Oracle NetSuite users cannot directly export their data in a relational format, making it difficult and costly to migrate their data. Acumatica will never hold your data hostage—our built-in automated backup service and snapshot feature allow you to have a fully relational copy of your data at any time.

Both products are highly configurable, but Acumatica is built using industry-standard C# and .NET. Oracle NetSuite uses proprietary development tools, making customizations more difficult.

To support its required multi-tenant model, Oracle NetSuite limits when users can update their software. Acumatica provides users with the option to upgrade at any time; Oracle NetSuite charges users for this option.

Both products are available through public cloud subscription licensing (SaaS), but Acumatica also offers alternate options to accommodate customers’ unique requirements. 

While both products are available in the cloud, Acumatica also supports on-premises and hybrid deployments for companies that want to keep sensitive data in-house.

QuickBooks fulfills the basic accounting needs of fledgling businesses, but as your company grows, your financial requirements become more complex. Acumatica specializes in and delivers the core accounting features you need to run your business, like general ledger, accounts receivable, accounts payable, and bank feeds. But it also provides advanced functionalities designed to grow with you.

• Tax Management – secure flexible tax reporting, handle sales tax exemption certificates, streamline tax zone reporting, and gain a complete audit trail.
• Payroll Management – easily set overtime rules, manage deductions and benefits, set up pay groups and employee classes, and define earning type codes.
• Global Accounting – use multiple base currencies, manage multicurrency pricing, and automate buy/sell relationships between entities across borders.
• Acumatica also provides Deferred Revenue Accounting, Fixed Assets Management, Recurring Revenue Management, and more.

As your business grows and expands locally and globally, you will need to manage multiple entities, currencies, and localizations simultaneously. To achieve this, you want a centralized system that goes beyond just accounting to integrate all your business operations. This keeps all your teams connected to the same set of real-time financial and operational data, fostering company-wide collaboration and informed decision-making.

Multi-Entity and Intercompany Accounting allows you to centralize purchasing, invoicing, and reporting for multiple businesses and teams, automatically allocate accounting transactions among companies, and link bank accounts to specific companies for their exclusive use.

Acumatica offers a collection of financial reporting and analytic resources that goes far beyond balance sheets and cash flow statements, enabling you to see the health of your company at a glance and quickly spot good or bad trends. Acumatica has a full set of essential reports that can be used out-of-the-box to access real-time data from the system. Easily modify reports, create new reports, and generate pivot tables, directly within Acumatica.

Acumatica’s native mobile app boosts productivity by providing 24/7 remote access to ERP data on iOS and Android devices, allowing users to view accounts, manage approvals, start field service appointments, capture field reports, and retrieve real-time information. You can quickly check order statuses, review stocking levels by warehouse, and manage your business by exception. The app also supports capturing expense receipts, time entries, and electronic signatures on the go—all from a customizable mobile workspace with widgets, favorites, and KPIs to meet individual user needs and priorities.

Acumatica has an integrated CRM solution for managing leads, contacts, opportunities, and more. Having all accounting, marketing, sales, billing, and financial data in a unified database enables businesses to make better decisions with a single, accurate set of real-time data. With an integrated CRM-ERP solution, every aspect of the customer’s journey is connected to this same dataset, providing businesses with an instant, 360° view of all customer information.