NetSuite ERP vs iplicit comparison

iplicit is an intuitive SaaS solution designed for mid-market organizations. It offers a comprehensive cloud-based ERP suite that meets complex financial management needs, supporting growth and streamlining operations.

iplicit is a cloud-based accounting and ERP system that enhances financial management and boosts efficiency for mid-sized businesses. It provides deep functionality and flexible capabilities tailored to support businesses during growth phases. Its multi-dimensional reporting and API integration simplify complex processes, ensuring seamless scalability. Designed for ease of use, iplicit empowers teams by offering automation, real-time insights, and effortless data migration, contributing to time savings and improved resource allocation.

• Multi-dimensional Reporting: Provides detailed insights across financial dimensions for better decision-making.
• API Integration: Ensures seamless connectivity with existing software tools for a unified experience.
• Cloud Deployment: Enables easy access and high-level security, facilitating remote work flexibility.
• Scalable Architecture: Supports business growth by adapting to changing organizational needs.
• Automation: Streamlines repetitive tasks to boost productivity and reduce errors.

• Cost Efficiency: Reduction in technology overheads and operational costs.
• Time Savings: Effective automation reduces manual entry and processing time.
• Enhanced Decision-Making: Real-time data access for informed strategic planning.
• Scalability: Easily accommodates business growth and evolving operations.

iplicit is particularly effective in industries like non-profit, professional services, and project-based enterprises. It simplifies complex accounting processes and enhances transparency for non-profits, supports time and project management for service firms, and streamlines resource allocation and budgeting for project-focused businesses.

NetSuite ERP (Enterprise Resource Planning) is a cloud-based business management software that provides a suite of applications to support various business functions, such as finance, accounting, order management, inventory management, and human resources. It is designed to help organizations streamline and automate their operations, improve decision-making, and increase visibility into key performance metrics. NetSuite ERP integrates all business processes in a single system, providing a real-time, unified view of the business and enabling organizations to manage their operations more efficiently and effectively.

NetSuite ERP Features

NetSuite ERP has many valuable key features. Some of the most useful ones include:

• E-commerce: NetSuite ERP provides a platform for creating and managing online stores, enabling organizations to sell products and services online.

• Reporting and analytics: The solution includes business intelligence and reporting capabilities to help organizations gain insight into their operations and make data-driven decisions.

• Multi-currency support: NetSuite ERP supports multiple currencies, making it suitable for organizations operating in multiple countries.

• Global tax management: With its support for global tax management, organizations can manage tax compliance in multiple jurisdictions.

• Real-time visibility: The solution’s real-time visibility at local, regional and headquarter levels, enables organizations to standardize business processes across all divisions and subsidiaries.

• General Ledger: With NetSuite's general ledger capabilities, accounting professionals gain flexibility and visibility, richer reporting functionality, enhanced audit trails and the ability to customize account types, transactions and reporting segments to meet unique business requirements.

NetSuite ERP Benefits

There are many benefits to implementing NetSuite ERP. Some of the biggest advantages the solution offers include:

• Simplify your business: With the solution you can manage accounting, inventory, operations, distribution and more from a single application. Users can also automate manual processes to save time and free up resources to better serve customers, identify new opportunities, and outpace the competition.

• Supply chain optimization: The solution makes it easy to control the flow of goods across the value chain, from suppliers to customers.

• Flawless order management: NetSuite ERP helps organizations error-proof order management and procurement.

• Increased warehouse efficiency: With NetSuite ERP, users can optimize the putaway process and reduce picking errors.

Reviews from Real Users

NetSuite ERP is a solution that stands out when compared to many of its competitors. Some of its major advantages are its friendly user interface, customizable dashboards, reporting, scalability, stability, and much more.

GirirajInja, Head of IT operations at Karma technology, says, "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.”

Another PeerSpot user, Mohammed I., Sales Manager at Inspirria Cloudtech, states, "NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs.” He also adds, “[It] includes multiple modules, is scalable, and stable.”