Compare FreeAgent and NetSuite - Apr 2024

Shlomi Lavi

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Bottom Line: Which is Better - FreeAgent or NetSuite?

NetSuite is more expensive to implement (TCO) than FreeAgent, and NetSuite is rated higher (100/100) than FreeAgent (85/100). FreeAgent offers users more features (9) than NetSuite (0).

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:

FreeAgent Vs. Oracle

FreeAgent: FreeAgent launched in 2007, hewn from the frustration that managing company finances was just too damn hard for most small businesses and freelancers. Since then we’ve doggedly stuck to our mantra of demystifying accounting and redefining the relationship people have with their finances.

Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...

Who is more expensive? FreeAgent or NetSuite?

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 FreeAgent and NetSuite.

FreeAgent price starts at $12 per month , On a scale between 1 to 10 FreeAgent is rated 2, which is much lower than the average cost of Core Accounting software. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite to its competitors, the software is rated 6 - similar to the average Core Accounting software cost.

Bottom line: NetSuite is more expensive than FreeAgent.

Which software includes more/better features?

We've compared FreeAgent Vs. NetSuite based on some of the most important and required Core Accounting features.

FreeAgent: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Project-Accounting, Purchase Orders, Tax compliance, Recurring Invoices.

NetSuite: We are still working to collect the list of features for NetSuite.

Target customer size

The target market of FreeAgent is Freelancers and small businesses. and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.