What are Application Managed Services?
Earlier, there were many missing pieces of functionality in Oracle ERP Cloud, especially in supply chain and manufacturing. Over time, they have strengthened their product roadmap and made improvements to some key features and functionality. It offers robust financials, EPM, and supply chain functionality but can further improve manufacturing functionality.
NetSuite originated as a SaaS solution and has been a cloud-native suite of applications for more than 20 years. Therefore, it offers a technically and functionally more mature cloud ERP system superior to Oracle ERP Cloud solutions, especially for small and midsize businesses.
Both Oracle ERP Cloud and NetSuite can handle large volumes of transactions and quickly scale up or down because they are cloud-based. But NetSuite has a slight edge over Oracle ERP Cloud solutions as it offers greater standardization and can operate in a multi-tenant cloud environment.
Oracle customers are yet to jump on to the Oracle ERP Cloud bandwagon fully and are still content using legacy Oracle EBS and JDEdwards. However, it has the edge over NetSuite among Fortune 1000 companies and larger organizations.
NetSuite has a better customer adoption rate, especially among SMB customers, as its cloud-native platform is better suited for the needs of small and midsize businesses.
Oracle ERP Cloud vs. NetSuite
These products offer robust functionality, but they have their strengths and weaknesses. Every organization is different and has diverging priorities so that Oracle ERP Cloud solutions ERP Implementation could be a better fit for one customer. Netsuite could be a better fit for another. You can make the right choice by embarking on a comprehensive and objective ERP selection process that considers your objectives, strategy, and business model.
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