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Sage Software vs. NetSuite ERP: An Overview

NetSuite ERP 1

As the digital age transforms organizations, many are looking for software solutions to meet their evolving needs. Luckily, there are several established platforms that can help your company grow. However, this comes with the downside of making the selection process confusing.

When it comes to the ERP software market, Sage and NetSuite are the leading solutions in the industry. Before you commit to either, a thorough analysis of both options is essential.

Let’s take a look at the pros and cons of each.

What Is Sage Software?

Founded in 1981, Sage is the third-largest ERP supplier globally, with over 6 million customers. The company started as an accounting software solution for small businesses and has since grown to include a wide range of related offerings. For comparison, we’ll stick to Sage 100 as it most closely matches NetSuite’s features.

Sage 100’s Pros

  1. Easy to Customize

Sage 100 is easy to customize and its dashboards can be easily manipulated to meet the user’s needs. Adding, removing, and modifying fields, tables, scripts, and other values is quite easy in Sage.

  1. It Can be On-Premise or in the Cloud

Sage has a desktop version that can be deployed on company premises. This is suitable for organizations that want to keep data more secure and available on-hand. For organizations that want a cloud solution, Sage offers web-based services too.

Sage 100’s Cons

  1. Requires its Own Hardware

While having the ERP on-premise has some benefits, it has downsides too. Maintaining hardware requires physical space and this can be inefficient as data needs increase. Additionally, you’ll also need IT staff to maintain the hardware and provide support if there are ever issues.

  1. No Multicurrency and Multi-Language Features

Sage 100 is currently only available in English and does not support any other languages. It also does not support multiple currencies at the same time, making it less useful for multinational operations.

What Is NetSuite ERP?

NetSuite ERP was founded in 1998 and has offered cloud solutions since its inception. The company started as a purely cloud-based accounting solution and then added more functions over time, eventually becoming a complete ERP tool. It was acquired by Oracle in 2016 for $9.3 billion and is poised to become the industry leader soon.

NetSuite ERP

NetSuite’s Pros

  1. Completely Web-Based

NetSuite is entirely cloud-based and does not have a desktop solution. This makes data implementation and consolidation much faster as transactions are recorded and viewed in real-time.

  1. CRM and E-Commerce Are Part of the Suite

Unlike Sage 100, where CRM and e-Business are external, the two are already integrated in the NetSuite platform. This allows users to seamlessly work on and analyze multiple sales support functions without switching platforms.

  1. Multicurrency and Multi-Language Features

NetSuite is available in many languages, including Japanese, Spanish, and German. It can also record transactions in many different currencies simultaneously, making it the perfect solution for multi-subsidiary firms.

NetSuite’s Cons

  1. Automatic Updates

Since the solution is cloud-based, updates occur automatically, which can be annoying for end-users at times. The good news is that the software sends out several reminders to ensure users know when upgrades are scheduled.

 

Manage Your Business with NetSuite Consulting Partners

At Ravenstone Solutions, we work exclusively with NetSuite, so our clients can benefit from our in-depth knowledge and experience of the ERP system. We stand behind NetSuite Cloud ERP because it can be tailored to fit the needs of all global businesses, regardless of the location or the industry they’re operating in.

To find out how you can grow your business with NetSuite Cloud Solutions, contact us at 1(800) 459-7128.

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