IFS Cloud Platform vs Microsoft Dynamics 365 Business Central comparison

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Comparison Buyer's Guide
Executive Summary

We performed a comparison between IFS Cloud Platform and Microsoft Dynamics 365 Business Central based on real PeerSpot user reviews.

Find out in this report how the two ERP solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed IFS Cloud Platform vs. Microsoft Dynamics 365 Business Central Report (Updated: November 2023).
746,635 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
"All the modules are valuable in their own right, but everything has to go through the ERP. IFS has done an excellent job integrating the various modules to complete these processes. My expertise is in the finance module, but I have used the other verticals. It's an all-around good product.""Having a young talented programmer, during the six years of use, we were able to save around 75 000 EUR preparing simple modifications using customization rather than ordering them in IFS / Partner.""IFS has been completely rebuilt, modernized, and cloud-based so we don't need bulky software installations.""A high level of ERP can be handled in IFS.""The financial posting controls are quite handy. The user interface is really friendly, highly flexible, and pretty intuitive for end users.""There tends not to be a massive weakness in the product itself, as weaknesses can quickly be resolved in the next patch or the next release.""IFS Applications is an all-in-one solution for finance, accounting, and production.""The most valuable feature is the distribution module."

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"Has good integration with Power BI.""The security feature, particularly the encryption, which still builds sensitivity, is one of the most valuable features.""I like Microsoft Dynamics' simplicity. The interface is excellent, and it's a highly mature product. You can hardly find any bugs in the product.""The tool covers most of the business requirements that most companies have, especially financial institutions.""The most valuable feature of Microsoft Dynamics 365 Business Central is cloud accessibility.""The most valuable feature of Microsoft Dynamics NAV is its simplicity of accounting and receiving reports. The solution is similar to Microsoft Excel, and that similarity is good. All the functions of Microsoft Dynamics are user-friendly.""It is a stable solution.""The most valuable features of Microsoft Dynamics 365 Business Central are the dashboards, ease of use, and flexibility."

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"I'm a business analyst, so I do a lot of customer-facing work. I take calls from businesses I have to troubleshoot. One thing that bugs me is the error messages you get from IFS. If I get an error message, I have to dig to find the cause because, often, the error message doesn't precisely describe the problem. It'll hint about where the problem lies, but you have to work to find the root cause. It doesn't help in my situation. You expect an error message to point to the field or what is causing the issue.""IFS Applications can improve the reporting capabilities and increase the speed of feedback time in the IFS Applications. This would help with the overall performance of the solution and provide better experiences for customers.""The solution's initial setup process was complex...The technical support my company receives from the implementation partners of the solution is not that great.""There were initial difficulties when I started using the application.""Sometimes from the sales perspective, clients don't always fully understand how large a task or a project they're getting involved in when they decide, "We're going to switch across to IFS." They could probably do a little bit more, maybe around preparing people for these projects.""Aspects of HR and payroll could be better.""I have seen that one of the areas that my company has identified for improvement might be the rental management capabilities within the solution.""An area for improvement would be transactions, which can be tedious to complete as the process is very complex."

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"The solution can improve by having better integration with Microsoft PowerBI and reporting.""The stability could always be improved.""I would like to improve the tool’s reporting and coding part.""As our company grew we had to switch from Microsoft Dynamics NAV to a solution that was suited for larger-sized companies.""The configuration packages can be somewhat tiresome at times, and they can be slow when loading data.""The solution could include the retail tool in the native version.""Any request that had come from the website had to go through an e-form which was then plugged into Microsoft Dynamics NAV. There was no direct data capture. That was the pain point, where clients had to build e-forms, and that caused delays in transactions and getting information.""The solution is stable, but it could improve."

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Pricing and Cost Advice
  • "There's an additional yearly cost for support."
  • "There are varying license levels that you can purchase."
  • "IFS Applications are competitive in terms of pricing compared to other vendors, such as SAP, Oracle, and Epicor. They are generally cheaper, especially for licensing costs."
  • "Compared to SAP, the pricing for IFS Applications was very affordable. People using the solution would find that it's worth the money."
  • "The pricing of the solution may appear to be expensive for smaller companies with only tens of users; however, for larger and mid-size industrial companies, IFS is able to win deals and the pricing is competitive in the market."
  • "The additional cost that comes with the solution includes the overhead of the people who are trying to fix the tool issues. These people are trying to reproduce the issue and report it to the technical support and testing with them which is huge. It is the cost of quality in the end."
  • "The pricing is relatively high compared to competitors."
  • "We pay for a license to use the solution, which is not very expensive."
  • More IFS Cloud Platform Pricing and Cost Advice →

  • "NAV might be a little pricey for a small or medium-sized company, but all the solutions out there are."
  • "The cost is one of the benefits. If you don't want to go for the full-blown finance and operations, the pricing model is a lot cheaper and has now switched to being based on a per-user subscription. So, if it's on cloud, you now have an expense instead of a large CapEx. If it's on-prem, you obviously still have to continue with the licensing model that they have, but if you compare the features and functionality, in terms of the price that you pay, I find it's better than other products. My answer on the pricing would be slightly different, depending on the country you're in and the return on investment, based on the size of the company. It's well-priced internationally. I think the new model is priced even better because it's now subscription-based and, if you go for cloud, the return on investment is a lot quicker and if it's expense, you can cap it. If you do take the on-prem version, the licensing is still priced as what it used to be, so that would depend on what country you are in."
  • "Its licensing is yearly. In addition to the licensing cost, there is the cost of hosting on Azure."
  • "I would rate the pricing of this solution at three out of five."
  • "We have a perpetual license to use Microsoft Dynamics NAV."
  • "The deployment cost us $70,000 and we pay around $18,000 annually for support, which we find to be expensive."
  • "The on-premises model of Dynamics NAV is very expensive, hence our plan to migrate to Dynamics 365 Business Central, which appears to fit our needs better in terms of pricing. Compared to competitors, the cloud version of Dynamics is in the middle; not too high and not too low."
  • "There is an annual cost of using Microsoft Dynamics NAV. The cost is approximately 140,000 INR."
  • More Microsoft Dynamics 365 Business Central Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:A high level of ERP can be handled in IFS.
    Top Answer:We pay for a license to use the solution, which is not very expensive.
    Top Answer:Customization needs to be improved, and the solution should be simpler.
    Top Answer:The solution's integration between Teams, SharePoint, and Exchange Online is really helpful.
    Top Answer:The solution's event management can be improved. If there are more than 3,000 people, the event quality decreases rapidly. That is something which can definitely be improved.
    out of 64 in ERP
    Average Words per Review
    out of 64 in ERP
    Average Words per Review
    Also Known As
    IFS Applications, Assyst, IFS Cloud
    Dynamics NAV, MS Dynamics NAV
    Learn More

    IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service​​​​​​​. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.

    Microsoft Dynamics 365 Business Central is a cloud-based enterprise resource planning (ERP) solution developed by Microsoft. It is designed to help small and mid-sized organizations streamline and automate their financial, supply chain, and project management processes. Business Central offers a range of tools and features to support collaboration and communication and provides real-time visibility into business performance.

    With Business Central, organizations can manage their financials, including general ledger, accounts payable, accounts receivable, and cash management. It also offers supply chain management capabilities, including inventory management, purchase order management, and sales order management. In addition, Business Central supports project management, including project tracking, project billing, and resource management.

    Microsoft Dynamics 365 Business Central Features

    Microsoft Dynamics 365 Business Central has many valuable key features. Some of the most useful ones include:

    • Mobility: Microsoft Dynamics 365 Business Central provides mobile access, allowing users to access information and perform tasks from anywhere, at any time.
    • Reporting and analytics: The solution includes business intelligence and reporting capabilities to help organizations gain insight into their operations and make data-driven decisions.
    • Security: With its secure platform, the solution protects sensitive data and ensures the integrity of business operations.
    • Customization: It offers a highly customizable solution that can be tailored to meet the specific needs of a wide range of industries and organizations.

