NetSuite vs Rillet
NetSuite
Businesses from startups to enterprises, including small, mid-sized, fast-growing, family-owned and investment-backed companies
1998, as NetLedger
Rillet
Technology and AI companies, expanding into biotech, healthcare, fintech, logistics and professional services; mid-market, enterprise and public companies
Launched August 2024; New York, with a Spanish entity in Barcelona
NetSuite and Rillet both sell a cloud ERP with a general ledger for finance teams at growing companies.
NetSuite, founded in 1998 and owned by Oracle since 2016, is a suite covering financials, supply chain, CRM, e-commerce and HR for more than 44,000 customers; Rillet, launched in 2024 and based in New York, is an AI-native ERP for continuous close, used by 600+ customers.
NetSuite vs Rillet: side by side
“Not published” means the vendor does not state it.
| NetSuite | Rillet | |
|---|---|---|
| What it does | Cloud ERP suite covering financials, supply chain, CRM, e-commerce and HR, with embedded AI | AI-native ERP: real-time general ledger with continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents (Aura) |
| Best for | Businesses from startups to enterprises, including small, mid-sized, fast-growing, family-owned and investment-backed companies | Technology and AI companies, expanding into biotech, healthcare, fintech, logistics and professional services; mid-market, enterprise and public companies |
| Founded and HQ | 1998, as NetLedger | Launched August 2024; New York, with a Spanish entity in Barcelona |
| Ownership and funding | Owned by Oracle since 2016 | Venture-backed; US$100m Series C (Aug 2026) led by ICONIQ at a US$1bn valuation, with Sequoia and Andreessen Horowitz; more than US$200m raised in total |
| Customers or users | More than 44,000 | 600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal named |
| Pricing | Not published; quote on request (the site offers a free product demo) | Not published |
| Deployment and markets | Cloud; local sites across the Americas, Asia-Pacific and EMEA, including the US/Canada, UK, France, Germany, Spain, Australia, India and Japan | Cloud; US, with a Spanish entity (Rillet España) in Barcelona; partners include EY, KPMG and RSM |
Main differences
NetSuite covers financials, supply chain, CRM, e-commerce and HR; Rillet focuses on the general ledger, continuous close, ASC 606 revenue recognition and multi-entity consolidation.
NetSuite has more than 44,000 customers from startups to enterprises; Rillet has 600+, starting with technology and AI companies and including public companies with over US$2bn in revenue.
NetSuite has been owned by Oracle since 2016; Rillet is venture-backed, with a US$100m Series C in August 2026 at a US$1bn valuation.
NetSuite runs local sites across the Americas, Asia-Pacific and EMEA; Rillet operates in the US, with a Spanish entity in Barcelona.
Which to choose
Choose NetSuite if
- You need supply chain, CRM, e-commerce or HR in the same system, or operate across many regions
Choose Rillet if
- You are a technology or AI company that wants an AI-native ledger with continuous close and ASC 606 revenue recognition
Compare further
Common questions
What is the difference between NetSuite and Rillet?+
NetSuite is a cloud ERP suite covering financials, supply chain, CRM, e-commerce and HR, with embedded AI. Rillet is an AI-native ERP with a real-time general ledger, continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents.
Do NetSuite and Rillet publish prices?+
Neither publishes prices. NetSuite quotes on request and offers a free product demo.
Who owns NetSuite and Rillet?+
NetSuite, founded in 1998 as NetLedger, has been owned by Oracle since 2016. Rillet is venture-backed: it raised a US$100m Series C in August 2026 led by ICONIQ at a US$1bn valuation, with Sequoia and Andreessen Horowitz, and has raised more than US$200m in total.
Part of Accountio’s accounting technology coverage.
