ERPs designed for small and medium-sized enterprises, Dynamics GP and Dynamics 365 Business Central, are both excellent choices for handling a company’s primary financial operations. However, there are a few significant distinctions that company executives need to be aware of in relation to functionality, hosting, upgrades and updates, licensing, and AI capabilities.
We’ve spent years working with clients on GP. Additionally, ever since Business Central was released, we’ve been speaking with GP clients to assist them in evaluating their present system against the Dynamics 365 substitute or in making the switch when they’re ready.
In this blog, we’ve included a summary of each product, a side-by-side comparison, and the rationale behind some GP clients moving to Business Central.
Microsoft’s Focus
Prior to comparing these two Microsoft products, we must discuss Dynamics GP’s future. Microsoft has made the cloud a key component of its strategy and has placed Dynamics 365 Business Central at its core.
According to Microsoft’s official statement, Dynamics GP will only receive standard maintenance, which includes security and regulatory updates. There won’t be any new features released. Microsoft’s primary investment objective will be D365 Business Central.
Features
Features for Microsoft Dynamics 365 Business Central and Dynamics GP are divided into licensing levels, with separate costs associated with each tier. Both solutions adhere to Microsoft’s licensing tiers, which are known as core licenses and advanced licenses.
In this post, we compare the essential features included in the base licensing of each solution. See our extensive Comparison Report for a thorough analysis of the differences in features between Dynamics GP and Microsoft Business Central’s Advanced licensing tiers.
Dynamics GP Core Features:
- General Ledger
- Accounts Payable
- Accounts Receivable
- Fixed Assets
- Cash Flow Management:
- Multicurrency
- Order Management
- Bill of Materials
- Supply Chain Management
Dynamics 365 Business Central Core Features:
- Finance Management
- Sales & Marketing
- Sales & Delivery
- Purchasing & Payables
- Inventory
- Supply Planning & Availability
- Project Management
- Warehouse Management
Pricing Comparison
To meet diverse organizational needs, Microsoft Dynamics 365 organizational Central and Dynamics GP provide multiple pricing tiers. The following is a breakdown of the price schedules for each:
Dynamics GP:
- Starter Pack with 3 Users:
- $5,000 one-time perpetual license fee
- $900 annual enhancement fee ($800 after the first year)
- Additional Full Users: $3,000 one-time fee
Microsoft Dynamics 365 Business Central:
- Essentials Package:
- $840 per user annually
- Additional Business Users: $70 per user per month
Selecting between Microsoft Dynamics 365 Business Central and Dynamics GP requires taking into account not only the capabilities but also the price model that best suits your needs in terms of both operating requirements and budget. To obtain further information and accurate cost estimates, speaking with a Microsoft partner might be helpful.
Conclusion
With integrated HR and payroll features and a vast user, partner, and consultant network, Dynamics GP is a tried-and-true ERP solution. On-premise software deployment typically yields the best results. Dynamics GP is not Microsoft’s main emphasis, despite the business providing support for it and having a ten-year product roadmap.
Microsoft’s latest cloud-based ERP solution, Dynamics 365 Business Central, provides complete ERP features at a reasonable cost. Microsoft’s future strategy is centered around Business Central, and the company is fully committed to the cloud.
Our knowledgeable consulting staff at Business Expert Gulf is well-versed in both Dynamics GP and Business Central. For years, we have collaborated with Dynamics GP, and we were among the initial Microsoft partners to start putting Business Central into practice. We would be happy to assist you if you’re having trouble deciding which of these solutions is the best fit for your company. Let’s get in touch to discuss your requirements and your ideal software solution.