“There’s no such thing as an overnight success” Although the general concept of this widely used quote is generally true, it doesn’t take 20 years to build a billion-dollar company anymore in the twenty first century. In today’s rapidly evolving business environment, different factors have allowed companies with clear cut visions and the correct resources at their disposal to grow at a rapid rate. Companies like Slack, Instacart, Pinterest, and Twitter all took around only 2 years to hit that $1 billion “Unicorn” valuation. The good news is that your company can also leverage new developments in technology like machine learning, big data analytics, and cloud computing in order to accelerate the growth of your own company. In addition to these, leveraging applications like ERPs and CRMs – helps you make more informed decisions
based on data about your customers, industry, and your own company – these are important in order to keep up with your competition. The organizations that particularly, invest in their infrastructure and make use of all the resources at their disposal can sustain a rapid growth rate to take their company to the next level.
In order to take your company to the next level, you must first choose an ERP which is the best fit for you. Choosing the wrong ERP or wrong CRM can have disastrous effects, though there are ways to avoid ERP failure. In order to help choose the best ERP for you, we have compiled some differentiators between the two flagship ERP offerings of Microsoft – Dynamics 365 Finance and Operations and Business Central.
Key differentiators between Microsoft Dynamics 365 Finance and Operations and Business Central
Microsoft offers a choice between two ERP systems, Microsoft Dynamics 365 (formerly Dynamics AX) and Microsoft Dynamics 365 Business Central (formerly Dynamics NAV). The systems are part of the suite of Microsoft Dynamics 365 products. Sometimes, it is difficult to determine the best fit for your business, even though they both have distinct offerings. Here are some key factors to consider:-
To choose between Dynamics 365 and Business Central, your need to consider your business needs, goals, requirements and future vision. The essential difference is that Dynamics 365 has a lot more built-in ‘enterprise functionality’ compared with Business Central. This will be a key driver in considering Dynamics 365 for companies that need a deep and comprehensive ERP solution. However, Business Central has an advantage for speed on implementation and cost of Total ownership.
Now that you have previewed the features of both offerings you should now have a better idea of which ERP can help you reach the next level. If you need any further help in deciding or want to request a complimentary technology assessment, we here at Korcomptenz are ready to provide you with all the support you need.
KORCOMPTENZ is a Microsoft Gold-Certified Partner headquartered in New Jersey with extensive experience improving business outcomes for our customers. We leverage end-to-end solutions involving the ongoing convergence of ERP, Azure Cloud, Analytics, Artificial Intelligence, and IoT. We specialize in the Microsoft Dynamics 365 range of products such as Dynamics 365 Business Central, Dynamics 365 Finance and Operations, and Dynamics 365 CRM. Request a consultation today!