NetSuite ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NetSuite ERP
Score 8.0 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
Pricing
NetSuite ERP
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERP
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level 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 ERP
Considered Both Products
NetSuite ERP
Chose NetSuite ERP
We made a terrible mistake in switching to Netsuite.
Chose NetSuite ERP
NetSuite ERP it probably the best of the ERP systems I have used. Quickbooks is really intended for smaller companies and SAP for very large (though it is not very flexible and navigation of the system is a nightmare). Openbravo was probably the most flexible of the systems but …
Chose NetSuite ERP
Honestly, not a whole lot. We are kind of adjacent to NetSuite. I have a lot of experience with Salesforce and I know that sometimes the functionality can kind of compete with each other, although the systems serve different purposes, but I have not used another major ERP …
Chose NetSuite ERP
As I said, SAP and Oracle Fusion are the ones that I've used in the past. I feel NetSuite is definitely superior in a lot of ways. First UI and then search capabilities. And then I think the back engine probably works really better. That's why it's quicker, and faster, and you …
Chose NetSuite ERP
My team liked NetSuite better, so we went with a team decision on this one. So it was intuitive and easy to navigate, and they liked it better.
Chose NetSuite ERP
Well, the reason why I'm with NetSuite is because obviously it beats out those other options quite considerably. It gave us the whole ecosystem that gave us everything we needed. I didn't need a dedicated administrator whose full-time job is to deal with it like our current …
Chose NetSuite ERP
NetSuite, it's right up there with Dynamics and Salesforce. I think it's primarily focused on tracking the finance side of things in our business, but the ability to API into so many other different things and have so many already-built solutions that we can just plug in makes …
Chose NetSuite ERP
I've used several of the other accounting and ERP software out there. But I think this one compares very well, I find it to be very intuitive.
Chose NetSuite ERP
for the price point and that would handle our usage billing needs Sage Intacct was the only option that competed -- visually and some key feature like saved searches/export, reporting and NSPB pushed NetSuite about Sage -- but overall we liked and trusted the sales team at …
Chose NetSuite ERP
In my opinion, NetSuite ERP has similar capabilities, but at a fraction of the cost. Oracle is a tier 1 solution and I was part of the selection and implementation team for this solution. Implementation was intense and it took us 8 months to install. NetSuite ERP we installed …
Chose NetSuite ERP
I think PLEX has a much older UI and I personally have more experience using PLEX than NetSuite ERP however NetSuite ERP has a significant amount of customizations that PLEX does not have which allows for more flexibility
Chose NetSuite ERP
The user interface of NetSuite ERP is more intuitive and the data captured in the transactions is more detailed. There appears to be more features in NetSuite ERP and flexibility in what can be done, ie Saved Searches, versus the other system.
Chose NetSuite ERP
Provides us with multiple avenues to build on making our close more efficient, and provides the capability to help us with aligning with our goals.
Chose NetSuite ERP
Our major requirement was order management, revenue management, automated billing, invoicing, project management, financial accounting use cases & inbound and outbound integrations to other applications such as Salesforce, Mavenlink, Zip, Navan, Stripe etc.. When we evaluated …
Chose NetSuite ERP
Netsuite ERP is by far a superior product.
Chose NetSuite ERP
Navigation, Search, and Reporting are all superior in NetSuite ERP
Chose NetSuite ERP
NetSuite ERP left Sage Intacct in the dust years ago. It was actually a painful experience to join a company not on NetSuite ERP after having been NetSuite ERP user historically. It was a joy to transition that same company to NetSuite ERP and reap the benefits once again.
Chose NetSuite ERP
Much better/more sophisticated with the option to configure many more features. Also nice with all the 3rd party options available.
Chose NetSuite ERP
NetSuite is very user friendly and easy to use against most of the competitors.
Chose NetSuite ERP
NetSuite is lightyears ahead in terms of customizability. There's also more support for it because it's much more popular.
