Shlomi Lavi /
Jan 25, 2023
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Bottom Line: Which is Better - Sage 50 Accounting or NetSuite?
NetSuite is more expensive to implement (TCO) than Sage 50 Accounting, and NetSuite is rated higher (100/100) than Sage 50 Accounting (80/100). Sage 50 Accounting offers users more features (7) than NetSuite (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:
Sage Vs. Oracle
Sage: The Sage Group plc is a leading global provider of business management software to small and medium sized companies, creating greater freedom for them to succeed. Sage understands how and why each business is unique. We provide products and services that suit varying needs, are a pleasure to use and are secure and efficient. Formed in 1981, Sage wa...
Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...
Who is more expensive? Sage 50 Accounting or NetSuite?
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 Sage 50 Accounting and NetSuite.
Sage 50 Accounting price starts at $42.75 per month , On a scale between 1 to 10 Sage 50 Accounting is rated 4, which is lower than the average cost of Accounting & Finance software. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite to its competitors, the software is rated 6 - similar to the average Accounting & Finance software cost.
Bottom line: NetSuite is more expensive than Sage 50 Accounting.
Which software includes more/better features?
We've compared Sage 50 Accounting Vs. NetSuite based on some of the most important and required Accounting & Finance features.
Sage 50 Accounting: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Fund-Accounting, Tax compliance.
NetSuite: We are still working to collect the list of features for NetSuite.
Target customer size
Sage 50 Accounting is best for small businesses looking for easy to use accounting programs that could track finances in the most accurate manner, crucial to efficiently run the business. and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.