NetSuite vs Exact for Accounting

Struggling to choose between NetSuite and Exact for Accounting? Both products offer unique advantages, making it a tough decision.

NetSuite is a Business & Commerce solution with tags like cloud, saas, erp, crm, inventory, ecommerce.

It boasts features such as Cloud-based ERP, Financial management, Order management, Inventory management, Manufacturing, Supply chain management, CRM, Ecommerce, HR management, Business intelligence and pros including Cloud-based and accessible from anywhere, Integrated suite covering major business functions, Scalable, Customizable, Regular updates and new features.

On the other hand, Exact for Accounting is a Business & Commerce product tagged with accounting, bookkeeping, invoicing, financial-reporting, general-ledger.

Its standout features include General Ledger, Accounts Receivable, Accounts Payable, Banking, Inventory Management, Financial Reporting, and it shines with pros like Comprehensive accounting features, Suitable for small and medium-sized businesses, User-friendly interface, Integrates with various business applications.

Feature	NetSuite	Exact for Accounting
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

NetSuite

Description: NetSuite is a cloud-based ERP software that provides a suite of business management applications. It integrates ERP, CRM, PSA, inventory management, ecommerce, and other core business processes into a single platform.

Exact for Accounting

Description: Exact for Accounting is an accounting software designed for small and medium-sized businesses. It offers features for general ledger, accounts receivable, accounts payable, banking, inventory, and financial reporting.

Key Features Comparison

NetSuite Features

• Cloud-based ERP
• Financial management
• Order management
• Inventory management
• Manufacturing
• Supply chain management
• CRM
• Ecommerce
• HR management
• Business intelligence

Exact for Accounting Features

• General Ledger
• Accounts Receivable
• Accounts Payable
• Banking
• Inventory Management
• Financial Reporting

Pros & Cons Analysis

NetSuite

Pros

• Cloud-based and accessible from anywhere
• Integrated suite covering major business functions
• Scalable
• Customizable
• Regular updates and new features

Cons

• Can be expensive for smaller businesses
• Steep learning curve
• Limited integration with non-NetSuite products
• Dependence on vendor

Exact for Accounting

Pros

• Comprehensive accounting features
• Suitable for small and medium-sized businesses
• User-friendly interface
• Integrates with various business applications

Cons

• Limited customization options
• Relatively complex for basic accounting needs
• Pricing can be expensive for smaller businesses

Pricing Comparison

NetSuite

• Subscription-Based

Exact for Accounting

• Subscription-Based