Shlomi Lavi /
Feb 27, 2023
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Bottom Line: Which is Better - TBworks or NetSuite Financials?
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:
TBworks Vs. NetSuite
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...
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...
Who is more expensive? TBworks or NetSuite Financials?
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 TBworks and NetSuite Financials.
TBworks price starts at $50 per 5 users/month , On a scale between 1 to 10 TBworks is rated 4, which is lower than the average cost of Accounting & Finance software. NetSuite Financials price starts at $499 per user/month , When comparing NetSuite Financials to its competitors, the software is rated 2 - much 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 TBworks Vs. NetSuite Financials based on some of the most important and required Accounting & Finance features.
TBworks: We are still working to collect the list of features for TBworks.
NetSuite Financials: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.
Target customer size
TB Works Core Accounting Software caters to a wide range of industries, including retail, healthcare, manufacturing, hospitality, and professional services. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.