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NetSuite vs MYOB Acumatica

NetSuite vs MYOB Acumatica

Moving from MYOB Acumatica to NetSuite is like upgrading from a basic toolbox to a fully equipped workshop, giving you everything you need to manage and expand operations. 
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Why choose NetSuite over MYOB Acumatica

  • All in one platform

    NetSuite brings together financials, inventory, CRM and more in one powerful platform that far surpasses MYOB’s limited accounting scope.

  • Room to grow

    While MYOB is primarily focused on ANZ markets, NetSuite offers multi-currency, language and location support, plus built-in tax and compliance to support your journey from smaller business to global enterprise.

  • Customised to fit

    NetSuite’s flexibility ensures your unique business requirements are met with industry-specific editions, customisation capabilities and robust integrations options.

Understanding NetSuite vs MYOB Acumatica

MYOB Acumatica, while ideal for basic accounting and business management needs, is more suited to small to medium-sized businesses primarily operating in Australia and New Zealand. It is purpose-made for managing straightforward financial tasks and offers some basic inventory and project management features. 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. Join the ranks of over 40,000 companies and subsidiaries that have turned to NetSuite for managing complex, mission-critical business processes in the cloud.

  • See NetSuite ERP in action

    There’s no better way to explore how NetSuite ERP can benefit your organisation than by experiencing it firsthand.Request a product tour

Where NetSuite goes further

Multi-entity consolidation out of the box

Consolidate across subsidiaries, currencies and tax regimes in real time without the need for add-ons or batch processes.

Planning & budgeting built in

Forecast, model and track performance from within NetSuite - no need to export data or buy a separate FP&A tool.

Configuration without complexity

Adapt workflows and fields with clicks unlike MYOB Acumatica, which often requires developer-led customisation.

Global-ready from day one

Go beyond AU/NZ localisation to run multi-language, multi-currency operations with native compliance support.

Always on the latest release

Get automatic upgrades with zero downtime. NetSuite has no lag between updates and no risk of breaking core processes.

MYOB Acumatica
MYOB Acumatica
MYOB Acumatica
MYOB Acumatica
MYOB Acumatica
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Compare MYOB Acumatica and NetSuite

Download our feature-by-feature comparison infographic to see how NetSuite outperforms MYOB Acumatica for complex business needs.

Questions to ask before you choose

Which ERP is better suited for long-term scalability?

NetSuite is designed to scale with complex, multi-entity and international businesses. MYOB Acumatica can handle growth to a point but often requires third-party tools and heavier customisation as complexity increases.

How do NetSuite and MYOB differ in financial functionality?

NetSuite offers a fully integrated finance suite with native consolidation, multi-currency and real-time reporting across subsidiaries. MYOB Acumatica delivers strong core finance tools but may require manual workarounds or third-party applications to match NetSuite’s native capabilities.

What’s the difference in upgrade and maintenance experience?

NetSuite provides automatic biannual updates with full backward compatibility. MYOB Acumatica updates are customer-initiated and may require retesting of customisations or integrations, introducing downtime and versioning risk.

How do NetSuite and MYOB Acumatica compare on reporting and analytics?

NetSuite delivers role-based dashboards, real-time reporting and native analytics out of the box. MYOB Acumatica offers standard reporting tools, but deeper insights typically require third-party BI tools or added configuration.

Can both systems handle multi-entity operations?

NetSuite OneWorld is built for multi-entity consolidation, taxation and compliance across geographies. MYOB Acumatica can manage multiple entities but often lacks the automation and seamless consolidation NetSuite provides natively.

What does the move from MYOB Acumatica to NetSuite involve?

What does the move from MYOB Acumatica to NetSuite involve?
Annexa runs a structured implementation tailored to your business. This includes discovery, data migration, system design, integration planning and onboarding – ensuring your team is set up for long-term success.

Plan for growth, not just today

MYOB Acumatica may get you through the right now but NetSuite sets you up for what’s next. For growing businesses, NetSuite delivers a smarter foundation for scale, visibility and competitive advantage.

  • Adapt as you grow

    Whether you’re expanding into new markets, launching new products or acquiring new businesses, NetSuite evolves with your structure without disruption or rebuilds.

  • Build a future-fit foundation

    With connected data across finance, inventory, customers and planning, your teams can anticipate change, respond quickly and drive industry-leading growth.

Success Stories

MYOB to NetSuite transformation stories with Annexa

4 business entities
consolidated in NetSuite
Multiple
Shopify integrations
Streamlined
the entire logistics and supply chain process
We were experiencing significant expansion and knew that our existing system was no longer able to accommodate our growth. NetSuite has proven to be a valuable support system for our continually growing business.
Deanna Donnini
Head of Digital & Major Accounts
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The MILC Group migrated from MYOB to NetSuite with Annexa

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Automated
previously manual processes
Visibility
through reporting and dashboards
Accurate financials
with auto invoicing
NetSuite has provided a solid foundation to help the business scale quickly and easily.
Paul Rodgers
Operations Director
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From a patchwork of systems with MYOB to one unified cloud management platform

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Replaced
MYOB Advanced (Acumatica)
Supporting
rapid growth
Connected
warehouse, operations and eCommerce
We had a very, very strong team in Annexa bring forward NetSuite to us as a solution.
Lachlan Cornwell
CFO
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True Protein muscles in on competition with a powerful NetSuite solution

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Frequently asked questions about NetSuite

Can NetSuite support a multi-entity or international structure?

Yes. NetSuite OneWorld supports subsidiaries, currencies, languages and tax jurisdictions – all managed in a single environment with real-time consolidated reporting.

Does NetSuite include inventory and supply chain management?

Yes. Unlike MYOB Acumatica, where inventory is often handled via separate modules or vendors, NetSuite includes advanced inventory, warehouse and fulfilment capabilities as native features.

Will NetSuite integrate with our existing systems?

NetSuite offers robust API and integration tools. Annexa frequently connects NetSuite to platforms like Shopify, Salesforce, HubSpot and industry-specific tools using native integrations or iPaaS like Celigo.

Is NetSuite suitable for mid-sized businesses?

Absolutely. NetSuite is widely used by mid-sized businesses looking to scale. With industry editions, modular licensing and a flexible implementation approach, it grows with your business.

How long does a typical NetSuite project take?

Timelines vary, but most NetSuite implementations for businesses moving off MYOB Acumatica range from 12 – 20 weeks depending on complexity and integration requirements.

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Start your journey with Annexa

Request a one-on-one meeting with an Annexa NetSuite expert to discuss your unique challenges and opportunities.

  • ✓ NetSuite ecosystem experts
  • ✓ Leaders in integration
  • ✓ Award-winning team
  • ✓ Strategic partner network
  • ✓ Innovation always