Upgrade Oracle NetSuite to Sage Intacct

Many businesses using NetSuite find that it is a broad ERP system that can be overly complex for financial management, especially when companies only need advanced financial capabilities. Sage Intacct focuses on providing a specialised solution for finance teams, with real-time reporting, multi-entity management, and automated workflows. Unlike NetSuite, which often requires costly customisations and extensive IT resources, Sage Intacct is designed to be agile, easy to deploy, and financially focused.

NetSuite is a robust ERP system, but many users report that its financial modules are harder to navigate and require significant customisation to meet specific needs. The platform’s maintenance costs can also rise quickly as businesses scale. Sage Intacct, on the other hand, delivers an out-of-the-box solution with real-time consolidations, advanced reporting, and the ability to automate complex financial workflows, all without the overhead that NetSuite demands.

While both systems are comprehensive management solutions, many businesses find that NetSuite’s licensing fees, ongoing maintenance, and necessary customisations can quickly escalate costs. Sage Intacct offers a more cost effective solution. It is easier to implement, requires fewer IT resources, and allows businesses to only pay for the features they need, leading to substantial cost savings over time.

Both platforms support multi-entity consolidations, but Sage Intacct provides a more streamlined, real-time consolidation process that can handle multiple entities, currencies, and locations. NetSuite often requires extensive setup and customisation to handle the same level of complexity. Sage Intacct’s cloud-native design ensures that consolidations happen faster and more efficiently, with fewer resources required for manual intervention.

NetSuite’s reporting capabilities can often feel limited for businesses with advanced financial requirements, particularly when it comes to custom reports and real-time visibility. Sage Intacct offers more robust, customisable dashboards and reports that provide financial insights in real-time, without relying on third-party tools or extensive configuration. It helps businesses get deeper insights into their financial performance and enables faster decision-making.

NetSuite often requires businesses to invest in ongoing IT support, customisations, and upgrades, which can add to the total cost of ownership. By contrast, Sage Intacct is a true cloud-based financial management system, designed to be low-maintenance with automatic updates and easy integration. This reduces reliance on in-house IT resources, allowing finance teams to operate more autonomously and focus on strategic goals.