Lucanet vs. Microsoft Dynamics 365 Business Central

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Lucanet
Score 7.8 out of 10
N/A
Lucanet is a CFO Solution Platform for finance leaders. By uniting, standardized, compliance-ready insights in one SaaS platform, Lucanet’s solution aims to enable CFOs to lead with ease. Lucanet provides users transparent data and intelligent workflows to manage their strategic and reporting needs.N/A
Microsoft Dynamics 365 Business Central
Score 7.9 out of 10
N/A
Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.
$8
per month per user
Pricing
LucanetMicrosoft Dynamics 365 Business Central
Editions & Modules
No answers on this topic
Dynamics 365 Business Central Team Members
$8
per month per user
Dynamics 365 Business Central Essentials
$70
per month per user
Dynamics 365 Business Central Premium
$100
per month per user
Offerings
Pricing Offerings
LucanetMicrosoft Dynamics 365 Business Central
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
LucanetMicrosoft Dynamics 365 Business Central
Features
LucanetMicrosoft Dynamics 365 Business Central
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Lucanet
9.0
1 Ratings
11% above category average
Microsoft Dynamics 365 Business Central
-
Ratings
Drill-down analysis9.01 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Lucanet
7.5
1 Ratings
9% below category average
Microsoft Dynamics 365 Business Central
-
Ratings
Long-term financial planning7.01 Ratings00 Ratings
Financial budgeting8.01 Ratings00 Ratings
Forecasting6.01 Ratings00 Ratings
Management reporting9.01 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Lucanet
8.2
1 Ratings
4% above category average
Microsoft Dynamics 365 Business Central
-
Ratings
Financial data consolidation8.01 Ratings00 Ratings
Journal entries and reports8.01 Ratings00 Ratings
Multi-currency management9.01 Ratings00 Ratings
Intercompany Eliminations8.01 Ratings00 Ratings
Local and consolidated reporting8.01 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Lucanet
8.7
1 Ratings
9% above category average
Microsoft Dynamics 365 Business Central
-
Ratings
Financial Statement Reporting9.01 Ratings00 Ratings
Management Reporting8.01 Ratings00 Ratings
Excel-based Reporting9.01 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Lucanet
6.7
1 Ratings
18% below category average
Microsoft Dynamics 365 Business Central
-
Ratings
Personalized dashboards7.01 Ratings00 Ratings
KPIs6.01 Ratings00 Ratings
Cost and profitability analysis7.01 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Lucanet
9.0
1 Ratings
9% above category average
Microsoft Dynamics 365 Business Central
-
Ratings
Flat file integration9.01 Ratings00 Ratings
Excel data integration9.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
6.5
10 Ratings
12% below category average
Pay calculation00 Ratings6.410 Ratings
Benefit plan administration00 Ratings5.68 Ratings
Direct deposit files00 Ratings6.49 Ratings
Customization
Comparison of Customization features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.4
23 Ratings
2% below category average
API for custom integration00 Ratings7.322 Ratings
Plug-ins00 Ratings7.520 Ratings
Security
Comparison of Security features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.8
27 Ratings
5% above category average
Single sign-on capability00 Ratings8.623 Ratings
Role-based user permissions00 Ratings9.026 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.3
28 Ratings
1% below category average
Dashboards00 Ratings7.124 Ratings
Standard reports00 Ratings7.528 Ratings
Custom reports00 Ratings7.427 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.3
28 Ratings
8% above category average
Accounts payable00 Ratings8.627 Ratings
Accounts receivable00 Ratings8.326 Ratings
Global Financial Support00 Ratings7.415 Ratings
Primary and Secondary Ledgers00 Ratings7.914 Ratings
Journals and Reconciliations00 Ratings8.117 Ratings
Configurable Accounting00 Ratings7.517 Ratings
Standardized Processes00 Ratings8.218 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.4
24 Ratings
5% above category average
Inventory tracking00 Ratings8.124 Ratings
Automatic reordering00 Ratings7.616 Ratings
Location management00 Ratings7.820 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.6
26 Ratings
4% below category average
Pricing00 Ratings7.823 Ratings
Order entry00 Ratings8.223 Ratings
Credit card processing00 Ratings6.115 Ratings
Cost of goods sold00 Ratings8.321 Ratings
Order Orchestration00 Ratings8.212 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.0
18 Ratings
7% above category average
Billing Management00 Ratings7.916 Ratings
Cash and Asset Management00 Ratings8.117 Ratings
Travel & Expense Management00 Ratings7.012 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings7.814 Ratings
Period Close00 Ratings7.717 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.7
8 Ratings
14% above category average
Budgeting and Forecasting00 Ratings10.08 Ratings
Project Costing00 Ratings10.07 Ratings
Cost Capture00 Ratings10.08 Ratings
Capital Project Management00 Ratings8.05 Ratings
Customer Contract Compliance00 Ratings10.06 Ratings
Project Revenue Recognition00 Ratings8.04 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.4
10 Ratings
6% above category average
Project Planning and Scheduling00 Ratings6.89 Ratings
Task Insight for Project Managers00 Ratings6.49 Ratings
Project Mobile Functionality00 Ratings6.38 Ratings
Definable Resource Pools00 Ratings6.39 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.9
7 Ratings
19% above category average
Award Lifecycle Management00 Ratings6.77 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.7
14 Ratings
10% above category average
Bids Analyzed and Compared00 Ratings6.38 Ratings
Contract Authoring00 Ratings6.18 Ratings
Contract Repository00 Ratings6.58 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings7.612 Ratings
Supplier Management00 Ratings7.011 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.1
10 Ratings
20% above category average
Risk Repository00 Ratings6.69 Ratings
Control Management00 Ratings6.69 Ratings
Control Efficiency Assessments00 Ratings6.79 Ratings
Issue Detection00 Ratings6.99 Ratings
Remediation and Certification00 Ratings7.17 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.2
8 Ratings
5% above category average
Transportation Planning and Optimization00 Ratings6.16 Ratings
Transportation Execution Management00 Ratings6.16 Ratings
Trade and Customs Management00 Ratings6.76 Ratings
Fulfillment Management00 Ratings6.68 Ratings
Warehouse Workforce Management00 Ratings7.76 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.4
8 Ratings
0% below category average
Production Process Design00 Ratings7.76 Ratings
Production Management00 Ratings7.47 Ratings
Configuration Management00 Ratings6.16 Ratings
Work Execution00 Ratings7.76 Ratings
Manufacturing Costs00 Ratings7.38 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
7.2
10 Ratings
1% below category average
Forecasting00 Ratings6.110 Ratings
Inventory Planning00 Ratings7.110 Ratings
Performance Monitoring00 Ratings6.510 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Lucanet
-
Ratings
Microsoft Dynamics 365 Business Central
8.7
7 Ratings
18% above category average
Proposal Management00 Ratings6.76 Ratings
Product Master Data Management00 Ratings7.36 Ratings
Best Alternatives
LucanetMicrosoft Dynamics 365 Business Central
Small Businesses

