Compare ShipMonk and NetSuite for Retail - Mar 2022

Shlomi Lavi

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

NetSuite for Retail is more expensive to implement (TCO) than ShipMonk, and NetSuite for Retail is rated higher (96/100) than ShipMonk (76/100). NetSuite for Retail offers users more features (10) than ShipMonk (5).

Looking for the right Inventory 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:

ShipMonk Vs. NetSuite

ShipMonk: ShipMonk is revolutionizing eCommerce order fulfillment by providing the most personal and attentive fulfillment and inventory management solution for today's global economy. Our multichannel order fulfillment service and inventory management software enables small companies to focus on building their brand and achieving next-level growth. It's how...

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? ShipMonk or NetSuite for Retail?

The real total cost of ownership (TCO) of Inventory 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 ShipMonk and NetSuite for Retail.

ShipMonk price starts at $3 per order , On a scale between 1 to 10 ShipMonk is rated 2, which is much lower than the average cost of Inventory Management 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 ShipMonk is rated 2, which is much lower than the average cost of Inventory Management software.

Bottom line: NetSuite for Retail is more expensive than ShipMonk.

Which software includes more/better features?

We've compared ShipMonk Vs. NetSuite for Retail based on some of the most important and required Inventory Management features.

ShipMonk: Data Analysis Tools, Work Order Management, Asset Tracking, Accounting Integration, Warehouse Management.

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

Target customer size

ShipMonk's typical customers include: SMBs, NetSuite Retail Management Suite is recommended for mid-sized firms as well as for nationwide organizations in the retail sector.