NetSuite ERP vs Oracle Cloud ERP

Likelihood to Recommend

NetSuite is well suited for a small to midsize company with remote workers. It may be more expensive than other ERP systems that can be run on-prem so if you have centralized locations and servers to run an ERP may not be the best choice. It is well suited if you have some experts to support it. If you are under tight budget constraints then it may not be the right product as licensing and support are expensive, not to mention you will have to reach out to consultants if you don't have a NetSuite admin in-house.

Read full review

Verified User

Technician in Information Technology

Consumer Goods Company, 11-50 employees

View all 86 answers on this topic

While I have used [Oracle Cloud ERP] while employed at smaller to mid-sized businesses it feels as if this program would be suited for a growing business to help guide it along the way and support it as things continue to materialize. This program has helped us track our revenue growth and realize that we needed to grow our organization chart based on the projections we were forecasting. It is one thing to have a gut feeling or have a report that someone would like a little extra help, but it is hard to argue with numbers and statistics because they don't lie.

Read full review

Verified User

Director in Marketing

Marketing and Advertising Company, 51-200 employees

View all 186 answers on this topic

Feature Rating Comparison

NetSuite ERP

Oracle Cloud ERP

Pay calculation

Benefit plan administration

Direct deposit files

Salary revision and increment management

Reimbursement management

NetSuite ERP

Oracle Cloud ERP

API for custom integration

Plug-ins

NetSuite ERP

Oracle Cloud ERP

Single sign-on capability

Role-based user permissions

NetSuite ERP

Oracle Cloud ERP

Dashboards

Standard reports

Custom reports

NetSuite ERP

Oracle Cloud ERP

Accounts payable

Accounts receivable

Global Financial Support

Primary and Secondary Ledgers

Intercompany Accounting

Localizations

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Centralized Rules Framework

Standardized Processes

NetSuite ERP

Oracle Cloud ERP

Inventory tracking

Automatic reordering

Location management

Manufacturing module

NetSuite ERP

Oracle Cloud ERP

Pricing

Order entry

Credit card processing

Cost of goods sold

Order Orchestration

End-to-end order visibility

Order exception Resolution

NetSuite ERP

Oracle Cloud ERP

Automated Invoice Processing

Shared Services Payments

Billings Management

Customer Receipt Applications

Customer Collections

Revenue Recognition

Cash Management

Asset Management

Travel & Expense Management

Budgetary Control & Encumbrance Accounting

Period Close

Transactions Tax

Subledger Reconciliations

3rd Party Accounting Systems

NetSuite ERP

Oracle Cloud ERP

Budgeting and Forecasting

Project Costing

Cost Capture

Capital Project Management

Customer Invoicing

Customer Contract Compliance

Project Revenue Recognition

Project Financial Performance Analysis

Project Financials Dashboard

Real-time Financial Reporting

Embedded Business Intelligence

Project Planning Collaboration

NetSuite ERP

Oracle Cloud ERP

Project Planning and Scheduling

Project Manager Dashboard

Resource Manager Dashboard

Task Insight for Project Managers

Project Manager Mobile Functionality

Team Member Task Collaboration

Team Member Mobile Functionality

Project Candidate Search

Project Candidate Comparison and Analysis

Defineable Resource Pools

Talent Profiles

Real-Time Project Reporting

Absence Management

Product Lifecycle Management

NetSuite ERP

Oracle Cloud ERP

Award Lifecycle Management

Spending Control

Indirect Cost Management

Billing

NetSuite ERP

Oracle Cloud ERP

Sourcing Team Collaboration

Sourcing Analysis

Bids Analyzed and Compared

Catalog Shopping E-Commerce for Employees

Contract Authoring

Contract Compliance Management

Contract History

Contract Renewal Automation

Contract Repository

Contract Standardization and Enforcement

Electronic Signatures

Invoice Automated Matching

Purchasing Risk and Compliance Management

Requisitions-to-Purchase Orders Integrated

Spend Compliance Management

Supplier Assessment

Supplier Communication and Collaboration

Supplier Management

Supplier Portal

NetSuite ERP

Oracle Cloud ERP

Risk Repository

Control Management

Control Mapping

Control Efficiency Assessments

Automated Control Assessments

Assessment Capture

Issue Detection

Automatic Notification

Remediation and Certification

NetSuite ERP

Oracle Cloud ERP

Transportation Planning and Optimization

Transportation Sourcing Management

Transportation Process Integration

Transportation Execution Management

Freight Payment Automation

Trade Management

Trade Regulatory Compliance Management

Customs Entry Management

Customs Document Management

Customs Document Collaboration

Fulfillment Management

Inventory Visibility

Warehouse Workforce Management

NetSuite ERP

Oracle Cloud ERP

Production Process Design

Supply Chain Business Flows

Production Management

Contracted Manufacturing Management

