Successful manufacturers know that adapting to uncertainty is rarely the exception, but rather the rule. Whether it’s dealing with a workforce that’s constantly in flux or adjusting to disruptions in the supply chain, it’s essential that you have systems in place that enable you to maintain efficient manufacturing operations even in changing conditions.
Your accounting solution is a key component of this nimble posture—it must provide the flexibility to optimize your financial management in the short term while providing the ability to scale as your manufacturing firm grows.
This article compares QuickBooks Enterprise, which serves growing manufacturing businesses, to an accounting software competitor, Oracle NetSuite, to evaluate their viability for manufacturing firms.
These comparisons are based on both verifiable vendor claims, third-party reviewers like G2 and Capterra (tech marketplaces where businesses can provide their unbiased opinions and review software solutions), and objective accounting software reviews from PCMag and Techradar.
Intuit QuickBooks Enterprise: Background
QuickBooks Enterprise helps manufacturing firms manage their business transactions effectively and also save time and effort by conglomerating daily financial processes and functions into a streamlined, easy-to-use interface.
QuickBooks Enterprise is an integrated solution designed for growing, product-based businesses that helps users streamline business and financial operations management. It bundles key functionality and lets business owners add and customize capabilities as they grow. QuickBooks Enterprise integrates with other best-in-class solutions like Salesforce to create a connected back-office experience, instead of a traditional “one-stop shop” ERP solution.
Oracle NetSuite: Background
Oracle NetSuite is a full-scale enterprise resourcing planning (ERP) solution, engineered to streamline mission-critical processes at businesses of all sizes. NetSuite is software as a service (SaaS) that combines accounting and ERP programs, customer relationship management (CRM) tools, and ecommerce capabilities in a single packaged offering. With NetSuite, users from different departments, such as sales, accounting, and support, access customer information through a single record, eliminating data redundancies and inconsistencies.
NetSuite is fully customizable and provides modules to help business owners manage and automate their business needs, from financials to supply chain management to billing and beyond.
QuickBooks Enterprise for Manufacturing & Wholesale vs. Oracle NetSuite for growing manufacturing businesses
For manufacturing management, Oracle offers NetSuite, a complete cloud ERP software solution that benefits your entire organization.
QuickBooks Enterprise for Manufacturing & Wholesale is a specialized offering for growing manufacturing businesses. It features accounting, project costing, and management, as well as payroll capabilities. QuickBooks Enterprise for Manufacturing & Wholesale also integrates with top third-party manufacturing business applications to help connect existing tools, processes, and datasets.