Compare NetSuite for Retail and Oracle Financials ERP Cloud - Jan 2023

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite for Retail or Oracle Financials ERP Cloud?

Oracle Financials ERP Cloud is more expensive to implement (TCO) than NetSuite for Retail, and NetSuite for Retail is rated higher (96/100) than Oracle Financials ERP Cloud (80/100). NetSuite for Retail offers users more features (10) than Oracle Financials ERP Cloud (5). There is a clear winner in this case and it is NetSuite for Retail!

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. 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 for Retail or Oracle Financials ERP Cloud?

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 Oracle Financials ERP Cloud.

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. Oracle Financials ERP Cloud price starts at $4.25 per month , When comparing Oracle Financials ERP Cloud to its competitors, the software is rated 8 - higher than the average Retail & POS software cost.

Bottom line: Oracle Financials ERP Cloud is more expensive than NetSuite for Retail.

Which software includes more/better features?

We've compared NetSuite for Retail Vs. Oracle Financials ERP Cloud 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.

Oracle Financials ERP Cloud: Accounts Payable, Accounts Receivable, Core Accounting, Fixed Asset Management, Asset Tracking.

Target customer size

NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector. The typical customers utilizing Oracle Financials ERP Cloud are those in small (10-100 employees) to medium-sized (100-1,000 employees) businesses as well as in larger enterprises of wide market sectors depending on IT, data processing and hosting and related services industry, mostly in the field of store retailing, financial management and end-to-end business management.