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
Microsoft Excel
Score 8.9 out of 10
N/A
Microsoft Excel is a spreadsheet application available as part of Microsoft 365 (Office 365), or standalone, in cloud-based and on-premise editions.
$6.99
per month
Pricing
Microsoft Dynamics 365 Business Central
Microsoft Excel
Editions & Modules
Dynamics 365 Business Central Team Members
$8
per month (billed annually) per user
Dynamics 365 Business Central Essentials
$70
per month (billed annually) per user
Dynamics 365 Business Central Premium
$100
per month (billed annually) per user
Excel with Microsoft 365
$6.99
per month
Excel for 1 PC or Mac
$139.99
perpetual license
Offerings
Pricing Offerings
Microsoft Dynamics 365 Business Central
Microsoft Excel
Free Trial
Yes
Yes
Free/Freemium Version
Yes
Yes
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
—
—
More Pricing Information
Community Pulse
Microsoft Dynamics 365 Business Central
Microsoft Excel
Features
Microsoft Dynamics 365 Business Central
Microsoft Excel
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.0
10 Ratings
5% below category average
Microsoft Excel
-
Ratings
Pay calculation
7.310 Ratings
00 Ratings
Benefit plan administration
6.48 Ratings
00 Ratings
Direct deposit files
7.39 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.8
24 Ratings
5% above category average
Microsoft Excel
-
Ratings
API for custom integration
7.723 Ratings
00 Ratings
Plug-ins
7.821 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.9
28 Ratings
6% above category average
Microsoft Excel
-
Ratings
Single sign-on capability
8.924 Ratings
00 Ratings
Role-based user permissions
8.827 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.8
29 Ratings
6% above category average
Microsoft Excel
-
Ratings
Dashboards
7.625 Ratings
00 Ratings
Standard reports
7.829 Ratings
00 Ratings
Custom reports
8.028 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.4
29 Ratings
9% above category average
Microsoft Excel
-
Ratings
Accounts payable
8.928 Ratings
00 Ratings
Accounts receivable
8.727 Ratings
00 Ratings
Global Financial Support
7.816 Ratings
00 Ratings
Primary and Secondary Ledgers
8.415 Ratings
00 Ratings
Journals and Reconciliations
8.418 Ratings
00 Ratings
Configurable Accounting
7.818 Ratings
00 Ratings
Standardized Processes
8.819 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
25 Ratings
9% above category average
Microsoft Excel
-
Ratings
Inventory tracking
8.525 Ratings
00 Ratings
Automatic reordering
8.017 Ratings
00 Ratings
Location management
8.421 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.1
27 Ratings
3% above category average
Microsoft Excel
-
Ratings
Pricing
8.524 Ratings
00 Ratings
Order entry
8.824 Ratings
00 Ratings
Credit card processing
7.016 Ratings
00 Ratings
Cost of goods sold
9.121 Ratings
00 Ratings
Order Orchestration
8.612 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.2
19 Ratings
9% above category average
Microsoft Excel
-
Ratings
Billing Management
8.217 Ratings
00 Ratings
Cash and Asset Management
8.418 Ratings
00 Ratings
Travel & Expense Management
7.313 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
8.215 Ratings
00 Ratings
Period Close
8.218 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
8 Ratings
14% above category average
Microsoft Excel
-
Ratings
Budgeting and Forecasting
10.08 Ratings
00 Ratings
Project Costing
10.07 Ratings
00 Ratings
Cost Capture
10.08 Ratings
00 Ratings
Capital Project Management
8.05 Ratings
00 Ratings
Customer Contract Compliance
10.06 Ratings
00 Ratings
Project Revenue Recognition
8.04 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.5
11 Ratings
7% above category average
Microsoft Excel
-
Ratings
Project Planning and Scheduling
7.410 Ratings
00 Ratings
Task Insight for Project Managers
7.010 Ratings
00 Ratings
Project Mobile Functionality
7.09 Ratings
00 Ratings
Definable Resource Pools
6.810 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.9
8 Ratings
18% above category average
Microsoft Excel
-
Ratings
Award Lifecycle Management
6.78 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.8
15 Ratings
11% above category average
Microsoft Excel
-
Ratings
Bids Analyzed and Compared
7.09 Ratings
00 Ratings
Contract Authoring
6.89 Ratings
00 Ratings
Contract Repository
7.29 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
8.013 Ratings
00 Ratings
Supplier Management
7.212 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.3
11 Ratings
23% above category average
Microsoft Excel
-
Ratings
Risk Repository
6.910 Ratings
00 Ratings
Control Management
7.010 Ratings
00 Ratings
Control Efficiency Assessments
6.910 Ratings
00 Ratings
Issue Detection
7.310 Ratings
00 Ratings
Remediation and Certification
7.78 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.6
9 Ratings
10% above category average
