What users are saying about
37 Ratings
378 Ratings
37 Ratings
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Score 9.4 out of 100
378 Ratings
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Score 7.1 out of 100

Likelihood to Recommend

Kyriba

Well suited:
  • Payment hub, managed to pay multiple thousands of payments daily without suffering delays, including payments to different continents
  • Router of different format files via SWIFT communication channel to multiple banks
  • Easy to setup approval rules, options to base the different approval colleges in the transaction type, the amount, the account, the country, etc. and to setup as approvers one single user, a group of users, tailor-made rules (one user can provide first approval and a list of specific users can provide second, but not possible the other way around, etc.)
Less appropriate:
  • Would not recommend Kyriba to manage your intercompany loans, not user friendly at all and competitors offers many more options
  • In my opinion, tool is intended for companies with a high volume of payments, if you are only going to process a few, costs are too high
Eric Matellán | TrustRadius Reviewer

NetSuite

I am a huge advocate for NetSuite, because the system is user-friendly (after a little training) and because it is so customizable. I would recommend NetSuite to any business with more than one company and especially businesses with companies based in more than one country. Small, medium and large companies can leverage the NetSuite platform to suit their needs, whether simple or complex.NetSuite has a number of taxation features that can help to automate return filings, so any business looking to systematize certain tax areas will find the system very useful.NetSuite allows great transparency across an organization and adopts a "one source of truth" methodology. If you have Finance, Accounting, Marketing, Sales, Operations, etc. all working in the same platform and working with the same data, there is less room for data discrepancies and more reliance can be placed upon the system outputs.If a business has a disconnect between Finance, Accounting, Marketing, Sales, Operations, etc. NetSuite will allow that business to come together and automate processes within a single system. There is no need for external system connectors, saving the business time (maintaining the connections) and money (saving on subscription fees to third-party connector vendors).
Sonny Spencer, ACA | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Kyriba
NetSuite
7.0
Pay calculation
Kyriba
NetSuite
5.9
Benefit plan administration
Kyriba
NetSuite
6.5
Direct deposit files
Kyriba
NetSuite
7.0
Salary revision and increment management
Kyriba
NetSuite
8.0
Reimbursement management
Kyriba
NetSuite
7.5

Customization

Kyriba
NetSuite
6.2
API for custom integration
Kyriba
NetSuite
6.3
Plug-ins
Kyriba
NetSuite
6.2

Security

Kyriba
NetSuite
7.6
Single sign-on capability
Kyriba
NetSuite
7.9
Role-based user permissions
Kyriba
NetSuite
7.3

Reporting & Analytics

Kyriba
NetSuite
6.3
Dashboards
Kyriba
NetSuite
6.5
Standard reports
Kyriba
NetSuite
6.3
Custom reports
Kyriba
NetSuite
6.0

General Ledger and Configurable Accounting

Kyriba
NetSuite
6.8
Accounts payable
Kyriba
NetSuite
7.3
Accounts receivable
Kyriba
NetSuite
7.4
Global Financial Support
Kyriba
NetSuite
7.0
Primary and Secondary Ledgers
Kyriba
NetSuite
7.8
Intercompany Accounting
Kyriba
NetSuite
7.1
Localizations
Kyriba
NetSuite
7.7
Journals and Reconciliations
Kyriba
NetSuite
6.9
Enterprise Accounting
Kyriba
NetSuite
7.4
Configurable Accounting
Kyriba
NetSuite
7.5
Centralized Rules Framework
Kyriba
NetSuite
6.3
Standardized Processes
Kyriba
NetSuite
7.8

Inventory Management

Kyriba
NetSuite
5.5
Inventory tracking
Kyriba
NetSuite
6.0
Automatic reordering
Kyriba
NetSuite
5.6
Location management
Kyriba
NetSuite
5.6
Manufacturing module
Kyriba
NetSuite
5.0

Order Management

Kyriba
NetSuite
6.7
Pricing
Kyriba
NetSuite
6.8
Order entry
Kyriba
NetSuite
6.1
Credit card processing
Kyriba
NetSuite
7.2
Cost of goods sold
Kyriba
NetSuite
7.0
Order Orchestration
Kyriba
NetSuite
6.9
End-to-end order visibility
Kyriba
NetSuite
6.8
Order exception Resolution
Kyriba
NetSuite
6.2

