NetSuite vs. Statement Comparison


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		Related Products Sage Intacct Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. Its user-friendly interface and customizable dashboards empower your team to adapt quickly and make data-driven decisions. Sage Intacct's robust reporting capabilities and automation of key financial processes help improve accuracy, efficiency, and compliance. Trusted by thousands of organizations, Sage Intacct streamlines financial operations, enhances visibility, and drives business growth. With award-winning customer support and continuous innovation, Sage Intacct is your partner. 8,776 Ratings Visit Website Xero Save 80% for 4 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place. 5,952 Ratings Visit Website Odoo Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. Odoo’s intuitive database is able to meet a majority of business needs, such as: CRM, Sales, Project, Manufacturing, Inventory, and Accounting, just to name a few. Odoo is an all-in-one software solution designed to meet the needs of companies, regardless of their size (or budget). The unbeatable, seamless nature of Odoo helps businesses become more efficient by reducing redundant manual processes, which helps companies save countless hours of labor. Every module is interconnected to provide a fully-integrated experience from app to app, and users can automate many processes that would’ve otherwise required manual inputs into multiple applications. Odoo keeps all business functions in one place, allowing teams to collaborate with other departments from one unified platform in the most efficient way possible. 1,714 Ratings Visit Website Epicor Kinetic Epicor Kinetic is a cloud-first, AI-powered ERP platform for manufacturing organizations. It includes modules for financial management, supply chain, production management, inventory, quality, service, analytics, project management, CRM, and compliance. Built for discrete, make-to-order, engineer-to-order, and mixed-mode manufacturers, Kinetic supports planning and scheduling, materials management, shop floor coordination, and multi-site operations in one system. The platform provides browser-based access, role-based workflows, integration and extensibility tools, IIoT-related capabilities, and support for cloud, on-premises, and hybrid deployment. Epicor Prism extends the platform with AI-supported automation and decision support for selected ERP tasks. 533 Ratings Visit Website SAP S/4HANA Cloud Public Edition SAP Cloud ERP is the premier ERP solution for growth-focused organizations. Seamlessly integrating AI, and predictive analytics, it empowers businesses to digitally transform and streamline processes end to end. Leveraging built-in industry best practices, SAP Cloud ERP accelerates implementation while ensuring precision and flexibility across all functions. Its intuitive interface simplifies complexity, delivering real-time insights that drive strategic, data-driven decisions. Unlock new growth potential, streamline operations, and future-proof your organization in today’s fast-evolving digital landscape. SAP S/4HANA Public Edition isn’t just an ERP system it’s the cornerstone of sustained success. SOX & GAAP compliance Financial controls, forecasting & Reports, Treasury & tax Process Automation (AI, Machine Learning, Robotic Process Automation) Supply Chain & Inventory Templated Integrations Manufacturing and the ability to scale... 4,559 Ratings Visit Website Global Shop Solutions We simplify your manufacturing.™ Global Shop Solutions AI-integrated ERP software provides the applications needed to deliver a quality part on time, every time from quote to cash and everything in between, including shop management, scheduling, inventory, accounting, quality control, CRM and 25 more. Built with AI in mind, our software helps manufacturers make smarter, data-driven decisions that improve efficiency and visibility. Available in the cloud or on premise, our manufacturing customers benefit from real-time inventory accuracy, improved on-time delivery, lower administrative costs, increased sales and improved customer service. Headquarters in The Woodlands, Texas includes a state-of-the-art R&D facility and Global Shop Solutions training center. Through its offices in the U.S., Mexico, Indonesia, Singapore, Australia, New Zealand and the United Kingdom, the company supports thousands of manufacturing facilities in over 25 countries and more than 30 industries. 77 Ratings Visit Website MRPeasy The AI-powered MRP software for growing manufacturers. Ideal for companies with 10 - 200 employees MRPeasy helps small manufacturers grow with easy-to-use tools that cover all the essentials they need to manage their production. Having built the first cloud-based MRP platform in 2014, we offer user-friendly software-as-a-service that covers everything from production planning to CRM, skipping all the features that are too complex or irrelevant for small manufacturers. This means smaller manufacturers get access to powerful production planning tools, levelling the playing field with larger competitors. With MRPeasy, you know exactly how much your products cost and when they’re ready, helping you to steer your business effectively. MRPeasy integrates with leading accounting software like QuickBooks and Xero and e-commerce platforms like Shopify and WooCommerce, providing a comprehensive, fully integrated business management solution. 