Accounting Software Throwdown: Sage Intacct vs. Netsuite
By: David Valade
Sage Intacct and Oracle NetSuite are two of the main accounting systems for the mid-market. Understanding the differences can help you find the right product for your organization. In this entry into the Accounting Software throwdown, we have Sage Intacct vs Netsuite. Let’s see which one comes out on top!
Best in Class vs Suite
When comparing Sage Intacct and Oracle NetSuite, both use differing and valid approaches to accomplish similar objectives. Oracle NetSuite uses a Suite approach to building out the system, which offers many advantages. Developers and Implementers of Oracle NetSuite write “suites of code” to extend the solution in creative ways. These coding options can make allocations, expenses, or fixed asset solutions behave in exactly way an organization may require. If your organization has an unusual or unorthodox process for dealing with, for example, amortizations, then the ability to program your own suite is not without its merits.
Sage Intacct operates under a Best-in-Class approach. This means having robust native functionality for many of the modules you may otherwise create within a Suite (Global Consolidations or Allocations, for example). But rather than develop a Suite of code that needs to be developed and maintained, Sage Intacct prefers to allow organizations to add pre-existing marketplace solutions. Take, for example, the area of Time and Expense. Sage Intacct has a native Time and Expense solution that can be tailored to fit the most common use cases. But rather than program a Suite of code to extend that module to your organization’s needs, a long list of integrating marketplace solutions – all with different price points and feature sets – can be added at any time.
Sage Intacct prefers this approach because these solutions require no additional development time, and no suite of code needs to be written within the solution and maintained into the future.
Truth be told, both approaches are valid, and each comes with its own advantages.
Reviews
On the acclaimed review site G2.com, both solutions boast favorable reviews. G2 is not affiliated with any solution, and users are allowed to write reviews. Whether researching Sage Intacct or Oracle NetSuite reviews, users are able to compare ratings and read specifics to gain insight.
Price and Timeline
Here again, different philosophies are at play. Oracle NetSuite includes more modules and charges a higher price for their entry-level solution. NetSuite does include more modules in its core to justify the higher price. Sage Intacct has a lower price point and allows users to scale up on a module-by-module basis.
Sage Intacct Core | Oracle NetSuite Core |
– General Ledger – Accounts Payable – Accounts Receivable – Cash Management (EFT, etc.) – Purchasing – Order Management – Reporting & Dashboards – Collaborate | – General Ledger – Accounts Receivable – Accounts Payable – Bank Management – Purchasing – Order Management – Credit Cards, ACH, EFT – Multi-Currency & Multi-Language – Item & Inventory Management – Limited Project Management – Limited Employee Center |
Timelines can vary widely based on numerous factors, of course. If the Oracle NetSuite option includes non-trivial amounts of coding then timelines to go-live will be longer to allow for that development, testing, and documentation. Likewise, if a custom integration is required for Sage Intacct, that can add time to the schedule as well.
Which software is right for you?
Both solutions have great functionality. Reach out to our team for a free consult to assist in your search. You can give us a call at 855.913.3228 or shoot us an email at info@altavistatech.com. You can even fill out our simple web form and someone will reach out to you within 1 business day! At Alta Vista Technology we take pride in being part of your solution.