Small- to mid-sized companies looking for a cloud-based ERP platform are often led to consider Intacct, NetSuite, and Acumatica.
At first glance, it might seem like they are all the same. But there are differences you should know before deciding on which system is right for your company.
Here we look at how Intacct compares with Acumatica on major product features.
Significant differentiators between Acumatica and Intacct
Full function ERP: Intacct is a strong financial management software system, but it does not inherently support ERP functions and must rely on third-party software for this capability. Acumatica is a full-featured ERP system, with built-in support for financials and vertical industries, such as manufacturing, distribution, professional services, and retail.
Flexible licensing options: Every company is different, and some prefer a depreciable capital expense versus an ongoing operating expense. Both products are available through subscription licensing, but Acumatica also offers perpetual licensing.
Multiple deployment options (cloud, on premise, hybrid): Deployment options include public cloud (like Amazon Web Services), on your premise, and hybrid configurations (private cloud). While both products are available in the cloud, Acumatica also supports on premise and hybrid deployments for companies that want to keep sensitive data in-house.
Lower Total Cost of Ownership (TCO): Let’s be fair, Intacct is a robust financial management system. If you are looking for a solution to handle strictly financials with only a limited user count, Intacct is a solution to consider. However, as you require more functionality – such as capabilities to support manufacturing, warehousing, eCommerce, and embedded (not just integrated) CRM – you will need to purchase more and more third-party solutions, each with their own licensing costs. In addition, as your company grows and more employees need access to your ERP system, Intacct will require additional user licenses. These costs increase as your company grows. Acumatica charges by computing power used, and never charges per user. In the end, the TCO for either product depends on your specific business needs.
Intacct is a robust financial management solution, but relies on third-party software vendors to provide ERP functionality and support for vertical industries. Because Intacct does not natively come with CRM, this functionality is also added on, requiring a separate software purchase and a different database than your ERP system uses. Intacct is only available in the cloud and charges per user. In all, these costs can add up as your company grows.
Acumatica is a completely integrated ERP and CRM solution and can be deployed on premise or in the cloud. Plus, there is no charge for adding users.
We know that choosing a new ERP system is a major decision that will affect your business for many years. 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. However, we encourage you to perform due diligence when considering the purchase of any ERP system, not just ours. Ask questions. Listen to the answers. Know your business requirements over the next three to five years. Ultimately, we want to you to choose the ERP system that is right for your company now and in the future.