NetSuite ERP and QuickBooks compete in the ERP and accounting software category. NetSuite appears to have the upper hand due to its scalability and comprehensive features across multiple business operations, whereas QuickBooks stands out for its ease of use and affordability.
Features: NetSuite ERP provides comprehensive features such as role-based workflows, customizable dashboards, and robust CRM capabilities. It also includes automated GL postings and inventory management which make it suitable for various industries. QuickBooks is recognized for its user-friendly design, efficient accounting features, and seamless integration with third-party apps, ideal for smaller businesses.
Room for Improvement: NetSuite could make strides by enhancing revenue recognition, manufacturing modules, and payroll functionalities while simplifying customization and integration processes. QuickBooks should enhance its search functionalities, reporting flexibility, and scalability for larger deployments.
Ease of Deployment and Customer Service: NetSuite predominantly uses a public cloud model, offering global access but often requiring partner intervention for technical support. QuickBooks offers on-premises deployment with consistent support, focusing on responsiveness and aligning closely with user needs.
Pricing and ROI: NetSuite, while providing extensive solutions, is considered expensive with variable pricing. However, it offers significant ROI through operational efficiencies and scalability. QuickBooks is more affordable, appealing to smaller businesses with straightforward pricing. Nonetheless, it has limited multi-currency functionalities, which might affect global operations.
NetSuite ERP (Enterprise Resource Planning) is a cloud-based business management software that provides a suite of applications to support various business functions, such as finance, accounting, order management, inventory management, and human resources. It is designed to help organizations streamline and automate their operations, improve decision-making, and increase visibility into key performance metrics. NetSuite ERP integrates all business processes in a single system, providing a real-time, unified view of the business and enabling organizations to manage their operations more efficiently and effectively.
NetSuite ERP Features
NetSuite ERP has many valuable key features. Some of the most useful ones include:
NetSuite ERP Benefits
There are many benefits to implementing NetSuite ERP. Some of the biggest advantages the solution offers include:
Reviews from Real Users
NetSuite ERP is a solution that stands out when compared to many of its competitors. Some of its major advantages are its friendly user interface, customizable dashboards, reporting, scalability, stability, and much more.
GirirajInja, Head of IT operations at Karma technology, says, "As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP.”
Another PeerSpot user, Mohammed I., Sales Manager at Inspirria Cloudtech, states, "NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs.” He also adds, “[It] includes multiple modules, is scalable, and stable.”
QuickBooks Desktop is a robust accounting software solution that provides a comprehensive set of features for small to medium-sized businesses. It offers advanced functionality, industry-specific versions, and integration capabilities to streamline financial management tasks. By utilizing QuickBooks Desktop, businesses can efficiently handle their accounting needs, generate accurate financial reports, and make informed decisions to drive growth and success.
QuickBooks Desktop Features:
QuickBooks Desktop Benefits:
Reviews from Real Users
Mimi Evans, owner & operator at Fearless Bookkeeping Services LLC, writes that QuickBooks Online has “Useful importing capability, beneficial inventory module, but lacking automation”
Another PeerSpot user, managing Partner at a tech services company, states that QuickBooks Online “Provides excellent tracking of my finances and is easy to use and deploy”.
Max Rubin, CFO at Make The Switch, says that "QuickBooks Online has improved my organization by offering a vast array of integrations with other products that allow you to improve process efficiencies while keeping the cost of your ERP or accounting software affordable."
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