What users are saying about
418 Ratings
14 Ratings
418 Ratings
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Score 7.4 out of 100
14 Ratings
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Score 7.1 out of 100

Likelihood to Recommend

NetSuite ERP

Cloud computing, in my opinion, is the future. Just like we pay for electricity as we use it, and do not have our own power generation plants, I believe the future of enterprise computing is a pay-as-you-use service. And other companies agree (Sage Intacct, SAP Business One, Microsoft Dynamics 365). NetSuite has been doing it since 1998. They clearly have a leg-up over all of these other companies.Perhaps a highly specialized organization with lots of custom software might not be a good fit. Customization of the platform is robust to an extend and there are many tools available for customization. However, native support for common languages like Python do not exist and the back-end totally customizable JavaScript platform does require some advanced skills. In fairness, we have not encountered a situation yet that the standard cloud customization tools were unable to solve so for us, this description is a problem we just don't have.
Mitchel Laman | TrustRadius Reviewer

Quantrix

If you find yourself in the ocean of traditional spreadsheets, overwhelmed by broken links, errors, model audit problems, hardwiring, etc. here is a lifebuoy for you. If you want to have full flexibility in your budgeting and forecasting in contrast to ERPs with rigid structures and one-size-fits-all concept. If you are small or medium size company and do not want to invest in costly enterprise solutions. If you need a fast implementation https://youtu.be/5W_q5Xhw5fg
Tahir Tahirov, PMP | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

NetSuite ERP
7.7
Quantrix
Pay calculation
NetSuite ERP
6.8
Quantrix
Benefit plan administration
NetSuite ERP
7.2
Quantrix
Direct deposit files
NetSuite ERP
7.6
Quantrix
Salary revision and increment management
NetSuite ERP
8.9
Quantrix
Reimbursement management
NetSuite ERP
7.8
Quantrix

Customization

NetSuite ERP
7.2
Quantrix
API for custom integration
NetSuite ERP
7.1
Quantrix
Plug-ins
NetSuite ERP
7.3
Quantrix

Security

NetSuite ERP
7.9
Quantrix
Single sign-on capability
NetSuite ERP
8.1
Quantrix
Role-based user permissions
NetSuite ERP
7.8
Quantrix

Reporting & Analytics

NetSuite ERP
7.5
Quantrix
Dashboards
NetSuite ERP
7.9
Quantrix
Standard reports
NetSuite ERP
7.7
Quantrix
Custom reports
NetSuite ERP
6.9
Quantrix

General Ledger and Configurable Accounting

NetSuite ERP
7.2
Quantrix
Accounts payable
NetSuite ERP
7.8
Quantrix
Accounts receivable
NetSuite ERP
8.2
Quantrix
Global Financial Support
NetSuite ERP
7.7
Quantrix
Primary and Secondary Ledgers
NetSuite ERP
8.2
Quantrix
Intercompany Accounting
NetSuite ERP
7.7
Quantrix
Localizations
NetSuite ERP
8.3
Quantrix
Journals and Reconciliations
NetSuite ERP
7.7
Quantrix
Enterprise Accounting
NetSuite ERP
8.1
Quantrix
Configurable Accounting
NetSuite ERP
8.0
Quantrix
Centralized Rules Framework
NetSuite ERP
7.7
Quantrix
Standardized Processes
NetSuite ERP
7.8
Quantrix

Inventory Management

NetSuite ERP
6.9
Quantrix
Inventory tracking
NetSuite ERP
6.7
Quantrix
Automatic reordering
NetSuite ERP
7.0
Quantrix
Location management
NetSuite ERP
7.2
Quantrix
Manufacturing module
NetSuite ERP
6.5
Quantrix

Order Management

NetSuite ERP
7.6
Quantrix
Pricing
NetSuite ERP
8.1
Quantrix
Order entry
NetSuite ERP
7.7
Quantrix
Credit card processing
NetSuite ERP
7.0
Quantrix
Cost of goods sold
NetSuite ERP
8.1
Quantrix
Order Orchestration
NetSuite ERP
7.7
Quantrix
End-to-end order visibility
NetSuite ERP
7.6
Quantrix
Order exception Resolution
NetSuite ERP
7.1
Quantrix

