Cloud 9 ERP Solutions Blog

With Halloween right around the corner, we thought we would share some real-life horror stories and challenges faced by our customers before moving to a modern, cloud ERP platform like Acumatica. 

Acumatica and Oracle NetSuite represent two of the most well-known and widely used enterprise resource planning solutions in the world. As part of Cloud 9 ERP Solutions’ systematic comparison of Acumatica vs. Oracle NetSuite, we have analyzed several key attributes of these two ERP platforms so far including costs and implementation process. 

In the first installment of our series on Acumatica vs. Oracle NetSuite, we compared the implementation processes of the two ERP software solutions. In this second entry, we will turn our attention to a subject that is top of mind for all organizational leaders: costs. 

As is true with most innovative technologies, enterprise resource planning (ERP) software was initially only available to large organizations. Early ERP software was simply too cost-prohibitive for small to medium-sized businesses (SMBs). Fortunately, as the technology has evolved, it has become more accessible. 

With inflation on the rise, businesses around the globe are bracing for a potential recession. While the decline in currency values and rising prices are impacting organizations of all sizes, small to medium-sized businesses (SMBs) are particularly vulnerable. 

In the wake of several major cyberattacks, businesses across all industries have been reevaluating their security protocols and best practices. While virtually any digital asset is vulnerable to cyber attack, ERP software is a particularly appealing target because of the amount of critical business data that it contains. 

Since the turn of the century, business accounting processes have entered a Renaissance period categorized by the rapid emergence of new ideas and best practices. Basic accounting tools like spreadsheets or paper-based alternatives were replaced by more robust software. 

You may be familiar with Sage 100 and Acumatica. Both ERP software solutions can seem ideal on the surface. But when it comes to choosing from the huge variety of products on the market, Acumatica is the clear winner. 

Over the last several years, countless businesses have transitioned away from legacy financial management solutions in favor of dynamic, cloud-based enterprise resource planning (ERP) software. This shift comes as no surprise as the latter option offers a multitude of benefits that cannot be obtained from antiquated on-premises solutions.

Is your aging ERP software holding your business back? Are you torn between upgrading your legacy ERP software and replacing it with a modern, cloud-based solution? Not sure which move is the most pragmatic option for your organization?