NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
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SAP Business One
Score 6.9 out of 10
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SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
$99
per month
Pricing
NetSuite ERP
SAP Business One
Editions & Modules
No answers on this topic
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
Offerings
Pricing Offerings
NetSuite ERP
SAP Business One
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
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More Pricing Information
Community Pulse
NetSuite ERP
SAP Business One
Considered Both Products
NetSuite ERP
Verified User
Anonymous
Chose NetSuite ERP
It was familiar to a few people in our organization who primarily use it.
In the past I always had a puzzle to assemble, with regards to data and management & ad-hoc reporting. With NetSuite ERP, as mentioned previously, everything is in one easy to retrieve place, and all the systems are there and cohesive. Although Workday Adaptive Planning and HFM …
For accounts payable , NetSuite far outweighs these other software and ERP platforms that I have used in the past. Speaking from someone with over 25 years accounts payable experience, you want an ERP system that is going to save time money and increase productivity. Exploring …
NetSuite is used for CRM, Inventory Management, Reports, and other business functions. NetSuite helps our company organize information and data. Inventory Management has been much easier to handle with this system, and it's easier to keep track of multiple products.
NetSuite is owned and run by Oracle which is the leader in the ERP market. NetSuite does a good job for middle market companies having much of the same functionality as Oracle for a much lower price. NetSuite compares favorably to other systems and financial software we …
Due to its comprehensive, cloud-based, and highly integrated suite of applications covering financials, CRM, supply chain, and more, providing a single source of truth for business data. Its scalability is a significant advantage, allowing businesses to easily add modules and …
NetSuite ERP is one of the big player in accounting software. I have good working experience with this software. it helps us to do more smart work instead of hard work. Provide more features and making business numbers easy and accurate. Along with that if helps us in many ways …
NetSuite offers a fully integrated solution that includes Finance, CRM, Inventory, Procurement, and Project Management—eliminating the need for multiple disconnected systems.
Other systems like Coupa offers business spend management.
I believe NetSuite ERP has more customizability than Salesforce so you can form it to exactly how you like although you may need more expertise with the platform to do so.
With its robust financial management, global capabilities, and industry-specific features, NetSuite ERP is a complete cloud-based solution that is perfect for expanding, multi-entity enterprises. Although it provides a single platform, it necessitates more training and …
NetSuite ERP is a much more comprehensive accounting ERP software than the other two mentioned. It is designed for bigger organizations who have more complex accounting things to account for. I believe NetSuite ERP is the best ERP system to use for our necessities. The other …
I was not the selector of the vendor for NetSuite ERP, and it is now the interface I am most used to. I would recommend SAP and their full suite of products, currently only using Concur, as I think it has a slightly cleaner and less cluttered interface, however I do not know if …
We don't have the need for an enterprise level solution like SAP, Oracle, or PeopleSoft so NetSuite ERP was a better fit. We had outgrown the functionality provided by our previous ERP system and of the three different solutions that we demo'd, NetSuite ERP checked the most …
Quickbooks is a great tool for startup companies. It provides all the basics; AR, AP, and Financials. However it does not provide anything with regards to advanced modules.
Sage Intacct is actually a very well made ERP system. Our company was considering both NetSuite ERP …
We came from an AS400 system. NetSuite is supremely advanced and more capable than our old system. We initially selected NetSuite for its reporting and analytics capabilities. From there, we looked at its automation and manufacturing capabilities. It has really outclassed our …
We scoped out so many ERP systems, and actually went very deep into launch and integrations with many, until we realized they were not a fit. This was due to currency capacities, global reach, manufacturing and process limitations, etc. We eventually finally bit the bullet and …
NetSuite ERP only offers a cloud model, vs. BC's on-prem and cloud models. However, this is not necessarily a bad thing. If you're deploying on-prem you may find yourself introducing all kinds of needless complexity you later regret. NetSuite ERP came fully-featured and remains …
Nestuite is more suitable for bigger organizations at growth and scale stages with at least two subsidiaries that want to integrate lots of software tools.
Netsuite is way more powerful, but also way more expensive. We chose Netsuite at a time when we thought we wanted our ERP to be the source for almost all data, and were willing to compromise on user friendliness to get there. Netsuite has great modules that are good when you …
Quickbooks is more user friendly and is designed better and really great for smaller businesses however, many companies will end up outgrowing it and need some of the NetSuite ERP functionality. We integrate Maxio with NetSuite ERP and we also integrated it with Quickbooks and …
As a consultant, SAP Business One has a strong set of core features that will perform well for a multitude of businesses. It is a mature product with lots of documentation and available training online to answer questions and assist users. It also has multitudes of proven …
SAP Business One is a good fit for an organization that wants to transform its business operation with a reasonable cost for migration from the legacy system. SAP Business One can match and support the organization needs because it has most of the best business practices …
We did not use many ERP systems yet so I'm unable to go to much in detail. We tested some and the main issue was the pricing. Good alternatives would be Oracle NETSUITE, Microsoft Dynamics if your company is Microsoft based with al the other programs (great integrations). And …
SAP Business One and SAP Business Rules Management are similar, but SAP Business One better matched my organization's needs. I like how the system can be used across multiple departments at once to keep all my colleagues connected. Being able to accurately track inventory …
We ended up choosing not to discard Salesforce. Now these two systems are working together, where Salesforce will be responsible for CRM and SAP Business One for financial, tax, and logistics. This was a strategic decision by the company.
I think that NetSuite is more user-friendly. Especially on the reporting side. They have many more training offerings and seem to have greater capabilities. I know that the bolt-on products around manufacturing in NetSuite are very flawed so I am not sure that it would operate …
SAP business one provided a more complete solution since all modules are included in their package. Other ERP providers charged extra for each module that was implemented. SAP was more economical than other providers.
