NetSuite vs Unit4 ERP

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Our analysts compared NetSuite vs Unit4 ERP based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Unit4 ERP 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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Unit4 ERP leverages a natural language digital assistant to expedite day-to-day business activities and provides a seamless user experience. Its financial management module offers real-time visibility and control over each stage of the record-to-report cycle. It consolidates enterprise-wide data within a unified system to streamline budget planning and analysis.

Automate and streamline project life cycles, optimize resource utilization and execute projects with precision with the project management inclusion.
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$999/User, Monthly
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Tailored to your specific needs
$49/User, Monthly
Get a free price quote
Tailored to your specific needs
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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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  • Planning and Control: Increase planning speed to empower businesses to grow exponentially and respond to opportunities. 
  • Make Data-Driven Decisions: Gain useful insights into the data to make better business decisions and allocate and utilize business resources optimally. 
  • Boost Employee Retention: Engage, support and inspire people to perform better to boost employee retention rate. 
  • Accelerate Learning: Empower employees to learn at their own pace and develop their skillsets for career growth and development. 
  • Improve Employee Experience: Automate back-office tasks and interact with systems via natural language digital assistant to carry out day-to-day business activities to improve employee experiences. 
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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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  • Financial Management: Consolidate organization-wide data to streamline budget planning and analysis. Plan cash flow, manage operational budgets and forecast sales, costs and revenue with a financial planning module. Create robust data visualizations to plan and manage budgets and forecasts while mitigating risks. 
  • Project Management: Streamline and automate end-to-end project lifecycle. Gain complete visibility and control over project and people planning, scheduling, resource management and cost and budget analysis. Leverage project templates to automate the project setup and manage complex projects. 
  • Procurement Management: Connect directly with the approved suppliers for reduced overheads and increased accuracy and control. Use a centralized procure-to-pay solution to improve efficiency and reduce costs. Gauge spending patterns accurately to negotiate better pricing and terms and conditions. 
  • Analytics and Reporting: Unearth hidden patterns, trends and relationships in historical data to comprehend risk and opportunities. Leverage AI and self-service analytics tools to analyze and drill down data to the transactional level. Create and share automated reports to facilitate collaboration. 
  • Core HR: Manage the entire hire-to-retire cycle with a centralized database and control center. Record, monitor and report employees’ absence with the expense management module. Automate approval and expense calculations to minimize administration for employees and managers. 
  • Payroll Management: Leverage the payroll management module to synchronize HR data, gain agility and manage complex calculations. Streamline and automate payroll processes and create custom reports using employee and payroll data to visualize insights and make data-driven decisions. 
  • Talent Management: Build and develop a workforce to create high-performing teams using performance management tools. Roll out mini-surveys to specific teams to understand employees, spot trends and predict employee turnover. 
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Product Ranking

#38

among all
ERP Software

#142

among all
ERP Software

Find out who the leaders are

Analyst Rating Summary

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89
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Unit4 ERP
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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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User Sentiment Summary

Great User Sentiment 6448 reviews
Good User Sentiment 89 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.

74%
of users recommend this product

Unit4 ERP has a 'good' User Satisfaction Rating of 74% when considering 89 user reviews from 4 recognized software review sites.

4.9 (20)
n/a
4.0 (3489)
3.7 (70)
4.2 (1600)
3.7 (7)
4.4 (125)
4.1 (7)
4.0 (1214)
2.8 (5)

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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Industry-Specific Solutions: Unit4 ERP offers tailored solutions for specific sectors like education and non-profits, addressing their unique needs.
User-Friendly Interface: Many users praise the system's intuitive design, making it easy to navigate and use.
Cloud-Based Accessibility: Unit4 ERP's cloud-based nature allows for convenient access from any location with an internet connection.
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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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Complex User Interface: Some users find the interface difficult to navigate and not intuitive, leading to a steep learning curve.
Reporting Limitations: Users have reported difficulties in generating custom reports and extracting specific data, hindering data analysis and decision-making.
Integration Challenges: Integrating Unit4 ERP with other systems can be complex and require significant technical expertise, potentially leading to delays and increased costs.
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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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Unit4 ERP is generally praised for its user-friendly interface, making it easy to navigate and find necessary information. Users highlight its flexibility, allowing customization to meet specific business needs and the ability to add new features as requirements evolve. The scalability of Unit4 ERP is also a plus, as users can easily add users and new locations as their businesses grow. One user even stated that Unit4 ERP is the most user-friendly ERP solution they've ever used. However, while Unit4 ERP can scale for growth, it's worth noting that it's primarily built for smaller organizations. This makes it a great option for smaller businesses that plan to scale, as they can have a solution that provides the breadth of capabilities they need now and in the future. Unit4 ERP is best suited for small to mid-sized organizations that are looking for a user-friendly, flexible, and scalable ERP solution. Larger organizations with more complex needs may find that Unit4 ERP lacks some of the features and functionality they require. It's always a good idea to check for the most up-to-date user reviews and product information, as software capabilities can change rapidly.

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