Financial Manager at a hospitality company with 51-200 employees
Real User
Top 5
Stable, reliable, and provides a solid foundation for our business operations
Pros and Cons
  • "The most valuable features of Business Central for me are its seamless integration with Power BI and the ability to create customized reports."
  • "There is room for improvement in the ability to reverse or correct transactions more easily."

What is our primary use case?

I use Microsoft Dynamics 365 Business Central for finance. Our accountants enter transactions, I review them and handle month-end closing. I also help with updates and train my team on using the system.

What is most valuable?

The most valuable features of Business Central for me are its seamless integration with Power BI and the ability to create customized reports. These features save us time and effort in analyzing our results.

What needs improvement?

There is room for improvement in the ability to reverse or correct transactions more easily. Currently, if we make mistakes or need to undo something, it can be challenging and time-consuming. Simplifying the process for reversing transactions would be helpful.

For how long have I used the solution?

I have been working with Microsoft Dynamics 365 Business Central for two years.

Buyer's Guide
Microsoft Dynamics 365 Business Central
April 2024
Learn what your peers think about Microsoft Dynamics 365 Business Central. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
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What do I think about the stability of the solution?

I would rate the stability of the solution as an eight out of ten. I find Business Central to be a stable system. However, we experienced issues with updates in our previous system where the cost of goods sold wasn't recognized after updates. Our consultants addressed the problem, and it has been stable since.

What do I think about the scalability of the solution?

I would rate the scalability of the solution as an eight out of ten. Business Central is highly scalable and suitable for both small and medium-sized enterprises.

How was the initial setup?

I would rate the initial setup of Business Central as a seven out of ten for ease. Transitioning from our previous software was a bit challenging for our accounting team, especially with reversing transactions, but they became more comfortable over time.

It took about one and a half months to deploy Business Central, including a month for preparation and migration. We worked with consultants to integrate Navision and customize layouts. Maintenance is managed centrally with about three to four hours of consultant involvement per month for any issues.

What's my experience with pricing, setup cost, and licensing?

I would rate the pricing of Business Central as a six or seven out of ten in terms of costliness. We have yearly licensing costs, and the biggest additional expense is for external consultants.

What other advice do I have?

Business Central has simplified our financial reporting by integrating with our business intelligence tools like Borg and Power BI. With everything connected, we can automatically upload data, view balance sheets, and P&L statements, and drill down into details to understand our results better. It is all seamless and makes it easy to analyze and track our financial performance.

The customer relationship function in Business Central has had the biggest impact on our efficiency. We monitor accounts receivable, analyze them, and improve cash flow by identifying clients who haven't paid. Sales managers then follow up with them, helping us plan our cash flow better. 

The inventory management feature in Business Central helps us optimize stock levels by analyzing goods by lot and their expiration dates. We prioritize selling items with upcoming expiration dates to avoid losses. This helps us manage our stock effectively and minimize expenses.

Business Central supports our decision-making process with its data analytics and reporting tools by allowing us to analyze stock levels, allocate goods to key clients, and determine appropriate discounts. 

My main recommendation for new users is to involve a legal consultant and ensure proper planning from the start when implementing Business Central. This can help avoid potential issues and save time in the long run.

Overall, I would rate Business Central as a nine out of ten.

Which deployment model are you using for this solution?

Public Cloud

If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?

Microsoft Azure
Disclosure: I am a real user, and this review is based on my own experience and opinions.
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Hüseyin Rıdvanlar - PeerSpot reviewer
IT Project Manager at LTS
Reseller
Top 10
A stable and scalable solution with good user authentication and policies
Pros and Cons
  • "I am impressed with the tool's user authentication, compatibility , and policies."
  • "The tool needs to work on reporting issues and user interface."

What is most valuable?

I am impressed with the tool's user authentication, compatibility , and policies. 

What needs improvement?

The tool needs to work on reporting issues and user interface. 

For how long have I used the solution?

I am using the solution for two years. 

What do I think about the stability of the solution?

The product is stable. 

What do I think about the scalability of the solution?

The solution is scalable. We have two customers for the solution. 

How was the initial setup?

The tool's setup is straightforward. The solution's deployment took about two weeks to complete. 

What about the implementation team?

We did the tool's deployment in-house. 

What's my experience with pricing, setup cost, and licensing?

We have an agreement with Microsoft and pricing is okay for us.

What other advice do I have?

I would rate the solution a seven out of ten. 

Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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Buyer's Guide
Microsoft Dynamics 365 Business Central
April 2024
Learn what your peers think about Microsoft Dynamics 365 Business Central. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
769,065 professionals have used our research since 2012.
Systems Engeriner/Owner at a tech services company with 51-200 employees
Real User
Top 10
Simple installation but too many updates
Pros and Cons
  • "The most valuable feature of Microsoft Dynamics 365 Business Central is the Teams application. I use Teams to share documents amongst my team members, have meetings, and talk to them."
  • "Microsoft Dynamics 365 Business Central has been buggy in my experience and they should improve in this area. Additionally, there are too many updates. The updates involve a whole bunch of applications as part of the package, such as the Edge browser. The updates are too broad across the whole package of applications."

What is most valuable?

The most valuable feature of Microsoft Dynamics 365 Business Central is the Teams application. I use Teams to share documents amongst my team members, have meetings, and talk to them.

What needs improvement?

Microsoft Dynamics 365 Business Central has been buggy in my experience and they should improve in this area. Additionally, there are too many updates. The updates involve a whole bunch of applications as part of the package, such as the Edge browser. The updates are too broad across the whole package of applications.

For how long have I used the solution?

I have been using Microsoft Dynamics 365 Business Central for approximately one year.

What do I think about the stability of the solution?

I rate Microsoft Dynamics 365 Business Central a seven out of ten.

What do I think about the scalability of the solution?

I rate the scalability of Microsoft Dynamics 365 Business Central a five out of ten.

How are customer service and support?

The technical support is very poor.

I rate the support of Microsoft Dynamics 365 Business Central a five out of ten.

How would you rate customer service and support?

Neutral

How was the initial setup?

The installation of Microsoft Dynamics 365 Business Central is simple. You can set up Teams and the other applications in the package and tailor them to your own needs.

What was our ROI?

I have not received a return on investment using  Microsoft Dynamics 365 Business Central.

What's my experience with pricing, setup cost, and licensing?

The solution is on the cloud and they provide 50 gigabytes of free space on their
Microsoft Drive. The reason for this is that Microsoft is requiring you to upgrade all of your systems to Microsoft Dynamics 365 Business Central in order to effectively use the cloud. This means that if you are currently using a different version of Microsoft for a specific purpose that does not require this solution, it can be frustrating to have to spend money to upgrade to this solution just for the purpose of syncing with the cloud. Additionally, even if you do purchase Microsoft Dynamics 365 Business Central, there can still be issues with syncing between the on-premise and cloud clients. This can be especially frustrating as the cloud storage is not free and can be difficult to access even after purchasing.

I rate the price of Microsoft Dynamics 365 Business Central a six out of ten.

What other advice do I have?

I was thinking about getting rid of Microsoft Dynamics 365 Business Central and going to another platform. It's too difficult to maintain.

In order to effectively use the cloud, you may need to upgrade all of the platforms in your business to Microsoft Dynamics 365 Business Central. Even if some of your current platforms are working well without Microsoft Dynamics 365 Business Central, you may still be required to spend extra money on upgrading them to this solution. It is difficult to synchronize on-premise and cloud versions of this solution.

I rate Microsoft Dynamics 365 Business Central a seven out of ten.

Which deployment model are you using for this solution?

Public Cloud
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Danie Joubert - PeerSpot reviewer
Managing Director at ProQuanta
Real User
Top 5Leaderboard
Enables communication and collaboration and covers the business requirements of most companies
Pros and Cons
  • "The tool covers most of the business requirements that most companies have, especially financial institutions."
  • "The solution must provide more AI features."

What is our primary use case?

We implemented the solution for an insurance company. It was a full-stack implementation for new business units. The solution is used for communication and collaboration.

What is most valuable?

The tool covers most of the business requirements that most companies have, especially financial institutions.

What needs improvement?

The solution must provide more AI features. It will help in the collaboration of content generation and summarization of content.

For how long have I used the solution?

I have been using the solution for a few years.

What do I think about the stability of the solution?

The product is quite stable. I rate the stability a nine out of ten. The stability of the communication platform is not always good.

What do I think about the scalability of the solution?

The scalability is quite good. I didn’t have any issues with the scalability. We have a single customer with a user base of 5000. We have three people looking after the ongoing maintenance.

How are customer service and support?

The support is good. It is better than the support I receive for other Microsoft products.

How was the initial setup?

