Is your business suffering from demand issues, inaccurate reporting, or inconsistent data? An ERP system may be the solution, providing a central point of truth for your business.
In this article, we compare three of the most popular ERP systems in New Zealand to help you make an informed decision. Drawing on key features and differences between HARMONiQ, Netsuite, and Microsoft Dynamics, we will help you choose the right ERP system for your unique needs.
ERP (Enterprise Resource Planning) describes integrated software platforms, managing all processes and data in one single point of truth. ERP software encompasses a full range of business functions in one place, from finance and supply chain management to human resources and CRM. So which ERP software is best?
In the table below, we’ve compiled some core differences between these three platforms. While all three offer similar benefits and capabilities, the main differences can be seen in the scalability, deployment, customisation, pricing, and integrations. In the below table, we delve into each platform to highlight the top features and best applications.
| Target Market | SMEs, wholesalers, and distributors | Mid-sized to enterprise-level companies | Varies by product |
| Deployment | On-premises with some cloud options | Cloud-based (SaaS) | Cloud, hybrid, or on-premises |
| Customisation | Moderate customisation using modules | High flexibility with SuiteApps | High customisation, developer-friendly |
| User interface | Simple and intuitive | Complex for beginners | Familiar and highly configurable MS interface |
| Integrations | Focused on industry-specific tools | Extensive third-party integrations | Seamless with Microsoft products |
| Pricing | Lower cost, suitable for SMEs | Higher TCO, subscription-based | Mid-to-high range |
| Strengths |
Industry-specific focus (e.g., wholesale). Built-in support for multi-subsidiary entities |
Scalability, global operations support | Excellent for companies using the Microsoft ecosystem |
| Weaknesses | Limited scalability for large enterprises | Costly for smaller businesses, particularly for any custom development required | Steeper learning curve for advanced modules and a lot of configuration required |
Netsuite is an ERP system by the US tech company Oracle. The Netsuite system serves over 40,000 businesses globally, enabling them to run back-office operations, financial business processes, HR, professional services automation, and omnichannel commerce. However, NetSuite can be costly for smaller businesses and may also be complicated to learn.
NetSuite is best suited to large international companies, particularly those with the budget to customise the tools. If you need a robust, scalable cloud-based ERP with global reach and advanced financials, NetSuite is a great choice.
Microsoft Dynamics 365 is a comprehensive, modular ERP and CRM platform that integrates seamlessly with the Microsoft ecosystem. It also offers advanced features like AI-powered automation, real-time analytics, and multi-entity financial management.
This is a great platform for large-scale and global companies that already use the Microsoft suite but it does involve a steep learning curve for beginners. If you value tight integration with Microsoft tools and need customisation options for a wide range of industries, this is likely the best option.
HARMONiQ was developed by Micronet, a leading software company based in Australia. The ERP software is customisable and scalable, allowing businesses to optimise processes, drive efficiency, and coordinate all data in one unified place.
The HARMONiQ software serves a range of industries and businesses, with particular popularity amongst wholesalers, distribution-based businesses, and SMEs. If you need a cost-effective ERP solution with a focus on wholesale or distribution, HARMONiQ is a clear choice.
“We have found HARMONiQ extremely useful and couldn’t do without it. In comparison to our last system, which was very restrictive and limiting, HARMONiQ is highly customisable and very user friendly and has been a great assistance in making our company more system driven.” — Martin Waite, Customer Service & Marketing Manager, UNEX Systems (from HARMONiQ's website).
If you work with our team at Logiq Group, we will provide ongoing support and guidance with the HARMONiQ platform. While we get everything set up, you can focus on growing your business. Are you ready to see what HARMONiQ could do for you? Try our Cost Calculator quiz today!