Oracle NetSuite is an enterprise resource planning (ERP) solution that has been recognized as one of the leading cloud-based ERP software in the market. It offers a comprehensive suite of features to manage financials, inventory, supply chain, and other business operations. However, with the emergence of new cloud-based ERP solutions and the constant evolution of the industry, there are several alternatives and competitors to Oracle NetSuite that offer similar or enhanced features. In this article, we will explore the 10 best Oracle NetSuite alternatives and competitors in 2024, based on their functionalities, user reviews, reputation, and overall market impact.

1. SAP Business ByDesign

SAP Business ByDesign is a cloud-based ERP software that offers a comprehensive suite of features for managing financials, human resources, supply chain, and customer relationships. It provides real-time analytics and reporting, allowing businesses to make informed decisions. SAP Business ByDesign also offers customizable workflows and integrations with other SAP products, making it a robust alternative to Oracle NetSuite.

2. Microsoft Dynamics 365

Microsoft Dynamics 365 is a cloud-based ERP solution that offers a range of features for managing financials, supply chain, human resources, and customer relationships. It provides personalized dashboards and role-based access, allowing users to access relevant information quickly. Microsoft Dynamics 365 also offers integration with other Microsoft products, such as Office 365 and Power BI, making it a versatile alternative to Oracle NetSuite.

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3. Acumatica

Acumatica is a cloud-based ERP software that offers a comprehensive suite of features for managing financials, distribution, manufacturing, and project management. It provides real-time dashboards and reporting, enabling businesses to make informed decisions. Acumatica also offers customizable workflows and integrations with third-party services, making it a strong competitor to Oracle NetSuite.

4. Sage Intacct

Sage Intacct is a cloud-based ERP software that offers a range of features for managing financials, supply chain, and project management. It provides real-time analytics and dashboards, allowing businesses to monitor performance and identify opportunities for improvement. Sage Intacct also offers integration with other Sage products, such as Sage 50cloud and Sage X3, making it a suitable alternative to Oracle NetSuite for Sage users.

5. Infor CloudSuite Financials

Infor CloudSuite Financials is a cloud-based ERP software that offers a comprehensive suite of features for managing financials, supply chain, and human resources. It provides real-time analytics and dashboards, enabling businesses to monitor performance and identify opportunities for improvement. Infor CloudSuite Financials also offers customization options and integrations with other Infor products, such as Infor LN and Infor M3, making it a robust alternative to Oracle NetSuite.

6. Workday Financial Management

Workday Financial Management is a cloud-based ERP software that offers a range of features for managing financials, procurement, and expenses. It provides real-time analytics and reporting, allowing businesses to make informed decisions. Workday Financial Management also offers integration with other Workday products, such as Workday HCM and Workday Adaptive Planning, making it a versatile alternative to Oracle NetSuite.

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7. Epicor ERP

Epicor ERP is a cloud-based or on-premises ERP software that offers a comprehensive suite of features for managing financials, supply chain, and manufacturing. It provides real-time analytics and dashboards, enabling businesses to monitor performance and identify opportunities for improvement. Epicor ERP also offers customization options and integrations with other Epicor products, such as Epicor MES and Epicor Kinetic, making it a strong competitor to Oracle NetSuite.

8. Unit4 ERP

Unit4 ERP is a cloud-based ERP software that offers a range of features for managing financials, procurement, and project management. It provides real-time analytics and reporting, allowing businesses to make informed decisions. Unit4 ERP also offers customization options and integrations with other Unit4 products, such as Unit4 PSA and Unit4 Financial Planning & Analysis, making it a suitable alternative to Oracle NetSuite.

9. Plex Systems

Plex Systems is a cloud-based ERP software that offers a comprehensive suite of features for managing financials, supply chain, and manufacturing. It provides real-time analytics and dashboards, enabling businesses to monitor performance and identify opportunities for improvement. Plex Systems also offers customization options and integrations with third-party services, making it a unique alternative to Oracle NetSuite.

10. Syspro

Syspro is a cloud-based or on-premises ERP software that offers a range of features for managing financials, supply chain, and manufacturing. It provides real-time analytics and dashboards, allowing businesses to monitor performance and identify opportunities for improvement. Syspro also offers customization options and integrations with third-party services, making it a versatile alternative to Oracle NetSuite.

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In conclusion, while Oracle NetSuite has been a leading cloud-based ERP solution, there are several alternatives and competitors that offer similar or enhanced features. Whether it's SAP Business ByDesign's extensive customization options, Microsoft Dynamics 365's integrations with other Microsoft products, or Acumatica's customizable workflows, businesses have a wide range of options to choose from based on their preferences and needs. When considering an Oracle NetSuite alternative in 2024, factors such as scalability, customization options, and integration capabilities should be taken into account to find the best fit for managing financials, supply chain, and other business operations effectively.