QuickBooks VS NetSuite
The decision to switch from QuickBooks to NetSuite depends on your specific business needs and requirements. NetSuite offers a more comprehensive suite of business management tools and can be a better fit for growing businesses with complex accounting needs looking to automate manual processes. Curious to see if NetSuite may be a good replacement for your organization? We recommend consulting with a software expert to make the most informed decision. Click the button below to chat with a NetSuite expert about your options.
What Can I Do in NetSuite That I Can't Do in QuickBooks?
NetSuite offers a range of features and functionalities that are not available in QuickBooks. Some of the things you can do on NetSuite that you can't do in QuickBooks include:
Advanced financial management capabilities: NetSuite provides more sophisticated accounting and financial management tools, such as multi-currency management, fixed asset management, revenue recognition, multi-subsidiay consolidation, and budgeting and forecasting.
Robust inventory management: NetSuite offers advanced inventory management features, such as demand planning, order management, and advanced shipping and fulfillment options. Growing companies running on QuickBooks will eventuallly need an additional inventory solution, as QuickBooks only covers very simple Wholesale Distribution or Manufacturing needs.
Integrated CRM: NetSuite includes a built-in customer relationship management (CRM) system that allows you to manage customer interactions and data in one place.
E-commerce and omnichannel capabilities: NetSuite provides tools for managing online sales, including e-commerce integration, order management, and inventory management.
Project management: NetSuite allows you to manage projects, including tracking time and expenses, and project profitability.
Customization: NetSuite is highly customizable, allowing you to tailor the software to your business needs, including creating custom fields, workflows, and reports.
Industry-Specific Versions: NetSuite offers industry-specific versions that are tailored to meet the needs of different industries. These versions include preconfigured solutions, best practices, and industry-specific features, allowing businesses to implement NetSuite more quickly and with less customization. Some of NetSuite's industry-specific versions include: retail, manufacturing, wholesale distribution, services, and non-profits.
How Long Would It Take to Switch from QuickBooks to NetSuite?
The time it takes to switch from QuickBooks to NetSuite can vary depending on the complexity of your business operations, the amount of data you need to migrate, and the level of customization required. Here are some factors that may affect the time it takes to switch:
Data migration: The amount of data you need to migrate from QuickBooks to NetSuite can affect the time it takes to switch. If you have a large amount of data, it may take longer to migrate and verify the accuracy of the data.
Customization: If you require a high level of customization in NetSuite, it may take longer to set up and configure the software to meet your business needs.
Training: You will need to train your employees on how to use NetSuite, which can take time and may affect productivity during the transition period.
Testing and verification: It's important to thoroughly test and verify the accuracy of your data in NetSuite before going live to ensure a smooth transition.
In general, the time it takes to switch from QuickBooks to NetSuite can range from several weeks to several months, depending on the complexity of your business and the amount of data to migrate. It's important to work with a trusted NetSuite partner or consultant to ensure a successful transition.
Ask NetSuite Experts a Question
Challenges Facing QuickBooks Clients and How GSI Can Help
Challenge
Disparate systems
Solution
One central system, making scaling up and gaining full visibility across your organization a reality
Challenge
Wasting time and money on manual processes
Solution
Powerful automation capabilities that can streamline and automate manual processes such as order management, accounting and financials, inventory management, procurement, e-commerce, project management, reporting, and more
Challenge
Keeping pace with emerging trends
Solution
Gain complete visibility to enable better decisions
Challenge
Time tracking and accurate project estimation
Solution
A unified vision of all projects in one system to improve resource utilization
Working with GSI NetSuite Experts
The GSI NetSuite team consists of former CFOs, CEOs, supply chain experts, accountants -- people with real business experience.
Most of our consultants are also accountants. We take an accounting-first approach to every implementation, where we see many other firms starting with customizations or "changing" NetSuite.
We challenge our clients with a real-world understanding of how business process changes within the software will affect the overall business.
We have a senior-level, 100% US based implementation team. Our consultants average 10+ years of experience in the NetSuite ecosystem.
In addition to new implementations, we offer other services, including:
NetSuite License Resale to get you the best deal on your NetSuite licenses and renewals. Click here to get a free NetSuite price quote!
NetSuite SuiteCare Support - our #1 rated NetSuite support offering staffed with dedicated resources that perform a business-first discovery of your organization in efforts to become familiar with your account and make better informed consulting recommendations.
NetSuite SuiteAlign Project Rescue - for NetSuite implementations gone wrong that need to get back on track ASAP.
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