No answers on this topic

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Score 9.3 out of 10
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Score 9.5 out of 10
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Score 8.4 out of 10
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Score 8.9 out of 10
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User Ratings
LucanetMicrosoft Dynamics 365 Business Central
Likelihood to Recommend
8.0
(1 ratings)
8.1
(29 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
8.5
(9 ratings)
Availability
-
(0 ratings)
8.0
(1 ratings)
Support Rating
-
(0 ratings)
10.0
(2 ratings)
User Testimonials
LucanetMicrosoft Dynamics 365 Business Central
Likelihood to Recommend
Lucanet
Lucanet is an easy to understand consolidation tool that displays the company's PnL, balance sheets, and cash flow statement in a clear way. The software is intuitive and easy to understand. User access functionalities are good. Dashboarding, reporting, and variance analysis are limited which is a disadvantage compared to other applications who do offer more all-in-one solutions.
Read full review
Microsoft
Microsoft Dynamics 365 Business Central is well suited for inventory management in all aspects. Its accessibility, along with my other apps, when out of the office is unparalleled. I find it easy to work with on a desktop or laptop; however, it could use some work on a mobile device.
Read full review
Pros
Lucanet
  • Very intuitive interface to slice and dice the data to have a monthly, quarterly, or yearly view
  • Easy to add additional journal entries
  • Present legal consolidation structure in an intuitive way
Read full review
Microsoft
  • Automate the creation of bills of materials for production. We can now generate a BoM from a sales order.
  • Organization of all data pertaining to thousands of parts, assemblies, and finished goods. Engineering and purchasing have a common portal.
  • We can create sales orders from quotations instead of re-entering them (this did require some bolt-on software). Less redundant work with fewer entry errors.
  • Accounting can provide reports based on specific criteria stored in NAV. We can pull better and more detailed intelligence.
Read full review
Cons
Lucanet
  • Limited dimensions to drill-down to a lower level of detail
  • Limited reporting functionality
  • We used it mainly for consolidation of actuals. As far as I know, limited functionality for variance analysis
Read full review
Microsoft
  • Some functions could be a bit more user friendly, intuitive.
  • Better migration from previous ERP software (especially other Microsoft products). "Growing pains" associated with change?! Maybe.
  • A few redundancies and procedural missteps on menus and tabs can make the portal a bit crowded.
Read full review
Likelihood to Renew
Lucanet
No answers on this topic
Microsoft
We've already decided to continue using this software. It is too expensive for us to upgrade so we made a workaround by using the virtual computer with Windows XP installed on it. We did research replacing this software, but it was a better financial decision to keep what we had instead
Read full review
Usability
Lucanet
No answers on this topic
Microsoft
Best in terms of reporting or coming up with a great dashboard. Seamlessly collaborated with teams without depending on particular device as its web version is the buddy for people with work flexibility. Licensing price and integrations can be the areas of improvement and can simplify the interface which will be easy for a new user.
Read full review
Support Rating
Lucanet
No answers on this topic
Microsoft
It provides one to efficiently be able to manage bookkeeping and inventory without much challenges. One can easily navigate through workflow processes while managing usages and budgets. Being able to produce reports in Word, Excel or PDF means one is able to have a working document to produce trends and graphs or produce pivot tables.
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Alternatives Considered
Lucanet
Read full review
Microsoft
I have personally supported all of the Dynamic family of ERP systems and made the decision to concentrate on NAV as the solution of choice. From a support and development standpoint there are few if any packages that can compare. It is not uncommon for most of the companies that I support to only call me once or twice a month after the first year. This is due to the ease of tracking down problems and errors and the ability for a developer to provide the end-user with routines that automatically correct the most basic kind of error
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Return on Investment
Lucanet
  • Provides single source of truth regarding financial data
  • Affordable solution
Read full review
Microsoft
  • Automation processing, including EDI functionality, has increased employee efficiency and prevented the need for adding additional employees.
  • Implementation of the warehouse functionality, including cycle counts, has resulted in better inventory control/less shrinkage.
  • Implementation of e-Ship and e-Receive, has resulted in greater efficiency and order accuracy.
Read full review
ScreenShots

Lucanet Screenshots

Screenshot of Lucanet's financial consolidation software, which provides a fully automated process through all consolidation steps and group structures, regardless of complexity.Screenshot of Lucanet's financial reporting software, designed to deliver timely and accurate information to the appropriate stakeholders for decision-making processes.Screenshot of Lucanet's ESG reporting feature, used to collect data, analyze information, and produce fully compliant reports at the touch of a button.Screenshot of Lucanet's disclosure mangaement interface, used to prepare financial or non-financial information, such as annual reports.Screenshot of the IC reconciliation tool, which enables decentralized reconciliation prior to consolidation and saves those involved at the parent company level from having to tediously search for discrepancies during consolidation.