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NetSuite ERP REVIEW

Accounting Software

18 user reviews
USER SATISFACTION 99%
OUR SCORE 9.2

What is NetSuite ERP?

NetSuite ERP is a complete, scalable cloud ERP solution targeted at high-growting, mid-sized businesses and large enterprise. It automates front- and back-office processes including: financial management, revenue management, fixed assets, order management, billing, and inventory management. It allows the entire organization from the top management to the key clerical staff a customizable view of key performance indicators and reports for their role. Log in to netsuite.com for more information.

Overview of NetSuite ERP Benefits

Billed the world’s no. 1 Financial Management solution

Used by thousands of companies for their accounting needs, such as: financial close; strong expense management; streamlined and auditable revenue management; and complete real-time visibility of critical information related to the company’s financial performance. This module integrates seamlessly with other NetSuite software like order management, inventory, CRM, and e-commerce functions.

Complete visibility of your supply chain

Get a complete set of inventory management, manufacturing, and purchasing features for a more efficient supply chain that delivers an end-to-end, procure-to-pay process. Likewise, get an insightful, real-time look at key supplier, inventory and procurement indicators. Other notable features of this module include: self-service capabilities for partners; and improved collaboration between vendors and customer throughout the supply network.

Fast track quote-to-quote process

Eliminate manual bottlenecks and mistakes and speed up the order-to-cash process by creating a seamless flow from sales quote to approved order, successful order to fulfillment, and on-time invoicing to payment. NetSuite’s order and billing management module integrates your sales, finance, and fulfillment operations. The result is improved quote accuracy, reduced billing errors, stronger revenue recognition processes, and more efficient fulfillment flow.

Streamlined fulfillment flow and keep customers happy

Customer, order, invoice, and shipping information are centralized to help reduce fulfillment errors and avoid costs of reconciling shipping information. This module integrates with top shipping carriers (ex. FedEx and UPS) to help you manage your shipping needs, such as updated shipping rates and order processing costs, within NetSuite.

Accurate Revenue Recognition Management

Comply with accounting standards and generate timely financial reports with this module. NetSuite’s revenue recognition management allows you to calculate and create accurate financial statements for both product and service sales transactions occurring either on a single point in time or across various milestones.

Financial Planning Helps You Achieve Goals

This module helps you keep tab of the company vision, while providing flexibility that address the changing business landscape to ensure business stays profitable. Some of the capabilities include: “what-if” financial modeling features to aid in budgeting and forecasting; evaluation of various financial scenarios to set annual targets more accurately; and analysis of gap between actual and projected results to manage expectations.

Optimize Your Employees’ Capabilities

NetSuite Human Capital Management allows you to maximize your key people’s productivity, while keeping down the cost of managing them. Likewise, the module adapts to your organization’s growth by offering cost-effective, flexible solutions to scale up a growing, diverse or dispersed workforce.

Get the Most Out of Your Recurring Revenue Streams

This module integrates your front- and back-office workflow for a subscription-based revenue model. It allows you a complete, up-to-date view of customer information and interactions, which will help you retain customers better and ensure continuous business growth.

Overview of NetSuite ERP Features

Accounting
  • Order-to-Cash
  • Audit Trail Visibility
  • Procure-to-Pay
  • Tax Management
Fixed Asset Management
  • Flexible Depreciation Management
  • Workflow Management
  • Fixed Asset Roll forward
  • Integrated Financial Reporting
Payment Management
  • Flexible Payment Acceptance
  • Global Ready
  • Fraud Prevention
  • Flexible Payment Processing
Demand Planning
  • Demand Planning Engine
  • Gross Requirements Inquiry
  • Supply Chain Intelligence with MRP
Inventory Control and Warehouse Management
  • Cost Management
  • Order Fulfillment
  • Inventory Control
  • Inventory Visibility
Purchasing and Vendor Management
  • Integrated Process Workflow
  • Centralized Vendor Management
  • Routing and Approval
Manufacturing
  • Shop Floor Management
  • Product Costing
  • Manufacturing Routing
  • Bill of Materials
  • Materials Resource Planning
Billing Management and Invoicing
  • Flexible Billing Scheduling
  • Integrated Process Workflow
  • Shipping & Fulfillment
  • Revenue Recognition Management
  • Financial Planning
  • Human Capital Management
  • Core HRIS
  • Payroll Services
  • Incentive Compensation Management
  • NetSuite TribeHR
  • Recurring Revenue Management

NetSuite ERP Position In Our Categories

Position of NetSuite ERP in our main categories:

10

NetSuite ERP is one of the top 10 Accounting & Finance Software products

10

NetSuite ERP is one of the top 10
Accounting & Finance Software products


NetSuite ERP is also listed in the following subcategories:

Category:Position:Category:Position:
Accounting Software#8 ERP Software#3
Financial Reporting Software#6
Category:Position:
Accounting Software#8
ERP Software#3
Financial Reporting Software#6

Every organization has different needs and requires a software that can be customized for their size, type of staff members and customers, and the particular industry they are in. For these reasons, no software can proffer perfect features off-the-shelf. When you look for a software product, first be sure what you need it for. Read some NetSuite ERP reviews and ask yourself do you desire basic functionality or do you want advanced features? Are there any industry-specific functionalities that you are looking for? Obtain the answers to these questions to assist your search. There are multiple elements that you need to reflect on and these include your finances, particular business wants, your organization size, integration requirements etc. Take your time, use a few free trials, and finally select the platform that provides all that you need to enhance your organization competence and productivity.

