Compare NetSuite for Retail and KORONA - May 2022

Shlomi LaviShlomi Lavi / May 23, 2022

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Bottom Line: Which is Better - NetSuite for Retail or KORONA?

NetSuite for Retail is more expensive to implement (TCO) than KORONA, and NetSuite for Retail is rated higher (96/100) than KORONA (84/100). NetSuite for Retail offers users more features (10) than KORONA (4).

Looking for the right Retail & POS 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. KORONA

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...

KORONA: KORONA.pos offers a variety of solutions to integrate external systems. You can use existing integrations for third party software solutions. Please do not hesitate to contact us for help. In addition, KORONA offers two application programming interfaces (API) for both POS and back office. So far, every interested integrator was able to integrate ...

Who is more expensive? NetSuite for Retail or KORONA?

The real total cost of ownership (TCO) of Retail & POS 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 for Retail and KORONA.

NetSuite for Retail accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 NetSuite for Retail is rated 6, which is similar to the average cost of Retail & POS software. KORONA price starts at $49 per month , When comparing KORONA to its competitors, the software is rated 2 - much lower than the average Retail & POS software cost.

Bottom line: NetSuite for Retail is more expensive than KORONA.

Which software includes more/better features?

We've compared NetSuite for Retail Vs. KORONA based on some of the most important and required Retail & POS features.

NetSuite for Retail: Bar Code Scanning, Credit Card Processing, Customer History, Customer Management, Discounts, eCommerce, Inventory Management, Print Receipt.

KORONA: Budgeting & CPM, Barcoding, Order Fulfillment, Costing.

Target customer size

NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector. Korona’s typical users are entrepreneurs and business individuals belonging in the small business (10-200 employees), medium-sized (500 to 1,000) or in large enterprises (more than 1,500 employees) in various market sectors of retail relying on the IT industry, data processing and hosting and other related services, particularly the field of retail and POS.

NetSuite for Retail

ITQlick rating
(3.8/5)

NetSuite multi-channel retail management suite is software for retailers from various industries. As this system is web-based, data can be accessed from anywhere and revised in real time. This retail management...

Categories: Billing & Invoicing, Expense Tracking, Retail & POS, Retail.

KORONA

ITQlick rating
(4.6/5)

starts at $49 per month

Korona is a cloud-based point of sales (POS) software that is designed for all retailer sizes. Integrated in this POS module are CRM and inventory management.

Categories: Convenience Store POS, Florist POS Systems, Gift Shop POS, iPad POS, Liquor Store POS.

Compare specifications

Compare features

NetSuite for Retail: 10 Features

Bar Code Scanning
Credit Card Processing
Customer History
Customer Management
Discounts
eCommerce
Inventory Management
Print Receipt
Reporting
Shipping/Delivery Setup

KORONA: 4 Features

Budgeting & CPM
Barcoding
Order Fulfillment
Costing
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
3.8/5
Score
96/100
Pricing
7.8/10
License pricing
Pricing not available
Functionality
20
Compare
KORONA
ITQlick rating
4.6/5
Score
84/100
Pricing
3/10
License pricing
$49 per month
Functionality
14
Review
ShopKeep...
ITQlick rating
4.3/5
Score
99/100
Pricing
2.4/10
License pricing
$49 per month
Functionality
11
Rezku
ITQlick rating
4.7/5
Score
96/100
Pricing
2/10
License pricing
$99 per license
Functionality
16
Review
Revel PO...
ITQlick rating
3.8/5
Score
95/100
Pricing
3.2/10
License pricing
$99 per terminal/month
Functionality
60

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.