NetSuite is a great choice
Updated June 09, 2025

NetSuite is a great choice

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Software Version

NetSuite Financials

Modules Used

  • Fixed Asset Module
  • Recurring Billing
  • Revenue Recognition
  • SuiteSuccess
  • SuiteCloud

Overall Satisfaction with NetSuite ERP

We use NetSuite for our main ERP system. Invoicing, Billing, General Ledger, rerporting, consolidation, ACCOUNTS Payable. All done in one ERP system. Backed by Oracle which is the best. NetSuite does all of our tracking and records all of the above transactions in multiple currencies. NetSuite makes the accounting team job much easier.

Pros

  • Invoicing
  • ACCOUNTS Payable
  • General Ledger Details

Cons

  • Invoicing in non USD
  • Language in foreign languages for entry screens
  • FX details when booked at month end.
  • Saved time in manual consolidation of multiple currencies
  • One stop shop for world wide ACCOUNTS payable
  • Consolidates general ledger details
NetSuite is fairly easy to use. If you have used any ERP system in the past, you will quickly learn NetSuite. NetSuite makes it easy for admins to set what people can and can't do based on job description. NetSuite manages multiple currencies and users at the same time.
NetSuite is owned and run by Oracle which is the leader in the ERP market. NetSuite does a good job for middle market companies having much of the same functionality as Oracle for a much lower price. NetSuite compares favorably to other systems and financial software we evaluated.

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?

Yes

Did implementation of NetSuite ERP go as expected?

Yes

Would you buy NetSuite ERP again?

Yes

NetSuite does a good job invoicing customers in the US. We bill all our customers from NetSuite. NetSuite also does a good job in the general ledger and posting, review and approving invoices before they are posted to the General Ledger. NetSuite does pretty well on consolidation of multiple countries and currencies.

NetSuite ERP Feature Ratings

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