NetSuite vs Oracle EBS

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Our analysts compared NetSuite vs Oracle EBS based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Oracle EBS Software Tool

Product Basics

NetSuite ERP is a cloud-based enterprise resource planning (ERP) solution designed to automate and streamline core business processes. It manages all aspects of a company's operations, including financials, accounting, inventory, supply chain, and customer relationship management (CRM). NetSuite is best suited for mid-sized and large businesses with complex needs who require a comprehensive solution to manage their growth. Key benefits include improved visibility, real-time data access, increased efficiency, and enhanced collaboration. Popular features include order management, project management, financial reporting, and business intelligence. User reviews praise NetSuite's scalability, flexibility, and ease of use. However, some users mention the initial implementation cost and learning curve as drawbacks. Pricing is tiered based on the number of users and modules required. Monthly subscription fees can range from $999 to $4,999 per month. Additionally, one-time implementation fees may apply.

Pros
  • Scalable
  • Flexible
  • Easy to use
  • Real-time data
  • Improved visibility
Cons
  • High cost
  • Steep learning curve
  • Limited customization
  • Integration issues
  • Vendor lock-in
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Oracle EBS is an integrated suite of business applications designed to automate core business processes across finance, supply chain, project management, and human resources. It's a comprehensive solution ideally suited for large and mid-sized enterprises seeking to streamline operations, improve efficiency, and gain insights into their business. Oracle EBS boasts a wide range of features, including robust financial management tools, advanced supply chain functionalities, collaborative project management capabilities, and comprehensive human resources modules. Users appreciate its scalability, flexibility, and powerful reporting and analytics capabilities. Pricing for Oracle EBS varies depending on the specific modules chosen, the number of users, and the size of the organization. Generally, it falls within a range of $100,000 to $1 million per year, with payment options including annual subscriptions and licensing fees. While user experiences can vary, Oracle EBS is known for its robust functionality, scalability, and ability to integrate with other applications. However, some users report challenges with the complexity of the system and the need for specialized expertise to implement and maintain it.

Pros
  • Scalable
  • Comprehensive
  • Robust
  • Integrates well
  • Powerful reporting
Cons
  • Complex
  • Expensive
  • Requires expertise
  • Not user-friendly
  • Limited customization
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Product Assistance

