The sheer number of ERP software solutions out there can make even the most seasoned IT and business software professionals’ head spin. Between the established ERP software players and the new guys touting the latest and greatest in technology, the task of choosing the right ERP software for your company is harder than ever.
ERP systems are NOT one size fits all.
What works perfectly for one company may not fit for you, your industry, or your workflow processes. So to help break it all down for you, here’s how Sage X3 vs NetSuite – two of the most popular ERP solutions on the market today – stack up.
Note: Because features, functions, and technology are constantly changing, we recommend full diligence that matches your business requirements with the software capabilities to select the best solution.
Deployment and Installation
While NetSuite prides itself on being a purely cloud-based ERP solution, Sage ERP X3 can actually run both on-premises or in the cloud (as a hosted solution).
Sage X3 is a native web-based application. So whether you decide to run Sage X3 on-premises or “in the cloud” you can expect it to look and work the same way no matter where you are (in the office or away), what device you use (laptop, mobile phone, tablet, etc), or which web browser you prefer (Internet Explorer, Google Chrome, Firefox, Safari, etc.).
Flexibility, Customization and Ownership
With Sage X3, you own your ERP software – which gives you full control and ownership over the ERP data as well as the ability to customize the software to fit your unique workflow processes or to integrate with external business applications.
With SaaS (software-as-a-service) solutions such as NetSuite, you are simply “renting” the right to use the software which means customizations could be out of the question. So if NetSuite does everything you need out-of-the-box, it’s not an issue.
Also be sure to consider compatibility and availability of integrated add-ons which may present a potential limitation that should be explored during the evaluation process. If add-on software or integration is important for you, Sage X3 may offer greater flexibility.
Sage ERP X3 can manage multiple charts of accounts with a single software license, while NetSuite supports only one chart of accounts shared across countries.
Sage ERP X3 also offers tools to manage global inventory and deliver views on customers, sales, purchasing and manufacturing across global subsidiaries, sites and warehouses – in some cases, additional plugins required to accomplish similar functionality in NetSuite.
Both products offer built-in support for multiple languages and currencies.
Cost Comparison: Rent or Buy
Sage ERP X3 can offer significant savings vs. NetSuite on perpetual or subscription licensing depending on the timeline. With either product, there are a lot of variables to consider when calculating your total investment.
Considering ROI (Return on Investment), it’s common for Subscription (rental) models to be the cheaper initial investment in Year 1. But over time, and typically between Year 2 & Year 3, ROI favors the ownership/purchase model over rental in many cases.
For purposes of comparison only, here’s an example of pricing* for a 10-User system:
NetSuite Cost for 10 users – including base financials, inventory and light manufacturing options – $53,000+ a year (subscription pricing only)
Sage X3 Cost for 10 users – including but not limited to, financials, inventory and full manufacturing – around $45,000 (perpetual license) or $26,640 a year (subscription pricing)
*Note: cost calculations performed based on information available as of March 2013. Please check with a Sage or NetSuite authorized partner for a quote or current pricing.
OTHER HELPFUL RESOURCES
Who’s the Winner?
You decide! Contact us for an ERP software consultation or to see a demo and you can decide which product delivers the knock out blow for your company.