What users are saying about
7 Ratings
368 Ratings
7 Ratings
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Score 7.9 out of 100
368 Ratings
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Score 7.1 out of 100

Likelihood to Recommend

Munis

Munis is great for any sort of data keeping and accounting work. There are features of Munis that I am still not familiar with even after 6 years of use. Munis would not be very good for a point of sale sort of operation like a retail store because it just simply is not set up for that sort of operation.
Kristen Reeves | 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

Munis
8.8
NetSuite
5.4
Pay calculation
Munis
10.0
NetSuite
4.8
Benefit plan administration
Munis
6.0
NetSuite
5.0
Direct deposit files
Munis
9.0
NetSuite
5.0
Salary revision and increment management
Munis
10.0
NetSuite
6.0
Reimbursement management
Munis
NetSuite
6.0

Customization

Munis
10.0
NetSuite
6.4
API for custom integration
Munis
10.0
NetSuite
6.5
Plug-ins
Munis
10.0
NetSuite
6.4

Security

Munis
10.0
NetSuite
7.6
Single sign-on capability
Munis
10.0
NetSuite
7.7
Role-based user permissions
Munis
10.0
NetSuite
7.4

Reporting & Analytics

Munis
9.3
NetSuite
6.3
Dashboards
Munis
10.0
NetSuite
6.5
Standard reports
Munis
9.6
NetSuite
6.2
Custom reports
Munis
8.2
NetSuite
6.1

General Ledger and Configurable Accounting

Munis
9.9
NetSuite
6.8
Accounts payable
Munis
10.0
NetSuite
7.2
Accounts receivable
Munis
10.0
NetSuite
7.3
Global Financial Support
Munis
10.0
NetSuite
6.9
Primary and Secondary Ledgers
Munis
10.0
NetSuite
7.7
Intercompany Accounting
Munis
10.0
NetSuite
6.8
Localizations
Munis
10.0
NetSuite
7.7
Journals and Reconciliations
Munis
10.0
NetSuite
6.9
Enterprise Accounting
Munis
9.2
NetSuite
7.6
Configurable Accounting
Munis
10.0
NetSuite
7.6
Centralized Rules Framework
Munis
10.0
NetSuite
5.9
Standardized Processes
Munis
9.5
NetSuite
7.7

Order Management

Munis
10.0
NetSuite
6.7
Credit card processing
Munis
10.0
NetSuite
7.2
Pricing
Munis
NetSuite
6.7
Order entry
Munis
NetSuite
6.1
Cost of goods sold
Munis
NetSuite
6.9
Order Orchestration
Munis
NetSuite
6.8
End-to-end order visibility
Munis
NetSuite
7.0
Order exception Resolution
Munis
NetSuite
6.1

Subledger and Financial Process

Munis
9.7
NetSuite
6.8
Automated Invoice Processing
Munis
8.9
NetSuite
7.3
Shared Services Payments
Munis
10.0
NetSuite
6.4
Billings Management
Munis
10.0
NetSuite
6.8
Customer Receipt Applications
Munis
10.0
NetSuite
6.8
Customer Collections
Munis
10.0
NetSuite
7.2
Revenue Recognition
Munis
9.5
NetSuite
7.6
Cash Management
Munis
9.5
NetSuite
6.5
Asset Management
Munis
9.0
NetSuite
5.8
Travel & Expense Management
Munis
10.0
NetSuite
6.8
Budgetary Control & Encumbrance Accounting
Munis
10.0
NetSuite
6.8
Period Close
Munis
9.5
NetSuite
7.6
Transactions Tax
Munis
10.0
NetSuite
6.8
Subledger Reconciliations
Munis
10.0
NetSuite
6.7
3rd Party Accounting Systems
Munis
10.0
NetSuite
5.5

Project Financial Management

Munis
9.6
NetSuite
6.1
Budgeting and Forecasting
Munis
10.0
NetSuite
5.5
Project Costing
Munis
7.6
NetSuite
6.3
Cost Capture
Munis
7.6
NetSuite
6.6
Capital Project Management
Munis
10.0
NetSuite
6.8
Customer Invoicing
Munis
10.0
NetSuite
6.6
Customer Contract Compliance
Munis
10.0
NetSuite
7.3
Project Revenue Recognition
Munis
10.0
NetSuite
6.0
Project Financial Performance Analysis
Munis
10.0
NetSuite
6.2
Project Financials Dashboard
Munis
10.0
NetSuite
5.8
Real-time Financial Reporting
Munis
10.0
NetSuite
6.3
Embedded Business Intelligence
Munis
10.0
NetSuite
4.7
Project Planning Collaboration
Munis
10.0
NetSuite
4.9

Procurement

Munis
10.0
NetSuite
6.6
Requisitions-to-Purchase Orders Integrated
Munis
10.0
NetSuite
7.1
Sourcing Team Collaboration
Munis
NetSuite
7.2
Sourcing Analysis
Munis
NetSuite
6.5
Bids Analyzed and Compared
Munis
NetSuite
6.5
Catalog Shopping E-Commerce for Employees
Munis
NetSuite
5.2
Contract Authoring
Munis
NetSuite
6.1
Contract Compliance Management
Munis
NetSuite
6.1
Contract History
Munis
NetSuite
6.1
Contract Renewal Automation
Munis
NetSuite
6.0
Contract Repository
Munis
NetSuite
6.0
Contract Standardization and Enforcement
Munis
NetSuite
6.0
Electronic Signatures
Munis
NetSuite
6.5
Invoice Automated Matching
Munis
NetSuite
6.5
Purchasing Risk and Compliance Management
Munis
NetSuite
6.5
Spend Compliance Management
Munis
NetSuite
7.7
Supplier Assessment
Munis
NetSuite
7.0
Supplier Communication and Collaboration
Munis
NetSuite
7.2
Supplier Management
Munis
NetSuite
7.8
Supplier Portal
Munis
NetSuite
7.0

