A review of ERP finance systems
Conclusion: The enterprise application marketplace has seen some changes in the past two years, with new entries, consolidation and acquisition, particularly in the mid-market of ERP finance systems. IBRS recently investigated a cross-section of ERP finance systems from top tier to the smaller players including, but not limited to: SAP, Oracle, Workday (Finance), Technology One Microsoft Dynamics 365 for Operations (Microsoft Dynamics AX), Sage X3, NetSuite, Microsoft Navision, Sage 300, Great Plains, MYOB, Xero and SaaSu.
This research paper includes a comparison of current functionality available across three popular mid to upper market ERP finance systems, namely Sage X3, Microsoft Dynamics 365 for Finance and Operations (previously A) and Oracle’s revamped NetSuite. They have been reviewed given their strength in the finance and operations functionality.