Subledger and Financial Process

NetSuite ERP
7.5
Quantrix
Automated Invoice Processing
NetSuite ERP
7.5
Quantrix
Shared Services Payments
NetSuite ERP
7.6
Quantrix
Billings Management
NetSuite ERP
7.7
Quantrix
Customer Receipt Applications
NetSuite ERP
7.5
Quantrix
Customer Collections
NetSuite ERP
7.8
Quantrix
Revenue Recognition
NetSuite ERP
7.6
Quantrix
Cash Management
NetSuite ERP
7.5
Quantrix
Asset Management
NetSuite ERP
7.0
Quantrix
Travel & Expense Management
NetSuite ERP
7.4
Quantrix
Budgetary Control & Encumbrance Accounting
NetSuite ERP
7.1
Quantrix
Period Close
NetSuite ERP
7.8
Quantrix
Transactions Tax
NetSuite ERP
7.6
Quantrix
Subledger Reconciliations
NetSuite ERP
7.3
Quantrix
3rd Party Accounting Systems
NetSuite ERP
7.1
Quantrix

Project Financial Management

NetSuite ERP
7.3
Quantrix
Budgeting and Forecasting
NetSuite ERP
6.9
Quantrix
Project Costing
NetSuite ERP
6.8
Quantrix
Cost Capture
NetSuite ERP
7.0
Quantrix
Capital Project Management
NetSuite ERP
8.2
Quantrix
Customer Invoicing
NetSuite ERP
7.6
Quantrix
Customer Contract Compliance
NetSuite ERP
7.8
Quantrix
Project Revenue Recognition
NetSuite ERP
6.9
Quantrix
Project Financial Performance Analysis
NetSuite ERP
7.4
Quantrix
Project Financials Dashboard
NetSuite ERP
7.5
Quantrix
Real-time Financial Reporting
NetSuite ERP
7.4
Quantrix
Embedded Business Intelligence
NetSuite ERP
7.2
Quantrix
Project Planning Collaboration
NetSuite ERP
6.7
Quantrix

Project Execution Management

NetSuite ERP
7.6
Quantrix
Project Planning and Scheduling
NetSuite ERP
6.8
Quantrix
Project Manager Dashboard
NetSuite ERP
6.9
Quantrix
Resource Manager Dashboard
NetSuite ERP
7.3
Quantrix
Task Insight for Project Managers
NetSuite ERP
7.7
Quantrix
Project Manager Mobile Functionality
NetSuite ERP
7.5
Quantrix
Team Member Task Collaboration
NetSuite ERP
7.5
Quantrix
Team Member Mobile Functionality
NetSuite ERP
7.3
Quantrix
Project Candidate Search
NetSuite ERP
7.7
Quantrix
Project Candidate Comparison and Analysis
NetSuite ERP
7.7
Quantrix
Defineable Resource Pools
NetSuite ERP
8.3
Quantrix
Defineable Resource Pools
NetSuite ERP
8.1
Quantrix
Talent Profiles
NetSuite ERP
7.1
Quantrix
Real-Time Project Reporting
NetSuite ERP
8.1
Quantrix
Absence Management
NetSuite ERP
7.6
Quantrix
Product Lifecycle Management
NetSuite ERP
7.8
Quantrix

Grants Management

NetSuite ERP
7.5
Quantrix
Award Lifecycle Management
NetSuite ERP
7.1
Quantrix
Spending Control
NetSuite ERP
7.4
Quantrix
Indirect Cost Management
NetSuite ERP
8.2
Quantrix
Billing
NetSuite ERP
7.4
Quantrix

Procurement

NetSuite ERP
7.7
Quantrix
Sourcing Team Collaboration
NetSuite ERP
7.3
Quantrix
Sourcing Analysis
NetSuite ERP
6.2
Quantrix
Bids Analyzed and Compared
NetSuite ERP
7.6
Quantrix
Catalog Shopping E-Commerce for Employees
NetSuite ERP
7.1
Quantrix
Contract Authoring
NetSuite ERP
7.3
Quantrix
Contract Compliance Management
NetSuite ERP
7.9
Quantrix
Contract History
NetSuite ERP
8.1
Quantrix
Contract Renewal Automation
NetSuite ERP
8.4
Quantrix
Contract Repository
NetSuite ERP
7.9
Quantrix
Contract Standardization and Enforcement
NetSuite ERP
7.9
Quantrix
Electronic Signatures
NetSuite ERP
8.3
Quantrix
Invoice Automated Matching
NetSuite ERP
7.5
Quantrix
Purchasing Risk and Compliance Management
NetSuite ERP
7.4
Quantrix
Requisitions-to-Purchase Orders Integrated
NetSuite ERP
7.9
Quantrix
Spend Compliance Management
NetSuite ERP
7.6
Quantrix
Supplier Assessment
NetSuite ERP
8.3
Quantrix
Supplier Communication and Collaboration
NetSuite ERP
8.0
Quantrix
Supplier Management
NetSuite ERP
8.3
Quantrix
Supplier Portal
NetSuite ERP
7.8
Quantrix

