NetSuite ERP vs. ServiceNow IT Asset Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NetSuite ERP
Score 8.1 out of 10
N/A
NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.N/A
ServiceNow IT Asset Management
Score 8.0 out of 10
N/A
ITSM / ITOM specialist ServiceNow launched its software asset management solution in 2017. Built on the Now Platform, the ServiceNow IT Asset Management bundle, which includes the CMDB module also as well as the relatively new SAM module, allows users to manage software licenses and hardware assets with IT workflows and lifecycle visibility. This bundle presents a solution to users not using the ServiceNow ITSM bundle.N/A
Pricing
NetSuite ERPServiceNow IT Asset Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERPServiceNow IT Asset Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsUsers subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
More Pricing Information
Community Pulse
NetSuite ERPServiceNow IT Asset Management
Features
NetSuite ERPServiceNow IT Asset Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
15 Ratings
148% below category average
ServiceNow IT Asset Management
-
Ratings
Pay calculation1.013 Ratings00 Ratings
Benefit plan administration1.010 Ratings00 Ratings
Direct deposit files1.39 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
74 Ratings
22% above category average
ServiceNow IT Asset Management
-
Ratings
API for custom integration9.164 Ratings00 Ratings
Plug-ins9.947 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
81 Ratings
15% above category average
ServiceNow IT Asset Management
-
Ratings
Single sign-on capability9.762 Ratings00 Ratings
Role-based user permissions9.880 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
72 Ratings
30% above category average
ServiceNow IT Asset Management
-
Ratings
Dashboards9.971 Ratings00 Ratings
Standard reports9.970 Ratings00 Ratings
Custom reports9.970 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
316 Ratings
3% above category average
ServiceNow IT Asset Management
-
Ratings
Accounts payable8.3310 Ratings00 Ratings
Accounts receivable8.4286 Ratings00 Ratings
Global Financial Support9.926 Ratings00 Ratings
Primary and Secondary Ledgers9.928 Ratings00 Ratings
Journals and Reconciliations9.341 Ratings00 Ratings
Configurable Accounting9.935 Ratings00 Ratings
Standardized Processes9.937 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
48 Ratings
14% above category average
ServiceNow IT Asset Management
-
Ratings
Inventory tracking10.047 Ratings00 Ratings
Automatic reordering8.928 Ratings00 Ratings
Location management9.635 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
254 Ratings
18% above category average
ServiceNow IT Asset Management
-
Ratings
Pricing9.953 Ratings00 Ratings
Order entry7.9250 Ratings00 Ratings
Credit card processing8.937 Ratings00 Ratings
Cost of goods sold9.548 Ratings00 Ratings
Order Orchestration9.921 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
252 Ratings
6% above category average
ServiceNow IT Asset Management
-
Ratings
Billing Management8.5241 Ratings00 Ratings
Cash and Asset Management9.927 Ratings00 Ratings
Travel & Expense Management9.831 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting8.927 Ratings00 Ratings
Period Close9.935 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
32 Ratings
14% below category average
ServiceNow IT Asset Management
-
Ratings
Budgeting and Forecasting6.026 Ratings00 Ratings
Project Costing6.023 Ratings00 Ratings
Cost Capture6.022 Ratings00 Ratings
Capital Project Management4.014 Ratings00 Ratings
Customer Contract Compliance9.913 Ratings00 Ratings
Project Revenue Recognition6.922 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
17 Ratings
52% below category average
ServiceNow IT Asset Management
-
Ratings
Project Planning and Scheduling8.914 Ratings00 Ratings
Task Insight for Project Managers3.311 Ratings00 Ratings
Project Mobile Functionality3.010 Ratings00 Ratings
Definable Resource Pools3.68 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
12 Ratings
82% below category average
ServiceNow IT Asset Management
-
Ratings
Award Lifecycle Management3.57 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
19 Ratings
