Compare NetSuite Financials and TimeSolv Legal - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - NetSuite Financials or TimeSolv Legal?

NetSuite Financials is more expensive to implement (TCO) than TimeSolv Legal, and NetSuite Financials is rated higher (89/100) than TimeSolv Legal (86/100). NetSuite Financials offers users more features (16) than TimeSolv Legal (8).

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. TIMESOLV CORPORATION

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...

TIMESOLV CORPORATION: TimeSolv was developed by Elite Online Solutions in 1999 and became an independent company in December 2006. It is now solely focused on providing TimeSolv’s superior online solutions coupled with outstanding customer service. TimeSolv is a privately held corporation and is profitable and debt free.

Who is more expensive? NetSuite Financials or TimeSolv Legal?

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 TimeSolv Legal.

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. TimeSolv Legal price starts at $39.95 per user/month , When comparing TimeSolv Legal to its competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.

Bottom line: NetSuite Financials cost is around the same cost of TimeSolv Legal.

Which software includes more/better features?

We've compared NetSuite Financials Vs. TimeSolv Legal 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.

TimeSolv Legal: Version Control, Project Collaboration, Time and Expense Tracking, Archiving and Retention, Document Assembly.

Target customer size

Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. The software has specifically been designed for legal business and law firms and can be used by small and medium businesses, including individual practices and multi-location firms.