Datacor ERP vs Dynamics 365 Finance

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Our analysts compared Datacor ERP vs Dynamics 365 Finance based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Datacor ERP Software Tool
Dynamics 365 Finance Software Tool

Product Basics

Datacor ERP (formerly Chempax) is a comprehensive solution designed for process manufacturers and chemical distributors. It facilitates centralized inventory management and procurement, business intelligence, manufacturing, accounting, customer relationship management and more.

It helps users streamline operations in every department, maintain data integrity and develop efficient business processes to boost productivity. With a straightforward implementation process devoid of programming, users can leverage the solution to make smart business decisions and drive change.
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Dynamics 365 Finance, a cloud-based Accounting ERP (Enterprise Resource Planning) software, streamlines financial operations for mid-sized to large organizations. It automates core accounting tasks like general ledger, payables, receivables, and project accounting, providing real-time financial insights. Its strengths lie in scalability, integration with other Microsoft products, and industry-specific features. Users praise its ease of use, reporting capabilities, and workflow automation. However, some find the initial setup complex and customization options limited. Pricing is subscription-based, tiered by modules and user count. It's pricier than basic accounting software but cost-effective compared to comprehensive on-premise solutions.

Pros
  • Real-time insights
  • Scalable & flexible
  • Integrates with MS tools
  • Automates workflows
  • Easy to use (reported)
Cons
  • Complex setup (initial)
  • Limited customization
  • Pricier than basic options
  • Reporting can be complex
  • Subscription-based
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$15,000 Annually
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$480/User, Monthly
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Windows
Mac
Linux
Android
Chromebook
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Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Leverage Data: Leverage data to identify quality trends in the product before it reaches the consumer. It helps improve customer satisfaction. 
  • Optimize Resource Planning: Assess inventory levels and forecasted demands across multiple parameters to optimize resource planning and utilization. Optimizing resource planning ensures improved process efficiencies, reduced costs and increased profits. 
  • Automate Inventory Control: Automate inventory control through daily order entry, invoicing, purchasing, manufacturing and forecasting. Automation saves time and boosts productivity. 
  • Time-Saving: Free your managers, sales team and customer service representatives from the tedious tasks of manual data entry. It enables them to focus more on tasks that require their undivided attention. 
  • Promote Sales: Users can provide their staff with the necessary tools to sell effectively and efficiently. It aids in managing the customers better and providing them with timely information, facilitating better sales. 
  • Improved Business Insight: Retrieve, view and analyze critical business information from one centralized location. Accessing data from a centralized location enables decision-makers to find the right solutions, make future predictions with confidence and drive business success. 
  • Streamline Operations: Streamline operations within every department to maintain data integrity and develop efficient internal processes. It enables users to coordinate activities and boost productivity. 
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  • Artificial Intelligence Data: Utilize Dynamics 365 Finance's AI-powered data tools to evaluate business health as well as boost financial controls, maximize cash flows, and develop and execute better business decisions. 
  • Budget Planning: Dwindle operation expenses and increase spending for businesses throughout various regions with the budget planning apparatus. 
  • Reduce Risks: Swiftly adjust to global and local financial regulations with a pliable standards-based chart of accounts and dimensions that permit users to effortlessly and properly superintend their financial operations. 
  • Power BI-Applicable: Initiate wiser, quicker actions and choices through the role-based workspaces that are embedded with Power BI's synergistic data visualization capabilities so users may examine KPIs with more depth as well as dive into transactions to overview the health of their business. 
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  • Quality Control: Track and control the quality of the manufacturing process from inception to delivery with the help of unlimited quality control tests and maintaining robust product specification documents. 
  • Batch Production: Automate production scheduling and procurement process with production cost and yield analysis, finite scheduling and production dashboards. 
  • Order Management: Users can access four ways to enter orders via web, telephone, fax or email. It has an integrated shipping and truck routing module. 
  • Financial Management: Manage customer accounts with detailed credit history and periodic transaction reports. Track payment due dates and available discounts to manage cash flow. Gain in-depth financial reporting, including balance sheets, income statements and much more. 
  • Plant Maintenance: Schedule preventive maintenance with flexible maintenance scheduling. The repository for asset blueprints and specifications serve as an excellent database for effective plant maintenance. 
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  • Elaborate Reporting: Balance and close books quicker with in-depth reporting and real-time analytics appliances. Users may enable pliable financial reports that showcase numerous currencies and legal entities to administer foreign exchanges and expedite end-of-month bookkeeping procedures. 
  • Grow Revenue: Work with machine learning capabilities that come with reporting, financial intelligence and analytics that compile forecasted recommendations and provide guidance for opportune customer expenditures. 
  • Role-Based Workspaces: Personalize crucial documents and reports such as invoices and statements that align with ever-changing business necessities with the role-based workspaces and modules. Users may also activate automatic recurring bills that seamlessly adapt to new revenue recognition rules, dwindle audit costs and cipher financial statements with precision.  
  • Compliances: Ensure that businesses align with local and global standards to reduce risks with the compliance attribute that guarantees compliance in approximately 37 countries and 42 languages. 
  • Financial Planning: Keep organizations running smoothly whether they're local, abroad or both with the financial process automation, financial planning and analysis, encumbrance and budget control modules. 
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Product Ranking

