NetSuite Solution Consultant
Contract Management is available in both Salesforce and NetSuite. When customers work with both solutions, it is important to understand the overlap of Contract and Contract Items that will activate, renew, upsell, and down-sell contracts. There is no silver bullet solution because the result will largely depend on the client’s specific scenario, however, we can save you some time wrestling between both!
NOTE: Contract Renewals Modules is an add-on module to NetSuite and it needs to be purchased in conjunction with a NetSuite license.
What it does best:
NOTE: Salesforce Contracts is an out-of-the-box object, which is also used in the Salesforce CPQ architecture.
When reviewing your current architecture and overall process, it is important to decide if NetSuite or Salesforce will be the system of record for Contracts.
The source data will define the integration flows and your business processes, which will help define more than your Contracts, but the following processes, including Invoicing, Change Orders, Revenue Recognition (ASC 606), Payments, and GL Entries.
If you have more questions about contract management and which platform would work best for your organization, get in touch with us today!
Salesforce or NetSuite: Which Platform is Best for Contract Management?