September 11th, 2024

Why Modern Finance Teams Are Reconsidering NetSuite

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Campfire Team
September 11th, 2024
AccountingFinance

Upgrading from SMB accounting software to a mid-market ERP software is a fantastic way for tech companies to streamline their operations and boost efficiency. But choosing the right provider for the needs of your company can be difficult - especially when it comes to accounting software. 

Undoubtedly, one of the most powerful ERPs on the market is NetSuite. It's the most used ERP system in the world, with more than 37,000 installations globally. However, while powerful, NetSuite is complex, and can be extremely frustrating if you’re not supported with the right resources. 

Mid-size tech companies on NetSuite tend to struggle with:

  • Manually performing transactional accounting tasks

  • Outdated user interface and steep learning curve 

  • Lack of tech stack integrations

  • Expensive pricing and hidden costs that often double at renewal

  • Scaling transaction volume

  • Custom integrations are challenging due to outdated APIs

  • Implementations that are over budget with missed deadlines  

  • Lack of customer support

So, if you’re second-guessing if NetSuite is still the right choice for your business, here’s a few reasons why peers are moving to Campfire:

Accelerated close.

Automated transactional accounting workflows such as auto-categorization of transactions, bank reconciliations and invoice reconciliations saves you days every month on manual tasks. 

Improved financial reporting.

Financial reports that are intuitive and easy to use yet powerful for deep insights with custom dimensions, and multi-dimensional reporting via in-product pivot tables. 

Integrations that work.

Integrations that actually work ranging from bank feeds to CRM. APIs to build custom integrations into any system. The result is end-to-end accounting automation.

Affordability.

Fair baseline pricing with no unexpected costs. Every customer has access to our full suite of product features and roadmap.

Configurability.

A fully self-serve platform, without the need for ongoing IT maintenance, your implementation will always reflect the current state of your company. 

Ease of Implementation.

Painless transaction-level historical data -migration. Just give us your NetSuite login and we’ll take it from there. We’ll match every accounting period to the penny before you fully transition.

Superior customer support.

Every customer has a direct line of contact to our team. Our platform is always improving and new features are influenced by our customers.

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Interested in learning more? Connect with us!