Best NetSuite Alternatives & Competitors in 2020

By Lexi Wood • Updated on March 16th, 2020
LinkedIn

NetSuite ERP cloud-based software is one of the most deployed enterprise resource planning (ERP) solutions in the world. It’s popular because, as an ERP solution, it helps companies to collect and utilize business data through automated applications like accounting, procurement, supply chain management, and much more. NetSuite software helps companies around the globe increase productivity, reduce errors, and influence business decision making with real-time data visibility.

A few of the most well-known features include:

  • Full ERP suite with business intelligence tools
  • Cloud-based deployment
  • B2B and B2C ecommerce capabilities
  • Custom configurations through modules and third-party developed add-ons

NetSuite is a popular solution for medium-sized companies with 50-500 employees. A Software Connect evaluation found almost a quarter of users were working in professional services. The distribution and manufacturing industries make up another quarter. NetSuite has been used by more than 40,000 organizations in over 160 countries. NetSuite Organization Size Study More than half of NetSuite users reported having between 10 and 99 employees to Software Connect.

However, there are many reasons this software might not be right for your business. Some reasons users have decided to find an alternative to NetSuite include:

  • Too expensive to implement and high annual subscription fees
  • Doesn’t have the right applications for large enterprises
  • Too much functionality for smaller businesses
  • Mobile setup is not user-friendly
  • Limited customer support

Another big reason users have turned away from NetSuite? They don’t offer their ERP software to small businesses. Whether your company has been deemed too small or you want to switch your users to a better suited software system, start your free search with Software Connect.

Software Connect has the full list of alternative ERP solutions for your business.There are several alternatives to NetSuite, depending on what features of the software are most important to your business:

Best for
Cloud-based Use
Oracle ERP Cloud Screenshot
Oracle ERP Cloud
100% online services
Capabilities include financial management and reporting
Pricing starts at $175 per month
Good for
Ecommerce
SYSPRO Screenshot
SYSPRO
Manages global distribution networks
Modules are fully integrated
Highly flexible and always innovating
Best for
Configurations
Odoo Screenshot
Odoo
Free community version
Large support userbase
Heavy customization options
Small Business
SAP Business One Screenshot
SAP Business One
Made for small to medium businesses
Scalability for growing businesses
Add-on applications

Find out why each software was selected as an alternative to NetSuite ERP:

Good for BI Tools
Dynamics GP
★★★★★
★★★★★
(29)

Inventory Control Application
Inventory Control Application
Bill Of Materials Application
Advanced Picking Application
Manufacturing Resource Planning Application
Manufacturing Resource Planning Application
What We Like
Easily personalized BI tools
Flexible deployment options including Cloud
Additional modules available from Independent Software Vendors (ISVs)
What We Don’t Like
Base software lacks certain tools like CRM, CCP
3rd party modules for additional features may slow down software
Complicated user interface
Overview
Price Range: $$$
Starting Price: $65/month/user
Client OS: Windows, Web

As an ERP suite with BI tools, Microsoft Dynamics GP is a popular solution for those who want an alternative to NetSuite. The base “starter pack” version has many of the same features, like: Accounting with general ledger, accounts payable/receivable, billing, and budgeting Supply chain management with inventory control Human resources and payroll

These commonalities have made Microsoft Dynamics GP such a good option for companies who want to switch from NetSuite. The price is also similar, as it’s based on licensed functionality, add-ons, user count, and hosting needs. According to one review:

Dynamics GP! the best ERP solution on the market. We have been using this platform in our corporation to perform some critical operations ranging from financial management, accounting, sales to service management. I would recommend businesspersons to try this platform if they have the quest of fulfilling some of the obligations like payroll, human resource, and reporting. @ Kaganjo M Kelvin, Ngere Tea Factory

The NetSuite ERP software suite includes a lot of popular BI modules. In fact, there are specific business intelligence software systems with a similar range of features to NetSuite.

Best for Cloud-based Use
Oracle ERP Cloud
★★★★★
★★★★★
(2)

Home Screen
Navigator
Transactions
Asset Tracking
Task Management
Project Plan
What We Like
No expensive hardware required for deployment
Automated and controlled financial planning and reporting
Multiple Cloud-based products for additional functionality
What We Don’t Like
High implementation costs
Basic reporting tools
Additional costs for integrated products
Overview
Price Range: $$$$$
Starting Price: $175/month/user
Client OS: Web

Once known as Oracle Fusion, Oracle Cloud ERP applications can be scaled to fit your business. This software simplifies controls to streamline business decisions and increase productivity. The main suite It includes accounting features like a general ledger, accounts payable and receivable, and cash management. Along with financial applications, various modules cover procurement, risk management, and supply chain management.