Top Pros
Top Cons
Features
NetSuite ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
15 Ratings
147% below category average
Pay calculation1.013 Ratings
Benefit plan administration1.010 Ratings
Direct deposit files1.39 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.1
74 Ratings
23% above category average
API for custom integration9.164 Ratings
Plug-ins9.347 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.1
81 Ratings
11% above category average
Single sign-on capability9.162 Ratings
Role-based user permissions9.080 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.1
72 Ratings
27% above category average
Dashboards9.171 Ratings
Standard reports9.170 Ratings
Custom reports9.170 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.6
251 Ratings
0% below category average
Accounts payable8.3245 Ratings
Accounts receivable8.3227 Ratings
Global Financial Support9.326 Ratings
Primary and Secondary Ledgers9.428 Ratings
Journals and Reconciliations9.041 Ratings
Configurable Accounting9.335 Ratings
Standardized Processes9.337 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
8.8
48 Ratings
11% above category average
Inventory tracking9.747 Ratings
Automatic reordering8.528 Ratings
Location management9.235 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
8.6
200 Ratings
10% above category average
Pricing9.053 Ratings
Order entry8.3196 Ratings
Credit card processing8.337 Ratings
Cost of goods sold8.648 Ratings
Order Orchestration9.321 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.3
193 Ratings
2% below category average
Billing Management8.4182 Ratings
Cash and Asset Management9.327 Ratings
Travel & Expense Management8.231 Ratings
Budgetary Control & Encumbrance Accounting8.427 Ratings
Period Close9.335 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.3
32 Ratings
19% below category average
Budgeting and Forecasting5.926 Ratings
Project Costing5.823 Ratings
Cost Capture5.822 Ratings
Capital Project Management4.014 Ratings
Customer Contract Compliance9.313 Ratings
Project Revenue Recognition6.622 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.0
17 Ratings
52% below category average
Project Planning and Scheduling8.514 Ratings
Task Insight for Project Managers3.311 Ratings
Project Mobile Functionality3.010 Ratings
Definable Resource Pools3.68 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
12 Ratings
82% below category average
Award Lifecycle Management3.57 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
19 Ratings
71% below category average
Bids Analyzed and Compared3.58 Ratings
Contract Authoring2.010 Ratings
Contract Repository3.58 Ratings
Requisitions-to-Purchase Orders Integrated3.613 Ratings
Supplier Management9.413 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.2
11 Ratings
68% below category average
Risk Repository3.58 Ratings
Control Management2.011 Ratings
Control Efficiency Assessments3.57 Ratings
Issue Detection3.58 Ratings
Remediation and Certification3.58 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.0
17 Ratings
78% below category average
Transportation Planning and Optimization2.89 Ratings
Transportation Execution Management2.88 Ratings
Trade and Customs Management2.88 Ratings
Fulfillment Management9.414 Ratings
Warehouse Workforce Management2.511 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
8.8
16 Ratings
16% above category average
Production Process Design8.412 Ratings
Production Management8.514 Ratings
Configuration Management9.310 Ratings
Work Execution9.312 Ratings
Manufacturing Costs8.414 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
7.7
128 Ratings
6% above category average
Forecasting7.617 Ratings
Inventory Planning7.4125 Ratings
Performance Monitoring8.514 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite ERP
3.8
13 Ratings
63% below category average
Proposal Management2.610 Ratings
Product Master Data Management3.29 Ratings
Best Alternatives
NetSuite ERP
Small Businesses
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Score 8.7 out of 10
Medium-sized Companies
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Infor VISUAL
Score 7.4 out of 10
Enterprises
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Score 7.5 out of 10
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User Ratings
NetSuite ERP
Likelihood to Recommend
8.6
(349 ratings)
Likelihood to Renew
9.2
(49 ratings)
Usability
8.6
(231 ratings)
Availability
9.0
(16 ratings)
Performance
8.0
(15 ratings)
Support Rating
7.1
(215 ratings)
In-Person Training
7.3
(2 ratings)
Online Training
6.4
(10 ratings)
Implementation Rating
6.4
(17 ratings)
Configurability
8.7
(5 ratings)
Ease of integration
7.3
(3 ratings)
Product Scalability
9.0
(8 ratings)
Vendor post-sale
4.8
(2 ratings)
Vendor pre-sale
5.0
(1 ratings)
User Testimonials
NetSuite ERP
Likelihood to Recommend
NetSuite
Really in this hybrid environment, being up in the cloud and being able to securely access the data and work from anywhere, I think it's a real game changer for my team. So I really like the fact that NetSuite keeps up with security features and allows users to access it from anywhere.
