What is the difference between NetSuite and Oracle?

Generally speaking, Oracle ERP Cloud provides a great deal of flexibility, while NetSuite is less flexible due to its SaaS cloud model, which limits the amount you can change the software to fit your needs. NetSuite’s strength, on the other hand, is to drive common and repeatable business processes via its SaaS model.

Does NetSuite run on Oracle?

NetSuite runs natively on Oracle Cloud Infrastructure.

What are the disadvantages of NetSuite ERP?

Cons of Netsuite

• Customizations Require Proper Maintenance and Constant Support. The customization process is highly sophisticated.
• Subscription cost.
• Additional Payments for Advanced Modules and SuiteApps.

Is NetSuite part of Oracle?

In 2016, Oracle officially acquired NetSuite, with the companies merging its combined resources to serve small to midsize businesses and global enterprises effectively. Today, NetSuite provides its software to more than 21,000 companies and organizations in over 200 countries and territories.

Is NetSuite secure?

NetSuite comes with 256-bit encryption — which is the same level of encryption online banks use! — for every activity from logging in to accessing data. This means all of the data passed through NetSuite is as secure as an online bank transaction.

What database does NetSuite run on?

Although NetSuite has always been built on Oracle’s database, it has only been using the database for physical storage. (Salesforce takes a similar approach.) NetSuite built all of its administration and provisioning tools, including multitenant management, on top of the database.

What is the purpose of NetSuite?

Companies use NetSuite for enterprise resource planning (ERP) and to manage inventory, track their financials, host e-commerce stores and maintain customer relationship management (CRM) systems. This flexible platform can be applied to a range of business applications.

What is NetSuite good for?

NetSuite is a cloud-based Enterprise Resource Planning (ERP) software. In a nutshell, ERP software integrates departmental functions and processes such as finance, planning, purchasing, invoicing, sales, marketing, inventory, human resources and much more to form as a central nervous system for your business.