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Microsoft Dynamics 365
Netsuite
Vendor
Microsoft Oracle Pricing
Number of Customers
43,000+ 15,000+ Founded
2016 1998 Cloud or On-Premise
Cloud Cloud Pros
- Dynamics 365 has a global network of partners who can support your business and your implementation, wherever you are in the world.
- The wider Microsoft product suite has strong integrations with Dynamics 365 which allows you to add extra capabilities, relatively easily.
- Netsuite is one of the most widely used Cloud ERP systems in the world, meaning that research and development is continuous.
- There are hundreds of Netsuite partners around the world to support you, many of which provide unique industry capabilities and templates for specific business models.
Cons
- Many customers and critics of Dynamics complain about a lack of prebuilt processes and functionality.
- Configuration and customization can be very complex.
- Netsuite is made up of several solutions which were acquired over the years and some users suggest that this leads to issues.
- Many Netsuite users complain of price hikes after the initial contract period.
Modules & Functionality
- Financial Management & Accounting
- Project Management
- Supply Chain Management
- Service
- Human Resources
- Operations
- Financial Management & Accounting
- Sales & Distribution
- Inventory Management
- Production & Manufacturing
- Supply Chain Management
- MRP
- Billing & Revenue Recognition
Target Industries
- Professional Services
- Retail
- Construction
- Distribution
- Manufacturing
- Professional Services
- Software
- High Tech
- Non-Profit Organizations
- Ecommerce
- Financial Services
- Manufacturing
Target Company Size
250 - 10,000+ Employees 50 - 5,000 Employees History
Microsoft Dynamics 365 was originally called Microsoft Dynamics NAV, released on November 1, 2001. Since 2008, it has been increasingly part of the Microsoft Dynamics family of products, which also include Microsoft Dynamics AX, Dynamics CRM, and Microsoft Dynamics GP.
In 2012, Microsoft announced a major overhaul of the product, rebranding it as Microsoft Dynamics 365.
Dynamics 365 is a modular software suite. It includes business management software for finance, operations, and field service, as well as customer relationship management (CRM) software.
Dynamics CRM is the business's primary sales tool. Microsoft Dynamics 365 also includes the business intelligence and reporting software Power BI, Yammer, the Office 365 productivity suite, Microsoft Office, and Microsoft Dynamics 365 Field Service.
The Dynamics 365 system is marketed to small and medium-sized businesses (SMBs), as well as divisions of large companies.
On November 1, 2016 Microsoft released Microsoft Dynamics 365 Business Central, a business management solution for mid-sized companies.Oracle NetSuite was first created in 1998 under the name 'Netledger' by entrepreneur Evan Goldberg, providing web accessible financial and accounting software. From the very beginning, Oracle NetSuite had huge involvement from Oracle and the money to start the company was provided by then CEO of Oracle and Founder, Larry Ellison to the tune of $125 million. Many of the early employees at NetSuite came from Oracle, including the CTO.
Very quickly, Oracle NetSuite made several acquisitions to complement it's core accounting functionality, including Bronto, Venda, OpenAir, QuickArrow, Monexa, Retail Anywhere, OrderMotion, iQuity Solutions, TribeHR & Element Fusion. With these acquisitions under it's belt, Oracle NetSuite now offers rich capabilities for marketing automation & CRM, ecommerce, human resources solutions, professional services automation and more.
In December 2007, NetSuite IPO'd and floated on the New York Stock Exchange.
Estimates suggest that as of 2021, Oracle NetSuite has over 24,000 customers around the world running their ERP software.
Full Guide
- Dynamics 365 has a global network of partners who can support your business and your implementation, wherever you are in the world.
