Options for Microsoft Dynamics NAV Users Upgrading to Dynamics 365BC
If you have been happy using Microsoft Dynamics NAV as your ERP (Enterprise Resource Planning) solution, you’ll be glad to know that Dynamics NAV’s...
4 min read
Nancy Phillippi Dec 13, 2022 1:24:44 PM
Our Microsoft Dynamics 365 consultants frequently get the question: How do I know what version of Dynamics 365 is right for my business? Since we support both options, this blog helps you compare Dynamics 365 Business Central and Dynamics 365 Finance and Supply Chain Management to help. Whenever you are selecting an enterprise resource planning (ERP) solution, it takes careful planning and analysis to avoid costly and debilitating mistakes. It's essential to include key people in all departments in the selection process. We also suggest you work with a trusted ERP software advisor like you your certified Microsoft Dynamics consultant to help make the right selection. If you already own a Microsoft Dynamics solution, it makes sense to consider an upgrade to either Dynamics 365 Business Central or Dynamics 365 Finance and Supply Chain Management. Here are a few tips to help you get started.
Both Dynamics 365 solutions have great features including integrations to Microsoft 365 and API web services to ease further integration work, and are built to improve productivity and provide the reporting that decision-makers need. There are some major differences that will help you decide which is the best choice for your current and future needs. First, here's a little background to help you compare Dynamics 365 versions.
Microsoft Dynamics 365 Business Central (D365 BC) evolved from Dynamics NAV (FKA Navision ERP) and is the modern cloud upgrade option. It has a huge end-user customer base numbering over 160,000 companies which is more than most other ERP solutions with a solid track record of managing businesses worldwide.
Microsoft Dynamics 365 Finance and Supply Chain Management (Dynamics 365 F&O) evolved from Dynamics AX (FKA Axapta). This is the most powerful Microsoft Dynamics solution and is often called Dynamics 365 Finance and Operations, For this article, we will call it D365 F&O.
Not all companies have multiple entities, global locations, and/or multiple lines of business. If these needs are on your list, Dynamics 365 F&O is ideal. It has onboard globalization services to simplify tax determination and calculation, electronic invoicing, regulatory reporting, business documents, and global payments with little or no code required.
Microsoft Dynamics 365 F&O can help your business accelerate global expansion and ensure compliance as you grow. Dynamics 365 F&O includes localizations for 44 countries/regions and 52 languages right out of the box. The flexible, no-code tax-determination matrix and configurable tax-calculation formula designer make it easier to comply with local tax regulations and support complex tax scenarios including IFRS 16.
It’s not unusual for ERP software vendors like Microsoft to build solutions for companies of a certain size. The two options you will frequently see are solutions for small to mid-sized businesses or solutions for enterprise or large companies. As you can imagine, the software for a large company with thousands of employees, perhaps all over the globe, must be far more complex than a single-entity business with less than 50 employees.
Microsoft Dynamics 365 Business Central is designed specifically for the needs of growing small and mid-sized businesses. It’s designed to enable your organization to optimize operations, enhance customer interactions, and make smarter decisions faster. Real-time data and visual dashboards expose the drivers of business growth or lag so you know exactly where to take action. You can have from one to 250 users which makes Dynamics 365 BC a great solution for growing companies.
Microsoft Dynamics 365 Finance and Supply Chain Management is designed to serve the needs of growing mid-sized and larger companies that have multiple entities, multiple currencies, perhaps multiple lines of business, and/or global operations. Basically, it is an enterprise solution for companies that have over 50 end-users to 1,000s, depending on the industry. The minimum subscription is 20 licenses, but you can also purchase the software and deploy it on your own servers. Built on Azure, you can easily connect data across your organization, extend your solution to meet your specific industry requirements, and transform your business with predictive insights. Dynamics 365 F&O is specifically suited to help you easily meet and adjust to local and global business requirements.
Microsoft built both Dynamics 365 Business Central and Dynamics 365 Finance and Supply Chain Management to scale and perform as you grow using modern technologies built on the Microsoft cloud, such as machine learning, IoT, and mixed reality, to help you adapt to market dynamics. For example, both solutions offer supply chain management and warehouse management features that extend as you grow.
The main difference between the two is Dynamics 365 F&O was built to automate additional complexity including multiple lines of business. Dynamics 365 BC will automate many processes for your small-to-midsize business, but Dynamics 365 F&O was designed to offload much of the heavy lifting that’s left to do manually today. Dynamics 365 F&O will automatically prioritize the replenishment of high-demand stock in near-real time based on existing orders, current stock levels, and projected inventory. If you use additional external systems such as PLMs, you can integrate with Dynamics 365 F&O to eliminate troublesome data silos, improve quality, and optimize production processes.
If you seek more information on Dynamics 365 Business Central or Microsoft Dynamics 365 Finance and Supply Chain Management Support please contact us now. For us, our clients’ ongoing value and ability to grow is right in our name: Clients First. That’s why we strive to create ongoing value for your teams beyond the end of implementation. We stay up to date on the latest technologies and trends and keep you informed on concerns that may impact your business. We’re also reviewing and using new software and technology that we can recommend to keep you competitive and efficient over time. You get tailored, efficient support from the team that knows your system inside and out already, saving you time when you need help the most.
Clients First consultants have direct experience in the industries we support. The Clients First Texas office is known for its vertical expertise in manufacturing, job shops, maintenance, repair, and overhaul (MRO) for aviation or heavy equipment organizations. We have completed the upgrade to D365 F&O for our ProMRO solution and are currently rolling out a global implementation with one of our customers. We have customers in other industries, too, including make-to-order/engineering job shops, project manufacturing, field services, and wholesale distribution.
Nothing replaces a live presentation so please contact us to schedule a demonstration for your business.
Email our office in Dallas/Fort Worth, Texas, or call 800.331.8382. We're located in Dallas, Texas and service companies locally, around the country and worldwide.
We’re a Microsoft Gold ERP Partner, a Certified Cloud Service Provider (CSP), and an Acumatica Gold Partner.
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Compare Dynamics AX to Dynamics 365 Finance and Operations
Resources & Reasons: Migration From AX to Dynamics 365
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