Shlomi Lavi /
Oct 01, 2022
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Bottom Line: Which is Better - FinancialForce Accounting or NetSuite Financials?
FinancialForce Accounting is more expensive to implement (TCO) than NetSuite Financials, and NetSuite Financials is rated higher (89/100) than FinancialForce Accounting (80/100). NetSuite Financials offers users more features (16) than FinancialForce Accounting (14). There is a clear winner in this case and it is NetSuite Financials!
Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Financial Force Vs. NetSuite
Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...
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...
Who is more expensive? FinancialForce Accounting or NetSuite Financials?
The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for FinancialForce Accounting and NetSuite Financials.
FinancialForce Accounting price starts at $9,000 per year , On a scale between 1 to 10 FinancialForce Accounting is rated 4, which is lower than the average cost of Core Accounting software. NetSuite Financials price starts at $499 per user/month , When comparing NetSuite Financials to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: FinancialForce Accounting is more expensive than NetSuite Financials.
Which software includes more/better features?
We've compared FinancialForce Accounting Vs. NetSuite Financials based on some of the most important and required Core Accounting features.
FinancialForce Accounting: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Credit Card Processing, Depreciation, Fixed-Assets.
NetSuite Financials: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.
Target customer size
FinancialForce Accounting is perfect for companies of all sizes, starting from small businesses to large multi-national enterprises. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.