Inventory Management

Munis
NetSuite
5.4
Inventory tracking
Munis
NetSuite
6.1
Automatic reordering
Munis
NetSuite
5.4
Location management
Munis
NetSuite
5.5
Manufacturing module
Munis
NetSuite
4.7

Project Execution Management

Munis
NetSuite
6.1
Project Planning and Scheduling
Munis
NetSuite
5.1
Project Manager Dashboard
Munis
NetSuite
4.7
Resource Manager Dashboard
Munis
NetSuite
4.4
Task Insight for Project Managers
Munis
NetSuite
6.0
Project Manager Mobile Functionality
Munis
NetSuite
6.6
Team Member Task Collaboration
Munis
NetSuite
6.0
Team Member Mobile Functionality
Munis
NetSuite
6.6
Project Candidate Search
Munis
NetSuite
6.4
Project Candidate Comparison and Analysis
Munis
NetSuite
6.4
Defineable Resource Pools
Munis
NetSuite
6.4
Defineable Resource Pools
Munis
NetSuite
6.4
Talent Profiles
Munis
NetSuite
5.9
Real-Time Project Reporting
Munis
NetSuite
6.4
Absence Management
Munis
NetSuite
7.0
Product Lifecycle Management
Munis
NetSuite
7.0

Grants Management

Munis
NetSuite
6.5
Award Lifecycle Management
Munis
NetSuite
6.7
Spending Control
Munis
NetSuite
6.7
Indirect Cost Management
Munis
NetSuite
6.7
Billing
Munis
NetSuite
5.8

Risk Management

Munis
NetSuite
6.7
Risk Repository
Munis
NetSuite
7.0
Control Management
Munis
NetSuite
6.4
Control Mapping
Munis
NetSuite
6.4
Control Efficiency Assessments
Munis
NetSuite
6.4
Automated Control Assessments
Munis
NetSuite
6.4
Assessment Capture
Munis
NetSuite
7.0
Issue Detection
Munis
NetSuite
7.0
Automatic Notification
Munis
NetSuite
7.0
Remediation and Certification
Munis
NetSuite
6.4

Logistics

Munis
NetSuite
4.3
Transportation Planning and Optimization
Munis
NetSuite
4.2
Transportation Sourcing Management
Munis
NetSuite
4.2
Transportation Process Integration
Munis
NetSuite
5.1
Transportation Execution Management
Munis
NetSuite
4.1
Freight Payment Automation
Munis
NetSuite
4.1
Trade Management
Munis
NetSuite
3.6
Trade Regulatory Compliance Management
Munis
NetSuite
6.0
Customs Entry Management
Munis
NetSuite
4.1
Customs Document Management
Munis
NetSuite
3.4
Customs Document Collaboration
Munis
NetSuite
3.1
Fulfillment Management
Munis
NetSuite
3.8
Inventory Visibility
Munis
NetSuite
5.0
Warehouse Workforce Management
Munis
NetSuite
4.4

Manufacturing

Munis
NetSuite
5.2
Production Process Design
Munis
NetSuite
4.9
Supply Chain Business Flows
Munis
NetSuite
4.1
Production Management
Munis
NetSuite
4.1
Contracted Manufacturing Management
Munis
NetSuite
3.9
Configuration Management
Munis
NetSuite
7.7
Work Definition
Munis
NetSuite
3.6
Work Execution
Munis
NetSuite
4.5
Advanced Fulfillment
Munis
NetSuite
7.3
Manufacturing Costs
Munis
NetSuite
6.3

Supply Chain

Munis
NetSuite
5.1
Forecasting
Munis
NetSuite
4.7
Inventory Planning
Munis
NetSuite
4.1
Multi-tier Supply Chain Planning
Munis
NetSuite
6.8
Performance Monitoring
Munis
NetSuite
4.8

Product Lifecycle Management

Munis
NetSuite
4.7
Ideation Management
Munis
NetSuite
4.6
Requirements Management
Munis
NetSuite
7.0
Proposal Management
Munis
NetSuite
3.6
Innovation Portfolio Management
Munis
NetSuite
4.1
Product Master Data Management
Munis
NetSuite
4.1
Vendor Portal
Munis
NetSuite
4.7
Project Portfolio Management
Munis
NetSuite
4.6

Pros

Munis

  • Excellent for the municipal Financial program. Completely paperless.
  • Workflow is easy and easy to adjust.
  • Very Very user friendly even for the non computer savvy employees.
  • Windows based so easy to navigate.
  • Excellent help desk.
Anonymous | 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

Munis

  • Submitting a purchase order requires lots of tabbing through fields
  • The product has lots of features, but they require additional training to understand how to use
  • Generating reports can sometimes be difficult
Todd McGee | 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

Munis

No score
No answers yet
No answers on this topic

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

Munis

No score
No answers yet
No answers on this topic

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

Munis

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

Munis

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

Munis

No score
No answers yet
No answers on this topic

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

Munis

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

Munis

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

Munis

No score
No answers yet
No answers on this topic

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

Munis

No answers on this topic

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

Munis

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

Munis

  • Munis has prevented our office from needing multiple software programs to house all of our information.
  • All of our employees have access to the same information, on the same software.
  • Munis has made day-to-day operations smoother for our office because we are not constantly flipping between programs or software.
Kristen Reeves | 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

Pricing Details

Munis

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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