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Pros
NetSuite
  • NetSuite does analytics very well.
  • They do reporting very well. I love the ability to have control over how the information flows through my NetSuite, my user roles, and my responsibilities. I can assign certain tasks to certain people, and they do that and then also have the control to approve that and make sure it's done correctly.
  • Just being able to drill down into a particular GL account or into a particular line item and see what really makes that up and what's driving our certain costs.
Read full review
Cons
NetSuite
  • Honestly, right now, my biggest pain point is kind of our own doing, but I would appreciate a little bit more support and help in the area of performance management and kind of understanding how our application is built, what are the best choices for customizing or solving a problem in terms of performance, because our company is rather large, we have a lot of data coming in and out, and that has been an issue for us recently.
Read full review
Likelihood to Renew
NetSuite
NetSuite is able to cover all of our needs, spanning multiple departments and managerial levels. We use it daily for a multitude of functions, including creating promotions, estimating inventory, pulling historical reports, forecasting sales, and more. Overall, we're very satisfied with NetSuite as an ERP solution and recommend it to medium to large businesses.
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Usability
NetSuite
I have given this rating due to below use cases: - Order Management - Advanced Revenue Management - Invoicing - Automated Billing - Inbound and Outbound Integrations with applications such as Salesforce, Zip, Stripe, Mavenlink, Avalara, Floquast - Project management and billing - Training -Customer Support - Knowledge Article Support
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Reliability and Availability
NetSuite
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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Performance
NetSuite
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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Support Rating
NetSuite
The account rep changes quite often, which requires restarting. Suite Answers is a very good tool but can be hard to use for somebody who is not fully confident with Netsuite. Asking questions that are not already answered in Suite Answers can be rough. Training is readily available, but most of the time stays on the surface and doesn't answer medium to more advanced questions.
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In-Person Training
NetSuite
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
NetSuite
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
NetSuite
I felt NetSuite Professional Services did an excellent job of guiding us in the implementation. I also felt our internal teams were a little resistant to the change and engagement of new software. Had we performed better engaging and buying into the new software, I would be able to rate the implementation better. Therefore, the lower number should not be viewed as a deficiency with the software or the professional services teams, but as an reminder of how important complete buy-in from the local users is.
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Alternatives Considered
NetSuite
Well, the reason why I'm with NetSuite is because obviously it beats out those other options quite considerably. It gave us the whole ecosystem that gave us everything we needed. I didn't need a dedicated administrator whose full-time job is to deal with it like our current system would need to really be useful. I can find people or train people how to use it right away. So for us, that really beats it out compared to the Sage and QuickBooks where we were looking at it from a perspective of, yeah, we can find people who are experts in those fields. They don't scale up to the size that we need as we're going to really quickly go from R&D company into doing tens of millions of dollars a year in revenue and activities. So that's where it beats us out over say Sage or QuickBooks is it's got that complete scalability. We can go to multiple subsidiaries, foreign currency, not a problem. It's got that full functionality.
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Scalability
NetSuite
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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Return on Investment
NetSuite
  • Positive impact, again, it's our source of truth, so we are able to not have questions about how much money we have in the bank or do we have enough material to build this job. Being able to know those things immediately is super valuable.
  • I mean it's the grease that skids the wheels that gets us to accomplish the things that we do in our business.
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ScreenShots

NetSuite ERP Screenshots

Screenshot of one view into the most critical business processes.Screenshot of Mobile-friendly design