NetSuite ERP vs Oracle Fusion Cloud ERP comparison

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3,731 views|2,251 comparisons
81% willing to recommend
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2,838 views|2,084 comparisons
96% willing to recommend
Comparison Buyer's Guide
Executive Summary
Updated on Jan 14, 2024

We compared NetSuite ERP and Oracle ERP Cloud-based solutions based on real user reviews. After reading the collected data, you can find our conclusion below.

  • Which ERP is easier to use: NetSuite or Oracle? - NetSuite wins hands down for user-friendliness, especially for SMBs. Its intuitive interface and straightforward setup make it a breeze to adopt and use. Oracle ERP, on the other hand, has a more complex interface and may require extensive training, particularly for customized configurations.
  • Deployment: NetSuite vs. Oracle Cloud ERP - NetSuite typically takes 1-3 months to set up, while Oracle ERP Cloud can take anywhere from 4 months to over a year. Factors like integrations and VAR can impact setup time for both solutions. NetSuite is a cloud-only solution, offering easy access and automatic updates. Oracle ERP offers cloud, on-premise, and hybrid options, providing more flexibility but requiring more IT resources.
  • Key Features and Modules - NetSuite focuses on core ERP functions like financials, accounting, inventory management, CRM, and eCommerce. It stands out with multi-subsidiary functionality and annual updates. Oracle ERP offers a broader range of industry-specific modules and advanced features, including supply chain management, project management, and human capital management.
  • Areas for Improvement -NetSuite could enhance its documentation, integration options, accounting functionality, customization capabilities, reporting structure, and modules. Oracle ERP Cloud could benefit from improvements in payment transfer, data automation, usability, AI technology, customization, and planning tools.
  • Pricing Models and ROI - NetSuite typically has lower upfront costs but higher subscription fees based on usage. Oracle ERP Cloud pricing is region-dependent and generally considered expensive. Both solutions may pose pricing challenges for smaller organizations. NetSuite demonstrates a clear ROI through enhancements in search results, response time, customer support, and billing accuracy.
  • Customer Support - NetSuite's customer service receives high praise, with ratings of 8-9. Oracle ERP Cloud's customer service reviews are mixed, with some users reporting unanswered requests and limited knowledge about bugs.

The best ERP solution depends on your specific business needs. NetSuite excels in cloud-based deployment, user-friendliness, and core ERP functions, making it ideal for businesses seeking quick and efficient setup. Oracle ERP shines with its extensive range of industry-specific modules, robust platform for integrations, and customization flexibility, catering to large enterprises' complex needs.

To learn more, read our detailed NetSuite ERP vs. Oracle Fusion Cloud ERP Report (Updated: March 2024).
767,319 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 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.""We can install the bundles based on our needs.""The initial setup is easy.""The most valuable feature in NetSuite ERP is the user interface.""It's integrated into everything well so you can navigate and use it in a very simple way.""The user interface is very good.""We use it for the projects we do in the telecom industry.""I like the ease of setup and customization of forms."

More NetSuite ERP Pros →

"ERP Cloud's most valuable features are general ledger, accounting, expense management, and procurement. These four functions are crucial.""The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market.""It's easy to deploy, and we don't have to worry about upgrading anything.""I use Oracle ERP Cloud for implementation support.""I like the tool’s financial and human capital management features.""The product has good functionality.""The scalability is very good.""Smooth patches and upgrades which reduce costs and time for having a new version."

More Oracle Fusion Cloud ERP Pros →

Cons
"Improvement-wise, it should be more customizable. Currently, you can't enhance the product yourself in terms of development for any applications unless you've got a very strong and big development team. Those are the skills that are in very short supply.""If you do go through an implementor, you need to be careful that they are actual implementors and not just resellers.""Many features such as local taxation and fund management are not there yet.""The solution is not user-friendly and it is complex to use.""What needs to be improved is the development in the other areas and other businesses that can use NetSuite.""The areas that this product needs to improve on is the implementation and inventory processes.""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.""The solution's initial setup process was complex."

