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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-growing, mid-sized businesses and large enterprises. It automates front- and back-office processes including: financial management, revenue management, fixed assets, order management, billing, and inventory management. In such way, it provides the entire organization from the top management to the key clerical staff a customizable view of key performance indicators and reports for their role.

What makes NetSuite ERP a leader of its industry is the smartly executed combination between financial management operations and built-in business intelligence, thanks to which companies make data-driven and well-informed decisions. The platform also excels in accelerating order-to-cash processes with a robust and well-connected order management suite, where each sales and fulfillment operation is tied to pricing. NetSuite will also surprise you with best-in-class production management features and leverage full visibility into your production workflows, so that you can place products on the market efficiently and in time.

Warehouse administration is another distinctive advantage, as you can manage your inventory end-to-end, and have fulfillment data updated on a regular basis. The best part of the process is that NetSuite ERP manages all your inbound/outbound logistics while reducing the total cost of ownership. In the meantime, it will also make your procure-to-pay processes more accurate, and make sure you’ve optimized the value of your human capital with integrated HCM features.

The same as other NetSuite products, the compact ERP suite comes with a very flexible pricing scheme, where each user gets a package tailored to his exact needs. It will support your growth efforts on a price you can afford, and work seamlessly with all other products in your productivity suite to minimize your software investments. Before you make a decision, you can also subscribe for a free product tour and examine first-hand what this product can do for you.

Overview of NetSuite ERP Benefits

Billed the world’s no. 1 Financial Management solution

NetSuite accounting software is 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. At the same time, NetSuite accounting software 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.

Make more informed and entirely data-driven decisions

NetSuite ERP also comes with built-in business intelligence features, and associates those to your financial and production management data for maximal accuracy. You can use it to turn numerical data into high-quality visual analytics, and monitor the health of your business at any point of time. You can pull off a variety of reports and actionable insights, and create custom data summaries.

Grows side-by-side with your business

What makes NetSuite ERP one of the most desired systems of its kind is scalability, having in mind that it was developed to support your growth, and that its functionality is fully configurable and expandable upon need. You can add and customize functions with ease, up until you leverage an end-to-end business management system that eliminates all need to invest in third-party solutions.

Won’t be painful to afford

NetSuite ERP is a quote-priced system, which means that each client gets a price tailored exactly to his needs. For more details, contact the sales team. A free product tour is also available, so that you’d examine the features before making a purchase.

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 Software products

10

NetSuite ERP is one of the top 10
Accounting 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

Each enterprise has different needs and requires a system that can be customized for their size, type of employees and buyers, and the particular industry they are in. For these reasons, no platform can proffer perfect tools out-of-the-box. When you look for a software app, first be sure what you require it for. Read some NetSuite ERP reviews and ask yourself do you need basic functionality or do you want complex functionality? Are there any industry-specific functionalities that you are looking for? Find the answers to these questions to aid your search. There are multiple aspects that you need to reflect on and these include your budget, specific business wants, your organization size, integration needs etc. Take your time, use a few free trials, and finally select the app that presents all that you need to boost your company effectiveness and productivity.

How Much Does NetSuite ERP Cost?

NetSuite ERP Pricing Plans:

NetSuite ERP is available on by quote basis. Please contact the vendor directly to get a customized quote for your company. NetSuite ERP’s enterprise pricing 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

204

NEGATIVE SOCIAL MENTIONS

3

Video

Technical details

Devices Supported
  • Windows
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
Language Support
  • USA
  • UK
  • Canada
  • International
  • China
  • Germany
  • Japan
Pricing Model
  • Monthly payment
  • Quote-based
Customer Types
  • Large Enterprises
  • Medium Business
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE NO.
  • TRAINING

NetSuite ERP User Reviews


Leona 4 months ago
Verified
user



Patty 4 months ago
Verified
user



Ken 4 months ago
Verified
user



Michelle 4 months ago
Verified
user


What are NetSuite ERP pricing details?

NetSuite ERP Pricing Plans:

NetSuite ERP is available on by quote basis. Please contact the vendor directly to get a customized quote for your company. NetSuite ERP’s enterprise pricing is based on modules, number of users per month and add-ons.

What integrations are available for NetSuite ERP?

NetSuite ERP offers the following integration options:

  • 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

4 months 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

5 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 4 months 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 4 months 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 4 months 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...



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Published 4 months 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 5 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 5 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 6 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 7 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 7 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 8 months ago
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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...



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