What users are saying about
368 Ratings
368 Ratings
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Score 7.1 out of 100
2 Ratings
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Score 8.8 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

Unit4 Financials

This would work well for the back side of accounting...meaning after the invoice was created. If you need software to create invoices, this may not be the software for you (or at least you would have to do additional research on its capability). Other than that, it takes care of the majority of our needs.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

NetSuite
5.4
Unit4 Financials
Pay calculation
NetSuite
4.8
Unit4 Financials
Benefit plan administration
NetSuite
5.0
Unit4 Financials
Direct deposit files
NetSuite
5.0
Unit4 Financials
Salary revision and increment management
NetSuite
6.0
Unit4 Financials
Reimbursement management
NetSuite
6.0
Unit4 Financials

Customization

NetSuite
6.4
Unit4 Financials
API for custom integration
NetSuite
6.5
Unit4 Financials
Plug-ins
NetSuite
6.4
Unit4 Financials

Security

NetSuite
7.6
Unit4 Financials
9.0
Single sign-on capability
NetSuite
7.7
Unit4 Financials
9.0
Role-based user permissions
NetSuite
7.4
Unit4 Financials
9.0

Reporting & Analytics

NetSuite
6.3
Unit4 Financials
5.3
Dashboards
NetSuite
6.5
Unit4 Financials
1.0
Standard reports
NetSuite
6.2
Unit4 Financials
7.0
Custom reports
NetSuite
6.1
Unit4 Financials
8.0

General Ledger and Configurable Accounting

NetSuite
6.8
Unit4 Financials
8.1
Accounts payable
NetSuite
7.2
Unit4 Financials
9.0
Accounts receivable
NetSuite
7.3
Unit4 Financials
9.0
Global Financial Support
NetSuite
6.9
Unit4 Financials
Primary and Secondary Ledgers
NetSuite
7.7
Unit4 Financials
Intercompany Accounting
NetSuite
6.8
Unit4 Financials
7.0
Localizations
NetSuite
7.7
Unit4 Financials
Journals and Reconciliations
NetSuite
6.9
Unit4 Financials
8.0
Enterprise Accounting
NetSuite
7.6
Unit4 Financials
Configurable Accounting
NetSuite
7.6
Unit4 Financials
Centralized Rules Framework
NetSuite
5.9
Unit4 Financials
Standardized Processes
NetSuite
7.7
Unit4 Financials
8.0
Cash management
NetSuite
Unit4 Financials
8.0
Expense management
NetSuite
Unit4 Financials
8.0
Multi-division support
NetSuite
Unit4 Financials
8.0

Inventory Management

NetSuite
5.4
Unit4 Financials
8.0
Inventory tracking
NetSuite
6.1
Unit4 Financials
8.0
Automatic reordering
NetSuite
5.4
Unit4 Financials
Location management
NetSuite
5.5
Unit4 Financials
Manufacturing module
NetSuite
4.7
Unit4 Financials

Order Management

NetSuite
6.7
Unit4 Financials
Pricing
NetSuite
6.7
Unit4 Financials
Order entry
NetSuite
6.1
Unit4 Financials
Credit card processing
NetSuite
7.2
Unit4 Financials
Cost of goods sold
NetSuite
6.9
Unit4 Financials
Order Orchestration
NetSuite
6.8
Unit4 Financials
End-to-end order visibility
NetSuite
7.0
Unit4 Financials
Order exception Resolution
NetSuite
6.2
Unit4 Financials

Subledger and Financial Process

NetSuite
6.8
Unit4 Financials
Automated Invoice Processing
NetSuite
7.3
Unit4 Financials
Shared Services Payments
NetSuite
6.4
Unit4 Financials
Billings Management
NetSuite
6.8
Unit4 Financials
Customer Receipt Applications
NetSuite
6.8
Unit4 Financials
Customer Collections
NetSuite
7.2
Unit4 Financials
Revenue Recognition
NetSuite
7.6
Unit4 Financials
Cash Management
NetSuite
6.5
Unit4 Financials
Asset Management
NetSuite
5.8
Unit4 Financials
Travel & Expense Management
NetSuite
6.8
Unit4 Financials
Budgetary Control & Encumbrance Accounting
NetSuite
6.8
Unit4 Financials
Period Close
NetSuite
7.6
Unit4 Financials
Transactions Tax
NetSuite
6.8
Unit4 Financials
Subledger Reconciliations
NetSuite
6.7
Unit4 Financials
3rd Party Accounting Systems
NetSuite
5.5
Unit4 Financials

