An enterprise resource planning (ERP) system has the potential to dramatically transform business operations — from building more efficient workflows to improving cross-departmental collaboration and reducing costs across their entire operations. To succeed, companies need to select the right solution to meet their specific needs, such as industry-specific compliance capabilities or adapting workflows to unique business processes.

This article is intended to help companies choose the right solution by filtering out the noise to determine how other leading ERP solutions compare with NetSuite, one of the most popular ERP systems in the world. The following comparisons evaluate key criteria, including benefits, features, limitations, pricing, deployment options and platform. Pricing is evaluated on a scale, with $ representing the most affordable option and $$$$ the most expensive. For the sake of comparison, NetSuite’s subscription-based ERP pricing is $$.

NetSuite ERP Overview

Before we delve into detailed comparisons, let’s review some key characteristics of NetSuite ERP. NetSuite launched the first fully cloud-based financial system in 1998 and now has more than 37,000 customers in 200-plus countries, with annual revenue estimated at more than $4 billion. The company’s tightly connected suite of enterprise applications, with natively integrated components, or modules, for finance, HR, CRM, SCM and manufacturing, is a key differentiator. Not only does an integrated suite make it possible for data to be entered in one system and then automatically updated in the system’s other applications, but it also creates a single, unified database of real-time, companywide information — a powerful tool for up-to-date insights that reflect how each part of the business impacts others.

Beyond its deep feature set, NetSuite can scale to handle large transaction volumes and data sets, as well as significant numbers of users. NetSuite also allows for high levels of customization and integration. The company’s SuiteCloud application, for example, is a low-code visual tool that even nontechnical users can customize. NetSuite’s SuiteApp marketplace also offers more than 600 prebuilt integrations and add-ons to extend capabilities while maintaining a unified database.

Who Are NetSuite’s Competitors?

With so many enterprise capabilities and types of ERPs, NetSuite’s competition includes virtually any point solution that offers similar features to one of its modules, as well as more comprehensive ERP solutions that include multiple modules. But choosing an ERP solution can feel like walking a tightrope blindfolded. Each competitor has its own strengths and features. Some specialize in serving large enterprises with complex needs, while others target specific industries. Each offers varying degrees of cloud, on-premises or hybrid deployment options. Small and midmarket ERP providers often target businesses looking for a balance between features and affordability. Larger competitors, while typically more expensive, often provide wide and deep feature sets and emphasize scalability and customization. This article narrows the comparison to NetSuite’s larger, direct ERP competitors (Sage Intacct, SAP, Salesforce, Acumatica, Microsoft and Epicor), as well as some accounting-focused solutions for smaller businesses (QuickBooks and Xero).

Key Takeaways

  • NetSuite is one of the world’s most popular ERP systems.
  • Its competitors include comprehensive ERP solutions, such as those offered by Microsoft and SAP, as well as narrower, targeted solutions for specific capabilities, such as QuickBooks, or specific industries, such as Epicor.
  • Most comprehensive ERP providers offer components for finance, HR, CRM, SCM and manufacturing, although they can sometimes have different codebases that require extensive integration and cost.
  • Systems with more targeted capabilities often cost less than comprehensive ERP systems, but their features can be more limited, and scaling to add more capabilities can be complex and costly.

NetSuite vs. Sage

Sage Intacct primarily serves U.S.-centric lower midmarket businesses with two primary ERP products: Sage Intacct and Sage X3, with the latter focusing on companies with more complex manufacturing processes. Sage Intacct also offers multiple ERP solutions for smaller businesses and specific industries, such as construction, hospitality and wholesale distribution. Its ERP solutions focus on financial management and accounting, with additional capabilities, such as HR, CRM, manufacturing, SCM and ecommerce, available via integrations. Sage X3 offers more native functionality, particularly for CRM and manufacturing.

