Light vs NetSuite

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Light vs NetSuite

Light

Fast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standard

Founding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm)

VS

NetSuite

Businesses from startups to enterprises, including small, mid-sized, fast-growing, family-owned and investment-backed companies

1998, as NetLedger

Light and NetSuite are both cloud ERPs that run the general ledger, payables, receivables and consolidation for groups with several entities.

Light, based in Copenhagen with offices in London and Stockholm, is an agentic ERP for fast-growing groups with subsidiaries in several countries; NetSuite, owned by Oracle since 2016, is an ERP suite covering financials, supply chain, CRM, e-commerce and HR for more than 44,000 customers.

Light vs NetSuite: side by side

“Not published” means the vendor does not state it.

LightNetSuite
What it doesAgentic ERP: general ledger, payables, receivables, cards and consolidation for every entity, with AI agents doing the routine workCloud ERP suite covering financials, supply chain, CRM, e-commerce and HR, with embedded AI
Best forFast-growing, multi-entity groups with subsidiaries in several countries and more than one accounting standardBusinesses from startups to enterprises, including small, mid-sized, fast-growing, family-owned and investment-backed companies
Founded and HQFounding year not published; Copenhagen, Denmark (offices in London, Copenhagen and Stockholm)1998, as NetLedger
Ownership and fundingPrivate limited company (Light Company ApS), registered in Denmark; funding not publishedOwned by Oracle since 2016
Customers or usersNamed customers include Tillo, Famly, All Gravy, Ocean.io, Paebbl and OfficeguruMore than 44,000
PricingNot publishedNot published; quote on request (the site offers a free product demo)
Deployment and markets19 countries supported, including the UK, US, Canada, Germany, France, the Nordics, Australia and Singapore; site in nine languagesCloud; local sites across the Americas, Asia-Pacific and EMEA, including the US/Canada, UK, France, Germany, Spain, Australia, India and Japan

Main differences

Scope

NetSuite covers supply chain, CRM, e-commerce and HR as well as financials; Light covers the general ledger, payables, receivables, cards and consolidation, with 600+ free apps for areas such as inventory and FP&A.

AI

Light's agents handle approvals, bills, reconciliation, consolidation, close and collections, with every action logged to the agent that took it; NetSuite has AI embedded across its suite.

Maturity

NetSuite began in 1998 as NetLedger and has more than 44,000 customers; Light names customers including Tillo, Famly and Officeguru and has 110+ team members.

Multi-entity

Light keeps one ledger for every entity, currency and accounting standard, eliminating intercompany as transactions post; NetSuite serves businesses from startups to enterprises through local sites across the Americas, Asia-Pacific and EMEA.

Which to choose

Choose Light if

  • You run a fast-growing group with subsidiaries in several countries and more than one accounting standard, and want agents doing the routine work

Choose NetSuite if

  • You need supply chain, CRM, e-commerce or HR in the same suite as your financials

Compare further

Common questions

What is the difference between Light and NetSuite?+

Light is an agentic ERP covering the general ledger, payables, receivables, cards and consolidation for every entity, with AI agents doing the routine work. NetSuite is a cloud ERP suite covering financials, supply chain, CRM, e-commerce and HR, with embedded AI.

Who owns Light and NetSuite?+

Light is a private limited company, Light Company ApS, registered in Denmark; it does not publish its funding. NetSuite has been owned by Oracle since 2016; it began in 1998 as NetLedger.

Where are Light and NetSuite available?+

Light supports 19 countries, including the UK, US, Canada, Germany, France, the Nordics, Australia and Singapore, with its site in nine languages. NetSuite has local sites across the Americas, Asia-Pacific and EMEA, including the US and Canada, the UK, France, Germany, Spain, Australia, India and Japan.

Part of Accountio’s accounting technology coverage.