NetSuite Pricing Guide (Jul 2020)

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NetSuite Pricing

ITQlick rating
(3.8/5)

Starting from $99 per user/month

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 efficiency.

  • ITQlick score: 100/100

    Main category: Non-Profit

    Sub categories 7:

    • CRM
    • Distribution
    • Inventory Management
    • Supplier Management

    Typical customer size: Start up, Small business, Medium business, Large business

    Bottom line: When comparing NetSuite to alternative software tools, on a scale between 1 to 10 NetSuite is rated 7.8, which is more expensive than the average Non-Profit software cost.

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NetSuite Pricing - The Ultimate Guide

Shlomi Lavi / Jul 07, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

NetSuite Total Cost Rating: (7.8/10)

When comparing NetSuite to their competitors, on a scale between 1 to 10 NetSuite is rated 7.8, which is more expensive than the average Non-Profit software cost. NetSuite are offering few flexible plans to their customers, the basic cost of license starting from $99 per user/month, read the article below in order to calculate the total cost of ownership (TCO) which includes: customization, data migration, training, hardware, maintnance, updgrades, and more.

You can also leave your info with us to get a free custom quote with the break downs for your business needs.

Nonprofit Software Price Ranges

Non Profit organizations would have to pay between $0 and $85 a month for base subscriptions of Nonprofit software. The pricing model is generally in per month/per user form, unless otherwise stated by the offering vendor. There are other features that the software vendor can offer as well, such as Peer-to-peer fundraising services, Form for donation, and pledge management. Nonprofit software cost prices based on the workforce size of the company are as follows:

  • Small non profit organizations can expect to pay between $19 and $94 for Nonprofit Software. For example, Bloomerang pricing goes for $19 per month, Gabriel Church Management cost price for $20 a month, and Aplos Fund Accounting for $59 monthly. Furthermore, FastFund Accounting pricing starts at $42 a month, and its Premium plan at $94 per month. IconCMO cost price goes for $35 a month, and ShelbyNext Financials costs $79 per month.
  • Mid-sized organizations would have to pay between $150 and $585 for Nonprofit software. For instance, Tangicloud pricing starts at $199 a month, NonProfit+ at $585 per month, and DonorExpress at $150 a month. Other vendors include Orange Leap On Demand, which has a cost price of $199, DonateNow, which goes for $200 per month, and the pricing for Shepherd Staff nonprofit software is $499 one-off payment.
  • Large organizations can expect Nonprofit software to cost up to $16000. For example, DENALI FUND+ Accounting goes for $1999 one-time cost price, Serenic Navigator for NPO has a one-off license of $16000, and AccuFund Accounting Suite has a cost price of $2995. Other vendors include Banyon Fund Accounting, which outrightly charges $2500, Talisma Fundraising, a one-time fee of $8000, and Blackbaud Raisers Edge NXT pricing goes for $4000 annually.

The best of breeds under Nonprofit software have peculiar price ranges as well, and they as follows:

