Shlomi Lavi /
Jan 25, 2023
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Bottom Line: Which is Better - Rent Online or NetSuite?
NetSuite is more expensive to implement (TCO) than Rent Online, and NetSuite is rated higher (100/100) than Rent Online (87/100). Rent Online offers users more features (24) than NetSuite (0).
Looking for the right Property Management 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:
London Computer Systems, Inc. Vs. Oracle
London Computer Systems, Inc.: Incorporated in 1988 and headquartered in Cincinnati, London Computer Systems (LCS) is a developer of business-critical software technologies used in all 50 states and several markets throughout the world. LCS products include Rent Manager®, one of the most widely-used property management and accounting solutions in the real estate industry, Net Di...
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...
Who is more expensive? Rent Online or NetSuite?
The real total cost of ownership (TCO) of Property Management 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 Rent Online and NetSuite.
Rent Online price starts at $1 per unit/month , On a scale between 1 to 10 Rent Manager Online is rated 4, which is lower than the average cost of Property Management software. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite to its competitors, the software is rated 6 - similar to the average Property Management software cost.
Bottom line: NetSuite is more expensive than Rent Online.
Which software includes more/better features?
We've compared Rent Online Vs. NetSuite based on some of the most important and required Property Management features.
Rent Online: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Billing & Invoicing, General-Ledger, Automatic Data Backup, Automatic Property Mapping, Customizable Applications, Email Owner Statements, Events Calendar.
NetSuite: We are still working to collect the list of features for NetSuite.
Target customer size
Rent Manager is good for both residential and commercial property management needs as it is designed especially for managing today real estate professional needs. and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.