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Netsuite ERP VS Oracle NetSuite

Compare Netsuite ERP VS Oracle NetSuite and see what are their differences

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Omni-Channel SaaS Solution Suite for Retail, Wholesale & eCommerce businesses featured
Contents:
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  3. » Reviews
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Netsuite ERP logo Netsuite ERP

Cloud-based ERP software.

Oracle NetSuite logo Oracle NetSuite

NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.
  • Netsuite ERP Landing page
    Landing page //
    2023-09-22
  • Oracle NetSuite Landing page
    Landing page //
    2021-10-08

Netsuite ERP features and specs

  • Comprehensive Functionality
    NetSuite ERP offers a wide range of modules and features covering financials, CRM, eCommerce, inventory management, and more. This makes it a comprehensive solution for businesses looking for an all-in-one platform.
  • Cloud-Based
    Being a cloud-based solution, NetSuite ERP provides accessibility from anywhere with an internet connection. This feature also facilitates automatic updates and maintenance.
  • Customizability
    NetSuite ERP can be tailored to fit the specific needs of various industries and businesses. It offers extensive customization options to meet unique business processes and requirements.
  • Scalability
    As a scalable solution, NetSuite ERP can grow with your business. It is capable of handling the increased complexity and size of expanding businesses.
  • Real-Time Metrics
    The platform offers real-time data, reports, and dashboards, enabling businesses to make informed decisions quickly and efficiently.

Possible disadvantages of Netsuite ERP

  • Cost
    NetSuite ERP can be expensive, particularly for smaller businesses. The costs include subscription fees, implementation fees, and ongoing maintenance costs.
  • Complexity
    Its extensive features and customization options can make the platform complex and may require significant time and resources for implementation and training.
  • Customization Challenges
    While the system is highly customizable, extensive customizations can lead to complicated maintenance and may require specialized expertise to manage.
  • Limited Offline Access
    As a cloud-based solution, NetSuite ERP relies on internet connectivity. Limited offline access can be a drawback for businesses in areas with unstable internet connections.
  • Vendor Lock-In
    Switching from NetSuite ERP to another platform can be challenging and costly due to the degree of integration and customization that businesses may undergo with the system.

Oracle NetSuite features and specs

  • Integrated Suite
    Oracle NetSuite provides an all-in-one solution that integrates various business functions such as ERP, CRM, E-commerce, and more, reducing the need for multiple disparate systems.
  • Scalability
    The platform is highly scalable, suitable for businesses of all sizes, and can grow with the organization, accommodating increasing business needs and complexity.
  • Cloud-Based
    Being a cloud-based solution, NetSuite eliminates the need for on-premise hardware, reducing IT costs and allowing access from anywhere with an internet connection.
  • Real-time Data
    NetSuite offers real-time dashboards and analytics, providing immediate insights into business performance and helping in making informed decisions quickly.
  • Customization
    The platform is highly customizable, allowing businesses to tailor workflows, reports, and user roles to align perfectly with their unique processes.
  • Global Reach
    NetSuite supports multiple languages, currencies, and tax regulations, making it ideal for businesses that operate in multiple countries.

Possible disadvantages of Oracle NetSuite

  • Cost
    The pricing of Oracle NetSuite can be high, particularly for small to medium-sized businesses, and includes various modules that can add to overall expenses.
  • Complexity
    With its extensive feature set, NetSuite can be complex to implement and may require considerable time and resources for training staff and configuring the system.
  • Customer Support
    Some users report that customer support can be inconsistent, with longer response times and varying levels of service quality.
  • Customization Difficulty
    While highly customizable, some customizations can be difficult to implement and may require the help of specialized developers or consultants, adding to the cost.
  • Dependency on Internet
    As a cloud-based solution, NetSuite's performance is entirely dependent on the quality and reliability of the internet connection, which can be a disadvantage in areas with poor connectivity.
  • Implementation Time
    The process of fully implementing NetSuite can be lengthy, requiring significant time investment from the business, which may disrupt normal operations during the transition period.

Netsuite ERP videos

+ Add

Independent Review of Oracle Netsuite ERP | Small Business Accounting Software or Enterprise Ready?

Oracle NetSuite videos

+ Add

Independent Review of Oracle Netsuite ERP | Small Business Accounting Software or Enterprise Ready?

More videos:

  • Review - Microsoft Dynamics 365 vs. NetSuite: An Unbiased Comparison
  • Demo - Oracle NetSuite Product Demo
  • Review - Oracle NetSuite Review: Key Modules, Pros And Cons, And Alternatives
  • Review - Oracle NetSuite ERP Implementation Challenges Revealed [Common Risks and Pitfalls]
  • Review - What is Oracle NetSuite? Introduction to NetSuite ERP for Small and Mid-Size Business

Category Popularity

0-100% (relative to Netsuite ERP and Oracle NetSuite)

Netsuite ERP

Oracle NetSuite

ERP
23 23%
ERP
77% 77
Accounting & Finance
27 27%
Accounting & Finance
73% 73
CRM
17 17%
CRM
83% 83
Accounting
26 26%
Accounting
74% 74

User comments

Share your experience with using Netsuite ERP and Oracle NetSuite. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Netsuite ERP and Oracle NetSuite

Netsuite ERP Reviews

Best Inventory Management Software of 2020
Pros & Cons of NetSuite ERP Software Netsuite ERP is fast, effective, and efficient. It introduces automation to purchase orders, invoices and reports, provides tracking that keeps people accountable and provides everybody in the organization with access to the information that they need in real time. This cuts down on time-wasting correspondence and inquiries. The system...
Source: digital.com

Oracle NetSuite Reviews

Top 10 QuickBooks Alternatives (Free/Paid)
Netsuite is the best accounting software from Oracle that offers the business's financial performance in real-time and is one of the alternatives to Quickbooks Desktop. It also takes care of both account payables and receivables. NetSuite is a leading cloud-based ERP (Enterprise Resource Planning) software that offers a comprehensive suite of applications, including...
Source: www.geeksforgeeks.org
Top 9 Odoo Alternatives
NetSuite’s intelligence user interface provides users with pertinent business data within the system, allowing them to understand their tasks and how they contribute to the business. With over 24,000 customers in more than 200 countries worldwide, Oracle NetSuite has proven itself as a reliable and robust ERP solution.
Source: softwareconnect.com
9 Small Business Inventory Management Software
With NetSuite, you're getting a cloud-based financial management system that integrates seamlessly with inventory, CRM, and eCommerce. As a small business owner, this unification is pivotal for making data-driven decisions, from tracking real-time inventory to evaluating customer interaction.
Source: www.zarmoney.com
12 Best Asset Management Software For IT Teams In 2023
Why I picked NetSuite: I chose NetSuite for its ability to help organizations track depreciating assets and leased equipment like vehicles, buildings, and machinery. In my opinion, the platform is also one of the most practical, time-saving solutions to take on a variety of business functions like HR and finance.
Source: thectoclub.com
Top 10 Competitors and Alternatives to Handshake in 2022
‍NetSuite's Suite eCommerce software offers a wide range of features, and it possesses an order management system that can manage and work with orders from various mediums. NetSuite eCommerce aims to be an all-in-all eCommerce platform that doesn't require the need for integration with other platforms and mediums. It's robust and most suited for more prominent companies and...
Source: www.growmax.io

What are some alternatives?

When comparing Netsuite ERP and Oracle NetSuite, you can also consider the following products

SAP ERP - SAP ERP is enterprise resource planning software developed by the German company SAP SE.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

ERPNext - The ERP Software that helps you take full control of your business. ERPNext is both powerful and easy to use.

Odoo - An all-integrated business app suite to unleash your growth potential.

Xero - Xero is online accounting for your small business.

Exact - Exact offers ERP, CRM, HRM, financial software, accounting solutions.

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