72% below category average
ServiceNow IT Asset Management
-
Ratings
Bids Analyzed and Compared3.58 Ratings00 Ratings
Contract Authoring1.910 Ratings00 Ratings
Contract Repository3.58 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated3.613 Ratings00 Ratings
Supplier Management9.913 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
11 Ratings
72% below category average
ServiceNow IT Asset Management
-
Ratings
Risk Repository3.58 Ratings00 Ratings
Control Management1.911 Ratings00 Ratings
Control Efficiency Assessments3.57 Ratings00 Ratings
Issue Detection3.58 Ratings00 Ratings
Remediation and Certification3.58 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
17 Ratings
75% below category average
ServiceNow IT Asset Management
-
Ratings
Transportation Planning and Optimization2.89 Ratings00 Ratings
Transportation Execution Management2.88 Ratings00 Ratings
Trade and Customs Management2.88 Ratings00 Ratings
Fulfillment Management9.914 Ratings00 Ratings
Warehouse Workforce Management2.511 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
16 Ratings
24% above category average
ServiceNow IT Asset Management
-
Ratings
Production Process Design8.912 Ratings00 Ratings
Production Management8.914 Ratings00 Ratings
Configuration Management9.910 Ratings00 Ratings
Work Execution9.912 Ratings00 Ratings
Manufacturing Costs8.914 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.4
170 Ratings
16% above category average
ServiceNow IT Asset Management
-
Ratings
Forecasting8.817 Ratings00 Ratings
Inventory Planning7.8167 Ratings00 Ratings
Performance Monitoring8.914 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite ERP
3.9
13 Ratings
60% below category average
ServiceNow IT Asset Management
-
Ratings
Proposal Management2.610 Ratings00 Ratings
Product Master Data Management3.29 Ratings00 Ratings
IT Asset Management
Comparison of IT Asset Management features of Product A and Product B
NetSuite ERP
-
Ratings
ServiceNow IT Asset Management
8.0
16 Ratings
3% above category average
Software and hardware inventory tracking00 Ratings8.616 Ratings
License management00 Ratings8.014 Ratings
Asset lifecycle monitoring00 Ratings8.615 Ratings
Contract management00 Ratings6.914 Ratings
Asset relationship management00 Ratings8.115 Ratings
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NetSuite ERPServiceNow IT Asset Management
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User Ratings
NetSuite ERPServiceNow IT Asset Management
Likelihood to Recommend
8.4
(410 ratings)
8.0
(17 ratings)
Likelihood to Renew
8.5
(50 ratings)
-
(0 ratings)
Usability
7.9
(272 ratings)
8.0
(2 ratings)
Availability
9.0
(16 ratings)
-
(0 ratings)
Performance
8.0
(15 ratings)
-
(0 ratings)
Support Rating
6.0
(217 ratings)
-
(0 ratings)
In-Person Training
7.3
(2 ratings)
-
(0 ratings)
Online Training
6.4
(10 ratings)
-
(0 ratings)
Implementation Rating
5.4
(17 ratings)
-
(0 ratings)
Configurability
8.7
(5 ratings)
-
(0 ratings)
Ease of integration
7.3
(3 ratings)
-
(0 ratings)
Product Scalability
9.0
(8 ratings)
-
(0 ratings)
Vendor post-sale
4.8
(2 ratings)
-
(0 ratings)
Vendor pre-sale
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
NetSuite ERPServiceNow IT Asset Management
Likelihood to Recommend
NetSuite
Well-suited for invoice processing, generation, report building, and searches. I also like the fixed asset management tool; however, one area there I wish were a little more user-friendly. changing the asset type or department without having to create a bunch of JE's and doing transfers. For the most part, though, NetSuite is very user-friendly, and I can complete most tasks without issues.
Read full review
ServiceNow
As I have used it as a ticketing tool, so it has an ability to integrate very well with other softwares to help make co ordination in your work much easier. Whenever, I used to get a scenario from end user regarding an issue via chat, the service now window would pop up immediately as it was integrated.
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Pros
NetSuite
  • Tracks fixed assets and debt activity for month end rollforwards.
  • Creates a solid audit trail and supporting documentation path for anyone to follow, internally or externally (auditor).
