Compare NetSuite and sourceit - Apr 2024

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite or sourceit?

NetSuite is more expensive to implement (TCO) than sourceit, and NetSuite is rated higher (100/100) than sourceit (76/100). sourceit offers users more features (5) 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. sourceit

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...

sourceit: sourceit manages RFQs and bids in one location simply and quickly, creating a better competitive environment. sourceit project manages milestones, artwork, variations and collaborative communications better. sourceit analyses every aspect of performance intelligence making for better decisions. sourceit delivers a better way to manage and order fro...

Who is more expensive? NetSuite or sourceit?

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 sourceit.

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. sourceit price starts at $350 per month , When comparing sourceit to its competitors, the software is rated 2 - much lower than the average ERP software cost.

Bottom line: NetSuite is more expensive than sourceit.

Which software includes more/better features?

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

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

sourceit: Project Budgeting, Auction Management, Supplier Qualification, Procurement, Supplier Management.

Target customer size

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