BusinessFinancing.co.uk

Featured* Small Business Accounting Software
 

NetSuite vs IRIS Elements: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better NetSuite or IRIS Elements?

We compare them based on real user reviews, prices and what features they both offer.

NetSuite homepageIRIS Elements homepage
 

NetSuite vs IRIS Elements Basics

NetSuiteIRIS Elements
Software WebsiteNetSuite WebsiteIRIS Elements Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?BusinessesBusinesses and Accountants
HMRC Listed FeaturesNoneNone
PlatformsCloud-based application, Android, iOSCloud-based application
Note data for this section comes from HMRC here and here

NetSuite vs IRIS Elements Reviews

Wondering if NetSuite or IRIS Elements has better user reviews. We compared them below.

NetSuiteIRIS Elements
Trustpilot Rating1.93.6
Number of Trustpilot Reviews171616
iPhone App Rating2.1No Rating
Number of iPhone Reviews7No Reviews
Android App Rating1.8No Rating
Number of Android Reviews406No Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

NetSuite vs IRIS Elements Prices

Which is cheaper NetSuite or IRIS Elements? Here are their prices compared.

NetSuite pricingIRIS Elements pricing

Free Plans & Trials

NetSuiteIRIS Elements
Free Plan?NoNo
Free Trial?NoYes
Free Trial Length?No30 days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

NetSuiteIRIS Elements
Cheapest Plan Cost Per MonthNot Listed£3.00
Mid-Tier Plan Cost Per MonthNA£9.00
Top Plan Cost Per MonthNA£25.60
Data taken from each company’s website at the time of writing but may have since changed.

NetSuite vs IRIS Elements Features

NetSuite featuresIRIS Elements features

NetSuite Basic Features

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Tax Management
  • Close Management
  • Fixed Assets Management
  • Payment Management

NetSuite Software Integrations

  • Rippling
  • BambooHR
  • SAP
  • UKG
  • Namely
  • Workday
  • TaxJar
  • Deel

IRIS Elements Basic Features

  • Sole Trader & Partnerships​
  • Limited Company FRS105, FRS 102S1A & Dormant​
  • Simple chart of accounts – fixed account descriptions​
  • Simple trial balance entry​
  • Direct electronic filing to Companies House​

IRIS Elements Software Integrations

  • KashFlow
  • Xero
  • Quickbooks
  • HMRC

Common Feature Comparison

NetSuiteIRIS Elements
Payroll Software IntegrationYesYes
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentNoYes
Income Tax EstimatesYesYes
Manage Income & ExpensesYesNo
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingNoNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsYesYes
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsYesNo

NetSuiteIRIS Elements
Pros
  • User Friendly
  • Customizable
  • Data Reports
  • User Interface
  • Website Building
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
Cons
  • Learning Curve
  • Reporting Feedback
  • Not User Friendly
  • Takes Time
  • Customization Requests
  • No app

More Comparisons

NetSuite vs Kletta
NetSuite vs MYT
NetSuite vs Onvio Tax
NetSuite vs PaTMa
NetSuite vs QuickFile Accounting Software

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224