Software Alternatives, Accelerators & Startups
Register | Login

Netsuite ERP VS Microsoft Dynamics GP

Compare Netsuite ERP VS Microsoft Dynamics GP and see what are their differences

Flowlu
All-in-one work management platform for team collaboration. featured
Contents:
  1. » Base Details
  2. » Videos
  3. » Reviews
  4. » Alternatives

Netsuite ERP logo Netsuite ERP

Cloud-based ERP software.

Microsoft Dynamics GP logo Microsoft Dynamics GP

ERP Software Package
  • Netsuite ERP Landing page
    Landing page //
    2023-09-22
  • Microsoft Dynamics GP Landing page
    Landing page //
    2023-02-09

Netsuite ERP features and specs

  • Comprehensive Functionality
    NetSuite ERP offers a wide range of modules and features covering financials, CRM, eCommerce, inventory management, and more. This makes it a comprehensive solution for businesses looking for an all-in-one platform.
  • Cloud-Based
    Being a cloud-based solution, NetSuite ERP provides accessibility from anywhere with an internet connection. This feature also facilitates automatic updates and maintenance.
  • Customizability
    NetSuite ERP can be tailored to fit the specific needs of various industries and businesses. It offers extensive customization options to meet unique business processes and requirements.
  • Scalability
    As a scalable solution, NetSuite ERP can grow with your business. It is capable of handling the increased complexity and size of expanding businesses.
  • Real-Time Metrics
    The platform offers real-time data, reports, and dashboards, enabling businesses to make informed decisions quickly and efficiently.

Possible disadvantages of Netsuite ERP

  • Cost
    NetSuite ERP can be expensive, particularly for smaller businesses. The costs include subscription fees, implementation fees, and ongoing maintenance costs.
  • Complexity
    Its extensive features and customization options can make the platform complex and may require significant time and resources for implementation and training.
  • Customization Challenges
    While the system is highly customizable, extensive customizations can lead to complicated maintenance and may require specialized expertise to manage.
  • Limited Offline Access
    As a cloud-based solution, NetSuite ERP relies on internet connectivity. Limited offline access can be a drawback for businesses in areas with unstable internet connections.
  • Vendor Lock-In
    Switching from NetSuite ERP to another platform can be challenging and costly due to the degree of integration and customization that businesses may undergo with the system.

Microsoft Dynamics GP features and specs

  • Comprehensive Financial Management
    Microsoft Dynamics GP offers extensive financial management features, such as general ledger, accounts payable, and accounts receivable, which help businesses efficiently manage their financial transactions and reporting.
  • Integration with Microsoft Products
    Seamless integration with other Microsoft products like Office 365, Power BI, and Azure enhances productivity and accessibility across different platforms and tools.
  • Scalability
    The solution can scale with the growth of the business, accommodating increased transaction volumes and user numbers, making it suitable for both small and large enterprises.
  • Customization and Extensibility
    Microsoft Dynamics GP allows for a high degree of customization and can be extended with third-party add-ons to meet specific business needs and industry requirements.
  • Robust Reporting and Analytics
    The platform offers robust reporting and analytics tools, enabling users to generate detailed financial and operational reports to aid in decision-making processes.

Possible disadvantages of Microsoft Dynamics GP

  • Complexity
    The extensive features and customization options can make the system complex to configure and manage, requiring specialized knowledge or professional services for optimal setup and maintenance.
  • Cost
    The initial licensing, implementation, and ongoing maintenance costs can be relatively high, which may not be feasible for very small businesses or startups with limited budgets.
  • User Interface
    The user interface can be seen as outdated and not as user-friendly compared to more modern ERP systems, potentially leading to a steeper learning curve for new users.
  • Limited Cloud Capabilities
    While Microsoft Dynamics GP is primarily an on-premises solution, its cloud capabilities are limited compared to newer, cloud-native ERP solutions, possibly leading to higher infrastructure and IT management costs.
  • Diminished Focus and Updates
    Microsoft's focus has shifted towards other ERP platforms like Dynamics 365, which may result in fewer updates and new features for Dynamics GP over time.

