Salesforce Vs NetSuite – What’s There To Know About Both Platforms?

May 22, 2023

Have you ever wished you had a magic potion that could help your business succeed? Well, there’s no need to look any further – because the solution is CRMs! CRMs are revolutionizing how businesses operate and helping them to achieve their goals. If you’re not using a CRM yet, you’re missing out on all its benefits. 

Salesforce and NetSuite are two of the most popular CRMs on the market. But there is a big difference between these two options, and it can be hard to decide which one is right for your business. 

In this blog post, we'll compare NetSuite vs Salesforce and look at some alternatives to these two CRMs. By the end, you'll know which option is best for your company as we compare NetSuite vs Salesforce here.

What is a CRM System?

A CRM, or customer relationship management system, is a software application designed to help businesses manage their customer data. By gathering information from multiple sources and organizing it in a central database, a CRM provides businesses with a 360-degree view of each customer. This allows companies to track customer interactions, identify opportunities, and build long-term relationships. 

A CRM can differentiate between winning and losing customers in today's competitive marketplace. A CRM can help businesses increase sales, improve customer satisfaction, and drive growth when used effectively.

An Overview of NetSuite

NetSuite is a leading cloud-based business software suite that offers a complete set of applications to help businesses grow, scale, and streamline their operations. The suite includes financials, CRM, eCommerce, inventory management, and more. 

Companies using NetSuite can save time and money by managing all their business processes in one system. In addition, NetSuite provides real-time visibility into business performance, so businesses can make informed decisions and take actions to improve their bottom line. 

NetSuite is easy to use and offers a variety of customization options to fit the unique needs of any business. And because it runs in the cloud, companies using NetSuite can access their data anytime. 

However, because NetSuite is so feature-rich, many users find themselves relying on manual workarounds to complete processes that could be automated. This can lead to inaccurate answers and inefficiency overall. That's why working with a NetSuite solution provider and consulting platform like Dragonfly Consulting is so important. 

At Dragonfly Consulting, we'll make sure your NetSuite implementation is carried out flawlessly from start to finish. We also offer guidance and support from our team of expert CPAs and CMAs, so you can be confident you're getting the most out of your NetSuite investment. 

An Overview of Salesforce

Founded in 1999, Salesforce is a cloud-based CRM platform. It enables sales reps to track and manage their interactions with customers. Similar to NetSuite, Salesforce enables mobile access to its users.

In addition, Salesforce provides a robust app development platform that enables businesses to create custom applications. With its easy-to-use interface and powerful features, Salesforce has become the leading CRM platform for businesses of all sizes.

Is salesforce an ERP? This is a question that often comes up in discussions about enterprise software. Salesforce is a powerful CRM tool, but it doesn't have all the functionality of a traditional ERP system. 

So, what exactly is an ERP? An ERP, or Enterprise Resource Planning, is a software solution that helps businesses manage their core operations, including finance, accounting, inventory, order management, and HR. Salesforce does include some of these features, but it's not a comprehensive ERP solution. 

NetSuite vs SalesForce: Differences and Alternatives

The right choice between Salesforce vs NetSuite for your enterprise business depends on your specific needs, industry requirements, customization, flexibility needs, and budget considerations. 

Carefully evaluating these factors will help you make an informed decision that aligns with your business objectives.

That being said when it comes to any aspect of Salesforce Vs NetSuite, one cannot say that either of the software is the ultimate tool to lean on. 

Salesforce Vs Netsuite is both popular cloud-based business software solutions, but they serve different purposes and offer distinct features. 

Salesforce Comparison In Terms of Functionality

When making a Salesforce comparison to any platform, it is primarily known for its customer relationship management (CRM) capabilities, with a focus on sales, marketing, and customer service

It offers features such as lead and opportunity management, marketing automation, and customer support tools. 

