Business Management System is a single tool that automates business processes such as CRM, Enterprise Resource Planning (ERP), project management, accounting, and HR. It is designed to increase efficiency by executing an effective business workflow. To help you decide, we provide a comparison of the features from two key providers, Microsoft and Oracle.
Microsoft Business Management System
Microsoft’s Business Management System is known as Dynamics 365 Business Central. It is a cloud-based solution that connects sales, finance, service, and operations teams to improve customer interactions and deliver better results. It consists of four tools:
Financial Management provides a real-time view of a business’ financial performance as well as supporting forecasting and accelerate financial closing.
Sales & Service management easily converts collected data into actionable insights improving sales engagement online as well as customer relationships.
Project Management allows your team to successfully execute projects on time and within budget.
Supply Chain Management provides an overview around purchasing, manufacturing, inventory, and warehousing making it easy to adapt to the changing business environment.
Oracle Business Management System
NetSuite is Oracle’s Business Management System. It consists of seven tools:
Financial Management Module helps you handle multiple bookkeeping tasks. It simplifies the creation of financial reports and speeds up complex financial activities.
CRM Module aligns all aspects of customer relationships, including marketing automation, interaction history, customer service, and more. It tracks sales and partner performance, as well as providing quotes, managing orders, forecasting sales, and integrating with e-commerce platforms.
Inventory and Order Management Modules handle demand-based inventory replenishment, multi-location inventory management, matrix item, lot and bin management, and serialized inventory as well as automating the order promising, allocation, orchestration, and execution processes.
Commerce Modules provide a mobile-optimized e-commerce site that is seamlessly unified with the other modules in the NetSuite system.
Supply Chain Modules support procurement, warehouse management, demand planning, quality management, and manufacturing.
Professional Services Modules support project management, job costing, and resource allocation.
HR Module support payroll, employee records, performance management, and compensation.
Conclusion
Both systems are designed to allow modules to be added however you decide to start. Based on the business needs for the wholesale trade, Zooloo has adopted the Microsoft Business Management System to be part of its DSM Suite 2.0 end-to-end solution.
In the next blog post, we will look into the pros and cons of the two solutions. Contact us at sales@zooloo.asia and take your first step towards the digital transformation of your business.
- Next blog on Business Management Systems - Microsoft vs Oracle - Part 2
- Read about CRM Comparison
- Read about The Digital Transformation Journey
- Learn more about our “Digital Backbones”
- Learn more from our eBook series on Digital Transformation for Wholesale Trade
Tags: #CRM #MicrosoftDynamics #Dynamics365CRM #digitaltransformation #B2B #digitaladoption #digitalintegration #digitalsolutions #wholesaletradesector #wholesaletrade