  • Advocacy Software Users can expect to pay $49-$149 a month for Advocacy software. NeonCRM pricing, for example, starts at $49 a month, with Essentials and Impact plans costing $99 and $149 per month. DonorPerfect Fundraising Software cost price starts at $89 per month, Argenta goes for $149, and CharityProud at $75 monthly.
  • Alumni Management Software Alumni Management Software products typically have price points between $0 and $299 a month. For illustration, Raklet Essentials cost price goes for $59 per month, with Free and Professional plans, which cost $0 and $119 a month. MobileCause Basics pricing starts at $249 per month, MemberClicks Level 1 at $299 for each month, and EveryAction at $109 a month. Furthermore, GiveGab has a cost price of $99 a month, Flipcause Starter plan goes for $100 per month.
  • Grant Management Software Grant Management Software units have a price range of $15-$85 a month. Fluxx Premium costs $15 a month, with a Prospecting plan, which goes for $40 a month. Foundant for Grantmakers starts at $75 per month, Eleo at $39 a month, and Sumac for $85 per month.
  • Association Management Software Users would have to pay up to $490 per month for Association Management software. For example, Bitrix24 pricing starts at $12 a month, with other plans such as CRM+ and Standard, which cost $36 and $51 a month. Findjoo begins at $50 a month, Mobilize at $49 per month, and Member365 at $149 monthly. Furthermore, Novi AMS cost price starts at $490 a month, TidyHQ at $79 per month, and 4aGoodCause at $84 monthly.
  • Online Fundraising Platforms This software has price points within $10 and $300 a month. For example, Donarius pricing starts at $48 a month, Auctria at $300 per month, and easyTithe costs $10 monthly. Furthermore, Donately pricing begins at $588 a year, Kindrid at $15 a month, and BiddingOwl at $249 a month. Also, MightyCause is free, but has an Advanced plan for $99 a month; DoJiggy Crowdfunding pricing goes for $399 a month, Its Events Pro, Golf Pro, and Donations plans cost $299, $299, and $39 a month, respectively.

Non-Profit Total Cost Breakdown

When it comes to selecting Non-Profit software product, buyers are primarily concerned about its cost. In fact, it is the cost that determines whether a potential buyer would go with the product. True, there is no one-size-fits-all formula to determine the “worth” of a software product, but as a software buyer, you want to make sure you get the best value for your money, without having to dig a big hole in your pocket.

Understanding the exact price of Non-Profit Software isn't easy as The overall cost of software includes the cost of software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership."

3 Software Pricing Models

There are primarily three common pricing models – Perpetual License, Subscription, and Commercial open source.

  • Subscription/Software-As-A-Service: - Relevant for NetSuite
    Under this software pricing model, the software is accessed over the Internet, as opposed to installed on-premises. The payment is made either on a per user basis or subscription basis. Ideally, customers are required to pay a recurring monthly fee until a specific period for using the software. Subscription pricing model is more common with Software-as-a-Service (SaaS) apps.
  • Upfront cost for customization and integration is less compared to perpetual license cost because there is not much flexibility with SaaS systems in this area.
  • Recurring cost is greater as customers are required to make monthly payments as subscription fee. Additionally customers using premium support services must pay an extra fee.
  • All in all, the total cost of ownership in the both cases is almost the same and may span over a period of 7-10 years, though you may have to pay a higher perpetual license fee upfront. The software cost may vary from starter to mid range to enterprise level apps in both cases.
  • Perpetual license: - Relevant for NetSuite
    A common pricing model for on-premise applications, perpetual license requires a customer to pay an upfront sum to own the software or other intellectual property on-premises for a fixed term.
  • Upfront cost involves the fee for installation, customization, integration with existing systems, besides perpetual license fee.
  • Recurring cost is low in this pricing model and may include cost for updates, maintenance, upgrades, and patches. Some vendors do offer premium support services, which come for an extra price.
  • Commercial open source: Not relevant for NetSuite
    The customer can acquire the software free of cost without having to incur any upfront license fee. As a customer, you’re solely responsible for the ongoing maintenance, upgrading, customization, and troubleshooting of the application to meet your specific needs. You are on your own for providing end-user support, since you are not locked in with a vendor-supplied software solution.

NetSuite - cost of customization:

If you need specific features in your software catering to your specific business requirements, the vendor will charge customization cost, depending on your needs and feature requirement. Ideally customization cost is more complex to calculate compared to licensing cost.

Some apps allow you to easily combine data from multiple sources, without any complicated query requirements, while some others can be embedded into different applications to provide enhanced reporting. If you seek products that support customizable dashboards and predictive analysis to identity possible trends and facilitate decision making, you may have to pay higher for all the customization features.

Additionally, the following factors may affect the cost of customization:
  • User interface changes
  • Configurable dashboards
  • Data elements required for tracking
  • Forms to collect additional data
  • Dashboard, management and operational reports that are needed.
  • Workflows and how complex they are.
  • Forms to collect additional data.
Here are some questions to answer: How much customization is needed? How many system you want to integrate to? Does your company work like industry standars or has it's own customize processes? What kind of special reports are needed?

