A great way to process procurement in large organisations
July 09, 2024
A great way to process procurement in large organisations

Score 7 out of 10
Vetted Review
Verified User
Software Version
NetSuite Financials
Modules Used
- Recurring Billing
- Revenue Recognition
- AdvancedFinancials
- Work Orders and Assemblies
- NetSuite CRM
Overall Satisfaction with NetSuite ERP
We use NetSuite ERP in our organization for a number of things, including raising purchase orders and invoices, which integrates fully with our Power BI tracking, all of the timesheets completed at manager level and above and also expense reports. It is used company-wide at our global organisation by all teams, allowing us to automate and speed up financial processes, and give everyone visibility of activity accordingly. We set up all our new suppliers and contractors on NetSuite ERP so also keep track of them within this useful system.
Pros
- Purchase Order raising
- Creating new suppliers
- Managing time sheets
Cons
- Viewing historical purchase orders (past last 5)
- Easier way to copy across past week time sheets
- More accessible user interface
- More natural filtering of past purchases
- Quite a long timesheet process - slightly negative impact on time as can't always copy past weeks
- Useful ability to copy past purchase orders to speed up procurement process
I was not the selector of the vendor for NetSuite ERP, and it is now the interface I am most used to. I would recommend SAP and their full suite of products, currently only using Concur, as I think it has a slightly cleaner and less cluttered interface, however I do not know if it has all the many features that we use in NetSuite ERP as a global organisation of many individuals.
Do you think NetSuite ERP delivers good value for the price?
Not sure
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
Comments
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