NetSuite ERP, Awesome for a not so complex company.
October 18, 2023

NetSuite ERP, Awesome for a not so complex company.

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

Software Version

NetSuite Financials

Modules Used

  • AdvancedFinancials
  • Fixed Asset Module
  • OneWorld (multi-country and multi-currency)
  • Revenue Recognition

Overall Satisfaction with NetSuite ERP

We use NetSuite EPR for our Accounting and Financial processes. We use it to process orders and invoice our customers, generate revenue arrangements, and recognize revenue. We also use it for our fixed asset management, Procurement and AP functions. We are using it to feed actual information to our budgeting and planning tool as well.
  • Simplifies Accounting processes
  • Excellent UI
  • Flexibility to add custom objects
  • Edge processes outside of core accounting functions are lacking
  • Complex approval routing
  • complex order processes
  • Major adoption throughout our company
  • Up-time has been very optimal
  • helping us to remain compliant

Do you think NetSuite ERP delivers good value for the price?

Yes

Are you happy with NetSuite ERP's feature set?

Yes

Did NetSuite ERP live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of NetSuite ERP go as expected?

Yes

Would you buy NetSuite ERP again?

Yes

The UI is great. The forms can be easily customized to fit our business workflows. The accounting impact on your transactions are visible when entering your data.
In my opinion, NetSuite ERP support is a hit-or-miss. I've found some agents are very knowledgeable and work hard to ensure the issues are resolved positively. However, in my experience, there are others that waits various "meetings/Screenshares" to talk in circles about the issue and do not offer any real solution. I often find solution through my own networks and contacts.
NetSuite ERP in general is very well suited for many business in the mid-to-large market and I would recommend it for accounting and financial processes. It does great for Procure-to-pay, fixed asset, and revenue recognition. I also appreciate the audit trail that NetSuite ERP provides, allowing you to see everything that happens in the system.