252 Ratings Visit Website Fishbowl Fishbowl is the #1 selling manufacturing and warehouse management software for QuickBooks. Designed for small and medium-sized businesses, including manufacturers, distributors, and service providers, Fishbowl gives businesses the flexibility to stay within the QuickBooks platform for accounting while seamlessly integrating advanced inventory features with it. It also offers multi-location tracking, work orders, bills of materials, barcoding, shipping, auto reorder points, and integrations with EDI, shopping carts, merchant services, and other business solutions. If you are looking for an affordable inventory management solution that can help your business take advantage of the latest technology to streamline operations and save time and money, Fishbowl is a great option. 1,141 Ratings Visit Website Jesta Vision Suite In business for more than 55 years, Jesta I.S. is a global developer and provider of enterprise software solutions for retailers, e-tailers, wholesalers, and brand manufacturers specializing in apparel, footwear and hard goods. Jesta’s retail and supply chain suites are anchored by our master data foundation, which collects, manages and organizes your business data in a central repository to instantly unify your business and kickstart its digital transformation. The Vision Suite is a leading, organically engineered, cloud-based, end-to-end solution that unifies and optimizes back/front-end and supply chain operations from trade/product/demand management to merchandising ERP, Point of Sale and Order Management /Omnichannel. It eliminates the inefficiencies of disjointed applications, and provides real-time visibility of enterprise inventory, cross-channel orders, and AI-driven CRM data. It accommodates various brands, currencies, and languages. 42 Ratings Visit Website Infor M3 Efficiently executing the complex processes of enterprise manufacturers and distributors. Infor M3 is a cloud-based, manufacturing and distribution ERP system that leverages the latest technologies to provide an exceptional user experience and powerful analytics in a multicompany, multicountry, and multisite platform. Infor M3 and related CloudSuite™ industry solutions include industry-leading functionality for the chemical, distribution, equipment, fashion, food and beverage, and industrial manufacturing industries. Staying ahead of the competition means staying agile. Our new capabilities bring improved data-driven insights and streamlined workflows to help you make informed decisions and take quick action. 156 Ratings Visit Website
About Oracle NetSuite is the world’s leading AI-powered cloud ERP, trusted by more than 42,000 customers worldwide. The platform unifies ERP, financials, CRM, ecommerce, and analytics into one suite, creating a single source of truth for organizations. Its built-in AI doesn’t just predict—it learns from your business data to deliver accurate insights, recommendations, and automation. With NetSuite, companies can streamline accounting, manage global operations, improve customer relationships, and optimize HR processes all from a centralized cloud platform. Its omnichannel commerce tools also help businesses scale by connecting online, offline, and B2B sales seamlessly. By combining scalability, real-time visibility, and AI-driven intelligence, NetSuite empowers organizations to operate smarter and grow faster.	About The cash intelligence platform for global liquidity management, automated A/R reconciliation, and real-time 13-week forecasting. Statement offers enterprise-grade security, automation, and global connectivity to any bank, ERP, expense, or investment system, all through a single intuitive UI. We enable treasury and finance teams to optimize their working capital by reducing manual workflows and increasing the accuracy of their cash-based data. No IT resources are required to start working. We're API-first, but that doesn't mean everyone else is. Our connectivity infrastructure offers pre-built integrations and supports any new bank, ERP, or other financial system integration our customers require. We onboard in days, not months, and there is no extra development work required. Real-time data means real-time treasury management. We pull data from every connected account every few minutes, which also means your global cash positions are always accurate.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Audience Growth-focused organizations seeking an AI-driven ERP that unifies finance, operations, commerce, and workforce management on a single, global-ready cloud platform	Audience Treasury and finance teams wanting a solution to optimize their working capital and reduce manual workflows
Support Phone Support Not Supported 24/7 Live Support Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing Contact us for information about pricing. Free Version Not Supported Free Trial Not Supported	Pricing No information available. Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 4.5 / 5 ease 4.4 / 5 features 4.6 / 5 design 4.3 / 5 support 4.5 / 5 Read all reviews	Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software