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Product Insights

  • Customization and visibility: The ability for clients to develop solutions that are tailored to their own business needs is a driving benefit of NetSuite ERP. The tool also provides visibility across workflows, which provides heightened transparency across departments. 
  • Built-in workflows: Built-in workflows are helpful because they allow for the automation or streamlining of various business tasks, therefore improving productivity. This benefit includes more accurate financial management and omnichannel engagement. 
  • Control over business processes: NetSuite ERP gives companies more control over business processes. For example, the program contains a supply chain portal that makes sure your customers benefit from the same experience, no matter where exactly they decide to convert within the sales funnel. 
  • Real-time insights: Real-time data is a key benefit that, when paired with NetSuite ERP’s personalized dashboards, can help your company develop insights more quickly. This can reduce the amount of time you spend filtering and sorting data to develop actionable solutions for your business. 
  • Easily accessible: NetSuite ERP is a cloud-based solution, meaning that as long as you have internet access, you can use it. This means you won’t have to be tied to your desktop computer to work with its suite of tools, which gives you the freedom to work where and when you want. 
  • Relatively low cost of ownership: Cost is an essential factor to consider when implementing an ERP solution, which is why NetSuite ERP seeks to lower its price by eliminating IT expenses (both initially and on an ongoing basis.) It also provides automatic updates so that you don’t have to pay extra for maintenance. 
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  • Streamlined Operations: Automate core business processes across finance, supply chain, project management, and human resources. Free up resources and improve overall efficiency.
  • Enhanced Visibility: Gain real-time insights into your business performance with powerful reporting and analytics. Make data-driven decisions and improve strategic planning.
  • Increased Agility: Adapt to changing market conditions and customer demands quickly and efficiently. Stay competitive in today's dynamic business environment.
  • Reduced Costs: Optimize resource allocation, eliminate redundant processes, and minimize errors. Improve your bottom line and achieve financial sustainability.
  • Improved Collaboration: Foster seamless communication and collaboration across departments. Break down silos and achieve better outcomes.
  • Enhanced Security: Protect your sensitive data with comprehensive security features and compliance tools. Ensure the integrity and confidentiality of your information.
  • Scalability: Grow your business without limitations. Easily accommodate expanding data volumes and increasing user requirements.
  • Integration: Connect seamlessly with other applications and systems to create a unified business ecosystem. Improve data flow and access information easily.
  • Improved Decision Making: Gain deeper insights into your business and make better-informed decisions. Drive growth and profitability.
  • Enhanced Customer Satisfaction: Deliver exceptional customer service with improved responsiveness and efficiency. Build stronger relationships and loyalty.
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  • Sales Order Management: The sales order management tool provides automation that works to reduce manual errors and to speed up the billing and order management process. It is also integrated with other business functions such as finance and fulfillment. 
  • Source Management: This tool helps ensure compliance during the purchasing process through its centralized supply portal. It also has forecasting abilities that are able to recalculate predictions based on actual fluctuations. 
  • Warehouse Management: The warehouse management feature streamlines warehouse operations by decreasing overhead and cycle times. It can also improve rates of on-time delivery, therefore improving customer retention and ultimately boosting revenue. 
  • Production Management: The production management tool is integrated with CAD and PLM functionality. This feature assists in the development of quotes, tracking of contract renewals and cost estimation. 
  • Manufacturing Accounting: All of the basic features of accounting are present in this tool, from invoicing to forecasting. It can also help your company determine the amount of taxes you need to pay based on factors such as location and revenue. 
  • Transportation and Logistics: This tool is well-integrated with IoT functionality, as it lets you see in real-time where your transportation units are located. The logistic side of this tool provides inventory estimation based on historical data to help you decide what to order more of and what to order less of. 
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  • Order Management
    • Quoting: Access automatic quoting and approval protocols to increase sales and diminish cycle times. Generate and share quotes across multiple channels for easy collaboration. 
    • Trade Management: Craft budgets according to products, brands, clients, regions and categories. Superintend indirect sales and chargebacks. 
    • Sales Contracts: Detect risks or utilize corporate regulations by evaluating clause usages. Implement customizable bins for quick key contract searches. 
    • Proposals: Track client proposal histories easily. It supports several output formats, like RTF and PDF. 
  • Logistics
    • Inventory: Access discrete, process and spare part items in one centralized system. Merge with distributed execution solutions like third-party logistics providers and distributed warehouse platforms. 
    • Yard Management: Conduct dock scheduling, execute real-time trailer management and perform tool check-ins and outs. 
    • Warehouse Management: Utilize planned cross-docking, quality inspections, returns processing and more. 
    • Landed Cost Management: Divide charges according to weight, volume, quantity and value via the allocation engine. Work with numerous currencies and measurement units. 
  • Manufacturing
    • Configure to Order: Produce and upkeep assemble to order or pick to order methodologies intuitively. Strategize and govern intricate supply chain models and configurations. 
    • Master Production Scheduling: Employ what-if calculations to review unexpected order effects. Sort data buckets according to days, weeks, months or quarters. 
    • Quality: Orchestrate closed-loop corrective and preventative actions. Conduct quality management system audits. Utilize multimedia attachments. 
    • Flow Manufacturing: Sequence and planning skills to produce direct client orders. Sync component replacements for build-to-order or customized factors. 
  • Financials
    • Treasury: Leverage real-time position management and simplify in-house banking practices. 
    • Loans: Benchmark loan conditions according to program rules and govern numerous disbursements. Automate loan accounting and reporting and customize calendars to align with business goals. 
    • Credit Management: Add new data points, allocate rules-based analyst responsibilities and access more than 300 pre-set credit information points. 
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Product Ranking

#38

among all
ERP Software

#17

among all
ERP Software

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Analyst Rating Summary

80
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Oracle EBS
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Analytics And Reporting Asset Management Customer Relationship Management Finance And Accounting Human Resource Management Inventory Management Manufacturing Order Management Procurement Project Management Service Management Supply Chain Management Warehouse Management 89 57 91 99 84 97 78 83 86 100 64 67 87 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 6448 reviews
Great User Sentiment 753 reviews
81%
of users recommend this product

NetSuite has a 'great' User Satisfaction Rating of 81% when considering 6448 user reviews from 5 recognized software review sites.

81%
of users recommend this product

Oracle EBS has a 'great' User Satisfaction Rating of 81% when considering 753 user reviews from 4 recognized software review sites.

4.9 (20)
n/a
4.0 (3489)
3.6 (195)
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4.3 (27)
4.2 (1600)
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4.4 (125)
4.0 (12)
4.0 (1214)
4.2 (519)

Awards

SelectHub research analysts have evaluated NetSuite and concluded it earns best-in-class honors for Finance and Accounting and Warehouse Management.

Finance and Accounting Award
Warehouse Management Award

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Synopsis of User Ratings and Reviews

