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 8.2 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 per user
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
Yes
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
15 Ratings
147% below category average
Sage 50
8.9
18 Ratings
15% above category average
Pay calculation
1.013 Ratings
10.017 Ratings
Benefit plan administration
1.010 Ratings
8.712 Ratings
Direct deposit files
1.39 Ratings
8.113 Ratings
Salary revision and increment management
00 Ratings
8.913 Ratings
Reimbursement management
00 Ratings
8.913 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
74 Ratings
19% above category average
Sage 50
10.0
12 Ratings
27% above category average
API for custom integration
9.264 Ratings
10.010 Ratings
Plug-ins
9.947 Ratings
10.011 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
81 Ratings
17% above category average
Sage 50
8.9
26 Ratings
7% above category average
Single sign-on capability
9.762 Ratings
9.121 Ratings
Role-based user permissions
9.880 Ratings
8.823 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
72 Ratings
31% above category average
Sage 50
9.8
28 Ratings
22% above category average
Dashboards
9.971 Ratings
9.327 Ratings
Standard reports
9.970 Ratings
10.028 Ratings
Custom reports
9.970 Ratings
10.027 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
275 Ratings
2% above category average
Sage 50
9.2
31 Ratings
17% above category average
Accounts payable
8.4269 Ratings
10.030 Ratings
Accounts receivable
8.4248 Ratings
10.029 Ratings
Global Financial Support
9.926 Ratings
9.04 Ratings
Primary and Secondary Ledgers
9.928 Ratings
10.06 Ratings
Journals and Reconciliations
9.341 Ratings
9.218 Ratings
Configurable Accounting
9.935 Ratings
9.98 Ratings
Standardized Processes
9.937 Ratings
9.912 Ratings
Cash management
00 Ratings
8.929 Ratings
Bank reconciliation
00 Ratings
10.029 Ratings
Expense management
00 Ratings
8.527 Ratings
Time tracking
00 Ratings
8.413 Ratings
Fixed asset management
00 Ratings
6.918 Ratings
Multi-currency support
00 Ratings
7.111 Ratings
Multi-division support
00 Ratings
9.014 Ratings
Regulations compliance
00 Ratings
9.013 Ratings
Electronic tax filing
00 Ratings
9.815 Ratings
Self-service portal
00 Ratings
9.111 Ratings
Intercompany Accounting
00 Ratings
8.77 Ratings
Localizations
00 Ratings
10.06 Ratings
Enterprise Accounting
00 Ratings
10.07 Ratings
Centralized Rules Framework
00 Ratings
9.85 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
48 Ratings
14% above category average
Sage 50
9.4
17 Ratings
25% above category average
Inventory tracking
10.047 Ratings
10.017 Ratings
Automatic reordering
8.928 Ratings
8.910 Ratings
Location management
9.635 Ratings
10.08 Ratings
Manufacturing module
00 Ratings
8.98 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
220 Ratings
18% above category average
Sage 50
9.2
22 Ratings
17% above category average
Pricing
9.953 Ratings
9.917 Ratings
Order entry
8.0216 Ratings
9.919 Ratings
Credit card processing
8.937 Ratings
8.012 Ratings
Cost of goods sold
9.548 Ratings
6.919 Ratings
Order Orchestration
9.921 Ratings
10.06 Ratings
End-to-end order visibility
00 Ratings
9.97 Ratings
Order exception Resolution
00 Ratings
10.06 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
216 Ratings
5% above category average
Sage 50
-
Ratings
Billing Management
8.3205 Ratings
00 Ratings
Cash and Asset Management
9.927 Ratings
00 Ratings
Travel & Expense Management
9.831 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
8.927 Ratings
00 Ratings
Period Close
9.935 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
32 Ratings
14% below category average
Sage 50
-
Ratings
Budgeting and Forecasting
6.026 Ratings
00 Ratings
Project Costing
6.023 Ratings
00 Ratings
Cost Capture
6.022 Ratings
00 Ratings
Capital Project Management
4.014 Ratings
00 Ratings
Customer Contract Compliance
9.913 Ratings
00 Ratings
Project Revenue Recognition
6.922 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
17 Ratings
51% below category average
Sage 50
-
Ratings
Project Planning and Scheduling
8.914 Ratings
00 Ratings
Task Insight for Project Managers
3.311 Ratings
00 Ratings
Project Mobile Functionality
3.010 Ratings
00 Ratings
Definable Resource Pools
3.68 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
12 Ratings
82% below category average
Sage 50
-
Ratings
Award Lifecycle Management
3.57 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
19 Ratings
71% below category average
Sage 50
-
Ratings
Bids Analyzed and Compared
3.58 Ratings
00 Ratings
Contract Authoring
1.910 Ratings
00 Ratings
Contract Repository
3.58 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
3.613 Ratings
00 Ratings
Supplier Management
9.913 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
11 Ratings
71% below category average
Sage 50
-
Ratings
Risk Repository
3.58 Ratings
00 Ratings
Control Management
1.911 Ratings
00 Ratings
Control Efficiency Assessments
3.57 Ratings
00 Ratings
Issue Detection
3.58 Ratings
00 Ratings
Remediation and Certification
3.58 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
17 Ratings
73% below category average
Sage 50
-
Ratings
Transportation Planning and Optimization
2.89 Ratings
00 Ratings
Transportation Execution Management
2.88 Ratings
00 Ratings
Trade and Customs Management
2.88 Ratings
00 Ratings
Fulfillment Management
9.914 Ratings
00 Ratings
Warehouse Workforce Management
2.511 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
