NetSuite ERP vs. Stripe Payments

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
Stripe Payments
Score 9.0 out of 10
N/A
Stripe is a payment gateway software solution which supports a range of payment related needs such as subscription management and recurrent billing via Stripe Billing, integration with third party payment services via the Stripe Connect API, assistance starting an Internet business which accepts payements via Stripe Atlas, fraud prevention via Stripe Radar, and payment analytics via Stripe Sigma. Additional features and modules include Stripe Issuing, which allows users to create,…
$0.02
per charge
Pricing
NetSuite ERPStripe Payments
Editions & Modules
No answers on this topic
Sigma
$0.02
per charge
Radar
$0.05
per screened transaction
Issuing
$0.10
per virtual card
Terminal
2.7% + 0.05
per successful charge
Integrated
2.9% + 0.30
per successful charge
Atlass
$500
one-time fee
Premium Support
1,800
per month
Customized
Contact sales team
Offerings
Pricing Offerings
NetSuite ERPStripe Payments
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 ERPStripe Payments
Considered Both Products
NetSuite ERP
Chose NetSuite ERP
I've used several of the other accounting and ERP software out there. But I think this one compares very well, I find it to be very intuitive.
Stripe Payments
Chose Stripe Payments
We also use Your Pay from First Data to process credit card payments for some of our legacy customers. The functionality is fairly similar, although the user interface in First Data is a bit more clunky than Stripe, and it doesn't allow for customers to enter their own credit …
Features
NetSuite ERPStripe Payments
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
15 Ratings
148% below category average
Stripe Payments
-
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
21% above category average
Stripe Payments
-
Ratings
API for custom integration9.264 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
Stripe Payments
-
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
Stripe Payments
-
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
319 Ratings
3% above category average
Stripe Payments
-
Ratings
Accounts payable8.3313 Ratings00 Ratings
Accounts receivable8.4289 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
Stripe Payments
-
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
257 Ratings
18% above category average
Stripe Payments
-
Ratings
Pricing9.953 Ratings00 Ratings
Order entry7.9253 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
255 Ratings
6% above category average
Stripe Payments
-
Ratings
Billing Management8.5244 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
Stripe Payments
-
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
Stripe Payments
-
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
Stripe Payments
-
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
Stripe Payments
-
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
Stripe Payments
-
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
Stripe Payments
-
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
Stripe Payments
-
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
173 Ratings
16% above category average
Stripe Payments
-
Ratings
Forecasting8.817 Ratings00 Ratings
Inventory Planning7.7170 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
Stripe Payments
-
Ratings
Proposal Management2.610 Ratings00 Ratings
Product Master Data Management3.29 Ratings00 Ratings
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
NetSuite ERP
-
Ratings
Stripe Payments
7.7
8 Ratings
7% above category average
Fraud Detection00 Ratings7.58 Ratings
API or SDK00 Ratings8.38 Ratings
Recurring Payment Support00 Ratings7.08 Ratings
Billing and Invoicing Support00 Ratings8.38 Ratings
Global Support00 Ratings8.07 Ratings
Payment Form Acceptance00 Ratings7.27 Ratings
Best Alternatives
NetSuite ERPStripe Payments
Small Businesses
Zoho One
Zoho One
Score 9.4 out of 10
Apple Pay
Apple Pay
Score 8.9 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Apple Pay
Apple Pay
Score 8.9 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
Adyen
Adyen
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NetSuite ERPStripe Payments
Likelihood to Recommend
8.4
(410 ratings)
8.9
(85 ratings)
Likelihood to Renew
8.5
(50 ratings)
10.0
(3 ratings)
Usability
7.9
(272 ratings)
7.9
(7 ratings)
Availability
9.0
(16 ratings)
-
(0 ratings)
Performance
8.0
(15 ratings)
-
(0 ratings)
Support Rating
5.9
(217 ratings)
10.0
(16 ratings)
In-Person Training
7.3
(2 ratings)
-
(0 ratings)
Online Training
6.4
(10 ratings)
-
(0 ratings)
Implementation Rating
5.4
(17 ratings)
10.0
(1 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 ERPStripe Payments
Likelihood to Recommend
NetSuite
It is suited well for its scalability and offerings of options as you need them. Auditing Where lesser ERPs require multiple 3rd party connections to get certain functionality, NetSuite ERP offers it as part of the core already or as an advanced feature you can opt into. It is still a part of the NetSuite environment and managed by NetSuite.
Read full review
Stripe
