Small Business ERP: SAP Business One vs. Netsuite
Enterprise resource planning (ERP) refers to all-in-one software that organizations use to manage everything from accounting and procurement to supply chain operations and compliance. Companies implement ERP systems when growth becomes rapid and multiple software programs are creating disjointed processes and poor communication, among other reasons.
Comparing ERP Systems for Small to Midsize Businesses
When it comes to choosing an ERP that is right for your business (for example: SAP Business One vs. Oracle NetSuite), there are many options and factors to consider. Remote data accessibility, ease of use, and scalability are all important to evaluate when selecting an ERP provider.
SAP Business One and Oracle Netsuite are far and away the most popular ERP solutions for small to midsize companies. Microsoft Dynamics has made a concerted effort to acquire a stake in the market, but they fall short when compared to the top-tier enterprises. So, how do SAP Business One and NetSuite stack up?
SAP Business One vs. Oracle Netsuite
SAP was one of the original pioneers of ERP software in the 1970s. SAP is trusted by over 70,000 companies in more than 150 countries, and for good reason. Time and again, software solution review aggregators, like Capterra or TrustRadius, have consistently ranked SAP Business One at the top when it comes to overall features, performance, customization, usability and ease of implementation.
Netsuite was founded in 1998 and acquired by Oracle in 2016. They serve 16,000 companies in over 100 countries. Although they were the first cloud-based ERP on the market, they no longer hold that distinction. In fact, one of the disadvantages of Oracle NetSuite is that they are strictly a cloud-based solution. SAP Business One, on the other hand, can be deployed both on-premise and in the cloud for whatever best serves your business needs. The freedom and flexibility this offers provides clients with greater value and options.
Here are a few other considerations when choosing between SAP Business One vs. NetSuite:
SAP Business One has simple, all-inclusive pricing. Future enhancements are included as part of software maintenance. NetSuite pricing is extremely complex. NetSuite’s pricing is appealing because of the low-entry fees, however, the total cost of use once the NetSuite product is customized to the client results in customers paying more than their original quote.
Your ERP should not be a one-size-fits-all solution. SAP Business One and local partners work closely with industry leaders to design the best SAP Business One packages tailor-made to meet your industry needs. NetSuite is comprised of a combination of pre-configured editions for specific industries. This solution ultimately does not address the requirements that are unique to your business and industry.
SAP Business One users have access to the SAP HANA platform, a high-performance, in-memory database that supports all workloads. NetSuite performance has been an issue with customers. When additional workflows or custom scripts are added to the NewSuites system, performance often slips.
With SAP Business One, you have both the choice of deployment as well as the flexibility to choose when your SAP upgrades are deployed. This freedom allows you to set up a test environment, with no upcharge, so that your business is ready for any changes that may occur in your system. NetSuite, on the other hand, does not allow you to choose when to upgrade your system, which means you may face costly downtime if you have features that are not compatible with the upgraded version.
With SAP Business One, you, the client own 100 percent of the data and can choose whether you want to host on the SAP cloud, on-premise, or on any other cloud platforms (e.g. AWS, AZURE or Google Cloud). The Netsuite Cloud is the host 100 percent of the time. Users of Netsuite will run into a question as to who owns the data and what use Netsuite can make of this data with or without the client’s consent.
Top-Rated SAP Partner
In summary, SAP Business One is a proven software solution with more stability, scalability and experience in the ERP landscape when compared with NetSuite. As a trusted SAP Gold Partner, Pioneer B1 helps small to midsize businesses seamlessly connect all their departments into one software system, allowing them to drive profitable growth. Speak with a representative today and see how we can help you transform your business processes!