NetSuite ERP review - 6.17.24
Updated November 17, 2025
NetSuite ERP review - 6.17.24
Score 9 out of 10
Vetted Review
Verified User
Software Version
NetSuite Enterprise Edition
Modules Used
- Fixed Asset Module
- Work Orders and Assemblies
Overall Satisfaction with NetSuite ERP
We use NetSuite ERP for general ledger, fixed asset management, and inventory warehouse management & order fulfillment. Included in general ledger is journal entries, accounts payable, and cash management & accounting. Accounts payable includes bill entry, approval routing and payment. Cash management and accounting includes bank integration to post daily transactions and reconcile activity.
Pros
- Ease of posting and editing journals
- Immediate trial balance and financial review during close
- Cash transaction accounting and posting
Cons
- WMS - inventory valuations
- WMS - sale order costing
- JPMChase plug-in from FISPAN - limited functionality
- Positive impact on inventory management
- Positive impact in department COGS reporting
- Positive impact on AP vendor management and payments
We don't have the need for an enterprise level solution like SAP, Oracle, or PeopleSoft so NetSuite ERP was a better fit. We had outgrown the functionality provided by our previous ERP system and of the three different solutions that we demo'd, NetSuite ERP checked the most boxes. General ledger, payables, and warehouse management set it apart from competitors.
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?
No
Did implementation of NetSuite ERP go as expected?
No
Would you buy NetSuite ERP again?
Yes
Comments
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