  • Maintains reporting structure and workflow processes for better implementation as training or process improvement/overhaul.
Read full review
ServiceNow
  • Single place portal for employees and IT for assets assigned
  • Track the requests raised by employees and manage the historical record for reference
Read full review
Cons
NetSuite
  • More in-built reports can be added. Existing reports are not having all the details in granular level that we need for financial reporting,
  • Support can be improvised, as all the support tickets are taking more time to resolve.
  • More customisation required with scripting to generate user specific reports.
Read full review
ServiceNow
  • The ITAM dashboards and forms can feel overwhelming for agents or managers who don’t use the system every day.
  • While the reporting tools are robust. building custom, dynamic reports still requires a decent understanding of the ServiceNow Platform.
Read full review
Likelihood to Renew
NetSuite
NetSuite is able to cover all of our needs, spanning multiple departments and managerial levels. We use it daily for a multitude of functions, including creating promotions, estimating inventory, pulling historical reports, forecasting sales, and more. Overall, we're very satisfied with NetSuite as an ERP solution and recommend it to medium to large businesses.
Read full review
ServiceNow
No answers on this topic
Usability
NetSuite
NetSuite is a cloud tool, and is easy to implement for mid-sized organizations. It comes with standard forms/ printing layouts, and financial reporting (both summary and detailed), which are very handy for business users. In addition to these, with 99.99% service availability, NetSuite makes it one of the most reliable ERP tools available on the market.
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ServiceNow
On overall look, ServiceNow IT Asset Management works amazingly well and it is easy to use for beginners. It is a great tool for all types of companies and with customisation and integration options, ServiceNow IT Asset Management becomes a giant. There are few scope of improvements which when done, will level this tool up.
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Reliability and Availability
NetSuite
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
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ServiceNow
No answers on this topic
Performance
NetSuite
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.
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ServiceNow
No answers on this topic
Support Rating
NetSuite
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
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ServiceNow
No answers on this topic
In-Person Training
NetSuite
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
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ServiceNow
No answers on this topic
Online Training
NetSuite
Online training is quite strong. I have used for specific pieces of functionality.However it is not sufficient in all areas.
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ServiceNow
No answers on this topic
Implementation Rating
NetSuite
I felt NetSuite Professional Services did an excellent job of guiding us in the implementation. I also felt our internal teams were a little resistant to the change and engagement of new software. Had we performed better engaging and buying into the new software, I would be able to rate the implementation better. Therefore, the lower number should not be viewed as a deficiency with the software or the professional services teams, but as an reminder of how important complete buy-in from the local users is.
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ServiceNow
No answers on this topic
Alternatives Considered
NetSuite
QuickBooks Online is, by far, a better and easier-to-use product for smaller companies. Only switch to Netsuite if you have to. We switched to NetSuite because we have numerous subsidiaries, and QuickBooks would not be able to handle the complexity.
Read full review
ServiceNow
Remedy for one was a tool to be installed on my computer whereas ServiceNow is a web-based tool and is available to use everywhere since it's a SaaS offering. Next is reporting which you have to use formulas in remedy but you have that good UI for easy report creation
Read full review
Scalability
NetSuite
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.
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ServiceNow
No answers on this topic
Return on Investment
NetSuite
  • NetSuite software has improved our process controls and enhanced cash management, especially in huge projects.
  • The software has helped us with budgeting, forecasting, and real-time financial reporting.
  • Introduction of NetSuite ERP into our organisation has completely changed the way we do things by enhancing compliance, ensuring real-time project milestone tracking, and enabling portfolio management.
Read full review
ServiceNow
  • By tracking license usage, we’ve been able to reallocate unused licenses instead of purchasing new ones, saving thousands annually.
  • With the integration to Amazon Connect and Zoom Phone, agents can instantly view user assets during calls, which has reduced average resolution time and improved customer satisfaction scores.
Read full review
ScreenShots

NetSuite ERP Screenshots

Screenshot of one view into the most critical business processes.Screenshot of Netsuite's mobile-friendly design