If you’re searching for an ERP system that streamlines operations, improves efficiency, and grows with your business, then you've probably heard of Microsoft Dynamics 365 Business Central. It's a popular ERP that offers good functionality for small and simple businesses. Small and simple being the operative words. For any business that has multiple entities, needs to customise their solution, and has third-party integration requirements, then Business Central is not a good fit. It is not easily customisable and is hard to scale, so any complex requirements will hike up the implementation time and cost significantly.
This is why we have come up with a list of 8 alternatives to Business Central, all with their own pros and cons. We will dive into their features, pricing, and limitations, so you can make the best choice for your company.
1. NetSuite (Oracle)
NetSuite is a leading cloud-based ERP solution designed to streamline operations and boost business performance. It offers a comprehensive suite of tools including financials (account reconciliation, financial consolidation, revenue recognition etc), CRM, HR, E-Commerce, Supply Chain Management, Warehouse Management and more. Developed by Oracle, it helps businesses manage their operations more efficiently.
NetSuite is known for its ability to easily integrate with third-party applications, making it easy to scale and grow with your business. NetSuite is fully cloud-based and has numerous secure data centres across the world, so you will never need to worry about maintaining hardware or outgrowing your systems. It also offers advanced reporting so you will always know exactly where your business is at, and can make informed decisions based on current data. It is an amazing choice for any company looking to invest in an ERP that is easy to use and easy to scale.
Pros
- NetSuite offers every module you could possibly need, for from financials to CRM, to Inventory Management or E-commerce
- Its real-time analytics offer valuable insights, helping businesses make informed decisions quickly
- The platform's scalability is ideal for various business models, ensuring it can grow alongside your company
- NetSuite also allows access database functionalities across multiple departments, ensuring information flows seamlessly.
- Order management capabilities are integrated to help businesses maintain control over sales, inventory, and fulfillment processes
Cons
- The high cost can be a hurdle for some small businesses
- The system's complexity might require additional training and resources
Price Range
NetSuite's pricing is complex as it is based on a variety of factors including the number of users, transaction volumes and modules. Check out our in depth NetSuite pricing guide for more information on the cost of a NetSuite license and implementation.
Expert Insights on Oracle NetSuite
Oracle NetSuite is a great fit for any business. It is suitable for small businesses only requiring basic financials, or large businesses that require multiple modules with complex customisations. It's modular and user based approach means you can start with your bare minimum requirements and add features or users as and when you need them. It may be a pricier option, but this is because it is easy to implement. other ERPs have costs hidden in their long and arduous implementation times. NetSuite scales with you, not against you.
2. Acumatica
Acumatica is a comprehensive cloud-based ERP system designed to streamline business operations across various industries. Its modular architecture allows organisations to select and implement only the functionalities they require, meaning it can meet the needs of most businesses. Its features include financial management, inventory and warehouse management, CRM and project management. It doesn't offer HR or E-commerce software like NetSuite, so it may not be suitable for businesses requiring these features.
Acumatica's cloud-based ERP system is built on modern technology, offering scalability, flexibility, and a user-friendly interface. Its open architecture and low-code/no-code customization options empower businesses to tailor the system to their unique requirements. It also come
Pros
- Acumatica's integrated applications cover Accounting, Inventory, CRM, and Project Management.
- Its scalability ensures it can grow with small businesses
- Users often praise its user-friendly interface
- The platform's flexible licensing can be a cost-effective option for companies looking to expand
- Power apps integration is also supported, allowing users to enhance system capabilities further
Cons
- Some users may encounter challenges with customization and integration, particularly when trying to tailor the system to specific requirements or when integrating with third-party applications
- The above challenges can lead to additional time and resources spent on developing suitable solutions
Price Range
Acumatica's pricing typically ranges from $1,000 to $5,000 per month, depending on the selected modules and features. It's crucial to assess which features are necessary to avoid unnecessary costs.
Expert Insights on Acumatica
Acumatica is well-suited for mid-sized businesses that require a flexible ERP system with flexible licensing options. Its balance of functionality and scalability makes it a strong contender for companies aiming to optimize their operations without the complexity of larger ERP systems.
3. SAP S/4HANA Cloud
SAP S/4HANA Cloud is a cloud-based ERP solution that uses the SAP HANA in-memory database to enable real-time data processing and analytics. Designed to help businesses run more efficiently, it integrates core functions like finance, procurement, manufacturing, and sales, all on a single platform. The real-time capabilities of SAP S/4HANA Cloud allow businesses to access up-to-date insights, helping them make faster, more informed decisions and adapt quickly to changing market conditions.
Built for flexibility, SAP S/4HANA Cloud supports intelligent automation, AI, and machine learning to optimise operations and streamline processes. It offers scalability and seamless integration with other SAP and third-party applications. With its modern user interface and cloud-native design, businesses can easily access the system from anywhere, making it an ideal solution for companies looking to improve efficiency and stay competitive in a fast-paced environment.
