Shlomi Lavi / Jul 16, 2020
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Looking for the right ERP solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
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 use NetSuite to run more effectively without the high costs and inefficiency of on-premise systems. By using NetSuite to automate operations, streamline processes and access real-time business information anytime, anywhere, growing businesses realize breakthrough performance improvements.
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 enterprise data warehouse solution - SAP ® Business Warehouse (SAP ® BW), SAP BusinessObjects software, and most recently, Sybase mobile products and in-memory computing appliance SAP ® HANA. SAP ® is one of the largest software companies in the world.
Pricing/cost comparison
The real cost of ERP software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for NetSuite OneWorld TCO and SAP for SMB total cost to help with the total cost of ownership calculation.
NetSuite OneWorld price Starting from $499 per month , on a scale between 1 to 10 NetSuite OneWorld is rated 4, which is lower than the average cost of ERP software. SAP for SMB price Starting from $54 per user/month , when comparing SAP for SMB to their competitors, the software is rated 2 - much lower than the average ERP software cost.
Bottom line: NetSuite OneWorld is more expensive than SAP for SMB.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared NetSuite OneWorld Vs. SAP for SMB based on some of the most important and required ERP features.
NetSuite OneWorld: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, E-commerce, Fixed-Assets, General-Ledger, ..
SAP for SMB list of features include the following: Data Import/Export, Basic Reports, Online Customer Support, .
Target customer size
NetSuite OneWorld was developed with the idea to serve multinational enterprises and companies with multiple subsidiaries. and SAP for SMB's target customer size include: Start up, Small business, Medium business, Large business.