Compare NetSuite Financials and FinancialForce Accounting - Oct 2022

Shlomi LaviShlomi Lavi / Oct 01, 2022

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Bottom Line: Which is Better - NetSuite Financials or FinancialForce Accounting?

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 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. Financial Force

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...

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...

Who is more expensive? NetSuite Financials or FinancialForce Accounting?

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 FinancialForce Accounting.

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. FinancialForce Accounting price starts at $9,000 per year , When comparing FinancialForce Accounting to its competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line: FinancialForce Accounting is more expensive than NetSuite Financials.

Which software includes more/better features?

We've compared NetSuite Financials Vs. FinancialForce Accounting 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.

FinancialForce Accounting: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting.

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. FinancialForce Accounting is perfect for companies of all sizes, starting from small businesses to large multi-national enterprises.

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.

FinancialForce Accounting

ITQlick rating
(4/5)

starts at $9,000 per year

FinancialForce Accounting is a cloud-based finance and accounting solution built for sales force companies. Its key features include accounting management, billing and invoicing, financial analysis, reporting a...

Categories: Billing & Invoicing, Core Accounting, Financial reporting, Accounting Practice Management, Medical Accounting.

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

FinancialForce Accounting: 14 Features

Accounts Payable
Accounts Receivable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Credit Card Processing
Depreciation
Fixed-Assets
General-Ledger
Project-Accounting
Purchase Orders
Sales Reporting
Customer Management
Time and Expense Tracking
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
Financia...
ITQlick rating
4/5
Score
80/100
Pricing
5.4/10
License pricing
$9,000 per year
Functionality
19
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.