Our editorial review staff has spent significant time using and reviewing two popular business management solutions: NetSuite ERP and Zoho Books. Here are our top insights to help you make an informed choice of which software is right for your business.
Oracle’s NetSuite ERP is a versatile and scalable solution known for its ability to be customized to suit a business’s particular needs. Its strongest areas are accounting and supply chain management, thought it offers excellent out-of-the-box functionality overall. However, it isn’t recommended for startups due to its complexity, and it lacks field service management and heavy manufacturing support.
NetSuite’s target audience includes businesses from 10 to over 10,000 employees. This software is highly customizable and can be integrated with eCommerce platforms, point-of-sale apps, and more. However, its setup can be tedious and you may need technical expertise for implementation.
Zoho Books is a cloud-based accounting software that offers comprehensive accounts receivables and payables functionality. Its strengths lie in time-tracking features, inventory management, and easy integration with other Zoho products. It is not the best choice for companies looking for a comprehensive ERP system beyond simple accounting.
Zoho Books is a good fit for small businesses with up to ten employees, particularly those in online retail spaces and digital marketing. It allows for the integration of additional apps for inventory, CRM, and more as your business grows. However, if your inventory grows too large, you will need to add extra software like Zoho Inventory.
NetSuite and Zoho Books serve two distinct market segements.
For most businesses, we recommend NetSuite ERP. The accounting and supply chain management capabilities, along with its highly customizable nature, make it a popular choice for businesses of all sizes. While setup and implementation may require some technical know-how, the scalability it offers is worth the initial effort.
Zoho Books is a better accounting option for small businesses in online retail or digital marketing. Its strength lies in its simplicity and affordability, but for a comprehensive ERP solution, NetSuite ERP comes out on top.
For a more comprehensive look at ERP solutions, check out our roundup of the best ERP software overall.