Subledger and Financial Process

Kyriba
NetSuite
6.9
Automated Invoice Processing
Kyriba
NetSuite
7.2
Shared Services Payments
Kyriba
NetSuite
6.3
Billings Management
Kyriba
NetSuite
6.9
Customer Receipt Applications
Kyriba
NetSuite
6.9
Customer Collections
Kyriba
NetSuite
7.2
Revenue Recognition
Kyriba
NetSuite
7.7
Cash Management
Kyriba
NetSuite
6.7
Asset Management
Kyriba
NetSuite
6.1
Travel & Expense Management
Kyriba
NetSuite
6.9
Budgetary Control & Encumbrance Accounting
Kyriba
NetSuite
6.7
Period Close
Kyriba
NetSuite
7.6
Transactions Tax
Kyriba
NetSuite
6.9
Subledger Reconciliations
Kyriba
NetSuite
7.0
3rd Party Accounting Systems
Kyriba
NetSuite
6.1

Project Financial Management

Kyriba
NetSuite
6.5
Budgeting and Forecasting
Kyriba
NetSuite
5.8
Project Costing
Kyriba
NetSuite
6.6
Cost Capture
Kyriba
NetSuite
6.7
Capital Project Management
Kyriba
NetSuite
7.2
Customer Invoicing
Kyriba
NetSuite
6.7
Customer Contract Compliance
Kyriba
NetSuite
7.5
Project Revenue Recognition
Kyriba
NetSuite
6.2
Project Financial Performance Analysis
Kyriba
NetSuite
6.6
Project Financials Dashboard
Kyriba
NetSuite
6.3
Real-time Financial Reporting
Kyriba
NetSuite
6.4
Embedded Business Intelligence
Kyriba
NetSuite
5.8
Project Planning Collaboration
Kyriba
NetSuite
5.6

Project Execution Management

Kyriba
NetSuite
6.7
Project Planning and Scheduling
Kyriba
NetSuite
5.7
Project Manager Dashboard
Kyriba
NetSuite
5.2
Resource Manager Dashboard
Kyriba
NetSuite
5.5
Task Insight for Project Managers
Kyriba
NetSuite
7.0
Project Manager Mobile Functionality
Kyriba
NetSuite
7.1
Team Member Task Collaboration
Kyriba
NetSuite
6.5
Team Member Mobile Functionality
Kyriba
NetSuite
7.1
Project Candidate Search
Kyriba
NetSuite
7.0
Project Candidate Comparison and Analysis
Kyriba
NetSuite
7.0
Defineable Resource Pools
Kyriba
NetSuite
7.4
Defineable Resource Pools
Kyriba
NetSuite
7.4
Talent Profiles
Kyriba
NetSuite
6.3
Real-Time Project Reporting
Kyriba
NetSuite
7.0
Absence Management
Kyriba
NetSuite
7.4
Product Lifecycle Management
Kyriba
NetSuite
7.8

Grants Management

Kyriba
NetSuite
6.5
Award Lifecycle Management
Kyriba
NetSuite
6.4
Spending Control
Kyriba
NetSuite
6.8
Indirect Cost Management
Kyriba
NetSuite
7.2
Billing
Kyriba
NetSuite
5.8

Procurement

Kyriba
NetSuite
7.2
Sourcing Team Collaboration
Kyriba
NetSuite
7.4
Sourcing Analysis
Kyriba
NetSuite
6.3
Bids Analyzed and Compared
Kyriba
NetSuite
7.0
Catalog Shopping E-Commerce for Employees
Kyriba
NetSuite
5.6
Contract Authoring
Kyriba
NetSuite
7.0
Contract Compliance Management
Kyriba
NetSuite
7.0
Contract History
Kyriba
NetSuite
7.5
Contract Renewal Automation
Kyriba
NetSuite
8.0
Contract Repository
Kyriba
NetSuite
7.5
Contract Standardization and Enforcement
Kyriba
NetSuite
7.5
Electronic Signatures
Kyriba
NetSuite
7.4
Invoice Automated Matching
Kyriba
NetSuite
6.3
Purchasing Risk and Compliance Management
Kyriba
NetSuite
6.5
Requisitions-to-Purchase Orders Integrated
Kyriba
NetSuite
7.4
Spend Compliance Management
Kyriba
NetSuite
7.8
Supplier Assessment
Kyriba
NetSuite
7.7
Supplier Communication and Collaboration
Kyriba
NetSuite
7.8
Supplier Management
Kyriba
NetSuite
8.1
Supplier Portal
Kyriba
NetSuite
7.7

