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NetSuite ERP vs SAP Business One on AWS comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Oct 10, 2024
 

Categories and Ranking

NetSuite ERP
Ranking in Cloud ERP
1st
Average Rating
7.8
Reviews Sentiment
7.4
Number of Reviews
35
Ranking in other categories
Activity Based Costing Software (5th), Billing Software (1st)
SAP Business One on AWS
Ranking in Cloud ERP
5th
Average Rating
8.6
Reviews Sentiment
5.9
Number of Reviews
23
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of December 2024, in the Cloud ERP category, the mindshare of NetSuite ERP is 34.9%, up from 30.5% compared to the previous year. The mindshare of SAP Business One on AWS is 2.5%, up from 1.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Cloud ERP
 

Featured Reviews

Venkat Sudni - PeerSpot reviewer
It's a user-friendly cloud-based solution that startups and small businesses can afford
Setting up NetSuite ERP is pretty straightforward. It's a plug-and-play solution that comes with the default bundle. We uploaded our GLs and charter accounts and added our company code to the architecture. It can be up and running in under a month. It takes at least five people to deploy NetSuite.
Madhava Pemmaraju - PeerSpot reviewer
The product is very user-friendly, has an easy-to-use interface, and ROI can be achieved in less time
Analytics could be much better. The solution must provide a lot of options so that the analytics dashboard looks much better. The vendor must bring in more analytics features. Currently, the analytics features are decent but not great. The production modules and HR components must be improved. Production planning and detailed warehouse management features must be improved. While migrating to AWS, we faced certain issues with the API integration and the configuration of the add-ons. We thought changes wouldn't be required, but some changes were required. We also faced some challenges with the compatibility of the patches. The additional functionalities must be more flexible and scalable.

Quotes from Members

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

Pros

"I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"NetSuite is a better value than some competing solutions. The fee structure is simpler, and other ERP solutions don't offer as many options for configuration."
"The features that have been most effective in improving the financial management perspective include the budgeting, revenue recognition, and accounting perspectives."
"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."
"We use it for the projects we do in the telecom industry."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
"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."
"We can install the bundles based on our needs."
"The most valuable feature is the ability to access it from anywhere."
"The way we can make changes in new fields, or make new rules with our IT department, has been very useful."
"As a business technology platform, it is a flexible platform. It enables the customer to do faster integrations, and the solution's functioning requires low cost."
"The product makes it easier to overview the ERP system and manufacturing processes through different modules."
"The most valuable aspect is that it is easy to use the software."
"Technical support from SAP is great."
"It is well-established and caters to our user base efficiently."
"With the tool, there is no shutdown or breakdown time my company experiences."
 

Cons

"There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for warehouse management systems and manufacturing automation via advanced manufacturing functionalities. I think they need to improve a little more on those aspects and make it easier on the scheduling aspect."
"It would be great if they offered localization for Central America."
"What needs to be improved is the development in the other areas and other businesses that can use NetSuite."
"The pricing is high."
"Some of the features around the payroll and payroll taxes and management of that are lacking. We had to outsource some of that because we found that the functionality isn't there."
"In NetSuite ERP, they should focus on offering better customization options."
"The product should improve its warehouse management solution."
"Additionally, adding advanced modules such as AI components or customer service modules could help the system become more scalable."
"The tool's cost is an area of concern where improvements are required."
"It would be better if the solution was on a cloud infrastructure."
"The reporting can be improved. Also, it is an expensive solution, and you need consultants for new interfaces as it's very rigid otherwise."
"I would like to achieve better integration with AWS so that it becomes more interconnected with the SAP system."
"I would like SAP to replace Business One's fixed Web client with a native Web solution. Right now, their remote access is based on RVP. We have to access the solution through a Windows-based client. It's not a native Web interface."
"The browser access needs to improve, as everybody in the industry knows how limited it is."
"Not a ten because it's not software for a structured company or something very big. That is my impression."
"There are limitations of SAP Business One. It's a complex topic, and exploring options like SAP HANA is challenging at the moment. Understanding the limitations of ERP requires thorough research. I suggest conducting some preliminary investigations into ERP products before making a decision. We chose SAP Business One as it caters to SMEs like ours, acknowledging and accepting its limitations. While a larger product exists, switching would entail budget considerations due to the ongoing implementations. Therefore, the current situation with SAP Business One is not a matter of concern."
 

Pricing and Cost Advice

"I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
"The price is less than the cost of daily hours."
"NetSuite ERP has a cost per module you want to use, and then you have the license per user."
"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."
"The price of the solution is quite high."
"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."
"It is expensive."
"The price of SAP Business One on AWS is reasonable for what we use it for."
"Licenses are available on a monthly or yearly basis, and it costs about $1,200 per license, per user."
"The product's license is expensive. It could be cheaper."
"The product is moderately priced."
"There is an annual licensing fee, and it changes once you add or remove users. The solution is on the upper-end side and expensive."
"The tool has better pricing models than S/4 HANA."
"The price of SAP Business One on AWS could be lower, it is expensive."
"The price of the limited version is about 70,000 Pesos ($2,900 USD), and the professional version is about double at 140,000 Pesos ($5,800 USD)."
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Top Industries

By visitors reading reviews
Educational Organization
45%
Computer Software Company
9%
Manufacturing Company
6%
Financial Services Firm
4%
Computer Software Company
13%
Manufacturing Company
13%
Financial Services Firm
10%
Educational Organization
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

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...
What do you like most about SAP Business One on AWS?
With the tool, there is no shutdown or breakdown time my company experiences.
What needs improvement with SAP Business One on AWS?
The tool's cost is an area of concern where improvements are required. Though the tool's cost is reasonable, it could be made a bit cheaper so that more people can utilize its services, especially ...
 

Overview

 

Sample Customers

2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
Comba Telecom, Exeter Family Friendly, GranBio, Kim Tech Ceong, Wego, Blue Ocean Systems, Whitebox Retail Logistics
Find out what your peers are saying about NetSuite ERP vs. SAP Business One on AWS and other solutions. Updated: December 2024.
824,053 professionals have used our research since 2012.