To date, e-automate is my favorite system. Easy to configure and date-mine. However, SAP is the closet software I have come across that matches its ability to easily interact between inventory, billing, and accounting.
I honestly preferred QuickBooks for our business needs. We went with SAP because more employees had previous experience with it and were not keen on learning something new.
Trust in size of SAP and the partner network they've built. It was ultimately Vision33 that made the difference for us. We also liked the feature fit to our manufacturing needs.
Many other ERP do not include end to end business operation module. And it's an renounced ERP due to which you get the value for money in term of support.
NetSuite suits a mid-sized company best where the organization uses multiple currencies in its day-to-day transactions. NetSuite is ready-to-use for businesses that follow financial standards. The more custom business processes there are, the more implementation is required. I would not recommend NetSuite to a large organization due to its performance issues. Additionally, the in-house bank reconciliation tool is not user-friendly for business purposes.
SAP Business One would be more useful if it contained tools to acommodate the growing need of online sales. A more complete shipping module which handles tracking numbers with the common couriers would be great. A built in warehouse management system would be great designed to be used with barcode scanners
Customizable Reports and Saved Searches allow much more maneuverability
Elimination Entries that are driven by advanced intercompany journal entries
Journal Entries can be entered in as basic or advanced intercompany to better represent the type of transaction occurred for reporting purposes
Training through the LCS module can help shed knowledge on a range of topics at a self paced learning basis
NetSuite ERP offers to all users a SuiteAnswers platform to pose frequently asked questions with answers generated from a combination of NetSuite ERP experts, users, and more recently AI based.
Customized Reports to fit the companies' special configuration and needs.
Individual interfaces for many aspects of the business; manufacturing, inventory, sales, distribution, service, etc. Each department can have its own space.
All the modules are connected and can interact with one another.
Following a bench mark process - this seems contradicting to flexibility however we have wished we could follow more of an industry benchmark. Our challenge as a small company has been knowing how to properly use the system. We have discovered that we have set up the system wrong based and are using it improperly which has cause a lot work to correct.
Better live reporting options - current we are on prem SQL. Yes SAP is moving to HANA however smaller companies like ourselves are not ready for that. We need to be able to maintain our existing SQL DB. We also have a demand for live BI Reporting. It has been difficult to do this with our current set up.
Error handling - have found it very difficult to troubleshoot. Errors are not always clear and answers are hard to find.
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
I cannot run my business without SAP Business One in place. I only consult on on product and that is SAP Business One. Business volume goes to zero if I don't use SAP Business One. It is the best product on the market - head and shoulders above other ERP packages I have looked at or implemented in the past.
It's beneficial if you know what you're doing, but it can be very confusing to find what you're looking for, and many things seem overly complicated or require too many steps to accomplish a simple task - which can be overwhelming for someone accustomed to QuickBooks.
I rate SAP Business One's overall usability as excellent (10). The system has a user friendly interface that is easy to navigate. I enjoy how much SAP Business One helps to simplify everyday work tasks. This is a wonderful asset for any organization to use across any and all departments.
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
The SAP Business One software is up and running every time you need it as it was planned. In more than 6 years that we have been using the product, it has never been unavailable and if it ever was, it was because of a planned maintenance window scheduled in the company.
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
SAP Business One performance depends mostly on the speed of your internal servers, should you have the solution on premise as we do. Sometimes the system tends to be a little slower for some users when others are executing really big reports of performing some batch loads, but generally, the performance is acceptable to all the users.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
We had some complex questions and went in a loop with calls emails etc. They where unable to find the right person to talk with us, and when we found 1 he was unable to reach... We ended up working with a local profession for the implementation, and that went smoothly. I would suggest SAP to start with that if there are complex projects...
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
The training I get was a consultant level training, so it's basically a 6 weeks training covering every aspect and every module of the system. It covered most common use cases and exercise training so you can get along with the software, as well as examples so there culd be a better understanding.
Over the past two years SAP has added a great deal of new SAP Business One on-line training for version 9.0 and 9.1. Most of the training is very strong, but some is difficult to understand and follow. Additionally, SAP still has a few holes in their on-line training around Production, Bill-of-Materials, MRP and Service.
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
These implementations are not easy. Even a standard implementation can be difficult. With a never-been-done-before implementation, the implementation team and the user team need to be thorough with planning, make a decision on key points, and stick to them before any design happens. Our biggest challenge was not from StellarOne, rather it was from the mid-implementation decisions from our internal team. StellarOne did a great job warning us, implementing our decision, and then helping us adjust our SAP to handle the new direction we took.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
SAP Business One is a good fit for an organization that wants to transform its business operation with a reasonable cost for migration from the legacy system. SAP Business One can match and support the organization needs because it has most of the best business practices deployed in its core modules so the organization can adapt to the standardized business process by choosing SAP Business One solution. Single source of data and information visibility is the huge benefit of using SAP Business One.
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
For most small businesses, the only way you outgrow SAP Business One is if the nature of your business changes radically. Going from 1 to 50 users is quite easy with SAP B1. Going beyond 50 may require moving to the Hana SAP B1 platform to maintain or improve performance, but the path is there. Add-ons to SAP B1 can also be added as specific needs are encountered that are not closely met by the standard product. These may be required early in the product life because of the nature of your business, or as you expand the use of SAP B1.
NetSuite ERP data is used for material reporting. That is like balance sheet and profit and loss reporting. It plays a key role in financial data management.
Too many customisation become hard to manage in over a period of time.