Looking for inventory management software? Here's how NetSuite and Dear Inventory stack up.
Mark Hammersley
Last updated 11o July 2020
3.7 Stackupp rating
Pricing from
$ 999.00 / month
Free Plan?
No
Best for
medium-sized and large businesses. medium-sized and large businesses. NetSuite is a popular ERP (Enterprise Resource Planning) solution that comes with a package of inventory management features.3.8 Stackupp rating
Pricing from
$ 199.00 / month
Free Plan?
Yes
Best for
medium-sized retailers with upwards of five employees. If you’re looking for inventory management software that’s more powerful than a small-business app but not as complex as a fully-fledged enterprise platform, then Dear Inventory could be ideal for you.Can't decide between NetSuite and Dear Inventory?
Find the best platform for you with our side by side comparison of NetSuite and Dear Inventory. See how each platform stacks up across ease of use, features, integrations, support and value for money.
Let the comparison begin. Don't worry, we'll guide you.
NetSuite is best-known for its customizable ERP (enterprise resource planning) solution. NetSuite offers an array of features, encompassing ecommerce store-fronts, email marketing, customer relationship management, and more. A suite of financial planning, accounting, and inventory management tools form the backbone of the app, and various extras modules can be added to this. NetSuite operates a custom pricing model and the software is highly configurable, so you’ll have a great deal of freedom in tailoring it for your needs.
Overall, we felt that NetSuite was more geared towards larger retailers. That said, smaller companies will find a lot to like. If you’re looking for a comprehensive solution to run an array of tasks in addition to inventory management, then it’s a good option.
you are a smaller business owner in the same camp, you should also consider NetSuite. Pricing isn’t published on the site, and the software is customized to each user, so you’ll have to get in touch to discuss your needs.
Dear Inventory - which brands itself as an ERP or “enterprise resource planning” solution - is a popular inventory management app that caters largely to a client base of medium-sized companies. As far as enterprise solutions go, we found Dear Inventory to be one of the more competitively-priced options on the market.
Retailers have access to everything they’d expect, including inventory, reorder, and delivery tools, third-party integrations, analytics, automations (such as reorder alerts), and syncing across multiple sales channels like eBay and Etsy.
Because Dear Inventory is a solution for stores moving relatively large amounts of stock, it includes a comprehensive package of features for managing manufacturing tasks and multiple warehouses.
Dear Inventory also includes a dedicated POS, payment processor, and API.
you’re a medium-sized retailer, wholesaler, or manufacturer that needs an advanced solution that doesn’t come with the hassle and complexities of an enterprise app.
Our first comparison criteria, ease of use. Why? Because it’s the most important.
Think about it. You don’t want to invest a lot of your precious time setting up an online store and tweaking the design only to find out that it’s a pain in the butt to manage day to day.
We take a look at how simple the NetSuite and Dear Inventory platforms are to run.
We found the NetSuite dashboard to be a little difficult to use and dated, especially compared to some of the other providers we’ve reviewed. While NetSuite is a browser app, the interface resembles legacy software, with a menu bar across the top and a lot of widgets and on-page links. It’s not terrible. But it’s not fantastic either.
We are using an older version of the e-commerce platform and it is not particularly user friendly.
Nothing is user-friendly, despite their claims. Even simple changes require vast coding knowledge.
The system offers a good basic ERP structure for small businesses.
While Dear Inventory is generally very easy to use, it does take some getting used to. It’s not so much the interface that’s the issue as the range of options and features. Stock orders, for example, can be set for multiple warehouses and tied to a range of inventory accounts.
With a little familiarization however, you and your team should be up and running smoothly.
“The software can be used "out-of-the-box" after a minimal amount of setup, and can also be used in more complex installations where bespoke software development might be needed.”
“Dear lets us manage the extraordinary combination of materials, compounds and product that we manufacture on a daily basis in a straightforward manner.”
“Our overall experience is positive. It was a little bit of a learning curve, but now that we have it down, I couldn't imagine going back.”
(Note: The focus in this review is on the inventory management features in NetSuite, not on its capabilities as an ERP.)
