When it comes to choosing a cloud-based ERP system for your business, it can be difficult to decide which one is right for you. There are a lot of different factors to consider, and it can be tough to compare apples to apples. In this article, we're going to take a close look at two of the most popular cloud-based ERP systems on the market today: Microsoft Dynamics 365 and Wave. We'll compare and contrast the two systems, and discuss the key differences between them.

Microsoft Dynamics 365

Microsoft Dynamics 365 is a cloud-based ERP system that is designed to help businesses manage their finances, operations, and customer relationships. It is a comprehensive system that offers a wide range of features, including accounting, invoicing, order management, CRM, and more. Dynamics 365 is a flexible system that can be customized to meet the specific needs of your business. It is also scalable, so it can grow with your business as it expands. One of the key benefits of Dynamics 365 is that it integrates with other Microsoft products, such as Office 365, making it easy to use for businesses that are already using Microsoft products.

Wave

Wave is a cloud-based ERP system that is designed to help small businesses manage their finances and operations. Wave offers a wide range of features, including invoicing, accounting, payroll, and more. Wave is a flexible system that can be customized to meet the specific needs of your business. It is also scalable, so it can grow with your business as it expands. One of the key benefits of Wave is that it is free to use for businesses with fewer than 10 employees. Wave is also easy to use, with a simple interface that is designed for small businesses.

Key Differences

Now that we've taken a look at each system separately, let's compare and contrast them. Here are the key differences between Microsoft Dynamics 365 and Wave:

• Price: Microsoft Dynamics 365 is a subscription-based system, with prices starting at $95 per user per month. Wave is a free system for businesses with fewer than 10 employees. For businesses with more than 10 employees, Wave offers a subscription-based pricing model, with prices starting at $9 per employee per month.
• Features: Microsoft Dynamics 365 offers a comprehensive set of features, including accounting, invoicing, order management, CRM, and more. Wave offers a smaller set of features, including invoicing, accounting, payroll, and more. However, Wave offers a free mobile app that allows businesses to track their finances on the go.
• Integrations: Microsoft Dynamics 365 integrates with other Microsoft products, such as Office 365. Wave integrates with a number of third-party applications, such as QuickBooks, Xero, and more.
• User interface: Microsoft Dynamics 365 has a modern, intuitive user interface. Wave has a simple, easy-to-use interface that is designed for small businesses.

Conclusion

Both Microsoft Dynamics 365 and Wave are great cloud-based ERP systems. They both offer a wide range of features, are flexible and customizable, and can be scaled to grow with your business. However, there are some key differences between the two systems. Microsoft Dynamics 365 is a subscription-based system, with prices starting at $95 per user per month. Wave is a free system for businesses with fewer than 10 employees. Wave also offers a free mobile app that allows businesses to track their finances on the go. When it comes to choosing an ERP system for your business, it's important to weigh all of the factors and choose the system that is right for you.