More NetSuite ERP Cons →

"We have had concerns about the security and flexibility of the application. The approach with Oracle ERP Cloud should be more holistic rather than user or computer-based.""There are integration issues and a lack of flexibility within OIC. When integrating systems, the process feels rigid and linear.""I would like to improve the tool’s budgeting and reporting. I know that Oracle is working on the tool’s analytics part so I expect the analytical feature in its future releases.""The database is outdated and quite rigid.""Oracle can make the system more stable which includes some changes as some of the use cases were not available in Oracle's systems and the element’s value needed to be defined.""The expenses mobile app calculates different mileages than the URL version.""The solution should implement improvements with AI technology. Specifically, in the realm of ERP tools, this can be particularly beneficial, not only for cloud-based systems but for all types of tools. Additionally, a highly desirable feature is the ability to work offline.""In terms of areas for improvement, there are still a lot of other features that need to be incorporated into the future releases of Oracle ERP Cloud. We're hoping those would come soon because they're available in other ERP systems. For example, we used to have a lot of AME customizations in the BPM, but now we have a very limited scope, so it would be great if we could extend our scope. Currently, we are working with product teams to get through some of those solutions, and how we could implement them, so we have some workarounds to deal with, but we still have a long road ahead."

More Oracle Fusion Cloud ERP Cons →

Pricing and Cost Advice
  • "I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
  • "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."
  • "It's very competitively priced due to it being a subscription model. So, clients are quite happy with the pricing. I would rate it an eight out of ten in terms of pricing."
  • More NetSuite ERP Pricing and Cost Advice →

  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:It offers reporting flexibilities that were previously unavailable to us.
    Top Answer:The cost can vary depending on the company's size, the number of users, and the service providers. It's not a fixed amount, and it depends on specific requirements and agreements with the service… more »
    Top Answer:Our interactions with Oracle have not always been positive. Obtaining clear and transparent information on costs has been challenging, and we often struggle to understand the details of the invoices… more »
    Top Answer:I use Oracle ERP Cloud for implementation support.
    Top Answer:The solution is moderately priced, where it is neither expensive nor cheap.
    Top Answer:The Oracle ERP Cloud accounts payable could be improved.
    Ranking
    1st
    out of 18 in Cloud ERP
    Views
    3,731
    Comparisons
    2,251
    Reviews
    12
    Average Words per Review
    603
    Rating
    7.8
    2nd
    out of 18 in Cloud ERP
    Views
    2,838
    Comparisons
    2,084
    Reviews
    18
    Average Words per Review
    359
    Rating
    8.2
    Comparisons
    Learn More
    Overview

    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.”

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

    • Accounting
    • Financial planning and analysis
    • Financial close
    • Revenue recognition
    • Risk management
    • Compliance and governance
    • Procurement
    • Project planning and execution
    • Inventory and supply chain
    • Product lifecycle

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • Sample Customers
    2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    Top Industries
    REVIEWERS
    Computer Software Company23%
    Non Profit15%
    Recreational Facilities/Services Company8%
    Transportation Company8%
    VISITORS READING REVIEWS
    Educational Organization38%
    Computer Software Company10%
    Manufacturing Company6%
    Financial Services Firm5%
    REVIEWERS
    Computer Software Company31%
    University13%
    Energy/Utilities Company13%
    Non Tech Company6%
    VISITORS READING REVIEWS
    Educational Organization39%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    Company Size
    REVIEWERS
    Small Business65%
    Midsize Enterprise21%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise46%
    Large Enterprise33%
    REVIEWERS
    Small Business40%
    Midsize Enterprise17%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise45%
    Large Enterprise41%
    Buyer's Guide
    NetSuite ERP vs. Oracle Fusion Cloud ERP
    March 2024
    Find out what your peers are saying about NetSuite ERP vs. Oracle Fusion Cloud ERP and other solutions. Updated: March 2024.
    767,319 professionals have used our research since 2012.

    NetSuite ERP is ranked 1st in Cloud ERP with 32 reviews while Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 33 reviews. NetSuite ERP is rated 7.8, while Oracle Fusion Cloud ERP is rated 8.2. The top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". On the other hand, the top reviewer of Oracle Fusion Cloud ERP writes "Everything can be found in one place and it is all embedded in a single system". NetSuite ERP is most compared with NetSuite OneWorld, SAP S/4HANA, Oracle E-Business Suite, Anaplan and IBM Maximo, whereas Oracle Fusion Cloud ERP is most compared with SAP S/4HANA, PeopleSoft, JD Edwards EnterpriseOne, SAP Business One and SAP S/4HANA Cloud. See our NetSuite ERP vs. Oracle Fusion Cloud ERP report.

    See our list of best Cloud ERP vendors.

    We monitor all Cloud ERP 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.