Where is the best place to find accounting software? Owning your own business has lots of ups and downs. One of the biggest struggles business owners have is getting a handle on their accounting. In the past, accounting meant long hours spent doing calculations by hand or struggling with complicated spreadsheets. That old approach often left room for errors and caused delays (and headaches). But there are better, more modern options that can help you optimize your accounting and get a handle on your business finances with zero hassle.
Poor
Oracle Netsuite is a cloud-based accounting software platform that focuses on optimizing your ledger and helping you streamline your tax management at the end of the fiscal year. This software stands out from its competitors by offering management for payables and receivables, and it offers AI technology to help automate manual processes that would normally waste your valuable business time. Oracle Netsuite is also a platform that goes beyond basic accounting, noted to grow with you through the Netsuite platform that also offers separate software for inventory management, HR, customer management, e-commerce, and more.
No pricing unless you have a Zoom call
Oracle Netsuite is another site where you may need to call a representative to get all the details. You can click on the "Free tour" button at the top of the screen to get a quick look at the accounting software, though. However, instead of actually taking you on a product tour, you'll be directed to wait to be contacted by a rep. To streamline this process, we used the online chat features instead. It took a few minutes to get connected, and once we did, the answers were somewhat frustrating. The individual we were connected with stated that he was not privy to "specific information around pricing." We would need to complete a full and detailed call with specific information about the business to get sent to someone who might be able to give us pricing. After spending about 20 minutes and getting zero answers, we asked for a connection to the specialist, but we never heard back from them via phone or email.
Decent features, but unclear which you get
The main excuse for not having details about pricing online is that the accounting software at Oracle Netsuite is "unique" and "custom" (according to our service rep in the chat). As far as our research turned up on the website, you will be able to get a general ledger with income and expense reporting, and "enhanced audit trails." Access includes cash management, so you can see and monitor all bank accounts in one place. You'll also be able to manage invoicing and payment plans for paying your employees (if you have them). Oracle Netsuite helps with tax management, including multiple tax schedules. Other features include fixed assets management and grant management (especially helpful to a non-profit).
Starting costs of over $1,000 per month
During our chat with the accounting software rep, we created a sample small business to get going and said the annual revenue was around $100,000. After stating this information (after about 30 minutes on chat), the original rep we spoke to (who originally had said he didn't have financial information) finally told us that we "aren't a good fit for their program" and that pricing costs "upwards of $1k/month." When we asked why he couldn't tell us that earlier, he simply ended the chat and logged us off (!).
Rude reps are a red flag
At the end of the day, the customer service rep gave us a lot of runaround and was extremely rude by the end of the chat, as soon as he realized we weren't representing a large-scale business. Nothing on Oracle Netsuite indicates that this may not be ideal for small businesses. Plus, the attitude we experienced after he found out that we had a lower income level than "ideal" for Oracle Netsuite was a bit shocking, and raised some red flags about how they might treat other customers of their accounting software in the future.
Not a winner with business owners
Oracle Netsuite currently holds an "A+" rating from the Better Business Bureau; however, on third-party review sites like Trustpilot, the feedback is dismal. Netsuite currently has a 1.4-star average rating on Trustpilot, which was somewhat unsurprising after the customer "service" we received while talking to Oracle Netsuite. Customers who got through the entire process to get a proper quote (and weren't shut down over their income) said that the quoted prices had changed by the time they committed to a contract with Oracle Netsuite. Further reviews say that actually using the platform is a nightmare, that it's "utterly hopeless" and struggles with concurrent connections. The accounting software is also claimed to be completely unintuitive, bulky, and slow.
Not worth the cost or the stress
Even for those who can afford the extremely high starting costs, Oracle Netsuite isn't an option we can recommend. It's slow, clunky, and hard to use, and their pricing isn't even reliable if its $1,000+ starting range is within your budget. With the negative reviews and the rude customer service to consider, Oracle Netsuite easily earns the bottom spot for accounting software in our review.
Continued from above...
Owning your own business has lots of ups and downs. One of the biggest struggles business owners have is getting a handle on their accounting. In the past, accounting meant long hours spent doing calculations by hand or struggling with complicated spreadsheets. That old approach often left room for errors and caused delays (and headaches). But there are better, more modern options that can help you optimize your accounting and get a handle on your business finances with zero hassle.
Modern accounting software has transformed this process by automating calculations and keeping records in real time. It can even connect to your bank accounts and track expenses as they happen. These improvements mean that your business can now manage its finances faster and more accurately. So, when you get to the tough part of the year (yeah, we all hate tax season), your numbers are all ready to go.
Accounting software can make a big difference for anyone, but it's especially helpful if you own a small business. Instead of worrying about lost receipts or trying to track your payroll yourself, accounting software helps you keep everything in one easy-to-read dashboard. For many small businesses, having your finance tools for payments, taxes, and more all in one program saves time, giving you more freedom to focus on growing your company.
One of the biggest advantages of accounting software today is the support that comes with it. Many platforms include tutorials, built-in guides, and even access to live experts who can answer questions. This way, if you're totally new to accounting software (or changing over from a software that's completely different from the newer ones out there), you can jump right in without the extra learning curve. And, if you do feel comfortable with finance, some programs also provide detailed reports on cash flow, profit margins, and other key data, giving you a clearer picture of how your company is doing and what steps to take next.
Plus, accounting software also offers flexibility and savings that make it an attractive option. Cloud-based platforms allow access from anywhere, so you can check accounts on the go. Some services offer features that can grow along with your business, too, so as you level up, you don't need to worry about finding new or different accounting software all over again.
If you're ready to find the right program so you can cut down on wasted time, keep finances secure, and gain peace of mind knowing that your records are accurate, we totally get it. Here are some factors to consider before you start crunching numbers:
For small businesses that need efficiency and reliability, accounting software has become one of the smartest investments available. Whether you're starting your first business or you've been building an empire for years now, solid accounting software can make the difference between a smooth fiscal year and a high-stress end-of-year audit. To help you make the best choice for your business, Top Consumer Reviews has researched and ranked the top accounting software platforms available today. This way, you can hand off the finances to the experts and focus on making your mark in the business world!
Compare Any 2 Products
Top Products.
Top Reviews.
Top Consumer Reviews.
Reviews
Browse through thousands of reviews.
Social Media
Like us? Follow us! We'd love to have you join our community.
Newsletter
Stay up to date with the latest reviews. We'll keep you informed, and we'll never sell your information to anyone.