#114

among all
ERP Software

#116

among all
ERP Software

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User Sentiment Summary

Great User Sentiment 38 reviews
Great User Sentiment 3543 reviews
80%
of users recommend this product

Datacor ERP has a 'great' User Satisfaction Rating of 80% when considering 38 user reviews from 2 recognized software review sites.

89%
of users recommend this product

Dynamics 365 Finance has a 'great' User Satisfaction Rating of 89% when considering 3543 user reviews from 5 recognized software review sites.

n/a
4.0 (19)
2.5 (2)
3.6 (90)
4.1 (36)
n/a
n/a
4.5 (3273)
n/a
4.0 (40)
n/a
3.6 (121)

Synopsis of User Ratings and Reviews

Improved Efficiency: Streamlines processes, automates tasks, and centralizes data, saving time and resources.
Enhanced Visibility: Provides real-time insights into business performance across departments, enabling data-driven decision making.
Scalability and Flexibility: Adapts to your growing needs with modular functionality and cloud-based deployment options.
Improved Collaboration: Connects teams and departments, fostering better communication and workflow.
Reduced Costs: Optimizes inventory, minimizes waste, and automates processes, leading to cost savings.
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Streamlined Workflow: Automates tasks like payables, receivables, and GL, saving time and reducing errors. Users highlight improved efficiency and fewer manual processes.
Real-Time Insights: Provides instant access to financial data through dashboards and reports, enabling data-driven decisions. Users appreciate the ability to quickly track performance and make informed choices.
Seamless Integration: Connects seamlessly with other Microsoft products like Office 365 and Power BI for a unified user experience and enhanced data sharing. Users value the convenience and improved collaboration across departments.
Industry-Specific Solutions: Pre-built templates and industry-focused features cater to specific needs in sectors like retail, manufacturing, and non-profits. Users benefit from faster implementation and reduced customization costs.
Scalability and Flexibility: Adapts to your growing needs with cloud-based architecture and modular functionality. Users praise the ability to easily add users and modules as their business expands.
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Implementation Complexity: Initial setup and configuration can be complex for larger organizations, requiring IT expertise or consulting services.
Customization Costs: Extensive customization beyond core functionalities can lead to increased costs and development time.
Integration Challenges: Integrating Datacor ERP with existing systems and databases may require additional development work.
Learning Curve: Users may require training and adaptation to navigate the new interface and functionalities.
Limited Scalability for Small Businesses: Datacor ERP's feature set and pricing may be overkill for smaller businesses with simpler needs.
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Complex Setup: Initial configuration and data migration can be complex, requiring professional assistance for larger organizations, leading to higher implementation costs.
Limited Customization: While offering flexibility, extensive customization can be expensive and require developer resources, potentially negating cost savings and increasing maintenance needs.
Subscription-Based Cost: Ongoing subscription fees can be higher than upfront costs of on-premise solutions, especially for smaller businesses with limited usage, raising concerns about long-term affordability.
Reporting Complexity: Advanced reporting features can have a learning curve for non-technical users, requiring training or dedicated personnel, impacting user adoption and efficiency.
Mobile App Limitations: Some users report occasional glitches and lack of full feature parity with the desktop version, hindering on-the-go access and real-time updates.
