What users are saying about
392 Ratings
Top Rated
223 Ratings
392 Ratings
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Score 7 out of 100
Top Rated
223 Ratings
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Score 8.1 out of 100

Likelihood to Recommend

NetSuite ERP

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

PeopleSoft

PeopleSoft Financials really fits well for us because it is one stop solution for all the problems. For example, our offices are in India, US, UK and we do business in multiple geographical regions. With the help of Multi currency set up we are able to post everything to ledger in one currency and do our accounting. The only place where it doesn't work is Services Procurement because there are multiple way to pay Services.
Jayesh Jhurani | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

NetSuite ERP
7.0
PeopleSoft
8.0
Pay calculation
NetSuite ERP
5.9
PeopleSoft
8.3
Benefit plan administration
NetSuite ERP
6.5
PeopleSoft
8.0
Direct deposit files
NetSuite ERP
7.1
PeopleSoft
8.0
Salary revision and increment management
NetSuite ERP
8.1
PeopleSoft
8.0
Reimbursement management
NetSuite ERP
7.5
PeopleSoft
7.8

Customization

NetSuite ERP
6.3
PeopleSoft
7.8
API for custom integration
NetSuite ERP
6.4
PeopleSoft
8.0
Plug-ins
NetSuite ERP
6.1
PeopleSoft
7.7

Security

NetSuite ERP
7.3
PeopleSoft
8.3
Single sign-on capability
NetSuite ERP
7.7
PeopleSoft
8.2
Role-based user permissions
NetSuite ERP
6.9
PeopleSoft
8.4

Reporting & Analytics

NetSuite ERP
6.5
PeopleSoft
7.4
Dashboards
NetSuite ERP
6.8
PeopleSoft
7.1
Standard reports
NetSuite ERP
6.5
PeopleSoft
7.2
Custom reports
NetSuite ERP
6.3
PeopleSoft
7.7

General Ledger and Configurable Accounting

NetSuite ERP
6.9
PeopleSoft
7.9
Accounts payable
NetSuite ERP
7.2
PeopleSoft
8.2
Accounts receivable
NetSuite ERP
7.5
PeopleSoft
8.1
Global Financial Support
NetSuite ERP
7.0
PeopleSoft
8.2
Primary and Secondary Ledgers
NetSuite ERP
7.7
PeopleSoft
7.9
Intercompany Accounting
NetSuite ERP
7.2
PeopleSoft
8.2
Localizations
NetSuite ERP
7.3
PeopleSoft
7.4
Journals and Reconciliations
NetSuite ERP
7.2
PeopleSoft
7.7
Enterprise Accounting
NetSuite ERP
7.6
PeopleSoft
7.7
Configurable Accounting
NetSuite ERP
7.5
PeopleSoft
7.2
Centralized Rules Framework
NetSuite ERP
6.9
PeopleSoft
6.6
Standardized Processes
NetSuite ERP
7.6
PeopleSoft
7.1

Inventory Management

NetSuite ERP
5.7
PeopleSoft
8.1
Inventory tracking
NetSuite ERP
6.0
PeopleSoft
7.5
Automatic reordering
NetSuite ERP
6.1
PeopleSoft
7.8
Location management
NetSuite ERP
6.1
PeopleSoft
8.4
Manufacturing module
NetSuite ERP
4.8
PeopleSoft
8.5

Order Management

NetSuite ERP
6.8
PeopleSoft
7.7
Pricing
NetSuite ERP
7.0
PeopleSoft
6.6
Order entry
NetSuite ERP
6.4
PeopleSoft
6.6
Credit card processing
NetSuite ERP
7.1
PeopleSoft
9.0
Cost of goods sold
NetSuite ERP
7.2
PeopleSoft
8.5
Order Orchestration
NetSuite ERP
7.0
PeopleSoft
8.5
End-to-end order visibility
NetSuite ERP
6.7
PeopleSoft
6.1
Order exception Resolution
NetSuite ERP
6.0
PeopleSoft
8.3