Configuration Management

Work Definition

Work Execution

Advanced Fulfillment

Manufacturing Costs

NetSuite ERP

Oracle Cloud ERP

Forecasting

Inventory Planning

Multi-tier Supply Chain Planning

Performance Monitoring

NetSuite ERP

Oracle Cloud ERP

Ideation Management

Requirements Management

Proposal Management

Innovation Portfolio Management

Product Master Data Management

Vendor Portal

Project Portfolio Management

Pros

NetSuite OneWorld allows a business to automate its intercompany elimination processes at month's end. If set up and maintained correctly, the system can fully automate this process, which for many businesses involves a lot of manual work (in Excel!)
NetSuite's audit trail throughout the system is outstanding, tracking changes by user, change type, date/time. You can easily see who made which edits to the database and when. This is often lost or non-existent in other platforms.
NetSuite is highly customizable to your business' requirements. Through specific modules, SuiteFlow and SuiteScript, the possibilities are almost endless, but what is great about NetSuite is that the standard functionality is suitable for many businesses.

Read full review

Sonny Spencer, ACA

NetSuite Systems Analyst

AvalaraComputer Software, 1001-5000 employees

View all 86 answers on this topic

Core financials (accounting hub--AP, AR, GL, and financial consolidations) are the best available in the software industry and an even better solution than its predecessor modules in Oracle EBS ERP
Inventory Cloud is very functionally rich
Procurement Cloud is very functionally rich

Read full review

Verified User

Professional in Sales

Information Technology and Services Company, 10,001+ employees

View all 186 answers on this topic

Cons

Commissions. Our company's commissions are very complex and while NetSuite can handle most of them, there is still lots of manual adjustments and work that we need to do before paying. With that said, some of these issues may be with our setup or to the fact that we keep changing our incentive plans.
Reporting. While you can design P&L and other reports in NetSuite, I've found it less intuitive and more difficult than it seems like it should be. Some of this is because of how the data is stored in the background. For example, sometimes the data you want in the same report comes from two different modules and in order to pull the data into one report, we need to run separate reports and then do lookups in Excel. This is a common theme in relational databases and not specific to NetSuite.

Read full review

Chris Snelling, CFA

Investments and Treasury Manager

TASC (Total Administrative Services Corporation)Financial Services, 1001-5000 employees

View all 86 answers on this topic

Exception reports especially on the PPM module do not provide project details. This makes it difficult to troubleshoot issues at the project level
OTBI custom role creation is highly cumbersome and is not user friendly. Granting users read only access is heavily implementer dependent rather than making IT self sufficient
Some of the ESS jobs that end in error do not provide an option to attach error logs as attachment during notification
Expense reporting is cumbersome without voice activation. But voice activation is costly.

Read full review

Verified User

Professional in Information Technology

Transportation/Trucking/Railroad Company, 201-500 employees

View all 186 answers on this topic

Likelihood to Renew

NetSuite ERP 8.0

Based on 22 answers

I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.

Read full review

Billy Barker

Creative Director

GPS Insight[object Object], 51-200 employees

View all 22 answers on this topic

Oracle Cloud ERP 8.5

Based on 10 answers

Oracle Financials cloud has intuitive user interface. It comes with collaboration tools like Oracle social network. It has most features and constantly innovating and coming out with new features. It is scalable and many resources are available in the market who specialize in this product. Oracle has built a good ecosystem of users, communities around the product. Oracle applications users group is a good starting point to learn about best practices and learn how other companies are leveraging the product.Oracle has built the product ground up using the latest technology. The product has the best features of all the companies oracle acquired in the last 10 years. Oracle has the highest portfolio of products in the market. You name a module, oracle has it. All these modules are tightly integrated and spread sheet friendly.

Read full review

Shiva Krishna

Oracle Cloud Procure to Pay Consultant

KPMG USReal Estate, 5001-10,000 employees

View all 10 answers on this topic

Usability

NetSuite ERP 9.0

Based on 11 answers

Through creation of various dashboards and KPIs the user does not really need to get very technically involved. They simply need to understand how to fill out a form, and through proper workflow creations they can be alerted when it is time to provide the necessary information or perform a necessary action to complete the next phase of the business process.