  • Benefits: Sage Intacct began as a cloud-based financial solution and offers robust features in this area, including project accounting and resource management. For smaller organizations that aren’t looking for more than financial management capabilities, Sage Intacct can be an affordable, albeit limited, solution. Sage Intacct also features a user-friendly interface with a high degree of customizability to tailor dashboards and reports to suit specific needs. Sage X3 is particularly strong in wholesale distribution.
  • Features: Both Sage Intacct and NetSuite offer comprehensive financial capabilities, including accounting, general ledger maintenance, revenue recognition, multicompany consolidation and global tax management. Sage Intacct’s Dimensions feature increases visibility by building different views from drop-down selections in reports. It includes features for subscription billing, allocations and hybrid billing. The company’s Intelligent General Ledger uses artificial intelligence (AI) to review extensive business transactions and detect outlier data. Sage X3 also includes extensive capabilities for warehouse and inventory management.
  • Limitations: Sage Intacct is primarily built for English-speaking customers, although Sage X3 also caters to international businesses. Sage Intacct has limited, if any, native functionality for HR, CRM, SCM and manufacturing. Integrations or add-ons are required for additional capabilities, which come with additional fees and resource requirements that increase total cost of ownership (TCO). CRM capability is available via an integration with Salesforce. HR features can be added with the purchase of a separate module, and production and SCM capabilities are limited. Sage X3, however, has a native CRM. Sage Intacct also lacks NetSuite’s native customizable reporting capabilities. In addition, compared with NetSuite, Sage Intacct has a much smaller professional services team to assist with implementation. As a result, most customers use implementation partners. NetSuite, on the other hand, offers its SuiteSuccess implementation methodology, with industry-specific best practices that guide implementation in as few as 100 days. NetSuite also has a large professional services department and a large network of implementation partners.
  • Price: $$. Pricing is subscription-based.
  • Deployment: Sage Intacct is a cloud-based solution. Sage X3 is available in the cloud or on-premises.
  • Platform: NetSuite and Sage Intacct both offer tools that use industry-standard JavaScript to help customers and partners develop customizations, functionality and applications. They also provide integrated development environments (IDEs) and application programming interfaces (APIs) to connect other applications to their platforms. In addition, Sage Intacct offers some customization and integrations using open, XML-based APIs and software development kits (SDKs), but not as much as NetSuite.
  • Company size: Sage Intacct’s 2023 U.S. revenue was $485 million for the fiscal year ended Sept. 30, 2024.

NetSuite vs. QuickBooks

Compared with NetSuite’s comprehensive suite of integrated applications for running an entire business, QuickBooks, owned by Intuit, is more of a targeted accounting solution for small businesses. It offers capabilities for invoicing, payroll, mileage tracking and other basic financial functions, as well as some limited inventory features. QuickBooks comes in two versions: QuickBooks Online, a cloud-based accounting tool for small businesses, and QuickBooks Enterprise, a desktop solution that can be installed locally or hosted on a cloud server and has a more robust feature set suited to small and midsize businesses (SMBs). QuickBooks Desktop also includes several versions, such as Pro Plus, Premier Plus, Mac Plus and Desktop Enhanced Payroll, although new subscriptions will no longer be sold for any of them after July 31, 2024. Desktop Plus and Desktop Payroll customers, however, can renew their subscriptions after that date, and the company will continue to provide updates and support. Desktop Enterprise customers are not affected.

