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…
NetSuite rocks
Streamlining Operations with NetSuite ERP: A Comprehensive Review
NetSuite ERP Review
NetSuite Makes Fundraising Easy
A useful product, however it remains an expensive solution to ERP
NetSuite ERP is very easy to use and has a low cost to implement
NetSuite ERP - the (pricey) Standard for ERPs
NetSuite is a mistake for any small to medium-sized business that seeks a partnership relationship with their ERP provider.
NetSuite ERP can be a solid system
Suite up for NetSuite
NetSuite ERP Review
NetSuite ERP Review
NetSuite ERP Review
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
- Billing Management (188)8.383%
- Accounts payable (252)8.383%
- Accounts receivable (233)8.383%
- Order entry (203)8.181%
Reviewer Pros & Cons
Video Reviews
9 videos
Pricing
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
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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…
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 1Pay calculation(13) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 1Benefit plan administration(10) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 1.3Direct deposit files(9) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 9.2API for custom integration(64) Ratings
An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.
- 9.6Plug-ins(47) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
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.
- 9.3Single sign-on capability(62) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 9.3Role-based user permissions(80) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 9.4Dashboards(71) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 9.4Standard reports(70) Ratings
The software offers pre-built reports with metrics standard to the category.
- 9.4Custom reports(70) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 8.3Accounts payable(252) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 8.3Accounts receivable(233) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 9.5Global Financial Support(26) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 9.6Primary and Secondary Ledgers(28) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 9.1Journals and Reconciliations(41) Ratings
Automate and synchronize ledgers and processes
- 9.5Configurable Accounting(35) Ratings
Configure accounting rules and segments for each chart of accounts
- 9.5Standardized Processes(37) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 9.8Inventory tracking(47) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 8.7Automatic reordering(28) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 9.3Location management(35) Ratings
The software can track multiple goods across multiple locations.
Order Management
The ability to process orders, and track them from quote to cash.
- 9.4Pricing(53) Ratings
Users can set up complex and unique pricing requirements.
- 8.1Order entry(203) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 8.6Credit card processing(37) Ratings
The software facilitates credit card processing.
- 8.9Cost of goods sold(48) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 9.6Order Orchestration(21) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
Subledger and Financial Process
Revenue management solution including capabilities for subledgers and financial processes
- 8.3Billing Management(188) Ratings
Access role-based billing work area, perform discrete and recurring billing
- 9.5Cash and Asset Management(27) Ratings
Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments
- 8.8Travel & Expense Management(31) Ratings
Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement
- 8.6Budgetary Control & Encumbrance Accounting(27) Ratings
Control spending at any budget level or time interval
- 9.5Period Close(35) Ratings
Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration
Project Financial Management
Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.
- 5.9Budgeting and Forecasting(26) Ratings
Establish project budgets and forecast future project financials
- 5.9Project Costing(23) Ratings
Standardize, track, and control costs at all project phases
- 5.9Cost Capture(22) Ratings
Capture costs including those for procurement, financials or time and labor, including from external systems
- 4Capital Project Management(14) Ratings
Track and manage capital asset costs
- 9.6Customer Contract Compliance(13) Ratings
Associate projects or tasks with customer contracts, and lines within contracts, to meet billing terms
- 6.8Project Revenue Recognition(22) Ratings
Recognize project contract revenue in line with accounting policies and regulations
Project Execution Management
Project execution management solution including capabilities for project scheduling, resource management, and team member task management.
- 8.6Project Planning and Scheduling(14) Ratings
Interactive Gantt chart for establishing tasks, durations, and delivery schedule
- 3.3Task Insight for Project Managers(11) Ratings
Project manager visibility into task progress of team members
- 3Project Mobile Functionality(10) Ratings
Capabilities for project functions such as updating and monitoring task progress and timecards from mobile devices
- 3.6Definable Resource Pools(8) Ratings
Definable and hierarchical resource pools of potential project resources
Grants Management
Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding
- 3.5Award Lifecycle Management(7) Ratings
Manage the life of program funding awards from initial funding to close-out
Procurement
Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management
- 3.5Bids Analyzed and Compared(8) Ratings
Evaluate, compare and recommend across multiple bids in real-time using diverse user selected criteria and graphical analytics
- 2Contract Authoring(10) Ratings
Document authoring with guided navigation, negotiation templates and productivity tools for reviews and collaboration
- 3.5Contract Repository(8) Ratings
Secure and searchable contract repository leveraging standard company language components, structures and formats
- 3.6Requisitions-to-Purchase Orders Integrated(13) Ratings
Create touchless purchases using purchase orders generated automatically per rules from approved requisitions
- 9.6Supplier Management(13) Ratings
Broadly manage and report comprehensive supplier profiles, capabilities and performance; identify bottlenecks; balance allocations, workloads
Risk Management
Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies
- 3.5Risk Repository(8) Ratings
Idenity, document, and manage business risks in a unified repository
- 2Control Management(11) Ratings
Establish and update risk and controls matrix, control test plans, and instructions
- 3.5Control Efficiency Assessments(7) Ratings
Assess control effectiveness on criteria such as geography, business unit, compliance requirements, etc
- 3.5Issue Detection(8) Ratings
Detect and create issues as part of the assessment flow
- 3.5Remediation and Certification(8) Ratings
Create and update remediation plans and certify controls
Logistics
Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.
- 2.8Transportation Planning and Optimization(9) Ratings
Plan shipments across all modes of transportation via lowest costs/highest service
- 2.8Transportation Execution Management(8) Ratings
Execute and track shipping orders
- 2.8Trade and Customs Management(8) Ratings
Manage duties, tax rates, customs documents, and other data required for products shipped in and to specified countries
- 9.6Fulfillment Management(14) Ratings
Support for multi-channel demand and execution fulfillment processes
- 2.5Warehouse Workforce Management(11) Ratings
Set goals, measure actuals, and analyze productivity for warehousing tasks and activities
Manufacturing
Manufacturing solution for managing manufacturing processes and costs.
- 8.6Production Process Design(12) Ratings
Define data for plant hierarchy, process standards, work areas, calendars and standard operations
- 8.7Production Management(14) Ratings
Centralized critical status information for production supervisors
- 9.6Configuration Management(10) Ratings
Capture and process customer configuration orders
- 9.6Work Execution(12) Ratings
Monitor procution status, manage work orders for standard and non-standard production, enforce tight controls on serialized products
- 8.6Manufacturing Costs(14) Ratings
Estimate, plan and monitor costs and variances by plant. Capture resource costs using standard, actual, LIFO, FIFO or multiple costing methods.
Supply Chain
Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.
- 8Forecasting(17) Ratings
Statistically forecast based on historical patterns and sales input, monitor accuracy and estimate new demand
- 7.4Inventory Planning(129) Ratings
Establish projected inventory levels, monitor actual levels and compare with projected levels
- 8.7Performance Monitoring(14) Ratings
Analyze business metrics and compare actual performance to plans, identify issues, prioritize demands and respond to changes
Product Lifecycle Management
Product Lifecycle Management solution with capabilities for innovation management, product development
- 2.6Proposal Management(10) Ratings
Capture budget, resource, and benefit expectations for proposals
- 3.2Product Master Data Management(9) Ratings
Create, classify, and manage product items, BOMs and product changes
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is NetSuite ERP?
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
NetSuite ERP Integrations
- Act-On Software
- Arena BOMControl
- HubSpot Marketing Hub
- Zuora
- Phocas Business Intelligence
- Makesbridge
- Salesforce Marketing Cloud
- CallidusCloud LeadRocket (discontinued)
- ServiceTrade
- SAP CLM, discontinued, duplicate
- Tipalti
- Axiom Software by Syntellis Performance Solutions
- ClientPoint
- Bronto Marketing Platform (discontinued)
- Quickbase
- UKG Pro
- Salesforce Marketing Cloud Interaction Studio, on marketing cloud
- Emburse Nexonia
NetSuite ERP Competitors
NetSuite ERP Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | Apple iOS, Android, Mobile Web |
Frequently Asked Questions
Comparisons
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Reviews and Ratings
(1175)Attribute Ratings
- 9.2Likelihood to Renew49 ratings
- 9Availability16 ratings
- 8Performance15 ratings
- 8.6Usability231 ratings
- 7.1Support Rating215 ratings
- 6.4Online Training10 ratings
- 7.3In-Person Training2 ratings
- 6.4Implementation Rating17 ratings
- 8.7Configurability5 ratings
- 9Product Scalability8 ratings
- 7.3Ease of integration3 ratings
- 5Vendor pre-sale1 rating
- 4.8Vendor post-sale2 ratings
- 7.3CPA Rating1 rating
Reviews
(51-75 of 356)NetSuite ERP Review
- Journal Entries
- Breakdown of detail in each transaction
- Ability to add fields to help increase available data
- Reporting - we have multiple classes where we would like to allocate indirect expenses.
- Tax reporting. Suite Tax is limited so a 3rd party is involved
- The use of 3rd party options tends to be overwhelming.
Awesome NetSuite
- Order creation, Approval, Invoicing, Apply Payment
- Create a vendor PO, Approve PO, Create Vendor Bills, Approve Bills
- GL process
- AP automation
- Recurring Billing
- Transaction Approval process
NetSuite - One Platform for Everything
- Financials
- Inventory
- Data management
- User management
- Freedom to more customization for built-in modules such as Inbound Shipments
- WMS needs some improvements
NetSuite ERP Review
- Ability to customize forms, fields, lists, records
- saved searches
- user interface
- Integration with other systems
- integration with data warehouses
- reporting
Good system for Finance
- Reporting
- Invoice tracking
- Financial coding
- Integrations
- T&E
Good, but not an out of the box solution
- Roles
- Permissions
- Workflows
- customization.
- Communication between different record types
- Analytics tools are lacking many standard functions.
- Documentation is lacking in many cases.
NetSuite ERP Review
- Really configurable to address the business needs for reporting
- Easy saved searches
- custom reporting
- field security
Very happy with NetSuite.
- The AP process is very smooth, especially with the addition of bill capture.
- The accounting process is very straight forward. Easy to customize if needed.
- The fixed asset system with respect to leases. Lease modifications don't work well, depending on the modification.
NetSuite ERP is like no other
- Financial Statements
- Planning and Budgeting
- OneWorld
- Fixed Assets
- Expense Reports
NetSuite Experience
- It really helps us keep everything clean and organized
- training the help and modules are getting much better but the initial set up can be very overwhelming
NetSuite ERP is fine
- Produces financial statements
- Allows other products to work within NetSuite ERP
- AI
- Auto reconcilations
Happy and excited to become ecstatic
- Detailed reporting tools
- Security in roles and permissions
- ease of use
- integration possibilities
- The manufacturing portion could be more robust and customizable
- Better support, reps with more knowledge
- The HR and payroll modules
NetSuite ERP Implementation
- Sales Order
- Invoicing
- Customer & Vendor Mangement
- Standardize changes across all forms and templates
- Expose credits on vendor and customer payment vouchers and check vouchers
NetSuite review
- Good at reporting information through saved searches
- Good at restrict permissions for roles
- Good at predictive analytics
- Intercompany transactions
- Promotions flexibility
- Easier reporting tool
NetSuite is Awesome
- Save Searches are still awesome
- Revenue SSP Allocations
- Easy to use compared to oracle and sap
- UI has not changed for years where as competitors have updated UI to be more modenernized
- cash applications not alot of automation in the collections process
- re-occuring monthly billings is difficult as it requires setting up schedules manually
- some of our save searches for revenue waterfalls are getting to big and have slow run times. not sure if there is a way to improve performances but 24month waterfalls take a long time to generate as business grows and number of lines increase
- reporting of backlog is not easy as data is not easily merried to data in NetSuite for ARR reporting
NetSuite ERP Review.
- Financial statements.
- Reporting
- Customer service.
- Upgrades.
- Reporting
- Dashboards
- Consolidation
- Support and the frequency of enhancements instead of actual fixes.
- Pricing of products.
- Strict framework of intercompany.
- Management of complex assemblies and viewing multi-level BOMs.
Very powerful and user friendly ERP system.
- Creating Financial Reports like Income Statements and Balance Sheets.
- Memorized Transactions for automating tasks.
- AR invoicing.
- Training on how to use the system.
- Finding the right fields in saved searches.
- Updating Fixed Asset records after creating them.
Happy NS user
- Easy to use navigation.
- Dashboard configurations.
- Reporting flexibility.
- Access to information.
The Suitest ERP System I have ever Used.
- Allows users to customize their environment to fit their business needs.
- Generating reports and saved searches.
- Accurate material requirement planning.
- Outsourced manufacturing purchase orders could be modified to make them more user-friendly.
NetSuite - Easy Order Management and Processing.
- Order processing.
- Inventory control.
- Billing/invoicing.
- Performance/speed.
- Usability for casual or new users.
My honest opinion.
- Financial Reporting. Able to create the reports we need.
- Lead process. Able to track from Opportunity all the way through the sales cycle
- Able to Consolidate subsidiaries for reporting.
- Easy to transact business between subsidiaries.
- Inventory management.
- Matching vendor bills to item receipts for variances.
- Flexibility in the manufacturing process.
- Saved searches need to go more than one related record deep.
- Custom segments should have the exact same functionality as classifications.
Love/Hate NetSuite.
- Financials
- Reporting
- Expense Reports.
- Technical Support Department.
NetSuite ERP: Empowering Business Growth and Success.
- Accounting
- Saved search.
- Security
- AP automation.
- CRM
- Graphical Reporting.
Great application; highly configurable.
- Adaptable to business requirements.
- Report/search creation.
- Audit trail.
- Role permissions (too broad).
- Understanding workflow configuration.
- Procurement
- Bill payments.