Subledger and Financial Process

NetSuite ERP
6.7
PeopleSoft
7.7
Automated Invoice Processing
NetSuite ERP
7.1
PeopleSoft
7.7
Shared Services Payments
NetSuite ERP
6.4
PeopleSoft
7.2
Billings Management
NetSuite ERP
6.9
PeopleSoft
7.6
Customer Receipt Applications
NetSuite ERP
6.7
PeopleSoft
8.2
Customer Collections
NetSuite ERP
7.1
PeopleSoft
8.1
Revenue Recognition
NetSuite ERP
7.2
PeopleSoft
8.0
Cash Management
NetSuite ERP
6.6
PeopleSoft
7.1
Asset Management
NetSuite ERP
6.4
PeopleSoft
7.5
Travel & Expense Management
NetSuite ERP
6.7
PeopleSoft
7.5
Budgetary Control & Encumbrance Accounting
NetSuite ERP
6.3
PeopleSoft
7.9
Period Close
NetSuite ERP
7.1
PeopleSoft
7.7
Transactions Tax
NetSuite ERP
6.5
PeopleSoft
7.8
Subledger Reconciliations
NetSuite ERP
6.7
PeopleSoft
7.4
3rd Party Accounting Systems
NetSuite ERP
6.1
PeopleSoft
8.0

Project Financial Management

NetSuite ERP
6.6
PeopleSoft
8.0
Budgeting and Forecasting
NetSuite ERP
6.0
PeopleSoft
7.5
Project Costing
NetSuite ERP
6.8
PeopleSoft
8.2
Cost Capture
NetSuite ERP
6.8
PeopleSoft
7.3
Capital Project Management
NetSuite ERP
7.5
PeopleSoft
8.0
Customer Invoicing
NetSuite ERP
6.8
PeopleSoft
8.1
Customer Contract Compliance
NetSuite ERP
7.6
PeopleSoft
8.0
Project Revenue Recognition
NetSuite ERP
6.1
PeopleSoft
8.7
Project Financial Performance Analysis
NetSuite ERP
6.6
PeopleSoft
8.0
Project Financials Dashboard
NetSuite ERP
6.3
PeopleSoft
8.0
Real-time Financial Reporting
NetSuite ERP
6.5
PeopleSoft
8.0
Embedded Business Intelligence
NetSuite ERP
6.3
PeopleSoft
8.0
Project Planning Collaboration
NetSuite ERP
5.6
PeopleSoft
8.0

Project Execution Management

NetSuite ERP
6.8
PeopleSoft
9.4
Project Planning and Scheduling
NetSuite ERP
5.9
PeopleSoft
9.3
Project Manager Dashboard
NetSuite ERP
5.4
PeopleSoft
9.4
Resource Manager Dashboard
NetSuite ERP
5.8
PeopleSoft
9.4
Task Insight for Project Managers
NetSuite ERP
7.0
PeopleSoft
9.5
Project Manager Mobile Functionality
NetSuite ERP
7.0
PeopleSoft
9.5
Team Member Task Collaboration
NetSuite ERP
6.6
PeopleSoft
9.5
Team Member Mobile Functionality
NetSuite ERP
7.3
PeopleSoft
9.5
Project Candidate Search
NetSuite ERP
7.3
PeopleSoft
9.5
Project Candidate Comparison and Analysis
NetSuite ERP
7.0
PeopleSoft
9.5
Defineable Resource Pools
NetSuite ERP
7.3
PeopleSoft
9.4
Defineable Resource Pools
NetSuite ERP
7.3
PeopleSoft
9.4
Talent Profiles
NetSuite ERP
6.4
PeopleSoft
8.9
Real-Time Project Reporting
NetSuite ERP
7.0
PeopleSoft
9.3
Absence Management
NetSuite ERP
7.3
PeopleSoft
8.9
Product Lifecycle Management
NetSuite ERP
7.6
PeopleSoft
9.4