Pros
- The platform offers seamless integration with other SAP tools and a variety of third-party platforms, enhancing its versatility
- Its powerful analytics capabilities support complex data analysis, which is beneficial for strategic planning and operational efficiency
Cons
- SAP S/4HANA Cloud comes at a very high price point, so is inaccessible for a lot of businesses
- It's increased complexity results in a long implementation
- The extensive functionality may require substantial training and adjustment periods
Price Range
Pricing for SAP S/4HANA Cloud typically starts in the tens of thousands annually, depending on the modules and the scale of deployment. Organizations should prepare for ongoing costs associated with updates and maintenance.
Expert Insights on SAP S/4HANA Cloud
This ERP solution appeals to enterprise-level organizations with complex business needs that require sophisticated analytics and data processing capabilities. It's an excellent fit for companies that can invest in a comprehensive system to support intricate operations.
4. SAP Business ByDesign
SAP Business ByDesign is a cloud-based ERP solution designed specifically for small to medium-sized businesses. It provides a comprehensive suite of applications that integrate core business functions, such as finance, procurement, project management, and supply chain. By simplifying these processes, SAP Business ByDesign helps businesses streamline operations and enhance efficiency.
The solution is scalable, allowing companies to adjust as they grow without the complexity typically associated with larger enterprise systems. With its user-friendly interface, businesses can easily manage day-to-day tasks while gaining real-time insights into performance. SAP Business ByDesign also offers built-in analytics and reporting tools, helping businesses make data-driven decisions and improve overall business agility.
Pros
- It has an intuitive user interface that simplifies navigation and task management
- The system's scalability allows businesses to adapt the software as they grow, ensuring long-term usability and return on investment
- A lot cheaper than other tools
Cons
- Some might find the cost to be high relative to their size
- There is limited customization compared to other tools, which may restrict businesses with unique or specialized processes
Price Range
The pricing model is based on a per-user basis, typically around $100 to $150 per user per month. Businesses should also consider potential additional costs for specific modules or features.
Expert Insights on SAP Business ByDesign
SAP Business ByDesign is suitable for mid-sized businesses that need reliable ERP solutions without the extensive complexity of larger systems. Its balance of functionality and simplicity makes it a practical choice for many organizations.
5. Odoo ERP
Odoo ERP is an open-source solution that offers flexibility and extensive customisation options, making it a cost-effective choice for businesses of all sizes. It provides a comprehensive suite of integrated applications that cover a wide range of business functions, including sales, inventory, accounting, and HR.
The open-source nature of Odoo allows businesses to modify the system to meet their specific needs, giving them greater control over the software. Odoo's modular design means companies can start with the core applications they need and add more as their requirements grow. The platform is user-friendly, offering a seamless experience across various devices and interfaces. With its affordability and scalability, Odoo is an ideal option for businesses looking to implement an ERP system without the high costs often associated with more traditional solutions.
Pros
- Odoo's wide range of business applications, including eCommerce and CRM, allows businesses to manage multiple operations from a single platform
- Its cost-effective nature and flexibility make it an attractive option for companies seeking to tailor their ERP system to specific needs
- For example, a startup could use Odoo to manage their online store, customer relationships, and inventory without investing in multiple software solutions. This approach simplifies their technology stack and reduces costs
Cons
- The primary drawback is the technical expertise required for effective customization
- Businesses without in-house technical teams may need to invest in expert support to fully leverage the system's capabilities
Price Range
Odoo offers a free (community version), which is a significant advantage for small businesses or startups. The Enterprise version starts at $6 per user per month, providing additional features and support.
Expert Insights on Odoo ERP
Odoo ERP is appealing to businesses seeking flexible ERP options that can be customized extensively. Like mentioned above, it's particularly beneficial for organizations that have the technical resources to adapt the system to their unique processes.
6. Sage Intacct
Sage Intacct is a modern cloud ERP focusing on financial management and automation. Sage Intacct distinguishes itself from other ERPs through its deep financial management capabilities, advanced automation features, and real-time reporting. Unlike many traditional ERP systems, Sage Intacct offers a comprehensive suite of financial tools that streamline accounting processes and provide immediate insights into financial performance. It doesn't offer native manufacturing, CRM or e-commerce capabilities, and it struggles to integrate with third-party tools.
Its cloud-based platform ensures scalability and flexibility, allowing businesses to adapt to changing needs without the constraints of on-premise solutions. Additionally, Sage Intacct's user-friendly interface and seamless integration with other business applications enhance operational efficiency and support informed decision-making. However, it is mostly suited to companies in the UK and US, due to it's lack of international tax and currency functionality.