As a cloud-based solution, Oracle software is available on multiple devices with real-time updates. Companies with multiple business partners or internal departments can use cloud-operations to streamline communication. You also gain security, as anything which occurs on-premise cannot harm your data in the cloud.

According to a recent user:

Compared to other systems, the drill-down capabilities and projecting your balances is great. I have not seen that level in other systems before. Integrations between other modules and the GL is great. @ Steve

There are a lot more Cloud-based ERP software options which are comparable to NetSuite. Search the options available on Software Connect to find the right alternative for your company.

Good for Ecommerce
SYSPRO
★★★★★
★★★★★
(13)

Sales Order
Employee Performance
Schedule
Customer Query
AR Customer Maintenance
Stock Take
Structures & Routing
SYSPRO Overview
What We Like
Built with over 40 years of manufacturer and distributor expertise
Business intelligence tools
Integration with AI, MI, IoT, and Cloud-hosting
What We Don’t Like
Primarily aimed at manufacturers and distributors
Difficult to customize
3rd party add-ons may be necessary, like EDI and shipping notifications
Overview
Price Range: $$$$
Starting Price: $199/month/user
Client OS: Windows, Web

More and more companies are utilizing ecommerce solutions during B2B and B2C interactions. SYSPRO ERP has customer relationship management tools for handling invoices, sales quotes, and other communications with your clients. Along with basic accounting solutions, this software has more advanced features like forecasting, credit card processing and inventory management.The business analytic applications are scalable to match the size of your industry.

An anonymous user says:

Pros: Tracks inventory and costs in details. Integrates easily with MS-Office tools, especially Excel, Outlook and Word. Designed ground-up for manufacturers and distributors. Workflow - for accounting and procurement process. Pretty powerful and integrated software. Easily customizable without a developer. Stable and low total-cost compared to other ERP products. Cons: Some modules like Budget preparation with a team is a 3rd party add-on. @ Anonymous

Best for Configurations
Odoo
★★★★★
★★★★★
(6)

CRM Pipeline
Project Tasks
Invoicing
What We Like
Endless customization options
Over 10,000 applications and 550+ certified partners
Free if self-installed without additional applications
What We Don’t Like
No centralized support
Upgrades not free
May have to build specific modules yourself
Overview
Price Range: $$$
Client OS: Web

Odoo allows users access to the source code in order to develop their own applications. This ERP software is free, though there are a number of paid applications available. The main 30 applications include accounting, billing, BI, CRM, ecommerce, fleet management, MRP, POS, WMS, and quote management.

One user who switched to Odoo from NetSuite had this to say:

As a former Netsuite customer, we had the bar set very high in terms of functionality and flexibility. What we weren’t expecting is the usability to be simple. This software package is so complete it usurps even Netsuite in terms of flexibility and is so easy to use that getting new users on the system and productive is just a matter of a few hours and in some cases, not even that. If Apple were to design an ERP, Odoo would be it. Mobile app gives you almost complete usage available as well. @ Jennifer

While Odoo is a popular open source ERP system alternative to NetSuite, there are many custom configurable solutions out there. Review more open source ERP software options for your business.

Small Business
SAP Business One
★★★★★
★★★★★
(9)

Enterprise Search
Cash Flow
What We Like
A single, integrated platform
Specifically intended for small to medium companies
Additional modules available from Independent Software Vendors (ISVs)
What We Don’t Like
Base software lacks certain tools like CRM, CCP
Additional add-ons cost more
May not be suitable for businesses which grow too big
Overview
Price Range: $$$$
Starting Price: $410/year/user
Client OS: Windows

Smaller businesses who can’t get NetSuite often turn to SAP Business One for their ERP software. The majority of companies relying on this alternative have between 10 and 100 employees. It’s highly customizable thanks to a variety of add-ons, just ike NetSuite. The basic system includes accounting, CRM, and human resource applications. It’s easy to access real-time data and generate reports since SAP is deployed on-premise and through the Cloud.

SAP Business One is an affordable, easy-to-implement business management solution designed specifically to meet the needs of emerging and dynamically growing small companies. A solution that gives managers on-demand access to critical real-time information through one single system containing financial, customer relationship management, manufacturing, and management control capabilities. The solution that enables rapid employee productivity, while empowering managers to make better business decisions and stay ahead of the competition. @ Leslie, Mitchell Proffitt Company

More NetSuite Alternatives

There are many more software options out there. However, finding one with all the features you want can be difficult. For example, Intacct and Quickbooks are well-known alternatives if you only need financial applications. If you need supply chain management or human resource software, you’ll need to keep looking. The solution you pick must address all your business processes.

Still not sure which NetSuite alternative is right for you? Talk with our software experts by emailing [email protected] to learn more about custom solutions for your ERP system.

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