Similarly, when it comes to the former between Salesforce Vs Netsuite platform, it is a comprehensive enterprise resource planning (ERP) solution that includes features for financial management, inventory management, supply chain management, e-commerce, and more. 

NetSuite Vs Salesforce comparison also reveals that NetSuite offers a broader range of functionalities beyond CRM, making it a more comprehensive solution for managing various aspects of enterprise business.

Industry-Specific Solutions

In terms of NetSuite CRM vs Salesforce CRM, the former offers industry-specific solutions for a wide range of industries, including manufacturing, wholesale distribution, retail, services, and more. 

These industry editions come with pre-configured features and workflows tailored to specific industries, which can provide advantages for enterprise businesses in those sectors. 

Salesforce, on the other hand, offers industry-specific solutions primarily through its AppExchange marketplace, which requires additional customization and integration efforts.

Customization and Flexibility Advantages Among NetSuite CRM Vs Salesforce CRM

Moving on with NetSuite vs Salesforce analysis, Salesforce is known for its robust customization capabilities, allowing businesses to create custom objects, fields, workflows, and reports to suit their unique needs. 

Salesforce also has a large ecosystem of third-party apps and integrations available on the AppExchange marketplace, providing additional flexibility

Meanwhile, in NetSuite CRM vs Salesforce CRM comparison, while the emphasis is on the former, it offers customization options, but it may require more technical expertise compared to Salesforce. 

However, NetSuite's suite of integrated modules may offer more out-of-the-box functionalities for certain business processes, reducing the need for extensive customization efforts.

Financial Management Aspects of NetSuite Vs Salesforce

NetSuite has comprehensive financial management capabilities, including general ledger, accounts payable, accounts receivable, financial reporting, and more. 

It offers advanced financial features such as multi-currency management, revenue recognition, and financial planning and budgeting. 

While Salesforce offers basic financial management features, it may not be as robust and comprehensive as NetSuite in terms of financial functionalities.

Integration and Automation – Salesforce Comparison Against NetSuite 

Both Salesforce and NetSuite offer integration capabilities, but NetSuite is known for its strong integration capabilities with various third-party systems, including CRM, e-commerce, payment gateways, and more. 

NetSuite vs Salesforce also offers robust automation features for business processes, such as workflow automation, business process management, and advanced scripting capabilities. 

The latter of the two platforms also offers automation capabilities, but NetSuite may provide more advanced options for complex business processes.

All in all, Salesforce and NetSuite are both powerful cloud-based business software solutions, but they serve different purposes and offer distinct features. 

Salesforce is primarily focused on CRM capabilities, while NetSuite is a comprehensive ERP solution with broader functionalities. 

Depending on your business requirements, feel free to make peace with one solution and improvise for continuous process efficiency

Regarding business software, two big names always come to mind: NetSuite and Salesforce. Both platforms offer a variety of tools to help businesses streamline their operations, but there are some critical differences between them. Let’s take a look at the NetSuite vs Salesforce and discuss some of the alternatives.

The Major Differences

Both platforms offer a variety of tools to help businesses streamline their operations, but there are some critical differences between them. NetSuite vs Salesforce, which one is the best? Let’s look at the differences between the features of each. 

1. Accessibility

For starters, NetSuite is an entirely cloud-based platform, while Salesforce offers both cloud-based and on-premise options. This means that NetSuite is more accessible from anywhere with an internet connection, while Salesforce requires a physical installation.

2. Features

NetSuite offers a more comprehensive suite of features, including accounting, CRM, and lead management tools. Salesforce, on the other hand, specializes in team collaboration, artificial intelligence, and sales performance management.

NetSuite also offers built-in features for web forms and landing pages that aren’t present on Salesforce.

3. Marketing Capabilities

NetSuite marketing automation software is an essential tool for businesses of all sizes. NetSuite marketing automation software includes lead management, email marketing, campaign management, and social media integration, whereas such features are offered individually with the Salesforce Marketing Cloud.

