Compare NetSuite Financials and Oracle Fusion Financial - Apr 2022

Shlomi Lavi

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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, and Oracle Fusion Financial is rated higher (90/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than Oracle Fusion Financial (3).

Looking for the right Accounting & Finance 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. 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 is 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 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 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 its 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?

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.