Analysis of Netsuite ERP

Overall verdict

  • Overall, NetSuite ERP is a strong contender for businesses seeking a cloud-based, all-in-one solution to manage various aspects of their operations efficiently. It is particularly beneficial for medium to large enterprises seeking a scalable solution that can grow with them. However, its complexity and cost might pose challenges for smaller businesses with limited resources.

Why this product is good

  • NetSuite ERP is generally considered a good solution for its comprehensive suite of tools that streamline business operations such as accounting, inventory management, order processing, and customer relationship management. It is a cloud-based system, which means it offers flexibility and scalability for growing businesses, and it can be accessed from anywhere with an internet connection. The software integrates well with other applications and provides robust reporting and analytics capabilities. Additionally, NetSuite's modular nature allows businesses to tailor the system to their specific needs.

Recommended for

    NetSuite ERP is recommended for medium to large enterprises, especially those with complex organizational structures and a need for robust financial, inventory, and customer management tools. It is an ideal solution for businesses looking to streamline their operations into a single platform with strong data analytics and reporting capabilities. It may also be suitable for organizations planning significant growth and requiring a scalable ERP system.

Analysis of Microsoft Dynamics GP

Overall verdict

  • Microsoft Dynamics GP is generally considered a good option for companies seeking an on-premises ERP solution with strong financial management capabilities. However, organizations looking for cloud-based solutions might prefer newer Microsoft offerings like Dynamics 365, which provides more modern features and better integration with other Microsoft cloud services.

Why this product is good

  • Microsoft Dynamics GP (Great Plains) is an ERP solution that offers robust financial management capabilities, supply chain management, and human resources management, among other features. It integrates well with other Microsoft products, providing a seamless experience for users already within the Microsoft ecosystem. Dynamics GP is known for its flexibility and scalability, making it suitable for small to medium-sized businesses looking to streamline operations and improve visibility into business processes.

Recommended for

    Dynamics GP is recommended for small to medium-sized businesses in industries such as manufacturing, distribution, and retail. Companies that have existing IT infrastructure supporting on-premises solutions and those heavily invested in the Microsoft product suite may find additional value from Dynamics GP.

Netsuite ERP videos

+ Add

Independent Review of Oracle Netsuite ERP | Small Business Accounting Software or Enterprise Ready?

Microsoft Dynamics GP videos

+ Add

Introduction to Microsoft Dynamics GP (February 2017)

More videos:

  • Demo - Microsoft Dynamics GP Demo
  • Review - What's New in Microsoft Dynamics GP 2018

Category Popularity

0-100% (relative to Netsuite ERP and Microsoft Dynamics GP)

Netsuite ERP

Microsoft Dynamics GP

ERP
66 66%
ERP
34% 34
Accounting & Finance
53 53%
Accounting & Finance
47% 47
Accounting
56 56%
Accounting
44% 44
CRM
53 53%
CRM
47% 47

User comments

Share your experience with using Netsuite ERP and Microsoft Dynamics GP. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Netsuite ERP and Microsoft Dynamics GP

Netsuite ERP Reviews

Best Inventory Management Software of 2020
Pros & Cons of NetSuite ERP Software Netsuite ERP is fast, effective, and efficient. It introduces automation to purchase orders, invoices and reports, provides tracking that keeps people accountable and provides everybody in the organization with access to the information that they need in real time. This cuts down on time-wasting correspondence and inquiries. The system...
Source: digital.com

Microsoft Dynamics GP Reviews

We have no reviews of Microsoft Dynamics GP yet.
Be the first one to post

What are some alternatives?

When comparing Netsuite ERP and Microsoft Dynamics GP, you can also consider the following products

SAP ERP - SAP ERP is enterprise resource planning software developed by the German company SAP SE.

ERPNext - The ERP Software that helps you take full control of your business. ERPNext is both powerful and easy to use.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

Odoo - An all-integrated business app suite to unleash your growth potential.

Oracle NetSuite - NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

Epicor Kinetic - Epicor ERP is a global enterprise resource planning solution.

Loading...