Grants Management

NetSuite ERP
6.8
PeopleSoft
9.0
Award Lifecycle Management
NetSuite ERP
6.8
PeopleSoft
8.8
Spending Control
NetSuite ERP
6.8
PeopleSoft
9.0
Indirect Cost Management
NetSuite ERP
7.4
PeopleSoft
9.0
Billing
NetSuite ERP
6.3
PeopleSoft
9.2

Procurement

NetSuite ERP
7.2
PeopleSoft
7.9
Sourcing Team Collaboration
NetSuite ERP
7.2
PeopleSoft
7.4
Sourcing Analysis
NetSuite ERP
6.1
PeopleSoft
7.2
Bids Analyzed and Compared
NetSuite ERP
7.0
PeopleSoft
7.4
Catalog Shopping E-Commerce for Employees
NetSuite ERP
6.0
PeopleSoft
8.0
Contract Authoring
NetSuite ERP
6.7
PeopleSoft
8.0
Contract Compliance Management
NetSuite ERP
7.0
PeopleSoft
7.8
Contract History
NetSuite ERP
7.4
PeopleSoft
7.8
Contract Renewal Automation
NetSuite ERP
8.0
PeopleSoft
8.0
Contract Repository
NetSuite ERP
7.7
PeopleSoft
8.0
Contract Standardization and Enforcement
NetSuite ERP
7.4
PeopleSoft
8.0
Electronic Signatures
NetSuite ERP
7.6
PeopleSoft
8.1
Invoice Automated Matching
NetSuite ERP
6.4
PeopleSoft
8.2
Purchasing Risk and Compliance Management
NetSuite ERP
6.8
PeopleSoft
8.2
Requisitions-to-Purchase Orders Integrated
NetSuite ERP
7.5
PeopleSoft
8.0
Spend Compliance Management
NetSuite ERP
7.5
PeopleSoft
7.8
Supplier Assessment
NetSuite ERP
7.9
PeopleSoft
8.0
Supplier Communication and Collaboration
NetSuite ERP
7.6
PeopleSoft
8.0
Supplier Management
NetSuite ERP
8.1
PeopleSoft
8.0
Supplier Portal
NetSuite ERP
7.6
PeopleSoft
8.0

Risk Management

NetSuite ERP
7.3
PeopleSoft
9.0
Risk Repository
NetSuite ERP
7.0
PeopleSoft
9.0
Control Management
NetSuite ERP
7.0
PeopleSoft
9.0
Control Mapping
NetSuite ERP
7.0
PeopleSoft
9.0
Control Efficiency Assessments
NetSuite ERP
7.3
PeopleSoft
9.0
Automated Control Assessments
NetSuite ERP
7.3
PeopleSoft
9.0
Assessment Capture
NetSuite ERP
7.9
PeopleSoft
9.0
Issue Detection
NetSuite ERP
7.3
PeopleSoft
9.0
Automatic Notification
NetSuite ERP
7.6
PeopleSoft
9.0
Remediation and Certification
NetSuite ERP
7.3
PeopleSoft
9.0

Logistics

NetSuite ERP
5.6
PeopleSoft
9.0
Transportation Planning and Optimization
NetSuite ERP
5.3
PeopleSoft
9.0
Transportation Sourcing Management
NetSuite ERP
5.6
PeopleSoft
9.0
Transportation Process Integration
NetSuite ERP
6.3
PeopleSoft
9.0
Transportation Execution Management
NetSuite ERP
5.9
PeopleSoft
9.0
Freight Payment Automation
NetSuite ERP
5.5
PeopleSoft
9.0
Trade Management
NetSuite ERP
5.2
PeopleSoft
9.0
Trade Regulatory Compliance Management
NetSuite ERP
7.5
PeopleSoft
9.0
Customs Entry Management
NetSuite ERP
5.5
PeopleSoft
9.0
Customs Document Management
NetSuite ERP
5.0
PeopleSoft
9.0
Customs Document Collaboration
NetSuite ERP
4.8
PeopleSoft
9.0
Fulfillment Management
NetSuite ERP
5.1
PeopleSoft
9.0
Inventory Visibility
NetSuite ERP
5.5
PeopleSoft
9.0
Warehouse Workforce Management
NetSuite ERP
5.5
PeopleSoft
9.0

