Compare NetSuite and Precoro - Apr 2024

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite or Precoro?

NetSuite is more expensive to implement (TCO) than Precoro, and NetSuite is rated higher (100/100) than Precoro (88/100). Precoro offers users more features (6) than NetSuite (0).

Looking for the right ERP 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:

Oracle Vs. Precoro

Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...

Precoro: Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform.

Who is more expensive? NetSuite or Precoro?

The real total cost of ownership (TCO) of ERP 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 and Precoro.

NetSuite price starts at $99 per user/month + $999 per month for the platform fee , On a scale between 1 to 10 NetSuite is rated 6, which is similar to the average cost of ERP software. Precoro price starts at $35 per user/month , When comparing Precoro to its competitors, the software is rated 2 - much lower than the average ERP software cost.

Bottom line: NetSuite is more expensive than Precoro.

Which software includes more/better features?

We've compared NetSuite Vs. Precoro based on some of the most important and required ERP features.

NetSuite: We are still working to collect the list of features for NetSuite.

Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.

Target customer size

NetSuite's typical customers include: Start up, Small business, Medium business, Large business, and Precoro's target customer size include: Small, medium and large size businesses.