Top ERP Alternatives: Find the Best for Your Business

Have you been on the lookout for ERP alternatives and competitors and want a reliable source? Juggling tasks can truly be tough especially if you have growing businesses. Read on as we explain all about the best ERP solution in the market, along with a list of runner-ups which streamline your work operations. From NetSuite vs Microsoft Dynamics to more, we have listed everything!

The Best ERP Competitors and Alternatives

NetSuite ERP

Winning as the top ERP solution for businesses, Netsuite is leading the way by gaining the trust of over 38,000 companies on a global base. NetSuite is a widely used ERP software that streamlines all the business operations by automating all the important operations and providing real-time insights into financial and operational performance.

• Accounting
• Financial Management
• Management of orders
• Global business management
• Warehouse and fulfillment .
• Managing supply chain and inventory

Pricing

For NetSuite ERP, you can get custom quotes depending on the services you take. Our team will guide you through choosing optional modules, calculating the number of users, and managing the core platform. Although you’ll have to pay a one-time setup fee as a user, you can also go for free trials and demos before making a purchase.

Pros:

• Comprehensive features for various business needs.
• Strong financial management, including accounting and budgeting.
• High-level security for data protection.
• Supports multiple currencies and languages for global operations.>
• Extensive third-party integrations.

Cons:

• Requires significant customization for specific business needs.
• Limited user-interface customization options.
• Limited mobile app functionality.

What Makes NetSuite Better?

 

NetSuite is an excellent choice in comparison to the other ERP software, and it includes all of the following:

• Adaptability: NetSuite can easily scale with your company, allowing different users to incorporate payroll, managing inventory, CRM, and more. It also includes free domestic entities and extra features.
• Expert in different industries: NetSuite is the perfect ERP software and works with various industries. It also helps increase the ROI and reduce risks.
• Improved Reporting and Insights: NetSuite offers flexible built-in reporting and business intelligence tools. This allows users to quickly perform operations across different records within their database.
• Support for multiple subsidiaries: NetSuite provides real-time visibility into consolidated financials for all the subsidiaries.
• Quick and easy search: NetSuite’s global search function works like Google, making it very easy and fast to find any information in the database thanks to the united structure.

You can maximize your returns via NetSuite by contacting ERP Success Partners, who are professionals in the field and help you gain all the benefits from this ERP software.

Why is NetSuite Chosen Over Competitors?

NetSuite is chosen over competitors because it provides solutions based on your industry.  It has deep integration capabilities which make it one of the top ERP softwares in the market. NetSuite is known to provide end-to-end ERP solutions which are tailored to the needs of your business.

NetSuite vs Sage Intacct

Features:

• Accounts payable and receivable
• Cash management
• General ledger
• Recognition of revenue
• Global consolidation
• Reporting multi-dimensionally

Target Audience They are usually more suitable for small to medium-sized businesses that require accounting solutions. Pricing:  The pricing entirely depends on the needs of the business, the users, and how complex the organization is. However, the median annual contract for businesses is around $60,000.

NetSuite vs Certinia

Certinia is designed as a comprehensive business platform that helps in the integration of power service operations such as delivery, customer success management, accounting, financial planning, and more.

• Invoicing
• Budgeting
• Financial data tracking
• Project management
• Budgeting and forecasting
• Tracking time

Pricing—The starting subscription payment for a user is $18 per month, and for advanced system software, it can go up to $76 per month for up to 25 users. Target audience  Certinia is ideal for medium-sized service businesses, global organizations prioritizing customer-centric operations, and agile businesses. If your organization needs to unite processes and functions, such as finance, accounting, and teams under one platform, then Certinia is a good choice. Pricing The pricing usually begins at $175 per user per month to access all the features. The total cost is based on the modules and the type of license.

