What users are saying about
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Top Rated
355 Ratings
5 Ratings

NetSuite

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Top Rated
355 Ratings
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Score 7.2 out of 100
5 Ratings
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Score 2.9 out of 100

Likelihood to Recommend

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

TradeGecko

Using TradeGecko requires to the company to make compromises. Which compromises depends on the business, what they are using for other 3rd party applications and what they sell.You need to be very good with excel since you are able to upload and modify most files, which gives you major control over your data. They however need to modify the way in which new inventory items get loaded, as it is quite awkward if you use variants.'Reports' as has been described prior has improved dramatically and most if not all can be downloaded in CSV/Excel format. This allows you to build your own reports with the data from the system.If your business is very complex in nature, TradeGecko probably isn't the system for you. If you are doing thousands of transactions a day, again this is not the system. However, if you are a small to smaller mid-sized business, the system, its cost and the 3rd party applications make it worth a first second and third look.
Wayne Spivak | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

NetSuite
5.8
TradeGecko
Pay calculation
NetSuite
6.5
TradeGecko
Benefit plan administration
NetSuite
5.1
TradeGecko
Direct deposit files
NetSuite
5.1
TradeGecko
Salary revision and increment management
NetSuite
6.0
TradeGecko
Reimbursement management
NetSuite
6.1
TradeGecko

Customization

NetSuite
7.1
TradeGecko
API for custom integration
NetSuite
7.2
TradeGecko
Plug-ins
NetSuite
7.0
TradeGecko

Security

NetSuite
8.1
TradeGecko
Single sign-on capability
NetSuite
8.3
TradeGecko
Role-based user permissions
NetSuite
8.0
TradeGecko

Reporting & Analytics

NetSuite
6.9
TradeGecko
Dashboards
NetSuite
7.1
TradeGecko
Standard reports
NetSuite
6.9
TradeGecko
Custom reports
NetSuite
6.8
TradeGecko

General Ledger and Configurable Accounting

NetSuite
7.0
TradeGecko
Accounts payable
NetSuite
7.6
TradeGecko
Accounts receivable
NetSuite
7.7
TradeGecko
Global Financial Support
NetSuite
7.3
TradeGecko
Primary and Secondary Ledgers
NetSuite
8.1
TradeGecko
Intercompany Accounting
NetSuite
7.3
TradeGecko
Localizations
NetSuite
8.1
TradeGecko
Journals and Reconciliations
NetSuite
7.4
TradeGecko
Enterprise Accounting
NetSuite
7.9
TradeGecko
Configurable Accounting
NetSuite
8.0
TradeGecko
Centralized Rules Framework
NetSuite
6.6
TradeGecko
Standardized Processes
NetSuite
8.0
TradeGecko

Inventory Management

NetSuite
6.1
TradeGecko
Inventory tracking
NetSuite
6.8
TradeGecko
Automatic reordering
NetSuite
6.1
TradeGecko
Location management
NetSuite
6.4
TradeGecko
Manufacturing module
NetSuite
5.3
TradeGecko

Order Management

NetSuite
7.3
TradeGecko
Pricing
NetSuite
7.3
TradeGecko
Order entry
NetSuite
6.9
TradeGecko
Credit card processing
NetSuite
7.6
TradeGecko
Cost of goods sold
NetSuite
7.3
TradeGecko
Order Orchestration
NetSuite
7.4
TradeGecko
End-to-end order visibility
NetSuite
7.6
TradeGecko
Order exception Resolution
NetSuite
6.9
TradeGecko

Subledger and Financial Process

NetSuite
7.1
TradeGecko
Automated Invoice Processing
NetSuite
7.6
TradeGecko
Shared Services Payments
NetSuite
6.8
TradeGecko
Billings Management
NetSuite
7.2
TradeGecko
Customer Receipt Applications
NetSuite
7.4
TradeGecko
Customer Collections
NetSuite
7.7
TradeGecko
Revenue Recognition
NetSuite
8.0
TradeGecko
Cash Management
NetSuite
7.0
TradeGecko
Asset Management
NetSuite
6.1
TradeGecko
Travel & Expense Management
NetSuite
6.6
TradeGecko
Budgetary Control & Encumbrance Accounting
NetSuite
7.1
TradeGecko
Period Close
NetSuite
8.0
TradeGecko
Transactions Tax
NetSuite
7.3
TradeGecko
Subledger Reconciliations
NetSuite
7.2
TradeGecko
3rd Party Accounting Systems
NetSuite
6.1
TradeGecko

