Compare NetSuite Services Resource Planning (SRP) and Factumsoft - May 2022

Shlomi LaviShlomi Lavi / May 16, 2022

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Bottom Line: Which is Better - NetSuite Services Resource Planning (SRP) or Factumsoft?

Factumsoft is more expensive to implement (TCO) than NetSuite Services Resource Planning (SRP), and Factumsoft is rated with the same score (85/100) as NetSuite Services Resource Planning (SRP) (85/100). Both tools offer the same amount of features.

Looking for the right Professional Services Automation 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. Factumsoft

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...

Factumsoft: Every Factumsoft solution is based on our own proprietary platform. It consists of various software building blocks empowering businesses to integrate all key processes and data into a single solution. We have amassed a rich library of these blocks, which allows us to quickly assemble your standard ERP solution, reducing the typically long implemen...

Who is more expensive? NetSuite Services Resource Planning (SRP) or Factumsoft?

The real total cost of ownership (TCO) of Professional Services Automation 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 Services Resource Planning (SRP) and Factumsoft.

NetSuite Services Resource Planning (SRP) price Has a free version , On a scale between 1 to 10 NetSuite Services Resource Planning (SRP) is rated 2, which is much lower than the average cost of Professional Services Automation software. Factumsoft accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 NetSuite Services Resource Planning (SRP) is rated 2, which is much lower than the average cost of Professional Services Automation software.

Bottom line: Factumsoft is more expensive than NetSuite Services Resource Planning (SRP).

Which software includes more/better features?

We've compared NetSuite Services Resource Planning (SRP) Vs. Factumsoft based on some of the most important and required Professional Services Automation features.

NetSuite Services Resource Planning (SRP): Document Management, Project Management, Client Collaboration, Billing & Invoicing, CRM.

Factumsoft: Collaboration, Document Management, Resource Management, Time and Expense Tracking, Project Documents.

Target customer size

Customers of the software include businesses of all sizes and a wide range of types. and Factumsoft's target customer size include: Small, medium and large size businesses.



Has a free version

NetSuite Services Resource Planning is a professional services management solution for businesses of all sizes. It offers such capabilities as integrated project management, resource management, time and expens...

Categories: Billing & Invoicing, Document Management, CRM, Team Collaboration.

Factumsoft

ITQlick rating
(2.8/5)

Factumsoft is an ERP software for helping businesses build software that is unique to their business workflow. The software is built in a way it matches the exact scaling and automation needs of a business.

Categories: Billing & Invoicing, Document Management, CRM, Team Collaboration, Time and Attendance.

Compare specifications

Compare features

NetSuite Services Resource Planning (SRP): 5 Features

Document Management
Project Management
Client Collaboration
Billing & Invoicing
CRM

Factumsoft: 5 Features

Collaboration
Document Management
Resource Management
Time and Expense Tracking
Project Documents
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
85/100
Pricing
2/10
License pricing
Has a free version
Functionality
20
Compare
Factumsoft
ITQlick rating
2.8/5
Score
85/100
Pricing
10/10
License pricing
Pricing not available
Functionality
15
Elite 3E
ITQlick rating
4.7/5
Score
92/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
4
TSheets
ITQlick rating
4.7/5
Score
91/100
Pricing
2.2/10
License pricing
$10 per month
Functionality
5
ArchiOffice
ITQlick rating
4.3/5
Score
90/100
Pricing
3.2/10
License pricing
$7.95 per month
Functionality
18

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.