Comparing Data, Sales & Marketing, Customer Support and Price of CRM

Posted by Kimberly Tucker on Thu, Jun 18, 2015 @ 03:08 PM

thursdaythrowdown

Historically, Salesforce has been considered the #1 CRM system which gained popularity to its ease-of-use and vast functionality. While its good to be King, the competition has risen up to the dethrowning challenge and as a result, there are many new solutions improving the CRM space with the same or even better functionality at lower cost. SugarCRM does just that as outlined in this edition of the Thursday Throwdown.


SugarCRM v SalesForce

For more information on SugarCRM,
Please Contact Us Today!

Tags: Cloud Business Management, Customer Relationship Management, Thursday Throwdown, SugarCRM, Mobile App, Salesforce, Infographic

Cloud ERP vs. On-Premise ERP - Thursday Throwdown: ROI Edition

Posted by Kimberly Tucker on Thu, Aug 28, 2014 @ 02:48 PM

Thursday Throwdown ROI of SaaS ERP vs On-Premis ERP


With another Thursday comes another throwdown and today we size up the true Return on Investment (ROI) found involving the most common deployment options of ERP software: on-premise or cloud.

While cloud deployment is fairly common in the Customer Relationship Management (CRM) arena, cloud adoption in enterprise resource planning (ERP) is still gaining momentum with software like Acumatica leading the way.

With so many considerations beyond cost trade off, businesses looking for ERP software must consider both SaaS and traditional on-premise deployment options to really evaluate which best meets the unique needs.

For this edition of the Thursday Throwdown and best evaluation of the ROI of cloud and on-premise systems we will go beyond traditional cost evaluation and include business benefits, risk and flexibility.

One important factor most organizations fail to consider when opting for cloud deployment is the cost of customization. Carrying out due diligence on both deployments is important to find the right solution for a business. 

Cloud ERP or On-Premise ERP ROI

ROUND ONE: Costs

Generally, on-premise solutions are costlier, especially when comparing subscription and license fees. The systems typically require support, upgrades and hardware maintenance fees on top of license fees.

On the other hand, most cloud deployments bundle these costs into the subscription fees. Moreover, cloud deployments avoid charges for end user support and administration, temporary business support and backfill, hardware and upgrades.

In the long term, on-premise systems are less costly than cloud options. However, their costs increase during upgrade cycles, which represent about 65% of the initial costs of implementation in year eight.  Some of the cost drivers with cloud include fees for extra features such as premium help desk support, storage capacity beyond a preset limit, industry-specific functionality, mobile and offline access, among others.

 

ROUND TWO: Benefits

Cloud deployments bring immediate business benefits including shorter time to deploy, automatic updates, improved usability and independence from IT. The result is enhanced integration with other IT and operational systems, especially when real-time integration is important. On the other hand, on-premise ERP has more pronounced integration than cloud.

Given the lack of disruption in change management, usability, implementation, and upgrades, it is clear cloud deployments have an initial and significant advantage in achieving benefits.

 

ROUND THREE: Flexibility

Both cloud and on-premise deployments deliver ease of configuration, technical flexibility, and scalability. On-premise solutions deliver tailored configurations capacity, stronger tools sets for customizations and proven integration capabilities. On the other hand, cloud systems deliver technical agility by allowing migration to on-premise, greater deployment options in bandwidth-constrained environments and reduced IT staffing requirements.

When looked at objectively, the advantages of flexibility of one solution over the other are canceled out by each other. Hence, there are minute advantages in flexibility when comparing either deployment option.

 

ROUND FOUR: Risks

With the cloud, risk tends to center around impact risks like limited verticalization and customization capabilities as well as weaker integration and loss of control.

On the flip side, on-premise risks tend to be related to implementation risks such as support issues, training needs and deployment complexities.

As a result, the risks of on-premise solutions are slightly greater than those of cloud solutions.

 

So Which ERP is Right for You?

While the advantages of cloud ERP cannot be downplayed, the deployment is not ideal for all organizations. Generally, Cloud ERP is more suitable for smaller, less complex organizations that do not have very unique requirements. On the other hand, large organizations with more complex operations will find on-premise solutions more appropriate.

Companies weighing cloud and on-premise options should assess ROI in 10-year periods, factor in the number of centralized users, adjust assumptions based on historical data and also consider hybrid models.

Regardless of whether an organization opts for a cloud or on-premise solution, the advantages and disadvantages must be carefully reviewed. Klear Systems would be happy to assess the business needs of your company to determine which would be the best fit for your unique practices.

 

 We would love to speak with you about how Klear Systems can benefit your organization.

Give us a call at (949) 681-8135,
email us at info@klearsystems.com
or complete the form below and we’ll reach out to you.

I Want to Learn More!

 

Tags: Cloud Business Management, Acumatica Cloud-Based Solutions, Sage Software, Thursday Throwdown, Small Business

Netsuite vs. Acumatica - Thursday Throwdown: Accounting Suite Edition

Posted by Kimberly Tucker on Thu, Aug 14, 2014 @ 02:12 PM

We'd like to proudly introduce a new weekly series on our blog:

Thursday Throwdown Netsuite vs Acumatica Cloud ERP

There is a vast number of options to assist your business management needs and most of it depends on your unique processes so for the foreseeable future we will have the Thursday Throwdown to help bring understanding and transparency to the masses regarding what software is available categorically and how each offering sizes up against one another.

In this edition of the Thursday Throwdown, we'd like to highlight the features and functionality of the accounting suites offered by both Netsuite and Acumatica Cloud ERP.

Acumatica The Cloud ERP Project Accounting Suite
VS

Netsuite Cloud ERP Financial Management Suite

 

OVERVIEW

Acumatica Cloud ERP Project Accounting Suite LogoAcumatica's Project Accounting Suite manages budgeting, inventory, time sheets, billing, profitability, and reporting for individual business initiatives. It enables users to create projects that are included in company-wide financial reports. The suite features are integrated with the general ledger, accounts payable, accounts receivable, sales orders, purchase orders, inventory management, and the employee portal

 


Netsuite Cloud ERP Financial Management Suite logoNetSuite's Financial Management Suite accelerates financial visibility, provides strong expense management, offers streamlined and auditable revenue management and ensures complete real-time visibility into the financial performance of the business.  NetSuite financial management seamlessly integrates with all NetSuite order management, inventory, CRM and ecommerce functions to streamline critical business processes, such as quote-to-cash, enabling everyone to work from a single source of finance, sales and customer data. 

 

 

Round One: ACCOUNTING

Acumatica Cloud ERP Project Accounting Suite Logo

  • Accounts Payable (A/P)
  • Accounts Receivable (A/R)
  • Audit Trail
  • Depreciation
  • General Ledger
  • Multi-Currency/Int'l

 

Netsuite Cloud ERP Financial Management Suite logo

  • Accounts Payable (A/P)
  • Accounts Receivable (A/R)
  • Audit Trail
  • Depreciation
  • General Ledger
  • Multi-Currency/Int'l
  • Time & Expense Management

 Here Netsuite pulls ahead in the feature list with their Time & Expense Management module.

 

Round Two: BILLING & INVOICING 

Acumatica Cloud ERP Project Accounting Suite Logo

  • Automated Transactions
  • Contact Management
  • Credit Card Processing
  • Recurring Billing

 

 

Netsuite Cloud ERP Financial Management Suite logo

  • Automated Billing
  • Automated Transactions
  • Credit Card Processing
  • E-commerce
  • Invoices
  • Purchase Orders
  • Recurring Billing


Once again, Netsuite wins functionality in this category by including Automated Billing, E-commerce, Invoices and Purchase Orders.