When it comes to features, NetSuite has everything you would expect from a typical inventory management solution. And the integrations library - easily one of the most extensive we’ve come across - makes up for any shortcomings in native functionality. Users can also take advantage of a mobile app (available on both Android and Apple), although it is somewhat limited.
First and foremost, the Netsuite feature-set includes comprehensive inventory, reorder, and delivery management tools. Its “Manufacturing Execution System” also makes it easy for manufacturers to manage parts deliveries, production lines, bills of materials, and complex supply chains. Retailers have access to a POS (point of sale system), barcode scanning assistant, automation settings, team permissions, and more. Users can also leverage an in-depth analytics dashboard. In short, it has everything you need to manage your warehouses and orders.
Finally, Oracle employs stringent security data safeguarding practices, including regular audits, managed access to servers, and protected premises. NetSuite has met numerous security standards like SOC 1, SOC 2, and PCI-DSS, making it an ideal choice for retailers that need to ensure security compliance.
Dear Inventory is an entirely cloud-based app, so you won’t have to worry about any technical or maintenance tasks. The platform is fully compliant with GDPR and uses secure servers. Unfortunately, a mobile app isn’t available (either on iPhone or Android), so you can only access the interface via a desktop computer.
In terms of training, Dear Inventory provides extensive documentation and 24/7 customer service. No direct setup support is offered, unlike some other platforms that include a dedicated onboarding manager on higher-tier plans. Still, the solution is relatively easy to use out of the box, so this shouldn’t present a problem in the majority of cases.
The analytics and reporting dashboard is fairly comprehensive. Users have access to a range of reports, covering purchases, sales, inventory, finances, auditing and more. Third-party integrations can be used to extend analytics functionality, which is good for retailers that want to leverage demand forecasting, smart data insights, and other similar data processes.
Dear Inventory automation features are also worth noting. Users have access to a package of time-saving tools to streamline workflows. These include scheduled reports, if-then task automation, notifications and alerts (for both staff and customers), and a dedicated workflow dashboard.
NetSuite integrations work slightly differently compared to most other inventory management providers. Rather than offer a library of connectors built by its own development team, users have access to integrations in the App Suite, all of which have been created by third-party services. NetSuite has been around for a long time, and the integrations library is very extensive. But just remember that additional functionality comes with a price-tag.
Retailers that want to link up with third-party marketplaces like Amazon, Etsy, Walmart, and so on, can take advantage of the FarApp integration. NetSuite doesn’t offer any in-house functionality for multi-channel sales in this regard, so you’ll need the app.
ShipJunction, ShipStation, Pacejet, and Descartes Shipping are the most popular shipping apps and extend the order management functionality offered by NetSuite. In terms of ecommerce connectors, virtually all major platforms are provided for, including Magento, Shopify, WooCommerce, BigCommerce, and others. Most of these add-ons have been created by Celigo.
Notably, NetSuite also offers an array of apps for catering to international audiences, enabling users to manage multiple currencies, languages, international shipping locations, and so on. If you’ve struggled to find an inventory management solution that allows you to serve a global market effectively, then you will definitely like what’s on offer.
Our opinion of Dear Inventory’s library of integrations is a little mixed. While it’s good overall, it didn’t blow us away.
First, let’s take a look at the good points. The connectors for Xero, third-party marketplaces, and order fulfillment services have received particularly high praise from users. An integration for Zapier is also available, allowing retailers to sync up with hundreds of apps.
Notably, Dear Inventory has its own in-house POS (point of sale), B2B portal for corporate customers, API, and payments processor. All of these are big pluses for users that don’t want the hassle of managing multiple apps.
In terms of accounting, both Quickbooks and Xero are supported. Shipping connectors include ShipStation, Shippit, and Starshipit. Crossfire EDI provides electronic data exchange functionality.
But while Dear Inventory’s library of integrations is certainly satisfactory, it’s not as extensive as other solutions we’ve reviewed. In particular, the support for ecommerce platforms is lacking. Shopify, Magento, and WooCommerce are all supported, but there’s no compatibility with platforms like BigCommerce, PrestaShop, Ecwid, or 3dcart (among others).
