Compare My Inventory Online and NetSuite for Retail - Jul 2022

Shlomi LaviShlomi Lavi / Jul 09, 2022

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Bottom Line: Which is Better - My Inventory Online or NetSuite for Retail?

NetSuite for Retail is more expensive to implement (TCO) than My Inventory Online, and NetSuite for Retail is rated higher (96/100) than My Inventory Online (82/100). NetSuite for Retail offers users more features (10) than My Inventory Online (0).

Looking for the right Inventory Management 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:

My Inventory Online Vs. NetSuite

My Inventory Online: Back in 2010 when we decided to build My Inventory Online there was no shortage of online inventory systems around but we noticed a distinct pattern. All the solutions available were in one of two flavours: Either they were simple and affordable but frustratingly lacked subtle features in flexibility such as: Allowing stock to have multiple sup...

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? My Inventory Online or NetSuite for Retail?

The real total cost of ownership (TCO) of Inventory Management 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 My Inventory Online and NetSuite for Retail.

My Inventory Online price starts at $19 per 2 users/month , On a scale between 1 to 10 My Inventory Online is rated 4, which is lower than the average cost of Inventory Management 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 My Inventory Online is rated 4, which is lower than the average cost of Inventory Management software.

Bottom line: NetSuite for Retail is more expensive than My Inventory Online.

Which software includes more/better features?

We've compared My Inventory Online Vs. NetSuite for Retail based on some of the most important and required Inventory Management features.

My Inventory Online: We are still working to collect the list of features for My Inventory Online.

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

Target customer size

My Inventory Online'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.



My Inventory Online

ITQlick rating
(4.7/5)

starts at $19 per 2 users/month

My Inventory Online software is a web-based inventory & order management solution that targets small or medium-sized businesses. My Inventory Online helps firms to manage their inventory, customers, orders, sup...

Categories: Inventory Management, WMS, Work Order Management, Retail Customer Management.

NetSuite for Retail

ITQlick rating
(3.8/5)

NetSuite multi-channel retail management suite is software for retailers from various industries. As this system is web-based, data can be accessed from anywhere and revised in real time. This retail management...

Categories: Billing & Invoicing, Expense Tracking, Retail & POS, Retail, Rental.

Compare specifications

Compare features

My Inventory Online: 0 Features

We are working to collect the list of features

NetSuite for Retail: 10 Features

Bar Code Scanning
Credit Card Processing
Customer History
Customer Management
Discounts
eCommerce
Inventory Management
Print Receipt
Reporting
Shipping/Delivery Setup
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
My Inven...
ITQlick rating
4.7/5
Score
82/100
Pricing
5.2/10
License pricing
$19 per 2 users/month
Functionality
4
Compare
NetSuite...
ITQlick rating
3.8/5
Score
96/100
Pricing
7.8/10
License pricing
Pricing not available
Functionality
20
eStockCa...
ITQlick rating
4/5
Score
92/100
Pricing
5/10
License pricing
$699 per license
Functionality
17
Toolhound
ITQlick rating
3.8/5
Score
92/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
16
SalesBinder
ITQlick rating
4/5
Score
92/100
Pricing
5.6/10
License pricing
$9 per user/month
Functionality
4

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.