Thinking about the best accounting software for your business?
Many companies struggle to choose between QuickBooks vs NetSuite.
It’s a big decision, and choosing the wrong one can cause a lot of headaches later on.
Are you wondering which one is right for your unique needs?
This guide breaks down QuickBooks vs NetSuite to help you understand their differences.
Overview
We’ve spent many hours using both QuickBooks and NetSuite.
We looked at how they work for different businesses.
This helps us show you a fair comparison.
Used by over 7 million businesses, QuickBooks can save your time.
Pricing: It has a free trial. Paid plan starts at $9.50/month.
Key Features:
- Expense Tracking
- Invoicing and Payments
- Comprehensive Reporting
Boost productivity by up to 78%! See the difference now!
Pricing: It has a free trial. Custom pricing plans are Available.
Key Features:
- Financial Management
- Inventory Management
- Order Management
What is QuickBooks?
QuickBooks is like a helpful friend for your business money stuff.
It helps you keep track of what money comes in and what money goes out.
Lots of small businesses like using it.
Also, explore our favorite Quickbooks alternatives…
Ready to take control of your business money like a pro? QuickBooks helps millions track their income and expenses easily.
Key Benefits
QuickBooks really shines with its broad set of tools for everyday tasks. It offers:
- Manages over $1 trillion in invoices annually for its users.
- Connects to over 700 different apps for smoother workflows.
- Helps businesses save up to 42% of their time on bookkeeping tasks.
- Provides over 50 standard reports to understand your business better.
Pricing
- Simple Start: $9.50
- Essential: $14
- Plus: $20
- Advanced: $38
Pros
Cons
What is NetSuite?
So, what’s the deal with NetSuite?
Think of it like a giant toolbox for your whole business.
It helps you with things like money, customers, and even what you have in stock.
It’s all in one place!
Also, explore our favorite Netsuite alternatives…
Boost productivity by up to 78%! See how NetSuite’s automation tools can transform your workday.
Key Benefits
- Integrates ERP, CRM, and accounting in one system.
- Offers real-time visibility across all business operations.
- Supports businesses in over 200 countries and territories.
- Provides over 30,000 customers with its robust platform.
Pricing
They offer custom pricing plans based on your requirements. Please contact them to get your perfect plan.
Pros
Cons
Feature Comparison
Here’s a close look at what QuickBooks and NetSuite offer.
We’ll compare their main features.
This helps you see which one might be better for you.
1. Ease of Use
QuickBooks is known for being easy to learn.
Its menus are simple. NetSuite can be harder to use at first.
It has many features, so it takes time to get used to.
2. Scalability
QuickBooks works well for small to medium businesses.
As your company grows very large, you might need to switch.
NetSuite is built for growth.
It can handle many users and complex tasks as a business expands.
3. Reporting
QuickBooks offers good basic reports.
You can see how your money is doing.
NetSuite has very strong reporting tools.
It can create detailed reports from all parts of your business, not just accounting.
4. Inventory Management
QuickBooks has simple inventory tools.
It’s good for businesses with basic stock needs.
NetSuite has advanced inventory features.
It can track items across many locations and manage complex supply chains.
5. Customization
QuickBooks has some limits on what you can change.
You can add certain apps.
NetSuite is highly customizable.
You can make it fit your exact business processes.
This often needs a specialist.
6. Cloud and Desktop
QuickBooks offers both online (cloud) and desktop versions.
You can pick what you like.
NetSuite is fully cloud-based.
You access it through the internet from anywhere.
7. Customer Support
QuickBooks offers standard support, often through phone, chat, and online articles.
NetSuite has more levels of support, including dedicated account managers for complex needs.
What to look for when choosing an Accounting Software?
Here are some extra things to think about:
- Scalability: Can the software grow with your business?
- Support: What kind of help is available if you have questions?
- Ease of Use: Is it something you and your team can learn quickly?
- Specific Needs: Does it handle the unique things your business does?
- Security: How safe is your financial data with this software?
Final Verdict (Our Pick)
Which one is best?
For most small and medium businesses, QuickBooks is our top pick.
It’s easy to use.
It costs less money. It handles daily accounting well.
It’s not too complex.
But what if your business is big? What if it’s growing fast?
Or if it has very complex needs?
Then NetSuite is better. It costs more. It takes longer to learn.
But it can do a lot more. We’ve seen many businesses pick the right one.