16 Ratings
24% above category average
Sage 50
-
Ratings
Production Process Design
8.912 Ratings
00 Ratings
Production Management
8.914 Ratings
00 Ratings
Configuration Management
9.910 Ratings
00 Ratings
Work Execution
9.912 Ratings
00 Ratings
Manufacturing Costs
8.914 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.4
141 Ratings
17% above category average
Sage 50
-
Ratings
Forecasting
8.817 Ratings
00 Ratings
Inventory Planning
8.0138 Ratings
00 Ratings
Performance Monitoring
8.914 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Best suited for mid-market to lower scale enterprises (under 2,000 employees) especially if migrating from Quickbooks or another fragmented small business system. Also, multi-entity and global operational businesses are very well suited as there is robust functionality around multi-subsidiary, multi-currency and multi-tax controls. Finally, businesses with inventory & supply chain heavy businesses would find the functionality very useful as the system allows warehouse management, lot/batch tracking, fulfillment, etc. Not well suited for startups (a lot of functionality not needed) or very small businesses (under $3mm in revenues). Overkill in complexity and cost and implementation leg-work is necessary relative to the underlying operations of the business. Also, companies with a heavy manufacturing business (shop floor execution) lacks depth with true manufacturing ERPs like Epicor, Infor, etc. and companies expecting consumer grade UX feels like the interface isn't modern or very intuitive right out of the box.
Sage 50 Accounts is well-suited for small to medium-sized enterprises, where there is a moderate number of expenses and invoices that need processing, typically by a company with a smaller finance team. Sage 50 is probably less suitable for a large organisation that needs to handle a higher volume of transactions and manage significant stock levels.
We can build "templates" for recurrent charges/invoices. This saves some time and also ensures that we always use the right accounting rubric.
A lot of additional information can be filled out such as client information (name, address, ...) which makes the software a little more complete.
If you don't need an updated version every year (my case) then the software is not too expensive. The pro version that I'm using was just a little over $300.
I really like the banking statement consolidation which allows you to ensure you got the right information registered.
The area for the largest improvement needed is the implementation process. Especially when it comes down to an accounting based ERP setup rather than a CRM model. The experts should have accounting backgrounds in addition to the system knowledge for implementation.
There should be more training focused on the Dashboards and the maneuverability of the data focused for each graph or report within the dashboards.
The AP system is a little problematic with more complex company hierarchy. Due to the AP Invoice headers being driven by "main line" but the expense distribution being driven by journal entries - the AP aging is hard to verify the accuracy and can be distorted by different types of transactions.
Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
Fixed assets management module needs to be included with unlimited number of fixed assets.
NetSuite is able to cover all of our needs, spanning multiple departments and managerial levels. We use it daily for a multitude of functions, including creating promotions, estimating inventory, pulling historical reports, forecasting sales, and more. Overall, we're very satisfied with NetSuite as an ERP solution and recommend it to medium to large businesses.
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.
NetSuite is a cloud tool, and is easy to implement for mid-sized organizations. It comes with standard forms/ printing layouts, and financial reporting (both summary and detailed), which are very handy for business users. In addition to these, with 99.99% service availability, NetSuite makes it one of the most reliable ERP tools available on the market.
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.
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
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
I felt NetSuite Professional Services did an excellent job of guiding us in the implementation. I also felt our internal teams were a little resistant to the change and engagement of new software. Had we performed better engaging and buying into the new software, I would be able to rate the implementation better. Therefore, the lower number should not be viewed as a deficiency with the software or the professional services teams, but as an reminder of how important complete buy-in from the local users is.
We implemented Sage 50 Premium Accounting in house, not using any third party or professional service. It was a relatively trouble free process, but can be tricky. Just read all instructions carefully, especially if you need to load the program on a network with more than one user
QuickBooks Online is, by far, a better and easier-to-use product for smaller companies. Only switch to Netsuite if you have to. We switched to NetSuite because we have numerous subsidiaries, and QuickBooks would not be able to handle the complexity.
As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
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.
Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.