What users are saying about
369 Ratings
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Score 7.1 out of 100
1 Ratings
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Score 6 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

Valogix Inventory Planner

Valogix is a good tool for a mid to large sized business who has a lot of SKUs and much data that needs to be analyzed to determine supply. It is best used by savvy people, as there is quite a learning curve to it. It integrates well with NetSuite, though I cannot speak to how well it may integrate with other ERP systems.
Alex Placito | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

NetSuite
5.4
Valogix Inventory Planner
Pay calculation
NetSuite
4.8
Valogix Inventory Planner
Benefit plan administration
NetSuite
5.0
Valogix Inventory Planner
Direct deposit files
NetSuite
5.0
Valogix Inventory Planner
Salary revision and increment management
NetSuite
6.0
Valogix Inventory Planner
Reimbursement management
NetSuite
6.0
Valogix Inventory Planner

Customization

NetSuite
6.4
Valogix Inventory Planner
API for custom integration
NetSuite
6.5
Valogix Inventory Planner
Plug-ins
NetSuite
6.4
Valogix Inventory Planner

Security

NetSuite
7.6
Valogix Inventory Planner
Single sign-on capability
NetSuite
7.7
Valogix Inventory Planner
Role-based user permissions
NetSuite
7.4
Valogix Inventory Planner

Reporting & Analytics

NetSuite
6.2
Valogix Inventory Planner
Dashboards
NetSuite
6.5
Valogix Inventory Planner
Standard reports
NetSuite
6.2
Valogix Inventory Planner
Custom reports
NetSuite
6.1
Valogix Inventory Planner

General Ledger and Configurable Accounting

NetSuite
6.8
Valogix Inventory Planner
Accounts payable
NetSuite
7.2
Valogix Inventory Planner
Accounts receivable
NetSuite
7.3
Valogix Inventory Planner
Global Financial Support
NetSuite
6.9
Valogix Inventory Planner
Primary and Secondary Ledgers
NetSuite
7.7
Valogix Inventory Planner
Intercompany Accounting
NetSuite
6.8
Valogix Inventory Planner
Localizations
NetSuite
7.7
Valogix Inventory Planner
Journals and Reconciliations
NetSuite
6.9
Valogix Inventory Planner
Enterprise Accounting
NetSuite
7.6
Valogix Inventory Planner
Configurable Accounting
NetSuite
7.6
Valogix Inventory Planner
Centralized Rules Framework
NetSuite
5.8
Valogix Inventory Planner
Standardized Processes
NetSuite
7.7
Valogix Inventory Planner

Inventory Management

NetSuite
5.4
Valogix Inventory Planner
Inventory tracking
NetSuite
6.1
Valogix Inventory Planner
Automatic reordering
NetSuite
5.3
Valogix Inventory Planner
Location management
NetSuite
5.5
Valogix Inventory Planner
Manufacturing module
NetSuite
4.6
Valogix Inventory Planner

Order Management

NetSuite
6.7
Valogix Inventory Planner
Pricing
NetSuite
6.7
Valogix Inventory Planner
Order entry
NetSuite
6.1
Valogix Inventory Planner
Credit card processing
NetSuite
7.1
Valogix Inventory Planner
Cost of goods sold
NetSuite
6.9
Valogix Inventory Planner
Order Orchestration
NetSuite
6.8
Valogix Inventory Planner
End-to-end order visibility
NetSuite
6.9
Valogix Inventory Planner
Order exception Resolution
NetSuite
6.1
Valogix Inventory Planner

Subledger and Financial Process

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

Project Financial Management

NetSuite
6.1
Valogix Inventory Planner
Budgeting and Forecasting
NetSuite
5.5
Valogix Inventory Planner
Project Costing
NetSuite
6.3
Valogix Inventory Planner
Cost Capture
NetSuite
6.6
Valogix Inventory Planner
Capital Project Management
NetSuite
6.8
Valogix Inventory Planner
Customer Invoicing
NetSuite
6.6
Valogix Inventory Planner
Customer Contract Compliance
NetSuite
7.3
Valogix Inventory Planner
Project Revenue Recognition
NetSuite
6.0
Valogix Inventory Planner
Project Financial Performance Analysis
NetSuite
6.2
Valogix Inventory Planner
Project Financials Dashboard
NetSuite
5.8
Valogix Inventory Planner
Real-time Financial Reporting
NetSuite
6.3
Valogix Inventory Planner
Embedded Business Intelligence
NetSuite
4.7
Valogix Inventory Planner
Project Planning Collaboration
NetSuite
4.8
Valogix Inventory Planner

Project Execution Management

NetSuite
6.1
Valogix Inventory Planner
Project Planning and Scheduling
NetSuite
5.0
Valogix Inventory Planner
Project Manager Dashboard
NetSuite
4.7
Valogix Inventory Planner
Resource Manager Dashboard
NetSuite
4.4
Valogix Inventory Planner
Task Insight for Project Managers
NetSuite
6.0
Valogix Inventory Planner
Project Manager Mobile Functionality
NetSuite
6.6
Valogix Inventory Planner
Team Member Task Collaboration
NetSuite
6.0
Valogix Inventory Planner
Team Member Mobile Functionality
NetSuite
6.6
Valogix Inventory Planner
Project Candidate Search
NetSuite
6.4
Valogix Inventory Planner
Project Candidate Comparison and Analysis
NetSuite
6.4
Valogix Inventory Planner
Defineable Resource Pools
NetSuite
6.4
Valogix Inventory Planner
Defineable Resource Pools
NetSuite
6.4
Valogix Inventory Planner
Talent Profiles
NetSuite
5.8
Valogix Inventory Planner
Real-Time Project Reporting
NetSuite
6.4
Valogix Inventory Planner
Absence Management
NetSuite
7.0
Valogix Inventory Planner
Product Lifecycle Management
NetSuite
7.0
Valogix Inventory Planner

