Infor M3 vs NetSuite ERP comparison

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3,198 views|2,626 comparisons
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Comparison Buyer's Guide
Executive Summary

We performed a comparison between Infor M3 and NetSuite ERP based on real PeerSpot user reviews.

Find out in this report how the two Activity Based Costing Software solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Infor M3 vs. NetSuite ERP Report (Updated: November 2022).
655,711 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The most valuable feature of this solution is the Infor GL tool that allows us to do our application support and development.""It's very stable, and it handles all types of industrial and manufacturing businesses in very good ways. I've found it to be easy.""Its ease of use is most valuable. Inquiries are transparent, and it shows good information on each screen. We don't have to go to 14 different screens to find out about one item, which is a big advantage.""provides all modules, supply chain, HR - it's good for management."

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"NetSuite ERP is good for a trading company that involves buying and selling.""The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools.""The most valuable feature in NetSuite ERP is the user interface.""As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP. For example, you can put banners on your test and production environments to differentiate or segregate the logins to prevent mistakes. The solution is pretty easy to use and navigate, and it's more of a lightweight software. I like that it's a cloud product, so work is done on the front end rather than the back end. There's also a community for NetSuite ERP where you can raise your queries and issues. You'll find other people sharing experiences about common issues so you can get quick fixes from the community.""The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner.""Every year, they release a new version.""I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing.""It's integrated into everything well so you can navigate and use it in a very simple way."

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Cons
"Its initial setup was probably complex, but it is a very good system.""Infor should create one product to handle the whole business. At present, they make ERP systems for each type of business, and then sell additional features. I would like to have one system handing all organizations or all the business in deep ways and not have to buy additional features.""The solution is stable but not agile.""The implementation could be simplified, it's complex."

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"The solution is not user-friendly and it is complex to use.""There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for warehouse management systems and manufacturing automation via advanced manufacturing functionalities. I think they need to improve a little more on those aspects and make it easier on the scheduling aspect.""If you do go through an implementor, you need to be careful that they are actual implementors and not just resellers.""An area for improvement in NetSuite ERP is its accounting functionality because it has certain limitations. You can't maintain sub-ledgers or post accrued expenses in sub-ledger forms, so you'll need to post in journals. The pricing is another area that can be improved in NetSuite ERP because the pricing was lower when it wasn't part of Oracle, but after Oracle acquired Netsuite and NetSuite ERP was offered as a cloud service, the price went up.""If they could provide more integration options to connect with different products, that would be ideal.""The solution could be more stable.""It would be great if they offered localization for Central America.""The pricing is high."

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Pricing and Cost Advice
  • "There is a yearly licensing cost. The price is based on the modules you need. There are several modules, such as HR module, accounting module, sales module, scheduling module, etc., and the price will vary depending on the number of modules you choose. The customers always say that it's very expensive. It can cost a lot of money if your organization is huge. It's not implemented in a lot of organizations in my country because it's too expensive."
  • More Infor M3 Pricing and Cost Advice →

  • "When people buy ERP, it's a competitive situation and the pricing is paramount."
  • "It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing."
  • "There is an annual license required to use this solution."
  • "The price of the solution is quite high."
  • "NetSuite ERP has a cost per module you want to use, and then you have the license per user."
  • "Pricing for NetSuite ERP is okay, but it could be better. The licensing model for NetSuite ERP is based on the number of modules and users. The standard license covers up to twenty-five users. If you have more than twenty-five users, you'll have to buy the premium license, which would double the price. For one module with five user licenses, the cost is between $40,000 to $50,000."
  • More NetSuite ERP Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Infor M3 is a solid ERP, I worked with it prior to the Lawson/Infor merger. Very strong in process manufacturing with a good history in Food & Beverage, Life Sciences, and other verticals. S3 is used… more »
    Top Answer:It's very stable, and it handles all types of industrial and manufacturing businesses in very good ways. I've found it to be easy.
    Top Answer:Infor should create one product to handle the whole business. At present, they make ERP systems for each type of business, and then sell additional features. I would like to have one system handing… more »
    Top Answer:The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the… more »
    Top Answer:It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a… more »
    Top Answer:There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for… more »
    Ranking
    Views
    3,198
    Comparisons
    2,626
    Reviews
    4
    Average Words per Review
    407
    Rating
    8.3
    Views
    7,696
    Comparisons
    5,196
    Reviews
    8
    Average Words per Review
    1,181
    Rating
    7.4
    Comparisons
    Also Known As
    Infor Lawson M3, Lawson M3
    Learn More
    Overview