Manufacturing

NetSuite ERP
4.7
PeopleSoft
9.0
Production Process Design
NetSuite ERP
5.2
PeopleSoft
9.0
Supply Chain Business Flows
NetSuite ERP
4.3
PeopleSoft
9.0
Production Management
NetSuite ERP
4.4
PeopleSoft
9.0
Contracted Manufacturing Management
NetSuite ERP
4.5
PeopleSoft
9.0
Configuration Management
NetSuite ERP
5.9
PeopleSoft
9.0
Work Definition
NetSuite ERP
3.9
PeopleSoft
9.0
Work Execution
NetSuite ERP
4.3
PeopleSoft
9.0
Advanced Fulfillment
NetSuite ERP
5.2
PeopleSoft
9.0
Manufacturing Costs
NetSuite ERP
5.0
PeopleSoft
9.0

Supply Chain

NetSuite ERP
6.2
PeopleSoft
9.3
Forecasting
NetSuite ERP
6.0
PeopleSoft
9.0
Inventory Planning
NetSuite ERP
5.6
PeopleSoft
9.4
Multi-tier Supply Chain Planning
NetSuite ERP
7.0
PeopleSoft
9.4
Performance Monitoring
NetSuite ERP
5.9
PeopleSoft
9.4

Product Lifecycle Management

NetSuite ERP
5.9
PeopleSoft
8.9
Ideation Management
NetSuite ERP
5.9
PeopleSoft
9.0
Requirements Management
NetSuite ERP
6.7
PeopleSoft
9.0
Proposal Management
NetSuite ERP
4.9
PeopleSoft
9.0
Innovation Portfolio Management
NetSuite ERP
5.7
PeopleSoft
9.0
Product Master Data Management
NetSuite ERP
5.9
PeopleSoft
8.5
Vendor Portal
NetSuite ERP
5.9
PeopleSoft
8.5
Project Portfolio Management
NetSuite ERP
6.4
PeopleSoft
9.0

Pros

NetSuite ERP

  • 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

PeopleSoft

  • Customizable - PeopleSoft Financials allows for an incredible amount of flexibility and customization which is well suited to many industries including the healthcare and utility sectors.
  • Platform Agnostic - PeopleSoft Financials has adapted to the shifting environment of multi-form-factor devices and the challenges that arise with mobile browsers and desktop power users by implementing a "Fluid" interface that can be used across all devices
  • Feature Rich - PeopleSoft Financials includes settings and configuration for virtually any situation that arises within an organization's financial model, with most transactional settings being more than is required by the industry which ensures tracking to the level the organization requires
Bennett Walker | TrustRadius Reviewer

Cons

NetSuite ERP

  • 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

PeopleSoft

  • The newest version of PeopleSoft nVision requires that the client version of Excel to be 64 bit. Many companies do not support 64 Bit Excel. It would be nice if they kept the tool on the 32 bit Excel.
  • Oracle Support is not always timely in the responses to product questions or bugs discovered with PeopleSoft Financials. It would be nice if Oracle provided a Service Level Agreement for encountered bugs.
  • The archiving solution with PeopleSoft Financials is not very robust. It is cumbersome to move historical data from the transaction tables to the archive tables. Also, it would be nice if the archive tables were upgraded in the same manner as the transactional tables.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

