Compare NetSuite Financials and SAP ERP - Jan 2023
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Bottom Line: Which is Better - NetSuite Financials or SAP ERP?
SAP ERP is more expensive to implement (TCO) than NetSuite Financials, and SAP ERP is rated higher (97/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than SAP ERP (15).
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. SAP
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...
SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...
Who is more expensive? NetSuite Financials or SAP ERP?
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 SAP ERP.
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. SAP ERP price starts at $108 per user/month , When comparing SAP ERP to its competitors, the software is rated 10 - much higher than the average Accounting & Finance software cost.
Bottom line: SAP ERP is more expensive than NetSuite Financials.
Which software includes more/better features?
We've compared NetSuite Financials Vs. SAP ERP 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.
SAP ERP: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Accounting Module.
Target customer size
Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. SAP ERP is a remedy that is best fit for large companies.
SAP ERP
starts at $108 per user/month
SAP ERP is a cloud ERP suite that offers resource planning and business management solution designed to offer the users the financial transparency they need to execute growth plans, expand margins, and satisfy ...
Compare PricingCompare specifications
NetSuite Financials Specifications
ITQlick Score: | 89/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Accounting & Finance -> NetSuite Financials review |
Company: | NetSuite |
Pricing: | starts at $499 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | NetSuite Financials review, NetSuite Financials pricing, NetSuite Financials alternatives |
SAP ERP Specifications
ITQlick Score: | 97/100 |
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ITQlick Rating: |
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Pricing: | 10/10 - high cost |
Category: | ERP -> SAP ERP review |
Company: | SAP |
Pricing: | starts at $108 per user/month |
Typical customers: | Large business |
Platforms: | Desktop, Mobile, Cloud |
Links: | SAP ERP review, SAP ERP pricing, SAP ERP alternatives |
Compare features
NetSuite Financials: 16 Features
SAP ERP: 15 Features
Auditor - Shlomi Lavi
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.