Home Business A Small Business Owner’s Guide to NetSuite vs. Intacct

A Small Business Owner’s Guide to NetSuite vs. Intacct

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In the age of business management software, there’s a lot of options to consider. NetSuite and Intacct are two of the top performers on this stage, and both have cutting edge business management features.

NetSuite declares it has the number 1 cloud-based ERP (enterprise resource planning). Meanwhile, Sage Intacct claims it helps businesses achieve 250% ROI and payback in less than 6 months. 

So how do you know whether NetSuite vs. Intacct is right for your business? It’s time to identify the top features that make each platform shine. 

NetSuite vs. Intacct At Glance

NetSuite excels at general business management, especially for enterprises and international businesses. In contrast, Sage Intacct excels at accounting services on a smaller scale.

It’s important to note that these platforms each have standard management features. Both offer business tools designed for specific industries.

For instance, NetSuite offers features for manufacturing businesses. These features include supply chain and shop floor management. Sage Intacct has tools specifically for hospitality businesses like time-tracking and payroll. 

Both platforms have a unique list of industries they serve. Besides business, Intacct even provides services for nonprofits. 

Why Choose NetSuite?

NetSuite is a comprehensive software with features for most areas of business management. Here’s a list of its general features:

  • Enterprise Resource Planning (ERP)
  • Billing and order management
  • Accounting and Financials
  • HR management
  • Inventory and Sourcing
  • Marketing and sales management
  • Omnichannel Commerce
  • Customer Support

NetSuite is known for helping businesses grow. For example, BODYARMOR is one brand that used NetSuite to grow significantly.

After just four years, the company transitioned from a small, family-owned business to being the 3rd largest sports company in the United States.  

If you’re looking for a software that scales along with your business, NetSuite is a good choice. You can choose add-on and software extensions to you help you manage business as you expand.

The NetSuite price plans vary depending on which group of features you want. CRM (customer relationship management) and ERP (enterprise resource planning) are the two main plans.

Why Choose Intacct?

Sage Intacct is considered the leading accounting software for small businesses and enterprises.

It’s designed to automate the financial reporting process, which is why most of its features are related to core financials. This works well for businesses like GrubHub, which relies upon fast-paced time tracking and order management.

Its accounting features include:

  • Accounts payable
  • Accounts receivable
  • General Ledger
  • Order management and billing
  • Cash management
  • Budgeting and planning

Perhaps the biggest feature that Intacct doesn’t include is marketing and campaign management. While Sage Intacct focuses on accounting, it does include other functions such as ERP, inventory management, HR management.  

NetSuite vs. Intacct: Final Verdict

NetSuite and Intacct share similar functions but in general, these platforms are designed for different purposes.

Still wondering how NetSuite vs. Intacct compare?

If you need accounting services, Intacct is the software for you. However, if you need general business management that includes accounting, NetSuite is the software for you.

Because NetSuite includes more business management features, it’s a much more comprehensive platform than NetSuite.

Looking for more business management tips? Read more on the site to learn more!

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