NetSuite vs Oracle

The cloud-based NetSuite software suite offers a comprehensive set of enterprise resource planning (ERP) tools, including customer relationship management (CRM), ecommerce, and financials. Oracle, on the other hand, provides a variety of software solutions, including an ERP system, a CRM application, and a host of business intelligence (BI) and analytics tools. Both NetSuite and Oracle offer on-premises and cloud-based deployment options.

NetSuite Overview

NetSuite was founded in 1998 with the goal of providing a cloud-based alternative to traditional on-premises ERP systems. The company was acquired by Oracle in 2016 for $9.3 billion. NetSuite's flagship product is its eponymous ERP system, which is aimed at small and midsize businesses (SMBs). The software provides a single, unified platform that includes CRM, ecommerce, and financials.

NetSuite Benefits

NetSuite's main selling point is that it offers a complete suite of business applications in a single platform. This can save businesses time and money by eliminating the need to integrate multiple disparate systems. NetSuite is also less expensive than many competing ERP systems, in part because it is offered as a subscription service with no upfront costs. The software is also highly customizable, so businesses can tailor it to their specific needs.

NetSuite Drawbacks

While NetSuite's unified platform can be a major advantage, it can also be a disadvantage. businesses that only need a subset of the software's features may find themselves paying for functionality they don't need. NetSuite can also be difficult to customize, so businesses that require significant customization may need to invest in external consultants to do the work.

Oracle Overview

Oracle was founded in 1977 and has since become one of the largest enterprise software companies in the world. The company offers a wide range of software solutions, including an ERP system, a CRM application, and a host of business intelligence (BI) and analytics tools. Oracle also offers a variety of on-premises and cloud-based deployment options.

Oracle Benefits

Oracle's main selling point is its comprehensive suite of enterprise software solutions. The company's ERP system is aimed at large businesses, while its CRM application is targeted at small and midsize businesses. Oracle also offers a wide range of BI and analytics tools, making it a one-stop shop for businesses that need those capabilities. In addition, Oracle's software is highly customizable, so businesses can tailor it to their specific needs.