Real-time data and visibility: Gain immediate insights into your business performance with real-time access to all your data.
Improved efficiency and automation: Automate routine tasks and streamline workflows to boost productivity across your organization.
Enhanced collaboration: Break down departmental silos and foster better communication across teams.
Scalability and flexibility: Adapt NetSuite to your unique needs and accommodate your business growth.
Comprehensive features: Manage all aspects of your business operations with a single platform.
Improved decision-making: Get data-driven insights to make informed and strategic decisions.
Strong customer support: Reliable support is available through multiple channels to ensure your success.
High security and compliance: Secure your data and meet industry regulations with robust security features.
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Comprehensive Functionality: Oracle EBS offers a wide range of integrated modules covering various business functions, eliminating the need for multiple disparate systems. This allows for streamlined operations, improved data consistency, and enhanced visibility across the organization.
Scalability and Performance: Oracle EBS is designed to handle large volumes of data and transactions, ensuring smooth operation for growing businesses. This allows users to scale their operations confidently without worrying about performance bottlenecks.
Security and Reliability: Oracle EBS boasts robust security features and a proven track record of reliability, providing peace of mind for businesses. This includes features like user access controls, data encryption, and disaster recovery capabilities.
Customization Options: Oracle EBS offers flexibility for customization through configuration, extensions, and development tools. This allows businesses to tailor the system to their specific needs and processes, leading to increased efficiency and productivity.
Large Community and Support: Oracle EBS benefits from a vast user community and extensive support resources. This includes online forums, knowledge base articles, and dedicated support teams. This allows users to find answers to their questions quickly and easily, and to access valuable insights and best practices from other users.
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High cost: NetSuite's initial implementation and ongoing maintenance fees can be significant, especially for small businesses.
Steep learning curve: The platform's extensive features require significant training and user adoption efforts.
Limited customization options: While customizable, NetSuite requires technical expertise and can be costly compared to competitors.
Vendor lock-in concerns: Switching to a different ERP provider can be challenging due to potential data migration issues and dependence on NetSuite's proprietary features.
Integration challenges with certain applications: While NetSuite offers pre-built integrations, connecting with niche or less popular applications might require complex manual data entry or third-party solutions.
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Initial Cost and Implementation: Oracle EBS comes with a high initial cost for licenses, hardware, and implementation. Additionally, implementation can be complex and time-consuming, requiring specialized expertise.
Technical Complexity: Oracle EBS is a complex system with a steep learning curve. This can be challenging for smaller businesses with limited IT resources, requiring training and potentially additional staff.
Limited Cloud Flexibility: While Oracle offers EBS on its cloud platform (OCI), it primarily caters to on-premise deployments. This may limit flexibility for businesses seeking a fully cloud-based solution.
Customization Challenges: While customizable, extending EBS functionality can be complex and require specialized developer expertise. This can add significant costs and ongoing maintenance overhead.
Vendor Lock-in: Using Oracle EBS can lead to vendor lock-in, as migrating to other systems can be expensive and difficult. This can limit flexibility and bargaining power for businesses.
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User reviews for NetSuite ERP paint a mixed picture, highlighting both its strengths and weaknesses. Many users praise its comprehensive features and real-time data visibility, reporting improvements in efficiency and collaboration. One user commented, "NetSuite has transformed our business by automating tedious tasks and providing us with a single source of truth for all our data." Another added, "The collaboration features are fantastic – we can now work together seamlessly across different departments, which has boosted productivity significantly." However, users also raise concerns about the complexity of the platform and its high cost. Some find the learning curve steep and the customization options limited compared to competitors like SAP Business One and Microsoft Dynamics 365. One user noted, "NetSuite was initially overwhelming for our team due to its complexity. We had to invest heavily in training just to get started." Another commented, "The cost was a major barrier for us. We found other ERP solutions that offered similar features at a fraction of the price." The issue of vendor lock-in is another recurring concern among users. Switching to a different ERP system can be challenging due to data migration issues and dependence on NetSuite's proprietary features. One user expressed their apprehension, "We're worried about getting locked into NetSuite's ecosystem. Switching to another provider seems like a huge headache." Overall, user reviews suggest that NetSuite ERP is a powerful and feature-rich solution but comes with a steep learning curve and high cost. While it may be the perfect fit for large organizations with complex needs and significant resources, smaller businesses might find it overwhelming and expensive. When evaluating NetSuite, it's crucial to carefully consider your specific needs, budget, and technical expertise before making a decision.

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User reviews of Oracle EBS paint a picture of a powerful, comprehensive ERP system with a steep learning curve and high cost. Many users praise its extensive functionality, scalability, and strong security features, noting that it eliminates the need for multiple disparate systems and enhances operational efficiency. They also appreciate its vast community and comprehensive support resources, offering quick answers to questions and valuable insights. However, some users criticize the initial cost and complex implementation process, highlighting the need for specialized expertise and significant resources. Others find the system overly complex and challenging to learn, particularly for smaller businesses with limited IT capabilities. Additionally, the limited cloud flexibility and vendor lock-in concerns raise questions about long-term scalability and cost control compared to alternative cloud-based solutions like SAP S/4HANA and Microsoft Dynamics 365. "Oracle EBS is a powerhouse of functionality, but it comes at a price," shared a user. "The initial investment is significant, and the implementation process is no walk in the park. However, once up and running, it streamlines operations and provides unparalleled visibility across the organization." Another user commented, "The learning curve for EBS is steep, but the vast community and support resources make it a manageable challenge. The ability to customize the system to our specific needs is invaluable." However, a user cautioned, "While EBS is a robust system, its complexity can be overwhelming for smaller businesses. Additionally, the limited cloud options and vendor lock-in raise concerns about future flexibility and cost feasibility." Overall, user reviews present Oracle EBS as a powerful solution for large organizations that can afford the upfront investment and have the resources to manage its complexity. However, its strengths are balanced by significant challenges, prompting careful consideration of alternative options, especially for smaller businesses and those seeking a more cloud-native approach.

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