Read full review

Felix Garbuz

Director/NetSuite Administrator

Q Research Solutions51-200 employees

View all 11 answers on this topic

Oracle Cloud ERP 7.6

Based on 5 answers

We find the application very intuitive and most users and suppliers, once trained properly, have stated how easy the application is to use. Several users were reluctant to use Oracle Cloud, but once they dived in and learned how easy it was to create, view, and close their request they were ecstatic. This application has allowed users to have more visibility than previous applications.

Read full review

Danielle Shultz

Purchasing Supervisor

Health Care Service CorporationInsurance, 10,001+ employees

View all 5 answers on this topic

Reliability and Availability

NetSuite ERP 9.4

Based on 26 answers

It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime

Read full review

Verified User

Vice-President in Finance and Accounting

Computer Software Company, 201-500 employees

View all 26 answers on this topic

Oracle Cloud ERP 8.4

Based on 6 answers

Yes availability was initially an issue but like I said it has evolved and stabilized a lot better these days. We get hardly 1 or two unplanned outages in a year. That too during off peak hours and would get resolved before we even realize it. If Oracle could resolve even the sporadic unplanned outages then it would be awesome and highly reliable for customers.

Read full review

Verified User

Professional in Information Technology

Transportation/Trucking/Railroad Company, 201-500 employees

View all 6 answers on this topic

Performance

NetSuite ERP 7.7

Based on 24 answers

Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.

Read full review

Pamela Roberts

Controller

GlobalVetLINKComputer Software, 11-50 employees

View all 24 answers on this topic

Oracle Cloud ERP 8.0

Based on 6 answers

The performance of the application is good. Incase of any issues, one has to work with Oracle support. We enabled auditing on certain tables and experienced performance issues. We immediately raised with Oracle support and they helped in improving the performance.One has to proactively work with oracle support to identify the issues.

Read full review

Shiva Krishna

Oracle Cloud Procure to Pay Consultant

KPMG USReal Estate, 5001-10,000 employees

View all 6 answers on this topic

Support Rating

NetSuite ERP 1.0

Based on 20 answers

In my opinion, the best place to go to answer your NetSuite functionality questions is their Online Help. It is excellent. For true support questions, NetSuite offers a Knowledgebase to its customers. Also, for ERP, NetSuite has licensed accountants that provide support. With any support organization, you must be thorough in describing your issue though.

NetSuite has several different support levels - http://www.netsuite.com/portal/services/support_main.shtml

Read full review

Rob Gottschalk

Corporate Controller, Director of Sales

Solar WindsInformation Technology and Services, 501-1000 employees

View all 20 answers on this topic

Oracle Cloud ERP 7.6

Based on 16 answers

The support process is one of the nicer aspects of the software as a ticket can be opened quickly and tracked through the entire process from start to finish. The user always knows where their issue stands with the support team and can reach out to them for updated at any time.

Read full review

Verified User

Program Manager in Other

Computer Software Company, 201-500 employees

View all 16 answers on this topic

In-Person Training

NetSuite ERP 7.3

Based on 2 answers

I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot

Read full review

Verified User

Manager in Finance and Accounting

Computer Software Company, 201-500 employees

View all 2 answers on this topic

Oracle Cloud ERP 8.0

Based on 2 answers

The inperson trainings from Oracle University are effective. The trainers have vast experience and teached thousands of students. In person training will make people sit in a class and do the exercises. One can also learn from other students, who come with different background, industry etc. In person training will be an immersive experience and helps learn more in a short period of time.

Read full review

Shiva Krishna

Oracle Cloud Procure to Pay Consultant

KPMG USReal Estate, 5001-10,000 employees

View all 2 answers on this topic

Online Training

NetSuite ERP 8.0

Based on 7 answers

Online training is quite strong. I have used for specific pieces of functionality.However it is not sufficient in all areas.

Read full review

Verified User

Professional in Information Technology

Computer Software Company, 501-1000 employees

View all 7 answers on this topic

Oracle Cloud ERP 8.3

Based on 2 answers

We bought online training subscription from Oracle University. The subscription allowed our team to learn the nuts and bolts of the application.The subscription model helps access to all the modules as opposed to buying training for one module. We also leveraged guided learning subscription from Oracle. Guided learning is a state of the art learning application from Oracle. It resides within the application and guides the users on each and every step. This is learning by doing and is very effective.Once you buy guided learning, oracle keeps updating it with the release of new functionality in the quarterly upgrades.

Read full review

Shiva Krishna

Oracle Cloud Procure to Pay Consultant

KPMG USReal Estate, 5001-10,000 employees

View all 2 answers on this topic

Implementation Rating

NetSuite ERP 7.3

Based on 18 answers

Implementation was fine but could have gone quicker.

