SAP vs Netsuite Which Is Best for Your Business? (2021)


SAP vs Netsuite

SAP Business and NetSuite ByDesign offer cloud-based ERP software that medium-sized companies can use to better manage their businesses.

What is the difference between them …

Let’s find out

 

SAP & Netsuite Service

SAP services cover a wide range of topics…

  • Essential Business Services
  • Innovation Services & Solutions
  • Advisory Services
  • Implementation Services
  • Cloud Services
  • Support Services
  • Premium Engagement

Netsuite offers various service options:

  • Education Services
  • Industry Expertise
  • Partner Services & Support
  • Professional Services
  • Support Services
  • NetSuite Product Training
  • Learning Cloud Support
  • NetSuite User Enablement
  • NetSuite Partner Enablement
  • NetSuite User Adoption Services
  • NetSuite Certificate
  • Chatbox
  • Contact Us Page

 

SAP vs Netsuite Products

SAP offers 6 product categories with different categories:

1.ERP & Finance

Enterprise Resource Planning (ERP) software has become an integral part of modern businesses. It houses a world of business functions designed to meet inventory requirements, ensure the quality of the end product, manage production functions, and oversee critical business processes.

The finance and accounting department of any business is essential. The way you work may be unique and different, but the goal is almost the same in all cases. Every CFO wants:

2.Supply Chain Management

It is the supply chain software within SAP that integrates business processes to effectively manage your supply chain operations.
SAP SCM is supply chain software integrated with SAP that increases business flexibility to respond effectively to changing market requirements. It enables organizations to plan and execute the logistics within supply networks and to manage the workflow. SAP SCM can significantly improve overall efficiency and productively rationalize network logistics.

3.CRM & Customer Experience

“CRM stands for Customer Relationship Management. With a CRM system, you can automate and integrate your customer-facing activities: sales, marketing, customer service, and e-commerce. The world-class CRM software also offers tools for customer analytics, personalization, social media, collaboration, and more. “. SAP (2021)

SAP Hybris is now SAP Customer Experience, a product line called SAP S / 4HANA.
The “C” stands for a customer and the “4” stands for 4th generation CRM. The suite runs on the digital core of SAP S / 4HANA. Follow this formula and voila, you have SAP S / 4HANA.

4.HR & People Engagement

SAP Human Capital Management (SAP HCM) is an important SAP module. It is also known as the SAP Human Resource Management System (SAP HRMS) or SAP Human Resource (HR). You can automate recording processes with the SAP HR software. … organizational management.

Together with Semos, an SAP partner, SAP has created enhancements to the employee loyalty solution for SAP SuccessFactors. These engagement solutions were developed using the SAP HANA cloud platform and offer you access to proven flexibility, integration, and data security as well as the possibility of providing additional functions, future adjustments, and compliance requirements.

5.Network and Spend Management

SAP Ariba is a B2B platform on the digital core of S / 4HANA, with which procurement processes between companies and suppliers can be managed efficiently and cost-effectively using cloud technologies. With its cloud nature, SAP Ariba eliminates hardware and implementation costs. Unlike any other procurement solution, SAP Ariba hosts an Ariba Network platform on which more than 2 million companies worldwide collaborate. With the SAP Ariba Strategic Sourcing solution portfolio, you can manage all of your procurement, outsourcing, and cost analysis processes for all types of expenses, direct and indirect materials, and services in one place. Reduce costs and risks and ensure that the most diverse functions for e-contracting solutions on the market are complied with. Direct reps to preferred vendors with a simple, guided shopping experience. Easier and more secure handling of all providers via the Ariba network. Convert debt into strategic assets. Automate invoice capture, workflow, and approval. Give providers insight into payments. Improve cash flow and create more equity while reducing supply chain costs and liquidity risk. SAP Ariba offers the only end-to-end solution portfolio that allows you to manage supplier, lifecycle, performance, and risk information in one place. Discover qualified suppliers, accelerate your delivery cycles, and create the most competitive and profitable offers for sustainable savings with all your procurement needs.

6.Business Technology Platform

To achieve the goal of being unmatched in the highly competitive digital enterprise market, companies are doing their best to meet the challenges of today’s economy. How can the cost of financing innovations be reduced? How can an extraordinary customer experience be achieved in times of increasing requirements and expectations? What effective benefits could employees motivate and retain?
With its enterprise technology platform, SAP makes it easier for companies to adapt to immediate market changes. Companies focus more on strategic issues than technical details.