4. Partner Management

NetSuite's focus on partner-friendly marketing processes gives it a clear edge over Salesforce regarding channel marketing. 

NetSuite's real-time insights, lead tracking, and conversion rates allow partners to track their progress and optimize their strategies on the fly. 

Whereas Salesforce offers the ability to create customized channel programs and cross-channel experiences, giving partners the flexibility to design programs that meet their unique needs. 

Reviews

NetSuite and Salesforce are two of the most popular ecommerce platforms on the market. To help you make a decision, here are some NetSuite and Salesforce ecommerce reviews from real users. 

NetSuite ecommerce reviews are overwhelmingly positive, with users praising its ease of use, flexibility, and scalability. NetSuite user Jeffery S. praises the platform for its "powerful functionality" and "great customer support." Meanwhile, Salesforce user Jennifer W. says the platform is "easy to use" and "has all the features we need." 

You must consider your specific needs and requirements when deciding between NetSuite and Salesforce. But based on these Salesforce and NetSuite ecommerce reviews, both platforms seem to offer many advantages for businesses of all sizes.

Pricing

NetSuite and Salesforce Alternatives

Although NetSuite and Salesforce have several advantages over regular CRMs, here’s a list of alternatives present in the market.

  1. Sage Intacct
  2. Acumatica
  3. SAP ERP

The Clear Winner

For starters, NetSuite offers more robust features than Salesforce, including advanced accounting and inventory management tools. And although Salesforce's pricing may be lower initially, it quickly becomes more expensive as your company grows and your needs expand. With its all-in-one pricing model, NetSuite provides a more cost-effective solution for businesses of all sizes. 

In short, when it comes to the NetSuite vs Salesforce debate, there's no contest: NetSuite is the clear winner but do you really know how to maximize its potential? If not, Dragonfly Consulting is here to help. With Dragonfly Consulting, you can take the back seat and reap the maximum benefits of NetSuite.

Why Do Businesses Fail to Leverage NetSuite?

NetSuite is a powerful tool that can help businesses streamline their operations and improve their bottom line. However, many businesses fail to take full advantage of NetSuite's capabilities because they either don't know how to implement the software properly or are unaware of its full potential. 

By properly leveraging NetSuite's features, businesses can enjoy significant benefits such as improved efficiencies, lower costs, and better decision-making.

Dragonfly Turning the Tables for NetSuite Users

If you're a NetSuite user, you know that the software has great potential. But you may feel like you're unable to leverage its full potential. That's where Dragonfly Consulting comes in. 

We specialize in NetSuite implementations and consulting, and we can help your business get the most out of the software. We'll work with you to understand your business processes and needs, then tailor a NetSuite solution that meets those needs. 

How Does Dragonfly Work?

At Dragonfly Consulting, we pride ourselves on our ability to provide customized solutions that meet each client's unique needs.

  1. Initial Assessment: We begin by conducting a thorough business analysis to understand your company's strengths and weaknesses. 
  1. Documentation: We then document your current and future processes to create a roadmap for success. 
  1. Implementation: Next, we integrate the required technologies into your existing system, ensuring a seamless transition. 
  1. Employee Training and Support: We conduct employee training and provide ongoing support to ensure your team can hit the ground running. 

Dragonfly Consulting Services

  1. We provide NetSuite implementation services that help businesses get the most out of this powerful business software.
  1. Are you looking for reliable and expert NetSuite support services? Look no further than Dragonfly Consulting. Our team of CPAs/CMAs is all set to resolve all your financial and accounting queries. 
  1. Has your NetSuite project hit a snag? Is it behind schedule and over budget? Don't despair - help is on the way! At Dragonfly Consulting, we specialize in NetSuite project recovery. We'll get to the bottom of what's gone wrong and put your project back on track.

With our proven methodology, we are confident that we can exceed your expectations and help you take your business to the next level. Contact us today to learn more about how we can help you get the most out of NetSuite.

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