  • Benefits: For SMBs that don’t require more than accounting capabilities, QuickBooks is a well-known, affordable solution. It features a user-friendly interface and intuitive design that beginners find easy to navigate without significant training. The QuickBooks Online app store offers simple, seamless integrations with third-party applications that can provide additional capabilities, such as ecommerce, expense management, CRM and forecasting.
  • Features: QuickBooks Online users can track income and expenses, connect bank and credit card accounts and create financial reports, such as income statements and balance sheet reports. QuickBooks Enterprise also has some inventory management functionality, but it’s limited and relies on third-party integrations for advanced features. In addition, detailed reporting may require exporting spreadsheets and viewing data in and across separate platforms.
  • Limitations: As previously mentioned, QuickBooks offers limited capabilities beyond accounting and some inventory management. But companies with more than 50 users may want more advanced financial capabilities, such as revenue recognition and subscription billing, as well as native functionality for HR, CRM, manufacturing and SCM. To get the capabilities available in NetSuite, QuickBooks customers will need to purchase additional applications. If those systems can’t be easily integrated, companies will need to maintain separate applications, with distinct workflows and databases, which can increase data-entry errors and make it difficult to consolidate data for a unified, real-time view.
  • Price: $. Pricing is subscription-based.
  • Deployment: QuickBooks Online is a cloud-based solution. QuickBooks Enterprise is a desktop solution that can also be hosted locally or on a cloud server.
  • Platform: QuickBooks serves small and midsize businesses well, but its lack of advanced accounting, HR and CRM capabilities makes it unable to scale with growing businesses. QuickBooks customizations and automation are much more limited than NetSuite. For example, QuickBooks Online Advanced customers can set high-level user permissions from preset roles. NetSuite customers, on the other hand, can create roles for each employee and customize permissions for those roles. The QuickBooks Online app store has more than 750 prebuilt integrations with third-party apps. QuickBooks Desktop features more than 250 apps in its marketplace.
  • Company size: Intuit reported total sales of $16.29 billion for the year ended Oct. 31, 2024. It does not break out sales for QuickBooks.

NetSuite vs. SAP

SAP offers three ERP products targeting companies of all sizes. SAP Business One targets SMBs. SAP Business ByDesign also targets SMBs, with a focus on manufacturing, wholesale distribution and professional services industries. (SAP stated it will no longer add new functionality to the product after Q2 2023.) SAP S/4HANA is SAP’s flagship ERP product for large enterprises. SAP’s ERP solutions bundle finance, HR, CRM, SCM and manufacturing modules as part of a standard offering. SAP Business One customers can opt out of its CRM module. Otherwise, customers either purchase everything or find another solution.

  • Benefits: Like NetSuite, SAP’s ERP offerings are comprehensive, including modules for finance, HR, CRM, SCM and manufacturing. SAP S/4HANA is built on SAP’s in-memory database technology, which helps large enterprises that require real-time processing of significant amounts of data. It also features advanced analytics, AI, machine learning (ML), automation and integration capabilities.
  • Features: All three SAP solutions offer finance capabilities and support inventory management, manufacturing, professional services and human resources to varying degrees. Expanded capabilities for analytics, HR, CRM, procurement, expense management and ecommerce are available via integrations, though, in some cases, companies are forced to use complementary SAP software designed for larger businesses because there are no suitable alternatives.
  • Limitations: SAP’s multiproduct strategy can create challenges for companies as they grow. For example, Business One is ideally suited for companies with fewer than 350 users, so additional users can lead to performance issues. As a result, growing customers may need to move to an entirely new system — Business ByDesign, S/4HANA or a system from a different provider. Some core features for SAP’s ERP solutions also require complex integrations with other SAP products because they’re built on different codebases. In addition, S/4HANA is limited in its customization capability, requiring customers to adhere to SAP-preconfigured business processes or develop functionality outside the product’s framework.
  • Price: $$$ for Business One. $$$$ for S/4HANA.
  • Deployment: SAP Business One is available in cloud and hosted-cloud environments. SAP S/4HANA is available for cloud and on-premises deployments. SAP Business ByDesign is a cloud-based solution.
  • Platform: Customizations can sometimes be rigid with SAP’s ERP products. Customizing Business One, for example, requires Microsoft Visual Basic, which may necessitate additional resources. Business ByDesign and S/4HANA are more standardized than NetSuite, which means less flexibility. S/4HANA Cloud, public edition requires the company’s Self-Service Configuration User Interface (SSCUI) to configure the software. SAP S/4HANA Cloud, private edition allows structural changes to the SAP codebase through the SAP graphical user interface (GUI). In addition, customers can use only SAP-approved APIs for integration with the public cloud version of S/4HANA.
  • Company size: Globally, SAP reported sales of $36.99 billion for the year ended Sept. 30, 2024.

NetSuite vs. Salesforce

Salesforce CRM is a popular cloud-based CRM for companies of all sizes, but it doesn’t natively offer other ERP capabilities, such as finance, HR or manufacturing. Salesforce does, however, boast a large ecosystem of third-party applications and advanced customization capabilities that companies can use to add ERP capabilities similar to NetSuite’s. Both companies offer core CRM functionality, such as salesforce automation; marketing automation; sales forecasting and quota management; upsell, quote and order management; customer service and support; and partner relationship management. Salesforce CRM is sold globally in individual “clouds,” including Sales Cloud, Marketing Cloud, Ecommerce Cloud and Service Cloud.

  • Benefits: Salesforce CRM offers robust features for customer contact management, customizable dashboards, opportunity scoring, email marketing, customer journey building and sales forecasting. Salesforce’s Einstein AI tool offers automation, sales insights, voice assistance and predictive recommendations for its CRM. In addition, its highly customizable platform-as-a-service (PaaS) tool offers developers a low-code environment to build their own applications that can then be deployed without the need for additional hardware or databases. Customers also benefit from Salesforce’s large app marketplace of prebuilt integrations to connect their CRMs with more than 1,000 third-party applications.
  • Features: Salesforce CRM features include sales forecasting, lead management, opportunity tracking and customer service management. Salesforce has no native capabilities for finance, HR, manufacturing or SCM, but the company has a tight partnership with Certinia (formerly FinancialForce), a company launched in 2009 as a joint venture between Salesforce and Unit4 to take advantage of the popularity of Salesforce CRM. Certinia includes features for accounting and finance, billing management, revenue management, financial planning and analysis, procurement, order and inventory management and ERP analytics and reporting.
  • Limitations: Salesforce CRM is a robust application, but it’s still only one component of an enterprise system. To get full ERP functionality like NetSuite’s, Salesforce customers must rely on multiple integrations with third-party applications. And while Salesforce offers advanced customization and integration capabilities, customers may end up introducing more complex integrations and separate databases as they grow, which can create inefficiencies and redundancies. This can ultimately hinder scalability, which may prompt some customers to seek a cloud-based, natively integrated ERP platform that can reduce the complexity.
  • Price: $$. Pricing is subscription-based.
  • Deployment: Salesforce CRM is a cloud-based solution.
  • Platform: Like NetSuite, Salesforce’s cloud-based solution can scale easily to handle higher transaction volumes as companies grow. Salesforce also has a large partner ecosystem of more than 1,000 integrations available via the Salesforce AppExchange marketplace. Both Salesforce and NetSuite are highly customizable solutions. Many Salesforce customizations can be done without much technical expertise using prebuilt integrations and add-ons, although more complex customizations will require technical expertise.
  • Company size: Salesforce reported revenue of $34.86 billion for the fiscal year ended Jan. 31, 2023.

NetSuite vs. Acumatica

Both NetSuite and Acumatica offer cloud-based ERP systems, although Acumatica’s solution, which is based on an on-premises architecture, also includes on-premises deployment. Acumatica customers are primarily SMBs. NetSuite has more global capabilities than Acumatica, such as multisubsidiary consolidation, multicurrency and multilanguage capabilities, and international tax and regulatory compliance. NetSuite also makes building custom reports easier for everyday users who are not developers.

