As a business owner, you have a lot on your plate. You're responsible for managing your employees, keeping up with customers, and making sure your finances are in order. With so much to think about, it's easy to let things slip through the cracks. That's why it's important to have a good accounting software to keep track of your finances and help you stay organized. But with so many options on the market, it can be hard to decide which one is right for you. In this article, we'll compare two of the most popular accounting software programs on the market, NetSuite and FreeAgent, to help you decide which one is right for your business.
NetSuite
NetSuite is a cloud-based accounting software that has been on the market since 1998. It's one of the most popular accounting software programs available, and it's used by businesses of all sizes, from small businesses to large enterprises. NetSuite offers a wide range of features, including financial management, inventory management, order management, and customer relationship management (CRM). It's a comprehensive accounting software that can meet the needs of most businesses.
Features
As we mentioned, NetSuite offers a wide range of features to help businesses manage their finances. With NetSuite, you can track your income and expenses, manage your inventory, and keep track of your customer relationships. You can also create and send invoices, track your sales and customers, and run reports to see how your business is doing. NetSuite also offers a mobile app, so you can access your account and data from anywhere.
Pricing
NetSuite offers three different pricing plans, depending on the size of your business and your needs. The Starter plan is $999 per month and is best for businesses with 1-5 employees. The Mid-Market plan is $2,999 per month and is best for businesses with 6-250 employees. The Enterprise plan is $9,999 per month and is best for businesses with more than 250 employees. NetSuite also offers a free trial, so you can try it out before you commit to a plan.
Pros
NetSuite is a comprehensive accounting software that offers a wide range of features to businesses of all sizes. It's easy to use and navigate, and the mobile app makes it accessible from anywhere. NetSuite is also one of the most affordable accounting software programs on the market.
Cons
Some users have reported that NetSuite is difficult to set up and can be buggy at times. There have also been reports of customer service issues.
FreeAgent
FreeAgent is a cloud-based accounting software that has been on the market since 2007. It's designed for small businesses and freelancers, and it offers a wide range of features, including invoicing, time tracking, expense tracking, and project management. FreeAgent also offers a mobile app, so you can access your account and data from anywhere.
Features
FreeAgent offers a wide range of features to help small businesses and freelancers manage their finances. With FreeAgent, you can create and send invoices, track your income and expenses, track your time, and manage your projects. You can also track your sales and customers, and run reports to see how your business is doing. FreeAgent also offers a mobile app, so you can access your account and data from anywhere.
Pricing
FreeAgent offers three different pricing plans, depending on the size of your business and your needs. The Solo plan is $9 per month and is best for businesses with 1-2 employees. The Team plan is $29 per month and is best for businesses with 3-10 employees. The Business plan is $99 per month and is best for businesses with more than 10 employees. FreeAgent also offers a free trial, so you can try it out before you commit to a plan.
Pros
FreeAgent is an affordable accounting software that offers a wide range of features to small businesses and freelancers. It's easy to use and navigate, and the mobile app makes it accessible from anywhere. FreeAgent also offers excellent customer support.
Cons
Some users have reported that FreeAgent is difficult to set up and can be buggy at times. There have also been reports of customer service issues.
Conclusion
Both NetSuite and FreeAgent are excellent accounting software programs that offer a wide range of features to businesses of all sizes. They're both easy to use and navigate, and they offer mobile apps for access from anywhere. NetSuite is more affordable than FreeAgent, but FreeAgent offers better customer support.
So, which accounting software program is right for you? It depends on your needs and budget. If you're looking for an affordable accounting software with a wide range of features, NetSuite is a good option. If you're looking for an accounting software with excellent customer support, FreeAgent is a good option.