NetSuite user with 1 year of experience since implementation.
October 18, 2023
NetSuite user with 1 year of experience since implementation.
Score 10 out of 10
Vetted Review
Verified User
Software Version
NetSuite Enterprise Edition
Modules Used
- OneWorld (multi-country and multi-currency)
- NetGains - Netloans
Overall Satisfaction with NetSuite ERP
Fionic is a financial services company and uses NetSuite as its financial book of records. It is used for financial reporting and cash collections.
- Flexibility of financial reporting process.
- Vast infrastructure to support various needs.
- Able to scale to a much larger organization dealing with multiple jurisdictions.
- Learning curve to start functioning efficiently.
- Ability to easily connect with Canadian banks and the application of cash to a large number of customer receivables.
- Support for multi-currency reporting/implementation.
- Positive - once set up, it is fairly easy to run reports.
- Improvement - Learning and optimizing all the features.
- Improvement - The ecosystem is vast, and it is great to have an overall resource map listing all the features and vendors that support various modules.
Quickbooks is easy to learn and set up for smaller companies that have yet to scale. We decided to invest in NetSuite because it will have the required functionalities, but it has taken some time to transfer over.
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?
No
Would you buy NetSuite ERP again?
Yes