NetSuite Cloud​ ERP Comparison

In comparison to On-Premises Solutions and some NetSuite competitors, Cloud-Based ERP systems like NetSuite are ideal for Small and Mid-sized businesses because they do not need a high initial investment. Small firms are still concerned with their bottom line and are very cautious when it comes to upfront costs, risk and return on investment (ROI).

In this section, we will explore NetSuite, check its functionalities and will do a quick comparison with some notable NetSuite competitors so our readers, user and customers can make an informed decision when they are deciding to switch ERP systems.

about the erp market


The Enterprise Resource Planning software (ERP) market has been transformed by the boom in growth for Software as a Service (SaaS) cloud-based platforms. Previously, companies have had no choice but to use on-premises implementations for years.

Many of NetSuite’s competitors like SAP Business One, were originally intended to be an on-premise ERP system. However, over the years SAP has moved to cloud ERP. On the other hand, NetSuite cloud ERP was originally designed to stay on the cloud from the beginning. As NetSuite operates on a single platform entirely, it becomes much easier to streamline and manage all departments entirely from NetSuite which isn’t possible with many other competitors of NetSuite ERP.

Because of hardware prices, servicing, and the need for hardware updates every 5 years or so, on-premises ERP systems are exponentially getting more costly than cloud-based ERP systems. There is also a variety of cloud-based Enterprise Resource Planning (ERP) applications designed especially for small to medium enterprises and their team on the market. NetSuite is the most popular ERP software, with over 40,000 business entities using it.

netsuite product overview

NetSuite is a cloud-based ERP system that streamlines all business processes of a company for seamless data transfer and visibility across entire organization. NetSuite operates on a single source system on a pay-per-use basis which makes it ideal for every company size including – small, midsize businesses and enterprises alike (including fast growing businesses). NetSuite integrates all business operations like Finances, Accounting, inventory Management, Supply Chain Management, Order Management, Customer Relationship Management (CRM), eCommerce management, Billing and more, giving you access to every information.

netsuite features overview

NetSuite mainly comprises of 7 modules that will be integrated with one another. Due to this approach, users can implement the necessary modules without having to purchase other modules which won’t be needed by the business. The business can always add additional modules at a later stage when needed. This allows the company to keep their costs in check while still getting a solution that keeps the company future ready.
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So, which erp platform should you choose?

Choosing an ERP system is an integral move that your business will make and stick with for years to come. Therefore, it is extremely crucial to ask questions, check demos/functionality and get a hands-on experience before signing the deal. Ultimately the choice is yours, and ERP Buddies is only here to guide you in the right steps.

Why choose erp buddies for your netsuite cloud erp implementation?

ERP Buddies is a North American NetSuite Cloud ERP Solution Provider (Software Vendor) with diverse experience in implementing ERP systems for multiple companies across wide industry verticals with a true cloud solution.

With offices in the U.S, Canada (North America), Philippines, India (Asia) and UK, Spain (Europe), our experts are accessible globally and make it their priority to create a smooth and positive experience for clients. Our experts assist clients throughout the entire implementation process, with on-site support and consultation, along with additional assistance in customizing your system functionality to guarantee it meets your business needs.

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