Risk Management

Kyriba
NetSuite
7.2
Risk Repository
Kyriba
NetSuite
7.0
Control Management
Kyriba
NetSuite
7.0
Control Mapping
Kyriba
NetSuite
6.6
Control Efficiency Assessments
Kyriba
NetSuite
7.4
Automated Control Assessments
Kyriba
NetSuite
7.4
Assessment Capture
Kyriba
NetSuite
7.8
Issue Detection
Kyriba
NetSuite
7.4
Automatic Notification
Kyriba
NetSuite
7.4
Remediation and Certification
Kyriba
NetSuite
7.0

Logistics

Kyriba
NetSuite
5.5
Transportation Planning and Optimization
Kyriba
NetSuite
5.3
Transportation Sourcing Management
Kyriba
NetSuite
5.6
Transportation Process Integration
Kyriba
NetSuite
6.3
Transportation Execution Management
Kyriba
NetSuite
5.8
Freight Payment Automation
Kyriba
NetSuite
5.4
Trade Management
Kyriba
NetSuite
5.1
Trade Regulatory Compliance Management
Kyriba
NetSuite
7.5
Customs Entry Management
Kyriba
NetSuite
5.4
Customs Document Management
Kyriba
NetSuite
4.9
Customs Document Collaboration
Kyriba
NetSuite
4.6
Fulfillment Management
Kyriba
NetSuite
5.1
Inventory Visibility
Kyriba
NetSuite
5.6
Warehouse Workforce Management
Kyriba
NetSuite
5.4

Manufacturing

Kyriba
NetSuite
5.0
Production Process Design
Kyriba
NetSuite
5.8
Supply Chain Business Flows
Kyriba
NetSuite
4.5
Production Management
Kyriba
NetSuite
4.3
Contracted Manufacturing Management
Kyriba
NetSuite
4.3
Configuration Management
Kyriba
NetSuite
7.0
Work Definition
Kyriba
NetSuite
3.4
Work Execution
Kyriba
NetSuite
4.3
Advanced Fulfillment
Kyriba
NetSuite
6.0
Manufacturing Costs
Kyriba
NetSuite
5.6

Supply Chain

Kyriba
NetSuite
5.8
Forecasting
Kyriba
NetSuite
5.4
Inventory Planning
Kyriba
NetSuite
4.8
Multi-tier Supply Chain Planning
Kyriba
NetSuite
7.3
Performance Monitoring
Kyriba
NetSuite
5.8

Product Lifecycle Management

Kyriba
NetSuite
5.6
Ideation Management
Kyriba
NetSuite
6.1
Requirements Management
Kyriba
NetSuite
8.0
Proposal Management
Kyriba
NetSuite
3.4
Innovation Portfolio Management
Kyriba
NetSuite
5.1
Product Master Data Management
Kyriba
NetSuite
5.1
Vendor Portal
Kyriba
NetSuite
5.5
Project Portfolio Management
Kyriba
NetSuite
6.1

Pros

Kyriba

  • Kyriba is great for creating a position of cash flow. We are able to use that information to create an accurate daily cash position that is used by Management in the decision making processes. With all the bank information reporting into Kyriba we are able to easily monitor liquidity.
  • Kyriba makes it easy to monitor the activity in multiple bank accounts across the organization. Having all the transactions feeding into a centralized platform saves us valuable time each morning. This also increases our visibility into each account.
  • Kyriba is able to track all of our financial instruments for us. It is easy to update information for our various loans because it is all in one location. We are able to run reports at month end at the push of a button so we can reconcile our activity against the bank reports.
Lina Isabel Rauh | TrustRadius Reviewer

