Debunking Wiise's Competitors' Myths: The Truth About Wiise ERP

When evaluating ERP solutions, it’s common to come across a range of claims, some more accurate than others.

Over the years, we have heard a range of misconceptions about Wiise, particularly around our technology, pricing, Artificial Intelligence, and support. Let’s take a closer look and clear up any confusion.

Myth #1: Wiise is built on outdated technology

Wiise is built on Microsoft's world-class Dynamics 365 Business Central ERP platform, and comes with further enhancements in financial and supply chain operations, reporting and insights, and localised, industry-specific configuration for Australian and New Zealand businesses.

Being built on Microsoft Dynamics 365 Business Central, means that Wiise includes all of the capabilities of Business Central, with world-class security and stability, seamless integrations with Microsoft products such as Microsoft 365, Microsoft Dynamics and Microsoft Power Platforms, and cutting-edge innovation (including Microsoft Copilot AI) that keeps your business at the forefront of innovation.

Here's an example of how Wiise works within Microsoft Outlook, Teams and Excel:

Customers of Wiise have their data stored in the same secure cloud environment, with regional data centres (Australia and New Zealand) that all Microsoft Business Central customers are in, ensuring enterprise-grade security backed by Microsoft’s compliance standards, and access to the latest innovations released by Microsoft. 

Microsoft releases minor updates monthly and two major updates to Business Central each year. In addition to all the updates that Microsoft releases, Wiise updates with new features and enhancements every month, and is kept in sync with every Microsoft release, so you always have access to the latest version of Business Central.

Myth #2: The true cost of Wiise vs. its competitors

At first glance, some ERP providers may seem more affordable, but hidden costs, expensive add-ons, and unpredictable upgrades often drive up the total price.

Wiise eliminates these concerns with a transparent, subscription-based model that includes everything businesses need, without surprise expenses.

Many competitors advertise a lower upfront price, but businesses soon find themselves paying extra for:

• Add-ons for essential features like advanced financials, inventory management, and analytics
• Higher service tiers just to unlock basic scalability
• Costly security and compliance updates that Wiise includes by default

While other ERP solutions may seem cheaper initially, their long-term costs quickly add up. Wiise offers a cost-effective, scalable ERP designed for sustainable growth, without the extra price tags.

Check out our pricing page to learn more.

Myth #3: Wiise's competitors offer better Multi-Entity Management (MEM)

Wiise’s embedded Binary Stream’s Multi-Entity Management (MEM) solution makes managing complex, multi-company operations seamless and scalable. Binary stream is embedded (not integrated) with Wiise, which means no third-party platforms or workarounds are required.

Together with our software partner Binary Stream, Wiise empowers finance teams to:

• Automate inter-company transactions across all Business Central modules, from payables to journal entries, within a single environment.
• Consolidate financials for multiple entities in real time, eliminating delays and manual reconciliation.
• Simplify compliance with global standards like IFRS and GAAP using built-in automation.
• Scale with ease, adding new entities in just a few clicks without disrupting operations.
• Gain a single source of truth, with unified master records shared across all entities to ensure data integrity and reduce duplication.

With Wiise and Binary Stream MEM, we’re delivering what modern, fast-growing businesses really need.

Learn more about our software partner Binary Stream.

Myth #4: Wiise requires a middleware layer to connect it with other Microsoft products

Wiise doesn’t need a middleware layer to connect with Microsoft products, it is Microsoft technology at its core.

Wiise is built on Microsoft Dynamics 365 Business Central and runs entirely on the Azure cloud platform, which means it integrates natively with the Microsoft ecosystem, no extra layers, connectors, or bolt-ons required.

That includes seamless integration with:

• Microsoft 365 - allowing you to use Wiise within Outlook, Teams and Excel.
• Microsoft Dynamics 365 products - providing advanced functionality and bi-directional syncing of data across Dynamics products, to scale your operations and tailor our platform to evolving business needs.
• Microsoft Power Platform - like Power BI, Power Apps, Power Automate, and Power Virtual Agents to effortless automate tasks and gain additional insights.
• Microsoft Dataverse - for unified data storage and cross-app workflows.
• Azure Active Directory - for secure, role-based access and single sign-on.
  