Microsoft Excel
-
Ratings
Transportation Planning and Optimization
7.07 Ratings
00 Ratings
Transportation Execution Management
7.07 Ratings
00 Ratings
Trade and Customs Management
7.67 Ratings
00 Ratings
Fulfillment Management
7.49 Ratings
00 Ratings
Warehouse Workforce Management
8.97 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.0
9 Ratings
8% above category average
Microsoft Excel
-
Ratings
Production Process Design
8.97 Ratings
00 Ratings
Production Management
8.68 Ratings
00 Ratings
Configuration Management
7.07 Ratings
00 Ratings
Work Execution
8.97 Ratings
00 Ratings
Manufacturing Costs
8.29 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.8
11 Ratings
9% above category average
Microsoft Excel
-
Ratings
Forecasting
6.911 Ratings
00 Ratings
Inventory Planning
8.011 Ratings
00 Ratings
Performance Monitoring
7.211 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
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.
I don't really know another program as powerful as Excel. I've used Google Doc programs but do not feel they come close. So far, anytime I've needed a table of some sort for data, whether it's budget oriented or information off a survey, the best system has been Excel. We do web audits on occasion and we create an Excel worksheet featuring every URL of the pages we're auditing, notes, data about the content, information about files attached to the page and other information to help us determine what pages need updating, deleting or otherwise. We also use Excel primarily to export our Google Analytics to in order for us to create reports for clients that need to see specific information about their traffic.
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.
It is very good at embedded formulas and tying cells to one another
It allows me to compare deals terms on a side-by-side basis and talk my clients through it easily.
It is very helpful as well in terms of allowing me to filter/sort results in many different ways depending on what specific information I am most interested in prioritizing.
Excel offers collaboration features that allow multiple users to work on the same spreadsheet, but managing changes made by different users can be challenging. Excel could improve its features by offering more granular control, better tracking of changes, and more robust conflict resolution tools.
Itcan be a barrier to productivity when importing and exporting data from other applications or file formats. To improve its features, it should offer better support for standard file formats and more robust error handling and reporting tools.
Excel can be challenging for finance students and working professionals, but it can be improved by offering more robust tutorials, better documentation, and more user communities and support forums.
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
Excel remains the industry standard for spreadsheets and has maintained simple and straight-forward formula writing methods. Although there is a learning curve to do more complex calculations, there are countless help sites and videos on the Internet for almost any need.
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.
I'm giving it a 7 because it is my go to. But the fact other prefer Google Sheets when working with a team does get irritating. I've used the online version of Microsoft Excel that other teams can get into and it still seems behind Google Sheets. It's a little clanky and slow? If that's even a term.
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.
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
Out of Microsoft Excel, Microsoft Power BI, IBM SPSS, and Google Sheets, Microsoft Excel is by far the most common tool used for anything data-related across organizations. Accordingly, our organization has also implemented Microsoft Excel as a first-step tool. We recently adopted Microsoft Power BI (the free version), and use it occasionally (mostly for creating dashboards), but it is less commonly understood by stakeholders across our organization and by our clients. Accordingly, Microsoft Excel is more user-friendly and because of its popularity, we can easily look up how to do things in the program online. Google Sheets is a comparable alternative to Microsoft Excel, but because it's cloud-based and we have sensitive data that needs to be protected, we chose against using this software. Finally, a few users (including myself) have access to and utilize IBM's SPSS. For my role, it's a helpful tool to do more rigorous analyses. However, because of its cost and limited functionality as a simple spreadsheet, we only use it for more complex analyses.
Each user can use it to whatever level of expertise they have. It remains the same so users can contribute to another's work regardless of whether they have more or less expertise