Compare NetSuite Financials and SAP Financials On Demand - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite Financials or SAP Financials On Demand?

SAP Financials On Demand is more expensive to implement (TCO) than NetSuite Financials, and SAP Financials On Demand is rated with the same score (89/100) as NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than SAP Financials On Demand (3). There is a clear winner in this case and it is NetSuite Financials!

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 Financials On Demand?

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 Financials On Demand.

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 Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 NetSuite Financials is rated 2, which is much lower than the average cost of Accounting & Finance software.

Bottom line: SAP Financials On Demand is more expensive than NetSuite Financials.

Which software includes more/better features?

We've compared NetSuite Financials Vs. SAP Financials On Demand 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 Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations.