Comparing Acumatica and NetSuite?
Read This First
If you’re like many companies in the market for ERP software, you probably have a general idea what you want. You’re probably looking for a cloud/software-as-a-service product that delivers integrated ERP, CRM, and BI. You want a product designed for the needs of your specific industry that has both functionality and success with companies similar to you.
It’s also likely you’ve seen how challenging it is to narrow down your shortlist. Many of the products you’re looking at offer similar functionality. The truth is often hard to come by, with many companies offering conflicting information. It’s possible you’ve gone through videos, blogs, and demos, trying to find that one perfect solution to manage your business over the next decade.
Knowing all this, it’s likely that two of the vendors on your shortlist are Acumatica Cloud ERP and Oracle NetSuite. How do we know? First, you probably wouldn’t be on this page if they weren’t. Second, it’s one of the most common dilemmas companies face when looking at ERP software.
Not only are they both extremely popular options for businesses, a high-level look at both products yields a variety of similarities:
There are many more similarities. In fact, both can probably help your business achieve ROI. However, it’s the differences that determine how fast you achieve payback and in turn how much value each software will provide five, seven, or ten years from now.
That said, the differences may seem small, but could cost you big money over the useful life of the product. Here are just a few of the differences between Acumatica and NetSuite.
Configuring your product is important. While both are configurable, only one of the two products is built using relatable and familiar code bases. Acumatica is built using industry standard C# and .NET. Oracle NetSuite uses proprietary development tools, making customizations more difficult.
Before the rise of the cloud, ERP software had long been known for a traditional licensing model. Naturally, there were benefits and disadvantages to this model, as some organizations didn’t have money upfront. The cloud—and its subscription model—changed this. Rather than paying a lot upfront with minimal maintenance, companies were now able to pay a monthly subscription fee that included everything.
However, what if you do have the money upfront and want to just get the cost out of the way, depreciating the capital expense needed for a perpetual license? With Acumatica, this is possible. With NetSuite, you can only pay for a subscription.
Paired with the license vs. subscribe option, the cloud also replaced the on-premises server room. However, just as some companies preferred the perpetual license, some haven’t gotten completely on board with the public cloud. Others may want to store some information there, others still may want to choose their own cloud. Shouldn’t you at least have the option?
While both products are available in the cloud, Acumatica also supports on premises and hybrid deployments for companies that want to keep sensitive data in-house.
Oracle NetSuite users cannot directly export their data in a relational format, making it difficult and costly to migrate their data. Acumatica will never hold your data hostage – offering both built-in automated backup service plus a unique snapshot feature allow you to have a fully relational copy of your data at any time.
At CCS Technology Group, our goal is to deliver IT support that’s responsive, effective and convenient. After all, technology should make it easier to run your business. That’s what we mean by freedom.
That’s why we work with Acumatica Cloud ERP, a company that allows your business to do more and gives you the freedom to grow. Learn more about Acumatica or register for a demo at the link below.