NetSuite Financials Vs Oracle Fusion Financial (May 2021)

Shlomi LaviShlomi Lavi / May 21, 2021

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Bottom Line: Which is Better - NetSuite Financials or Oracle Fusion Financial?

Oracle Fusion Financial is more expensive to implement (TCO) than NetSuite Financials, Oracle Fusion Financial is rated higher (90/100) than NetSuite Financials (89/100). NetSuite Financials offers more features (16) to their users than Oracle Fusion Financial (3).

Looking for the right Accounting & Finance solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How NetSuite compares with Oracle Corporation?

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...

Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...

Who's more expensive? NetSuite Financials or Oracle Fusion Financial Management?

The real total cost of ownership (TCO) of Accounting & Finance software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for NetSuite Financials and Oracle Fusion Financial Management.

NetSuite Financials price starts at $499 per user/month , on a scale between 1 to 10 NetSuite Financials is rated 2, which is much lower than the average cost of Accounting & Finance software. Oracle Fusion Financial Management price starts at $600 per user/month , when comparing Oracle Fusion Financial Management to their competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line:Oracle Fusion Financial Management is more expensive than NetSuite Financials.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared NetSuite Financials Vs. Oracle Fusion Financial based on some of the most important and required Accounting & Finance features. NetSuite Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation, Fixed-Assets, Multi-Currency. Oracle Fusion Financial Management: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. Oracle Fusion Financial Management is an extensive suite of applications that can be deployed in any business regardless of size and type.

NetSuite Financials

ITQlick rating
(4.2/5)

starts at $499 per user/month

NetSuite Financials is a cloud-based accounting and eCommerce software suite designed to comply with all business sizes. It aims to streamline your accounting department through the use of a web based applicati...

Categories: Billing & Invoicing, Budgeting & CPM, Business tax, Core Accounting.

Oracle Fusion Financial

ITQlick rating
(3.6/5)

starts at $600 per user/month

Oracle Fusion Financial Management is an accounting and finance software which offers integrated and comprehensive solutions for small to large enterprises. It has accounting management, billing and invoicing, ...

Categories: Core Accounting, Budgeting & CPM, Financial reporting.

Compare specifications

Compare features

NetSuite Financials: 16 Features

Accounts Payable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Depreciation
Fixed-Assets
Multi-Currency
Project-Accounting
Sales Reporting
Tax compliance
Time & Expense
Billing Rate Management
Corporate Card Payments
Multiple Billing Rates
Time Tracking by Project

Oracle Fusion Financial Management: 3 Features

Data Import/Export
Basic Reports
Online Customer Support
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
4.2/5
Score
89/100
Pricing
3.2/10
License pricing
$499 per user/month
Functionality
41
Compare
Oracle
ITQlick rating
3.6/5
Score
90/100
Pricing
5.8/10
License pricing
$600 per user/month
Functionality
6
Review
Denali
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$99 per month
Functionality
16
Review
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.