Sage 50 Simple Payroll Vs NetSuite Financials (Aug 2020)

Sage 50 Simple Payroll Vs. NetSuite Financials: Which is better?

Shlomi Lavi / Aug 14, 2020

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Looking for the right Accounting & Finance solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. in this article we compare between the 2 software products:

Vendor comparison

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 was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6 million customers and more than 13,500 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia and Brazil. For further information please visit http://sage.c

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 use NetSuite to run more effectively without the high costs and inefficiency of on-premise systems. By using NetSuite to automate operations, streamline processes and access real-time business information anytime, anywhere, growing businesses realize breakthrough performance improvements.

Pricing/cost comparison

The real cost of Accounting & Finance software includes the software license, subscription fees, software training cost, customization cost, required hardware, and the cost of maintenance & support and other related services. It's critical that you account for all of these costs to gain an understanding of the system's "total cost of ownership". We prepared a total cost calculator for Sage 50 Simple Payroll TCO and NetSuite Financials total cost to help with the total cost of ownership calculation.

Sage 50 Simple Payroll price Starting from $50.58 per user/month , on a scale between 1 to 10 Sage 50 Simple Payroll is rated 4, which is lower than the average cost of Accounting & Finance software. NetSuite Financials price Starting from $499 per user/month , when comparing NetSuite Financials to their competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.

Bottom line: Sage 50 Simple Payroll is more expensive than NetSuite Financials.

Features and functionality

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Sage 50 Simple Payroll Vs. NetSuite Financials based on some of the most important and required Accounting & Finance features.
Sage 50 Simple Payroll: Data Import/Export, Basic Reports, Online Customer Support, ..
NetSuite Financials list of features include the following: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, .

Target customer size

Sage 50 Payroll is suitable for small businesses with up to 50 employees. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.