Risk Management

NetSuite ERP
7.9
Quantrix
Risk Repository
NetSuite ERP
7.3
Quantrix
Control Management
NetSuite ERP
7.6
Quantrix
Control Mapping
NetSuite ERP
7.9
Quantrix
Control Efficiency Assessments
NetSuite ERP
7.8
Quantrix
Automated Control Assessments
NetSuite ERP
8.1
Quantrix
Assessment Capture
NetSuite ERP
8.6
Quantrix
Issue Detection
NetSuite ERP
8.0
Quantrix
Automatic Notification
NetSuite ERP
8.0
Quantrix
Remediation and Certification
NetSuite ERP
7.9
Quantrix

Logistics

NetSuite ERP
7.0
Quantrix
Transportation Planning and Optimization
NetSuite ERP
6.4
Quantrix
Transportation Sourcing Management
NetSuite ERP
7.0
Quantrix
Transportation Process Integration
NetSuite ERP
7.4
Quantrix
Transportation Execution Management
NetSuite ERP
6.9
Quantrix
Freight Payment Automation
NetSuite ERP
6.9
Quantrix
Trade Management
NetSuite ERP
6.4
Quantrix
Trade Regulatory Compliance Management
NetSuite ERP
7.8
Quantrix
Customs Entry Management
NetSuite ERP
6.9
Quantrix
Customs Document Management
NetSuite ERP
6.6
Quantrix
Customs Document Collaboration
NetSuite ERP
6.8
Quantrix
Fulfillment Management
NetSuite ERP
7.4
Quantrix
Inventory Visibility
NetSuite ERP
7.2
Quantrix
Warehouse Workforce Management
NetSuite ERP
6.6
Quantrix

Manufacturing

NetSuite ERP
6.3
Quantrix
Production Process Design
NetSuite ERP
6.9
Quantrix
Supply Chain Business Flows
NetSuite ERP
6.1
Quantrix
Production Management
NetSuite ERP
6.1
Quantrix
Contracted Manufacturing Management
NetSuite ERP
6.0
Quantrix
Configuration Management
NetSuite ERP
6.9
Quantrix
Work Definition
NetSuite ERP
6.1
Quantrix
Work Execution
NetSuite ERP
6.0
Quantrix
Advanced Fulfillment
NetSuite ERP
6.6
Quantrix
Manufacturing Costs
NetSuite ERP
6.2
Quantrix

Supply Chain

NetSuite ERP
7.0
Quantrix
Forecasting
NetSuite ERP
7.1
Quantrix
Inventory Planning
NetSuite ERP
6.8
Quantrix
Multi-tier Supply Chain Planning
NetSuite ERP
7.3
Quantrix
Performance Monitoring
NetSuite ERP
7.0
Quantrix

Product Lifecycle Management

NetSuite ERP
6.8
Quantrix
Ideation Management
NetSuite ERP
6.7
Quantrix
Requirements Management
NetSuite ERP
7.2
Quantrix
Proposal Management
NetSuite ERP
5.9
Quantrix
Innovation Portfolio Management
NetSuite ERP
6.8
Quantrix
Product Master Data Management
NetSuite ERP
6.8
Quantrix
Vendor Portal
NetSuite ERP
7.1
Quantrix
Project Portfolio Management
NetSuite ERP
7.1
Quantrix

Budgeting, Planning, and Forecasting

NetSuite ERP
Quantrix
9.5
Long-term financial planning
NetSuite ERP
Quantrix
9.7
Financial budgeting
NetSuite ERP
Quantrix
9.7
Forecasting
NetSuite ERP
Quantrix
9.5
Scenario modeling
NetSuite ERP
Quantrix
9.5
Management reporting
NetSuite ERP
Quantrix
9.3

