Compare NetSuite ERP and Realtrac - Apr 2022

Shlomi LaviShlomi Lavi / Apr 28, 2022

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

Realtrac is more expensive to implement (TCO) than NetSuite ERP, and NetSuite ERP is rated higher (90/100) than Realtrac (85/100). Realtrac offers users more features (9) 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. REALTRAC

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...

REALTRAC: Founded in 1996, RealtyTrac® is the leading online marketplace of foreclosure properties, with more than 1.5 million default, auction and bank-owned listings from over 2,200 U.S. counties, along with detailed property, loan and home sales data. The company’s mission is to make it easier for consumers, investors and real estate professionals to loca...

Who is more expensive? NetSuite ERP or Realtrac?

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 Realtrac.

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. Realtrac price starts at $99 per month , When comparing Realtrac 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 Realtrac.

Which software includes more/better features?

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

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

Realtrac: Data Analysis Tools, Project Management, Order Processing Management, Billing & Invoicing, Enterprise Resource Planning.

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 small and medium businesses as well as large enterprises.



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.

Realtrac

ITQlick rating
(4.1/5)

starts at $99 per month

Realtrac is an enterprise resource planning solution for businesses of all sizes. It offers such capabilities as bills of material, process manufacturing, quote management, and others. The software was designed...

Categories: Billing & Invoicing, Data Analysis Tools, Cloud ERP, Enterprise Resource Planning, Manufacturing (MRP / MES) Module.

Compare specifications

Compare features

NetSuite ERP: 4 Features

Budget & Expense Management
Expense Management
Project Time Tracking
Time Tracking

Realtrac: 9 Features

Data Analysis Tools
Project Management
Order Processing Management
Billing & Invoicing
Enterprise Resource Planning
Budgeting & CPM
PO: Purchase orders
Time Tracking
Quality 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
Realtrac
ITQlick rating
4.1/5
Score
85/100
Pricing
2/10
License pricing
$99 per month
Functionality
27
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.