13 posts categorized "Alternatives to QuickBooks"

QuickBooks Enterprise vs. NetSuite: Part 1 - What's Your Objective?

If your business is outgrowing the Pro or Premier editions of QuickBooks, you're probably looking around for another solution to better meet your needs.

Your research has led you to a couple of potential options - QuickBooks Enterprise and NetSuite.

Which one is the better choice?

Full Disclosure: I am a reseller for QuickBooks Enterprise and an affiliate sales rep with Brainsell who represent NetSuite.

WHAT IS YOUR PRIMARY FOCUS - CHEAPEST OR BEST FIT?

Having worked with small businesses of varying shapes and sizes over the last thirty years, I've seen them dig into a software evaluation and selection process like this from all different angles.

However, one of the primary decision points that brews to the top of those conversations is - "which one is the cheapest"?

My first response to that thought would be to remember that the cheapest may not be the best, especially when it comes to the software you will rely on every day to power your business.

THE CHEAPEST?

Generally speaking, QuickBooks Enterprise is going to get the nod for being cheaper than NetSuite. Pricing for Enterprise starts at $3,300 for a 5 user package and scales up to $8,800 for a 30 user bundle. Remember, these are list prices - discounts on QuickBooks Enterprise are usually available.

Remember, these values are for the software only - the costs of installation, data migration, training, and IT support costs will be extra.

By comparison, a NetSuite solution for 5 users would generally start about $8,000 or so and work up from there.

THE BEST FIT?

If you're thinking beyond the checkbook toward the solution that is the best fit for your growing business, the conversation gets MUCH more interesting (and complex).

Here is a perfect example - QuickBooks Enterprise doesn't have much to offer in the way of a CRM module. Sure, it has a "customer module" to track basic customer information, but compared to a traditional CRM solution, it isn't even in the same league.

There is an entire eco-system of software products that "plug-in" to QuickBooks Enterprise, and several that focus very nicely on the CRM space. But once you go there, you're now talking about an additional investment in software, training, etc. for the CRM package that plugs in. The economics of the QuickBooks Enterprise vs NetSuite can change quickly at this stage.

NetSuite comes bundled with a full CRM solution as part of the base pricing - no plug-in required and no concerns about the issues that sometimes revolve around integrating different software packages. It's all under one roof.

Of course, CRM is just one aspect of the QuickBooks Enterprise vs. NetSuite discussion. There are several others as well, and I'll be reviewing those in future posts.

LEARN MORE

QuickBook Enterprise

NetSuite

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Alternative to QuickBooks Online: LessAccounting

If your business is considering cloud-based accounting software, one of the first options that comes to mind is QuickBooks Online.

However, it is important to know there are alternatives as well. One of those I'd like to introduce to you is called LessAccounting.

Here is a short video I created that gives you an overview of LessAccounting:

 

Naturally, you'll want to evaluate the features and benefits of any accounting software package against the needs and requirements of your business. LessAccounting could be a good solution for many small businesses, but those with more complex accounting (think inventory or job costing for example) may find that it doesn't work for them.

In addition, here is a handy page that offers a feature comparison of LessAccounting vs. other accounting software packages.

ARE YOU DOING YOUR ACCOUNTING IN THE CLOUD?

Feel free to share your experiences with LessAccounting, QuickBooks Online or any other solution you have been considering or using in the comment box below - love to hear them!

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Win a Full Year of Solo FreshBooks - A $240 Value

It took me a while, but I finally got it...

QuickBooks is simply overkill for many businesses. They don't need a full-blown general ledger and the related complexity to track the finances of their business. But in many cases, it is the only choice that their accountant provides them or the only solution they see when visiting the big box retailers.

THE FRESHBOOKS ALTERNATIVE

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I have forged a relationship with the folks at FreshBooks to provide a very viable alternative to those businesses that don't need the horsepower of QuickBooks and that desire to have anytime, anywhere access to their books.

To kick off that relationship, we have put together an opportunity for you to win a full year of their Solo FreshBooks product. That's right - a $240 package could be yours for free!

To enter the contest - all we ask is that you answer a few questions about how you keep informed about ways to keep your business sharp. That's it!

The winning entry will be selected and the winner set up with a full year of the Solo FreshBooks product for free.

Good luck!

Questions about FreshBooks? Give them a call at 877-262-5122.

Last date for entries: Friday, August 27, 2010 @ midnight EDT.One entry per person. Void where prohibited.

 

 

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