We had a client who wanted a QR to use in their marketing, which enabled their clients to donate to us. It was so useful to be able to set it up, and we can track the views and donations received using this code. Another client with issues with our website wanted to set up a monthly subscription, so I sent her a payment link, which worked brilliantly. For clients that want to make one-time donations, it also lets the client choose the amount. The only scenario where we haven't been able to help is when clients want to change the card associated with the payment - whilst we understand it is for security/gdpr, it means they have to cancel and set up something new, which poses the danger that we may lose them as a customer.
Read full review
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
Stripe
  • They are reliable. I can count on everything going smoothly with transactions.
  • They are accurate. I don’t run into problems with collecting the proper amounts or being overcharged for fees.
  • They have good customer service. If I have a question about the customer portal or a problem with a customer, they help me resolve these issues.
Read full review
Cons
NetSuite
  • I have found it to be a bit slow sometimes when saving.
  • I am not sure if this is Chase Bank or NetSuite, but a direct link to upload bank transactions or credit card transactions would be nice.
  • This is too hard, bc Netsuite works really well.
Read full review
Stripe
  • It would be nice to be able to see my Shopify payments from my main payment gateway. I currently have to go to Shopify for that.
  • The ability to be able to offer discounted rates at a smaller threshold would be nice.
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
Stripe
Stripe is the leader in the industry when it comes to any type of industry. All that is needed is a plan and then implementing that plan either with a developer, or through the help of Stripe's customer service team to assist in getting you setup. The ease of use time it takes to get up and running is second to none
Read full review
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.
Read full review
Stripe
Stripe offers a very easy-to-navigate platform with many different functions. From linking it to our website and accounting platform to tracking our payments, being able to issue a refund quickly if required, and setting up QR codes and payment links for subscriptions or one-time donations, it really covers so many aspects that we need and use on a weekly and monthly basis.
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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
Read full review
Stripe
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.
Read full review
Stripe
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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Stripe
Stripe's support is nearly perfect – great attention to detail, fast response times, and a willingness to really dig into issues and get to the bottom of them. In the five years we've been using Stripe, the only negative thing I can say about their customer support is that it seems like there has been a slight shift to less technical front-line support agents, which means it's more likely your issue will have to be escalated before you get more information. This, however, has happened as Stripe rolled out more real-time support features like call and chat, and that really isn't workable if you're escalating everything right off the bat. It's absolutely an acceptable trade-off.
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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
Read full review
Stripe
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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Stripe
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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Stripe
It took less than an hour to have everything setup and running
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Alternatives Considered
NetSuite
Advanced features that Netsuite had. Easy integration with other financial and CRM systems. Implementation and governance can be easy handled. Easy to maintain and support. Handles very high volume of data. More new features are in pipeline. As it is used across many company and around the globe, it has good community, so no resource constraint.
Read full review
Stripe
Stripe is easier to use and offers better support and rates. My favorite part with Stripe is probably their ready-to-use plug-in that's offered for me. We have multiple eCommerce stores and we rely on our payment process going smoothly. The plug-in from Stripe is free, constantly updated, secure, and very easy to implement.
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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.
Read full review
Stripe
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
Stripe
  • It makes getting money from your clients really easy
  • It gives your clients the guarantee that their payment information is totally secure and confidentially used and kept
  • It is very easy to integrate with online assets of the company
  • In a couple of occasions, some companies have wanted me to use Stripe for them to pay me, and I have had a couple of hiccups. This was more related to the way that these companies set up the Stripe integration of my account to their platform. In both cases, the integration has not been possible and to this date, I still do not know why with exactitude.
  • As I said before, the commissions kept by Stripe could be lower, and shared with the CC companies, rather than having us clients pay for all of o it.
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ScreenShots

NetSuite ERP Screenshots

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