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.
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SAP Business One
Score 7.0 out of 10
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SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
$99
per month
Pricing
NetSuite ERP
SAP Business One
Editions & Modules
No answers on this topic
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
Offerings
Pricing Offerings
NetSuite ERP
SAP Business One
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Users 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.
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More Pricing Information
Community Pulse
NetSuite ERP
SAP Business One
Features
NetSuite ERP
SAP Business One
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
Ratings
147% below category average
SAP Business One
10.0
Ratings
33% above category average
Pay calculation
1.00 Ratings
10.00 Ratings
Benefit plan administration
1.00 Ratings
10.00 Ratings
Direct deposit files
1.30 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
Ratings
19% above category average
SAP Business One
9.5
Ratings
22% above category average
API for custom integration
9.20 Ratings
9.60 Ratings
Plug-ins
9.90 Ratings
9.50 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
Ratings
17% above category average
SAP Business One
9.3
Ratings
13% above category average
Single sign-on capability
9.70 Ratings
9.10 Ratings
Role-based user permissions
9.80 Ratings
9.50 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
Ratings
31% above category average
SAP Business One
7.3
Ratings
1% above category average
Dashboards
9.90 Ratings
5.70 Ratings
Standard reports
9.90 Ratings
8.00 Ratings
Custom reports
9.90 Ratings
8.30 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
Ratings
2% above category average
SAP Business One
5.8
Ratings
28% below category average
Accounts payable
8.50 Ratings
9.70 Ratings
Accounts receivable
8.50 Ratings
9.70 Ratings
Global Financial Support
9.90 Ratings
7.70 Ratings
Primary and Secondary Ledgers
9.90 Ratings
9.10 Ratings
Journals and Reconciliations
9.30 Ratings
9.10 Ratings
Configurable Accounting
9.90 Ratings
9.50 Ratings
Standardized Processes
9.90 Ratings
9.10 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
Ratings
14% above category average
SAP Business One
8.5
Ratings
7% above category average
Inventory tracking
10.00 Ratings
9.40 Ratings
Automatic reordering
8.90 Ratings
7.00 Ratings
Location management
9.60 Ratings
9.50 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
Ratings
18% above category average
SAP Business One
6.2
Ratings
24% below category average
Pricing
9.90 Ratings
8.00 Ratings
Order entry
8.20 Ratings
8.80 Ratings
Credit card processing
8.90 Ratings
2.00 Ratings
Cost of goods sold
9.50 Ratings
7.70 Ratings
Order Orchestration
9.90 Ratings
9.20 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
Ratings
6% above category average
SAP Business One
6.9
Ratings
8% below category average
Billing Management
8.50 Ratings
8.70 Ratings
Cash and Asset Management
9.90 Ratings
9.10 Ratings
Travel & Expense Management
9.80 Ratings
6.00 Ratings
Budgetary Control & Encumbrance Accounting
8.90 Ratings
8.70 Ratings
Period Close
9.90 Ratings
9.60 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
Ratings
14% below category average
SAP Business One
7.0
Ratings
8% below category average
Budgeting and Forecasting
6.00 Ratings
7.00 Ratings
Project Costing
6.00 Ratings
7.00 Ratings
Cost Capture
6.00 Ratings
7.00 Ratings
Capital Project Management
4.00 Ratings
7.00 Ratings
Customer Contract Compliance
9.90 Ratings
7.00 Ratings
Project Revenue Recognition
6.90 Ratings
6.10 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
Ratings
50% below category average
SAP Business One
7.9
Ratings
15% above category average
Project Planning and Scheduling
8.90 Ratings
8.00 Ratings
Task Insight for Project Managers
3.30 Ratings
7.00 Ratings
Project Mobile Functionality
3.00 Ratings
1.00 Ratings
Definable Resource Pools
3.60 Ratings
5.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
82% below category average
SAP Business One
7.7
Ratings
4% above category average
Award Lifecycle Management
3.50 Ratings
7.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
Ratings
71% below category average
SAP Business One
8.1
Ratings
16% above category average
Bids Analyzed and Compared
3.50 Ratings
8.00 Ratings
Contract Authoring
1.90 Ratings
7.50 Ratings
Contract Repository
3.50 Ratings
8.60 Ratings
Requisitions-to-Purchase Orders Integrated
3.60 Ratings
8.20 Ratings
Supplier Management
9.90 Ratings
7.00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
71% below category average
SAP Business One
7.7
Ratings
17% above category average
Risk Repository
3.50 Ratings
7.00 Ratings
Control Management
1.90 Ratings
8.00 Ratings
Control Efficiency Assessments
3.50 Ratings
8.00 Ratings
Issue Detection
3.50 Ratings
8.00 Ratings
Remediation and Certification
3.50 Ratings
7.70 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
Ratings
73% below category average
SAP Business One
6.5
Ratings
3% below category average
Transportation Planning and Optimization
2.80 Ratings
7.30 Ratings
Transportation Execution Management
2.80 Ratings
6.90 Ratings
Trade and Customs Management
2.80 Ratings
6.30 Ratings
Fulfillment Management
9.90 Ratings
4.90 Ratings
Warehouse Workforce Management
2.50 Ratings
2.00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
Ratings
24% above category average
SAP Business One
6.1
Ratings
19% below category average
Production Process Design
8.90 Ratings
2.00 Ratings
Production Management
8.90 Ratings
8.20 Ratings
Configuration Management
9.90 Ratings
2.00 Ratings
Work Execution
9.90 Ratings
4.00 Ratings
Manufacturing Costs
8.90 Ratings
5.00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.5
Ratings
18% above category average
SAP Business One
7.5
Ratings
5% above category average
Forecasting
8.80 Ratings
7.40 Ratings
Inventory Planning
8.30 Ratings
8.20 Ratings
Performance Monitoring
8.90 Ratings
7.50 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite suits a mid-sized company best where the organization uses multiple currencies in its day-to-day transactions. NetSuite is ready-to-use for businesses that follow financial standards. The more custom business processes there are, the more implementation is required. I would not recommend NetSuite to a large organization due to its performance issues. Additionally, the in-house bank reconciliation tool is not user-friendly for business purposes.
