Compare sourceit and NetSuite - Jan 2023

Shlomi LaviShlomi Lavi / Jan 25, 2023

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - sourceit or NetSuite?

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 Procurement 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:

sourceit Vs. Oracle

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...

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? sourceit or NetSuite?

The real total cost of ownership (TCO) of Procurement 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 sourceit and NetSuite.

sourceit price starts at $350 per month , On a scale between 1 to 10 sourceit is rated 2, which is much lower than the average cost of Procurement 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 Procurement software cost.

Bottom line: NetSuite is more expensive than sourceit.

Which software includes more/better features?

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

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

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

Target customer size

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

sourceit

ITQlick rating
(4.7/5)

starts at $350 per month

sourceit is a growing cloud-based Supply Chain software, it is designed to support small, medium and large size business. sourceit received a rating of 4.7 from ITQlick team. The software cost is considered aff...

Categories: Billing & Invoicing, Accounts Receivable, Inventory Management, Supplier Management.

NetSuite

ITQlick rating
(3.8/5)

starts at $99 per user/month + $999 per month for the platform fee

NetSuite is a cloud ERP solution software that offers its users an all-inclusive platform that enables them to organize most office procedures and processes, such as eCommerce, CRM, and accounting for optimum e...

Categories: CRM, Distribution, Inventory Management, Supplier Management, Order Fulfillment.

Compare specifications

Compare features

sourceit: 5 Features

Project Budgeting
Auction Management
Supplier Qualification
Procurement
Supplier Management

NetSuite: 0 Features

We are working to collect the information
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
sourceit
ITQlick rating
4.7/5
Score
76/100
Pricing
3.4/10
License pricing
$350 per month
Functionality
17
Compare
NetSuite
ITQlick rating
3.8/5
Score
100/100
Pricing
7.8/10
License pricing
$99 per user/month + $999 per month for the platform fee
Functionality
7
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

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.