Compare and Contrast Two Accounting Information System Software Vendors

This article compares and contrasts the functionality and features of NetSuite ERP and QuickBooks Enterprise, two accounting information system software vendors. It discusses the products and services offered by each vendor, compares them, and highlights their competitive differentiators. The article concludes by emphasizing the impact of these vendors on the competitive growth of accounting organizations.

Running head: COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
Compare and contrast two Accounting Information System software vendors
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2COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
Table of Contents
1 Introduction...................................................................................................................................3
2 Product and service of NetSuite ERP...........................................................................................3
3 Product and service of QuickBooks Enterprise............................................................................4
4 Comparison between the products and service.............................................................................5
5 Competitive differentiators...........................................................................................................5
6 Conclusion....................................................................................................................................6
7 Reference......................................................................................................................................7

3COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
1 Introduction
The foremost determination of the paper is to focus on the comparison and the contrast of
the functionality and features of NetSuite ERP. and QuickBooks Enterprise. The involvement of
the IT products in these two organizations will be considered in this paper along with the service
which can let them have a competitive advantage over the other organization will be also stated
in this paper.
Being a subsidiary organization of Oracle Corporation, NetSuite organization is an
American cloud computing organization which is headquartered in San Mateo is very much
useful for the accounting organizations to deal with their business process and customer
relations. The Enterprise Resource Planning systems which are developed in this organization
are used in most of the global accounting organizations.
Intuit is a financial software development organization established in the year 1983 in
California, USA. One of their prime products is the QuickBooks which is accounting software
which are used in many small and medium sized accounting organization. All the Microsoft
based computer systems can use this software for management the business processes of the
accounting organizations.
2 Product and service of NetSuite ERP.
This unit of the paper will be focusing on the products and services offered by NetSuite
Corporation. Different categories of services and products are used by the NetSuite ERP for
accounting organizations all around the world. The products of these vendors are Enterprise
Resource Planning, Customer Relationship Management, E-commerce platforms, Professional
Services Automation, Human Capital Management (Cloud ERP, 2019). All these products are

4COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
used in the accounting organizations for the management of the business processes such as
customer management, business processes of the accounting industries such as the bookkeeping
services, maintenance of the financial statement, business entity selection, estate planning and
financial planning. All these products are very much important to manage the business practices
of the accounting industries.
3 Product and service of QuickBooks Enterprise
The prime determination of this unit of the paper is to focus on the products and service
offered by the Quick Book’s Enterprise. The products and service offered by this accounting
software is very much useful for global accounting organizations. The supply chain management
of the accounting organizations are managed with the help of this software. This software can be
used for the production and the distribution of all the products and services of the accounting
industry (Quickbooks USA, 2019). The internal and external stakeholders of the accounting
organization can be managed with the help of this software. Data is considered as an asset in
most of the accounting organizations and the cloud services which are given by this software are
helpful to protect the data from any kinds of internal and external threats. The business payment
of the accounting organizations, management of the regulation and policies of the accounting
organizations considering their business process are managed with the help of this software. This
software is also very much helpful in the financial accounting and the management accounting of
the business organizations. The inventory workflows and the transactional data are managed in
an efficient way with the help of this software.

5COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
4 Comparison between the products and service
Comparing both the products and service offered by these two organizations, the
implementation of the products and services of the Quick Books Enterprise are much simpler
than the information systems which are developed by NetSuite ERP. The costs of the
implementation of the information systems developed by NetSuite ERP are much higher than the
products of the Quick Books Enterprise (Marmel, 2018). The products of Quick Books
Enterprise are reliable for all the small and medium sized business organizations whereas the
products and services of the NetSuite ERP are better for the bigger and large-scale accounting
organizations.
5 Competitive differentiators
This unit of the paper will be focusing on the products of the two organization which will
help the organizations to have a competitive advantage over the other rival organizations. The
quality of products and services offered by these two organizations are very much ideal in the
working conditions of the accounting organizations as it helps them in optimizing the business
process such as customer relationship and maintenance of the financial statements. The
informational report for the accounting organization can be managed with the help of the
discussed products and services offered by these two organizations, along with that it can be also
said that the discussed systems and facilities offered by these two organization can help all the
different types of organizations to have a competitive advantage over the similar and rival
organizations. The information systems offered by the NetSuite ERP such as the Customer
Relationship Management, E-commerce platforms can be useful to maintain good relationship
with the clients and also for business purposes, whereas the supply chain management of the
accounting organizations can be managed with the help of the products developed in Quick

6COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
Books Enterprise. The management of the payroll payments and the management of the
inventories are the most important business process which very much helps for the accounting
organization to have a competitive advantage over the similar rival organizations (Hamerman et
al., 2015). The implementation guidelines are also provided by Quick Books Enterprise to their
clients which makes it easier for them to deal with the difficulties of the products.
6 Conclusion
The paper concludes the impact of the two-accounting information system software
vendor such as the NetSuite ERP. and QuickBooks Enterprise. The products of NetSuite ERP are
the CR management system, e-commerce platforms and human capital management system these
are all beneficial for the management of the business processes in an accounting system. The
products of the QuickBooks Enterprise which can be concluded from this paper is the data
management system which can be useful to manage the data which are circulated in the business
environment of accounting organizations. Based on the discussed of the paper it can be also
concluded that the contribution of these two organizations in terms of their service are very much
beneficial for the competitive growth of the accounting organizations.

7COMPARE AND CONTRAST TWO ACCOUNTING INFORMATION SYSTEM SOFTWARE VENDORS
7 Reference
GST Ready Cloud Accounting Software for small businesses | Quickbooks USA. (2019).
Quickbooks.intuit.com.
Hamerman, P. D., Andrews, C., Miller, J., & Glazer, L. (2015). The SaaS ERP Applications
Landscape. Forrester Research, Sept.
Marmel, E. (2018). QuickBooks Online For Dummies. John Wiley & Sons.
NetSuite: The #1 Cloud ERP. (2019). Forms.netsuite.com.