Compare NetSuite Financials and QuickBooks - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite Financials or QuickBooks?

QuickBooks is more expensive to implement (TCO) than NetSuite Financials, and QuickBooks is rated higher (99/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than QuickBooks (6).

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. DynaDo

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...

DynaDo: DynaDo is a complete suite of tools needed to communicate and manage your business. It includes Email, Project Management, Customer Support, File Storage, Discussion Forums, Calendar, Chat, CRM. It replaces software like GMail, Dropbox, Zendesk, Salesforce and Basecamp.

Who is more expensive? NetSuite Financials or QuickBooks Online Plus?

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 QuickBooks Online Plus.

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. QuickBooks Online Plus price starts at $12.50 per month , When comparing QuickBooks Online Plus to its competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line: QuickBooks Online Plus is more expensive than NetSuite Financials.

Which software includes more/better features?

We've compared NetSuite Financials Vs. QuickBooks 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.

QuickBooks Online Plus: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. The software application has actually specifically been made for tiny and medium services.