Cloud ERP System
Forbes Advisor
best-cloud-erp-software
IFS
https://www.ifs.com/ifs-cloud/ifs-cloud-overview
Acumatica
--Q1: Need AWS?
find local ERP-Adoption-Playbook-CTOs-and-CIOs-220322.pdf
Acumatica was designed from the start to be accessible both through the cloud and on-premises using modern web technology. We offer access to your data anytime, flexible licensing options, and no cost for adding users, lowering your company’s TCO.
We believe Acumatica provides the best price/value, performance, functionality, and ease of use of any ERP product available for small- and medium-sized businesses.
Read the G2 Crowd survey showing how users compared Acumatica against NetSuite in nine categories, including: Ease of use, ease of doing business with, meets requirements, and ROI.
File:Acumatica-vs-NetSuite-Ratings-Summary-G2-10-29-2021-1.pdf
acumatica-vs-netsuite (from Acumatica)
https://www.acumatica.com/erp-comparison/comparing-acumatica-vs-netsuite/
File:How-to-Compete-vs-NetSuite.pdf
acumatica-vs-microsoft-dynamics-365-business-central (from Acumatica)
DESC:
- Acumatica was founded in 2008 by John Howell, Serguei Beloussov and Mike Chtchelkonogov, who worked at Parallels and brought six team members over with them. Many of the early leaders had backgrounds with Microsoft’s Solomon ERP system in the software reseller channel. In March 2022, Acumatica ushered in a new CEO, John Case who led Unify Square through its sale to Unisys in 2021. Prior to that Case held leadership roles for Microsoft Office 365, and Microsoft’s worldwide OEM division. It was acquired by private equity fund EQT Partners in 2019.
- 10K customers
Microsoft Dynamics 365 Business Central
https://dynamics.microsoft.com/en-ca/business-central/overview/
Business Central is based on Dynamics NAV. Dynamics NAV was originally developed in the 1980s. Although many improvements have been made to NAV to run in the cloud as Business Central, at its core it still relies on old software techniques and architectures.
Oracle NetSuite OneWorld
https://www.netsuite.com/portal/products/global-business-management.shtml
acumatica-vs-netsuite (from Oracle)
https://www.netsuite.com/portal/netsuite-vs-acumatica.shtml
ADV:
- NetSuite is better suited for growing businesses and offers international business, capabilities that Acumatica struggles with, including multi-subsidiary consolidation, multi-currency and multi-language capabilities and compliance with international taxes and regulations. NetSuite also makes building custom reports easier for everyday users who are not developers.
- NetSuite was the first cloud ERP system on the market.
- In 2016, NetSuite was acquired by Oracle for $9.3 billion, and the company is now run as a separate business unit within Oracle. Backed by Oracle, NetSuite was able to more quickly expand its international operations and open new data centers that use the Oracle Cloud Infrastructure(opens in new tab).
- 36K customers
- Most importantly, NetSuite is the preferred vendor for fast-growing businesses. NetSuite is built with real-time data entry, while Acumatica uses batch-based entry at the subledger level, which can make reporting difficult.
- NetSuite does offer some core accounting functionality that Acumatica does not. NetSuite allows customers to keep more than one book, referred to as multi-book accounting.
Background
Established in 1998, NetSuite went public in 2007 and was acquired by Oracle in 2016. Written before many of the latest web technologies were standardized, Oracle NetSuite continues to be limited in their deployment options, their customization language, and their database export capabilities.