NetSuite - Expensive but worth it. Configure but use Caution with Customizations.
February 23, 2018

NetSuite - Expensive but worth it. Configure but use Caution with Customizations.

Anna Miller | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Software Version

NetSuite Mid-Market edition

Modules Used

  • Advanced Inventory

Overall Satisfaction with NetSuite

Our entire organization uses NetSuite as ERP and CRM. We use it for accounting, bus and parts inventory, PO to Bill Pay, Quote to Customer Pay, and Customer Support After the Sale. We use it for document creation, distribution, and storage. We print, email, and fax out of NetSuite. We use it for reporting and KPIs. We have created custom records to record bus stock book information, customer fleet tracking, and sales rep visit scheduling.
  • It is easy to customize forms to provide the information needed for our industry and hide information that is irrelevant.
  • It is easy to create searches to dig out the information we need for various reporting and planning.
  • Accounting is sound with inventory that mirrors general ledger.
  • Inventory records can be categorized by location and by bin, but physical inventory forms do not include this information and cannot be customized so we had to create out own searches.
  • Permissions cover most situations but are sometimes lumped together when they should be more granular.
  • It is expensive.
  • It has allowed us to move all mission critical data to the cloud, making disaster recovery goals more achievable.
  • Access to mission critical data is available to everyone, everywhere. Especially helpful when we have internet connection issues or other factors that prevent employees from working in the office. People can work from home, airports, hotels, even restaurants and coffee shops.
  • In addition to the web browser access, NetSuite also has smart phone apps, allowing road warriors to look up critical customer data, including directions to their location, en route to a sales or support visit.
  • Greater Kansas City Regional User Group
I am also a member of the User Group you can access within NetSuite https://usergroup.netsuite.com/users/index.php and a LinkedIn Netsuite User Group. Can sometimes help when you only have a inkling of what you are asking for. Most helpful though has been SuiteAnswers and the ability to create an Online ticket direct with NetSuite.
OSAS was a long time ago. After that we used Galaxy by Systems 2000 which was RV industry specific software so close to our industry, bus sales. We could have switched to Systems 2000's Infinity software but decided instead to go with NetSuite, a broader industry software, but extremely customizable for our industry. So customizations are great, others have practically broken the whole system, so take care when customizing too much. Maybe try instead to mold your processes to general best practices.
Like a car dealership, we are a reseller for buses, parts, and service on buses. My experience is only with this type of business. For our shop we had to purchase a 3rd party add on to create the type of invoice normally used with repairs separated from each other and parts grouped with labor for each repair.

NetSuite ERP Feature Ratings

Accounts payable
10
Accounts receivable
10
Global Financial Support
Not Rated
Primary and Secondary Ledgers
10
Journals and Reconciliations
10
Configurable Accounting
10
Standardized Processes
10
Billing Management
10
Cash and Asset Management
8
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
8
Period Close
9
Inventory tracking
7
Automatic reordering
9
Location management
8
Pricing
7
Order entry
10
Credit card processing
9
Cost of goods sold
10
Order Orchestration
7
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
9
Standard reports
9
Custom reports
8
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
8
Single sign-on capability
Not Rated
Award Lifecycle Management
Not Rated
Budgeting and Forecasting
Not Rated
Project Costing
Not Rated
Cost Capture
Not Rated
Capital Project Management
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
Not Rated
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
10
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated