Compare NetSuite Financials and netFORUM Enterprise - Apr 2022

Shlomi LaviShlomi Lavi / Apr 13, 2022

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Bottom Line: Which is Better - NetSuite Financials or netFORUM Enterprise?

NetSuite Financials is more expensive to implement (TCO) than netFORUM Enterprise, and NetSuite Financials is rated higher (89/100) than netFORUM Enterprise (78/100). NetSuite Financials offers users more features (16) than netFORUM Enterprise (0).

Looking for the right Accounting & Finance 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:

NetSuite Vs. Abila Inc

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...

Abila Inc: Abila serves strategic leaders and managers in dynamic nonprofit organizations and government agencies through high-value solutions. Organizations trust Abila to simplify and streamline processes in order to perform their best work and focus on delivering their unique mission. For Abila, it’s personal and backed by a team with more than 30 years o...

Who is more expensive? NetSuite Financials or netFORUM Enterprise?

The real total cost of ownership (TCO) of Accounting & Finance 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 NetSuite Financials and netFORUM Enterprise.

NetSuite Financials price starts at $499 per user/month , On a scale between 1 to 10 NetSuite Financials is rated 2, which is much lower than the average cost of Accounting & Finance software. netFORUM Enterprise accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 NetSuite Financials is rated 2, which is much lower than the average cost of Accounting & Finance software.

Bottom line: NetSuite Financials cost is around the same cost of netFORUM Enterprise.

Which software includes more/better features?

We've compared NetSuite Financials Vs. netFORUM Enterprise based on some of the most important and required Accounting & Finance features.

NetSuite Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation, Fixed-Assets, Multi-Currency.

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

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. The software is a viable solution for businesses of all sizes and a wide range of types.



NetSuite Financials

ITQlick rating
(4.2/5)

starts at $499 per user/month

NetSuite Financials is a cloud-based accounting and eCommerce software suite designed to comply with all business sizes. It aims to streamline your accounting department through the use of a web based applicati...

Categories: Billing & Invoicing, Budgeting & CPM, Business tax, Core Accounting.

netFORUM Enterprise

ITQlick rating
(3.1/5)

netFORUM Enterprise is a web based association management solution for businesses of all sizes. It offers such services as member profiles, membership levels, payment tracking, and others. The software was desi...

Categories: Non-Profit, Non-Profit Volunteer Management, Fund Accounting, Event Management, Association Management.

Compare specifications

Compare features

NetSuite Financials: 16 Features

Accounts Payable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Depreciation
Fixed-Assets
Multi-Currency
Project-Accounting
Sales Reporting
Tax compliance
Time & Expense
Billing Rate Management
Corporate Card Payments
Multiple Billing Rates
Time Tracking by Project

netFORUM Enterprise: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
NetSuite...
ITQlick rating
4.2/5
Score
89/100
Pricing
3.2/10
License pricing
$499 per user/month
Functionality
41
Compare
netFORUM...
ITQlick rating
3.1/5
Score
78/100
Pricing
3/10
License pricing
Pricing not available
Functionality
11
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.