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October 15, 2014

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Hi Ralph:

Thanks for sharing these insights - most appreciated!

Those are some serious figures being tossed out there for NetSuite.

I work with some NetSuite consultants and will ask them to weigh in on these figures if they can.

Scott Gregory

I had seen prices similar to this for NetSuite ($11-12K per year). I contacted NetSuite and a sales rep called me. We had a lengthy conversation about our business - we are a small wholesale bakery with 40 employees and 10 users of our accounting system. The NetSuite sales rep gave a rough cost estimate of "$40,000 to $90,000 and possibly more per year". This was an annual recurring cost not an implementation cost. He said the first year, with the implementation cost, would be about 2 times this amount. This is obviously not anywhere near the cost of QuickBooks Enterprise and well out of reach for us.

Some reader comments that were submitted via e-mail:

> Frank H writes:
"Excellent post – your observations, analysis/comparisons, and recommendations are spot on!
Thanks…"

> Steve B writes:
"Very disappointed with the QB decision to force Enterprise clients into a subscription service. This will more than double, and maybe triple our accounting program costs. I will definitely be seeking an alternative when the time comes."

> Lu H writes:
"I am annoyed by the subscription addition because we are a 1-user small company whose database outgrew QB Pro. We have to keep so much information readily available because we issue licenses to reproduce the choral music we sell and these licenses always list all materials they have purchased. So we switched to Enterprise. By adding a subscription on top of the support plan cost, that really impacts us."

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