The setup is straightforward. It took us two and a half weeks to deploy the tool. The solution is deployed on the cloud. We have three engineers to deploy the product.

What's my experience with pricing, setup cost, and licensing?

The solution is a little bit expensive. We pay a yearly licensing fee.

What other advice do I have?

I recommend the solution to others. People who want to invest in the solution must look carefully at the business case they're trying to solve. They must ensure that they satisfy their requirements with a good price point. Overall, I rate the solution a nine out of ten.

Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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LamViet Tan - PeerSpot reviewer
IT Supervisor at TPC VINA Plastic and Chemical Corp., Ltd.
Real User
Top 20
Good sales tracker but the reporting needs improvement
Pros and Cons
  • "The selling feature is the most valuable."
  • "The reporting tool has room for improvement."

What is our primary use case?

We use the solution for our inventory management.

How has it helped my organization?

The solution has helped streamline our orders so we can receive the order, and track the delivery in one solution.

What is most valuable?

The selling feature is the most valuable.

What needs improvement?

The reporting tool has room for improvement.

I would like to have automatic information input to avoid manual entries in a future release.

For how long have I used the solution?

I am currently using the solution.

What do I think about the stability of the solution?

I give the stability a six out of ten. We had a bug that required a third party to fix the issue.

What do I think about the scalability of the solution?

I give the scalability a five out of ten with our current version which does not support further scaling.

We have 50 people using the solution in our organization.

How are customer service and support?

Technical support sometimes takes longer to resolve the issue.

How would you rate customer service and support?

Neutral

How was the initial setup?

I give the initial setup a seven out of ten. We had some difficulty when setting up the solution. The deployment took one year to complete.

What about the implementation team?

The implementation was completed by a third party.

What's my experience with pricing, setup cost, and licensing?

I give the solution a seven out of ten for pricing. Microsoft Dynamics 365 Business Central is cheaper than some others. In addition to the license, we pay for third-party support.

What other advice do I have?

I give the solution a seven out of ten. The solution does not meet all our requirements and does not support advanced features.

Which deployment model are you using for this solution?

On-premises
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
ShafeeqRahman - PeerSpot reviewer
IT Administrator at Soybean Crushing Company & Derivatives (SOYA)
Real User
Top 10
We can see that Microsoft Teams is giving us more services and we were able to conduct meetings on it during the pandemic
Pros and Cons
  • "We are getting more features after switching to Microsoft 365."
  • "There is some network issue."

What is our primary use case?

We are using almost all the facilities which Microsoft 365 offers, like SharePoint, OneDrive, Teams, and normal email.

How has it helped my organization?

The tool runs all the areas of our organization. We were using a normal standalone before that, but it is better now. We can see that Microsoft Teams is giving us more services. We were able to conduct meetings on it during the pandemic. Working from home turned out to be good for us.

What needs improvement?

Right now, we don’t have any issues. We had some network issues happening before. Sometimes we face problems with security.

I think they should make it more secure with signature security, zero-trust, or something else. It will be even better for us as we get some phishing mail from a phishing server.

For how long have I used the solution?

We have been using Microsoft 365 for around a year.

What do I think about the stability of the solution?

We are in a remote area where there is some network issue. The remaining aspects are all good. So from the office side, we can give it a ten out of ten.

What do I think about the scalability of the solution?

Around 300 people in our organization use Microsoft 365.

How are customer service and support?

We didn't face any issues from that side. We are still in contact with a local vendor. When the issue comes, we get instant support from them.

Which solution did I use previously and why did I switch?

We were using a standalone. We are getting more features after switching to Microsoft 365.

How was the initial setup?

It's simple. We were using a standalone. We switched it with the login and didn't have a hard time with that one.

What about the implementation team?

We have one consultant, but right now the contract is going to finish.

What other advice do I have?

We do recommend the product. If the network issue gets to a normal level, we can rate it around an eight out of ten.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Manager Pre Sales and BD- Microsoft Products at TMR Consulting Private Limited
Real User
Top 20
Reasonably priced, user-friendly, and offers good support
Pros and Cons
  • "The initial setup is easy."
  • "I work in Pakistan, and many people want desktop solutions. They don't want to work on the cloud. They want a strictly on-premises solution."

What is most valuable?

We really like the applications, including SharePoint, Teams, and the M365 Suite. 

It is very user-friendly.

The initial setup is easy.

The pricing isn't overly expensive.

It is stable.

Technical support from local partners has been good. 

