Compare Stripe and NetSuite Financials - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - Stripe or NetSuite Financials?

Stripe is more expensive to implement (TCO) than NetSuite Financials, and Stripe is rated higher (91/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than Stripe (4).

Looking for the right Payment Processing 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:

Stripe Vs. NetSuite

Stripe: Stripe is a simple, developer-friendly way to accept payments online. We believe that enabling transactions on the web is a problem rooted in code, not finance, and we want to help put more websites in business. Complexity and opacity have traditionally been hallmarks of online payment processing. We want to fix that.

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? Stripe or NetSuite Financials?

The real total cost of ownership (TCO) of Payment Processing 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 Stripe and NetSuite Financials.

Stripe price starts at $500 per license , On a scale between 1 to 10 Stripe is rated 4, which is lower than the average cost of Payment Processing software. NetSuite Financials price starts at $499 per user/month , When comparing NetSuite Financials to its competitors, the software is rated 2 - much lower than the average Payment Processing software cost.

Bottom line: Stripe is more expensive than NetSuite Financials.

Which software includes more/better features?

We've compared Stripe Vs. NetSuite Financials based on some of the most important and required Payment Processing features.

Stripe: Basic Reports, Data Import/Export, Online Customer Support, Multiple Payment Forms.

NetSuite Financials: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.

Target customer size

Customers of the software include businesses of all sizes without any distinction of industry. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.