NetSuite

  • Integrates. NetSuite is particularly good at integrating with other products. For example, we integrate NetSuite with Adaptive Planning in order to bring actual financials together with forecast and budget data, which is then used for analysis and reporting. We also integrate NetSuite with other administration platforms so invoicing and commissions can be done rather seamlessly.
  • Intuitive. NetSuite is extremely intuitive. I started using it without any training and was easy to learn. It takes a little practice to learn the reporting system, but if you are just looking for client or vendor information it is as easy as typing the name or ID into the search box at the top.
  • Easy to Support. While setup is important and takes a lot of hours, the ongoing support is outstanding when compared to some of the other big enterprise systems. The previous enterprise system I used needed 4 full time programmers on staff just to keep it running, and it still kept getting outdated. The cloud application and seamless upgrades make this product superior.
Chris Snelling, CFA | TrustRadius Reviewer

Cons

Kyriba

  • Keep working on adding content and functionality to Cash Forecasting, especially looking out 1-2 years (or more) to create a daily/weekly/monthly/annual forecast and do variance analysis.
  • Improve Bank Fee module to add more variance analysis, benchmarking, and reporting. The last I looked, it mainly converted the 822 files to excel reports and did some comparison to the bank's original per item pricing, but not much more than that.
  • Haven't used their BAMS module as yet, and it probably improved since the last time I looked at it, but at the time, it was pretty good but needed more work. Kyriba needs to work with the main banks to allow their BAMS forms and activity to be accepted by the banks, and ideally integrated with the banks. The big problem in this space isn't Kyriba - it's the lack of standard forms and processes within the industry for Bank Account Management. Hoping Kyriba and other TMS/BAMS providers can help drive this.
Steve Walden | TrustRadius Reviewer

NetSuite

  • Consolidated invoicing. Generally, I think it's not a problem for NetSuite customers, and the potential, infrequent multiple invoicing to a given customer is likely okay. However, there may be instances producing 3 or more invoices per month for a given customer. The only consolidation solution offered is their homegrown "SuiteSolution" called Consolidated Invoicing. I don't use it but have had demos and discussions. Really need something slicker.
  • Fixed Assets Management. I use their SuiteSolution, Fixed Assets Management. It's not part of core NetSuite so there are inconsistencies with the rest of the system, some performance annoyances, and weaker reporting capabilities. It's a better product than other fixed asset solutions I've tried!
  • A very recent frustration of mine is that it is not possible without customization to display tax amounts per line in a transaction. This should be native. The per-line tax amount is available in a saved search; the per-line tax rate is available to display on the transaction; the tax amount can be displayed in the PDF generated. Why not show the amount in the system? Fortunately, it's easy to create a custom field/column that multiplies tax rate with an amount to give you tax amount. Pretty minor in the scheme of things, but fresh in my mind.
Joshua Henke | TrustRadius Reviewer

Likelihood to Renew

Kyriba

Kyriba 10.0
Based on 1 answer
It has become an important tool that is used daily.
Terri Haga, CTP | TrustRadius Reviewer

NetSuite

NetSuite 8.0
Based on 22 answers
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
Billy Barker | TrustRadius Reviewer

Usability

Kyriba

Kyriba 8.0
Based on 1 answer
It can always be better. There needs to be more instances wherein the user can make changes that work for them and those changes would be saved for future use, not having to make the same changes over and over again.
Terri Haga, CTP | TrustRadius Reviewer

NetSuite

NetSuite 9.0
Based on 11 answers
Through creation of various dashboards and KPIs the user does not really need to get very technically involved. They simply need to understand how to fill out a form, and through proper workflow creations they can be alerted when it is time to provide the necessary information or perform a necessary action to complete the next phase of the business process.
Felix Garbuz | TrustRadius Reviewer

Reliability and Availability

Kyriba

No score
No answers yet
No answers on this topic

NetSuite

NetSuite 9.4
Based on 13 answers
Netsuite is never down. In the past year, we have been down only when we have internet issues
Aaron Kleinhandler | TrustRadius Reviewer

Performance

Kyriba

No score
No answers yet
No answers on this topic

NetSuite

NetSuite 7.7
Based on 12 answers
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
Pamela Roberts | TrustRadius Reviewer

