Compare NetSuite Financials and TBworks - Feb 2023
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Bottom Line: Which is Better - NetSuite Financials or TBworks?
TBworks is more expensive to implement (TCO) than NetSuite Financials, and NetSuite Financials is rated higher (89/100) than TBworks (85/100). NetSuite Financials offers users more features (16) than TBworks (0). 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. TBworks
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...
TBworks: TBworks Trial Balance Accounting Software was created and designed by an Accountant in public practice for Accountants in public practice. After entering into public accounting, the primary software used was WorkPapers Plus. It was a great, easy to use, trial balance software that did the job on most engagements. Then over the years, Workpapers Plu...
Who is more expensive? NetSuite Financials or TBworks?
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 TBworks.
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. TBworks price starts at $50 per 5 users/month , When comparing TBworks to its competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.
Bottom line: TBworks is more expensive than NetSuite Financials.
Which software includes more/better features?
We've compared NetSuite Financials Vs. TBworks 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.
TBworks: We are still working to collect the list of features for TBworks.
Target customer size
Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.
TB Works Core Accounting Software caters to a wide range of industries, including retail, healthcare, manufacturing, hospitality, and professional services.
TBworks
starts at $50 per 5 users/month
TB Works is a cloud-based and an on-premise trial balance software solution designed for accounting professionals and CPAs. Major features include a bookkeeping function such as setting up vendor and customer n...
Compare PricingCompare specifications
NetSuite Financials Specifications
ITQlick Score: | 89/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Accounting & Finance -> NetSuite Financials review |
Company: | NetSuite |
Pricing: | starts at $499 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Cloud |
Links: | NetSuite Financials review, NetSuite Financials pricing, NetSuite Financials alternatives |
TBworks Specifications
ITQlick Score: | 85/100 |
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ITQlick Rating: |
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Pricing: | 4/10 - average cost |
Category: | Accounting & Finance -> TBworks review |
Company: | TBworks |
Pricing: | starts at $50 per 5 users/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile |
Links: | TBworks review, TBworks pricing, TBworks alternatives |
Compare features
NetSuite Financials: 16 Features
TBworks: 0 Features
Auditor - Shlomi Lavi
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.