Oracle prides itself on being one of the first companies to realize the potential of delivering software over the internet. NetSuite is a cloud ERP made up of applications capable of helping businesses grow while enabling operational efficiency. Many industries use the application to support operations tied to the supply chain, finance, customer relationship, and human resource processes.
This ERP covers all core business functions, including accounting, inventory, and procurement. Customers can add components needed to fit their business needs. All modules within NetSuite use a single database, making it possible for authorized users within an organization to access real-time information related to various business functions.
Company leaders gain a complete view of everything happening within different areas of the business. They get the chance to see what’s working well or where there may be areas for improvement.
NetSuite provides a unified view of business operations through a centralized platform. Companies can bring together information from departments that handle operations like finance, manufacturing, and supply chain. There’s no need to pay for additional software to handle those functions. Users sign in through a single portal and receive role-based access as determined by system administrators.
The software-as-a-service (SaaS) platform provides native integration models that eliminate the need for other third-party integrations. That makes the software more secure and reduces the time it takes to train new users on using the platform. Because NetSuite is based entirely in the cloud, it’s faster than other solutions that get slowed down by problems that emerge from tying back to legacy on-premises systems.
Microsoft Great Plains (GP)’s financial accounting system targets small and medium-sized businesses (SMBs). It’s relied upon by companies operating in fields like education, healthcare, eCommerce, wholesale, construction, and manufacturing. It integrates with other software in the Microsoft family, like Office 365, SharePoint, and Power BI.
Below is an overview of the top features that come with Dynamics GP.
Dynamics GP helps transform how companies do business. It works for businesses of all sizes and provides them with everything needed to remain competitive. The software offers end-to-end security to protect data from outside threats. Dynamics GP lets companies manage all financial processes in one location and use artificial intelligence (AI) and automation to streamline workflows. The cost of Dynamics GP depends on the number of users and the licenses purchased.
Oracle’s Sage Intacct cloud suite provides accounting software to help companies manage their business operations. It can integrate with other CRM and ERP systems to expand its capabilities and cover other business areas like payroll. Oracle provides quarterly updates to ensure customers always have the most up-to-date software.
The platform consists of seven core modules designed to streamline how businesses handle financial processes:
If needed, organizations can sign up for other modules to expand the capabilities of the software, including:
There’s a lot to consider when deciding between investing in Sage vs. Microsoft Dynamics or Microsoft Dynamics GP vs. NetSuite. Both Dynamics GP and NetSuite provide both ERP and CRM functionality. Companies to improve the productivity of their accounting software prefer Sage Intacct. They can sign up for additional modules if they need other functionality. However, they won’t benefit from a built-in CRM and full-scale ERP platform.
Businesses on the rise might be better off with NetSuite or Microsoft Dynamics GP. NetSuite is a SaaS platform, so organizations can sign up for a monthly subscription versus investing in an on-premises solution. Organizations can obtain something similar by upgrading to Microsoft Dynamics 365. Going that route also allows a company to integrate the platform with other popular Microsoft software.
Trying to pick the right business software for your company can be challenging with so many options on the market. Internet eBusiness Solutions (iES) partners with organizations to find the best solutions for their business environment. Contact us today to set up a consultation with one of our technology specialists.