NetSuite ERP

NetSuite ERP 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

PeopleSoft

PeopleSoft 9.1
Based on 2 answers
PRISM is a great tool to track and watch numerous financial documents. I would like to see more of an integration platform that would control tracking for specific project details. There is currently only a little section for job notes which I would like to see improve. I think navigation could be improved, but isn't the worst compared to some platforms I have worked with as it provides a tree like structure on the backend which helps synchronize information together for fiscal financials.
Laura Leistikow | TrustRadius Reviewer

Usability

NetSuite ERP

NetSuite ERP 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

PeopleSoft

PeopleSoft 8.2
Based on 1 answer
PeopleSoft financial is user friendly and once you get the hang of it is very useful in everyday accounting
Christina O'Steen | TrustRadius Reviewer

Reliability and Availability

NetSuite ERP

NetSuite ERP 9.4
Based on 26 answers
Netsuite is never down. In the past year, we have been down only when we have internet issues
Aaron Kleinhandler | TrustRadius Reviewer

PeopleSoft

PeopleSoft 10.0
Based on 1 answer
No answer on this topic is available.

Performance

NetSuite ERP

NetSuite ERP 7.7
Based on 24 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

PeopleSoft

No score
No answers yet
No answers on this topic

Support Rating

NetSuite ERP

NetSuite ERP 1.0
Based on 20 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

PeopleSoft

PeopleSoft 8.2
Based on 1 answer
Because when I have a problem, our staff is well trained and they can answer most of my questions on the first call
Christina O'Steen | TrustRadius Reviewer

In-Person Training

NetSuite ERP

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

PeopleSoft

No score
No answers yet
No answers on this topic

Online Training

NetSuite ERP

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

PeopleSoft

No score
No answers yet
No answers on this topic

Implementation Rating

NetSuite ERP

NetSuite ERP 7.3
Based on 18 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

PeopleSoft

PeopleSoft 9.1
Based on 1 answer
I wasn't part of the implementation
Christina O'Steen | TrustRadius Reviewer

Alternatives Considered

NetSuite ERP

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

PeopleSoft

PeopleSoft is much more appropriate for large organizations than the software programs listed here. I'm involved in a project to bring billing and accounts receivable functions out of "shadow systems" like those listed here and into PeopleSoft, and PeopleSoft is more robust, flexible, and standardizable. We've found it to be an excellent solution.
Cassandra Rayne Gross | TrustRadius Reviewer

Scalability

NetSuite ERP

NetSuite ERP 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

PeopleSoft

No score
No answers yet
No answers on this topic

Return on Investment

NetSuite ERP

  • 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

PeopleSoft

  • I would like to see more people using this product so that we can get a better return on investment. It is a good start that 20% of the employee pool is using this product occasionally. I would like to send reminders to employees to check this out more often and remind them what benefits we provide.
vivi wong | TrustRadius Reviewer

Pricing Details

NetSuite ERP

General

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

NetSuite ERP Editions & Modules

Edition
Base License$9991
Access Cost$992
  1. per month
  2. per user per month
Additional Pricing Details

PeopleSoft

General

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

PeopleSoft Editions & Modules

Additional Pricing Details

Rating Summary

Likelihood to Recommend

NetSuite ERP
5.6
PeopleSoft
8.3

Likelihood to Renew

NetSuite ERP
8.0
PeopleSoft
9.1

Usability

NetSuite ERP
9.0
PeopleSoft
8.2

Reliability and Availability

NetSuite ERP
9.4
PeopleSoft
10.0

Performance

NetSuite ERP
7.7
PeopleSoft

Support Rating

NetSuite ERP
1.0
PeopleSoft
8.2

In-Person Training

NetSuite ERP
7.3
PeopleSoft

Online Training

NetSuite ERP
8.0
PeopleSoft

Implementation Rating

NetSuite ERP
7.3
PeopleSoft
9.1

Scalability

NetSuite ERP
8.4
PeopleSoft

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