Enterprise resource planning (ERP) is the integrated management of core business processes. It is often a software operating in real-time and resonates with the quality of software and programming used to make it. ERP provides a complete and frequently updated view of core business processes with the help of databases. Enterprise resource planning systems also track business resources and the status of prior commitments made by the company to clients.

Top IT companies in Qatar offering ERP systems implementation vouch for two ERP software suites used widely – Dynamic NAV and Dynamic 365 suites. Both of these suites are high performance ERP tools and provide a wide range of functionalities to their clients in order to make their business management more effective and easier.

Here are the main things you need to know before deciding between the Dynamic NAV ERP software suite and the Dynamic 365 ERP software suite.

Microsoft Dynamics NAV

Microsoft Dynamics NAV is an enterprise resource planning (ERP) software package for medium level income organizations. The system offers specialized functionality for industries such as manufacturing, distribution, government, and retail, among others.

Microsoft Dynamics NAV offers an easier way for companies to take care of financial management, human resources management, while also helping the company in manufacturing, project management, sales and marketing. It also helps in service management, supply chain management and gain valuable business insights.

Microsoft Dynamics NAV works on the Windows operating system and Microsoft SQL Server. Dynamics NAV is developed in the .NET framework, which is also a core Microsoft software. Hence, Dynamics NAV is an integrated stack from infrastructure to application. The Dynamics NAV ERP suite works on Windows 7, Windows Vista, Windows XP, Windows 2000, Windows 8 and Windows 10.

Microsoft Dynamics 365

The Microsoft Dynamics 365 suite is an enterprise resource planning (ERP) and customer relationship management (CRM) systems suite from Microsoft. The Dynamics 365 ERP comes in two editions, the Business Edition for small and medium income businesses, and the Enterprise Edition for medium to large companies. Both editions have functions best suited for their respective target audiences. Dynamics 3565 is cloud-based and needs a monthly subscription fee to be used.

Differences

IT professionals would agree that NAV and 365 suites have some tangible differences. NAV can be hosted on-premises or on the cloud while Dynamics 365 is hosted on Microsoft Azure servers. The user does not have to worry about storage space because of cloud storage. Also, NAV, software is purchased which means each user needs to buy a new subscription. This is the reason why there is little flexibility as compared to Dynamics 365.

Another difference between the two ERP suites is that NAV is highly customizable. This is one of the reasons why users love dynamics NAV. This is because the users have access to the source code and can directly make changes to the source code as needed. In Dynamics 365, this is not possible. For adding new functions to the 365 suite, user needs to add applications from AppSource.

Hence, in this way, Dynamics NAV and 365 are both great ERP suites, but there are some differences that make them suited for different audiences.