 

 

Round Three: Reporting

Acumatica Cloud ERP Project Accounting Suite Logo

  • Balance Sheet
  • Budgeting & Forecasts
  • Cash Flow Statement
  • Custom Dashboard Reports
  • Depreciation Schedule
  • Profit & Loss Statement
  • Sales Reports
  • Sales Tax Report 

Netsuite Cloud ERP Financial Management Suite logo

  • Balance Sheet
  • Budgeting & Forecasts
  • Cash Flow Statement
  • Depreciation Schedule
  • Profit & Loss Statement
  • Vertical & Horizontal Analysis
 
 
 

 

Acumatica sets itself apart by offering Custom Dashboard Reports, Sales Reports, Sales Tax Reports while Netsuite includes a Vertical & Horizontal Analysis that Acumatica lacks.

 

 

Round Four: FIXED ASSETS

Acumatica Cloud ERP Project Accounting Suite Logo

 
 

  • Depreciation Schedule
  • Depreciation Tracking
  • Fixed Asset Tracking

 

 

Netsuite Cloud ERP Financial Management Suite logo

  • Depreciation Schedule
  • Depreciation Tracking
  • Fixed Asset Tracking

 

 

 

Here we have an even match!

 

Round Five: WORKFLOW FEATURES

Acumatica Cloud ERP Project Accounting Suite Logo

 

  • Automated Journal Entries
  • Bank Reconciliation
  • Batch-Posting

 

 

Netsuite Cloud ERP Financial Management Suite logo

  • Bank Reconciliation

 

 

Acumatica pulls ahead with the Automated Journal Entries and Batch Posting features.

 

Round Six: TAX FEATURES

Acumatica Cloud ERP Project Accounting Suite Logo

  • 1099 Support
  • Auto-Tax Calculator
  • Business Activity Statements
  • Multiple Sales Tax
  • VAT
  • W-2 Support

 

Netsuite Cloud ERP Financial Management Suite logo

  • Multiple Sales Tax

 

 

Acumatica really brings it with 1099 Support, Auto-Tax Calculator, Business Activity Statements, VAT calculation and W-2 Support while Netsuite only offers Multiple Sales Tax, a feature also offered in the Acumatica suite.

 

Round Seven: Add-On Modules

Acumatica Cloud ERP Project Accounting Suite Logo

  • Customer Relationship Management (CRM)
  • Inventory Management
  • Supply Chain Management

 

 

Netsuite Cloud ERP Financial Management Suite logo

  • Customer Relationship Management (CRM)
  • E-commerce
  • Inventory Management
  • Payroll
  • Supply Chain Management
 

 

While both offer the main 3 add-on modules, Netsuite wins this round with E-Commerce and Payroll modules available. 

 

SHOWDOWN SUMMARY

After the seven match up categories above, it is safe to say that BOTH Acumatica and Netsuite offer many features beneficial to a business accounting suite, but ultimately the choice must be down to the business and the specific needs that need to be met with the functionality of one or the other.  

NetSuite commits customers to ongoing operational expenditures... forever! Acumatica allows you to switch licensing models as your needs change.  If you buy a license, you can stop maintenance payments and still use the software. 

Acumatica allows you to switch between SaaS and an on-premise deployment so you control where you run your software and where your data is. NetSuite provides only one option - in their datacenter, under their control.

Both Netsuite and Acumatica have integrated ERP and CRM modules. But Acumatica goes one step further by providing better options to integrate with existing on-premise systems. We can help you access the source code and make changes using Acumatica's web-based tools or standard development tools such as Microsoft Visual Studio.

Aside from all of the above, there are numerous other factors that go into a choosing which Cloud ERP option is right for your business so please let us help with any questions you may have. We'd be happy to get you more information or a quote!

 

 

Please CONTACT US TODAY!

 

Tags: Acumatica Cloud-Based Solutions, Netsuite, Thursday Throwdown, Accounting & Finance