dynamics 365 for financials vs. netsuite

Dynamics 365 for Financials vs NetSuite

www.solsyst.com

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Presented By:Michael IntravartoloMarketing ManagerSolution Systems,

Inc.

Reimagine 2017

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How long will it take to deploy the solutions?

Dynamics 365 for Financials NetSuite

Dynamics 365 for Financials can be deployed significantly faster than NetSuite. The process can be completed in days, with the actual installation process being simple enough to complete in minutes.

Even as a cloud solution, NetSuite can take weeks to deploy.

While they may move faster with SMBs, NetSuite’s typical implementation will be a professional services engagement with traditional customization hurdles.

Dynamics 365 for Financials simplifies data migration from Excel, QuickBooks, and legacy ERP systems with the help of a built-in self-guided migration wizard.

Even thought NetSuite provides pre-built data maps for migration, customers often hire a NetSuite consultant or professional services to help complete the data migration process.

How long will it take to learn how to use it?


You can set up customers or vendors, create quotes, process orders, and submit invoices all without leaving your inbox in Outlook.

You can see up-to-date customer or vendor information like balances or upcoming shipments in Outlook so you don’t have to toggle between applications.

With NetSuite, and any other competitor product, you would need to open another application to view customer information or begin the quote process.

How will the solution save me time?


Dynamics 365 for Financials reduces manual data entry with Optical Character Recognition.

OCR automatically scans and extracts information from incoming documents in your inbox, generates an invoice, and stores the invoice against the transaction for future analysis.

In NetSuite customers have to manually attach an electronic image and enter transaction data.

How will the solution save me time cnt’d?


In Dynamics 365 for Financials you can review and enter everything in one view with FastTabs, so you can complete common processes like generating a purchase order much more easily.

NetSuite customers have to waste time clicking back and forth among tabs to view information.

How will the solution save me time cnt’d?


Dynamics 365 for Financials general ledger structure lets you create unlimited categories for tagging and analyzing data.

Create as many user-defined dimensions as you need to slide and dice your data – like department, cost center, projection, location, customer type, division, etc.

NetSuite only has 3 possible dimensions: Business Units, Locations and Classes.

What categories are available for analyzing data?


Dynamics 365 for Financials lets you easily drill down to transaction details and relevant scanned images from the general ledger.

For example, if you are looking at a posted purchase invoice, it’s very easy to navigate to the general ledger and see the financial impact of that transaction.

NetSuite requires you to run a report or click through multiple screens to get information, and you can’t open an attached image from the general ledger.

What information can I see from the general ledger?


Dynamics 365 for Financials is ready for work out of the box, without the need for customization.

While NetSuite makes customization a pre-requisite for getting started, Dynamics 365 for Financials lets you have the choice to customize as it makes sense for your company.

Even in the SMB market, NetSuite solutions often require expensive and time-consuming customization that require a full IT department to deploy.

How is this helping me avoid a lengthy and costly IT project?


Microsoft has a predictable roadmap for Dynamics 365 for Financials and a reliable track record of serving SMBs.

NetSuite’s future is uncertain. Oracle has a history of acquiring companies – like Sun and Taleo – and failing to integrate them successfully into their product stack. In contrast, Microsoft built Dynamics 365 for Financials – it is a core part of Microsoft’s offerings, not a new acquisition.

Is Microsoft committed to the SMB space?


Dynamics 365 for Financials’ pricing is affordable out of the gate and predictable in the long term, with a 5-year total cost of ownership that is significantly lower than NetSuite

NetSuite offers heavy discounts (which can vary widely, but often range from 30-80%) in the first year, but then typically increases prices steadily every subsequent year (up to 10-20% per year). In many cases, customers must renegotiate their contract annually and deal with strong-arm tactics.

How will Dynamics 365 for Financials save me money and how often is the price going to

change? Dynamics 365 for Financials NetSuite

Microsoft partners will offer flexible payment options, including straightforward monthly billing.

NetSuite may quote you a monthly price, but, they do not support monthly payments. At best, NetSuite will allow a few large installment payments, creating potential cash flow pressures.

What are my billing options?


Dynamics 365 for Financials lets you start with what you need and grow at your own pace. With the Appsource marketplace and PowerApps app-builder you can customize on your own terms.

In addition, you can cost-effectively scale up to the Business Plan bundle, greatly increasing your functionality for a small increase in price.

NetSuite customers often find that they have to pay significantly more for modules they expected to be included (like project management or fixed asset management for example).

NetSuite’s add-on modules and SuiteScript app costs thousands of dollars per year, putting them out of reach for most SMBs.

How much will it cost for extra modules if I need them?


Dynamics 365 for Financials is vastly more affordable for SMBs from day one.

Plus, when customers are ready to step up, they can get Sales and Marketing apps in the Business Plan bundle for only $10 more per user per month (Starting Spring of 2017).

NetSuite is more expensive in every category. On top of higher per-user cost, they charge for software and bill 1-1.5x the subscription price for implementation.

Customers often require add-on modules, which set them back thousands of dollars per year.

How Microsoft saves customers money


Dynamics 365 for Financials is vastly more affordable for SMBs from day one.

Plus, when customers are ready to step up, they can get Sales and Marketing apps in the Business Plan bundle for only $10 more per user per month (Starting Spring of 2017).

How Microsoft saves customers money

Thank You for Joining

Contact info: Michael Intravartolo

847-590-3000 x 295

[email protected]

@Solution_System

@Solution_Systems

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dynamics 365 for financials vs. netsuite

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