Compare Ricochet Consignment and NetSuite for Retail - Jun 2022

Shlomi LaviShlomi Lavi / Jun 25, 2022

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Bottom Line: Which is Better - Ricochet Consignment or NetSuite for Retail?

NetSuite for Retail is more expensive to implement (TCO) than Ricochet Consignment, and NetSuite for Retail is rated higher (96/100) than Ricochet Consignment (83/100). NetSuite for Retail offers users more features (10) than Ricochet Consignment (5).

Looking for the right Consignment POS 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:

Ricochet Vs. NetSuite

Ricochet: Ricochet Consignment Software was created for the consignment industry by those who know it best. Consignment and resale stores were left behind by advancements in POS and inventory solutions by the retail industry and it's time to catch back up. We have created our consignment point of sale software to combine modern technology with traditional c...

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...

Who is more expensive? Ricochet Consignment or NetSuite for Retail?

The real total cost of ownership (TCO) of Consignment POS 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 Ricochet Consignment and NetSuite for Retail.

Ricochet Consignment price starts at $99 per month , On a scale between 1 to 10 Ricochet Consignment Software is rated 2, which is much lower than the average cost of Consignment POS software. NetSuite for Retail accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Ricochet Consignment Software is rated 2, which is much lower than the average cost of Consignment POS software.

Bottom line: NetSuite for Retail is more expensive than Ricochet Consignment.

Which software includes more/better features?

We've compared Ricochet Consignment Vs. NetSuite for Retail based on some of the most important and required Consignment POS features.

Ricochet Consignment: Consignment, Customer Management, Employee Management, Inventory Management, Point of sale.

NetSuite for Retail: Bar Code Scanning, Credit Card Processing, Customer History, Customer Management, Discounts.

Target customer size

Ricochet Consignment's typical customers include: Small, medium and large size businesses, NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector.



Ricochet Consignment

ITQlick rating
(4.7/5)

starts at $99 per month

Ricochet Consignment Software is a point-of-sale cloud-based platform that is built to help consignment shops as well as thrift any size of businesses. The software can be deployed on the Cloud, On-Premise and ...

Categories: Accounting & Finance, Employee Engagement, Inventory Management, Inventory Management.

NetSuite for Retail

ITQlick rating
(3.8/5)

NetSuite multi-channel retail management suite is software for retailers from various industries. As this system is web-based, data can be accessed from anywhere and revised in real time. This retail management...

Categories: Billing & Invoicing, Expense Tracking, Retail & POS, Retail, Rental.

Compare specifications

Compare features

Ricochet Consignment: 5 Features

Consignment
Customer Management
Employee Management
Inventory Management
Point of sale

NetSuite for Retail: 10 Features

Bar Code Scanning
Credit Card Processing
Customer History
Customer Management
Discounts
eCommerce
Inventory Management
Print Receipt
Reporting
Shipping/Delivery Setup
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
Ricochet...
ITQlick rating
4.7/5
Score
83/100
Pricing
2.8/10
License pricing
$99 per month
Functionality
15
Compare
NetSuite...
ITQlick rating
3.8/5
Score
96/100
Pricing
7.8/10
License pricing
Pricing not available
Functionality
20
ConsignPro
ITQlick rating
4.6/5
Score
85/100
Pricing
4.2/10
License pricing
$129 per feature
Functionality
30
ConsignmentTill
ITQlick rating
5/5
Score
82/100
Pricing
2.8/10
License pricing
$399 per license
Functionality
17
The Cons...
ITQlick rating
4.7/5
Score
80/100
Pricing
4.6/10
License pricing
$89.95 per month
Functionality
14

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.