NetSuite vs SAP

SyteLine is another ERP software for manufacturing designed to help manufacturers streamline their business processes. It provides a single platform that integrates and tackles several aspects of businesses, such as financial management, production management, supply and chain management, and customer relationship management. Features:

• Scalable
• Customizable
• Multiple integration options
• Modular design
• Works with compliance frameworks

Target Audience SAP is created for medium-sized businesses and companies in areas. It helps companies in healthcare, finance, retail, and manufacturing. It helps decrease the cost, increases the efficiency of the business, and provides insights. This way companies can make  the right decisions which can profit them in the future and make operations smooth.

Pricing 

The SAP pricing is based on the number of users and the types of modules required. It also includes the level of customization a business needs.

NetSuite vs Workday

Workday is an ERP software which helps businesses through their cloud-based software. Now make your operations straightforward, get HR assistance, and help in finance.It is an all-in-one software solution that provides real-time visibility into operational trends and critical data.  Features

• Financial management
• Tracking time and attendance
• Managing human capital
• Reporting and analytics
• Wide range of integrations

Target Audience The software is primarily designed for medium to large businesses who are looking for help in HR and finance. Pricing  Workday has a decent pricing model and is perfect for businesses with an annual contract value of $55,000.

NetSuite vs Plex Systems

Plex Systems is designed to assist manufacturers during production, control quality, manage inventory, maintain, and provide real-time visibility. Features: 

• Cloud-based
• Has a modular design
• Can be integrated with EPM and CRM systems
• Quality management control
• Business analytics and intelligence

Target audience Plex Systems is designed specifically for medium to large-sized manufacturers. Pricing The pricing is based on the size of the organization and the number of users.

Netsuite vs Microsoft Dynamics 365

Microsoft Dynamics 365 is a cloud-based ERP and CRM software launched in 2016 to help organizations manage their business. It includes managing operations, improving customer relationships, and driving growth. Dynamics 365 includes a wide range of applications catering to different services such as finance, marketing, sales, customer service, supply chain, and field service. Features:

• Instant access to sales insights
• Mobility for service on-field
• Smart search capacity
• Can be integrated with other Microsoft products

Target Audience Dynamics 365 is created for a wide range of organizations, from small-medium businesses to large organizations across healthcare, retail, manufacturing, finance, and professional services. Pricing: The pricing of the organization depends on the size and the number of users. It starts at around $50 per user per month, depending on the type of account.

NetSuite vs Infor

Infor Enterprise Asset Management (EAM) software is designed to help businesses manage their assets, reduce the amount of downtime, and make their maintenance processes smooth. It was founded in 2002 and has become the top enterprise software provider. They offer services to different industries including manufacturing, retail, healthcare, and hospitality. Features:

• Assist in asset management
• Help in work order management
• Procurement
• Help in maintenance management
• Manage and monitor inventory

Target Audience: Infor is used by medium-sized companies and enterprises in retail, manufacturing, hospitality, and manufacturing. Pricing The pricing at Infor is dependent on the size of the organization and is also scalable.

NetSuite vs Oracle Fusion Cloud ERP

Oracle Fusion Cloud ERP was founded in 1977 and provides enterprise software to different industries such as finance, healthcare, retail, and hospitality. They offer multiple features such as project management, managing and catering to risks, supply chain management, and procurement. Features:

• Management of finances
• Cloud-based
• Integrations and extensibility
• Enterprise performance management
• Reporting and analytics

Target Audience  Medium-sized businesses and large companies use Oracle ERP across a variety of industries Pricing: The base pricing is around $625 per month and $7500 per year, with 10 minimum users. This means the software’s base cost is at least $75,000 annually.

Which is Better: NetSuite or Microsoft Dynamics?

Resting the eternal debate of the best tool, NetSuite is perfect for a diverse range of businesses, especially those who are related to services, B2C organizations, and eCommerce. With a growing database of more than 38,000 global customers, companies have experienced +50% ROI during their first three years of investment.

Connect With Us Now!

Now that you have read about NetSuite and its competitors, you know it stands out. Make your life easier, get assistance from the team of professionals at ERP Success Partners, and simplify your work. Let us help you integrate NetSuite so you can monitor all the important tasks!