NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
N/A
Sage 50
Score 8.3 out of 10
Small Businesses (1-50 employees)
Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.
$61.92
per month
Pricing
NetSuite ERP
Sage 50
Editions & Modules
No answers on this topic
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
Offerings
Pricing Offerings
NetSuite ERP
Sage 50
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
Annual billing plans also available for all products.
More Pricing Information
Community Pulse
NetSuite ERP
Sage 50
Features
NetSuite ERP
Sage 50
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
Ratings
147% below category average
Sage 50
8.9
Ratings
14% above category average
Pay calculation
1.00 Ratings
10.00 Ratings
Benefit plan administration
1.00 Ratings
8.60 Ratings
Direct deposit files
1.30 Ratings
8.00 Ratings
Salary revision and increment management
00 Ratings
8.90 Ratings
Reimbursement management
00 Ratings
8.90 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
Ratings
19% above category average
Sage 50
10.0
Ratings
27% above category average
API for custom integration
9.20 Ratings
10.00 Ratings
Plug-ins
9.90 Ratings
10.00 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
Ratings
17% above category average
Sage 50
8.9
Ratings
7% above category average
Single sign-on capability
9.70 Ratings
9.00 Ratings
Role-based user permissions
9.80 Ratings
8.70 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
Ratings
31% above category average
Sage 50
9.8
Ratings
22% above category average
Dashboards
9.90 Ratings
9.30 Ratings
Standard reports
9.90 Ratings
10.00 Ratings
Custom reports
9.90 Ratings
10.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
Ratings
2% above category average
Sage 50
9.2
Ratings
17% above category average
Accounts payable
8.60 Ratings
10.00 Ratings
Accounts receivable
8.60 Ratings
10.00 Ratings
Global Financial Support
9.90 Ratings
9.00 Ratings
Primary and Secondary Ledgers
9.90 Ratings
10.00 Ratings
Journals and Reconciliations
9.30 Ratings
9.20 Ratings
Configurable Accounting
9.90 Ratings
9.90 Ratings
Standardized Processes
9.90 Ratings
9.90 Ratings
Cash management
00 Ratings
8.90 Ratings
Bank reconciliation
00 Ratings
10.00 Ratings
Expense management
00 Ratings
8.50 Ratings
Time tracking
00 Ratings
8.30 Ratings
Fixed asset management
00 Ratings
6.80 Ratings
Multi-currency support
00 Ratings
6.90 Ratings
Multi-division support
00 Ratings
9.00 Ratings
Regulations compliance
00 Ratings
9.00 Ratings
Electronic tax filing
00 Ratings
9.80 Ratings
Self-service portal
00 Ratings
9.00 Ratings
Intercompany Accounting
00 Ratings
8.60 Ratings
Localizations
00 Ratings
10.00 Ratings
Enterprise Accounting
00 Ratings
10.00 Ratings
Centralized Rules Framework
00 Ratings
9.80 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
Ratings
14% above category average
Sage 50
9.4
Ratings
24% above category average
Inventory tracking
10.00 Ratings
10.00 Ratings
Automatic reordering
8.90 Ratings
8.90 Ratings
Location management
9.60 Ratings
10.00 Ratings
Manufacturing module
00 Ratings
8.90 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
Ratings
18% above category average
Sage 50
9.2
Ratings
17% above category average
Pricing
9.90 Ratings
9.90 Ratings
Order entry
8.30 Ratings
9.90 Ratings
Credit card processing
8.90 Ratings
7.90 Ratings
Cost of goods sold
9.50 Ratings
6.80 Ratings
Order Orchestration
9.90 Ratings
10.00 Ratings
End-to-end order visibility
00 Ratings
9.90 Ratings
Order exception Resolution
00 Ratings
10.00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
Ratings
6% above category average
Sage 50
-
Ratings
Billing Management
8.50 Ratings
00 Ratings
Cash and Asset Management
9.90 Ratings
00 Ratings
Travel & Expense Management
9.80 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
8.90 Ratings
00 Ratings
Period Close
9.90 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
Ratings
14% below category average
Sage 50
-
Ratings
Budgeting and Forecasting
6.00 Ratings
00 Ratings
Project Costing
6.00 Ratings
00 Ratings
Cost Capture
6.00 Ratings
00 Ratings
Capital Project Management
4.00 Ratings
00 Ratings
Customer Contract Compliance
9.90 Ratings
00 Ratings
Project Revenue Recognition
6.90 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
Ratings
50% below category average
Sage 50
-
Ratings
Project Planning and Scheduling
8.90 Ratings
00 Ratings
Task Insight for Project Managers
3.30 Ratings
00 Ratings
Project Mobile Functionality
3.00 Ratings
00 Ratings
Definable Resource Pools
3.60 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
82% below category average
Sage 50
-
Ratings
Award Lifecycle Management
3.50 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
Ratings
71% below category average
Sage 50
-
Ratings
Bids Analyzed and Compared
3.50 Ratings
00 Ratings
Contract Authoring
1.90 Ratings
00 Ratings
Contract Repository
3.50 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
3.60 Ratings
00 Ratings
Supplier Management
9.90 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
71% below category average
Sage 50
-
Ratings
Risk Repository
3.50 Ratings
00 Ratings
Control Management
1.90 Ratings
00 Ratings
Control Efficiency Assessments
3.50 Ratings
00 Ratings
Issue Detection
3.50 Ratings
00 Ratings
Remediation and Certification
