Comparing QuickBook vs Acumatica.
If you’re like many growing businesses, you’re finding that QuickBooks isn’t up to the task anymore. Features are missing, or you need to integrate QuickBooks with other business systems.
QuickBooks by Intuit overall provides users with a good starter accounting package at a reasonable price. However, do not expect it to handle any other business parameters outside of financials well. For that, you need an ERP solution that can handle accounting and financial management along with other business requirements such as manufacturing, distribution, and much more.
In the chart below, we compare Acumatica to QuickBooks Enterprise, Intuit’s top-of-the-line QuickBooks product. The product can be installed locally (on-premises) or hosted on the internet (“in the cloud”). QuickBooks is a decent accounting solution, but Acumatica can help you manage multiple companies from a single interface.
With Acumatica, you are able to monitor inventory, manage customer orders, ship products directly to customers, and distribute orders with one single tool.
| Functionality | Acumatica | QuickBooks |
|---|---|---|
| True cloud (built for cloud) | ||
| True mobility (supports all devices with no special apps) | ||
| Full function ERP | ||
| Full relational database export | ||
| Customization using industry standard tools | ||
| Upgrade on your schedule | ||
| Flexible licensing options based on customer requirements | ||
| Multiple deployment options (cloud, on-premises, hybrid) | ||
| Scale as you grow | ||
| Lower Total Cost of Ownership (TCO) |
Unique Features and significant Differentiators:
True cloud: Acumatica’s cloud solution offers a secure and reliable environment for businesses of all sizes to run, manage, and track financial operations. Intuit’s QuickBooks software has been tailored for on-premises use and, therefore, may not support the same benefits as Acumatica.
Full function ERP: Acumatica is a cloud-based accounting solution that provides the foundation of an Enterprise Resource Planning (ERP) system as well as a comprehensive Customer Relationship Management (CRM) tool. Acumatica helps your company reduce costs by improving finance, accounting, inventory, and order management processes. QuickBooks Enterprise includes some of these elements, but it ultimately is an accounting solution and not a full-function ERP solution.
Full relational database export: QuickBooks is accounting software that handles accounting needs. It does not provide the users with access to the underlying database, and hence a third-party utility is required to gain access to the underlying database. In addition, higher-level solutions for small to mid-size businesses usually use more robust database solutions, such as Microsoft SQL Server, SAP HANA, or Oracle. However, these other solutions also expect the client to move to some kind of ERP solution eventually. QuickBooks has been designed strictly for accounting purposes.
Flexible licensing options: Acumatica’s products are available by subscription licensing with pricing based on the number of users. Alternatively, single-use licenses are also available.
Scale as you grow: Acumatica offers unlimited users and unlimited companies, while QuickBooks Enterprise is limited to 30 users and does not accommodate multiple companies.
TCO: While QuickBooks and Acumatica do great things, they are designed to accomplish different tasks, so it’s hard to say which one is the best for your company. We recommend you take your time when selecting a replacement product to ensure you get something that can continue to grow with your business for several years.
Wondering How We Work?
About QuickBooks:
Intuit’s QuickBooks is an easy-to-use, powerful business management solution. Combining the power of specialized financials with the simplicity of cloud software, this full-featured accounting suite has everything you need to keep your business on track.
Acumatica was developed to run on your server or in the cloud, opening access to all your data anytime, anywhere. Adopting an open-source approach, licensing is flexible and cost-effective.
Acumatica offers a full-stack ERP solution that’s easy to use and flexible enough to scale as your business grows. It’s the next big thing in ERP software. Acumatica’s modern approach provides supercharged capabilities, so your business can compete – and win – today. And while other ERP solutions are suitable for traditional companies, Acumatica is packed with supercharged business intelligence so you can hypercharge your business for tomorrow.
Listening to your customer, understanding their requirements, staying ahead of the competition, and choose your ERP system wisely. Make sure you take some time to review Acumatica’s ERP software comparison to help you find the solution that is right for you.