QuickBooks vs SAP ERP
Last updated: January 28, 2021
QuickBooks Online puts you in control of your finances, your time, your business—and where you work. From setup to support, QuickBooks Online makes your accounting easy. With simple tools to get you started, free support, and a money-back guarantee, QuickBooks Online is the effortless choice.
SAP’s intelligent ERP solutions are the Digital Core that enable businesses to integrate end-to-end cross functional next generation business processes so that companies can become intelligent. SAP's cloud ERP solutions use intelligent technologies to help you grow, innovate, and optimize time and resources – no matter the size of your business.
QuickBooks vs SAP ERP in our news:
2021. SAP is buying Berlin business process automation startup Signavio
SAP has aquired business process automation startup Signavio for about $1.2 billion. While traditional enterprise BPA tools have existed for years, having a cloud-native tool gives SAP a much more modern approach to attacking this problem, and being able to automate business processes via the cloud has become more important during the pandemic when many employees are working entirely from home. SAP also sees Signavio as a key missing piece in the company’s business process intelligence unit.
2017. Intuit acquired time-tracker TSheets
Intuit, the company behind products like QuickBooks, acquired TSheets, a time-tracking service and employee scheduling app with over 35,000 customers for $340 million. There’s an obvious overlap between the markets for QuickBooks and TSheets, both of which mostly target small to medium businesses. Indeed, Intuit tells us that the companies already share 12,000 customers. Clearly this isn’t a play to acquire new customers, but to build out the QuickBooks ecosystem and it’s worth noting that TSheets already offers an integration with QuickBooks. In talking to Intuit over the last few months, this idea of removing friction is very much at the heart of the company’s current product plans, especially with regard to QuickBooks.
2014. Intuit acquired cloud integration service ItDuzzit
Intuit continues to build out its cloud platform for SMB by acquiring itDuzzit — the startup that provides tools for businesses to integrate different web and mobile apps with each other (something think IFTTT for enterprises). The idea here is that Intuit will add itDuzzit to its QuickBooks platform, which provides accounting and increasingly many other adjacent services to businesses. ItDuzzit competes against the likes of Zapier and Cloudwork. The dozens of apps that can be linked up using the itDuzzit include the likes of Asana, Box, Coinbase, Freshbooks, PayPal and Shopify, with promises of further apps to come. What it essentially means is that while Inuit may not have its own hand in each of those pies (yet), it will give its customers an easy way of using them on its platform and with Intuit software regardless.
2012. SAP became NetSuite's customer. Business ByDesign will be closed
Most of all NetSuite loves trolling its rival - SAP. From time to time they organize anti-SAP conferences, marketing campaign a la Business ByNetsuite and produce videos like that one above. And they haven't missed the opportunity to joke on SAP at this time. At the opening of the conference SuiteWorld, Zach Nelson (CEO of NetSuite) took the stage and announced that in the past year the company has achieved their biggest ever win: ERP-giant SAP has become NetSuite's customer. The audience was shocked, and then Zach explained.
2011. SAP embracing Amazon and Microsoft clouds
SAP is the most slow IT giant in terms of transition to the cloud technologies. Nevertheless, it's the world's largest software company and any of its steps to the Cloud serves as an indicator for all large corporations: "if even SAP released a SaaS-solution, then SaaS-solutions can indeed be trusted" or "if even SAP offers a version for Amazon Web Services, than this platform is really enterprise-ready". This week at the SAPPhire conference, the company reported on its cloud transition steps. First of all, the SaaS ERP-service SAP Business ByDesign is already used by 500 with a target of having 1000 signed up by the end of the year. Second, SAP has announced that it's "launching" the SaaS CRM-service SAP Sales OnDemand, which will be followed by a travel management cloud service and an on-demand suite for talent management. And third, SAP has started to adapt its existing systems for the Amazon and Microsoft cloud platforms.
