NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
N/A
AccountEdge
Score 6.0 out of 10
Small Businesses (1-50 employees)
AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.
$20
per month
Pricing
NetSuite ERP
AccountEdge
Editions & Modules
No answers on this topic
AccountEdge Pro
$20
per month
AccountEdge Network Edition
$30
per month
AccountEdge Hosted
$50
per month
Offerings
Pricing Offerings
NetSuite ERP
AccountEdge
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
NetSuite was way easier to understand and implement. The cost was close to the same across all of the systems we considered, but we also had internal employees that have used NetSuite before and loved it. That helped push us in the direction of NetSuite and we have been …
Oracle NetSuite ERP is lightyears ahead with the sophistication and accuracy of their ERP. There are so many more options for inventory management, accounting, and more. We felt that NetSuite ERP provided us with the most growth opportunity and would be able to keep up with …
NetSuite Bundled many features into the core system. We reviewed Plex Manufacturing as well. That was not an option to list, but it was a manufacturing software at the core, but required lot/serial. NetSuite allowed us the flexibility and we could customize inside NetSuite ERP …
I had used NetSuite in a previous company and was there during implementation. While working there I enjoyed using NetSuite and never came across a situation that it couldn't handle. When I moved to a new company and was tasked with implementing an ERP system, there was no …
I think NetSuite ERP stacks up in the middle against most of the above companies, Microsoft Dynamics 365 might offer the best bang for your buck but lacks in experience. Shopify is great as a front end platform buck lacks the overall structure that NetSuite offers. Salesforce …
Acumatica is newer to me in my 18+ years of experience, but from what I have seen and experienced I would recommend changing to Acumatica if NetSuite ERP ever became an issue with price or usability.
I have also used Fiserv, but NetSuite is far superior in ease of use and navigation. I personally feel like it is far superior in design and overall look of the interface as well. The customization in NetSuite makes it a top contender for these types of products.
In my prior positions, I used several Sage and QuickBooks products, and NetSuite is head and tail above them. If you are an accountant, you really get what you pay for. You can build a lot of control around users and locking periods, plus you have the flexibility to easily …
NetSuite offers a more integrated approach, combining CRM with ERP functionalities. NetSuite is better for our business because we needed a broader range of business management tools. NetSuite is an all-in-one enterprise resource planning (ERP) solution that includes CRM …
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just …
There comes a point where companies outgrow QuickBooks due to the lack of dimensions, limited reporting, data integrity on prior periods, controls over user access and manipulation levels. However, Oracle and SAP type solutions are likely in the millions of dollars to acquire …
First, it runs in the cloud, meaning we don't have to host anything; we also don't need to apply manual updates for every single computer. I remember the headache of updating Sage on the server and, if successful, then on each one of the +-20 computers. Now, NetSuite ERP send …
We looked at SAP Business One, which is quite strong in financials and manufacturing, but we found it a bit rigid and more suitable for traditional industries rather than service and education-based organizations like ours. We also considered Microsoft Dynamics 365, which had …
Netsuite offers as much, if not more, than the competitors. The price modules can vary, and I find NetSuite's less transparent. However, we chose Netsuite for the investments they were making and the SCA web integration to ERP, not many have that function. The NetSuite/Oracle …
Advanced features that Netsuite had. Easy integration with other financial and CRM systems. Implementation and governance can be easy handled. Easy to maintain and support. Handles very high volume of data. More new features are in pipeline. As it is used across many company …
QuickBooks Online is, by far, a better and easier-to-use product for smaller companies. Only switch to Netsuite if you have to. We switched to NetSuite because we have numerous subsidiaries, and QuickBooks would not be able to handle the complexity.
NetSuite ERP is superior to Sage 100 in that it provides better reporting flexibility and a self run elimination ledger in the accounting close process. We went with NetSuite ERP for their affordability and flexibility providing more "bang for the buck."
As our company grows, we determined that we needed something that goes deeper than Quickbooks, has more customization options for various functions, and allows us to have visibility across the entire company. While Quickbooks was definitely a bit more intuitive in terms of …
In the past I always had a puzzle to assemble, with regards to data and management & ad-hoc reporting. With NetSuite ERP, as mentioned previously, everything is in one easy to retrieve place, and all the systems are there and cohesive. Although Workday Adaptive Planning and HFM …
Originally the decision was made for us when Quickbooks abandoned Mac users for a number of years. However, now that QuickBooks has returned to serving the Mac market, we are satisfied with AccountEdge's support of our platform. The user-friendly interface has made it easy for …
I have considered Quickbooks, but a cursory use did not lead me to believe that it was a good replacement for us. I might take a look again in the future if we can't link bank accounts to AccountEdge soon.
Originally Account Edge topped out other comparable accounting suites with the feature set sought after for account management, order-invoice creation & user based role deployment on the server side out to workstation use. This has not changed to current revision & we are …
I think AccountEdge is superior to Peachtree, which is not a high bar. Its compatibility with MAC OS is good, but I think Xero will be taking much of the Mac based customers as it appears to be a better product.
My hands down preference is to keep my accounting off of the cloud but that is not always the case with my clients. So, to make this comparison somewhat fair I will consider only the items containing parity in cloud vs desktop.
A number of my clients use QuickBooks, mostly on PCs, so I'm quite familiar with what it does. I'm just glad I'm using AccountEdge for my own accounting, because it's more straightforward and doesn't create 'hidden' transactions. Some years ago, a client on QuickBooks …
For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are …
Some of my clients use QuickBooks, some use AccountEdge. Hands down I prefer the user friendliness of AccountEdge over QuickBooks. There is no comparison in the return on profit when having the proper tools to be able to do a task efficiently and quickly. The more time wasted …
AccountEdge had already been implemented when I started working at Lake Industries.I have some experience in several other accounting & CRM software. AccountEdge has really come together in the last couple of years. The software is strong, easy-to-use, and great for daily …
AccountEdge is a much easier product to learn, and it is also much better integrated. That being said, AccountEdge could definitely use a few updates to bring it forward into today's world of technology.
I have a client who is in the firearms manufacturing industry that makes components. They had been using QuickBooks credit card processing feature and their service was recently canceled by QuickBooks for political reasons. QuickBooks is a privately held company so they can do …
I have used QuickBooks in the past and, although I really liked it when I started with them, when I switched to a Mac computer they were not at all compatible. AccountEdge filled the gap with a small learning curve where QuickBooks just couldn't satisfy. The only other products …
It is suited well for its scalability and offerings of options as you need them. Auditing Where lesser ERPs require multiple 3rd party connections to get certain functionality, NetSuite ERP offers it as part of the core already or as an advanced feature you can opt into. It is still a part of the NetSuite environment and managed by NetSuite.
If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
Probably our biggest beef is the sales pitch a while back to incorporate their POS system Checkout that was supposed to integrate hand in glove with AccountEdge (it never really did.) Now the company has abandoned the POS program (even the website is now a 404 error page). Checkout is glitchy, and rather than improving it, they just dropped it and left users like us who bought into it unsupported. That doesn't reflect well on the company's customer service in our view. We've been AccountEdge users from back when it was MYOB, but our confidence in their future dependability has been strongly impacted by this move, and if something else came along, our hard-earned loyalty might not be as firm as it has been in the past.
Some tasks in AccountEdge take a long time to complete (go get a coffee while the spinning beachball turns).
Don't know the feasibility, but it would be nice to have access to older transactions, maybe even in some kind of read-only format.
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
NetSuite is a cloud tool, and is easy to implement for mid-sized organizations. It comes with standard forms/ printing layouts, and financial reporting (both summary and detailed), which are very handy for business users. In addition to these, with 99.99% service availability, NetSuite makes it one of the most reliable ERP tools available on the market.
The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
Oracle NetSuite ERP is lightyears ahead with the sophistication and accuracy of their ERP. There are so many more options for inventory management, accounting, and more. We felt that NetSuite ERP provided us with the most growth opportunity and would be able to keep up with our scaling business.
My hands down preference is to keep my accounting off of the cloud but that is not always the case with my clients. So, to make this comparison somewhat fair I will consider only the items containing parity in cloud vs desktop. AccountEdge vs Xero. AccountEdge has superior interface and key response because an internet connection is generally not as responsive as localized software. Period. I also feel that AccountEdge is far more robust in features as well as how my data is presented (visually). I require uniform naming/wording conventions so I can better assimilate data. While this is possible in Xero, it's not as easy to accomplish because of screen response and keyboard workflow. Mouse oriented vs. keyboard oriented. AccountEdge vs QuickBooks for Mac. Succinctly put: cross-platform. AccountEdge data files do not require "saving as" Windows copies or any other such nonsense conversion. They just work equally well on either platform. So for users whose platforms do not match their accountant's, there is simply no issue. Additionally, Acclivity will give a user's accountant a copy of the software for free.
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
NetSuite software has improved our process controls and enhanced cash management, especially in huge projects.
The software has helped us with budgeting, forecasting, and real-time financial reporting.
Introduction of NetSuite ERP into our organisation has completely changed the way we do things by enhancing compliance, ensuring real-time project milestone tracking, and enabling portfolio management.
If I didn't have AccountEdge, I would have to make do with Excel spreadsheets, or go back to paper, as I did before 1995, and I wouldn't be able to access client information as easily as I can here.
It allows me to manage cash easily, so if clients are slow-paying, I can borrow funds to meet expenses, without incurring overdraft fees, until they come through.