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Datacor ERP's user reviews paint a picture of a powerful, industry-specific solution with some caveats to consider. Many users cite its deep functionality for chemical distributors and manufacturers as a major draw. "Datacor understands the nuances of our business," one reviewer says, "from formula management to batch tracking, it has everything we need." This focus translates to improved efficiency and accuracy, with users reporting streamlined processes and fewer errors. "We've seen a significant reduction in waste and improved on-time deliveries," another reviewer shares. However, Datacor's implementation complexity is a recurring theme. "The initial setup was quite involved," admits one user, "and we needed some consulting help to get things running smoothly." Additionally, some reviewers mention limited scalability for smaller businesses, suggesting that Datacor's robust features and pricing might be overkill for simpler needs. "For a small startup, it felt a bit like using a sledgehammer to crack a walnut," one reviewer comments. When compared to competitors like SAP Business One and Acumatica, users highlight Datacor's industry-specific strengths and user-friendly interface. "Datacor feels more intuitive for our line of work," one reviewer explains, "while SAP felt too generic." However, some users also mention concerns about Datacor's pricing structure compared to its competitors. "Acumatica's subscription model seems more predictable," one reviewer notes. Overall, Datacor ERP seems to be a powerful solution for businesses in the chemical industry, offering deep functionality and improved efficiency. However, its implementation complexity and potentially higher costs for smaller businesses require careful consideration. As one reviewer wisely concludes, "Datacor is a great fit if you need a tailored solution for your specific industry, but be prepared to invest the time and resources to get it up and running."

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Dynamics 365 Finance users offer a mixed bag of opinions, with praise for its robust functionality and cloud-based accessibility countered by criticisms of its complexity and implementation hurdles. Compared to competitors like SAP Business One and Sage Intacct, Dynamics 365 shines in its tight integration with other Microsoft products and its advanced business intelligence capabilities. However, its steeper learning curve and higher upfront costs can be deterrents. Users laud the software's comprehensive financial management features, from core accounting to project accounting and budgeting. One reviewer, a finance manager at a mid-sized manufacturing firm, highlighted the ease of generating real-time financial reports, enabling them to make data-driven decisions. Another user, the CFO of a growing tech startup, appreciated the seamless integration with Dynamics 365 Sales, streamlining order-to-cash processes. However, the complexity of the software is a recurring pain point. Users report a significant learning curve, requiring extensive training and support, especially for non-technical users. A controller at a non-profit organization mentioned the difficulty in customizing workflows, making it less adaptable to their specific needs compared to more user-friendly competitors like Sage Intacct. Implementation challenges also surface in reviews, with users citing lengthy setup times and integration issues. One reviewer, an accountant at a construction company, emphasized the need for experienced consultants to navigate the initial setup, adding to the overall cost. This can be a disadvantage for smaller businesses or those with limited IT resources. Despite these drawbacks, Dynamics 365 Finance's strengths in functionality, scalability, and future-proof cloud technology make it a compelling choice for larger organizations with complex financial needs and the resources to invest in its implementation. For smaller businesses or those seeking a more user-friendly option, other alternatives might be a better fit.

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