Support Rating

Kyriba

Kyriba 9.7
Based on 4 answers
We have weekly calls with our support team to discuss ongoing implementation projects and other issues we find from time to time. They are very responsive to any questions we have and can escalate issues to a higher level of support if they do not have the expertise necessary to fix the problem. They are helpful in coordinating testing with banks if necessary, and provide regular statistics regarding support calls, causes of problems, and resolution.
Anonymous | TrustRadius Reviewer

NetSuite

NetSuite 1.0
Based on 10 answers
In my opinion, the best place to go to answer your NetSuite functionality questions is their Online Help. It is excellent. For true support questions, NetSuite offers a Knowledgebase to its customers. Also, for ERP, NetSuite has licensed accountants that provide support. With any support organization, you must be thorough in describing your issue though.

NetSuite has several different support levels - http://www.netsuite.com/portal/services/support_main.shtml
Rob Gottschalk | TrustRadius Reviewer

In-Person Training

Kyriba

No score
No answers yet
No answers on this topic

NetSuite

NetSuite 7.3
Based on 2 answers
The general Admin training is good but very soft for the high technical stuff
Felix Garbuz | TrustRadius Reviewer

Online Training

Kyriba

No score
No answers yet
No answers on this topic

NetSuite

NetSuite 8.0
Based on 7 answers
Relatively easy and if time permits e
Felix Garbuz | TrustRadius Reviewer

Implementation Rating

Kyriba

Kyriba 8.0
Based on 2 answers
We had some issues with one of the implementation people provided by Kyriba. The communication skills were lacking, with assumptions being made as to what we knew already. It was very frustrating. Once that was resolved, further module implementations have been smoother.
Terri Haga, CTP | TrustRadius Reviewer

NetSuite

NetSuite 7.3
Based on 9 answers
Executive involvement is critical. Make sure you have a good handle on the metrics you would like to ultimately manage. Work as a team to document your business requirements. Whiteboard often. Understand NetSuite's best practice capabilities.

Have a central person identified to handle all report and analysis requests (ie - don't allow multiple people to create reports; have one person create reports and distribute them to decision makers via the NS dashboard or whatever form). Make sure you understand critical dates and develop the project plan accordingly
Rob Gottschalk | TrustRadius Reviewer

Alternatives Considered

Kyriba

Kyriba offers a more comprehensive and end to end workflow for a SaaS offering. It is structured around Cash management/visibility but has sufficient functionality for complementary functions to serve as a stand-alone system at a better cost than its competitors. It is more mature as a product without being too functionally convoluted or diffuse.
Anonymous | TrustRadius Reviewer

NetSuite

We selected Netsuite over Financial Force because at that moment Netsuite had a localization feature we needed to consolidate financial information from a company outside the US and they had the feature for the accounting rules of that specific country.
Nicolas Costa Ossa | TrustRadius Reviewer

Scalability

Kyriba

No score
No answers yet
No answers on this topic

NetSuite

NetSuite 8.4
Based on 5 answers
Because it has a relatively low price of entry for the base modules and then you pay per user, you can start out small and expand as you need to. I've seen it used with 1 user all the way up to hundreds of users. Imagine experiencing all that growth without implementing a new ERP system!
Dana Larson | TrustRadius Reviewer

Return on Investment

Kyriba

  • It has enabled us to gather up to date information across numerous entities in one place. Because of this, we have been able to analyse our group cash as a whole much more easily and see our high and low cash positions a lot sooner than before we used Kyriba. This has improved our investment returns management ten-fold.
Simon Barker | TrustRadius Reviewer

NetSuite

  • Very positive impact! Our old accounting system needed constant day to day maintenance between modules to get accurate reporting. Manufactured items were not calculating costs correctly so reports were never accurate.
  • The cloud based platform has save me SOOOOOOOOOOO much time not maintaining servers, workstations etc. Adding users and work stations are as simple as just having a computer with internet access.
  • Dashboard reminders really help me keep track of everything going on (or going wrong) within our organization. Problem troubleshooting is much easier with Netsuite.
Cindy Rumpf Novack | TrustRadius Reviewer

Screenshots

Pricing Details

Kyriba

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

NetSuite

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

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