myfactory vs NetSuite

myfactory

Strengths

• +Intuitive interface and fast workflows for creating and updating plans, reducing learning time
• +Quick data entry and revision updates, saving significant time in daily operations
• +Responsive and helpful customer support with fast response times, often within hours
• +Fast and smooth onboarding process with clear communication during implementation
• +Reliable performance and uptime, with no reported issues during evaluation
• +Robust mobile access and audit trails for compliance requirements
• +Modular and customizable platform with standardized solutions that work in practice
• +Quick and easy access to raw data downloads in most modules

Limitations

• −Initial setup and advanced features require training, with a slight learning curve
• −Reporting and analytics are limited, with weak custom reporting options and complex configuration
• −Pricing can be high for small manufacturers, with costs rising at renewal and additional fees for integrations

NetSuite

Strengths

• +Highly scalable for growing businesses
• +Comprehensive suite of integrated business applications
• +Strong compliance and security features
• +Global multi-subsidiary support

Limitations

• −Complex implementation and steep learning curve
• −High cost, especially for small businesses
• −Customization can be resource-intensive
• −Limited transparency in pricing

myfactory

• ERP (Trade & Services) €114 per user / monthSales, procurement, and warehouse management · Financial accounting and reporting · 30-day free trial, no credit card required
• ERP + E-Commerce €139 per user / monthIncludes fully integrated webshop system · Multi-channel sales (Amazon, eBay) · All ERP features for trade and services
• ERP + Production Planning (PPS) €209 per user / monthProduction planning and scheduling · Batch and serial number traceability · All ERP features for trade and services
• CRM | Team.ON! €59 per user / monthComplete sales funnel and customer management · Interactive geo-reports and campaign management
• Service | Service.ON! €59 per user / monthService management with tablet solution · Repair order and service ticket handling
• Myfactory.POS €49 per terminal / monthCloud-based point of sale system · Integrated with ERP and inventory
• HRM €39 per user / monthPersonnel management and administration · Time tracking and absence management

Prices exclude VAT. Volume discounts of 10–25% available for 10+ users.

NetSuite

No published pricing we could verify.

Pricing is available on request and varies based on business needs and modules selected.

myfactory

Business Management

Unified email, tasks, calendar, and contacts, Project and resource management, Mobile app for all modules, Mobile inventory booking

CRM

Complete sales funnel in one system, Interactive geo-reports, Follow-up assistant, Newsletters and bulk emails

ERP (Trade & Services)

Sales and procurement in one system, Smart report templates for document printing, Deposit and final invoicing, Warehouse and storage location management

Finance & Accounting

Full financial accounting including balance sheets and VAT returns, Automated recurring bookings, Bank statement import and booking suggestions, Cost accounting, asset management, liquidity planning

E-Commerce & Portals

Fully integrated webshop system, Customer, offer, appointment, and sales rep portals, Shop templates and ERP live data in the shop, Multi-channel integration (Amazon, eBay)

NetSuite

Financial Management

General ledger, Accounts payable and receivable, Fixed asset management, Revenue recognition

Supply Chain and Inventory

Inventory management, Order management, Procurement, Demand planning

Customer Relationship Management (CRM)

Sales force automation, Customer support, Marketing automation, Lead management

Reporting and Analytics

Customizable dashboards, Real-time reporting, Financial analytics, KPI tracking

Compliance and Security

GDPR compliance, Role-based access control, Audit trails, Data encryption