Netsuite is the premier accounting tool
May 26, 2024

Netsuite is the premier accounting tool

Shane Vogelsberg | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Software Version

NetSuite Mid-Market edition

Overall Satisfaction with NetSuite ERP

NetSuite is the hub for all of our company financials. As a company that does both hardware and software it is also valuable for it's ability to track our inventory transactions and balances. It is an extremely valuable tool that I have used at several different companies at this point and is my personal preferred ERP.

Pros

  • We keep our full GAAP financial reporting in Netsuite
  • It easily integrates with our financial planning software (Workday)
  • Allows us to track our inventory

Cons

  • I'm not a skilled report builder but the process could be more intuitive.
  • The ability to integrate with our financial planning software has allowed us to automate a lot of our reporting and save hours of time each month.
  • It is an ideal tool for handling external audits.

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?

I wasn't involved with the implementation phase

Would you buy NetSuite ERP again?

Yes

For enterprise companies I think Netsuite is the premier ERP system. It is able to easily handle the complexities of bespoke accounting while also being built to scale with fast growing businesses. It is a premier product so smaller companies may look to other alternatives but typically as a company matures I've seen them switch to Netsuite.

NetSuite ERP Feature Ratings

Comments

  • Lauren Dattilo | TrustRadius Reviewer
    Thanks for taking the time to leave a review, Shane! If you haven’t already done so, feel free to check out our NetSuite Customer Community. https://community.oracle.com/netsuite

More Reviews of NetSuite ERP