NetSuite vs iM3 SCM

Last Updated:

Our analysts compared NetSuite vs iM3 SCM based on data from our 400+ point analysis of Supply Chain Management Software, user reviews and our own crowdsourced data from our free software selection platform.

NetSuite Software Tool
iM3 SCM 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
read more...
IM3 SCM is a cloud-based solution that provides its users with automated inventory, warehouse, order and repair management. It delivers various functionalities such as fleet management, inventory updates, e-commerce integration, automated contracts, asset management and more.

It helps businesses of all sizes manage the day-to-day transactions required to run their value chains. It offers real-time sales orders, work orders and invoices, increases invoicing accuracy and timeliness and reduces inventory costs.
read more...
$999/User, Monthly
Get a free price quote
Tailored to your specific needs
$100/User, Monthly
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

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. 
read more...
  • Improved Inventory Accuracy: iM3 SCM reduces errors in inventory tracking by automating data entry and providing real-time updates, ensuring stock levels are always accurate.
  • Enhanced Supplier Collaboration: The software facilitates seamless communication with suppliers, allowing for better coordination and faster response times to changes in demand or supply issues.
  • Cost Reduction: By optimizing inventory levels and streamlining procurement processes, iM3 SCM helps businesses reduce carrying costs and avoid overstocking or stockouts.
  • Increased Operational Efficiency: Automating routine tasks such as order processing and shipment tracking frees up staff to focus on more strategic activities, boosting overall productivity.
  • Data-Driven Decision Making: With comprehensive analytics and reporting tools, iM3 SCM provides actionable insights that help managers make informed decisions based on real-time data.
  • Enhanced Customer Satisfaction: By ensuring timely delivery and accurate order fulfillment, the software helps improve customer satisfaction and loyalty.
  • Scalability: iM3 SCM can easily scale with your business, accommodating growth and changes in supply chain complexity without requiring significant additional investment.
  • Risk Management: The software helps identify potential risks in the supply chain, such as supplier reliability issues or transportation delays, allowing for proactive mitigation strategies.
  • Regulatory Compliance: iM3 SCM assists in maintaining compliance with industry regulations by providing necessary documentation and ensuring traceability throughout the supply chain.
  • Environmental Sustainability: By optimizing logistics and reducing waste, the software supports sustainable practices, helping businesses minimize their environmental footprint.
read more...
  • 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. 
read more...
  • Fleet Management: Automate fleet services with mobile workforce automation. Create, prioritize and assign employees with customer work orders based on their expertise, current location, availability, schedule and work-load. Completely integrates fleet inventory with the main warehouse SCM application. 
  • Inventory Management: Manage inventory processes inside the warehouse, including yearly inventory updates, cycle counts, tracking, transfers, issuing, putaway, stock replenishment and more. Stocks can be segmented and organized by business unit or channel. Tracks and updates inventory based on order management, usage, replenishment and counting. 
  • E-commerce: Integrate e-commerce business with SCM solutions or third-party tools like Shopify, BigCommerce, Amazon, Walmart, Magento and more. Manage warehouse distribution operations such as inventory management, catalog management, custom orders and shipping. 
  • Asset Management: Set up and maintain self-owned and customer equipment and asset information. Automate compliance management, perform work, change and incident management. Streamline install, servicing, repair, warranty and PM jobs. Handle asset history and lifecycle using a single, integrated platform. 
  • Automated Contracts: Manage customer servicing, preventive maintenance, rental and leasing contracts. Setup automated billing and invoices according to a preferred time period. Determine critical decisions like renegotiation on contacts by viewing reporting, profitability and costs. 
  • Business Intelligence and Analytics: Offers Excel-based downloadable and editable reporting capabilities. Report and examine major business analytics with web reports, self-service SQL reports, customizable dashboards and visual analysis tools to measure key performance indicators. 
  • Mobile Support: Manage warehouse operations on its mobile platform, compatible with iOS and Android smartphones and tablets. Increase efficiency and productivity to drive cash flow and profitability using advanced mobility tools. 
read more...

