It can be difficult to manage the core operations of your business with disjointed systems.
Businesses like yours might be turning to more entry-level accounting software or older ERP systems to get by, but it could be holding you back from full efficiency.
Your business continues to grow, but is your software supporting your growth?
With outdated, stringent technology, you could be missing out on helpful functionalities to continue to scale your business.
That’s where NetSuite and Sage Intacct come into the picture.
Both cloud solutions offer a robust set of financial tools for fast-growing businesses.
But which one is the right tool for YOUR business?
That much isn’t immediately clear.
When comparing NetSuite vs. Intacct, there are so many features, pricing complications, and more that makes it difficult to truly figure out which would do what you need with your budget.
That’s what we’ll clear up here in this detailed comparison. In just a few minutes, you’ll have a much clearer picture of which solution fits your business best.
NetSuite vs. Intacct: Everything You Need to Know
1. Overview
Sage Intacct Cloud ERP
Sage Intacct software is used by customers in a variety of industries – financial services, technology, nonprofit, and healthcare, just to name a few. It offers an appealing, low-cost starting point, as well as:
- An intuitive, easy to use interface
- 24/7 real-time financial data for a comprehensive look into business performance
- Simple, effective accounting and finance functionalities
- Flexibility through configuration
The simplicity and lower price of Sage are appealing to many businesses.
Oracle NetSuite Cloud ERP
The NetSuite platform also serves a large number of customers in diverse industries. Though it’s a bit more of an upfront financial commitment to implement NetSuite, there are many long-term benefits your business can reap as it grows:
- Core integrated accounting and finance functionalities
- Human capital management, CRM, eCommerce, and manufacturing module add-ons.
- Support for global subsidiaries.
- Sophisticated data analytics and reporting capabilities
- Phased implementation options, starting lean and customizing and expanding when you begin to scale.
2. NetSuite vs. Sage: Pricing
NetSuite
NetSuite’s pricing varies depending on several key factors:
1. The size of your company and amount of licenses you need
Each user starts at $99/month but the true cost is usually higher due to the suite, modules, and integrations you use. Additionally, the application itself starts at $999/month.
2. Add-on modules
NetSuite provides countless industry-specific modules you can use to customize your experience. Each of these modules, though, requires an additional fee (the fees vary but they are annual expenses).
3. Integrations
If you need NetSuite to integrate with platforms like Amazon, FedEx, Salesforce, or others, you’ll have to pay an annual fee.
There’s usually a one-time implementation fee starting around $1,500, along with the annual cost of $2,500+ depending on the integration.
4. The level of implementation required
The rule of thumb is that implementations cost 2x-3x as much as the annual NetSuite license fee.
The specific price depends on the scale of your implementation, but we usually see them range between $40,000 (small businesses) and $250,000 (large businesses).
5. Training and support
If you need ongoing tech support and training, you can expect to pay $2,000+ based on the nature of the training.
Sage Intacct
Sage Intacct starts at $400/month for the application plus $225/month per user for licensing. They require annual contracts and there are additional fees for integrations and add-ons that vary in price.
Annual pricing for Sage runs from $15,000 to $60,000+, making it more affordable and more flexible at the beginning than NetSuite in most cases.
3. Sage Intacct vs. Netsuite: Features
NetSuite
NetSuite is a comprehensive solution that provides all the capabilities and tools you need for accounting, HR, and supply chain management.
Accounting Features
- General Ledger
- Accounts Receivable
- Accounts Payable
- Multi-Currency
- Multi-Entity
- Fixed Asset Management
- Budgeting and Forecasting
- Reporting and Analytics
HR
- Payroll
- Time Tracking
- Multi-Entity Accounting
- Benefits Administration
- Onboarding
- Applications
- Recruiting
Supply Chain Management
- Purchase Orders
- Warehouse Management
- Order Management
- Material Resource Planning
- Inventory Management
- Demand Planning
- Work Orders
- Shop Floor Control
It’s highly customizable and can help you automate and optimize key processes in several areas of your business.
NetSuite also offers a massive list of native integrations.
Intacct
Sage offers a full suite of accounting tools, including:
- General Ledger
- Accounts Receivable
- Accounts Payable
- Multi-Currency
- Multi-Entity
- Fixed Asset Management
- Budgeting and Forecasting
- Reporting and Analytics
It does pretty much everything you need from an accounting standpoint and is highly customizable.
But it doesn’t include any of the other features NetSuite does except for Purchase Orders.
4. NetSuite vs. Sage Intacct: Reporting
NetSuite
NetSuite allows you to set up several reporting dashboards that make it easier for teams/individuals to get the data they need.
It also makes it easy to generate custom reports with just a few clicks.
Intacct
Intacct comes with 8 reporting presets you can customize further. You can also choose whether to include your operational data in your reports.
5. Sage Intacct vs. NetSuite: Customer Support
NetSuite
NetSuite offers both a basic and premium support package.
With basic, you get:
- Access to the NetSuite User Community
- Access to the Technical Support Portal
- Online ticket submission
- 24/7 access
With premium, you get all of the above plus 24/7 telephone support.
Intacct
Intacct offers the same level of support to all users. They are available for help anytime from 6 am to 6 pm PST between Monday and Friday.
Additionally, every user gets access to the Sage Intacct Community where they can get some of the questions answered.
NetSuite vs. Intacct: The Ultimate Decision
NetSuite is better for enterprise organizations that need a more comprehensive accounting solution that can be completely tailored.
It’s just flat-out better than Intacct at providing all the tools you need to manage finances and inventory at scale.
Intacct is better for organizations who’ve outgrown Quickbooks but don’t need the sophistication of NetSuite.
Sage Intacct is far simpler and less expensive than NetSuite–making it a better choice if you’re simply looking for a more robust accounting software.
Choose a Solution That Is Right for Your Business
Transitioning to a cloud ERP has many benefits. You can centralize your core operations to a single location, automate your workflows, and improve efficiency. Although it may seem overwhelming or costly to move on from your current systems, think of the doors it could open for your business.
If you’re considering a NetSuite implementation, you can click the button below to request our comprehensive checklist that helps you make sure you’re taking the right steps in the right order and avoid becoming one of the 60% of ERP implementations that fail.