Migrating to a new Enterprise Resource Planning (ERP) system is a major decision, so businesses usually compare several systems before selecting the one that best meets their requirements. Acumatica Cloud ERP and Oracle NetSuite frequently get compared, side by side. Both solutions are cloud-based and available as a Software-as-a-Service (SaaS), with true cloud functionality that does not require additional apps or licensing. Only a standard browser is needed to access data and software features via the Internet.
Acumatica and Oracle NetSuite integrate ERP, Customer Resource Management (CRM), Business Intelligence (BI) and eCommerce functionality. They support verticals with dedicated functions for retail, distribution, manufacturing and other industries. Also, they are both compatible with mobile devices, including mobile smartphones and tablets, to maximize visibility into a business from anywhere. Both are scalable, which enables each to grow with your business.
Key Differences between Acumatica and NetSuite
Despite their similarities, Acumatica and Oracle NetSuite have major differences that can affect user experience, depending on the business and its processes. Here are some examples:
Full relational database export is not supported by Oracle NetSuite, so migrating data can be a difficult process, not to mention costly.
Acumatica comes with a built-in automated backup service. Additionally, its snapshot feature can provide a relational copy of data whenever it is needed.
Standard tools for configuration:
Only proprietary development tools are included with Oracle NetSuite; a lack of industry-standard tools makes customizations difficult.
Equally configurable, Acumatica is built on C# and .NET frameworks, so customizing its features and interfaces can be accomplished using existing knowledge and skillsets.
Scheduling your upgrade can be challenging with Oracle NetSuite, which uses a multi-tenant model that limits when users can perform updates.
While Oracle charges extra to update its ERP at a user’s request, Acumatica enables users to upgrade at any time, without being charged additional fees.
Multiple deployment options:
Both solutions are available in the cloud, so organizations can take advantage of reduced hardware infrastructure and improved access control.
Acumatica offers on-premises and hybrid deployment options. Companies can keep sensitive data in-house and choose the data to store in the cloud.
Both Acumatica and Oracle NetSuite are available through subscription licensing. With Acumatica, perpetual licensing is offered, so businesses only pay for the storage, applications and other computing resources they use, which are available indefinitely.
Total cost of ownership:
The total cost of ownership increases as a business grows. Oracle NetSuite charges per user, but Acumatica does not charge to add users to the system. Both systems charge for the computing resources an organization consumes.
Why Choose Acumatica
Acumatica lowers the total cost of ownership while companies can benefit from flexible licensing options and full-time access to data. The cloud ERP excels in performance, functionality and ease of use. It also provides the best price for the value. Additionally, the business management software solution includes modules to support CRM, financial management, project accounting, distribution, manufacturing, construction and eCommerce operations and departments.
Contact us today for more information, or to request a free product tour or demo to see how it can boost your company’s productivity and growth.