Compare Banyon and NetSuite for Retail - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - Banyon or NetSuite for Retail?

NetSuite for Retail is more expensive to implement (TCO) than Banyon, and NetSuite for Retail is rated higher (96/100) than Banyon (82/100). NetSuite for Retail offers users more features (10) than Banyon (3).

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:

Banyon Data Systems Vs. NetSuite

Banyon Data Systems: For over 33 years Banyon Data has provided quality products and services to municipalities and other public nonprofit entities.

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...

Who is more expensive? Banyon Utility Billing or NetSuite for Retail?

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 Banyon Utility Billing and NetSuite for Retail.

Banyon Utility Billing price starts at $3,400 per license , On a scale between 1 to 10 Banyon Utility Billing is rated 4, which is lower than the average cost of Accounting & Finance software. NetSuite for Retail accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Banyon Utility Billing is rated 4, which is lower than the average cost of Accounting & Finance software.

Bottom line: NetSuite for Retail is more expensive than Banyon Utility Billing.

Which software includes more/better features?

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

Banyon Utility Billing: Customer Management, Billing & Invoicing, Workflow Management.

NetSuite for Retail: Bar Code Scanning, Credit Card Processing, Customer History, Customer Management, Discounts.

Target customer size

Banyon Utility Billing's typical customers include: Small, medium and large size businesses, NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector.