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IQMS Enterprise IQ vs NetSuite ERP comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IQMS Enterprise IQ
Ranking in ERP
34th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
NetSuite ERP
Ranking in ERP
10th
Average Rating
7.8
Reviews Sentiment
6.2
Number of Reviews
38
Ranking in other categories
Activity Based Costing Software (6th), Billing Software (4th), Cloud ERP (3rd)
 

Mindshare comparison

As of June 2026, in the ERP category, the mindshare of IQMS Enterprise IQ is 1.0%, up from 0.6% compared to the previous year. The mindshare of NetSuite ERP is 2.0%, down from 2.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
ERP Mindshare Distribution
ProductMindshare (%)
NetSuite ERP2.0%
IQMS Enterprise IQ1.0%
Other97.0%
ERP
 

Featured Reviews

VR
Retired at Retired
Allows customization for production and has good sales, distribution, and quality management features
Previously, we were using a very small ERP called Visual Udyog. Visual Udyog is a very cheap solution. For a startup company, it's useful. It's not an elaborate ERP, but it gives at least 25% of what IQMS gives. It can give 25% or even close to 50% of what IQMS can give and at 10% of the cost. Initially, for the first five years of the company, where it has only one million turnover or two million turnover, it is enough. Once you want to scale up, you have to go to SAP or IQMS. I also worked with SAP. I would say that IQMS and SAP go hand-in-hand.
SM
Sr Analyst at Freelance
Integration tools streamline financial operations and enhance data management
The most beneficial feature in Workato is its accessibility. The interface is easily understandable even for a common user, unlike the NetSuite ERP direct website which requires more technical knowledge. In Workato, NetSuite ERP provides options for new employee records, invoice reports, and batch files processing. The batch processing capability allows handling up to 10,000 records simultaneously, which reduces tasks and processing time significantly. Regarding scalability, NetSuite ERP offers excellent options and reduces manual interventions through automation. In the past three months, I have observed improvements in their options and data storage capabilities, showing enhanced scalability compared to previous versions.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."
"First of all, it's really easy to use."
"The initial setup is easy."
"We use it for the projects we do in the telecom industry."
"NetSuite is a better value than some competing solutions. The fee structure is simpler, and other ERP solutions don't offer as many options for configuration."
"No valuable quote could be determined from the review content."
"I like the ease of setup and customization of forms."
"A huge plus point for me is that you're always on the latest version, with upgrades included in the subscription, and as it's a genuine cloud-based product, you don't need servers, server managers, server rooms, backups, or an IT team to organize access for you."
"The product is very flexible and can adjust to the customer's needs."
 

Cons

"Setup is very complex."
"It was very complex, which is why it took us so long."
"The main implementation challenge is finding experienced consultants to translate customer needs into NetSuite ERP's standard functionality. The second challenge is getting enough time from customers for proper implementation."
"I have faced OPI issues during peak times when pushing and pulling data becomes very slow due to API limitations."
"The communication has been peculiar, and the overall commercial process has been less than satisfactory."
"The NetSuite fixed asset module needs to be worked on."
"The solution is not user-friendly and it is complex to use."
"The user interface could be improved. The latest technology can be used to improve the list view of records and load pages faster on a browser."
"I would like to see improvement around the Revenue Recognition module. Right now, several templates are there, but they are either too complicated, or they are difficult to configure, from a company finance perspective."
"In terms of the main improvement to NetSuite is the talent itself. It's grown so fast and there are about 25,000 companies running on it, and it's a relatively newer system compared to other competitors. It's growing so fast that the talent base in the partner organization (there's about 200 of them), is pretty thin."
 

Pricing and Cost Advice

"We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
"NetSuite ERP has a cost per module you want to use, and then you have the license per user."
"There is an annual license required to use this solution."
"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."
"It is expensive."
"When people buy ERP, it's a competitive situation and the pricing is paramount."
"The price of the solution is quite high."
"I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
"The price is less than the cost of daily hours."
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Top Industries

By visitors reading reviews
Manufacturing Company
23%
Construction Company
8%
Computer Software Company
8%
Logistics Company
6%
Computer Software Company
10%
Manufacturing Company
9%
Financial Services Firm
8%
Construction Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business26
Midsize Enterprise8
Large Enterprise5
 

Questions from the Community

Ask a question
Earn 20 points
What is your experience regarding pricing and costs for NetSuite ERP?
The initial cost for NetSuite ERP depends on the business size. My IT managers say that some of their features are quite expensive.
What needs improvement with NetSuite ERP?
Regarding room for improvement, I would single out the user interface. The company needs to spend fifty percent of research and development on improving the user interface. The user interface is qu...
What is your primary use case for NetSuite ERP?
The primary use cases are general ledger, accounts payable, accounts receivable, project management, project accounting, and timesheets. I use NetSuite ERP. I have been working with NetSuite ERP, C...
 

Also Known As

Enterprise IQ
No data available
 

Overview

 

Sample Customers

Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
Find out what your peers are saying about SAP, Oracle, Microsoft and others in ERP. Updated: June 2026.
900,838 professionals have used our research since 2012.