Xledger vs Dynamics 365 ERP

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

Product Basics

Xledger is a cloud-based financial management platform that combines multi-dimensional reporting and devolved budgeting in a single unified module. It automates processes such as bookkeeping, invoicing, asset management and bank reconciliation. It supports multi-entity, multi-currency transactions, consolidating data for all the entities in the user’s enterprise.

For charities and nonprofits, it combines donor management and fund accounting. It helps professional services organizations automate and streamline processes through the entire project lifecycle, starting from workflow and ending with payment processing. Users can grow without limits by tracking costs and maximizing profits. 

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Dynamics 365 ERP is a suite of cloud-based applications designed to optimize key functions such as finance, supply chain management, project operations, human resources, sales and customer service.

According to our data, it stands out in Customer Relationship Management (CRM) and Finance and Accounting in our product directory. It also delivers 81% of essential features out of the box, ensuring robust functionality. Its modular structure allows growing businesses to select and customize components to match specific needs.

Users praise Dynamics 365 ERP for its seamless CRM and ERP integration that simplifies workflows, enhances collaboration, and provides actionable insights through advanced analytics and AI-powered tools.

Dynamics 365 ERP offers a 30-day free trial for a few of the apps within the ERP suite. Pricing depends on the selected modules, user licenses and deployment options. For example, Dynamics 365 Business Central’s standard license costs about $70 per user per month, while Dynamics 365 Finance and Operations starts at $210 per user per month for a full license.

Implementation costs vary widely, from $16,000 for smaller projects to over $1,000,000 for large-scale deployments. Ongoing support and maintenance fees depend on service agreements with Microsoft or its certified partners. To ensure the best fit, you should evaluate your needs and consult a Microsoft partner for tailored recommendations.

Our Research Process for Dynamics 365 ERP

A 30-day free trial is available for only a handful of the 10 apps that make up the ERP suite, and only one trial can be active at a time. Due to these limitations, I felt that a trial wouldn’t provide a comprehensive end-user experience to fully evaluate the suite.

Instead, I relied on their user reviews, product demo videos, detailed documentation, and success stories to explore the software’s strengths and unique features.

