COMPARISON | 5 MIN READ
Acumatica vs. Oracle NetSuite: Which ERP is Best for Your Business?
A Modern ERP vs. A Traditional Business Management Suite
Acumatica and Oracle NetSuite are leading ERP solutions with overlapping features and functions. Both offer a range of features designed to streamline operations, improve financial management, and boost overall efficiency. Which one is a better fit for your business?
Pricing Comparison
Acumatica and Oracle NetSuite are software-as-a-service (SaaS) solutions with monthly subscription-based pricing. However, each solution uses a unique aspect to determine the monthly cost.
The number of user licenses an organization requires determines pricing for most traditional ERP solutions. However, Acumatica’s flexible pricing structure is based on transaction volume. With this pricing model, it’s easier for organizations on Acumatica to scale without incurring additional user costs, and data is available to anyone who needs it.
Oracle NetSuite follows the traditional subscription-based pricing model, with the number of users increasing monthly costs. The monthly cost will increase as organizations add more team members to the software. This also means that ERP data is most easily accessible to existing users; sending this information to folks without licenses can be tricky.
Key Features
Although their feature sets are similar—including core accounting and some operational management features—Acumatica and Oracle NetSuite are designed for organizations of different sizes and industry types.
Acumatica is popular among small to mid-sized businesses and focuses on manufacturing, construction, distribution, professional services, and retail industries. Its modular design and specialized editions cater well to these specific sectors.
Oracle NetSuite targets a broader range of industries, but its breadth, depth, and cost make it a better fit for enterprise-level organizations. Its pre-built industry solutions include financial management, eCommerce, and global business management, making it ideal for complex organizations with larger budgets.
Customization and Integrations
Oracle NetSuite and Acumatica are representative of old-school and modern ERP systems. So, while Oracle NetSuite strives to be suite software, Acumatica embraces integrations and customizations.
Acumatica is known for its open-source development platform, which makes it highly customizable and more straightforward to integrate with third-party applications. It allows users to build specific workflows and customizations tailored to their needs. This makes it a valuable solution for growing businesses.
Oracle NetSuite also offers a robust range of integrations and customizations, but it tends to be more rigid regarding out-of-the-box functionality. Customizations may require a software partner’s help, making updates and integrations challenging and costly.
Implementation Timelines
Implementation timelines for ERP systems can take anywhere from two months to six months, depending on the level of customization and collaboration required. On average, Acumatica takes anywhere from two to three months to implement, while Oracle NetSuite implementations can last up to six months.
Sum It Up
To make the best software purchase, you need to consider all the benefits and drawbacks of Acumatica and Oracle NetSuite. Our side-by-side comparison explores everything you need to know to make an informed decision, including features, pricing, and suitability. Fill out the form below to unlock our comparison report and take the next step in your software journey.
Acumatica vs. Oracle NetSuite Comparison Report
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