Top NetSuite Competitors:
The Best NetSuite Alternatives for Your Business
NetSuite is a dominant force in cloud-based enterprise resource planning (ERP) software. As a pioneer in cloud-based deployment, NetSuite has long targeted midsize businesses that were traditionally underserved by other major ERP vendors.
However, other vendors have now caught up with NetSuite, meaning there are more ERP options than ever for growing small and midsize businesses (SMBs). On top of that, while NetSuite is well-reviewed by users we speak to, we have noticed some common complaints about NetSuite:
So, to help prospective buyers understand what else is out there, we put together this guide to NetSuite’s competitors.
We’ve grouped NetSuite’s top competitors into two categories: Systems that are most frequently asked about in comparison to NetSuite, and systems that are rated highly in this market that compete with NetSuite directly.
The most asked about products were determined by tracking search volume for terms pertaining to NetSuite in comparison to another product.
Note: you can learn more about our Alternatives methodology here.
Intacct is the most frequently asked-about product in comparison to NetSuite. Like NetSuite, Intacct is a cloud-based ERP system that covers core financials, order management, inventory management and more.
However, Intacct might not be appropriate for businesses in manufacturing, as it offers no modules in that functional area, while NetSuite does. But, for organizations that only need basic ERP functionality at a relatively affordable price, Intacct is a viable option.
An industry heavyweight, SAP is also one of the most frequently asked-about vendors in comparison to NetSuite. While SAP’s primary customer base is large enterprises, in recent years it has offered cloud-based ERP platforms for midsize businesses.
SAP Business One is one such platform. Like NetSuite’s OneWorld offering, SAP Business One is best suited for midsize businesses that operate in multiple countries. In addition to offering the gamut of standard ERP applications and modules, it offers multicurrency support and additional modules for maintaining compliance with international regulations.
SAP might have the edge for larger organizations that are scaling rapidly and need an ERP system that can grow with the organization. The benefit of the SAP ecosystem is that upgrading to enterprise tiers is easier for organizations already using a mid-market solution from SAP.
Sage offers a line of ERP platforms that target different business sizes and industry niches. In general, its platforms are used by small and midsize manufacturing and distribution firms. For smaller organizations, the “entry-level” platforms offered by Sage, such as Sage 100, may be adequate, whereas NetSuite could be overkill.
The Microsoft Dynamics line of products includes a number of different platforms targeted at different business sizes and industry segments, with offerings geared toward SMBs across a wide range of industries. We’ve found that Microsoft Dynamics GP, in addition to being one of our most highly rated ERP platforms, is also frequently compared against NetSuite.
Like Intacct, Microsoft Dynamics GP is not well-suited for manufacturing firms, as it lacks crucial functional areas. However, it is possible to partner with a Microsoft-certified Independent Software Vendor (ISV) to build out whichever applications and functions you might need.
Though Oracle recently acquired NetSuite for a cool $9 billion, NetSuite’s product line isn’t going anywhere anytime soon. Indeed, many prospective buyers will still find themselves faced with choosing between NetSuite or Oracle. For prospective buyers looking at NetSuite, Oracle JD Edwards is perhaps the most comparable out of its lineup of systems. Like NetSuite, JD Edwards is aimed at mid-market businesses, but is an on-premise system.
Like NetSuite, Oracle JD Edwards is best suited for midsize organizations that operate internationally and have complex manufacturing and supply chain management requirements.