending on a number of factors, such as the size and complexity of the organization, the level of customization required, and the availability of resources for the implementation.
NetSuite is a robust and flexible platform that can be customized to meet the specific needs of an organization. However, this can also make the implementation process more complex and time-consuming.
Here are some general steps that are typically involved in a NetSuite implementation:
Discovery and Analysis: This involves working with the implementation partner to understand the organization's business processes and requirements.
Configuration and Customization: This involves setting up NetSuite to meet the specific needs of the organization, which may include configuring account structures, creating custom fields, and setting up workflows.
Data Migration: This involves extracting data from the organization's existing systems and converting it into a format that is compatible with NetSuite.
Testing: This involves testing the system to ensure that it is functioning as expected and identifying and resolving any issues.
Training: This involves training users on how to use the new system.
The duration of the implementation will depend on the complexity of these steps and the resources available. A basic implementation can take as little as a few weeks, while more complex implementations can take several months or longer. It is important to work with experienced NetSuite implementation partner like GSI to ensure a successful implementation and a smooth transition to the new system.
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Challenges Facing Microsoft Dynamics GP Clients and How GSI Can Help
One central system, making scaling up and gaining full visibility across your organization a reality
Wasting time and money on manual processes
Powerful automation capabilities that can streamline and automate manual processes such as order management, accounting and financials, inventory management, procurement, e-commerce, project management, reporting, and more
A single, cloud-based platform, that can be accessed anywhere with an internet connection
Limited or no eCommerce options
Unifies front and back-end systems, removes manual processes, and creates a unique and engaging experience that's optimized for mobile
Insufficient customer engagement
Drives positive customer interactions, creates a competitive advantage and builds loyalty over time
Working with GSI NetSuite Experts
The GSI NetSuite team consists of former CFOs, CEOs, supply chain experts, accountants -- people with real business experience.
Most of our consultants are also accountants. We take an accounting-first approach to every implementation, where we see many other firms starting with customizations or "changing" NetSuite.
We challenge our clients with a real-world understanding of how business process changes within the software will affect the overall business.
We have a senior-level, 100% US based implementation team. Our consultants average 10+ years of experience in the NetSuite ecosystem.
In addition to new implementations, we offer other services, including:
NetSuite License Resale to get you the best deal on your NetSuite licenses and renewals. Click here to get a free NetSuite price quote!
NetSuite SuiteCare Support - our #1 rated NetSuite support offering staffed with dedicated resources that perform a business-first discovery of your organization in efforts to become familiar with your account and make better informed consulting recommendations.
NetSuite SuiteAlign Project Rescue - for NetSuite implementations gone wrong that need to get back on track ASAP.
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