Developed by Oracle, NetSuite ERP is renowned for its scalability and customization. It’s a multi-tenant ERP software supporting various business needs such as finance, operations, sales, service, and HR.
NetSuite is better suited for small to mid-market companies and large enterprises. It excels especially in robust accounting and supply chain management capabilities. With built-in business intelligence, NetSuite offers advanced audit trails and is highly customizable.
However, NetSuite may not be the best choice for startups due to its complexity, and implementation often requires technical expertise. It also lacks field service management and heavy manufacturing support.
On the other hand, Sage 50c Accounting serves as accounting software that includes functions such as accounts payable and receivable, general ledger reporting, and inventory management. It’s best suited for small to mid-size companies.
Sage 50c shines with powerful job costing and robust financial reporting. Its accountant-first approach makes it intuitive for financial professionals, and users can customize reports specific to their industries such as construction, distribution, and manufacturing.
However, it falls short with poor inventory management and a dated user interface. Also, remote access to data is not available without a third-party add-on.
For most businesses, especially those with high growth potential, NetSuite ERP is often the better choice. Its scalability, customization, and extensive support for various business functions make it a more comprehensive choice. NetSuite’s web-based ERP system can adapt and grow with your business, making it a great long-term investment.
Sage 50c, while offering powerful job costing and robust financial reporting, is limited by its poor inventory management and lack of remote data access. It serves well for smaller businesses, particularly those in specific industries like construction, distribution, and manufacturing.
If you’re still uncertain, we recommend consulting our list of the best ERP software on the market.