Equally, we would have preferred to see more native support for marketing tools like MailChimp and Salesforce, though the Zapier connector does go some way in making up for their absence.
If you’re thinking about opting for Dear Inventory, just make sure that you check the integration library first to make sure it includes what you need.
Everyone’s favourite topic - pricing. Let's dive in to see if NetSuite or Dear Inventory offers better value for money.
NetSuite doesn’t publish pricing, so it’s difficult to evaluate “value for money” thoroughly. It’s likely that the base licence for the core financials and inventory management software is around $1000 per month with an additional $100 per user per month.
Optional modules, which provide functionality across ecommerce, analytics, customer management, and so on, will increase the monthly total. For a company looking for a custom ERP, and not just an inventory management solution, this may be a cost-effective prospect.
It’s also important to note that integrations come with an additional monthly fee. So make sure to include the price of any that you’ll need in the final estimate.
Dear Inventory has a straightforward and competitive custom pricing model. It’s one of the cheaper enterprise-level solutions that we’ve reviewed.
Because it’s aimed squarely at medium-sized retailers, Dear Inventory is a great choice for companies that require advanced functionality without the price-tag of a broad enterprise platform.
Pricing starts at $199/month for five users and a maximum of 100,000 SKUs (product listings). Users can also opt to pay $2189 for a discounted annual subscription. Every additional user costs an extra $50/month.
A free 14-day trial is available on all plans. If you opt for the annual subscription, you’ll get a month for free.
If things go wrong (and they often do) you need to know someone’s there to help get you back on track. So, how does NetSuite's and Dear Inventory's support measure up?
Overall, the level and quality of support offered by NetSuite are good, even if the system is a little convoluted.
Users can choose between “Basic” and “Premium” customer service. Both packages include 24/7 support for “severity one” issues. The “Premium” plan” also provides business hours help with “severity three” and “severity four” issues. The support team is reached via the phone and support tickets/email. Users also have the option to join the community support forum and access the technical troubleshooting portal.
The training materials are of high quality, with an online area dedicated to educational resources. It’s also possible to work with an “Education Advisor” to streamline onboarding.
Generally speaking, support from Dear Inventory is very good. The majority of users speak highly of the level of customer service, citing friendly staff and quick response times.
Dear Inventory also provides extensive documentation covering all of its features, although we felt it could be slightly better organized.
Despite the quality and 24/7 availability, however, there are a few negatives. Support is only available via support tickets, even on the most expensive plans. Users that prefer to communicate via phone or live-chat might be left feeling frustrated. Finally, Dear Inventory doesn’t offer a dedicated setup manager, which may lengthen the onboarding and implementation period for some retailers.
The final say. Let's wrap up our thoughts on each platform.
NetSuite is unlike many other inventory management solutions in that it forms part of a broader enterprise resource planning app. Keep in mind that ecommerce and inventory tools are offered in conjunction with Netsuite’s accounting and financial features. If you already have a financial management system, then you should probably consider an alternative solution.
If, on the other hand, you’re in the market for a highly customizable, cost-effective, and comprehensive app that transcends the boundaries of typical inventory management software, then it’s an option that’s well worth considering. The integrations library is also one of the biggest we’ve ever seen.
It’s suitable for companies of all sizes, and the free trial is an excellent starting point for retailers that are drawn to it.
Medium-sized retailers of five employees and up should definitely consider Dear Inventory. It’s an intuitive, powerful solution that provides an array of tools to streamline everything from sales fulfillment to reordering. The feature-set is extensive and includes a POS system, barcode scanning, integrations with third-party tools, analytics, and more.
Wholesalers and manufacturers should also try out Dear Inventory. Trade sellers have access to a dedicated B2B portal for their customers, along with tools for tracking components, assigning materials, and managing multiple warehouses.
Small and independent retailers will likely benefit from a more compact solution, while enterprises may find it too limited. All other companies, however, should definitely take advantage of the free 14-day trial.
Overall, we found Dear Inventory to be the better inventory management platform.
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