NetSuite ERP vs. Semsto

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NetSuite ERP
Score 8.1 out of 10
N/A
NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.N/A
Semsto
Score 0.0 out of 10
N/A
N/AN/A
Pricing
NetSuite ERPSemsto
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERPSemsto
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsUsers subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
More Pricing Information
Community Pulse
NetSuite ERPSemsto
Considered Both Products
NetSuite ERP
Chose NetSuite ERP
NetSuite was way easier to understand and implement. The cost was close to the same across all of the systems we considered, but we also had internal employees that have used NetSuite before and loved it. That helped push us in the direction of NetSuite and we have been …
Chose NetSuite ERP
Much better ERP overall in most areas compare to Microsoft Dynamics GP. Better reporting, better audit trails and etc
Chose NetSuite ERP
Oracle NetSuite ERP is lightyears ahead with the sophistication and accuracy of their ERP. There are so many more options for inventory management, accounting, and more. We felt that NetSuite ERP provided us with the most growth opportunity and would be able to keep up with …
Chose NetSuite ERP
NetSuite Bundled many features into the core system.
We reviewed Plex Manufacturing as well. That was not an option to list, but it was a manufacturing software at the core, but required lot/serial.
NetSuite allowed us the flexibility and we could customize inside NetSuite ERP …
Chose NetSuite ERP
I had used NetSuite in a previous company and was there during implementation. While working there I enjoyed using NetSuite and never came across a situation that it couldn't handle. When I moved to a new company and was tasked with implementing an ERP system, there was no …
Chose NetSuite ERP
I think NetSuite ERP stacks up in the middle against most of the above companies, Microsoft Dynamics 365 might offer the best bang for your buck but lacks in experience. Shopify is great as a front end platform buck lacks the overall structure that NetSuite offers. Salesforce …
Chose NetSuite ERP
Acumatica is newer to me in my 18+ years of experience, but from what I have seen and experienced I would recommend changing to Acumatica if NetSuite ERP ever became an issue with price or usability.
Chose NetSuite ERP
I have also used Fiserv, but NetSuite is far superior in ease of use and navigation. I personally feel like it is far superior in design and overall look of the interface as well. The customization in NetSuite makes it a top contender for these types of products.
Chose NetSuite ERP
In my prior positions, I used several Sage and QuickBooks products, and NetSuite is head and tail above them. If you are an accountant, you really get what you pay for. You can build a lot of control around users and locking periods, plus you have the flexibility to easily …
Chose NetSuite ERP
NetSuite offers a more integrated approach, combining CRM with ERP functionalities. NetSuite is better for our business because we needed a broader range of business management tools. NetSuite is an all-in-one enterprise resource planning (ERP) solution that includes CRM …
Chose NetSuite ERP
NetSuite is the best ERP hands down
Chose NetSuite ERP
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just …
Chose NetSuite ERP
There comes a point where companies outgrow QuickBooks due to the lack of dimensions, limited reporting, data integrity on prior periods, controls over user access and manipulation levels. However, Oracle and SAP type solutions are likely in the millions of dollars to acquire …
Chose NetSuite ERP
First, it runs in the cloud, meaning we don't have to host anything; we also don't need to apply manual updates for every single computer. I remember the headache of updating Sage on the server and, if successful, then on each one of the +-20 computers. Now, NetSuite ERP send …
Chose NetSuite ERP
We looked at SAP Business One, which is quite strong in financials and manufacturing, but we found it a bit rigid and more suitable for traditional industries rather than service and education-based organizations like ours. We also considered Microsoft Dynamics 365, which had …
Chose NetSuite ERP
Oracle Fusion Cloud ERP and Oracle E-Business Suite
Chose NetSuite ERP
Netsuite offers as much, if not more, than the competitors. The price modules can vary, and I find NetSuite's less transparent. However, we chose Netsuite for the investments they were making and the SCA web integration to ERP, not many have that function. The NetSuite/Oracle …
Chose NetSuite ERP
Advanced features that Netsuite had. Easy integration with other financial and CRM systems. Implementation and governance can be easy handled. Easy to maintain and support. Handles very high volume of data. More new features are in pipeline. As it is used across many company …
Chose NetSuite ERP
QuickBooks Online is, by far, a better and easier-to-use product for smaller companies. Only switch to Netsuite if you have to. We switched to NetSuite because we have numerous subsidiaries, and QuickBooks would not be able to handle the complexity.
Chose NetSuite ERP
NetSuite ERP is superior to Sage 100 in that it provides better reporting flexibility and a self run elimination ledger in the accounting close process. We went with NetSuite ERP for their affordability and flexibility providing more "bang for the buck."
Chose NetSuite ERP
As our company grows, we determined that we needed something that goes deeper than Quickbooks, has more customization options for various functions, and allows us to have visibility across the entire company. While Quickbooks was definitely a bit more intuitive in terms of …
Chose NetSuite ERP
It was familiar to a few people in our organization who primarily use it.
Chose NetSuite ERP
In the past I always had a puzzle to assemble, with regards to data and management & ad-hoc reporting. With NetSuite ERP, as mentioned previously, everything is in one easy to retrieve place, and all the systems are there and cohesive. Although Workday Adaptive Planning and HFM …
Semsto