Product Ranking

#1

among all
Supply Chain Management Software

#380

among all
Supply Chain Management Software

Find out who the leaders are

Analyst Rating Summary

71
70
98
97
71
69
47
50
Show More Show More
Inventory Management
Procurement and Supplier Management
Warehouse Management
Inventory Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

NetSuite
iM3 SCM
+ Add Product + Add Product
Inventory Management Logistics And Transportation Mobile Capabilites Procurement And Supplier Management Purchase Order Management Supply Chain Analytics Supply Chain Planning Warehouse Labor Management Warehouse Management 98 71 47 93 83 68 73 45 88 97 69 50 71 62 81 70 59 80 0 25 50 75 100
100%
0%
0%
100%
0%
0%
60%
0%
40%
73%
0%
27%
38%
0%
62%
50%
0%
50%
90%
0%
10%
70%
0%
30%
83%
0%
17%
67%
0%
33%
70%
0%
30%
80%
0%
20%
63%
6%
31%
75%
0%
25%
0%
75%
25%
63%
0%
37%
86%
0%
14%
79%
0%
21%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

43%
0%
57%
71%
0%
29%

User Sentiment Summary

Great User Sentiment 6448 reviews
Great User Sentiment 50 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.

88%
of users recommend this product

iM3 SCM has a 'great' User Satisfaction Rating of 88% when considering 50 user reviews from 2 recognized software review sites.

4.9 (20)
n/a
4.0 (3489)
n/a
n/a
4.36 (25)
4.2 (1600)
4.4 (25)
4.4 (125)
n/a
4.0 (1214)
n/a

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.
Show more
Improved Inventory Visibility: Users have praised iM3 SCM for providing a centralized platform that offers real-time insights into inventory levels across multiple locations. This granular visibility empowers businesses to optimize stock allocation, minimize stockouts, and reduce excess inventory carrying costs.
Streamlined Order Fulfillment: Users appreciate iM3 SCM's ability to automate and expedite order fulfillment processes. The system can efficiently manage order routing, picking, packing, and shipping, leading to faster order processing times and improved customer satisfaction.
Enhanced Demand Forecasting: iM3 SCM's demand forecasting capabilities have been commended by users for their accuracy and reliability. By leveraging historical data, trends, and external factors, the system can generate precise demand forecasts, enabling businesses to proactively adjust production plans and optimize inventory levels.
Show more
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.
Show more
Limited Customization: Users have expressed frustration over the inflexibility of iM3's SCM software, particularly when it comes to adapting the system to their specific workflows and reporting needs.
Steep Learning Curve: The software's complexity and non-intuitive interface have been cited as major drawbacks, making it challenging for new users to quickly learn and utilize the system effectively.
Integration Challenges: Seamless integration with existing enterprise systems, such as ERP or CRM, has proven difficult for some users, leading to data silos and hindering overall operational efficiency.
Show more

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.

Show more

While user reviews from the last year are limited, those available highlight iM3 SCM's user-friendly interface as a key strength. Users praise its intuitive design, making it easy to navigate even for team members who aren't tech-savvy. This ease of use is critical in fast-paced business environments where time is of the essence. However, some users have expressed concerns about the software's limited integrations with other business tools, potentially hindering its seamless adoption into existing workflows. A standout feature of iM3 SCM is its flexibility, allowing customization to fit the specific needs of diverse organizations. For instance, a small business specializing in handcrafted goods can tailor the software to manage its unique production and distribution processes, while a large-scale manufacturer can leverage its scalability for complex supply chain operations. This adaptability makes iM3 SCM a suitable choice for businesses of all sizes. However, a lack of detailed user feedback makes it difficult to thoroughly assess how iM3 SCM stacks up against competitors like SAP SCM or Infor SCM in terms of advanced features and industry-specific functionalities. Based on available information, iM3 SCM appears well-suited for businesses prioritizing ease of use and customization, particularly those seeking a solution that can adapt as their operations grow and evolve.

Show more

Screenshots

Top Alternatives in Supply Chain Management Software


Blue Yonder

Coupa

Dynamics 365 SCM

Epicor SCM

IFS

iM3 SCM

Infor Supply Chain Management

Logility

Manhattan Supply Chain

NEXXE

Oracle SCM Cloud

Sage X3

SAP Supply Chain

SYSPRO

Related Categories

Show more

Head-to-Head Comparison

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings