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NetSuite - A lot of positives but not perfect.
October 25, 2021

NetSuite - A lot of positives but not perfect.

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

Software Version

NetSuite Financials

Modules Used

  • Advanced Inventory
  • Advanced Project Module
  • Recurring Billing
  • Revenue Recognition
  • Work Orders and Assemblies

Overall Satisfaction with NetSuite ERP

The system is being utilized for our financial, manufacturing and sales functions.
  • standard reports are very thorough
  • ability to customize reports
  • customizing reports can be tedious.
  • Implementation was a little complex
  • Freed time from finance team from manual processes.
  • Costs are higher based on per user
Netsuite was more driven towards our enterprise focus.
Smaller companies will find it difficult to implement the system. Company's with smaller teams will need to dedicated enough time to work with NetSuite in order to effectively deploy the system.

NetSuite ERP Feature Ratings

8.6
Accounts payable
9
Accounts receivable
9
Journals and Reconciliations
9
Configurable Accounting
8
Standardized Processes
8
8.8
Billing Management
9
Cash and Asset Management
9
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
9
Period Close
9
9.3
Inventory tracking
10
Automatic reordering
9
Location management
9
9.0
Pricing
8
Order entry
9
Cost of goods sold
10
Order Orchestration
9
Payroll Management ()
Not Rated
8.7
Dashboards
9
Standard reports
9
Custom reports
8
8.0
API for custom integration
8
Plug-ins
8
9.0
Role-based user permissions
9
9.0
Award Lifecycle Management
9
9.2
Budgeting and Forecasting
9
Project Costing
9
Cost Capture
9
Capital Project Management
9
Customer Contract Compliance
10
Project Revenue Recognition
9
8.0
Project Planning and Scheduling
8
Task Insight for Project Managers
8
Project Mobile Functionality
7
Definable Resource Pools
9
9.0
Bids Analyzed and Compared
9
Contract Authoring
9
Contract Repository
9
Requisitions-to-Purchase Orders Integrated
9
Supplier Management
9
9.0
Risk Repository
9
Control Management
9
Control Efficiency Assessments
9
Issue Detection
9
Remediation and Certification
9
6.8
Transportation Planning and Optimization
7
Transportation Execution Management
7
Trade and Customs Management
7
Fulfillment Management
7
Warehouse Workforce Management
6
7.2
Production Process Design
7
Production Management
8
Configuration Management
7
Work Execution
7
Manufacturing Costs
7
8.0
Forecasting
8
Inventory Planning
8
Performance Monitoring
8
7.0
Proposal Management
6
Product Master Data Management
8