Pros & Cons from Real Users Pros I like its cloud-based architecture, which facilitates secure access to information from anywhere, which is vital for quick decision-making. NetSuite also offers advanced customization, allowing the platform to be tailored to specific business needs. Its automation tools help improve operational efficiency, reducing time spent on manual tasks. NetSuite's e-commerce capabilities allow businesses to seamlessly manage their online presence. It supports functions such as order management, inventory tracking, and customer relationship management in e-commerce. I like NetSuite's ability to provide a complete view of the supply chain. As a user, I can track inventory levels, orders, shipments, and deliveries across multiple locations and channels. This has allowed me to optimize demand planning and production scheduling, which in turn has reduced costs and improved customer satisfaction. I have also found the integrated financial planning and reporting tools very useful. The platform provides a variety of customizable reports on various metrics and dimensions, including revenue, expenses, profitability, cash flow, budgets, and forecasts. These reports can be exported to PDF, Excel or other formats for further analysis or sharing. This has significantly improved our financial planning and reporting processes. NetSuite's automated data entry and integration capabilities are also notable. As a user, I can import data from various sources, such as bank sources, credit card statements, tax authorities or external providers. Plus, NetSuite can be integrated with other tools we use, like Salesforce, Shopify, or Gmail, to streamline workflows and data sharing. This has significantly reduced manual data entry errors and improved data accuracy. As a complete ERP suite, NetSuite covers all the functional areas we need to run our business. We no longer have to switch between different systems or software for different tasks or departments. Everything is in one place and accessible from any device or browser. This has greatly improved the efficiency of our business and reduced the time it takes to complete various tasks. NetSuite's robust features and capabilities have significantly improved our accounting and compliance processes. The platform supports multiple currencies, languages, tax rules, and accounting standards, which has allowed us to conduct business globally with ease. In addition, NetSuite provides audit trails, role-based permissions, and encryption to ensure data security and accuracy. It is versatile and customizable, allowing users to tailor the platform to their specific trading needs and preferences. Users can choose from a variety of modules, create their own user interfaces, integrate with other applications, and generate custom reports and dashboards. It is scalable and flexible, allowing users to add more users and modules as their business grows and changes. Users can also access NetSuite from any device and browser as it is hosted in the cloud. It has strong functionality and features, covering various aspects of business operations and processes. Users can benefit from automation, workflow management, analytics, performance management, revenue management, demand planning, manufacturing, fixed asset management, contract renewal, and more. NetSuite. One of the best applications for managing and tracking inventory details. Easy to store all the financial information for an asset need. Superbly designed and easy to navigate. love it. Cons Initial implementation can be complex and require significant time, in addition to the need for staff training. Deploying NetSuite can take time, and your organization may experience temporary interruptions during the transition. Proper planning and support are essential for a smooth migration process. NetSuite, while an impressive platform, has its fair share of downsides. One of the most notable drawbacks to using NetSuite is its cost. As a user I have to pay an annual license fee which depends on the number of users and modules I choose. Additionally, there is a one-time implementation fee that covers the installation and configuration of the software. This can make NetSuite an expensive option for small businesses or startups. Also, it requires specialized skills and knowledge to be able to use it effectively and customize it to my needs, which can add to the cost. Another downside to NetSuite is that it can be overwhelming and confusing for first-time users. The platform has many features and options that can be difficult to navigate or understand. This can make it difficult to use and learn, especially for non-tech-savvy users. Also, it has some quirks and limitations that can be frustrating or inconvenient. For example, some fields or reports cannot be drilled down or filtered as I would like, while some processes or transactions require multiple steps or clicks to complete. Some features are also not available or supported by certain browsers or devices. Also, another thing I can't get over is that NetSuite can be slow or unreliable at times. The system can lag or hang when processing large amounts of data or running complex reports. You may also experience downtime or errors due to maintenance or updates. This can significantly affect my productivity and performance, especially when I need to access critical information or data. It becomes expensive and may not be affordable for small businesses or startups. Users must pay an annual license fee based on the number of users and modules they need, as well as a one-time implementation fee. Users may also incur additional costs for customization, integration, training, and support. It is difficult to use and navigate, especially for beginners or non-technical users. Users may find NetSuite overwhelming, complex or confusing at times. Users may also encounter issues with speed, performance, or bugs. It has limited native functionality for some areas or industries, such as transportation or government accounting. Users may need to rely on third-party solutions or customizations to meet their specific needs or requirements. Nothing as of now. I am happy with the service.
