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NetSuite ERP

NetSuite ERP

Overview

What is NetSuite ERP?

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…

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Recent Reviews

Love NetSuite!

9 out of 10
June 03, 2024
Incentivized
NS ERP allows me to track client progress from every aspect. We have full visibility of where each account is and what phase it is in. …
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NetSuite ERP review

8 out of 10
May 30, 2024
Incentivized
NetSuite ERP is used accross different areas of our organisation from Sales, Fulfillment, Finance, Customer Care & Reporting. It provides …
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Powerful but Pricey

6 out of 10
May 24, 2024
Incentivized
NetSuite is basically our all-in-one business hub. It keeps us organized across everything from accounting and inventory to sales and …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 66 features
  • Accounts payable (268)
    8.3
    83%
  • Billing Management (204)
    8.3
    83%
  • Accounts receivable (247)
    8.2
    82%
  • Order entry (215)
    8.0
    80%

Reviewer Pros & Cons

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Video Reviews

9 videos

Save Time By Empowering Your People - Director of IT's Review of NetSuite ERP
04:00
Director of Finance Feels the Efficiency | NetSuite ERP Review
06:05
NetSuite ERP Review | IT Administrator Appreciates the Flexibility
06:10
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Pricing

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N/A
Unavailable

What is NetSuite ERP?

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.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Would you like us to let the vendor know that you want pricing?

44 people also want pricing

Alternatives Pricing

What is Odoo?

Odoo, from the Belgium-headquartered multinational company of the same name, is a suite of business applications for managing the sales pipeline. It also comprises a PoS and inventory management modules, scaling to a warehouse or retail management solution.

What is Genius Solutions?

Genius Solutions delivers a complete enterprise resource planning (ERP) solution, including software, implementation services, and field expertise for small to mid-sized custom manufacturers across the US and Canada. Genius ERP is built for SME manufacturers handling make-to-order, engineer-to…

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Product Demos

NetSuite Product Tour

6262239.extforms.netsuite.com
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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

1.1
Avg 7.1

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

9.2
Avg 7.2

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

9.5
Avg 8.0

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

9.6
Avg 7.0

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

7.8
Avg 7.6

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

8.9
Avg 7.8

Order Management

The ability to process orders, and track them from quote to cash.

9.1
Avg 7.7

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

7.7
Avg 7.4

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

6.5
Avg 7.6

Project Execution Management

Project execution management solution including capabilities for project scheduling, resource management, and team member task management.

4.1
Avg 6.8

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

3.1
Avg 7.4

Procurement

Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management

3.3
Avg 6.9

Risk Management

Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies

3.1
Avg 6.4

Logistics

Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.

3.1
Avg 6.7

Manufacturing

Manufacturing solution for managing manufacturing processes and costs.

9.2
Avg 7.4

Supply Chain

Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.

8.1
Avg 7.0

Product Lifecycle Management

Product Lifecycle Management solution with capabilities for innovation management, product development

3.9
Avg 7.1
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Product Details

What is NetSuite ERP?

As a cloud ERP solution, NetSuite is presented as the first and last business management solution a business could ever need.
NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation, and omnichannel commerce, used by more than 38,000 customers in 219 countries.

NetSuite ERP Features

General Ledger and Configurable Accounting Features

  • Supported: Accounts payable
  • Supported: Accounts receivable

Subledger and Financial Process Features

  • Supported: Billing Management

Order Management Features

  • Supported: Order entry

Project Financial Management Features

  • Supported: Capital Project Management

Supply Chain Features

  • Supported: Inventory Planning

NetSuite ERP Screenshots

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

NetSuite ERP Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android, Mobile Web

Frequently Asked Questions

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.

Sage 100, Microsoft Dynamics GP, and Odoo are common alternatives for NetSuite ERP.

Reviewers rate Inventory tracking highest, with a score of 9.9.

The most common users of NetSuite ERP are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(1194)

Attribute Ratings

Reviews

(1-1 of 1)
Companies can't remove reviews or game the system. Here's why
June 26, 2015

NetSuite review

Score 7 out of 10
Vetted Review
Verified User
In addition to being used in house, we also have a number of clients set up on NetSuite as well. By using the product in both locations, we are able assist clients in their daily usage; can be outsourced to clients to work on their systems on a daily basis, and we can work either at the client site or elsewhere, due to the cloud nature of the product.
  • The ability to prepare financial statements for multiple locations and departments
  • The transaction history capability - looking back to see what has been recorded with a particular vendor or customer
  • The ability to customize reports to tailor them to your needs
  • The interaction between the Fixed Assets Module and NetSuite is not the easiest to maneuver
  • Trying to determine the GL impact of certain transactions can be cumbersome at times
I look at the amount of transactions that are being processed. Does the client has multiple locations or product lines that they want to track? How many users they are looking at? Do they have sales and inventory that they want to track? What is their volume of business and sales in any given year? What they are expecting in growth over the next 3-5 years?
General Ledger and Configurable Accounting (2)
80%
8.0
Accounts payable
80%
8.0
Accounts receivable
80%
8.0
Subledger and Financial Process
N/A
N/A
Inventory Management (3)
N/A
N/A
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Order Management (4)
N/A
N/A
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Payroll Management (3)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Reporting & Analytics (3)
80%
8.0
Dashboards
80%
8.0
Standard reports
80%
8.0
Custom reports
80%
8.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
85%
8.5
Role-based user permissions
90%
9.0
Single sign-on capability
80%
8.0
Grants Management
N/A
N/A
Project Financial Management
N/A
N/A
Project Execution Management
N/A
N/A
Procurement
N/A
N/A
Risk Management
N/A
N/A
Logistics
N/A
N/A
Manufacturing
N/A
N/A
Supply Chain
N/A
N/A
Product Lifecycle Management
N/A
N/A
  • Ability to consolidate multiple subsidiaries - prior to NetSuite, one client was using QuickBooks and had a separate account for each subsidiary - now we can see them all on the same report.
  • The ability for multiple people to be looking at the same document in remote locations has been a great feature - again because everything is cloud-based
One client used QuickBooks in the past - but could not get all the subsidiaries added to a single file. So four QuickBooks accounts were needed. With NetSuite, all the subsidiaries can be added to the same account, reports can be prepared at a consolidated level or at a subsidiary level.
Our CPA practice is also an authorized reseller of NetSuite - so we are able to assist clients in getting their accounts set up, to configure the reports for various types of industries, to provide onsite and remote support when they need it. We look at what is best for the client before we sell them NetSuite, but many of the clients that purchase it, have been pleased.
  • 50% to 75% of my clients
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