Compare Hydra PSA and NetSuite Services Resource Planning (SRP) - May 2022

Shlomi Lavi

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Bottom Line: Which is Better - Hydra PSA or NetSuite Services Resource Planning (SRP)?

Hydra PSA is more expensive to implement (TCO) than NetSuite Services Resource Planning (SRP), and NetSuite Services Resource Planning (SRP) is rated higher (85/100) than Hydra PSA (84/100). Both tools offer the same amount of features.

Looking for the right Professional Services Automation 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:

Hydra Vs. NetSuite

Hydra: At Hydra, we have 20 years of experience, and the unique project resource management software that allows us to deliver consistent solutions that you can have up and running after only one week. We offer business software that optimizes resource utilization while it drives project management standardization. The end result is greater visibility a...

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? Hydra PSA or NetSuite Services Resource Planning (SRP)?

The real total cost of ownership (TCO) of Professional Services Automation 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 Hydra PSA and NetSuite Services Resource Planning (SRP).

Hydra PSA accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Hydra PSA is rated 4, which is lower than the average cost of Professional Services Automation software. NetSuite Services Resource Planning (SRP) price Has a free version , When comparing NetSuite Services Resource Planning (SRP) to its competitors, the software is rated 2 - much lower than the average Professional Services Automation software cost.

Bottom line: Hydra PSA is more expensive than NetSuite Services Resource Planning (SRP).

Which software includes more/better features?

We've compared Hydra PSA Vs. NetSuite Services Resource Planning (SRP) based on some of the most important and required Professional Services Automation features.

Hydra PSA: Dashboard, Budgeting & Forecasting, Project Budgeting, Project Portfolio Management, Time and Expense Tracking.

NetSuite Services Resource Planning (SRP): Document Management, Project Management, Client Collaboration, Billing & Invoicing, CRM.

Target customer size

The software is a flexible solution that can be deployed for the needs of any business size and type. Customers of the software include businesses of all sizes and a wide range of types.