Training Documentation Supported Webinars Supported Live Online Supported In Person Supported	Training Documentation Supported Webinars Not Supported Live Online Supported In Person Not Supported
Company Information Oracle Founded: 1977 United States www.netsuite.com	Company Information Statement United States www.statement.io
Alternatives Pipedrive	Alternatives Centime
Sage Intacct	Kolleno
Xero	Payference
Acumatica Cloud ERP Acumatica	Sage Intacct
Oracle Fusion Cloud ERP Oracle View All	HighRadius View All
Categories 3PL Supported Accounting Supported Accounts Payable Supported Accounts Receivable Supported AI ERP Supported AI-Powered Supply Chain Management Supported AR Automation Supported Automotive ERP Supported B2B Payment Supported Billing and Invoicing Supported Building Materials Supported Business Management Supported Capacity Planning Supported CRM Supported Discrete ERP Supported Distribution Accounting Supported Distribution ERP Supported Electronics Manufacturing Supported ERP Supported Financial Consolidation Supported Financial Management Supported Financial Reporting Supported Franchise Management Supported Fund Accounting Supported General Ledger Supported Healthcare ERP Supported Human Resources Supported Inventory Management Supported IT Project Management Supported Manufacturing ERP Supported Manufacturing Execution Supported Manufacturing Inventory Management Supported Medical Accounting Supported Multi-Entity Accounting Supported Order Management Supported Order-to-Cash Supported Project Accounting Supported Project Management Supported Project-Based ERP Supported Restaurant Accounting Supported Retail ERP Supported Retail Management Supported Revenue Recognition Supported Shipping Supported Supply Chain Management Supported Trucking Accounting Supported Warehouse Management Supported	Categories Accounts Receivable Supported AR Automation Supported Financial Management Supported
Accounts Receivable Features ACH Payment Processing Supported Billing & Invoicing Supported Check Processing Supported Collections Management Supported Online Payment Processing Supported Overpayment Processing Supported Partial Payments Supported Receivables Ledger Supported Recurring Billing Supported Financial Management Features Budgeting & Forecasting Supported Cash Management Supported Consolidation / Roll-Up Supported Currency Management Supported Financial Reporting Supported Investment Management Supported Project Management Supported Revenue Recognition Supported Risk Management Supported Tax Management Supported Show More Features Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Not Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Supported Fund Accounting Not Supported General Ledger Supported Government Not Supported Multi-Currency Supported Nonprofits Supported Payroll Management Not Supported Project Accounting Supported Purchase Orders Supported Tax Management Supported Accounts Payable Features Approval Process Control Supported Bank Reconciliation Supported Cash Management Supported Check Writing Supported Duplicate Payment Alert Supported Fraud Detection Supported General Ledger Entry Supported Vendor Management Supported Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Supported Customer Portal Supported Customizable Invoices Supported Dunning Management Supported Hourly Billing Supported Invoice History Supported Mobile Payments Supported Multi-Currency Supported Online Invoicing Supported Online Payments Supported Payment Processing Supported Project Billing Supported Recurring/Subscription Billing Supported Service Ticket Billing Supported Tax Calculator Supported Business Management Features Billing & Invoicing Supported CRM Supported Employee Management Not Supported Financial Management Supported Inventory Management Supported Marketing Management Supported Order Management Not Supported Point of Sale (POS) Supported Project Management Not Supported Purchasing Supported Scheduling Not Supported Time & Expense Tracking Supported Training Management Not Supported Vendor Management Supported ERP Features Accounting Integration Supported Accounting Management Supported CRM Supported Dashboard Supported Distribution Management Supported Enterprise Asset Management Not Supported Financial Management Supported HR Management Not Supported Inventory Management Supported Order Management Supported Project Management Not Supported Purchase Order Management Supported Purchasing Supported Reporting/Analytics Supported Sales Management Supported Supply Chain Management Supported Warehouse Management Supported Financial Reporting Features "What If" Scenarios Supported Audit Trail Supported Balance Sheet Supported Cash Management Supported Consolidation / Roll-Up Supported Forecasting Supported General Ledger Supported Income Statements Supported Multi-Company Supported Multi-Department / Project Supported Profit / Loss Statement Supported Franchise Management Features Appointment Scheduling Not Supported Automatic Re-ordering Supported Commission Management Supported Construction Tracker Not Supported Contract Management & Signature Not Supported CRM Not Supported Franchise Intranet Not Supported Job Scheduling Supported LMS / Training Not Supported Marketing Not Supported Onboarding Not