They look at their size and future plans.
We hope this guide helps you choose for your company.
More of QuickBooks
We’ve also compared QuickBooks vs many other top accounting software. Here are their standout features:
- QuickBooks vs Puzzle IO: Leverages strong AI automation for proactive analytics and financial forecasting.
- QuickBooks vs Dext: Excellent for automated document processing and receipt capture, reducing manual entry.
- QuickBooks vs Xero: Offers unlimited users and robust multi-currency support, great for global teams.
- QuickBooks vs Synder: Specializes in automated bookkeeping, multi-currency, and payment processor integration.
- QuickBooks vs Easy Month End: Focuses on streamlining month-end close processes and team task management.
- QuickBooks vs Docyt: Provides end-to-end AI-driven bookkeeping automation and financial variance analysis.
- QuickBooks vs RefreshMe: Primarily a personal finance tool focusing on budgeting and investment tracking.
- QuickBooks vs Sage: Offers extensive customization and strong features for manufacturing/construction.
- QuickBooks vs Zoho Books: Free plan available, strong automation, and an all-in-one business software ecosystem.
- QuickBooks vs Wave: Free accounting software is best for freelancers and very small businesses, with basic features.
- QuickBooks vs Quicken: Mainly for personal finance and basic home business tracking, less robust for full accounting.
- QuickBooks vs Hubdoc: Specializes in automated data extraction from documents and bank statements.
- QuickBooks vs AutoEntry: Focuses on automating data capture from bills and invoices to reduce manual input.
- QuickBooks vs FreshBooks: Strong for invoicing and time tracking, popular with freelancers and project-based businesses.
More of NetSuite
- NetSuite vs Puzzle IO: Puzzle IO offers AI-driven bookkeeping and financial management for automation.
- NetSuite vs Dext: Dext focuses on automated data extraction from receipts and invoices for the accounting team.
- NetSuite vs Xero: Xero is a cloud accounting solution, simpler than NetSuite, great for small businesses.
- NetSuite vs Synder: Synder specializes in syncing sales transaction data to accounting software.
- NetSuite vs Docyt: Docyt provides AI-powered bookkeeping and workflow automation for financial data.
- NetSuite vs RefreshMe: RefreshMe is a task management software for recurring business processes and checklists.
- NetSuite vs Sage: Sage offers diverse accounting software and ERP system options for various business sizes.
- NetSuite vs Quicken: Quicken is a personal financial planning tool, not an ERP system for business needs.
- NetSuite vs Hubdoc: Hubdoc automates document collection, feeding financial data into accounting software.
- NetSuite vs Expensify: Expensify is a dedicated expense management platform with automation for receipts.
- NetSuite vs AutoEntry: AutoEntry automates data entry from documents, enhancing accounting workflow.
- NetSuite vs FreshBooks: FreshBooks is a cloud accounting for service-based businesses, strong on invoice and time.
Frequently Asked Questions
Is QuickBooks Online or Desktop better?
It depends on your business needs. QuickBooks Online offers cloud access and automation. QuickBooks Desktop offers more advanced features for specific industries. Many prefer Online for flexibility and easier financial management.
When should a business switch from QuickBooks to NetSuite?
Businesses often switch when they outgrow QuickBooks Enterprise or QuickBooks Online Advanced. If you need robust enterprise resource planning, advanced automation, and integrated customer relationship management, NetSuite and QuickBooks might be too different. NetSuite offers more complex functionality for larger operations.
Can NetSuite integrate with QuickBooks?
While some integrations exist between NetSuite and QuickBooks, it’s generally not a seamless partnership. They serve different scales of businesses. Trying to force them to work together might lead to inefficiencies and require an additional cost for connectors.
What is the main difference between QuickBooks Enterprise and NetSuite?
QuickBooks Enterprise is a powerful QuickBooks product for larger SMBs with more users and inventory needs than other QuickBooks versions. NetSuite is a full-scale business management suite. It covers more than just accounting, including CRM, ERP, and more, for extensive business needs.
What kind of businesses benefit most from NetSuite?
Businesses that benefit most from NetSuite are often larger, complex organizations. They need a single system to automate all core processes, including accounting, inventory, sales, and CRM. Companies that outgrow the functionality of Intuit products like QuickBooks will find NetSuite’s comprehensive tools valuable for their financial management.