NetSuite provided me a implementation guide who I did not think was very knowledgeable.

I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.

Read full review

Verified User

Vice-President in Finance and Accounting

Computer Software Company, 11-50 employees

View all 18 answers on this topic

Oracle Cloud ERP 7.0

Based on 15 answers

Try to use the system as true to generic form as possible and cut over quickly. Parallel implementation is not recommended. If the numbers are accurate and materially similar to prior period - cut over. A small accounting adjustment is much better than millions in project overruns or dual system maintenance.

Read full review

Verified User

Consultant in Finance and Accounting

Banking Company, 10,001+ employees

View all 15 answers on this topic

Alternatives Considered

Zuora - does one thing and not that well. The best thing about it is consolidated invoicing. It's a point solution that thinks it's a platform. It's difficult to navigate, the navigation doesn't make much sense, and any customization is really just a deceptive crutch. NetSuite is a stark contrast in those areas. Still, I would be remiss not to mention there are a number of minor nuances in Zuora we prefer over NetSuite's SuiteBilling module; some of them add up to noteworthy, but, in the scheme of things, NetSuite is a much better tool and SuiteBilling is maturing.Salesforce - it's a self-perpetuating marketing machine. It's not a bad product, but the praise and popularity are, in my opinion, grossly disproportionate to reality. It's like any other hot brand, and there are products as good or better. NetSuite doesn't beat it in a lot of areas but it is a contender in most, and better in a number of areas. Salesforce's reporting capabilities are weaker (I say clumsy) compared to NetSuite; neither are reporting tools, but NetSuite goes a long way. Perhaps it's because NetSuite is Oracle SQL based and Salesforce kinda made their own flavor. NetSuite chose a better path with their API being Javascript based, where Salesforce is an overly complicated path. Relating records (as mentioned earlier in my review) and then actually viewing them is a strange thing in Salesforce that I think NetSuite makes very easy.

Read full review

Joshua Henke

Senior Netsuite Architect / Developer

Q2ebankingFinancial Services, 501-1000 employees

View all 86 answers on this topic

Oracle Cloud ERP is more flexible, more negotiable and has better breadth and support worldwide. Their reports are better and speed of implementation is faster. It stacks better since the company is larger, more stable, and has more research and development. There are more references to check with peers too.

Read full review

Verified User

Executive in Finance and Accounting

Education Management Company, 5001-10,000 employees

View all 186 answers on this topic

Scalability

NetSuite ERP 8.4

Based on 5 answers

We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.

Read full review

Aaron Kleinhandler

CEO

Spectrio, LLCMarketing and Advertising, 51-200 employees

View all 5 answers on this topic

Oracle Cloud ERP 8.0

Based on 2 answers

Orcle ERP Cloud transformed and stabilized in this past 2 years since it was implemented. We have past the auditor reviews and 24 month end closes and 8 quarter closes and 2 FY closes. Above all we do have SEC reporting with all this data. Having said that our ERP subscription is a worthy investment and highly reliable source of information for our organization's needs

Read full review

Verified User

Professional in Information Technology

Transportation/Trucking/Railroad Company, 201-500 employees

View all 2 answers on this topic

Return on Investment

Allowed us to close month-end more quickly and more efficiently
Accountants are able to take on more responsibility as they are spending less time mapping between softwares
Centralized all of Finance's data under one software. Billing, FP&A, and Accounting all use NetSuite for various purposes

Read full review

Verified User

Analyst in Finance and Accounting

Computer Software Company, 1001-5000 employees

View all 86 answers on this topic

As we upgraded from Oracle EBS, moving to Oracle ERP Cloud allowed us to streamline infrastructure costs associated with on-prem deployments.
Localization features allowed Oracle ERP cloud to be deployed globally, as all-encompassing enterprise solution.
Streamlined, modern user interface of Oracle ERP cloud made training and transition a manageable task.

Read full review

Verified User

Director in Information Technology

Financial Services Company, 201-500 employees

View all 186 answers on this topic

Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

NetSuite ERP Editions & Modules

Edition

Base License	$999¹
Access Cost	$99²

per month
per user per month

Additional Pricing Details

—

General

Free Trial

Yes

Free/Freemium Version

—

Premium Consulting/Integration Services

Yes

Entry-level set up fee?

Required

Oracle Cloud ERP Editions & Modules

—

Additional Pricing Details

Pricing per user varies by component within the Oracle ERP Cloud solution. Please see pricing information for the ERP Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.

Rating Summary

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP

NetSuite ERP

Oracle Cloud ERP