NetSuite Accounting is everything.
October 17, 2023
NetSuite Accounting is everything.
Score 7 out of 10
Vetted Review
Verified User
Software Version
NetSuite Enterprise Edition
Modules Used
- AdvancedFinancials
- Advanced Project Module
- Fixed Asset Module
- ODBC
- OneWorld (multi-country and multi-currency)
- Revenue Recognition
- SuiteBilling
- SuiteCloud
Overall Satisfaction with NetSuite ERP
I use it for financial reporting. The system allows more visibility for more users than our prior system. The scope of my use case is to have more usable information quickly for management to be able to make quick decisions.
- Visibly appealing to the user
- Allows real-time data
- It's flexible to allow other systems to integrate
- Ability to change the GL Header/Line level information. We track at the project/task level and that has to be customized
- Allowing for credits to back revenue out when the charge is based on actual
- Support at the Accounting Level
- The implementation cost much more than expected
- We have to implement OpenAir in order for the system to do the things that it was originally intended to do. An additional cost.
NetSuite was selected as it was stated to be able to account at the task level. Our company manages financial information at the task level.
Do you think NetSuite ERP delivers good value for the price?
Not sure
Are you happy with NetSuite ERP's feature set?
No
Did NetSuite ERP live up to sales and marketing promises?
No
Did implementation of NetSuite ERP go as expected?
No
Would you buy NetSuite ERP again?
Yes