How Much Does NetSuite ERP Cost?

NetSuite ERP Pricing Plans:

Here is the information about NetSuite ERP cost.

By quote only. NetSuite ERP price is based on modules, number of users per month and add-ons.

User Satisfaction

We realize that when you make a decision to buy ERP Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and NetSuite ERP reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with NetSuite ERP. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

63

NEGATIVE SOCIAL MENTIONS

3

Video

Technical details

Devices Supported
  • Windows
  • Android
  • iPhone/iPad
Language Support
  • USA
  • UK
  • Canada
  • China
  • Germany
  • Japan
Pricing Model
  • Monthly payment
Customer Types
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE NO.
  • TRAINING

NetSuite ERP User Reviews


Leona 2 weeks ago
Verified
user



Patty 1 month ago
Verified
user



Ken 1 month ago
Verified
user



Michelle 1 month ago
Verified
user


What are NetSuite ERP pricing details?

NetSuite ERP Pricing Plans:

Here is the information about NetSuite ERP cost.

By quote only. NetSuite ERP price is based on modules, number of users per month and add-ons.

What integrations are available for NetSuite ERP?

  • Can integrate with your existing CRM and web investments
  • NetSuite CRM
  • NetSuite Ecommerce,
  • NetSuite Professional Services Automation (PSA)
  • Third-party solutions such as:
    • Birst
    • Contivio.com
    • Epay
    • Bronto
    • ClickSoftware
    • Dell Boomi

User reviews


User reviews in total: 18

13
4
1
0
0

Average Rating:

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The most favorable review

Leona

2 weeks ago


Pros:
NetSuite has helped us to significantly enhance this portion of our business, as well as the time it takes to process personal expenses on a monthly basis. By moving from an Excel based expense reporting tool to Nexonia, we were able to reduce our expense report submission process by nearly a week.

Cons:
The product is very customizable but there is a negative as you have a lot to learn. I’ve been using NetSuite for about three years now and I still have to learn about a lot of the features. Another gripe is a lot of basic features are not available. We have made requests for about 15 enhancements with the support team. For example, I feel the bank reconciliation functionality could be made easier to use, but to be fair, the vendor is trying to improve this feature.

The least favorable review

Keith

2 months ago


Pros:
The configuration is simple and useful, I like that we can easily go live and to use workflow manager app. I often use Net Suite app to create customizable dashboard and I use its user history tracking. Also, I like its speed and zero downtime of the app.

Cons:
The price of the product is high and it is not suitable for India market. They really lack tax and business information from India, there is no payroll part and its mobile app is bit complicated.

Published 2 weeks ago
Verified
user
NetSuite has helped us to significantly enhance this portion of our business, as well as the time it takes to process personal expenses on a monthly basis. By moving from...



What do you think about this review? Great Poor
Published 1 month ago
Verified
user
We have been using NetSuite for the past few months and are very happy with its ERP functions,...



What do you think about this review? Great Poor
Published 1 month ago
Verified
user
I have been using NetSuite for the past many years and it is the best ERP software in my experience. The platform can easily scale for your company’s growing needs. It...



What do you think about this review? Great Poor
Published 1 month ago
Verified
user
We switched from Quickbooks Enterprise to NetSuite and are happy with our decision. NetSuite offers us a single effective app for marketing, ERP, and customer management,...



What do you think about this review? Great Poor
Published 2 months ago
Verified
user
The configuration is simple and useful, I like that we can easily go live and to use workflow manager app. I often use Net Suite app to create customizable dashboard and...



What do you think about this review? Great Poor
Published 2 months ago
Verified
user
We switched from QuickBooks to NetSuite and this has boosted collaboration between our team members. I appreciate that employees only have access to info based on their...



What do you think about this review? Great Poor
Published 3 months ago
Verified
user
The good thing about Netsuite is that you can do pretty much anything with it, you have unlimited amounts of custom fields and custom records and reports. It offers great...



What do you think about this review? Great Poor
Published 3 months ago
Verified
user
We implemented NetSuite in a small business and we were using it for accounting, manufacturing, inventory and website features. I like that whole data is in one place and...



What do you think about this review? Great Poor
Published 4 months ago
Verified
user
We switched from QuickBooks to NetSuite since 2013, and we implemented NetSuite as out ERP system. We run tech company that uses a subscription based. We are able to...



What do you think about this review? Great Poor
Published 4 months ago
Verified
user
We are a medium-sized manufacturing and distribution firm and we were able to go live within three months of signing the contract. This makes it the fastest...



What do you think about this review? Great Poor

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