Consolidation and Close

NetSuite ERP
Quantrix
8.0
Financial data consolidation
NetSuite ERP
Quantrix
8.3
Multi-currency management
NetSuite ERP
Quantrix
8.4
Minority Ownership
NetSuite ERP
Quantrix
8.0
Local and consolidated reporting
NetSuite ERP
Quantrix
8.7
Detailed Audit Trails
NetSuite ERP
Quantrix
6.7

Financial Reporting and Compliance

NetSuite ERP
Quantrix
9.1
Financial Statement Reporting
NetSuite ERP
Quantrix
9.5
Management Reporting
NetSuite ERP
Quantrix
9.3
Automated board and financial reporting
NetSuite ERP
Quantrix
8.4

Analytics

NetSuite ERP
Quantrix
8.2
Personalized dashboards
NetSuite ERP
Quantrix
8.7
Color-coded scorecards
NetSuite ERP
Quantrix
6.4
KPIs
NetSuite ERP
Quantrix
8.5
Cost and profitability analysis
NetSuite ERP
Quantrix
8.6
Key Performance Indicator setting
NetSuite ERP
Quantrix
8.5
Benchmarking with external data
NetSuite ERP
Quantrix
8.2

Integration

NetSuite ERP
Quantrix
8.7
Flat file integration
NetSuite ERP
Quantrix
8.5
Excel data integration
NetSuite ERP
Quantrix
8.6
Direct links to 3rd-party data sources
NetSuite ERP
Quantrix
9.0

Pros

NetSuite ERP

  • Custom records, fields and forms
  • Workflow automation
  • Mass updates and CSV imports making data management easy
  • Suitescript offers powerful ways to customize
  • Many modules available to a wide variety of business
  • Several bundles available that integrate with other services or add functionality to NetSuite
Anonymous | TrustRadius Reviewer

Quantrix

  • Building complex financial planning model availing of a multidimensional data structure coupled with a powerful formula language, with the immediacy and intuitiveness typical of spreadsheets
  • Implement quickly model modifications (new products, new scenarios, new time periods) simply adding new "items" to "categories" (corresponding to dimensions in a multidimensional data model)
  • Scale up models to very large datasets with very fast computation times
  • Easily import data from text files, other Quantrix models and external databases via DataLink and DataNAV
  • Save snapshots of tables computed in Quantrix to external databases via DataPush
Luca Erzegovesi | TrustRadius Reviewer

Cons

NetSuite ERP

  • NetSuite does have great customization capabilities, however, this can also make it difficult to track and maintain custom workflows and scripts as business needs change, especially with different subsidiaries having different process requirements. Essentially, the more you customize the system, the more you need to maintain documentation for reference.
  • NetSuite has a fantastic reporting tool called a "Saved Search." For financial and other similar reports, you must use the NetSuite "Report" feature. This reporting feature is not as flexible as the Saved Search and I have found that certain reports cannot be customized as required using the "Report" feature.
  • The Project Management module still has some work to go before it is flexible enough for companies to use NetSuite for their own customized processes. The module is fairly inflexible, and at a previous company we had around 10-15 enhancement requests alone relating to this module.
Sonny Spencer, ACA | TrustRadius Reviewer

Quantrix

  • Hard to be critical of the Quantrix team as I know they strive to produce the best product possible. I suppose the next thing on my wish list would be the application of the new Solver functionality to be available in the Qloud.
  • A big help for new users would be a good book on transitioning from Excel or other environment into Quantrix. I know first hand it can be difficult to transition when having to learn the program through a help guide, forums and tech support. I had a lot of trial and error in my journey to producing the desired models. On one hand it was a valuable method as it taught me a lot of what not to do, but I will admit it was not the most efficient way to do things.
  • Would also love to see local user groups being formed at some point in the future. Quantrix puts on a fantastic conference once a year in beautiful Maine, but it is a big journey for someone in Southern California (and limited to one or two days a year). I would like to see some local chapters formed in different areas of the country so local Quantrix users can get together more often and collaborate (maybe a quarterly or semi-annual meetup?). Our Quantrix community is still relatively small and may be a difficult task for some areas, but is also the very reason why this would be great idea.
Jason Klinghoffer, CFA | 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

Quantrix

No score
No answers yet
No answers on this topic

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

Quantrix

Quantrix 8.2
Based on 1 answer
For a newbie it can be difficult until you get the hang of the system. Quantrix is a very logical system, once you understand its underlying ideas.
Franz Schumacher | TrustRadius Reviewer