What needs improvement?

I work in Pakistan, and many people want desktop solutions. They don't want to work on the cloud. They want a strictly on-premises solution. 

The pricing could always be better.

For how long have I used the solution?

I've been using the solution for four to five years. 

What do I think about the stability of the solution?

The stability is good in the Pakistani market. I'd rate it nine out of ten. There aren't bugs or glitches. It's reliable. It doesn't crash or freeze. 

How are customer service and support?

Technical support is fine. they are helpful and responsive, and we are satisfied with the level of support we receive. We get help from local partners, and they've been very good. 

How would you rate customer service and support?

Positive

How was the initial setup?

The product has been easy to set up. It's not complex at all. I'd rate the process eight out of ten in terms of ease of deployment. 

The time to deploy depends on the industry that they're deploying. It's typically quite simpler. 

What about the implementation team?

We handled the initial setup in-house. We have an IT team and a project manager that can handle setup tasks. 

What's my experience with pricing, setup cost, and licensing?

The licensing is reasonable. They also provide data management and recovery via backups. I'd rate the affordability seven out of ten based on the costs in the Pakistani market. Local partners will charge for implementation, which could be an extra cost for a company.

Which other solutions did I evaluate?

We did evaluate SAP as well and decided on this solution. 

What other advice do I have?

We are Microsoft partners. 

I'd advise potential new users to make a comparison and look at the features they require. If this product can integrate with their modern workplace, then they should go for it. 

I'd rate the product nine out of ten. 

Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
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Senior Customer Success Manager at Precio Fishbone Vietnam
Reseller
Top 10
Lets us centralize all our information on the same platform
Pros and Cons
  • "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."
  • "I think Microsoft should improve on the process of how the user decides on a business workflow. For example, there may be some kind of drag-and-drop interface that lets us decide for ourselves how to develop the business workflows that fit our purpose."

What is our primary use case?

In our market, we use most of the modules in Microsoft Dynamics NAV for manufacturing consulting and implementation, which is our main customer demand right now. However, we also use other ERPs such as SAP, Odoo (open source software) and we also have some experience with Oracle NetSuite. Additionally, we do many integrations with SAP, but we're not using SAP much currently.

How has it helped my organization?

One of the ways in which Microsoft Dynamics NAV has helped our company is that it allows us to centralize our information on the same platform.

What is most valuable?

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.

What needs improvement?

I think Microsoft should improve on the process of how the user decides on a business workflow. For example, there may be some kind of drag-and-drop interface that lets us decide for ourselves how to develop the business workflows that fit our purpose.

But it's not just about the interface. We often deal with multilevel workflows, depending on the department or the person in charge, and there isn't enough flexibility in the way we need to make certain adjustments. Our workaround has been to perform some custom development alongside Dynamics NAV to enable us to refine the workflows.

Partly because of the pricing structure of Dynamics NAV, we have a plan to migrate to Dynamics 365 Business Central, essentially moving it into the cloud version. If we compare Dynamics 365 Business Central to other competitors like SAP or NetSuite, the price is not too high and not too low. However, for our own brand I think Dynamics NAV is good enough for us right now.

For how long have I used the solution?

I have been using Microsoft Dynamics NAV for more than four years.

What do I think about the stability of the solution?

I think it's stable.

What do I think about the scalability of the solution?

It's scalable in some ways, but in other ways not so much. Which is okay, because at the moment lots of people simply want a standard low-cost platform.

How are customer service and support?

We use the support from another vendor, not directly from the Microsoft team.

What's my experience with pricing, setup cost, and licensing?

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.

What other advice do I have?

We are both partners and clients of Microsoft and to others looking into Dynamics NAV, I will advise that if you're looking for a central platform to work on, you should view Microsoft 365, Office 365, etc., and other Microsoft products together and innovate. Integrate and collect all the information between your systems.

For us, the day may be coming to move to Dynamics 365 Business Central, and if you want to centralize all your data in one platform going forward, that's what I would recommend as well.

I would rate Microsoft Dynamics NAV an eight out of ten.

Which deployment model are you using for this solution?

Private Cloud
Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
PeerSpot user
Buyer's Guide
Download our free Microsoft Dynamics 365 Business Central Report and get advice and tips from experienced pros sharing their opinions.
Updated: April 2024
Buyer's Guide
Download our free Microsoft Dynamics 365 Business Central Report and get advice and tips from experienced pros sharing their opinions.