Project Financial Management

NetSuite
6.1
Unit4 Financials
Budgeting and Forecasting
NetSuite
5.5
Unit4 Financials
Project Costing
NetSuite
6.3
Unit4 Financials
Cost Capture
NetSuite
6.6
Unit4 Financials
Capital Project Management
NetSuite
6.8
Unit4 Financials
Customer Invoicing
NetSuite
6.6
Unit4 Financials
Customer Contract Compliance
NetSuite
7.4
Unit4 Financials
Project Revenue Recognition
NetSuite
6.0
Unit4 Financials
Project Financial Performance Analysis
NetSuite
6.2
Unit4 Financials
Project Financials Dashboard
NetSuite
5.8
Unit4 Financials
Real-time Financial Reporting
NetSuite
6.3
Unit4 Financials
Embedded Business Intelligence
NetSuite
4.7
Unit4 Financials
Project Planning Collaboration
NetSuite
4.9
Unit4 Financials

Project Execution Management

NetSuite
6.1
Unit4 Financials
Project Planning and Scheduling
NetSuite
5.1
Unit4 Financials
Project Manager Dashboard
NetSuite
4.7
Unit4 Financials
Resource Manager Dashboard
NetSuite
4.4
Unit4 Financials
Task Insight for Project Managers
NetSuite
6.0
Unit4 Financials
Project Manager Mobile Functionality
NetSuite
6.6
Unit4 Financials
Team Member Task Collaboration
NetSuite
6.0
Unit4 Financials
Team Member Mobile Functionality
NetSuite
6.7
Unit4 Financials
Project Candidate Search
NetSuite
6.4
Unit4 Financials
Project Candidate Comparison and Analysis
NetSuite
6.4
Unit4 Financials
Defineable Resource Pools
NetSuite
6.4
Unit4 Financials
Defineable Resource Pools
NetSuite
6.4
Unit4 Financials
Talent Profiles
NetSuite
5.9
Unit4 Financials
Real-Time Project Reporting
NetSuite
6.4
Unit4 Financials
Absence Management
NetSuite
7.0
Unit4 Financials
Product Lifecycle Management
NetSuite
7.0
Unit4 Financials

Grants Management

NetSuite
6.5
Unit4 Financials
Award Lifecycle Management
NetSuite
6.7
Unit4 Financials
Spending Control
NetSuite
6.7
Unit4 Financials
Indirect Cost Management
NetSuite
6.7
Unit4 Financials
Billing
NetSuite
5.8
Unit4 Financials

Procurement

NetSuite
6.6
Unit4 Financials
Sourcing Team Collaboration
NetSuite
7.2
Unit4 Financials
Sourcing Analysis
NetSuite
6.5
Unit4 Financials
Bids Analyzed and Compared
NetSuite
6.5
Unit4 Financials
Catalog Shopping E-Commerce for Employees
NetSuite
5.2
Unit4 Financials
Contract Authoring
NetSuite
6.1
Unit4 Financials
Contract Compliance Management
NetSuite
6.1
Unit4 Financials
Contract History
NetSuite
6.1
Unit4 Financials
Contract Renewal Automation
NetSuite
6.0
Unit4 Financials
Contract Repository
NetSuite
6.0
Unit4 Financials
Contract Standardization and Enforcement
NetSuite
6.0
Unit4 Financials
Electronic Signatures
NetSuite
6.5
Unit4 Financials
Invoice Automated Matching
NetSuite
6.5
Unit4 Financials
Purchasing Risk and Compliance Management
NetSuite
6.5
Unit4 Financials
Requisitions-to-Purchase Orders Integrated
NetSuite
7.1
Unit4 Financials
Spend Compliance Management
NetSuite
7.7
Unit4 Financials
Supplier Assessment
NetSuite
7.0
Unit4 Financials
Supplier Communication and Collaboration
NetSuite
7.2
Unit4 Financials
Supplier Management
NetSuite
7.8
Unit4 Financials
Supplier Portal
NetSuite
7.0
Unit4 Financials

Risk Management

NetSuite
6.7
Unit4 Financials
Risk Repository
NetSuite
7.0
Unit4 Financials
Control Management
NetSuite
6.4
Unit4 Financials
Control Mapping
NetSuite
6.4
Unit4 Financials
Control Efficiency Assessments
NetSuite
6.4
Unit4 Financials
Automated Control Assessments
NetSuite
6.4
Unit4 Financials
Assessment Capture
NetSuite
7.0
Unit4 Financials
Issue Detection
NetSuite
7.0
Unit4 Financials
Automatic Notification
NetSuite
7.0
Unit4 Financials
Remediation and Certification
NetSuite
6.4
Unit4 Financials

