NetSuite Comparison

How Does Netsuite Compare?

Thousands of businesses around the world have already shifted from on-premise systems to cloud-based software like SAP, Oracle, Sage, Intuit Quickbooks, and Microsoft Dynamics (Great Plains). Businesses of all sizes are cutting costs, improving productivity and integrating their sales and financial processes by implementing cloud technology.


So how is NetSuite compared to its competitors? To begin, only NetSuite provides a complete and accurate view of the customer, allowing sales executives to see invoices, order status, purchase history, fulfillment, and package tracking.

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Here’s a Breakdown of NetSuite’s Top Competitors:
NetSuite vs Microsoft Dynamics (Great Plains)
  • Total cost of ownership.
    NetSuite has a significantly lower TCO, while MS Dynamics is too big, too expensive, too complex and too slow.
  • Cloud-based Solution.
    MS Dynamics GP is not built for the Cloud. It does not include a Cloud development platform for workflow and extending apps.
  • Business Processes.
    MS Dynamics GP does not have CRM, eCommerce, shipping integration, self-service, or returns automation functionality.
  • Real-time visibility.
    MS Dynamics GP requires customers tie together disparate systems, limiting the flow of data and keeping users from metrics to manage growth.
NetSuite vs QuickBooks
  • Accounting .
    While QuickBooks focuses only on accounting, NetSuite supports all of your accounting, sales, inventory, fulfillment and ecommerce operations in one suite.
  • Access.
    Most QuickBooks users choose the Desktop version. NetSuite customers only need an Internet browser and a laptop, smartphone, or tablet.
  • Multi-Location Support.
    Operating with multiple locations or subsidiaries on QuickBooks is difficult. NetSuite fully supports consolidation, inventory transfers, multi-currency, etc.
  • IT costs.
    You have to manage and update the software yourself with QuickBooks. NetSuite runs the application for you.
NetSuite vs SAP
  • Support.
    SAP Business One (B1) receives the lowest level of financial and development support of the company’s three business suites for SMBs.
  • Integration.
    SAP B1 does not provide a standards-based, open architecture for connectivity to partners and other business software apps.
  • Customization.
    NetSuite allows end users to quickly alter fields, layouts, logic, and workflow. SAP B1 requires skilled partners to implement any type of customization.
  • IT complexities and hassles.
    SAP B1 is not a Web-based, on-demand service that eliminates the cost of managing, maintaining, and upgrading business applications.
NetSuite vs Sage
  • Development Cycle and Innovation.
    Sage develops and markets over 48 small business applications and is renowned for slow development cycles and limited innovation. A large number of X3 customers are running an old Adonix version.
  • International Support.
    More than 80% of Sage ERP X3 customers are in EMEA; mostly in French-speaking countries. International customers have experienced poor technical support and service and a lack of partners.
  • Global Accounting and Consolidation.
    Unlike Sage, NetSuite delivers multi-currency business consolidation of financials and real-time roll-up capabilities.
  • True Cloud-Based.
    NetSuite is a true cloud-based business solution. Sage clearly does not understand the cloud and is not committed to leveraging the efficiencies provided by a cloud infrastructure.
NetSuite vs Epicor
  • Total Cost of Ownership.
    Epicor ERP 10 has high licensing costs, excessive hardware requirements, more maintenance requirements, and higher implementation fees.
  • Customer Base.
    Very few organizations are running Epicor 10 – In fact, most customers have yet to move to Epicor 9 because it is too difficult to upgrade.
  • True Cloud.
    NetSuite is a true Cloud-based manufacturing solution. Epicor is not built for the Cloud. It does not include a Cloud development platform for scripting, workflow, & extending apps.
  • Global Support.
    Unlike Epicor, NetSuite does not require multiple installations with data constantly being synced across company locations.
NetSuite vs Infor Lawson
  • Total Cost of Ownership.
    NetSuite has a significantly lower TCO. Infor Enterprise Financial Management (EFM) is big, too expensive, too complex, and too slow.