SAP’s enterprise technology platform encompasses portfolios of solutions that include:

  • Database and Data Management
  • Analytics
  • Application Development and Integration
  • Intelligent Technologies

 

NetSuite Products:

They have 12 Products that contain various features:

1.ERP

NetSuite ERP gives companies visibility and control of their business activities and status.

Features:

  • Financial Management

  • Production Management

  • Procurement

  • Financial Planning

  • Supply Chain Management

  • Order Management

  • Warehouse & Fulfillment

2.Accounting Software

NetSuite provides complete real-time visibility into financial performance and critical business processes.

Features:

  • Billing

  • Finance Accounting

  • Finance Planning

  • Finance Reporting

  • Global Accounting & Consolidation

  • Governance, Risk, and Compliance

  • Revenue Recognition

3.Global Business Management

NetSuite enables the management of multinational and subsidiary companies.

Features:

  • Global Ecommerce

  • Global ERP

  • Global SRP

  • International Capabilities

4.CRM

NetSuite’s CRM provides real-time information on an entire customer lifecycle, from lead to business opportunity, quotes, commissions, sales forecasting, purchase, delivery, and beyond.

Features:

  • Customer Service Management

  • Marketing Automation

  • Mobile

  • Partner Relationship Management

  • SalesForce Automation

5.Human Capital Management – HR & Payroll

NetSuite has no additional control over the relative humidity process.

Features:

  • Payroll

  • HR

  • Performance Management

  • HR Analytics

  • Analytics

  • Billing

  • Expense Management

  • Project Accounting

6.Professional Services Automation

NetSuite manages the bid-to-invoice processes and configures itself as your business grows. You can scale as needed with project management, resource management, project finance, billing, and billing activities.

Features:

  • Analytics

  • Billing

  • Expense Management

  • Project Accounting

  • Project Management

  • Resource Management

  • Timesheet Management

7.Email Marketing

NetSuite secures the customer relationship for the sent e-mail marketing and the Bon Message Au Bon Moment.

Features:

  • Automation

  • Browse Abandonment

  • Cart Recovery

  • Email

  • Personalization

  • Product Recommendations

8.Omnichannel Commerce

NetSuite supports multiple countries, languages, tax rates, and currencies.

Features:

  • B2C & B2B Ecommerce

  • CRM

  • Email Marketing

  • Order Management

  • Point of Sale

9.Analytics

NetSuite to an integrated AI. The Fournit Critical Decision Analysis, which is permanent for the members, includes the company’s performance by department, team, and subsidiary. The address is “Questions to answer and answer the questions”. who will go into the future and who will have a fair pour resistant

Features:

  • Analytics

  • Business Intelligence

10.Experience

The NetSuite experience implies that the empathy and communication of the team jacket and the customer jacket are related to the employment status and increases motivation, promotes efficiency and productivity of the users.

Features:

  • Document Management

  • Embedded Analytics

  • Mobile

  • Role-based Authentication

  • Suite Social

  • User Interface

  • User Customized Dashboards

11.SuiteSuccess

NetSuite is a collection of research that, as far as we know, limits a company’s ability to evolve and make the changes required.

Features:

  • Agency

  • Apparel & Footwear

  • Financials First

  • Food & Beverages

  • IT Value-Added Resellers

  • Manufacturing

  • Media & Entertainment

  • Nonprofit

  • Oracle NetSuite Planning & Budgeting

  • Overview

  • Publishing

  • Retail

  • Software

  • Solution Provider

  • Starter Edition

  • Suite Commerce

  • Suite People

  • Wholesale Solution

12.Platform

NetSuite can be extended by adding apps to maximize business success.

Features:

  • SuiteCloud Tools

  • SuiteCloud Infrastructure

  • Suite APP Directory

  • SuiteCloud Developer Network

  • Build, Customize, Connect, Integrate

SAP vs Netsuite Training

SAP Training:

All SAP training courses are free for SAP customers and are offered online via video instructions. Most courses are personalized and offered in English, German, French, and Spanish … and some only in German.
Users can also study on their mobile devices. Each course taken provides the user with a certificate of completion.