Project Financial Management

NetSuite
6.5
TradeGecko
Budgeting and Forecasting
NetSuite
5.9
TradeGecko
Project Costing
NetSuite
6.5
TradeGecko
Cost Capture
NetSuite
7.1
TradeGecko
Capital Project Management
NetSuite
6.6
TradeGecko
Customer Invoicing
NetSuite
7.2
TradeGecko
Customer Contract Compliance
NetSuite
7.8
TradeGecko
Project Revenue Recognition
NetSuite
6.7
TradeGecko
Project Financial Performance Analysis
NetSuite
6.7
TradeGecko
Project Financials Dashboard
NetSuite
6.5
TradeGecko
Real-time Financial Reporting
NetSuite
7.0
TradeGecko
Embedded Business Intelligence
NetSuite
5.2
TradeGecko
Project Planning Collaboration
NetSuite
5.4
TradeGecko

Project Execution Management

NetSuite
6.3
TradeGecko
Project Planning and Scheduling
NetSuite
5.8
TradeGecko
Project Manager Dashboard
NetSuite
5.5
TradeGecko
Resource Manager Dashboard
NetSuite
4.9
TradeGecko
Task Insight for Project Managers
NetSuite
6.2
TradeGecko
Project Manager Mobile Functionality
NetSuite
6.8
TradeGecko
Team Member Task Collaboration
NetSuite
6.1
TradeGecko
Team Member Mobile Functionality
NetSuite
6.9
TradeGecko
Project Candidate Search
NetSuite
6.5
TradeGecko
Project Candidate Comparison and Analysis
NetSuite
6.5
TradeGecko
Defineable Resource Pools
NetSuite
6.5
TradeGecko
Defineable Resource Pools
NetSuite
6.5
TradeGecko
Talent Profiles
NetSuite
6.0
TradeGecko
Real-Time Project Reporting
NetSuite
6.5
TradeGecko
Absence Management
NetSuite
6.9
TradeGecko
Product Lifecycle Management
NetSuite
7.1
TradeGecko

Grants Management

NetSuite
6.8
TradeGecko
Award Lifecycle Management
NetSuite
6.9
TradeGecko
Spending Control
NetSuite
7.0
TradeGecko
Indirect Cost Management
NetSuite
7.0
TradeGecko
Billing
NetSuite
6.0
TradeGecko

Procurement

NetSuite
6.8
TradeGecko
Sourcing Team Collaboration
NetSuite
7.7
TradeGecko
Sourcing Analysis
NetSuite
6.7
TradeGecko
Bids Analyzed and Compared
NetSuite
6.6
TradeGecko
Catalog Shopping E-Commerce for Employees
NetSuite
5.8
TradeGecko
Contract Authoring
NetSuite
6.4
TradeGecko
Contract Compliance Management
NetSuite
6.4
TradeGecko
Contract History
NetSuite
6.4
TradeGecko
Contract Renewal Automation
NetSuite
6.2
TradeGecko
Contract Repository
NetSuite
6.2
TradeGecko
Contract Standardization and Enforcement
NetSuite
6.0
TradeGecko
Electronic Signatures
NetSuite
6.7
TradeGecko
Invoice Automated Matching
NetSuite
6.7
TradeGecko
Purchasing Risk and Compliance Management
NetSuite
7.1
TradeGecko
Requisitions-to-Purchase Orders Integrated
NetSuite
7.6
TradeGecko
Spend Compliance Management
NetSuite
7.7
TradeGecko
Supplier Assessment
NetSuite
7.1
TradeGecko
Supplier Communication and Collaboration
NetSuite
7.4
TradeGecko
Supplier Management
NetSuite
7.8
TradeGecko
Supplier Portal
NetSuite
6.9
TradeGecko

Risk Management

NetSuite
6.7
TradeGecko
Risk Repository
NetSuite
7.0
TradeGecko
Control Management
NetSuite
6.6
TradeGecko
Control Mapping
NetSuite
6.5
TradeGecko
Control Efficiency Assessments
NetSuite
6.5
TradeGecko
Automated Control Assessments
NetSuite
6.5
TradeGecko
Assessment Capture
NetSuite
7.0
TradeGecko
Issue Detection
NetSuite
7.0
TradeGecko
Automatic Notification
NetSuite
7.0
TradeGecko
Remediation and Certification
NetSuite
6.5
TradeGecko

Logistics

NetSuite
4.8
TradeGecko
Transportation Planning and Optimization
NetSuite
5.3
TradeGecko
Transportation Sourcing Management
NetSuite
5.4
TradeGecko
Transportation Process Integration
NetSuite
6.0
TradeGecko
Transportation Execution Management
NetSuite
4.5
TradeGecko
Freight Payment Automation
NetSuite
4.5
TradeGecko
Trade Management
NetSuite
4.1
TradeGecko
Trade Regulatory Compliance Management
NetSuite
6.2
TradeGecko
Customs Entry Management
NetSuite
4.5
TradeGecko
Customs Document Management
NetSuite
3.6
TradeGecko
Customs Document Collaboration
NetSuite
3.2
TradeGecko
Fulfillment Management
NetSuite
4.8
TradeGecko
Inventory Visibility
NetSuite
5.7
TradeGecko
Warehouse Workforce Management
NetSuite
4.7
TradeGecko

