NetSuite Financials - Top Competitors (Apr 2022)

NetSuite Financials Review
ITQlick Score: 89/100
ITQlick Rating:
Pricing: 3.2/10 - low cost
Category: Accounting & Finance -> NetSuite Financials review -> NetSuite Financials competitors
Ranking:Ranked 17 out of 419 Accounting & Finance systems
Company: NetSuite
Pricing: starts at $499 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: NetSuite Financials review, NetSuite Financials pricing guide
Shlomi LaviShlomi Lavi / updated: Apr 13, 2022

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NetSuite Financials vs. Alternatives in 2023

In the category of accounting and financial management software, NetSuite Financials has the following software options as its top competitors: QuickBooks Online, Sage Intacct, Acumatica Financial Management, and Freshbooks. NetSuite Financials is compared to its top competitors in the following aspects:
  • Cloud/On-premise: The NetSuite Financials platform is deployed fully in the cloud. In comparison, all the top alternatives of NetSuite Financials are fully cloud-based financial management software solutions.
  • Cost: NetSuite Financials pricing is not disclosed, and no free trial or version is available. In comparison, QuickBooks Online pricing starts at $8 per month, Freshbooks pricing starts at $6 per month, while Sage Intacct and Acumatica Financial Management do not disclose their pricing details. Also, QuickBooks Online and Freshbooks have free trial offers available.
  • Customers/Industries: NetSuite Financials targets businesses across industries such as finance, IT services, healthcare, campus stores, etc. In comparison, all top alternatives of NetSuite Financials target similar customers and industries. Also, Sage Intacct and Acumatica Financial Management target companies in the construction industry.
  • Functionality: NetSuite Financials has several features that drive financial management like billing, business intelligence, compliance tools, core accounting tools, etc. Compared to its top competitors, NetSuite Financials does not offer estimates and mileage tracking, available on Freshbooks. Also, Sage Intacct offers project accounting features.
  • Popularity: NetSuite has over 29,000 customers in more than 200 countries. Over 30 million customers use Freshbooks, and QuickBooks Online serves over 4.5 million users.
  • Scalability: NetSuite Financials is fit for businesses of all sizes and can support growing businesses and handle higher data volumes. In comparison, all top alternatives of NetSuite Financials are equally scalable software solutions.
  • Support: NetSuite Financials offers support via email, phone, a knowledge base, and a live chat support channel. Compared to its top alternatives, NetSuite Financials has a live chat channel that none of its top competitors offer, except Sage Intacct.

NetSuite Financials alternatives - for small & large Business

Here are the top 4 alternatives to NetSuite Financials that are worth checking out: Denali Business for SMBs, MultiCHAX for large size business, Aplos Fund Accounting for growing companies, and BQE Core for low budget organizations.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
Compare
NetSuite...
ITQlick rating
4.2/5
Score
89/100
Pricing
3.2/10
License pricing
$499 per user/month
Functionality
41
Best for SMBs
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Best for Enterprise
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Growing
Aplos Fu...
ITQlick rating
4.4/5
Score
90/100
Pricing
3.6/10
License pricing
$29.50 per month
Functionality
3
Free version
BQE Core
ITQlick rating
4.3/5
Score
80/100
Pricing
2.4/10
License pricing
$19.95 per user/month
Functionality
20


Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.