Reliability and Availability

NetSuite ERP

NetSuite ERP 9.4
Based on 26 answers
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
Anonymous | TrustRadius Reviewer

Quantrix

No score
No answers yet
No answers on this topic

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

Quantrix

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

Quantrix

No score
No answers yet
No answers on this topic

In-Person Training

NetSuite ERP

NetSuite ERP 7.3
Based on 2 answers
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
Anonymous | TrustRadius Reviewer

Quantrix

No score
No answers yet
No answers on this topic

Online Training

NetSuite ERP

NetSuite ERP 8.0
Based on 7 answers
Online training is quite strong. I have used for specific pieces of functionality.However it is not sufficient in all areas.
Anonymous | TrustRadius Reviewer

Quantrix

No score
No answers yet
No answers on this topic

Implementation Rating

NetSuite ERP

NetSuite ERP 7.3
Based on 18 answers
Implementation was fine but could have gone quicker.

NetSuite provided me a implementation guide who I did not think was very knowledgeable.

I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
Anonymous | TrustRadius Reviewer

Quantrix

No score
No answers yet
No answers on this topic

Alternatives Considered

NetSuite ERP

I have used simple accounting systems like QuickBooks, and I have used huge outdated systems like SAP. NetSuite is far superior to both of them. I wouldn't say its better than QuickBooks but maybe just for a different audience. QuickBooks is really for small companies. SAP, however, at least the implementation I used, was barely usable and effectively hid the data we needed from us because it was nearly impossible to pull from the system even with dedicated staff to help.
Chris Snelling, CFA | TrustRadius Reviewer

Quantrix

These are traditional spreadsheet-based software packages. Any trouble you have with Excel you have with these, but that is eliminated with Quantrix. Quantrix is an Excel/Access like application, but so much better because of the things I've previously described in this review.
Rich Lopez | TrustRadius Reviewer

Scalability

NetSuite ERP

NetSuite ERP 8.4
Based on 5 answers
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
Aaron Kleinhandler | TrustRadius Reviewer

Quantrix

No score
No answers yet
No answers on this topic

Return on Investment

NetSuite ERP

  • Stress levels WAY down since dumping our previous Billing system and installing SuiteBilling. The ease of navigating, viewing data in sensible places, reporting and having more data in one place has made many of my users use words like "amazing" and "what a relief." Don't underestimate worker stress and enjoyment of their tool.
  • Fewer vendors and products to manage and to integrate. I oversee 10+ financially-related applications and their vendors. Dealing with the nuances of the contracts, the products and the people with whom I must deal (sales, support, product management) adds a lot of time and complexity. It also reduces the challenge of my SOX-related efforts.
  • Auditors and those of us supporting SOX-related efforts LOVE NetSuite, especially compared to other systems. The controls and auditing available are indispensable, whether it's to keep us accountable to ourselves or to the auditors.
Joshua Henke | TrustRadius Reviewer

Quantrix

  • Capacity forecasting used to take hours to calculate with a ton of manual modifications. Quantrix has automated that so a model can be updated at any time with a click of a button
  • The accuracy of the models is incredible. It took some tweaking to add in data scubbers, but now it runs almost flawlessly
  • The confidence the management teams have in the output of the model is amazing. Before, people would question the output, have you rebuild it, and then compare. Now the report comes out and the output has high confidence.
Don Reese | TrustRadius Reviewer

Screenshots

NetSuite ERP

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

Quantrix

General

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

Quantrix Editions & Modules

Additional Pricing Details
Quantrix Modeler is licensed on a per user subscription basis.

Rating Summary

Likelihood to Recommend

NetSuite ERP
6.5
Quantrix
9.6

Likelihood to Renew

NetSuite ERP
8.0
Quantrix

Usability

NetSuite ERP
9.0
Quantrix
8.2

Reliability and Availability

NetSuite ERP
9.4
Quantrix

Performance

NetSuite ERP
7.7
Quantrix

Support Rating

NetSuite ERP
1.0
Quantrix

In-Person Training

NetSuite ERP
7.3
Quantrix

Online Training

NetSuite ERP
8.0
Quantrix

Implementation Rating

NetSuite ERP
7.3
Quantrix

Scalability

NetSuite ERP
8.4
Quantrix

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