  

Because it’s built on Microsoft Dynamics 365, Wiise allows you to automate workflows, access real-time insights, and collaborate across tools effortlessly.

Whether you're generating quotes in Outlook, visualising data in Power BI, or triggering automated approvals via Power Automate, it’s all connected.

Myth #5: Wiise competitors offer better support

Some believe that Wiise’s competitors provide superior support, but for businesses in Australia and New Zealand, Wiise offers a clear advantage with local expertise and a dedicated partner network tailored to the region.

Here’s what Wiise provides:

• Local ANZ-based support: Fast response times with deep understanding of ANZ compliance and business needs.
• 28+ dedicated ERP partners: Ensuring businesses receive the right level of support and expertise tailored to their needs. Check out the full list here.

Competitors rely on U.S.-based teams, leading to time-zone delays and generalised support that may not cater to ANZ-specific needs. Wiise offers local support that understands your business.

Furthermore, Wiise provides additional support such as:

• Support guide: Guidance on how to raise support requests so that your request is efficiently resolved.
• Knowledge base: Visit our knowledge base for how-to guides, videos and articles.
• Wiise Academy: Find courses to support your learning in Wiise Academy.
• Wiise Copilot: Harness the power of AI to get help about how to use Wiise.
  
  

Myth #6: Wiise doesn't have leading practice built in

The belief that only certain ERP systems deliver "leading practices" overlooks the deep expertise built into Wiise.

Wiise is built on Microsoft's world-leading Business Central platform and backed by KPMG, one of the world’s most trusted advisory firms. This powerful combination ensures your business benefits from cutting-edge technology and strategic, industry-specific guidance, all built in.

• Continuous improvement through Microsoft’s integrated feedback system
  
  Microsoft now supports over 45,000 SMBs globally and collects ongoing feedback to shape its product roadmap. Through frequent product updates, enhancements, and real-world input, Wiise constantly evolves to reflect global best practices and customer needs.
• Embedded expertise from KPMG
  
  Wiise is developed in partnership with KPMG Australia, giving businesses access to proven frameworks and advisory knowledge from over 12,000 professionals across ANZ. These experts bring deep experience in helping local businesses optimise operations, comply with regulations, and apply leading practice specific to their industry. Check out the latest market insights. 
  
• A community of experts and partners
  
  Wiise also draws on a large network of independent software vendors (ISVs) like Tasklet, Binary Stream, and others who provide specialist functionality, from warehouse mobility to advanced multi-entity management. On top of that, Wiise works with local ERP partners,  often small business owners themselves, who bring hands-on industry knowledge and practical expertise to every implementation.
  
  

Myth #7: Wiise doesn’t scale

It’s a common misconception that Wiise, or Business Central more broadly, is only suitable for small businesses. The truth is, Wiise is designed to scale, supporting businesses as they grow in size, complexity, and operational scope.

Built on Microsoft Dynamics 365 Business Central and hosted on the Azure cloud, Wiise provides the scalability, flexibility, and performance needed to support everything from growing startups to large, multi-entity organisations. Whether you’re expanding across states, launching new product lines, or acquiring new entities, Wiise scales with you, without the overhead of traditional enterprise systems.

Here’s how Wiise supports scale:

• Add users, entities, and locations easily, without re-platforming
• Automate and streamline inter-company transactions, with solutions like Binary Stream’s MEM
• Extend functionality through Microsoft’s Dynamics, Power Platform, ISV partners, and APIs
• Run real-time reporting and insights across your entire business, and build advanced real-time reports using Power BI.
• Onboard new teams quickly, thanks to familiar Microsoft interfaces and secure cloud access
  
  

Why Wiise?

In today’s fast-moving business world, your ERP should do more than just manage operations, it should drive efficiency, enable smarter decisions, and support long-term growth.

Wiise delivers exactly that. With transparent pricing, built-in AI, seamless automation, and expert local support, it’s an all-in-one ERP built to scale with your business, without hidden costs or compromises.

Don’t get held back by outdated systems, expensive bolt-ons, or overseas delays.

Choose Wiise, the modern ERP designed specifically for growing businesses in Australia and New Zealand. Book a demo today.