222 Training Courses are offered at SAP.  Here is an example of some of the courses:

  • Prepare for Your SAP Business ByDesign Certification – Application Associate
  • SAP’s Integrated Intelligent Suite
  • Confidential Communication in the Internet
  • This Is SAP Fieldglass
  • Business Success with Climate Action
  • The Business Opportunities of a Digitally Transformed Economy
  • Digital Identities
  • An Enterprise Architect’s View on SAP Business Technology Platform
  • Enter Next-Level Bot Building with SAP Intelligent RPA 2.0
  • Cyberthreats: Malware
  • SAP Integration Solution Advisory Methodology
  • Integration Advisor Capability of SAP Cloud Platform Integration Suite

NetSuite Training:

NetSuite users are offered free training. You select the course and fill out an application form to obtain authorization from NetSuite to take the required course.
Classes are online via video instruction. If you have any questions, you can email your instructor who will usually reply within 3 working days. Users have 1 year to complete a course

Their Training Program Includes:

  • NetSuite Product Training- includes Course Catalog, Finder, and Schedule
  • Learning Cloud Support- includes learning cloud support, support pass, and support selection
  • User Enabled -a NetSuite Education Advisor will work to create a tailored training plan for your Users based on your business needs
  • Partner Enablement- includes partner enablement, onboarding training, training schedule, learning Cloud Support Pass, Learning Provider Toolkit
  • NetSuite User Adoption Services- helps reduce implementation time by helping transform your business activities to the cloud and empowering users
  • NetSuite Certification- this comes with an additional cost per User which provides certifications to users who have successfully learned the process of
  • Training FAQ

The benefits of training are to increase user’s adoption, productivity, goal achievement, independent administration, reduce implementation risk, and strengthen long-term ownership.

SAP vs Netsuite Pricing

SAP provides a 14-day Free trial

If you are interested in any of the products you must request a quote.

SAP Business One prices start at $ 150 to $ 170 per user per month, including the cost of hosting the application. * *
* (Mobile users start at $ 50 per user per month)

Implementations of SAP Business One Soft Engine range from $ 35,000 to $ 150,000.
The typical implementation time is usually between 3 and 6 months, depending on the scope of the obligation.

NetSuite provides a free product tour upon request

If you are interested in any of their product selections you will need to contact them for a quote.

NetSuite pricing is tailored to each customer and is based on a range of data including the ERP configuration, required plug-ins, the total number of users, and contract length. The basic license costs $ 999 per month with access costs of $ 99 per user per month.

Advantages And Disadvantages of  SAP & Netsuite:

                    Advantages 

    Disadvantages

  

 

SAP

Real-time data User-Friendly
General Ledger Transactions Tax Platform
Integration Difficult to modify if Business Process Changes
Training High IT cost for the system support

 

 

NetSuite

Customized Forms & Reports Tedious Admin Login
Supporting Multiple Currencies Yearly fees increase
Inventory Management Customer Service

 

Customer Reviews:

SAP ERP is a cloud-based ERP suite that provides resource planning and business management solutions to provide users with the financial visibility they need to execute growth plans, increase margins, and satisfy …

The NetSuite ERP software is a cloud-based solution for small and medium-sized businesses. It offers various functions, including a module for managing revenue recognition, with which calculations and creations …

Analytics & Reporting

While many ERP systems collect business data without being able to analyze or present it in a meaningful way,

SAP  Business and NetSuite are experts in providing reports, KPIs, and dashboards.

If you are a little technical or if you are scared of the idea of ​​analytics, NetSuite‘s Analytics solution is designed specifically for you. The customizable reporting tools are easy to use, less like an intimidating spreadsheet, and much easier to use. With NetSuite, users can generate real-time reports that provide an instant overview of all business processes for quick and easy optimization. The system automates the calculation, provides ongoing monitoring and reporting on revenue recognition, and full support for all major revenue recognition rules. NetSuite’s CRM component provides a 360-degree, real-time view of your customer and provides business intelligence from the prospect on interactions, sales orders, fulfillment, and customer service.
HANA, the in-memory computing platform from SAP, has functions similar to NetSuite in that it also provides real-time data access and visualization, as well as reporting functions. HANA offers the user of SAP Business One the additional advantage of an Excel tool for querying data. Many of SAP’s analytics offerings require separate licenses, which increases the time and cost of implementation.

Conclusion!

If you use Netsuite against SAP Business One, it is clear that both applications have their strengths: If you are looking for a simple and intuitive ERP application with excellent reporting and workflow management functions, SAP Business One may be the right one for you. However, NetSuite is arguably an effective application because it includes better and more e-commerce features, add-ons and integration, and the benefits of a full cloud-based base – including better access to the web and no hardware-related costs.

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