NetSuite ERP vs QAD Cloud ERP comparison

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3,829 views|2,369 comparisons
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Comparison Buyer's Guide
Executive Summary

We performed a comparison between NetSuite ERP and QAD Cloud ERP based on real PeerSpot user reviews.

Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP.
To learn more, read our detailed Cloud ERP Report (Updated: March 2024).
765,234 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The initial setup is easy.""The user interface is very good.""The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner.""We leverage the core platform but are able to add additional functionality for ease of use, tailored processes, and industry related reporting.""It is a very solid product for finance and procure-to-pay processes.""Every year, they release a new version.""It's integrated into everything well so you can navigate and use it in a very simple way.""The most valuable feature is that it works according to how the Internet works."

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"The solution serves its purpose and does what we need it to do.""It is the most stable solution that I've ever worked with."

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Cons
"If they could provide more integration options to connect with different products, that would be ideal.""The manufacturing and planning side could be improved. That part isn't up to date. NetSuite could be easier to integrate in general.""Some of the features around the payroll and payroll taxes and management of that are lacking. We had to outsource some of that because we found that the functionality isn't there.""NetSuite is good for data management, but it's missing payroll features.""The solution could be more stable.""As with any system offering large volumes of data, there are limitations on processing large volumes of data in custom ways.""It would be great if they offered localization for Central America.""An area for improvement in NetSuite ERP is its accounting functionality because it has certain limitations. You can't maintain sub-ledgers or post accrued expenses in sub-ledger forms, so you'll need to post in journals. The pricing is another area that can be improved in NetSuite ERP because the pricing was lower when it wasn't part of Oracle, but after Oracle acquired Netsuite and NetSuite ERP was offered as a cloud service, the price went up."

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"Just implementing an ERP system takes a lot of time.""The product lacks a lot of features and technology."

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Pricing and Cost Advice
  • "I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
  • "When people buy ERP, it's a competitive situation and the pricing is paramount."
  • "It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing."
  • "There is an annual license required to use this solution."
  • "The price of the solution is quite high."
  • "NetSuite ERP has a cost per module you want to use, and then you have the license per user."
  • "Pricing for NetSuite ERP is okay, but it could be better. The licensing model for NetSuite ERP is based on the number of modules and users. The standard license covers up to twenty-five users. If you have more than twenty-five users, you'll have to buy the premium license, which would double the price. For one module with five user licenses, the cost is between $40,000 to $50,000."
  • "It's very competitively priced due to it being a subscription model. So, clients are quite happy with the pricing. I would rate it an eight out of ten in terms of pricing."
  • More NetSuite ERP Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:It offers reporting flexibilities that were previously unavailable to us.
    Top Answer:The cost can vary depending on the company's size, the number of users, and the service providers. It's not a fixed amount, and it depends on specific requirements and agreements with the service… more »
    Top Answer:Our interactions with Oracle have not always been positive. Obtaining clear and transparent information on costs has been challenging, and we often struggle to understand the details of the invoices… more »
    Top Answer:It is the most stable solution that I've ever worked with.
    Top Answer:I rate the pricing an eight out of ten on a scale where one is cheap and ten is expensive.
    Top Answer:The product lacks a lot of features and technology. It is really limited. The tool must improve in almost all areas. There are a lot of things that should be improved in the manufacturing and shop… more »
    Ranking
    1st
    out of 18 in Cloud ERP
    Views
    3,829
    Comparisons
    2,369
    Reviews
    12
    Average Words per Review
    603
    Rating
    7.8
    25th
    out of 66 in ERP
    Views
    572
    Comparisons
    412
    Reviews
    1
    Average Words per Review
    530
    Rating
    5.0
    Comparisons
    Also Known As
    MFG/PRO
    Learn More
    Overview

    NetSuite ERP (Enterprise Resource Planning) is a cloud-based business management software that provides a suite of applications to support various business functions, such as finance, accounting, order management, inventory management, and human resources. It is designed to help organizations streamline and automate their operations, improve decision-making, and increase visibility into key performance metrics. NetSuite ERP integrates all business processes in a single system, providing a real-time, unified view of the business and enabling organizations to manage their operations more efficiently and effectively.