No answer on this topic

Features
NetSuite ERPSemsto
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
Ratings
148% below category average
Semsto
-
Ratings
Pay calculation1.00 Ratings00 Ratings
Benefit plan administration1.00 Ratings00 Ratings
Direct deposit files1.30 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
Ratings
20% above category average
Semsto
-
Ratings
API for custom integration9.20 Ratings00 Ratings
Plug-ins9.90 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
Ratings
14% above category average
Semsto
-
Ratings
Single sign-on capability9.70 Ratings00 Ratings
Role-based user permissions9.80 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
Ratings
29% above category average
Semsto
-
Ratings
Dashboards9.90 Ratings00 Ratings
Standard reports9.90 Ratings00 Ratings
Custom reports9.90 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
Ratings
3% above category average
Semsto
-
Ratings
Accounts payable8.30 Ratings00 Ratings
Accounts receivable8.40 Ratings00 Ratings
Global Financial Support9.90 Ratings00 Ratings
Primary and Secondary Ledgers9.90 Ratings00 Ratings
Journals and Reconciliations9.30 Ratings00 Ratings
Configurable Accounting9.90 Ratings00 Ratings
Standardized Processes9.90 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
Ratings
13% above category average
Semsto
-
Ratings
Inventory tracking10.00 Ratings00 Ratings
Automatic reordering8.90 Ratings00 Ratings
Location management9.60 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
Ratings
17% above category average
Semsto
-
Ratings
Pricing9.90 Ratings00 Ratings
Order entry8.00 Ratings00 Ratings
Credit card processing8.90 Ratings00 Ratings
Cost of goods sold9.50 Ratings00 Ratings
Order Orchestration9.90 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
Ratings
5% above category average
Semsto
-
Ratings
Billing Management8.40 Ratings00 Ratings
Cash and Asset Management9.90 Ratings00 Ratings
Travel & Expense Management9.80 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting8.90 Ratings00 Ratings
Period Close9.90 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
Ratings
14% below category average
Semsto
-
Ratings
Budgeting and Forecasting6.00 Ratings00 Ratings
Project Costing6.00 Ratings00 Ratings
Cost Capture6.00 Ratings00 Ratings
Capital Project Management4.00 Ratings00 Ratings
Customer Contract Compliance9.90 Ratings00 Ratings
Project Revenue Recognition6.90 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
Ratings
53% below category average
Semsto
-
Ratings
Project Planning and Scheduling8.90 Ratings00 Ratings
Task Insight for Project Managers3.30 Ratings00 Ratings
Project Mobile Functionality3.00 Ratings00 Ratings
Definable Resource Pools3.60 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
83% below category average
Semsto
-
Ratings
Award Lifecycle Management3.50 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
Ratings
72% below category average
Semsto
-
Ratings
Bids Analyzed and Compared3.50 Ratings00 Ratings
Contract Authoring1.90 Ratings00 Ratings
Contract Repository3.50 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated3.60 Ratings00 Ratings
Supplier Management9.90 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
73% below category average
Semsto
-
Ratings
Risk Repository3.50 Ratings00 Ratings
Control Management1.90 Ratings00 Ratings
Control Efficiency Assessments3.50 Ratings00 Ratings
Issue Detection3.50 Ratings00 Ratings
Remediation and Certification3.50 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
Ratings
77% below category average
Semsto
-
Ratings
Transportation Planning and Optimization2.80 Ratings00 Ratings
Transportation Execution Management2.80 Ratings00 Ratings
Trade and Customs Management2.80 Ratings00 Ratings
Fulfillment Management9.90 Ratings00 Ratings
Warehouse Workforce Management2.50 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
Ratings
23% above category average
Semsto
-
Ratings
Production Process Design8.90 Ratings00 Ratings
Production Management8.90 Ratings00 Ratings
Configuration Management9.90 Ratings00 Ratings
Work Execution9.90 Ratings00 Ratings
Manufacturing Costs8.90 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.3
Ratings
13% above category average
Semsto
-
Ratings
Forecasting8.80 Ratings00 Ratings
Inventory Planning7.50 Ratings00 Ratings
Performance Monitoring8.90 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite ERP
3.9
Ratings
61% below category average
Semsto
-
Ratings
Proposal Management2.60 Ratings00 Ratings
Product Master Data Management3.20 Ratings00 Ratings
Best Alternatives
NetSuite ERPSemsto
Small Businesses
Zoho One
Zoho One
Score 9.3 out of 10
Zoho One
Zoho One