Grants Management

NetSuite
6.5
Valogix Inventory Planner
Award Lifecycle Management
NetSuite
6.7
Valogix Inventory Planner
Spending Control
NetSuite
6.7
Valogix Inventory Planner
Indirect Cost Management
NetSuite
6.7
Valogix Inventory Planner
Billing
NetSuite
5.8
Valogix Inventory Planner

Procurement

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

Risk Management

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

Logistics

NetSuite
4.2
Valogix Inventory Planner
Transportation Planning and Optimization
NetSuite
4.1
Valogix Inventory Planner
Transportation Sourcing Management
NetSuite
4.2
Valogix Inventory Planner
Transportation Process Integration
NetSuite
5.0
Valogix Inventory Planner
Transportation Execution Management
NetSuite
4.1
Valogix Inventory Planner
Freight Payment Automation
NetSuite
4.1
Valogix Inventory Planner
Trade Management
NetSuite
3.6
Valogix Inventory Planner
Trade Regulatory Compliance Management
NetSuite
6.0
Valogix Inventory Planner
Customs Entry Management
NetSuite
4.1
Valogix Inventory Planner
Customs Document Management
NetSuite
3.4
Valogix Inventory Planner
Customs Document Collaboration
NetSuite
3.1
Valogix Inventory Planner
Fulfillment Management
NetSuite
3.8
Valogix Inventory Planner
Inventory Visibility
NetSuite
5.0
Valogix Inventory Planner
Warehouse Workforce Management
NetSuite
4.4
Valogix Inventory Planner

Manufacturing

NetSuite
5.2
Valogix Inventory Planner
Production Process Design
NetSuite
4.9
Valogix Inventory Planner
Supply Chain Business Flows
NetSuite
4.1
Valogix Inventory Planner
Production Management
NetSuite
4.1
Valogix Inventory Planner
Contracted Manufacturing Management
NetSuite
3.9
Valogix Inventory Planner
Configuration Management
NetSuite
7.7
Valogix Inventory Planner
Work Definition
NetSuite
3.5
Valogix Inventory Planner
Work Execution
NetSuite
4.5
Valogix Inventory Planner
Advanced Fulfillment
NetSuite
7.3
Valogix Inventory Planner
Manufacturing Costs
NetSuite
6.3
Valogix Inventory Planner

Supply Chain

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

Product Lifecycle Management

NetSuite
4.7
Valogix Inventory Planner
Ideation Management
NetSuite
4.6
Valogix Inventory Planner
Requirements Management
NetSuite
7.0
Valogix Inventory Planner
Proposal Management
NetSuite
3.6
Valogix Inventory Planner
Innovation Portfolio Management
NetSuite
4.1
Valogix Inventory Planner
Product Master Data Management
NetSuite
4.1
Valogix Inventory Planner
Vendor Portal
NetSuite
4.7
Valogix Inventory Planner
Project Portfolio Management
NetSuite
4.6
Valogix Inventory Planner

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

Valogix Inventory Planner

  • Calculates how much it thinks you should have on-hand, based on demand and other factors.
  • Integrates with NetSuite to include all your demand, supply, item and location data.
  • Automatically determines seasonality for items.
Alex Placito | 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

Valogix Inventory Planner

  • The UI for their product (web application) is weak.
  • Does not support multiple units of measure well.
Alex Placito | 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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

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

Valogix Inventory Planner

Compared to NetSuite's default demand planning module, Valogix shines. NetSuite's product is very weak, very manually-driven, and does not provide the precise level of control that Valogix does. We used NetSuite's module for a while before realizing it wouldn't work for us whatsoever. It might work for you if you have a simple product setup, few SKUs and only one location. But in that case, you probably don't need demand planning software anyway.
Alex Placito | 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

Valogix Inventory Planner

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

Valogix Inventory Planner

  • It has begun to reduce time for us taken up by running manual spreadsheet calculations.
  • The training was time-consuming and difficult to onboard new users when we had turnover.
Alex Placito | TrustRadius Reviewer

Pricing Details

NetSuite

General

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

Valogix Inventory Planner

General

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

Rating Summary

Likelihood to Recommend

NetSuite
5.9
Valogix Inventory Planner
6.0

Likelihood to Renew

NetSuite
8.0
Valogix Inventory Planner

Usability

NetSuite
9.0
Valogix Inventory Planner

Reliability and Availability

NetSuite
9.4
Valogix Inventory Planner

Performance

NetSuite
7.7
Valogix Inventory Planner

Support Rating

NetSuite
1.0
Valogix Inventory Planner

In-Person Training

NetSuite
7.3
Valogix Inventory Planner

Online Training

NetSuite
8.0
Valogix Inventory Planner

Implementation Rating

NetSuite
7.3
Valogix Inventory Planner

Scalability

NetSuite
8.4
Valogix Inventory Planner

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