Pros
- The platform incorporates AI-powered financial tools that enhance accuracy and efficiency
- High levels of customer satisfaction reflect its ease of use and the value it provides
- By automating routine tasks, Sage Intacct helps improve productivity and boosts business performance
Cons
- Potential users should be aware of the cost associated with Sage Intacct, which can be higher than some competitors
- There is also a learning curve when mastering its advanced features, which may require additional training and time investment
- Not suitable for companies outside of the UK and US
Price Range
Sage Intacct's pricing ranges between $200 and $1,000 per month, depending on the selected features and the number of users. Evaluating the necessary features beforehand can help manage costs effectively.
Expert Insights
Sage Intacct is ideal for finance-focused organizations in the UK and US that need advanced accounting tools. Its robust financial management capabilities make it a top choice for companies aiming to enhance their financial operations. If you require anything other than financials, then this ERP system isn't for you.
7. Infor CloudSuite ERP
Infor CloudSuite is a cloud-based solution designed to address the unique needs of industries like manufacturing and distribution. It offers preconfigured functionalities that align with specific industry processes, reducing the need for extensive customisation. The system integrates advanced technologies such as artificial intelligence and machine learning to provide real-time analytics and predictive insights, enhancing decision-making. Its user-friendly interface and role-based dashboards improve user adoption and operational efficiency. Infor CloudSuite is built on a flexible platform that supports seamless integration with other enterprise systems, ensuring a cohesive technology ecosystem.
Pros
- The system provides industry-specific solutions that address unique operational needs
- Its advanced analytics capabilities offer deep insights into business processes
- Infor CloudSuite supports scalability for growing businesses, ensuring the system remains effective as the company expands
Cons
- The platform can be complex to implement and use, potentially leading to higher implementation costs
- The complexity may require specialized training and expertise, increasing the time and resources needed for deployment
Price Range
Infor CloudSuite ERP pricing starts in the tens of thousands annually, varying based on the scope of implementation and specific industry requirements. Detailed quotes are necessary to understand the total investment.
Expert Insights on Infor CloudSuite ERP
This ERP is best suited for large businesses within specific industries that need a tailored ERP system. Its specialized features deliver significant value to organizations that require industry-focused functionalities.
8. Sage Business Cloud X3
Sage Business Cloud X3 is an ERP system designed for medium to large businesses looking to streamline their operations. It offers a comprehensive suite of tools that integrate key business processes such as finance, inventory, and manufacturing. With its flexible, cloud-based architecture, Sage X3 helps businesses scale their operations while maintaining control over critical functions.
The platform provides real-time data and analytics, empowering businesses to make quicker, more informed decisions. Sage X3 also stands out for its ease of use, with an intuitive interface that reduces training time and enhances productivity. This combination of flexibility, integration, and user-friendly design makes Sage Business Cloud X3 a strong choice for growing businesses.
Pros
- Sage X3 offers extensive features for financials, manufacturing, and supply chain management
- Its capability to provide real-time visibility into business operations helps organizations make timely and informed decisions
Cons
- For smaller businesses, the complexity and high cost of implementation can be prohibitive
- The system's extensive features may be more than what a smaller organization requires, leading to unnecessary expenditure
Price Range
The pricing typically falls between $100 to $200 per user per month, with additional implementation costs to consider. Customization and specific modules can also affect the overall price.
Expert Insights on Sage Business Cloud X3
Sage X3 is an excellent choice for businesses needing scalability and enhanced visibility into their operations. Its robust features support companies looking to optimize processes and drive growth.
What to consider when choosing the right ERP system for your business
When choosing the right ERP system for you, it's important to consider the following:
- Business Requirements: It's essential to carry out a business process review in order to understand and identify which functions the ERP needs to support, such as finance, inventory, manufacturing, or sales.
- Scalability: Choose an ERP that can grow with your business. Ensure it can handle increased transactions, users, or new business processes as you expand.
- Cost: Consider both the initial cost and ongoing maintenance fees. Make sure the ERP fits within your budget while meeting your needs.
- Integration: The ERP should integrate easily with your existing systems, such as CRM, supply chain tools, or third-party applications, to avoid data silos and improve efficiency.
- Customization: Determine how much the ERP can be customised to fit your unique business needs without requiring extensive development work.
- Support and Training: Consider the quality of vendor support and available training resources to ensure a smooth implementation and continuous support.
- Deployment Option: Decide whether you want a cloud-based ERP, which offers flexibility and remote access, or an on-premise solution, which might offer more control over security.
- Security: Make sure the ERP system follows industry standards for data protection and security to safeguard your business information.
- Vendor Reputation: Research the vendor’s track record, customer reviews, and success stories to ensure they have experience in your industry and can meet your needs.
If you're still confused on which ERP is right for you, then we are here to help. Although we are a NetSuite Solution Provider, we have experience with all of the aforementioned ERPs, and can support you in choosing the right system for you. Get in touch now for a free systems health check, or try NetSuite for free for 14 days!
