Good system for Finance
October 19, 2023

Good system for Finance

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

Software Version

NetSuite Financials

Modules Used

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

Overall Satisfaction with NetSuite ERP

We use NetSuite EPR for financial solutions. We are looking for AI to help with Predictive analysis.
  • Reporting
  • Invoice tracking
  • Financial coding
  • Integrations
  • T&E
  • Positive for Finance team
  • In my opinion, it's negative for non finance team members due to coding being too complicated
In my opinion, it better for expense management

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

No

Are you happy with NetSuite ERP's feature set?

Yes

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

Custom segments complicates the accounting segments
Dont work with support
It is good for reporting on financial statements. In my opinion, It is difficult for financial coding due to segments and lack of easy integrations when have more than 3 segments.

NetSuite ERP Feature Ratings

Accounts payable
7
Accounts receivable
5
Billing Management
Not Rated
Order entry
Not Rated
Not Rated
Not Rated
Not Rated
Inventory Planning
Not Rated