NetSuite - best for small and medium businesses
Updated December 23, 2015

NetSuite - best for small and medium businesses

Shiv Shivakumar | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Software Version

NetSuite Financials

Modules Used

  • AdvancedFinancials
  • Advanced Inventory
  • Advanced Project Module
  • Contract Renewals Module
  • Demand Planning Module
  • Fixed Asset Module
  • Incentive Compensation
  • Manufacturing WIP & Routing
  • ODBC
  • OneWorld (multi-country and multi-currency)
  • Recurring Billing
  • Revenue Recognition
  • Work Orders and Assemblies
  • E-Commerce

Overall Satisfaction with NetSuite

NetSuite is used across the organization and is the financial system of records for us. It is an excellent cloud based solution and is well integrated across modules. It is user friendly, easy to implement and also easy to understand and train users on. The user experience has been positive all thru as the system per se is not complicated.
  • Easy to implement
  • Cost effective cloud solution
  • User training is relatively straight forward
  • Well integrated across modules
  • CRM and e-commerce module could be more tightly integrated.
  • One set of books for multiple currencies can be made more simple.
  • Lesser cost of implementation for a faster ROI
We evaluated SAP and netsuite and went with netsuite because of its simplicity and yet being able to deliver value
NetSuite is probably one of the best cloud accounting systems available for small and medium businesses.

NetSuite ERP Feature Ratings

Accounts payable
9
Accounts receivable
9
Inventory tracking
8
Automatic reordering
8
Location management
8
Manufacturing module
9
Pricing
8
Order entry
8
Credit card processing
9
Cost of goods sold
8
Reimbursement management
8
Dashboards
8
Standard reports
8
Custom reports
8
API for custom integration
8
Plug-ins
8
Role-based user permissions
8
Single sign-on capability
8
Not Rated

Using NetSuite

20 - finance, HR, procurement

NetSuite Implementation

Using NetSuite

its come a long way since it was initially introduced and is possibly the ERP package out there for small and medium businesses - easy to install/administer and use