  • Benefits: Acumatica’s ERP solution emphasizes customization, with a flexible, modular architecture that lets businesses customize and configure the system to meet their specific needs, with limited developer resources required. From a feature standpoint, Acumatica has strong capabilities in managing supply chain operations, inventory and financials. Acumatica also uses open APIs for simpler integration with other applications.
  • Features: Acumatica offers a wide range of capabilities for finance, CRM, inventory and warehouse management and ecommerce, as well as specialized functionality for distribution, manufacturing and service management. Acumatica offers payroll functionality out of the box, though it depends on partners for all other HR capabilities.
  • Limitations: Acumatica’s customizability can be a double-edged sword. On one hand, customers have the complete freedom to configure the solution as they see fit. On the other — and unlike NetSuite — Acumatica has no predefined setups for industries or specific business needs, meaning customers must configure the system completely from scratch, which can add time and cost to implementation. In addition, Acumatica’s limited support for multiple languages and currencies, as well as foreign regulatory and tax laws, requires manual effort to manage international transactions and financial consolidation. Acumatica also relies heavily on batch processing, which can slow down reporting and analytics, whereas NetSuite’s architecture allows it to easily analyze large numbers of transactions because all transactions are stored in a single database and updated in real time.
  • Price: $$. Acumatica offers tiered pricing based on consumption, an uncommon approach for ERP providers. While that can be helpful for smaller companies looking to keep costs low or companies with seasonal ebbs and flows, for example, it can make predicting future costs difficult. It can also be cost-prohibitive as companies scale. As a result, growing companies often prefer user-based subscription pricing models, which ensure consistent, predictable costs.
  • Deployment: Acumatica offers cloud, on-premises and hybrid options.
  • Platform: Acumatica’s customizable architecture is built on its xRP Cloud Platform, which also runs REST and SOAP-based web services with support for the .NET framework, Microsoft’s Visual Studio, C# and ASP.net. Acumatica relies exclusively on partners to sell, implement and support customers.
  • Company size: Acumatica doesn’t publish annual revenue figures but has said it has more than 10,000 customers.

NetSuite vs. Microsoft

Microsoft and NetSuite both offer comprehensive ERP solutions for SMBs and large enterprises but differ in their go-to-market strategies, deployment options and integration/partner ecosystems. Microsoft offers two distinct ERP solutions: Dynamics 365 Business Central for SMBs and Dynamics 365 Finance for midsize and large organizations. Both Microsoft solutions offer core ERP features across finance, HR, CRM, manufacturing and SCM, but the depth of those features varies. Like SAP, Microsoft bundles these features as part of its standard offering, while NetSuite offers its modules separately.

  • Benefits: Microsoft offers comprehensive solutions catering to companies of all sizes and with a wide range of capabilities available out of the box. In addition, each of Microsoft’s solutions supports multiple deployment options. Microsoft’s ERP customers also benefit from tight integration with other Microsoft applications, such as Office 365, LinkedIn and Power BI, providing a unified user experience and streamlined workflows that can increase productivity, improve collaboration and enhance insights.
  • Features: Both Microsoft solutions offer some degree of capability for finance, HR, CRM, SCM and manufacturing as part of their standard packages. Both solutions also have particular strength in finance and SCM. Dynamics 365 Finance has strong support for manufacturing businesses, with extensive automation capabilities. Its partner ecosystem also includes partners that provide deep vertical-specific functionality.
  • Limitations: Although Microsoft’s standard offerings contain diverse feature sets, some have limited capability, requiring further integrations and cost. For example, Dynamics 365 Finance customers need to use additional tools, such as Power BI, Jet Reports or Excel, for customized reporting, which requires additional expertise and programming skills. In addition, Business Central is not well-suited for companies operating in multiple countries and lacks native financial consolidation capabilities. Each country needs to be deployed as a separate database. Integrations for Microsoft’s ERP products are also complicated by the fact that some components are built on different codebases. Finally, because Microsoft bundles all its ERP modules as part of its standard offerings, companies that don’t require the full breadth of capabilities out of the box end up paying for features they don’t need.
  • Price: $$$. Pricing is subscription-based.
  • Deployment: Both Microsoft solutions are built for on-premises, cloud and hybrid deployments.
  • Platform: Some Microsoft components are built on different codebases, so integrations can be more complex and costly. Customization is also more complex with Microsoft than NetSuite. Microsoft Dynamics 365 Finance customizations, for example, require knowledge of specific frameworks and languages, such as C# and X++. NetSuite features no-code customization for many changes and its Java-based SuiteCloud application for more complex customizations.
  • Company size: Microsoft Dynamics products and cloud services revenue was $1 billion for fiscal 2023, ended June 30, 2024.

