Compare GoldTech Retail and NetSuite - Apr 2024

Shlomi Lavi

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Bottom Line: Which is Better - GoldTech Retail or NetSuite?

NetSuite is more expensive to implement (TCO) than GoldTech Retail, and NetSuite is rated higher (100/100) than GoldTech Retail (75/100). GoldTech Retail offers users more features (11) than NetSuite (0).

Looking for the right Retail Management POS 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:

GoldTech, Inc. Vs. Oracle

GoldTech, Inc.: Gold Tech Inc, located in downtown Atlanta, has been providing custom jewelry through comprehensive jewelry manufacturing services for more than 15 years. As our name suggests, Gold Tech philosophy is to merge traditional values of jewelry making with technological improvements in the industry in order to create products that satisfy ever-changi...

Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...

Who is more expensive? GoldTech Retail or NetSuite?

The real total cost of ownership (TCO) of Retail Management POS 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 GoldTech Retail and NetSuite.

GoldTech Retail accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 GoldTech Retail Manager is rated 4, which is lower than the average cost of Retail Management POS software. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite to its competitors, the software is rated 6 - similar to the average Retail Management POS software cost.

Bottom line: NetSuite is more expensive than GoldTech Retail.

Which software includes more/better features?

We've compared GoldTech Retail Vs. NetSuite based on some of the most important and required Retail Management POS features.

GoldTech Retail: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Bar Code Scanning, Credit Card Processing, Customer Management, Discounts, Gift Cards, Inventory Management, Layaways & Quotes, Price Lookup.

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

Target customer size

GoldTech is most useful for small and medium business ventures. and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.