  • True Cloud.
    NetSuite is a true Cloud-based business solution. Infor EFM is not built for the cloud. It does not support multi-tenancy and does not separate customizations from the underlying code.
  • Overhead.
    Infor EFM deployments require more human resources, including administrators, developers, and support personnel than NetSuite.
  • Complete Business Suite.
    Infor EFM requires integration with several different Infor products (HCM, asset management, etc.) to match the functional breadth of NetSuite.
NetSuite vs. Intacct
  • Growing Businesses.
    Intacct is an accounting point solution that is mostly adopted by one or two-user sites.
  • Multi-national organizations.
    Companies that require real-time financial consolidation, inter-company asset transfers & divisional budgeting choose NetSuite.
  • Vendor Stability.
    Intacct is a small, unprofitable company that has already burned through over $100M in funding and has had significant management turnover.
  • Ease of Use.
    Batch processing of invoices, transaction search, custom report generation, and activity-based costing are just a few of the processes that are significantly easier with NetSuite
NetSuite vs Financial Force
  • Complete Business Suite.
    Dozens of “AppExchange” apps will be required to match the functional breadth of the standard NetSuite deployment.
  • Multi-National Support.
    NetSuite is localized for more countries, better supports local accounting standards, and provides stronger multi-currency support.
  • Ease of Use.
    FinancialForce.com leverages a vertically-focused interface that expects users to constantly scroll up and down to see details. It also requires more “clicks” (i.e. posting a single transaction).
  • Multi-Entity.
    FinancialForce.com has a shoddy implementation of intercompany financials, including eliminations, inventory, sales, etc.
NetSuite vs Deltek
  • Project Accounting.
    Deltek Maconomy cannot match NetSuite’s flexible revenue recognition and project billing (i.e. multiple rules on a per-project basis).
  • Version Lock.
    Deltek Maconomy is a brittle product where customization will often lock customers into a version.
  • Global Solution.
    Maconomy has very few customers outside of the U.K. and Scandinavia. It has problems meeting regional reporting and accounting standards.
NetSuite vs SalesForce
  • Complete Customer View.
    Unlinke Salesforce, NetSuite allows sales executives to see customer purchase history, invoices, order status, package tracking, fulfillment, etc.
  • Customization.
    NetSuite goes beyond simple field additions and layout changes to support full customization of the Web-native on-demand product.
  • Advanced Analytics.
    Only NetSuite includes packaged reports and dashboards that combine sales, service, financial, and inventory / project data.
  • Service Level Agreements.
    NetSuite guarantees uptime at 99.5% or your money back. salesforce.com offers no SLA, only committing to “commercially reasonable efforts”
NetSuite vs Workday
  • Complete Business Platform.
    Despite marketing claims, Workday primarily provides Human Resource Management software with some extended financial capabilities.

  • Customer Base.
    Workday has less than 250 customers in total and less than 40 that are using the add-on financial management capabilities.
  • Third Party Application Support.
    Workday is not supported by thousands of third-party developers with advanced industry and business-specific applications.
  • Global Organizations.
    Companies that require real-time financial consolidation, inter-company asset transfers, and divisional budgeting choose NetSuite.

netsuite comparison

NetSuite Comparison vs. Microsoft Dynamics (Great Plains)

Microsoft Dynamics

  • Total cost of ownership.
    NetSuite has a significantly lower TCO, while MS Dynamics is too big, too expensive, too complex and too slow.
  • Cloud-based Solution.
    MS Dynamics GP is not built for the Cloud. It does not include a Cloud development platform for workflow and extending apps.
  • Business Processes.
    MS Dynamics GP does not have CRM, eCommerce, shipping integration, self-service, or returns automation functionality.
  • Real-time visibility.
    MS Dynamics GP requires customers tie together disparate systems, limiting the flow of data and keeping users from metrics to manage growth.

NetSuite Comparison vs. QuickBooks

QuickBooks

  • Accounting .
    While QuickBooks focuses only on accounting, NetSuite supports all of your accounting, sales, inventory, fulfillment and ecommerce operations in one suite.
  • Access.
    Most QuickBooks users choose the Desktop version. NetSuite customers only need an Internet browser and a laptop, smartphone, or tablet.
  • Multi-Location Support.
    Operating with multiple locations or subsidiaries on QuickBooks is difficult. NetSuite fully supports consolidation, inventory transfers, multi-currency, etc.
  • IT costs
    You have to manage and update the software yourself with QuickBooks. NetSuite runs the application for you.

NetSuite Comparison vs. SAP

SAP

  • Support.
    SAP Business One (B1) receives the lowest level of financial and development support of the company’s three business suites for SMBs.
  • Integration.
    SAP B1 does not provide a standards-based, open architecture for connectivity to partners and other business software apps.
  • Customization.
    NetSuite allows end users to quickly alter fields, layouts, logic, and workflow. SAP B1 requires skilled partners to implement any type of customization.
  • IT complexities and hassles.
    SAP B1 is not a Web-based, on-demand service that eliminates the cost of managing, maintaining, and upgrading business applications.

NetSuite Comparison vs. Sage

Sage

  • Development Cycle and Innovation
    Sage develops and markets over 48 small business applications and is renowned for slow development cycles and limited innovation. A large number of X3 customers are running an old Adonix version.
  • International Support
    More than 80% of Sage ERP X3 customers are in EMEA; mostly in French-speaking countries. International customers have experienced poor technical support and service and a lack of partners.
  • Global Accounting and Consolidation
    Unlike Sage, NetSuite delivers multi-currency business consolidation of financials and real-time roll-up capabilities.
  • Cloud-Based
    NetSuite is a true cloud-based business solution. Sage clearly does not understand the cloud and is not committed to leveraging the efficiencies provided by a cloud infrastructure.

NetSuite Comparison vs. Oracle

Oracle

  • Total cost of ownership.
    NetSuite has a significantly lower TCO. Oracle ERP Cloud applications are too big, too expensive, too complex, and too slow.
  • Overhead.
    NetSuite requires minimal overhead. Oracle ERP Cloud deployments require more human resources, including administrators, developers, and support personnel than NetSuite.
  • Customer Base.
    NetSuite is proven at over 20,000 organizations. Oracle ERP Cloud has less than 1,000 customers in production and less than 100 using the Financials product offering.
  • Multi-Tier.
    NetSuite better supports multi-tier ERP deployments. Oracle ERP Cloud can only be used in conjunction with very specific versions of Oracle legacy applications.

NetSuite Comparison vs. Epicor

Epicor

  • Total Cost of Ownership.
    Epicor ERP 10 has high licensing costs, excessive hardware requirements, more maintenance requirements, and higher implementation fees.
  • Customer Base
    Very few organizations are running Epicor 10 – In fact, most customers have yet to move to Epicor 9 because it is too difficult to upgrade.
  • True-Cloud
    NetSuite is a true Cloud-based manufacturing solution. Epicor is not built for the Cloud. It does not include a Cloud development platform for scripting, workflow, & extending apps.
  • Global Support
    Unlike Epicor, NetSuite does not require multiple installations with data constantly being synced across company locations.

NetSuite Comparison vs. Infor Lawson

Infor Lawson

  • Total Cost of Ownership
    NetSuite has a significantly lower TCO. Infor Enterprise Financial Management (EFM) is big, too expensive, too complex, and too slow.
  • True Cloud
    NetSuite is a true Cloud-based business solution. Infor EFM is not built for the cloud. It does not support multi-tenancy and does not separate customizations from the underlying code.
  • Overhead.
    Infor EFM deployments require more human resources, including administrators, developers, and support personnel than NetSuite.
  • Complete Business Suite.
    Infor EFM requires integration with several different Infor products (HCM, asset management, etc.) to match the functional breadth of NetSuite.

NetSuite Comparison vs. Intacct

Intacct

  • Growing Businesses.
    Intacct is an accounting point solution that is mostly adopted by one or two-user sites.
  • Third Party Application Support.
    Unlike NetSuite, Intacct is not supported by thousands of third-party developers with advanced industry and business-specific applications.
  • Vendor Stability.
    Intacct is a small, unprofitable company that has already burned through over $100M in funding and has had significant management turnover.
  • Ease of Use.
    Batch processing of invoices, transaction search, custom report generation, and activity-based costing are just a few of the processes that are significantly easier with NetSuite

NetSuite Comparison vs. Financial Force

Financial Force

  • Complete Business Suite.
    Dozens of “AppExchange” apps will be required to match the functional breadth of the standard NetSuite deployment.
  • Multi-National Support.
    NetSuite is localized for more countries, better supports local accounting standards, and provides stronger multi-currency support.
  • Ease of Use.
    FinancialForce.com leverages a vertically-focused interface that expects users to constantly scroll up and down to see details. It also requires more “clicks” (i.e. posting a single transaction).
  • Multi-Entity.
    FinancialForce.com has a shoddy implementation of intercompany financials, including eliminations, inventory, sales, etc.

NetSuite Comparison vs. Deltek

Deltek Maconomy

  • Project Accounting.
    Deltek Maconomy cannot match NetSuite’s flexible revenue recognition and project billing (i.e. multiple rules on a per-project basis).
  • Version Lock.
    Deltek Maconomy is a brittle product where customization will often lock customers into a version.
  • Global Solution.
    Maconomy has very few customers outside of the U.K. and Scandinavia. It has problems meeting regional reporting and accounting standards.

NetSuite Comparison vs. Sales Force

Salesforce

  • Complete Customer View.
    Unlinke Salesforce, NetSuite allows sales executives to see customer purchase history, invoices, order status, package tracking, fulfillment, etc.
  • Customization.
    NetSuite goes beyond simple field additions and layout changes to support full customization of the Web-native on-demand product.
  • Advanced Analytics.
    Only NetSuite includes packaged reports and dashboards that combine sales, service, financial, and inventory / project data.
  • Service Level Agreements.
    NetSuite guarantees uptime at 99.5% or your money back. salesforce.com offers no SLA, only committing to “commercially reasonable efforts”

NetSuite Comparison vs. Workday

Workday

  • Complete Business Platform.
    Despite marketing claims, Workday primarily provides Human Resource Management software with some extended financial capabilities.
  • Customer Base.
    Workday has less than 250 customers in total and less than 40 that are using the add-on financial management capabilities.
  • Third Party Application Support.
    Workday is not supported by thousands of third-party developers with advanced industry and business-specific applications.
  • Global Organizations.
    Companies that require real-time financial consolidation, inter-company asset transfers, and divisional budgeting choose NetSuite.