    Infor M3 offers ultimate flexibility in operations, technology, and scale. As a multi-site, multi-country, and multi-company solution, M3 empowers your organization to adapt to changing business needs. It provides flexibility in managing mixed-mode and complex environments, with the agility to make quick adjustments at any time. Written in Java, M3 also gives you platform independence and choice.

    Global ERP NetSuite OneWorld Allows Companies to Manage Back Office Operations Globally AND Locally. NetSuite OneWorld addresses the complex multi-national and multi-company needs of mid-market organizations. Enable businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up. Get unprecedented visibility of your business worldwide in real time, ensuring consistent, compliant management across the organization, locally and globally. NetSuite OneWorld can populate a single charts-of-accounts across subsidiaries, or use separate charts-of-accounts for each company with postings between subsidiaries such as expense allocation managed via inter-company journals. Local taxes are readily handled across subsidiaries with an embedded tax engine that allows for multiple tax schedules for everything from GST, to VAT, to consumption tax or general sales tax. Revenue recognition, local financial reporting and compliance are also built-in components. And OneWorld allows for global order management and sourcing with the ability to manage inventory and fulfillment across multiple locations with product items represented globally or on a per subsidiary basis.
    Offer
    Learn more about Infor M3
    Learn more about NetSuite ERP
    Sample Customers
    Grosfillex, High Five Sportswear, L_derach, OTK Group, PHS Group, Propper International, Red Wing Shoe Company, Reynolds Catering Supplies, Saudi Diesel, Sheetz, Zeppelin, Zodiac Aerospace
    2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company22%
    Comms Service Provider15%
    Manufacturing Company8%
    Educational Organization5%
    REVIEWERS
    Integrator14%
    Recreational Facilities/Services Company14%
    Computer Software Company14%
    Transportation Company14%
    VISITORS READING REVIEWS
    Computer Software Company24%
    Comms Service Provider9%
    Educational Organization6%
    Financial Services Firm6%
    Company Size
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise16%
    Large Enterprise58%
    REVIEWERS
    Small Business63%
    Midsize Enterprise21%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business28%
    Midsize Enterprise16%
    Large Enterprise56%
    Buyer's Guide
    Infor M3 vs. NetSuite ERP
    November 2022
    Find out what your peers are saying about Infor M3 vs. NetSuite ERP and other solutions. Updated: November 2022.
    655,711 professionals have used our research since 2012.

    Infor M3 is ranked 7th in Activity Based Costing Software with 4 reviews while NetSuite ERP is ranked 6th in Activity Based Costing Software with 10 reviews. Infor M3 is rated 8.2, while NetSuite ERP is rated 7.4. The top reviewer of Infor M3 writes "It is easy to use, and it shows good information on each screen". On the other hand, the top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". Infor M3 is most compared with SAP ERP, Infor LN, Microsoft Dynamics 365 Business Central, SAP S/4HANA and JD Edwards EnterpriseOne, whereas NetSuite ERP is most compared with SAP S/4HANA, Oracle ERP Cloud, Oracle E-Business Suite, SAP Business ByDesign and NetSuite OneWorld. See our Infor M3 vs. NetSuite ERP report.

    See our list of best Activity Based Costing Software vendors.

    We monitor all Activity Based Costing Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.