A good choice for Cloud ERP
Updated October 16, 2019

A good choice for Cloud ERP

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

NetSuite Enterprise Edition

Modules Used

  • OneWorld (multi-country and multi-currency)

Overall Satisfaction with NetSuite

NetSuite is being used as the software to manage our manufacturing from opportunities, sales orders, purchase orders, managing inventory and financial things such as invoices, billing and payments. So it is being used by Planners, Finance, QAs, and B2B department. NetSuite is a replacement of Oracle ERP since we would like to come to the cloud instead of a local system.
  • A cloud application. We can access it any time from anywhere without a VPN as a local system like we had before.
  • We don't have to care much about the hardware, like when we need additional storage or when we need to upgrade CPU, memories etc...
  • We don't have to care much about the deployment or installation of fixes. All are installed and taken care of by NetSuite.
  • NetSuite is much faster than the previous one we used.
  • NetSuite UI is much more friendly than the Oracle ERP we used before.
  • It doesn't support tracking detail of lots. I mean in work in progress (WIP) inventory only.
  • It doesn't support approval flow. It does have a bundle which is an extension that was developed by NetSuite, but that will not work well if you already have some customization in your workflow or record. You need to customize that bundle as well to adapt to your business logic.
  • It doesn't support routing on items. I heard they are working on this for the next release.
  • It doesn't support detailed tracking of manufacturing as previous software we used did. So we had to change to track inventory only. Then some departments had some issues getting familiar with the new flow.
  • Compared to the previous one, NetSuite provides better UI so all transactions we need to do manually have been done much faster.
  • NetSuite has some limitations but it can be extended by SuiteCloud, so any problem with users from any department could be resolved by the Software development team.
  • Not a member of any user groups
We used Oracle ERP before so it was a priority to select NetSuite because NetSuite was acquired by Oracle. We expected that since the new and the old systems belonged to the same company, it would be the best way to integrate data from old to new. Another reason we chose it is because Oracle is a big guy in this field. We had used their product for more than ten years, so we believed continuing to use their product would be a good choice.
NetSuite is suitable to manage your manufacturing with an overview. You can see big pictures such as inventory.
If you want to track details as to where the lot is being located, or which step the lot is in while being processed in the factory, NetSuite couldn't provide it yet unless you do customization with SuiteScript or SuiteFlow.

NetSuite ERP Feature Ratings

Accounts payable
9
Accounts receivable
9
Global Financial Support
8
Primary and Secondary Ledgers
Not Rated
Journals and Reconciliations
Not Rated
Configurable Accounting
9
Standardized Processes
9
Billing Management
8
Cash and Asset Management
Not Rated
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
Not Rated
Period Close
10
Inventory tracking
10
Automatic reordering
9
Location management
10
Pricing
9
Order entry
9
Credit card processing
Not Rated
Cost of goods sold
9
Order Orchestration
9
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
8
Standard reports
9
Custom reports
10
API for custom integration
10
Plug-ins
8
Role-based user permissions
10
Single sign-on capability
10
Award Lifecycle Management
8
Budgeting and Forecasting
8
Project Costing
9
Cost Capture
9
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
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Production Process Design
8
Production Management
8
Configuration Management
9
Work Execution
6
Manufacturing Costs
8
Forecasting
6
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated