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IQMS Enterprise IQ vs Microsoft Dynamics 365 Business Central comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IQMS Enterprise IQ
Ranking in ERP
30th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Microsoft Dynamics 365 Busi...
Ranking in ERP
3rd
Average Rating
8.2
Reviews Sentiment
6.5
Number of Reviews
66
Ranking in other categories
Activity Based Costing Software (1st)
 

Mindshare comparison

As of September 2025, in the ERP category, the mindshare of IQMS Enterprise IQ is 0.6%, up from 0.5% compared to the previous year. The mindshare of Microsoft Dynamics 365 Business Central is 6.5%, up from 6.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
ERP Market Share Distribution
ProductMarket Share (%)
Microsoft Dynamics 365 Business Central6.5%
IQMS Enterprise IQ0.6%
Other92.9%
ERP
 

Featured Reviews

VR
Allows customization for production and has good sales, distribution, and quality management features
Previously, we were using a very small ERP called Visual Udyog. Visual Udyog is a very cheap solution. For a startup company, it's useful. It's not an elaborate ERP, but it gives at least 25% of what IQMS gives. It can give 25% or even close to 50% of what IQMS can give and at 10% of the cost. Initially, for the first five years of the company, where it has only one million turnover or two million turnover, it is enough. Once you want to scale up, you have to go to SAP or IQMS. I also worked with SAP. I would say that IQMS and SAP go hand-in-hand.
StefaanVandesompele - PeerSpot reviewer
Provides end-to-end accounting and finance module at reasonable pricing
365 Business Central integrates with Office 365 to streamline the invoice approval process. This allows businesses to manage and approve invoices efficiently within a unified system. Our organization plans to transition to the Dynamics 365 environment, where various functions will be centralized. We will consolidate everything into one system instead of maintaining multiple databases for each country with local data. Dynamics 365 is fully integrated, which should address many of our challenges when we migrate to this new environment. We look forward to seeing how it performs in practice. The project is progressing well overall, though integrating it with other tools and ensuring Dynamics 365 operates smoothly can be challenging. Dynamics 365 is user-friendly and effective. However, a deeper understanding of its technical capabilities and architecture might be necessary to optimize its use fully. The software landscape is evolving, and achieving the best reporting and functionality with just a click can be complex. A clear vision of what you want to achieve with Dynamics 365 is essential. Proper preparation and configuration are crucial to achieving the desired outcomes. This principle applies not only to Dynamics 365 but to all software packages. Understanding the system's flexibility and adaptability based on your specific business needs is key to its successful implementation. Overall, I rate the solution an eight out of ten.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."
"The product is customizable so we can tune it according to our requirements."
"Its most valuable feature is the user interface."
"The most important feature of Microsoft Dynamics NAV is that it lets us centralize all our information so that we don't need to rely on any other software outside of Microsoft."
"The customer support is good. The first level of support agent in every case was able to solve the problem very quickly."
"Microsoft Dynamic 365 has everything we need, like Teams, Outlook, Excel, etc. I do a lot of data visualization, so I work a lot with Power BI. I bring in tables from Oracle and use Power Bi to manipulate and visualize the data. I handle all the stats and track everything that goes in and out of the company. We use all the modules, but I work primarily with Power BI, Word, Excel, PowerPoint, and Teams. They are all equally important and work together."
"The initial setup is easy - because it stands on Microsoft offerings, it's simple and intuitive to use."
"It is easy to use, and it works very well for small-scale companies."
"Our data is much more manageable than before."
 

Cons

"Setup is very complex."
"I would like to improve the tool’s reporting and coding part."
"Microsoft Dynamics NAV could be improved in terms of exporting income statements and balance sheets. Currently, there is a feature, but you can only have the last three years. I spent some time trying to improve the KPI portion that exports the data, that already calculates the sub forms or subtotals, but they weren't able to break that up into different dimensions. They've now managed to crowd the separate table and you can export that, but it's only for the last three years. So, they could improve this solution by getting the chart of accounts or the account schedules to be exported, where you can go further than just three years with it."
"There is some network issue."
"The product should improve work optimization."
"In the next release, I would like to see a quality check module - Navision doesn't have one, and the industry very much requires it."
"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."
"Its task scheduling and manufacturing models need improvement."
"There is room for improvement in the ability to reverse or correct transactions more easily."
 

Pricing and Cost Advice

"We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
"The first time we tried to buy the newest version, it was expensive."
"The per user price of $100 a month is better than competitors."
"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."
"Microsoft Dynamics NAV has a pay-as-you-use payment model."
"I think the pricing is the best; it's cost effective for sure."
"There are two types of licenses. One is the essential license in which everything is covered, and the next is the premium. If your company is a manufacturing or service management company, then you can go for the premium license because those two modules are the premium ones. You can manage your manufacturing activities and your service activities."
"The solution's license is costly compared to other CRM tools."
"I give the solution a seven out of ten for pricing."
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Top Industries

By visitors reading reviews
Manufacturing Company
19%
Healthcare Company
11%
Computer Software Company
10%
Financial Services Firm
6%
Computer Software Company
12%
Manufacturing Company
12%
Comms Service Provider
7%
Retailer
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business39
Midsize Enterprise12
Large Enterprise19
 

Questions from the Community

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What do you like most about Microsoft Dynamics NAV?
The platform offers a robust and comprehensive cycle for supply chain and inventory management, with features like minimum and maximum settings, dynamic monitoring of inventory levels, and integrat...
What is your experience regarding pricing and costs for Microsoft Dynamics NAV?
I don't have specific information about the pricing of Microsoft Dynamics 365 Business Central. However, it was very costly due to the numerous integrations we had.
What needs improvement with Microsoft Dynamics NAV?
When I started working with Microsoft Dynamics 365 Business Central, I was new and didn't know what ERP was or its purpose, but I was eager to learn more each day. The system can become overwhelmed...
 

Also Known As

Enterprise IQ
Dynamics NAV, MS Dynamics NAV
 

Overview

 

Sample Customers

Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
Harris Farm Markets, Mister Spex GmbH, Bounce Foods, Eurofin Services SA, Medica Medizintechnik, Associated Gaskets, Onduline, Sitka Surfboard Corporation, World Animal Protection
Find out what your peers are saying about SAP, Microsoft, Infor and others in ERP. Updated: August 2025.
867,497 professionals have used our research since 2012.