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Why Acumatica Outpaced NetSuite on the Most Recent G2 Survey
/in Blog, ERP Software /by Chris HigginsProspective buyers of ERP software often compare Acumatica cloud ERP with Oracle NetSuite. The two solutions are broadly comparable, but with some notable differences. In March of this year, a survey by G2 Crowd, the world’s leading business software review platform, revealed a preference for Acumatica when compared with NetSuite.
What Acumatica and NetSuite have in common
Acumatica and NetSuite have similar features in many function areas. Both solutions offer Software-as-a-Service (SaaS) options in the cloud. They both integrate Enterprise Resource Planning (ERP), Customer Resource Management (CRM), e-commerce and Business Intelligence (BI). They both enable mobility. Each has several dedicated industry packages, e.g. for manufacturing, distribution and so forth.
Differences between the solutions
What’s different between the two solutions? For one thing, regarding deployment, Acumatica gives its users a choice between on-premises, cloud and hybrid architectures. In contrast, NetSuite is only available in the cloud with a multi-tenant architecture.
Other distinctions include:
Understanding the G2 user satisfaction ratings
The G2 user satisfaction ratings reveal some telling comparisons between Acumatica and NetSuite, however. Acumatica outperformed NetSuite in several categories. Acumatica users found the solution easier to use (82% of Acumatica users rated the solution for “Ease of use” vs. 74% for NetSuite.) Acumatica is evidently an easier company to do business with. (84% of Acumatica users cited “Ease of Doing Business With” vs. 71% for NetSuite.)
Other categories where Acumatica found higher satisfaction among G2 reviewers include:
Asked “Is the product headed in the right direction,” 88% of Acumatica users agreed, versus 68% of NetSuite users. In terms of Return on Investment (ROI), 30% of Acumatica user predicted they would see ROI with 12 months. For NetSuite, the figure was 23%. The numbers were the same for customers expecting ROI with 13-24 months: 30% for Acumatica vs 23% for NetSuite. For the long term, 5% of Acumatica users felt ROI would come in more than 48 months vs. 11% for NetSuite.
Get the full report here.
The G2 findings are compelling. To figure out if Acumatica is right for your business, you’ll have to see for yourself. Learn more about comparing Acumatica vs. NetSuite. We can help. We have guided many clients in their decision about which ERP solution is the best for their particular business. Contact us to learn more.
What is ERP Software?
/in Blog, ERP Software /by Chris HigginsWhat is ERP software? That’s easy. ERP stands for “Enterprise Resource Planning.” That’s what ERP does. But, what is enterprise resource planning, anyway? The software that bears this name has evolved so much since it was first invented that many people have lost track of what the term actually means.
In the 1970s, when ERP was new, it was super easy to explain what ERP did. Enterprises wanted software to help them plan for the resources they needed to operate. This was mostly in manufacturing contexts. If your company made cars or bulldozers, for instance, your ERP software (which ran on a mainframe computer) guided you in terms of how much steel, how many parts, and so forth to order—and when. The ERP software in those days helped with managing the supply chain. In some cases, they connected with General Ledger accounting software.
Modern ERP functionality
Today, this kind of nuts and bolts functionality is really just one element of ERP. Now, ERP software is a suite of tools that cover almost every area of business operations and finances. Most ERP solutions today are modular. You can buy modules that cover the following functions:
In addition, most modern ERP packages offer the option of adding modules for Customer Resource management (CRM) and human resource management (HR) as well as industry-specific editions. You can get ERP for the automotive industry, for food manufacturing, transportation, import/export and so forth.
ERP deployment
Deployment options have also proliferated for ERP. Originally, ERP, like most other software on the market, was only for on-premises installation. Today, you can continue to run ERP on premises if you wish. But, you can also get it on a Software-as-a-Service (SaaS) basis, where you host nothing and get the full software feature set through a browser. You can deploy ERP on a private cloud. You can arrange for hosting through a managed services provider (MSP). Or, you can run ERP on the public cloud. Both Amazon Web Services (AWS) and Microsoft Azure now offer sophisticated ERP options on demand.
ERP implementation
ERP has gotten more economical to purchase and a bit easier to install than it once was. The software still represents a commitment of time and resources, however. Given its centrality to running your business, this should make sense. It takes focus and attention to detail to get ERP right.
In some cases, an implementation partner can be helpful in selecting and setting up ERP. We can help in this regard. We work with Acumatica cloud ERP, for instance. We have extensive experience in working with clients in the important pre-implementation discovery and thought process. This work involves looking closely at business processes, structure and strategy to determine the best approach to ERP. It establishes which ERP modules are required initially and which can be purchased later, if at all. Then, we work in collaboration with your IT department and business stakeholders to implement ERP so it becomes the operational and financial core of your business.
Additional ERP Resources
5 Benefits of ERP for Accounting and Financial Management
Qualities to Look for in a Cloud ERP
How to Improve Efficiency with a New ERP Solution
Finding the Productivity Advantage in Distribution Management
/in Blog, Distribution Industry, ERP Software /by Chris HigginsWhat’s the right Distribution Management System for your business? Obviously, there’s no universally correct answer to this question. Every business has its own unique needs. However, based on our experience working with companies that have adopted the Acumatica Cloud ERP for Distribution Management, we recommend it in most situations. There are many reasons for this, one of which is the productivity advantage inherent in the solution.
The Importance of Productivity in Distribution Management
Productivity, in the context of information work, refers to how many tasks an employee can complete in a given amount of time. In non-structured work like managing a distribution business, it can be difficult to measure productivity accurately. However, it is definitely possible to identity ways that distribution management software can make your team work more productively.
Why does productivity matter in a distribution business? Employee productivity is an important factor in being able to scale a distribution business. To grow without adding a lot of headcount, it’s necessary to make people work more productively. Otherwise, you’ll be increasing Sales, General and Administrative (SG&A) expense at an uncomfortable rate even if revenues are going up.
The Distribution Management Productivity Checklist
Distribution management features make a difference in employee productivity. To help you think about matters in this regard, Acumatica published a checklist of productivity features in their product. Here are some highlights:
We can help you understand your productivity challenges and how they can be addressed by the right distribution management solution. If you want to learn more about how Acumatica can help your distribution management team work more productively, let’s talk.
Additional Distribution Resources
ERP for Distributors: What Matters and What Doesn’t?
Key Performance Indicators (KPIs) for Distribution
5 Reasons Distributors Need ERP Software