Manufacturing

NetSuite
5.5
TradeGecko
Production Process Design
NetSuite
5.4
TradeGecko
Supply Chain Business Flows
NetSuite
4.6
TradeGecko
Production Management
NetSuite
4.6
TradeGecko
Contracted Manufacturing Management
NetSuite
4.4
TradeGecko
Configuration Management
NetSuite
7.9
TradeGecko
Work Definition
NetSuite
3.9
TradeGecko
Work Execution
NetSuite
4.7
TradeGecko
Advanced Fulfillment
NetSuite
7.4
TradeGecko
Manufacturing Costs
NetSuite
6.8
TradeGecko

Supply Chain

NetSuite
5.3
TradeGecko
Forecasting
NetSuite
5.0
TradeGecko
Inventory Planning
NetSuite
4.2
TradeGecko
Multi-tier Supply Chain Planning
NetSuite
6.8
TradeGecko
Performance Monitoring
NetSuite
5.0
TradeGecko

Product Lifecycle Management

NetSuite
5.0
TradeGecko
Ideation Management
NetSuite
4.9
TradeGecko
Requirements Management
NetSuite
7.2
TradeGecko
Proposal Management
NetSuite
4.0
TradeGecko
Innovation Portfolio Management
NetSuite
4.4
TradeGecko
Product Master Data Management
NetSuite
4.3
TradeGecko
Vendor Portal
NetSuite
5.3
TradeGecko
Project Portfolio Management
NetSuite
4.9
TradeGecko

Pros

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

TradeGecko

  • Multi-currency support
  • Integration with Xero
  • Multi-warehouse support
  • Internet-based solution
Anonymous | TrustRadius Reviewer

Cons

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

TradeGecko

  • Shopify integration doesn't work properly.
  • Reporting is dysfunctional.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

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

TradeGecko

TradeGecko 10.0
Based on 1 answer
TG works well for us.
Anonymous | TrustRadius Reviewer

Usability

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

TradeGecko

TradeGecko 8.0
Based on 1 answer
TG is good and easy to use, but could be improved
Anonymous | TrustRadius Reviewer

Reliability and Availability

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

TradeGecko

No score
No answers yet
No answers on this topic

Performance

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

TradeGecko

No score
No answers yet
No answers on this topic

Support Rating

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

TradeGecko

TradeGecko 1.0
Based on 1 answer
Support team just sends links to blog posts that are often out of date.
Anonymous | TrustRadius Reviewer

In-Person Training

NetSuite

NetSuite 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

TradeGecko

No score
No answers yet
No answers on this topic

Online Training

NetSuite

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

TradeGecko

No score
No answers yet
No answers on this topic

Implementation Rating

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

TradeGecko

No score
No answers yet
No answers on this topic

Alternatives Considered

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

TradeGecko

I looked at several other products and either they were cost prohibitive or just too complex. If I wanted complexity I would go with a full suite approach (Navision, Intacct, Netsuite, Sage, etc.) for a major price point entrance into the accounting system world.While TG has been at times very aggravating overall I'm more that satisfied given the clients operating parameters. No software solution is perfect - no matter what the software publisher says!
Wayne Spivak | TrustRadius Reviewer

Scalability

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

TradeGecko

No score
No answers yet
No answers on this topic

Return on Investment

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

TradeGecko

  • I have spent an inordinate amount of time getting them to see what realistic business rules are (not just for my client, but for business in general).
  • I believe their engineers, analysts and many of their customer service people need more real-life business experience since they truly don't understand concepts as simple as "sales pipeline" or as mentioned before, you don't recalculate sales tax when you are not the books of record.
Wayne Spivak | TrustRadius Reviewer

Screenshots

Pricing Details

NetSuite

General

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

TradeGecko

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required

Rating Summary

Likelihood to Recommend

NetSuite
6.8
TradeGecko
2.9

Likelihood to Renew

NetSuite
8.0
TradeGecko
10.0

Usability

NetSuite
9.0
TradeGecko
8.0

Reliability and Availability

NetSuite
9.4
TradeGecko

Performance

NetSuite
7.7
TradeGecko

Support Rating

NetSuite
1.0
TradeGecko
1.0

In-Person Training

NetSuite
7.3
TradeGecko

Online Training

NetSuite
8.0
TradeGecko

Implementation Rating

NetSuite
7.3
TradeGecko

Scalability

NetSuite
8.4
TradeGecko

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