When conducting an ERP software selection or ERP validation process, many companies look at one or more of the top three software vendors. SAP S/4HANA, Oracle Cloud ERP, and Microsoft Dynamics 365 are three of the most commonly considered technologies for digital transformations.
Comparing systems can be difficult and overwhelming. All three products have built quite a bit of functionality and deployment options. They are investing heavily in cloud offerings, machine learning, and analytics solutions.
Though all three systems may provide more capabilities than you could expect from your legacy systems, each one has pros, cons, and tradeoffs. They all have different strengths compared to one another. It can be difficult to compare them if you don’t understand the important differences between the three.
Before getting into detailed functional fit and gaps, it is often helpful to start with the strategic differences between SAP S/4HANA, Oracle Cloud ERP, and Microsoft Dynamics 365. For example, these products are differentiated in a number of key categories, such as:
There are some general ways that the products differ from one another in these and other categories, which is outlined in the video below.
Even more important is the way these solutions are implemented. Following implementation best practices is critical to the ultimate success of your digital transformation. For example, there are additional best practices that should be deployed beyond Microsoft’s Sure Step methodology to ensure a successful Microsoft Dynamics 365 implementation. Similarly, there are common best practices important for a successful SAP S/4HANA implementation.
The software decision may be the main thing you’re thinking about now, but it’s never too early to start thinking about implementation as well. In the meantime, the video above should give you some good things to consider as you evaluate these three leading ERP systems.
Watch for future blog posts regarding a comparison of other ERP systems as well. In the meantime, you can also learn more about the top 20 lessons from 1,000+ ERP implementations over 20 years.