Logistics

NetSuite
4.3
Unit4 Financials
Transportation Planning and Optimization
NetSuite
4.2
Unit4 Financials
Transportation Sourcing Management
NetSuite
4.2
Unit4 Financials
Transportation Process Integration
NetSuite
5.1
Unit4 Financials
Transportation Execution Management
NetSuite
4.1
Unit4 Financials
Freight Payment Automation
NetSuite
4.1
Unit4 Financials
Trade Management
NetSuite
3.6
Unit4 Financials
Trade Regulatory Compliance Management
NetSuite
6.0
Unit4 Financials
Customs Entry Management
NetSuite
4.1
Unit4 Financials
Customs Document Management
NetSuite
3.4
Unit4 Financials
Customs Document Collaboration
NetSuite
3.1
Unit4 Financials
Fulfillment Management
NetSuite
3.9
Unit4 Financials
Inventory Visibility
NetSuite
5.0
Unit4 Financials
Warehouse Workforce Management
NetSuite
4.4
Unit4 Financials

Manufacturing

NetSuite
5.2
Unit4 Financials
Production Process Design
NetSuite
4.9
Unit4 Financials
Supply Chain Business Flows
NetSuite
4.1
Unit4 Financials
Production Management
NetSuite
4.1
Unit4 Financials
Contracted Manufacturing Management
NetSuite
3.9
Unit4 Financials
Configuration Management
NetSuite
7.7
Unit4 Financials
Work Definition
NetSuite
3.6
Unit4 Financials
Work Execution
NetSuite
4.5
Unit4 Financials
Advanced Fulfillment
NetSuite
7.3
Unit4 Financials
Manufacturing Costs
NetSuite
6.3
Unit4 Financials

Supply Chain

NetSuite
5.1
Unit4 Financials
Forecasting
NetSuite
4.7
Unit4 Financials
Inventory Planning
NetSuite
4.1
Unit4 Financials
Multi-tier Supply Chain Planning
NetSuite
6.8
Unit4 Financials
Performance Monitoring
NetSuite
4.8
Unit4 Financials

Product Lifecycle Management

NetSuite
4.7
Unit4 Financials
Ideation Management
NetSuite
4.6
Unit4 Financials
Requirements Management
NetSuite
7.0
Unit4 Financials
Proposal Management
NetSuite
3.6
Unit4 Financials
Innovation Portfolio Management
NetSuite
4.1
Unit4 Financials
Product Master Data Management
NetSuite
4.1
Unit4 Financials
Vendor Portal
NetSuite
4.7
Unit4 Financials
Project Portfolio Management
NetSuite
4.6
Unit4 Financials

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

Unit4 Financials

  • It is easy to move around in if set up properly.
  • You can changes background colors to your choice.
  • It is customizable (you can create home pages specific to the user).
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

Unit4 Financials

  • There is a lot of "building" when first starting up with the software.
  • Some of the data you cannot pull unless you have sequel knowledge, although capabilities are getting better.
  • There is not a good operating statement report option.
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

Unit4 Financials

No score
No answers yet
No answers on this topic

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

Unit4 Financials

No score
No answers yet
No answers on this topic

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

Unit4 Financials

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

Unit4 Financials

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

Unit4 Financials

No score
No answers yet
No answers on this topic

In-Person Training

NetSuite

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

Unit4 Financials

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

Unit4 Financials

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

Unit4 Financials

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

Unit4 Financials

Unit4 Financials is definitely much more robust than Peachtree or other software. I've also used SAP in the past and this seems to have many more capabilities.
Anonymous | 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

Unit4 Financials

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

Unit4 Financials

  • Because of the lack of operating statement reports, we've had to spend additional funds to use another system.
  • It does show data in real time, so no waiting for batches to update overnight.
  • You can do a lot of customizing to meet your own needs.
Anonymous | TrustRadius Reviewer

Pricing Details

NetSuite

General

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

Unit4 Financials

General

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

Rating Summary

Likelihood to Recommend

NetSuite
5.9
Unit4 Financials
9.0

Likelihood to Renew

NetSuite
8.0
Unit4 Financials

Usability

NetSuite
9.0
Unit4 Financials

Reliability and Availability

NetSuite
9.4
Unit4 Financials

Performance

NetSuite
7.7
Unit4 Financials

Support Rating

NetSuite
1.0
Unit4 Financials

In-Person Training

NetSuite
7.3
Unit4 Financials

Online Training

NetSuite
8.0
Unit4 Financials

Implementation Rating

NetSuite
7.3
Unit4 Financials

Scalability

NetSuite
8.4
Unit4 Financials

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