Score 9.3 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.3 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NetSuite ERPSemsto
Likelihood to Recommend
8.4
(0 ratings)
-
(0 ratings)
Likelihood to Renew
8.0
(0 ratings)
-
(0 ratings)
Usability
8.0
(0 ratings)
-
(0 ratings)
Availability
9.0
(0 ratings)
-
(0 ratings)
Performance
8.0
(0 ratings)
-
(0 ratings)
Support Rating
5.6
(0 ratings)
-
(0 ratings)
In-Person Training
7.3
(0 ratings)
-
(0 ratings)
Online Training
6.4
(0 ratings)
-
(0 ratings)
Implementation Rating
5.4
(0 ratings)
-
(0 ratings)
Configurability
8.7
(0 ratings)
-
(0 ratings)
Ease of integration
7.3
(0 ratings)
-
(0 ratings)
Product Scalability
9.0
(0 ratings)
-
(0 ratings)
Vendor post-sale
4.8
(0 ratings)
-
(0 ratings)
Vendor pre-sale
5.0
(0 ratings)
-
(0 ratings)
User Testimonials
NetSuite ERPSemsto
Likelihood to Recommend
It is suited well for its scalability and offerings of options as you need them. Auditing Where lesser ERPs require multiple 3rd party connections to get certain functionality, NetSuite ERP offers it as part of the core already or as an advanced feature you can opt into. It is still a part of the NetSuite environment and managed by NetSuite.
Read full review
No answers on this topic
Pros
  • Tracks fixed assets and debt activity for month end rollforwards.
  • Creates a solid audit trail and supporting documentation path for anyone to follow, internally or externally (auditor).
  • Maintains reporting structure and workflow processes for better implementation as training or process improvement/overhaul.
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No answers on this topic
Cons
  • I have found it to be a bit slow sometimes when saving.
  • I am not sure if this is Chase Bank or NetSuite, but a direct link to upload bank transactions or credit card transactions would be nice.
  • This is too hard, bc Netsuite works really well.
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No answers on this topic
Likelihood to Renew
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.
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No answers on this topic
Usability
NetSuite is a cloud tool, and is easy to implement for mid-sized organizations. It comes with standard forms/ printing layouts, and financial reporting (both summary and detailed), which are very handy for business users. In addition to these, with 99.99% service availability, NetSuite makes it one of the most reliable ERP tools available on the market.
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No answers on this topic
Reliability and Availability
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
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No answers on this topic
Performance
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.
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No answers on this topic
Support Rating
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
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No answers on this topic
In-Person Training
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
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Online Training
Online training is quite strong. I have used for specific pieces of functionality.However it is not sufficient in all areas.
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Implementation Rating
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.
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No answers on this topic
Alternatives Considered
Oracle NetSuite ERP is lightyears ahead with the sophistication and accuracy of their ERP. There are so many more options for inventory management, accounting, and more. We felt that NetSuite ERP provided us with the most growth opportunity and would be able to keep up with our scaling business.
Read full review
No answers on this topic
Scalability
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.
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No answers on this topic
Return on Investment
  • NetSuite software has improved our process controls and enhanced cash management, especially in huge projects.
  • The software has helped us with budgeting, forecasting, and real-time financial reporting.
  • Introduction of NetSuite ERP into our organisation has completely changed the way we do things by enhancing compliance, ensuring real-time project milestone tracking, and enabling portfolio management.
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No answers on this topic
ScreenShots

NetSuite ERP Screenshots

Screenshot of one view into the most critical business processes.Screenshot of Netsuite's mobile-friendly design