NetSuite vs. Epicor

Epicor’s 11 ERP products focus primarily on manufacturing, building supply, distribution, automotive and retail industries. Many of the company’s solutions are highly targeted. For example, Epicor Eagle and Propello are retail management systems that can be expanded to include features such as finance. Epicor serves a global audience of 21,000 mostly midsize customers in 120 countries, although approximately 75% are in North America.

  • Benefits: Epicor’s primary benefit is that its solutions are often tailored to very specific market needs, such as Epicor Kinetic for manufacturing and distribution and Prophet 21 for retail. As a result, they have preconfigured features and workflows with embedded best practices and a user experience that includes industry-specific terminology. Epicor’s ERP products also offer multiple deployment options: on-premises, cloud and hybrid.
  • Features: Epicor offers core financial management functionality in all its solutions, with strength in manufacturing and SCM (particularly with its flagship Kinetic ERP system). CRM, HR and ecommerce functionalities can be added, but they require integration with other systems at additional cost. Epicor Kinetic has strong capabilities out of the box for SCM, production management, inventory management and warehouse and fulfillment.
  • Limitations: In addition to Epicor’s narrower industry focus, its cloud solutions are rearchitected on-premises solutions, meaning upgrades can sometimes be challenging and customizations can break. As a result, some customers decline upgrades, limiting their access to innovations and potentially exposing security breaches. In addition, integrations with partner or third-party systems can introduce new codebases and databases, creating data silos. Finally, each Epicor ERP solution is a separate platform, so if a customer does business in two Epicor verticals, it needs to implement two ERP solutions.
  • Price: $$.
  • Deployment: Epicor offers three deployment options: cloud, hosted and on-premises.
  • Platform: Epicor has approximately 25 partner applications in its marketplace, so customers often need to create custom integrations for third-party tools.
  • Company size: Privately held but estimated at $1 billion in annual revenue.

NetSuite vs. Xero

Xero offers relatively low-cost, cloud-based financial solutions for small businesses with fewer than 1,000 employees. It is particularly popular in the U.K., Australia, New Zealand and Southeast Asia. The company offers three product tiers: The first tier limits the number of invoices, quotes and bills customers can create. The second has unlimited billing, invoicing and quotes. The highest tier offers many of the company’s advanced features, such as support for multiple currencies, projects, advanced analytics and employee expenses.

  • Benefits: For small businesses that require basic accounting and bookkeeping, such as managing invoices, paying bills and basic cash flow tracking, Xero is an affordable option. Because it’s cloud-based, updates and upgrades are automatic. This also means it’s accessible from both a desktop and mobile app, providing real-time financial data with an easy-to-use interface. The company allows unlimited users at no extra cost, which promotes collaboration and real-time data sharing among teams.
  • Features: Like QuickBooks and other solutions for small businesses, Xero gives customers visibility into the financial health of their businesses, with features including cash flow management, income and expense tracking, tax management and automated bank feeds to financial institutions. It also provides basic inventory tracking and some project capabilities but relies heavily on third-party integrations for advanced features and automation capabilities.
  • Limitations: Xero is strictly a financial solution, so its features are more limited than NetSuite’s. For example, Xero requires a third-party application or workaround for revenue recognition. It also has a static general ledger that doesn’t allow for subaccounts in its chart of accounts. This can present challenges for larger companies because they’ll need to export account data into spreadsheets and manually crunch numbers to get detailed insights. Xero also has limited capabilities for accounts payable and receivable, fixed assets and inventory management. It doesn’t support multiple subsidiaries either, which makes consolidating financial statements for reporting slower. As a result, if Xero customers require more than the basic capabilities described above, they’ll need third-party applications that can introduce complexity. Finally, Xero supports English-speaking customers only and doesn’t provide customer support managers. All support requests must go through an online portal.
  • Price: $. Pricing is subscription-based.
  • Deployment: Xero is a cloud-based solution.
  • Platform: With more than 1,000 prebuilt integrations in Xero’s app store, customers can easily extend functionality. But growing companies will likely find that more integrations add complexity to their operations.
  • Company size: Australia-based Xero reported fiscal 2023 revenue of approximately US$1.04 bllion for the period ended March 31, 2024.

