Propel your next phase
of business growth
Level up from Xero, with NetSuite. Take the next step with connected finance & operations.
Why growing businesses level up with NetSuite
A quick look at how NetSuite outperforms Xero in handling advanced business needs.
Multi-entity management
Support multiple entities, subsidiaries, currencies on a single platform.
Advanced inventory and supply chain
Real-time tracking, demand planning, and supply chain management across multiple locations.
Customisation and scalability
A scalable platform for tailored workflows, custom reporting & automation.
Complex financial reporting
Deeper insights with advanced reporting, predictive analytics & real-time data.
Global operations
Go global with multi-currency support, and built-in tax and compliance management
Robust third party integration structure
Flexible integration environment for a seamless flow of data across various business functions.
Understanding Xero vs. NetSuite
Xero, while effective for basic accounting needs, is more suited to smaller businesses or those at an earlier stage of growth. It is ideal for managing straightforward financial tasks and is particularly effective for single-entity businesses or those with simpler operational structures.
NetSuite is a comprehensive solution, designed to accommodate a wide range of industries and business sizes, particularly those navigating multi-entity operations and international transactions.
NetSuite's robust platform offers extensive features for advanced financial management, global business consolidation, and seamless integration with other solutions, making it ideal for businesses that are rapidly scaling or already operating on a large scale.
Streamlining your tech stack to scale without limits
One core business platform to bring together your finances and operations - even with multiple companies. Plus, keep up with growing data volumes and rely on robust APIs for efficient, reliable integrations.
Ready to choose a growth-ready tech stack?
Virtually Human Studio makes great strides after moving to NetSuite from Xero
"NetSuite allowed us to automate the actual for our blockchain activity and set up automated journal entries to streamline the accounting process. So that's been a big win for us."
Elizabeth Machines sews up operational success after moving from Xero to NetSuite
"We now have full visibility of our inventory lifecycle. NetSuite is also used for invoicing and customer relationship management in terms of our review and any dissatisfaction in our processes."
A move to NetSuite from Xero empowered YWCA’s mission
"It gave me comfort, as the CFO, to have a complete visibility and very strong internal controls. NetSuite allows payments to be processed in one system, providing a centralised AP service to the entire organisation."
When is Xero or NetSuite the best choice?
Having the right tech stack is a critical decision that can impact your ability to make informed decisions, scale operations and keep up with customer demand. While both Xero and NetSuite offer unique advantages, the best fit will depend on your circumstances.
SCENARIO 1
If you are an early-stage or single entity business...
Xero will likely provide sufficient capabilities and business insight.
For early-stage businesses, an accounting solution like Xero helps you nail down the basics of your finances, with straightforward financial, reporting and billing features.
But as your business expands, the complexity in inventory, processes and data will grow.
SCENARIO 2
If your business model and entity complexity are increasing...
You need to invest in a platform that supports your success.
As you add more stores or other entities, each will require a separate instance of Xero.
So if you are starting to add new brands, require multi-currency or multi-language support, or if you find yourself plugging gaps with disconnected third-party tools and workarounds, then it's time to weigh up the advantages of upgrading your business system.
SCENARIO 3
If you have plans to grow your business...
You will require a more sophisticated business suite.
If you're looking to grow your business through workforce increases, entering new markets, or expanding globally, connecting your finances and operations in one ecosystem will be critical to success.
You'll need robust capabilities to easily manage uplifts in inventory, transactions and customers as you scale your processes and operations.
FREQUENTLY ASKED QUESTIONS
NetSuite's cloud-based ERP platform streamlines both front and back-office operations, allowing businesses to manage their accounting, finances, customer relationship management, supply chains, sales, warehousing, and eCommerce in one place. With a range of customisable modules, NetSuite serves customers from diverse industries, helping them optimise and grow their business.
NetSuite OneWorld provides a complete cloud ERP system for global businesses to scale, providing multi-subsidiary management and support for local accounting regulations. Its unique features allow it to manage multiple charts of accounts across subsidiaries, providing seamless management for businesses operating globally. In addition, NetSuite offers a range of apps and extensions that allow businesses to tailor their solution to their unique processes, maximizing efficiency and productivity. For more information, explore Annexa's popular NetSuite apps.
NetSuite solution providers are expert consulting organisations selected by NetSuite for their ability to deliver comprehensive cloud computing solutions. With a team of specialists including technology experts, accountants, management consultants, developers, former end-users, and integration specialists, they have an extensive and thorough understanding of NetSuite’s ERP and CRM capabilities for mid-market and enterprise customers, and can apply it to the unique requirements of an organisation.
These providers, like Annexa, ensure that NetSuite customers receive the highest level of service when designing, implementing, and deploying their business management solution. Annexa, for example, is Australia's first and only NetSuite Commerce Partner and has achieved NetSuite 5-Star Partner status year on year since 2016, among other accreditations.
NetSuite implementation timelines can vary greatly depending on the size and complexity of the business. While smaller companies can expect a shorter deployment timeframe, larger enterprises may require more time for the implementation of a cloud-based ERP system like NetSuite. On average, however, NetSuite customers can expect their system to be deployed within three months, a significant improvement over the year-and-a-half timeframe for on-premise ERP implementations.
NetSuite SuiteSuccess further speeds up the deployment process by providing pre-configured KPIs, workflows, and reports, allowing customers to get up and running quickly while still delivering value.
Ready to upgrade your business suite?
About Annexa
We are award-winning 5-star NetSuite Partners here for ambitious companies looking to streamline processes, enhance operational efficiencies, reduce costs, and improve business visibility. With the right guidance, systems thinking and mindset, we support ANZ businesses of all sizes as they adapt to the new organisational architecture revolutionising the business landscape.
Book a consultation with us to discover how NetSuite can create efficiency and productivity for your business and your ever-evolving role in it.
1300 994 550 | annexa.com.au | sales@annexa.com.au