Compare NetSuite ERP and FinancialForce ERP - May 2022

Shlomi LaviShlomi Lavi / May 26, 2022

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Bottom Line: Which is Better - NetSuite ERP or FinancialForce ERP?

FinancialForce ERP is more expensive to implement (TCO) than NetSuite ERP, and NetSuite ERP is rated higher (90/100) than FinancialForce ERP (84/100). FinancialForce ERP offers users more features (16) than NetSuite ERP (4).

Looking for the right ERP 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. Financial Force

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...

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

Who is more expensive? NetSuite ERP or FinancialForce ERP?

The real total cost of ownership (TCO) of ERP 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 ERP and FinancialForce ERP.

NetSuite ERP price starts at $999 per month , On a scale between 1 to 10 NetSuite ERP is rated 2, which is much lower than the average cost of ERP software. FinancialForce ERP price starts at $175 per month , When comparing FinancialForce ERP to its competitors, the software is rated 2 - much lower than the average ERP software cost.

Bottom line: NetSuite ERP cost is around the same cost of FinancialForce ERP.

Which software includes more/better features?

We've compared NetSuite ERP Vs. FinancialForce ERP based on some of the most important and required ERP features.

NetSuite ERP: Budget & Expense Management, Expense Management, Project Time Tracking, Time Tracking.

FinancialForce ERP: Budget & Expense Management, Project Management, Resource Management, Project Portfolio Management, Expense Management.

Target customer size

NetSuite ERP is intended for small companies to large enterprises that prefer an all-in-one solution for managing their finances and resources. Customers of the software include businesses of all sizes and a variety of types.

NetSuite ERP

ITQlick rating
(4/5)

starts at $999 per month

NetSuite ERP software is a cloud-based solution that targets small and mid-sized businesses. It offers a number of features that include a revenue recognition management module that allows calculate and create ...

Categories: Time and Attendance, Expense Tracking, Project Budgeting, Project Resource Management.

FinancialForce ERP

ITQlick rating
(3.3/5)

starts at $175 per month

FinancialForce ERP is an enterprise resource planning solution for businesses of all sizes. Its services include supply chain management, service automation, order and billing, financial management, and ...

Categories: Budgeting & CPM, Time and Attendance, Procurement, Project Management, Project Budgeting.

Compare specifications

Compare features

NetSuite ERP: 4 Features

Budget & Expense Management
Expense Management
Project Time Tracking
Time Tracking

FinancialForce ERP: 16 Features

Budget & Expense Management
Project Management
Resource Management
Project Portfolio Management
Expense Management
Time Tracking
Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Purchase Orders
Financial reporting
Payment Management
Recurring Invoices
Time and Expense Tracking
Fixed Asset Management
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
NetSuite...
ITQlick rating
4/5
Score
90/100
Pricing
2/10
License pricing
$999 per month
Functionality
9
Compare
Financia...
ITQlick rating
3.3/5
Score
84/100
Pricing
3/10
License pricing
$175 per month
Functionality
41
NetSuite
ITQlick rating
3.8/5
Score
100/100
Pricing
7.8/10
License pricing
$99 per user/month + $999 per month for the platform fee
Functionality
7
SAP ERP
ITQlick rating
4/5
Score
97/100
Pricing
10/10
License pricing
$108 per user/month
Functionality
44
NetSuite...
ITQlick rating
3.8/5
Score
93/100
Pricing
4.6/10
License pricing
$999 per month
Functionality
18

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.