    Microsoft Dynamics 365 Business Central Benefits

    There are many benefits to implementing Microsoft Dynamics 365 Business Central. Some of the biggest advantages the solution offers include:

    • Adapt as your business grows: With full capabilities on desktop, tablet, or mobile, on-premises or in the cloud, across Windows, Android, and iOS devices, the solution allows you to work wherever your business takes you.
    • Rapid deployment: The solution can be rapidly deployed either in the cloud or on-premises.
    • Scalability: With the solution, you can scale as you grow using modern technologies built on the Microsoft cloud, such as machine learning, IoT, and mixed reality to help you adapt to market dynamics.
    • Drive continuous process optimization: When you implement Microsoft Dynamics 365 Business Central, you can Improve outcomes and productivity with real-time system suggestions, based on historical data, to guide employees through workflows.

    Reviews from Real Users

    Microsoft Dynamics 365 Business Central is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it is user-friendly, has good integrations, and is flexible.

    Sasinath V., Project Consultant ( Scale Up) at a tech vendor, says, "For me, the main strengths of Microsoft Dynamics NAV are that it's user-friendly and light. These are its major wins. I have used other ERPs and their architecture was a little more complex when compared to the Microsoft Dynamics NAV architecture."

    "The solution's integrations and interface are very good,” mentions Alonso R., Director de Servicios at Kc ERP group.

    Another PeerSpot reviewer, Kamesh G., Vice President - Information Systems at a media company shares what he likes most about the solution: "I have found the flexibility to be very valuable. It's highly flexible, and at least for us, it has been effective. It is also highly functional."

    Learn more about IFS Cloud Platform
    Learn more about Microsoft Dynamics 365 Business Central
    Sample Customers
    Carlsberg, Pukka, Aston Martin, Sky, China Airlines, Cimcorp, Mini, Pepsi.
    Harris Farm Markets, Mister Spex GmbH, Bounce Foods, Eurofin Services SA, Medica Medizintechnik, Associated Gaskets, Onduline, Sitka Surfboard Corporation, World Animal Protection
    Top Industries
    Manufacturing Company46%
    Educational Organization15%
    Transportation Company8%
    Training & Coaching Company8%
    Computer Software Company17%
    Manufacturing Company11%
    Comms Service Provider7%
    Manufacturing Company25%
    Financial Services Firm11%
    Computer Software Company11%
    Computer Software Company15%
    Comms Service Provider9%
    Manufacturing Company7%
    Company Size
    Small Business38%
    Midsize Enterprise34%
    Large Enterprise28%
    Small Business25%
    Midsize Enterprise16%
    Large Enterprise59%
    Small Business54%
    Midsize Enterprise18%
    Large Enterprise28%
    Small Business36%
    Midsize Enterprise17%
    Large Enterprise47%
    Buyer's Guide
    IFS Cloud Platform vs. Microsoft Dynamics 365 Business Central
    November 2023
    Find out what your peers are saying about IFS Cloud Platform vs. Microsoft Dynamics 365 Business Central and other solutions. Updated: November 2023.
    746,635 professionals have used our research since 2012.

    IFS Cloud Platform is ranked 9th in ERP with 16 reviews while Microsoft Dynamics 365 Business Central is ranked 4th in ERP with 40 reviews. IFS Cloud Platform is rated 7.8, while Microsoft Dynamics 365 Business Central is rated 8.4. The top reviewer of IFS Cloud Platform writes "Robust, customizable, and modern". On the other hand, the top reviewer of Microsoft Dynamics 365 Business Central writes "Very easy to scale and the new pricing model is a lot cheaper". IFS Cloud Platform is most compared with SAP ERP, Oracle E-Business Suite, SAP S/4HANA, IBM Maximo and SAP S/4HANA Cloud, whereas Microsoft Dynamics 365 Business Central is most compared with SAP Business One, SAP S/4HANA, Microsoft Dynamics AX, SAP ERP and Infor M3. See our IFS Cloud Platform vs. Microsoft Dynamics 365 Business Central report.

    See our list of best ERP vendors and best Activity Based Costing Software vendors.

    We monitor all ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.