Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.

Best For:

NetSuite is best for small businesses with 10 to 50 employees, mid-market companies with 50-200 employees, and enterprises with over 10,000 employees.

Not a Good Fit For:

NetSuite isn’t great for process manufacturers since their core manufacturing module focuses more on discrete bill of materials rather than recipes and formulas. It’s also generally overkill and prohibitively expensive for smaller businesses or sole proprietors.

Buildium is a cloud-based property management software that helps businesses manage rental properties located in over 50 countries. The software can manage 5000 (or more) rental properties including residential, commercial, student housing, affordable housing, and community associations.

Best For:

Buildium is the most cost-effective for businesses with over 20 units. The software can handle all of residential properties, community associations, commercial properties, affordable housing, and student housing.

8.3

Our Rating

based on our expert editorial analysis

7.3

USER RATING

based on 25 user reviews

Our Verdict:

We like NetSuite for its robust accounting and supply chain management capabilities. It also offers out-of-the-box functionality and a mature, cloud-native design. Additionally, NetSuite integrates with eCommerce platforms, point-of-sale apps, and more.

We don’t recommend it for startups due to its complexity. It lacks field service management and heavy manufacturing support. Implementation may require technical expertise.

Pros:

Hundreds of third-party add-ons available
Feature sets for multiple industries
Highly customizable
Advanced audit trail
Scalable, web-based ERP software system

Cons:

Must schedule a consult for pricing details
Tedious setup
Difficult to build reports
No equipment management
No field service management

7.7

Our Rating

based on our expert editorial analysis

10.0

USER RATING

based on 1 user reviews

Our Verdict:

Buildium impressed us with their robust accounting tools–easily handling everything from automated bookkeeping and collections to full-scale accounting, including 1099s. This makes it a fantastic option for larger rental management companies. However, the lack of user-friendliness with tenant onboarding and rent collection left us wanting more.

While Buildium is incredibly scalable with a killer free marketing website, the extra charges and lack of live support in the basic plan may leave smaller businesses and sole property managers feeling like they aren’t a priority.

Pros:

Scalable (can be used for 1 unit or 5,000 units)
Core package includes all property accounting features
No minimum unit count
Annual pricing discounts available
Automated bookkeeping, collections, and payments

Cons:

A la carte pricing for certain features
Electronic leases only free with Plus version
Charges a fee to set up bank accounts
No live support with basic plan

Price Range
$ $ $ $ $
$ $ $ $ $
Starting Price $99/user/month
Client OS Web

Price Range
$ $ $ $ $
$ $ $ $ $
Starting Price $55/month
Client OS iOS, Android, Web

After thorough testing, our editorial staff has reviewed both NetSuite ERP and Buildium to help you determine which is best for meeting your company’s software needs.

Buildium Overview

Buildium is a cloud-based property management software that stands out for its included accounting tools. We found it handles everything from automated bookkeeping and collections to full-scale accounting, including 1099s. This makes it a good option for larger rental management companies.

Buildium is most cost-effective for businesses managing at least 20 units, whether those are residential, commercial, community associations, affordable housing, or student housing.

While the tenant onboarding and rent collection features could be more user-friendly, Buildium’s scalability and free marketing website make it a strong contender. Smaller businesses and sole property managers may feel neglected due to the lack of live support in the basic plan and extra charges for certain features.

NetSuite ERP Overview

NetSuite is known in the ERP world for its customization and scalability. With both accounting and supply chain management capabilities, it offers out-of-the-box functionality on a mature, cloud-native design. Its ability to integrate with eCommerce platforms, point-of-sale apps, and more, makes it a very versatile solution.

NetSuite is may not be the best fit for startups due to its complexity and lack of field service management and heavy manufacturing support. Its main downsides are its tedious setup process, difficulty in building reports, and lack of equipment management and field service management features.

Buildium vs NetSuite: Which is Better for Most Businesses?

Buildium and NetSuite serve vastly different market segments. As a result, if you’re in the market for a versatile, scalable ERP solution, NetSuite is likely your best bet. Its robust features and extensive customizability make it a powerful tool for businesses of all sizes.

However, for those specifically looking for an effective property management system, Buildium’s comprehensive accounting tools and scalability make it a more suitable choice.

To explore more options and find the solution that best fits your needs, check out our roundup of the best ERP software.

NetSuite ERP

★★★★★

(25)

Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.

Price Range

$ $ $ $ $

Starting Price

$99/user/month

Client OS

Web

Deployment

Cloud Hosted

Buildium