2010. Who says Enterprise Software isn’t Cool? Watch what its users can do!
We often pay attention not only to the new business applications and modern trends in Enterprise software, but also on how vendors advertise themselves and their products. This sphere is also shifting to the Enterprise 2.0 style: instead of boring PowerPoint presentations and PDF brochures without images, we see exciting blockbusters and show-projects. Instead of boring descriptions - humorous sketches about how bad is running business without the software. Such marketing attracts attention and most importantly, makes users "friendly" towards the software, even if the software itself is not so friendly, for example like SAP. The new SAP's show-project Run Better is showing not the ERP system but the cool things that its users do. Check also the other examples of beautiful marketing from Box.net, Mainsoft and NetSuite.
2010. SAP Business ByDesign goes live
Finally, SAP has officially launched its SaaS ERP system, SAP Business ByDesign, which will compete with NetSuite, Workday and other cloud ERP solutions. As you know, it's not a fresh product. It was released 3 years ago, but due to the scalability problems, its sales were stopped, and still the system was used by fewer than 100 companies worldwide. SAP Business ByDesign is designed for SMB (50-500 employees) and primarily for manufacturing and professional services industries. It's a single multitenant service to automate all business areas, including manufacturing, financials and sales. The updated version SAP Business ByDesign 2.5 provides support for mobile devices, integration with MS Excel, custom forms and user interface based on Silverlight. But its pricing will hardly cause a revolution in SaaS sphere.
2010. SAP acquired Sybase to get the cloud database and mobile apps
The world's largest enterprise software vendor, SAP has become even more large. For $5.8 billion SAP has acquired Sybase, the company primarily known as one of the leading database and enterprise mobile applications vendor. Until now, SAP didn't have its own database and provided customers a freedom of choice in this matter. At the same time SAP was reselling about a billion dollars worth of Oracle databases - a bad idea considering SAP and Oracle are in direct competition. However, it is unlikely that Sybase database will replace all other database middleware in the traditional SAP ERP deployments. On the other hand, it can be very useful for cloud deployments and creation of the own SaaS platform for SAP Business ByDesign. Because Sybase has recently released the cloud version of its database, which is primarily designed for Amazon EC2.
2008. Intuit launches QuickBooks Online Edition
Intuit is the biggest player in the accounting software space, its QuickBooks product having massive following in the SMB space with over three millions users. QuickBooks Online Edition (QBOE) is its response to the growing popularity of web-based and online accessible offerings. Available now for several years, QBOE has had slow, but steady, uptake. QBOE does some of the major things that businesses need. It's got full double-entry accounting, allowing for correct balance sheets, profit and loss statements and trial balances to be run from it. The starting point for QBOE is the home screen. Unlike other online accounting apps which try and depict a "dashboard view" is where their business is at, the QBOE home screen is more a process diagram, showing a workflow style diagram that allows the user to dive into different functional area of the accounting system. The Basic edition covers the bare essentials - accounts receivable, expense tracking and check printing, arguably quite limited functionality for $10 a month. The Plus version adds estimates and invoice customisations, time tracking, recurrent billing, budgeting and online billing to the mix.
2008. Accounting on the go: Quickbooks for iPhone and Blackberry
Quickbooks, one of the leading accounting packages for small businesses, has just released web interfaces for Blackberry and iPhone. The iPhone version, seen to the left, sports a very slick UI and allows easy, at-a-glance access to all of your financial information, entered into Quickbooks Online. At first glance, the web app provides a simplistic view of things. Features included are looking at who owes you, who you owe, vendors, employees, and bank accounts. Despite the initially simplistic look, as you drill down, you uncover a whole new level of detail. Even though this seems to be a killer app for referring to your financial information, I have to point out some points where they have missed the mark. First off, a standalone app, available through the App Store would have been nice for the iPhone, but it's not completely necessary. The largest oversight here is not being able to edit or add data. In my opinion, this would be one of the primary usage scenarios for this app. That said, this is version one of this app and we may see this sort of functionality being added at some point down the line. If you are already a Quickbooks Online user, these new web interfaces for Blackberry and iPhone are nice perks. I'm not sure that the introduction of these apps would be the deciding factor in jumping to Quickbooks Online, but it might help the decision.