3.50 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
Ratings
73% below category average
Sage 50
-
Ratings
Transportation Planning and Optimization
2.80 Ratings
00 Ratings
Transportation Execution Management
2.80 Ratings
00 Ratings
Trade and Customs Management
2.80 Ratings
00 Ratings
Fulfillment Management
9.90 Ratings
00 Ratings
Warehouse Workforce Management
2.50 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
Ratings
24% above category average
Sage 50
-
Ratings
Production Process Design
8.90 Ratings
00 Ratings
Production Management
8.90 Ratings
00 Ratings
Configuration Management
9.90 Ratings
00 Ratings
Work Execution
9.90 Ratings
00 Ratings
Manufacturing Costs
8.90 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.5
Ratings
18% above category average
Sage 50
-
Ratings
Forecasting
8.80 Ratings
00 Ratings
Inventory Planning
8.40 Ratings
00 Ratings
Performance Monitoring
8.90 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite suits a mid-sized company best where the organization uses multiple currencies in its day-to-day transactions. NetSuite is ready-to-use for businesses that follow financial standards. The more custom business processes there are, the more implementation is required. I would not recommend NetSuite to a large organization due to its performance issues. Additionally, the in-house bank reconciliation tool is not user-friendly for business purposes.
Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
Customizable Reports and Saved Searches allow much more maneuverability
Elimination Entries that are driven by advanced intercompany journal entries
Journal Entries can be entered in as basic or advanced intercompany to better represent the type of transaction occurred for reporting purposes
Training through the LCS module can help shed knowledge on a range of topics at a self paced learning basis
NetSuite ERP offers to all users a SuiteAnswers platform to pose frequently asked questions with answers generated from a combination of NetSuite ERP experts, users, and more recently AI based.
I like the automated guides to set up complex features of payroll formulas.
The business intelligence reporting seems very comprehensive, so that one could really "crunch the data" and analyze different aspects of their business.
Sage annually improves the performance and features of their program.
The out of the box reports are not appealing and take a bit to clean up during the end of the month. The set up of the reports can be quite tedious and not very intuitive. They need to do a better job of adding the drop and drag tool in a more visible way so that it is easy for the end user.
Sage needs to add the ability for the users (in a controlled environment) to manipulate the look and feel of the input screens. It gives you minimal options to add fields to certain areas.
The help feature does not have the "google" type of intelligence that allows you to search on phrases. If it is not exact, it does not do a very good job of filtering through items that you really don not need. I have used more of the internet searches to figure out my problem because it wasn't easy to pull up the help option in Sage.
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
It's beneficial if you know what you're doing, but it can be very confusing to find what you're looking for, and many things seem overly complicated or require too many steps to accomplish a simple task - which can be overwhelming for someone accustomed to QuickBooks.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
The support from Sage is quick, easy to understand and always relevant. They are very responsive to queries and this enables us to have very little down time if the product does fail for whatever reason. Having someone on the end of the phone who can solve your issues is invaluable.
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
Sage Accounting is better suited for smaller organisations with fewer transactions. The invoicing system of this piece of software is a superior tool, however. Sage HR is more commonly used for employees to access payslips and record things such as annual leave or overtime. Sage Intacct is likely a more practical solution for a larger organisation with a higher volume of transactions.
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
NetSuite ERP data is used for material reporting. That is like balance sheet and profit and loss reporting. It plays a key role in financial data management.
Too many customisation become hard to manage in over a period of time.
It has allowed for more emphasis on sales than data entry which has allowed the Wholesale division to grow
The "On Screen" credit status on the Sales Order feature has given the capability to free up inventory for paying Customers which increased Turnover, while keeping Past Due to a minimum
The Reporting has allowed for yearly, prior year and Budget Variance Reporting for the Sales Reps so they can stay or target
The Inventory Reporting and Receiving keeps a grasp on damaged based on Lots received which helps to notify the Parent company of production issues and monitor shrinkage
The Credit with Job and RGA capability give a clear view of which Customer are having warehouse issues or if we are having Freight Carrier issues