In order to calculate the cost of customization you can use the following estimates:

  • Minimal customization - integrate with 1-2 systems: $2,500
  • Standard customization - integrate with 3-5 systems: $10,000
  • Fully customized system - integrate with more than 5 systems: $25,000

NetSuite - cost of data migration: Relevant for NetSuite

Most companies opt for data migration services from a vendor, which raises the cost of product ownership. If you choose to transfer data on your own, you can avoid paying the cost of data migration.
Data migration cost depends on the amount of data to be transferred, your current software, availability of migration tools, complexity of data, and gaps between the existing system and the new system.

If your data is stored in excel spreadsheets, then it may incur you a lot of time and money to migrate data from excel.
By involving a software services provider in data migration, you are asking them to offer additional services, for which you may have to pay extra.

As a rule of thumb the cost of data migration depents on how many records you want to migrate. Records can include number of Customers, invoices, financial transactions, products, versions, etc. Here is a list you can use as a rule of thumb:

  • 1,000 records: $500
  • 10,000 records: $2,500
  • 100,000 records: $10,000
  • 1,000,000+ records: $25,000

NetSuite - cost of training: Relevant for NetSuite

As a software buyer, you are required to pay extra for in-person training, though some vendors offer web-based training as part of the package. Training cost may involve end-user training, video/self training, group training, department training, and train the trainer.

Training cost derived from the training approach that you select for your organization:
  • End-user training.
  • Group/Department training.
  • Video /self training.
  • Train the trainer approach.

Here are some questions to answer: How many training groups (different departments, usages, type of users) are needed?

In order to calculate the cost of training you can use the following estimates:

  • 1-2 Training Sessions: $500
  • 3-4 Training Sessions: $1,500
  • 5-7 Training Sessions: $2,500
  • 8-10 Training Sessions: $5,000

Cost of Hardware & IT: - Relevant for NetSuite

This can be a major expense for on-premise software buyers that need their own servers and other infrastructure to install the solution. This may be a costlier alternative than cloud solutions. In that case, you may want to go with cloud services that do not involve infrastructural investments and you can rely on the vendor’s web-based solutions.

Software pricing may also depend on software capabilities, including marketing automation, sales automation, help desk, and call center.

Cost of support for NetSuite - An Important Factor:

As a customer investing in a software product, you are looking for constant support, besides the price of the software. Support has become a crucial part of value-based pricing that you are willing to pay as a customer.

There is no use buying a software product and facing inconvenience due to some technical glitches that you know nothing about and are reliant on the vendor to give you a solution. It is crucial that you go for a product from a vendor that provides solutions to ongoing problems.

Shift From Licensing Fee to Subscription Fee Models: - Relevant for NetSuite

In an effort to build more sustained relationships with customers, most software vendors have chosen to offer the managed services model to accommodate changing customer behavior. There has been a significant drop in licensing revenue, thanks to the emergence of software-as-a-service model and downfall of the packaged software.

The new pricing model requires customers to pay little upfront fee and ongoing subscription fee on a monthly basis. The alternate pricing model stretches payments over a period of few years compared to lump-sum licensing fee.

Customers are happy to pay small monthly installments for subscribing to the ongoing support and maintenance services from vendors, without having to pay large upfront payment which can be too much for small businesses.

Compare NetSuite pricing to Alternarive Non-Profit solutions:

When comparing NetSuite to alternative software tools, on a scale between 1 to 10 NetSuite is rated 7.8, which is more expensive than the average Non-Profit software cost.

How Can We Help?

The science of software cost/pricing may not be easy to understand. If you seek to understand software pricing model, get in touch with ITQlick experts. Contact us today and find solutions to all your questions. We will match software vendors that offer the best pricing on technology that fits your needs.