The landscape of ERP related solutions can be difficult for some organizations to filter through and settle on. However, understanding a few different components of some solutions is always a good start. For instance, Microsoft Dynamics GP 2016 and FinancialForce provide similar features, but taking a closer look reveals some vital differences.
Aside from the fact that FinancialForce usually comes with higher price tag for SMBs than that of Microsoft Dynamics GP, FinancialForce simply does not delivery the amount of features that Dynamics GP offers. Some of the many additional features provided by Dynamics GP are instrumental when it comes to assisting business with options that can optimize specific inventory protocols.
One of the main features companies look to other solutions like Microsoft Dynamics GP is because FinancialForce Accounting doesn’t offer a purchase orders module which can be a problem for some users. Inventory management and reporting is a key element for many businesses, and more often than not, FinancialForce users are having to create some of their reporting applications from scratch. SMBs simply do not have time or capital to maintain operational momentum while also building particular applications from the ground up. Poor inventory management is one of the main reasons SMBs fail in their first year.
It is no secret that start-ups and medium-sized businesses will ebb and flow through the course of a fiscal year. Within this timeframe changes inevitably happen that can affect current processes. This can be a real adaptability burden for some organizations when it comes to dealing with an ERP solution like FinancialForce that only uses one CRM product, Salesforce. Microsoft Dynamics GP is known for it’s ease of ERP integration with various CRM’s and it’s efficient scalability options when demands require such changes.
Microsoft also boasts the #1 cloud Microsoft Azure. Sure, FinancialForce could utilize the Microsoft Azure cloud, but only Microsoft Dynamics is going to integrate seamlessly and be able to be deployed in an agile format utilizing the Microsoft Stack because well…….Microsoft Dynamics GP is a Microsoft product, FinancialForce is not.
Lastly, let’s talk numbers. Microsoft Dynamics has over 350,000 companies running on their ERP worldwide. FinancialForce does not promote how many companies are running on it but best guess is in the single of thousands. It’s trying to enter the market but hey that’s what happens when a product like Great Plains (now Microsoft Dynamics GP) has been around since 1993. It has a mature customer base where you will be able to find not only lots of partners around the world able to help you implement the product (like TMC) but you will also be able to find employees that you can hire that are familiar with the product. FinancialForce has only been around since 2009, and really isn’t even considered a major competitor in the ERP space yet.
So to review this is why you should go Dynamics GP over FinancialForce:
- More features
- No Purchase Order module
- Inventory Management
- Ability to integrate to multiple CRM systems
- Backed by the #1 cloud: Microsoft Azure
- 350,000 companies running on Microsoft Dynamics
- More partners to help your company implement the software
- More employees familiar with the software that you can hire
Learn about more of the additional features delivered by Dynamics GP.