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IQMS Enterprise IQ vs Microsoft Dynamics 365 Business Central comparison

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Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IQMS Enterprise IQ
Ranking in ERP
35th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Microsoft Dynamics 365 Busi...
Ranking in ERP
5th
Average Rating
8.2
Reviews Sentiment
6.4
Number of Reviews
69
Ranking in other categories
Activity Based Costing Software (2nd)
 

Mindshare comparison

As of September 2026, in the ERP category, the mindshare of IQMS Enterprise IQ is 0.9%, up from 0.8% compared to the previous year. The mindshare of Microsoft Dynamics 365 Business Central is 2.8%, down from 6.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
ERP Mindshare Distribution
ProductMindshare (%)
Microsoft Dynamics 365 Business Central2.8%
IQMS Enterprise IQ0.9%
Other96.3%
ERP
 

Featured Reviews

VR
Retired at Retired
Allows customization for production and has good sales, distribution, and quality management features
Previously, we were using a very small ERP called Visual Udyog. Visual Udyog is a very cheap solution. For a startup company, it's useful. It's not an elaborate ERP, but it gives at least 25% of what IQMS gives. It can give 25% or even close to 50% of what IQMS can give and at 10% of the cost. Initially, for the first five years of the company, where it has only one million turnover or two million turnover, it is enough. Once you want to scale up, you have to go to SAP or IQMS. I also worked with SAP. I would say that IQMS and SAP go hand-in-hand.
Jacinta Chanda - PeerSpot reviewer
Examinations Manager at Northrise University
Integrated academic workflows have transformed how our institution manages courses and results
For Microsoft Dynamics 365 Business Central, every time we need to make an adjustment, we must make a payment, which is slightly expensive for us as an organization. There are certain modifications we'd like to make, and those come with a cost. The licensing is also very expensive, so if the prices could be revisited, especially for educational institutions, that would be really helpful. Otherwise, it has proven to be a very good tool for us as an organization. I chose a rating of nine for Microsoft Dynamics 365 Business Central because it has been very useful for us as an organization, but there are still a few improvements that need to be made. Sometimes we experience glitches when generating certain reports, and every time we need to make a modification, we have to pay for that. Thus, I will not give it a ten because there are a few areas needing improvement.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."
"This is a flexible ERP solution and it includes these major functional areas: Trade, supply chain, manufacturing, finance, logistics, warehouse, service, and quality management."
"The ease of the initial setup, data conversion, and rapid start are the strengths of this solution."
"The initial setup is easy - because it stands on Microsoft offerings, it's simple and intuitive to use."
"Ease of use, extremely flexible, and cost effective, it is well targeted for small and medium size businesses."
"This is readily available and affordable, as well as user-friendly and simple to use in my opinion."
"Microsoft products are very good in general. This product is flexible, easy to use, intuitive, and has good capabilities."
"This is a robust solution, and I like the integration with Power BI wherein we are able to deploy multiple reports along with Power BI and have access to all the reports we need in one dashboard, which is very useful for us and for the sales department in particular."
"The solution can scale."
 

Cons

"Setup is very complex."
"It was very complex, which is why it took us so long."
"Price for small organizations in the public sector should be less."
"The solution can improve by having better integration with Microsoft PowerBI and reporting."
"Some of the control aspects such as auditing can definitely be improved. For example, auditing is not very easy, and the user permissions are complicated."
"For a big company like us with millions of transactions, the scalability isn't enough."
"The solution must provide more AI features."
"There were also scalability issues experienced. When doing multiple data transfer into one table with different users at the same time, the system locked and went into the “Not Responding” mode."
"The solution could include the retail tool in the native version. Currently, it is sold as a separate product."
"For Microsoft Dynamics 365 Business Central, every time we need to make an adjustment, we must make a payment, which is slightly expensive for us as an organization."
 

Pricing and Cost Advice

"We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
"You have to pay a yearly licensing fee for the solution."
"We have a perpetual license to use Microsoft Dynamics NAV."
"Its licensing is yearly. In addition to the licensing cost, there is the cost of hosting on Azure."
"I give the solution a seven out of ten for pricing."
"The price of the solution could be reduced to improve their offering."
"The price of Microsoft Dynamics 365 Business Central is reasonable. We pay monthly for the use of the solution."
"Microsoft Dynamics NAV has a pay-as-you-use payment model."
"I think the pricing is the best; it's cost effective for sure."
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Top Industries

By visitors reading reviews
Manufacturing Company
22%
Comms Service Provider
9%
Outsourcing Company
7%
Computer Software Company
5%
Manufacturing Company
11%
Outsourcing Company
10%
Construction Company
9%
Comms Service Provider
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business43
Midsize Enterprise12
Large Enterprise19
 

Questions from the Community

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Is it advisable to purchase Dynamics CRM in addition to NAV 2016?
Short answer: depends on your sales needs. NAV 2016’s built-in CRM is very basic. It’s fine for simple contact management and basic sales tracking, but it lacks: Proper pipeline management Adva...
What is your experience regarding pricing and costs for Microsoft Dynamics NAV?
Microsoft Dynamics NAV pricing can vary significantly depending on the number of users, deployment model, customizations, and implementation scope. In my experience, the software license is only pa...
What needs improvement with Microsoft Dynamics NAV?
For Microsoft Dynamics 365 Business Central, every time we need to make an adjustment, we must make a payment, which is slightly expensive for us as an organization. There are certain modifications...
 

Also Known As

Enterprise IQ
Dynamics NAV, MS Dynamics NAV
 

Overview

 

Sample Customers

Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
Harris Farm Markets, Mister Spex GmbH, Bounce Foods, Eurofin Services SA, Medica Medizintechnik, Associated Gaskets, Onduline, Sitka Surfboard Corporation, World Animal Protection
Find out what your peers are saying about SAP, Oracle, Microsoft and others in ERP. Updated: August 2026.
913,806 professionals have used our research since 2012.