Supported Online Store Supported Reputation Management Not Supported Website Manager Supported Fund Accounting Features Accounts Payable Supported Accounts Receivable Supported Activity Tracking Supported Asset Management Supported Bank Reconciliation Supported Budgeting & Forecasting Supported Compliance Management Supported Donor Management Supported General Ledger Supported Partnership Accounting Supported Purchasing & Receiving Supported Human Resources Features 360 Degree Feedback Supported Applicant Tracking Supported Attendance Management Supported Benefits Management Supported Career Development Planning Supported Compensation Management Supported Compliance Management Supported Employee Database Supported Employee Lifecycle Management Supported Onboarding Supported Payroll Management Supported Performance Management Supported Recruiting Management Supported Self Service Portal Supported Succession Planning Supported Time & Attendance Management Supported Time Off Management Supported Timesheets Supported Training Management Supported IT Project Management Features Bug Tracking Supported Issue Management Supported Milestone Tracking Supported Percent-Complete Tracking Supported Portfolio Management Supported Prioritization Supported Product Roadmapping Supported Requirements Management Supported Resource Management Supported Status Tracking Supported Supports Agile Supported Supports Scrum Supported Task Management Supported Testing / QA Management Supported Time & Expense Tracking Supported Inventory Management Features Alerts/Notifications Supported Barcoding / RFID Supported Forecasting Supported Inventory Optimization Supported Kitting Supported Manufacturing Inventory Management Supported Mobile Access Supported Multi-Channel Management Supported Product Identification Supported Reorder Management Supported Reporting/Analytics Supported Retail Inventory Management Supported Supplier Management Supported Warehouse Management Supported Order Management Features Back Order Management Supported Catalog Management Supported Inventory Management Supported Order Entry Supported Order Fulfillment Supported Order Tracking Supported Recurring Orders Supported Returns Management Supported Shipping Management Supported Special Order Management Supported Project Management Features Agile Methodologies Supported Budget Management Supported Client Portal Supported Collaboration Tools Supported Cost-to-Completion Tracking Supported Customizable Templates Supported Gantt Charts Supported Idea Management Supported Kanban Board Supported Milestone Tracking Not Supported Portfolio Management Supported Resource Management Supported Time & Expense Tracking Supported Traditional Methodologies Supported Retail Management Features Commission Management Supported CRM Supported eCommerce Supported Email Marketing Supported Employee Management Supported Loyalty Program Supported Mail Order Supported Merchandise Management Supported Multi-Location Supported Order Management Supported Purchase Order Management Supported Reporting/Analytics Supported Returns Management Supported Shipping Features Air Shipping Not Supported Bills of Lading Supported Container Shipping Supported Freight Shipping Supported Ground Shipping Supported Import / Export Not Supported Ocean Shipping Supported Parcel Shipping Not Supported Quotes / Estimates Supported Shipment Tracking Supported Warehouse Management Supported Supply Chain Management Features Demand Planning Supported Electronic Data Interchange Supported Import / Export Management Supported Inventory Management Supported Order Fulfillment Supported Order Management Supported Sales & Operations Planning Supported Shipping Management Supported Supplier Management Supported Transportation Management Supported Warehouse Management Supported Warehouse Management Features 3PL Management Supported Barcoding / RFID Supported Category Customization Supported Channel Management Supported Demand Planning Supported Inventory Management Supported Location Control Supported Order Management Supported Purchasing Supported Quality Control Supported Receiving / Putaway Management Supported Returns Management Supported Shipping Management Supported
Integrations ChannelEngine Supported ControlHub Supported DailyEdition Supported Domo Supported FYIsoft Supported Fetchify Supported Fruition RevOps Supported KeyPay Supported Luca Supported Modern Treasury Supported Proactis Supported Quiq Supported Ramp Supported Regate Supported Runway Supported Saras Daton Supported ShipJunction Supported Smart Demand Planner Supported Stackpack Supported WFX Virtual Showroom Supported Show More Integrations View All 1162 Integrations	Integrations ChannelEngine Not Supported ControlHub Not Supported DailyEdition Not Supported Domo Not Supported FYIsoft Not Supported Fetchify Not Supported Fruition RevOps Not Supported KeyPay Not Supported Luca Not Supported Modern Treasury Not Supported Proactis Not Supported Quiq Not Supported Ramp Not Supported Regate Not Supported Runway Not Supported Saras Daton Not Supported ShipJunction Not Supported Smart Demand Planner Not Supported Stackpack Not Supported WFX Virtual Showroom Not Supported Show More Integrations View All 1 Integration
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