Why Your Company Is Better Off With NetSuite

Choosing an ERP system is not only about meeting today’s business needs but tomorrow’s, as well. And while the systems discussed above offer robust capabilities across many enterprise functions, NetSuite’s tightly connected suite of cloud-based ERP modules for finance, HR, CRM, SCM and manufacturing allows companies to scale at their own pace without worrying about complex and costly integrations. For example, NetSuite customers can purchase just finance and HR modules to start, and then add more capabilities if and when needs arise. Microsoft and SAP, on the other hand, require customers to purchase all of their modules, regardless of whether customers need every one — and those modules may not necessarily be built on the same codebase. Not only will that require considerable integration efforts, but it can also introduce additional databases into a company’s ERP ecosystem. NetSuite’s single database, on the other hand, is a significant advantage because it eliminates redundant data entry across systems and creates a deep reservoir of companywide data to fuel better business decisions.

NetSuite is also known for the depth of features in each of its modules, which is on par with the most popular point solutions in each area. For example, NetSuite’s accounting, budgeting and financial reporting capabilities rival dedicated accounting tools like QuickBooks. In addition, NetSuite’s CRM module offers robust capabilities akin to those found in stand-alone CRM software like Salesforce.

Estimates suggest there are hundreds, if not thousands, of ERP systems on the market targeting companies of different sizes in different industries, with an almost endless combination of features built to tackle every possible problem. With so many options, it might feel like one misstep in the selection process can jeopardize the entire mission. The truth, however, is that today’s ERP systems offer the flexibility to overcome almost any obstacle — if companies do their due diligence to find a provider that can adapt to their shifting needs and challenges.

NetSuite Competitor FAQs

Who are competitors of NetSuite?

NetSuite competitors come in all shapes and sizes. Companies including SAP and Microsoft offer comprehensive enterprise resource planning (ERP) solutions similar to NetSuite, with varying degrees of integration between modules. Other companies, like Epicor, focus on ERP solutions for highly targeted industries, such as construction. To a lesser degree, companies with targeted point solutions for accounting or customer relationship management (CRM), such as QuickBooks and Salesforce, respectively, also compete with NetSuite on a limited set of features but require significant integrations to match NetSuite’s full capabilities.

Why is NetSuite better than competitors?

Deciding which enterprise resource planning (ERP) solution is best often depends on the unique needs of each customer. But NetSuite appeals to small and midsize companies for several important reasons. Because it’s a 100% cloud-based solution, customers find implementation smoother than many other comprehensive ERP solutions, especially on-premises systems, which require considerable cost and effort to deploy. In addition, NetSuite seamlessly integrates all of its modules for finance, human resources, customer relationship management, supply chain management and manufacturing, making it easy for customers to add capabilities as they grow. A fully integrated ERP system means data entered in one module is automatically updated in the others. It also stores data in a single database to build real-time reports and insights into organizational performance.

What tier ERP is NetSuite?

Enterprise resource planning (ERP) systems are often targeted at three distinct tiers of businesses, based on the expected number of users for the system. Although the criteria for each tier are not written in stone, small businesses typically have anywhere from a handful of users to several hundred. Midsize businesses can range from several hundred to more than 1,000 users. Large enterprises can have several thousand users. NetSuite ERP is an ideal solution for small businesses with a higher number of users, as well as midsize businesses and some large organizations. Very large global organizations might also consider Oracle’s Fusion ERP solution. Oracle owns NetSuite.

What is the SAP equivalent of NetSuite?

SAP offers three enterprise resource planning (ERP) products that compete with NetSuite. SAP Business One targets small and midsize businesses (SMBs) with fewer than 50 users. SAP Business ByDesign also targets SMBs, with an emphasis on manufacturing, wholesale distribution and professional services industries. SAP S/4HANA is SAP’s flagship ERP product for larger enterprises. Some core features for SAP’s ERP solutions require complex integrations with other SAP products because they’re built on different codebases.