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Product Insights

  • Automation: Solutions by Xledger automates processes to build users’ bottom line by freeing accountants from manually entering data. It saves resources and manpower with automation in bank reconciliation, posting suggestions, consolidated reports and purchasing and payment processing. 
  • Insight: Xledger comes equipped with advanced BI tools like role-based dashboards, configurable reporting and multi-dimensional inquiries. Users can go as deep as the transaction level for complete understanding.
  • Scalability: It equips organizations to grow without costs, limits or penalties. It can be set up quickly and expanded seamlessly. Users can create new business units smoothly. Transactions can be conducted in 23 languages and in all currencies. It maximizes efficiency through its multi-tenant cloud feature. 
  • True Cloud: With Xledger, users pay only for the resources they use. It’s a true cloud provider as it hosts all its customers on the same software instance. Users also receive upgrades, the latest version of the software and fixes to security issues. 
  • Configuration: It configures to the requirements of the users. It has built-in levers and captures configurations differently from solution capabilities. Upgrades become easier to implement as well. 
  • Unified Solution: Since Xledger is a unified cloud-based ERP solution, functional areas are interwoven with each other. It permits users to access all the modules as it is a multi-tenant platform. 
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  • Enhanced Operational Efficiency: Streamline core business processes across finance, supply chain, manufacturing, operations, and customer service. Automate workflows, reduce manual tasks and increase productivity.
  • Improved Financial Control: With a best-in-class award and a 99 score for its financial management capabilities in our assessment, it provides real-time visibility into financial data, tracks expenses, and manages budgets to support informed financial decisions. It also strengthens financial reporting and ensures compliance with industry standards.
  • Optimized Inventory Management: This functionality scores a perfect 100, equaling top solutions like Visibility ERP and Cetec ERP. You can track inventory levels, manage stock locations, optimize purchasing and reduce stockouts. There are also tools to improve supply chain visibility and responsiveness to customer demand.
  • Enhanced Customer Experience: With a score of 99 for CRM features in our assessment, Dynamics 365 ERP has a lot to offer to improve customer experiences. It also streamlines service delivery and simplifies order fulfillment, while providing a 360-degree view of customer interactions for personalized, impactful experiences.
  • Strengthened Data-Driven Decision Making: Access real-time data insights, generate reports, identify trends and make informed business decisions. Leverage predictive analytics to forecast demand and optimize resource allocation.
  • Improved Collaboration and Communication: Break down silos, foster collaboration across departments, and streamline communication. Improve teamwork, knowledge sharing and decision-making.
  • Enhanced Mobility and Accessibility: Access information and manage tasks from anywhere, on any device. Empower employees to work remotely and stay productive.
  • Better Scalability and Flexibility: Adapt to business growth and changing needs with a scalable cloud-based platform. Add or remove modules, users and features as needed.
  • Robust Integration With Microsoft Ecosystem: Seamlessly integrate with other Microsoft products like Office 365, Power BI and Azure. Extend functionality and create a unified business environment.
  • Complete Security and Compliance: This capability earns a perfect 100 from our analyst team for its ability to provide secure accounting views and restrict manual adjustments. Safeguard sensitive data with advanced security features designed to meet strict compliance and regulatory standards.
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  • Core Accounting: It provides analytical capabilities and advanced automation for accounts receivable and payable, cashbook and general ledgers. It has a flexible accounting chart, consolidated financial information in real-time and automated data entry. It helps generate 1099s easily. 
  • Reporting: The software has a powerful business intelligence toolset, which helps users assess liquidity, analyze data and extract data for better decision making. It has updated real-time dashboards, configurable reports and multi-entry inquiry screens. 
  • Asset Management: It enables accounting professionals to manage and automate the complete lifecycle of fixed assets starting from acquisition and construction to disposal. Automation reduces the time spent on tracking, depreciating and managing fixed assets. This eliminates errors, uncertainties and interventions that afflict excel sheets and other applications. 
  • Forecasting and Budgeting: It allows for an unlimited number of budget revisions and supports multi-entity and multi-currency budgeting. It also supports multi-dimensional analysis and importing from external sources. It makes it easy to compare actual against available budget. 
  • Accounts Payable and Receivable: It automates data entry via OCR bill reading and pre-registration. It has a multi-person, multi-rule and multi-level payment and posting workflows. Xledger has templates for invoices and delivery options. It calculates discounts, royalties, commissions and interest charges. 
  • Project Accounting: Xledger helps users manage projects of all sizes with resource planning, time capture, project invoicing and project accounting. It supports features such as project structure, costing, expenses, reporting and follow up. It handles multi-entity projects and project hierarchies. 
  • Time and Expenses: Xledger equips users with paperless approvals and granular analytics. Employees can directly input or import timesheets using Xledger’s phone app, browser or calendar-based input. Managers can view timesheets from multiple angles and also have access to an electronic timesheet archive. 
  • Payroll: It supports a flexible payroll system, which has payslip distribution via web, mail and email and automatic matching for data in the books. It allows for recurring payroll frequencies and has a set of taxation rules and rate registers. 
  • Procurement and Inventory: Xledger auto-generates purchase proposals and has pre-made purchase order templates. It tracks serial and batch numbers. It also automatically posts goods received accruals. 
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  • Financial Management: Comprehensive financial management suite for general ledger, accounts payable, accounts receivable, cash management, budgeting, and financial reporting.
  • Supply Chain Management: Integrated supply chain management for procurement, inventory management, production planning, warehousing, logistics, and quality control.
  • Sales and Customer Service: Tools for sales force automation, customer relationship management, lead management, opportunity tracking, order management, and customer service.
  • Project Management and Accounting: Project planning, resource scheduling, time and expense tracking, billing, and project accounting.
  • Business Intelligence and Analytics: Built-in reporting and analytics tools, including Power BI integration for advanced data visualization and analysis.
  • Workflow Automation: Visual designer for automating business processes across departments, eliminating manual tasks, and streamlining operations.
  • Mobile Accessibility: Native mobile apps for iOS and Android devices for accessing data and managing tasks on the go.
  • Cloud-Based Deployment: Scalable cloud-based platform with automatic updates and continuous innovation.
  • Customization and Integration: Low-code tools for customization and integration with other business systems and applications.
  • Industry-Specific Modules: Specialized modules for manufacturing, retail, professional services, and other industries.
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Product Ranking

#113

among all
ERP Software

#1

among all
ERP Software

Find out who the leaders are

Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Dynamics 365 ERP
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Analytics And Reporting Asset Management Customer Relationship Management Finance And Accounting Human Resource Management Inventory Management Manufacturing Order Management Procurement Project Management Service Management Supply Chain Management Warehouse Management 97 76 99 99 83 100 79 96 90 99 78 64 73 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Excellent User Sentiment 7 reviews
Great User Sentiment 8415 reviews
95%
of users recommend this product

Xledger has a 'excellent' User Satisfaction Rating of 95% when considering 7 user reviews from 2 recognized software review sites.

85%
of users recommend this product

Dynamics 365 ERP has a 'great' User Satisfaction Rating of 85% when considering 8415 user reviews from 4 recognized software review sites.

5.0 (1)
3.8 (1594)
4.7 (6)
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4.4 (5760)
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4.4 (120)
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3.9 (941)

Awards

Xledger stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

SelectHub research analysts have evaluated Dynamics 365 ERP and concluded it earns best-in-class honors for Customer Relationship Management and Finance and Accounting.

