The sheer number of ERP software solutions out there can make even the most seasoned IT and business software professionals’ head spin. Between the established software publishers and the new guys touting the latest and greatest cloud technology, the task of choosing the right ERP software for your organization is harder than ever.
ERP systems are NOT one size fits all
What works perfectly for one company may not fit for you, your industry, or your workflow processes. So to help break it all down for you, here’s how Sage Intacct vs NetSuite – two of the most popular Cloud financial solutions on the market today – stack up.
Note: Because features, functions, and technology are constantly changing, we recommend full diligence that matches your business requirements with the software capabilities to select the best solution.
Comparing Product Features of Intacct vs NetSuite
If you were to look at a grid that stacks the features of Sage Intacct vs NetSuite side-by-side, you’d probably discover that both products offer very similar functionality when it comes to accounting and financials. In fact, many of the product comparisons you’ll see online suggest parity between the two applications.
Because there’s very little difference between Intacct and NetSuite when it comes to accounting features and functions (in our opinion), we’ve chosen to focus this comparison on other factors that we think are equally important to consider when choosing new software including:
- Market Focus and Publisher Viability
- Customer Satisfaction Ratings
- Accounting Industry Feedback
- Software Cost Comparison
Market Focus and Viability
Note: Market focus and company viability are important because it represents how publishers manage expenses, the availability and allocation of funding to R&D, and likelihood that the publisher will continue investments that enhance the customer experience.
Sage (SGN:LN), publisher of Intacct, is a publicly-held company currently traded on the FTSE 100 and has posted steady, predictable growth year-after-year since 1989. Sage is the 3rd largest ERP software provider worldwide in terms of revenue ($2.3B) and #1 with a base of more than 6M customers worldwide. Sage acquired Intacct to strategically fill a void in its portfolio; a true financials in the Cloud solution for the midmarket.
Oracle (NYSE: ORCL), publisher of NetSuite, is a publicly-traded company with revenues of $11B and 430,000 customers worldwide. A multinational technology company, Oracle’s portfolio includes operating systems, databases, software programming languages, and various legacy ERP applications. Oracle’s track record with cloud acquisitions causes concern for NetSuite partners and customers. Will its future befall predecessors like Siebel and PeopleSoft or will Oracle encourage migrations to its Cloud platforms?