Compare NetSuite Financials and Costlocker - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite Financials or Costlocker?

Costlocker is more expensive to implement (TCO) than NetSuite Financials, and Costlocker is rated higher (94/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than Costlocker (0).

Looking for the right Accounting & Finance solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

NetSuite Vs. Costlocker

NetSuite: NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.   More than 12,000 high-growth and midsized companies and divisions of large enterprises...

Costlocker: Any idea which of your clients make you the most profit?nAn employee wants a raise. Any idea if he deserves it?nAny idea how much bad estimates are costing you? nAny idea how many tenders can you afford to lose?nnCostlocker - Profit under controlnLet numbers, not feelings make decisions for your business. Costlocker is for those who cha...

Who is more expensive? NetSuite Financials or Costlocker?

The real total cost of ownership (TCO) of Accounting & Finance software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for NetSuite Financials and Costlocker.

NetSuite Financials price starts at $499 per user/month , On a scale between 1 to 10 NetSuite Financials is rated 2, which is much lower than the average cost of Accounting & Finance software. Costlocker price starts at $12 per user/year , When comparing Costlocker to its competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line: Costlocker is more expensive than NetSuite Financials.

Which software includes more/better features?

We've compared NetSuite Financials Vs. Costlocker based on some of the most important and required Accounting & Finance features.

NetSuite Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation, Fixed-Assets, Multi-Currency.

Costlocker: We are still working to collect the list of features for Costlocker.

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. Costlocker customers are mainly SMBs.