Alight Planning Enterprise Vs. NetSuite Financials: Which is better?
Shlomi Lavi / Jul 23, 2020
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Looking for the right Accounting & Finance solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:
Vendor comparison
Alight Planning Enterprise: Alight Planning takes the budgeting and planning process beyond spreadsheets with a multi-user system designed for executives, financial staff, and line managers who collaborate in developing financial plans and reviewing financial and operating results.With Alight Planning, financial planning is fast and effective, allowing integration of strategic and product plans into the budget and forecasting cycle. Alight Planning cuts weeks off the budget cycle and promotes meaningful participation of staff in monthly reviews and rolling forecasts. Alight Planning is also the perfect vehicle for strategic plans, long range market planning and complex business case analysis.
NetSuite:
NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.
More than 12,000 high-growth and midsized companies and divisions of large enterprises use NetSuite to run more effectively without the high costs and inefficiency of on-premise systems. By using NetSuite to automate operations, streamline processes and access real-time business information anytime, anywhere, growing businesses realize breakthrough performance improvements.
Pricing/cost comparison
The real cost of Accounting & Finance software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Alight Planning Enterprise TCO and NetSuite Financials total cost to help with the total cost of ownership calculation.
Alight Planning Enterprise price Starting from $6,000 per license , on a scale between 1 to 10 Alight Planning Enterprise is rated 4, which is lower than the average cost of Accounting & Finance software. NetSuite Financials price Starting from $499 per user/month , when comparing NetSuite Financials to their competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.
Bottom line: Alight Planning Enterprise is more expensive than NetSuite Financials.
Features and functionality
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Alight Planning Enterprise Vs. NetSuite Financials based on some of the most important and required Accounting & Finance features.
Alight Planning Enterprise: Budgeting & Forecasting, Fund-Accounting, Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Customizable Dashboard, Customizable Features, Dashboarding, ..
NetSuite Financials list of features include the following: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, .
Target customer size
Just 4 years after it was founded Alight has manage to gather over 250 customers from different business segments. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.