TimeSolv Legal Vs NetSuite Financials (Aug 2020)

Shlomi LaviShlomi 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

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.

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 TimeSolv Legal TCO and NetSuite Financials total cost to help with the total cost of ownership calculation.

TimeSolv Legal price Starting from $29.95 Per 5 users/month , on a scale between 1 to 10 TimeSolv Legal is rated 2, which is much 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: TimeSolv Legal cost is around the same cost of 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 TimeSolv Legal Vs. NetSuite Financials based on some of the most important and required Accounting & Finance features.
TimeSolv Legal: Version Control, Project Collaboration, Time and Expense Tracking, Archiving and Retention, Document Assembly, Document Tagging, User Access Controls, Time Tracking, ..
NetSuite Financials list of features include the following: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, .

Target customer size

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. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.

TimeSolv Legal

ITQlick rating
(4.7/5)

Starting from $29.95 Per 5 users/month

TimeSolv Legal is a web based legal billing solution for small and medium law firms. It offers such services as billing and invoicing, calendar management, conflict management, and others. The software was desi...

Categories: Accounting & Finance, Billing & Invoicing, Core Accounting, Document Management, Customer Loyalty.

NetSuite Financials

ITQlick rating
(4.2/5)

Starting from $499 per user/month

NetSuite Financials is a cloud-based accounting and eCommerce software suite designed to comply with all business sizes. It aims to streamline your accounting department through the use of a web based applicati...

Categories: Billing & Invoicing, Budgeting & CPM, Business tax, Core Accounting, Financial reporting.

Compare specifications

TimeSolv Legal Specifications

Name: TimeSolv Legal
Score: 172/100
Company: TIMESOLV CORPORATION
Address Denmark Avenue, Eagan, MN
Pricing: Starting from $29.95 Per 5 users/month
Platforms: Desktop, Mobile, Cloud

NetSuite Financials Specifications

Name: NetSuite Financials
Score: 178/100
Company: NetSuite
Address NetSuite Inc, Campus Drive, San Mateo, CA
Pricing: Starting from $499 per user/month
Platforms: Desktop, Cloud

Compare features

TimeSolv Legal: 8 Features

Version Control
Project Collaboration
Time and Expense Tracking
Archiving and Retention
Document Assembly
Document Tagging
User Access Controls
Time Tracking

NetSuite Financials: 8 Features

Accounts Payable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Depreciation
Fixed-Assets
Multi-Currency
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
TimeSolv
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
86/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$29.95 Per 5 users/month
Functionality score
21
Software review
NetSuite
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
89/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.2/10
License pricing license pricing (if provided by the software vendor)
$499 per user/month
Functionality score
41
Software review
Denali
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$99 per month
Functionality score
16
Software review
MoneyDesktop
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality score
4
Software review
MultiCHAX
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7/10
License pricing license pricing (if provided by the software vendor)
$99 per license
Functionality score
5
Software review
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.