The first thing most companies look at when they’re considering a new ERP platform is how much it will cost. Ideally, businesses would put the quality of the product and how well it conforms to their business environment at the top of the list. However, many organizations must consider the bottom line when it comes to any software purchase.
For small and mid-sized (SMB) companies looking for a complete ERP solution, the Dynamics 365 Business Central implementation cost compares favorably to similar solutions on the market. Microsoft provides transparency around how much they charge, so organizations can understand how to work the price into the budget. Let’s look at everything companies should consider when it comes to a Microsoft Dynamics Business Central implementation.
Dynamics 365 Business Central Pricing Options
One of the nice things about the pricing model for Dynamics 365 Business Central is that it’s pretty simple to understand. There are several levels of pricing for the platform. Essentials provides access to the core capabilities of Business Central. Companies can easily manage functions tied to:
- Financial Management
- Customer Relationship Management
- Project Management
- Warehouse Management
- Supply Chain Management
The current price for Essentials is $70 per month per user. Organizations can add an unlimited number of users along with the ability to provide oversight to multiple companies. Businesses can customize and extend the functionality of Dynamics 365 Business Central to fit their company environment. It’s possible to oversee everything from sales and marketing to purchasing and payables.
Companies requiring service management and manufacturing capabilities need to subscribe to the Premium version of Dynamics 365 Business Central, which costs $100 per month per user. There’s also a Team license available at $8 per month per user. This meant for casual users who don’t need access to the full capabilities of Business Central. Individuals with a Team license primarily have read and limited write access to the platform.
Dynamics 365 Business Central Cost Considerations
How much a company pays for Business Central depends on how many users will require access to the platform and the roles they must fill. Organizations should think about who will need access to functions in Business Central related to sales, operations, customer service, and project automation. You don’t want to miscalculate the cost to your organization and end up with bigger expenses each month than anticipated.
Keep in mind that Business Central is more suited to SMBs as opposed to big corporations. Enterprises and global companies might want to consider obtaining a license for Dynamics 365 Finance. However, larger businesses might be capable of scaling an Essentials business license depending on the number of business roles they need to control within Business Central.
Additional Microsoft Dynamics Business Central Implementation Considerations
Once you understand how much your organization would owe each month in licensing fees, you should start thinking about the price of customizing the tool. While Dynamics 365 Business Central comes with a lot of excellent features, many organizations like to customize business tools to their unique specifications.
Microsoft partners authorized to provide access to Business Central licenses charge companies varying amounts based on their location and the level of service offered. Your provider may charge you a fee that includes educating employees on using Dynamics 365 Business Central, migrating legacy data, and setting up and configuring your systems.
Your provider may need to help you set up accounting features like your general ledger and accounts payable. Think about the need to configure other capabilities like supporting sales, purchasing, and inventory management. Those costs should be rolled into the price of your Dynamics 365 Business Central subscription, so you have a complete understanding of what you’ll be paying for each month.
Other Microsoft Solutions to Consider
While Dynamics 365 Business Central is a dynamic ERP solution, some functions are better suited to other Microsoft products. If you need a hardcore sales automation solution, you might want to consider purchasing a Dynamics 365 Sales Professional license at $65 per month.
You can improve sales productivity by streamlining your sales workflows to work with tools like LinkedIn and Office 365. Sales Professional lets you collaborate with other sales team members by sharing files and customer information through Microsoft Teams. That seamless integration helps your salespeople close deals faster thanks to real-time coordination with customers and each other.
Expand your data analysis and insights using the Power BI platform. At $9.99 per month per user, companies can provide workers with the ability to connect to disparate data sources throughout the organization. They can use the information to model the data and create visualizations, including customized reports, that let stakeholders see and understand the current performance of different areas of the company. Information from Power BI can help your organization make better decisions about the future direction of the company.
Schedule Your Dynamic 365 Business Central Implementation
Internet eBusiness Solutions can help you turn your organization’s new Dynamics 365 Business Central software into an intelligence hub that shows everything happening within the company. We can make the transition to the platform a seamless process for employees. Set up a consultation with an Internet eBusiness Solutions Microsoft Gold Partners today.
