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Coupa Invoice vs NetSuite ERP comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Coupa Invoice
Ranking in Billing Software
7th
Average Rating
9.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
NetSuite ERP
Ranking in Billing Software
1st
Average Rating
7.8
Number of Reviews
35
Ranking in other categories
Activity Based Costing Software (5th), Cloud ERP (2nd)
 

Mindshare comparison

As of November 2024, in the Billing Software category, the mindshare of Coupa Invoice is 5.7%, up from 4.2% compared to the previous year. The mindshare of NetSuite ERP is 11.4%, down from 18.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Billing Software
 

Featured Reviews

RJ
May 29, 2022
Integrates seamlessly, is simple to install, and has responsive internal technical support
Coupa Software is a Business Spend Management application for Q2K. Coupa Software is a Business Spend Management solution. We use Coupa Invoice internally. It's for general purchases when we have supplies. We have a catalog punchout, for example. That's for more internal office supplies that we…
Venkat Sudni - PeerSpot reviewer
Jun 2, 2023
It's a user-friendly cloud-based solution that startups and small businesses can afford
NetSuite is a complete set of business applications that covers everything from financial auditing to manufacturing and customer support NetSuite ERP is a user-friendly cloud-based solution that posts into the GL in real time. You can see your profitability at the order level.  The…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature of this solution is the user interface, which is extremely simple and very modern compared to other similar software available."
"The most valuable feature in NetSuite ERP is the user interface."
"NetSuite ERP has dramatically improved our organization. We went from QuickBooks to NetSuite. You can compare this transition to changing from tennis shoes to a flying car."
"NetSuite ERP is good for a trading company that involves buying and selling."
"The inventory feature in NetSuite ERP is very valuable to me because it provides clear estimates about the depreciation of details and includes useful mobile modules."
"The user interface is very good."
"We leverage the core platform but are able to add additional functionality for ease of use, tailored processes, and industry related reporting."
"It is a very solid product for finance and procure-to-pay processes."
"The features that have been most effective in improving the financial management perspective include the budgeting, revenue recognition, and accounting perspectives."
 

Cons

"Pricing and partner support could be improved."
"Additionally, adding advanced modules such as AI components or customer service modules could help the system become more scalable."
"NetSuite ERP's UI could be improved. There are some features that are very complex that do not have to be. There are some aspects of the solution that could be simplified and this can include the documentation. Since it's a very complex tool, you expect to have great detailed documentation to help you implement it."
"The pricing is high."
"The product should improve its warehouse management solution."
"What needs to be improved is the development in the other areas and other businesses that can use NetSuite."
"The manufacturing and planning side could be improved. That part isn't up to date. NetSuite could be easier to integrate in general."
"The solution is not user-friendly and it is complex to use."
"I would like to see improved customization options in NetSuite ERP, possibly through generative modules, to enhance flexibility and efficiency."
 

Pricing and Cost Advice

"According to what I've heard and understood, it's on the pricey side."
"The price of the solution is quite high."
"Pricing for NetSuite ERP is okay, but it could be better. The licensing model for NetSuite ERP is based on the number of modules and users. The standard license covers up to twenty-five users. If you have more than twenty-five users, you'll have to buy the premium license, which would double the price. For one module with five user licenses, the cost is between $40,000 to $50,000."
"The price is less than the cost of daily hours."
"There is an annual license required to use this solution."
"Regarding costs, it's not just about licensing. Customization recurring costs can become expensive over five to eight years, especially with new releases. However, NetSuite ERP integrates well with third-party applications, so it can still be used for finance while another ERP is used for localized production."
"It is expensive."
"I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
"It's very competitively priced due to it being a subscription model. So, clients are quite happy with the pricing. I would rate it an eight out of ten in terms of pricing."
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Top Industries

By visitors reading reviews
Computer Software Company
21%
Manufacturing Company
13%
Real Estate/Law Firm
10%
University
7%
Educational Organization
43%
Computer Software Company
9%
Manufacturing Company
6%
Financial Services Firm
4%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

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What do you like most about NetSuite ERP?
The inventory feature in NetSuite ERP is very valuable to me because it provides clear estimates about the depreciation of details and includes useful mobile modules.
What is your experience regarding pricing and costs for NetSuite ERP?
If you buy it through Europe or North America, it is quite expensive. However, if you can buy it from developing markets according to NetSuite, you can get significant discounts, up to 70%.
What needs improvement with NetSuite ERP?
Reports are good but not perfect. The custom reports could be improved. The initial setup process for reports can be a bit complicated and may require more user-friendly options. My previous compan...
 

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Overview

 

Sample Customers

Sanofi, Alder Biopharmaceuticals, Amerinet, Armstrong Worldwide Industries, Auction.com, FirstMerit Bank, Grass Valley, Intermedia, NEC, NPL, ON24, Pandora, SCI, CSAA Insurance Group, World Vision
2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
Find out what your peers are saying about NetSuite, IBM, Zuora and others in Billing Software. Updated: October 2024.
814,649 professionals have used our research since 2012.