SAP Business One would be more useful if it contained tools to acommodate the growing need of online sales. A more complete shipping module which handles tracking numbers with the common couriers would be great. A built in warehouse management system would be great designed to be used with barcode scanners
Customizable Reports and Saved Searches allow much more maneuverability
Elimination Entries that are driven by advanced intercompany journal entries
Journal Entries can be entered in as basic or advanced intercompany to better represent the type of transaction occurred for reporting purposes
Training through the LCS module can help shed knowledge on a range of topics at a self paced learning basis
NetSuite ERP offers to all users a SuiteAnswers platform to pose frequently asked questions with answers generated from a combination of NetSuite ERP experts, users, and more recently AI based.
Customized Reports to fit the companies' special configuration and needs.
Individual interfaces for many aspects of the business; manufacturing, inventory, sales, distribution, service, etc. Each department can have its own space.
All the modules are connected and can interact with one another.
Following a bench mark process - this seems contradicting to flexibility however we have wished we could follow more of an industry benchmark. Our challenge as a small company has been knowing how to properly use the system. We have discovered that we have set up the system wrong based and are using it improperly which has cause a lot work to correct.
Better live reporting options - current we are on prem SQL. Yes SAP is moving to HANA however smaller companies like ourselves are not ready for that. We need to be able to maintain our existing SQL DB. We also have a demand for live BI Reporting. It has been difficult to do this with our current set up.
Error handling - have found it very difficult to troubleshoot. Errors are not always clear and answers are hard to find.
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
I cannot run my business without SAP Business One in place. I only consult on on product and that is SAP Business One. Business volume goes to zero if I don't use SAP Business One. It is the best product on the market - head and shoulders above other ERP packages I have looked at or implemented in the past.
It's beneficial if you know what you're doing, but it can be very confusing to find what you're looking for, and many things seem overly complicated or require too many steps to accomplish a simple task - which can be overwhelming for someone accustomed to QuickBooks.
I rate SAP Business One's overall usability as excellent (10). The system has a user friendly interface that is easy to navigate. I enjoy how much SAP Business One helps to simplify everyday work tasks. This is a wonderful asset for any organization to use across any and all departments.
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
The SAP Business One software is up and running every time you need it as it was planned. In more than 6 years that we have been using the product, it has never been unavailable and if it ever was, it was because of a planned maintenance window scheduled in the company.
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.
SAP Business One performance depends mostly on the speed of your internal servers, should you have the solution on premise as we do. Sometimes the system tends to be a little slower for some users when others are executing really big reports of performing some batch loads, but generally, the performance is acceptable to all the users.
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.
We had some complex questions and went in a loop with calls emails etc. They where unable to find the right person to talk with us, and when we found 1 he was unable to reach... We ended up working with a local profession for the implementation, and that went smoothly. I would suggest SAP to start with that if there are complex projects...
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
The training I get was a consultant level training, so it's basically a 6 weeks training covering every aspect and every module of the system. It covered most common use cases and exercise training so you can get along with the software, as well as examples so there culd be a better understanding.
Over the past two years SAP has added a great deal of new SAP Business One on-line training for version 9.0 and 9.1. Most of the training is very strong, but some is difficult to understand and follow. Additionally, SAP still has a few holes in their on-line training around Production, Bill-of-Materials, MRP and Service.
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
These implementations are not easy. Even a standard implementation can be difficult. With a never-been-done-before implementation, the implementation team and the user team need to be thorough with planning, make a decision on key points, and stick to them before any design happens. Our biggest challenge was not from StellarOne, rather it was from the mid-implementation decisions from our internal team. StellarOne did a great job warning us, implementing our decision, and then helping us adjust our SAP to handle the new direction we took.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
SAP Business One is a good fit for an organization that wants to transform its business operation with a reasonable cost for migration from the legacy system. SAP Business One can match and support the organization needs because it has most of the best business practices deployed in its core modules so the organization can adapt to the standardized business process by choosing SAP Business One solution. Single source of data and information visibility is the huge benefit of using SAP Business One.
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.
For most small businesses, the only way you outgrow SAP Business One is if the nature of your business changes radically. Going from 1 to 50 users is quite easy with SAP B1. Going beyond 50 may require moving to the Hana SAP B1 platform to maintain or improve performance, but the path is there. Add-ons to SAP B1 can also be added as specific needs are encountered that are not closely met by the standard product. These may be required early in the product life because of the nature of your business, or as you expand the use of SAP B1.
NetSuite ERP data is used for material reporting. That is like balance sheet and profit and loss reporting. It plays a key role in financial data management.
Too many customisation become hard to manage in over a period of time.