    NetSuite ERP Features

    NetSuite ERP has many valuable key features. Some of the most useful ones include:

    • E-commerce: NetSuite ERP provides a platform for creating and managing online stores, enabling organizations to sell products and services online.
    • Reporting and analytics: The solution includes business intelligence and reporting capabilities to help organizations gain insight into their operations and make data-driven decisions.
    • Multi-currency support: NetSuite ERP supports multiple currencies, making it suitable for organizations operating in multiple countries.
    • Global tax management: With its support for global tax management, organizations can manage tax compliance in multiple jurisdictions.
    • Real-time visibility: The solution’s real-time visibility at local, regional and headquarter levels, enables organizations to standardize business processes across all divisions and subsidiaries.
    • General Ledger: With NetSuite's general ledger capabilities, accounting professionals gain flexibility and visibility, richer reporting functionality, enhanced audit trails and the ability to customize account types, transactions and reporting segments to meet unique business requirements.

    NetSuite ERP Benefits

    There are many benefits to implementing NetSuite ERP. Some of the biggest advantages the solution offers include:

    • Simplify your business: With the solution you can manage accounting, inventory, operations, distribution and more from a single application. Users can also automate manual processes to save time and free up resources to better serve customers, identify new opportunities, and outpace the competition.
    • Supply chain optimization: The solution makes it easy to control the flow of goods across the value chain, from suppliers to customers.
    • Flawless order management: NetSuite ERP helps organizations error-proof order management and procurement.
    • Increased warehouse efficiency: With NetSuite ERP, users can optimize the putaway process and reduce picking errors.

    Reviews from Real Users

    NetSuite ERP is a solution that stands out when compared to many of its competitors. Some of its major advantages are its friendly user interface, customizable dashboards, reporting, scalability, stability, and much more.

    GirirajInja, Head of IT operations at Karma technology, says, "As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP.”

    Another PeerSpot user, Mohammed I., Sales Manager at Inspirria Cloudtech, states, "NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs.” He also adds, “[It] includes multiple modules, is scalable, and stable.”

    QAD Cloud ERP is an enterprise resource planning solution designed exclusively for global manufacturing. It supports best-in-class, industry-specific business processes and flexible deployment options.

    Sample Customers
    2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
    Tower International, Kendra Scott
    Top Industries
    REVIEWERS
    Computer Software Company23%
    Non Profit15%
    Integrator8%
    Recreational Facilities/Services Company8%
    VISITORS READING REVIEWS
    Educational Organization37%
    Computer Software Company10%
    Manufacturing Company6%
    Financial Services Firm5%
    VISITORS READING REVIEWS
    Computer Software Company23%
    Manufacturing Company10%
    Educational Organization9%
    Financial Services Firm6%
    Company Size
    REVIEWERS
    Small Business65%
    Midsize Enterprise21%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise46%
    Large Enterprise33%
    VISITORS READING REVIEWS
    Small Business39%
    Midsize Enterprise15%
    Large Enterprise46%
    Buyer's Guide
    Cloud ERP
    March 2024
    Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    NetSuite ERP is ranked 1st in Cloud ERP with 32 reviews while QAD Cloud ERP is ranked 25th in ERP with 2 reviews. NetSuite ERP is rated 7.8, while QAD Cloud ERP is rated 7.0. The top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". On the other hand, the top reviewer of QAD Cloud ERP writes "The product lacks a lot of features and technology, though it is the most stable solution in the market". NetSuite ERP is most compared with Oracle Fusion Cloud ERP, NetSuite OneWorld, SAP S/4HANA, Oracle E-Business Suite and IBM Maximo, whereas QAD Cloud ERP is most compared with IFS Cloud Platform, SAP ERP, SAP S/4HANA, JD Edwards EnterpriseOne and Epicor ERP.

    We monitor all Cloud ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.