Customer Relationship Management Award
Finance and Accounting Award

Synopsis of User Ratings and Reviews

Streamlined Accounting Processes: Users praise Xledger for automating tasks like bank reconciliation, saving time and reducing errors.
Real-Time Financial Insights: The platform's dashboards and reporting tools provide a clear view of financial performance, enabling data-driven decisions.
Improved Collaboration: Xledger facilitates communication and data sharing between departments, leading to better coordination and efficiency.
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Streamlined Operations: Users praise Dynamics 365 ERP for simplifying complex processes, boosting efficiency, and reducing manual tasks.
Enhanced Visibility: Real-time data insights and improved reporting are lauded for providing better decision-making capabilities.
Scalability and Flexibility: The ability to adapt to changing business needs and integrate with other systems is a major plus for users.
Improved Collaboration: Seamless integration with Microsoft tools and mobile accessibility are seen as key strengths for teamwork.
Reduced Costs: Users report cost savings through optimized inventory management, streamlined processes, and improved efficiency.
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Complex user interface: Some users have reported that Xledger's interface can be difficult to navigate and understand, especially for those who are new to the software.
Limited customization options: Users have expressed frustration with the limited ability to customize the software to fit their specific needs.
Slow support response times: Some users have complained about slow response times from Xledger's support team, which can be a major issue when dealing with critical software problems.
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Implementation Complexity: Some users report challenges with initial setup and configuration, requiring technical expertise.
Cost Concerns: While cost-effective compared to some competitors, upfront licensing, implementation, extensive modifications and ongoing maintenance fees can be significant.
Learning Curve: The interface can be complex for new users, requiring training and adaptation.
Performance Issues: Handling large datasets or complex configurations can hinder overall efficiency and productivity.
Integration Challenges: While offering integration with Microsoft tools, seamless integration with non-Microsoft systems can be complex.
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Is Xledger the X-factor your business needs for ERP solutions? Over the past year, user reviews of Xledger have painted a predominantly positive picture, highlighting its robust functionality and user-friendly interface. Many users appreciate its cloud-based nature, which allows for real-time data access and seamless integration across various departments. Compared to similar products like SAP and Oracle, Xledger stands out for its ease of use and lower implementation costs. One of the key strengths users frequently mention is Xledger's comprehensive reporting capabilities. The software offers customizable dashboards and detailed financial reports, which are crucial for informed decision-making. Users also commend its automation features, which significantly reduce manual data entry and the risk of human error. For instance, one user noted that the automated bank reconciliation feature saved their accounting team several hours each week. However, Xledger is not without its weaknesses. Some users have reported that the initial setup can be complex and time-consuming, requiring a steep learning curve. Additionally, while the customer support is generally responsive, a few users have experienced delays in resolving technical issues. These drawbacks, though notable, are often overshadowed by the software's overall performance and reliability. What truly differentiates Xledger from competitors is its scalability and flexibility. Small to medium-sized enterprises (SMEs) find it particularly beneficial due to its modular design, which allows businesses to add or remove features as needed. This adaptability is crucial for growing companies that need a solution capable of evolving with their needs. In conclusion, Xledger is best suited for SMEs looking for a cost-effective, scalable ERP solution with strong reporting and automation capabilities. While it may require some initial effort to set up, the long-term benefits make it a worthwhile investment for businesses aiming to streamline their operations and enhance productivity.

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Microsoft Dynamics 365 ERP is a suite of applications designed to help growing businesses manage Enterprise Resource Planning alongside CRM. After exploring user reviews, product demos, documentation and success stories, here’s what stood out:Its seamless integration with Microsoft tools like Power BI, Power Automate, and Teams improves productivity through better data visualization, automated workflows, and collaboration.For instance, Belgotex1, a global carpet manufacturer, faced challenges with outdated, disconnected systems. Critical data was scattered, and collaboration between departments was hindered. By implementing Dynamics 365 alongside Power Apps, Power Pages, Power BI and Microsoft Fabric, they unified operations and empowered employees to address these inefficiencies.Its modular structure is another major strength. It consolidates various processes into a single system, reducing data silos and improving collaboration across departments.Pricing is flexible and varies by application and licensing type. You should carefully assess your specific needs to determine the best solution.Another strong feature that stood out to me is its ability to automate repetitive tasks. It reduces manual errors and frees up time for more strategic activities. Customization options further improve its value, allowing you to tailor the system to your unique requirements. However, some users have reported challenges, including a learning curve for beginners, implementation hurdles and occasional performance issues.Overall, Dynamics 365 ERP is a versatile solution for businesses aiming to integrate operations across departments. With its robust features, AI-powered tools, and seamless integration with other Microsoft products, it stands out as a compelling choice for businesses looking to boost efficiency and drive growth.

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