NetSuite Reviews

Pros

Our firm outgrew QuickBooks, which was the business challenge that NetSuite addressed. Consequently, we are currently focused on becoming proficient in NetSuite as soon as possible. As a result, I am spending a lot of time teaching and creating systems for use by other salespeople.

Cons

Estimating the cost of an assembly by looking only at the BOM. The most up-to-date information must be calculated and made available. It's simple to figure out the gross margin. Our earnings are based on a margin, and the numbers shift during the day.

Pros

With NetSuite, we are able to effectively manage both day-to-day operations and the planning of project resources. It's easy to pick up and use, flexible enough to work in any circumstance, and facilitates precise, real-time communication amongst team members.

Cons

After some practice, using NetSuite is straightforward. Once you're familiar with how everything in NetSuite fits together, it's a breeze to use. However, it occasionally requires technical assistance, which might disrupt your operations, just like other Oracle systems. Truth be said, I quickly become weary of the current interface's barebones simplicity.

Pros

I love the visibility and functionality. I love how it is not set in stone. While there are functions that are locked and scripts and such, they are all able to be customized without having Oracle Engineers involved. But that said, if it does involve their engineers, it will still most likely be customizable. I am able to mirror the system that my company was previously using to NetSuite. This is great to get users who have been using a system for 30 years to get into this system with ease.

Cons

The only thing I dislike, is that there are a few things that are set in stone. Those require to get the engineers involved, but even then, it is not a deal breakers.

Pros

There were no Pros that I ever found. It was NOT designed for nonprofit, but I think they just thought they could sell it to those organizations and not service them.

Cons

No help at all unless you pay for it. Even after we tried paying for help, it was difficult to get answers because NetSuite was not designed at all for Nonprofit.

Pros

NetSuite is a very easy program to use, the work flow is very intuitive and we have been able to integrate it to other systems we have already had in place. The amount and variety of training offered to us pre and post go live is beyond any platform I have used in the past. I believe there is great benefit in the focus on best practice and not customising every aspect of the software. We used the NetSuite team for our implementation and Sen and the team were excellent to deal with. They listened to our concerns and came up with solutions. By encouraging us to learn how to use the system ad how to use the learning resource available we are able to make small improvements and changes to our system with out having to engage a consultant, saving our business time and money.

Cons

NetSuite comes with a wide variety of module addons. There is not a clear map of what these are. If we were more aware of these we could have added additional modules at implementation.

Alternatives Considered

BlackLine, SYSPRO, SAP Business One and Xero

Reasons for Choosing NetSuite

Tencia was a desktop platform with limited features. It was difficult to trace transactions and have confidence in the data output.

Reasons for Switching to NetSuite

Other companies just quoted us a standard fee with out getting to know and understand out business. NetSuite Sales team first got to know our business and tailed a solution around what we did and what we wanted the product to do. We then felt the proposal they put together had true value. The sales team was very informative on the implementation process and the volume of hours that would be require by our team to facilitate a smooth go live process.

Pros

NetSuite has a plethora of pros, from its user friendly interface to it's ability to allow you to centralize all pertinent data in one hub for reference. The system has great dependencies functionality, so when looking for underlying details/support - it's very simple to track down the information you're looking for or needing. It's ability to integrate with our other software systems for the use of calculating commissions is vital to our daily business processes.

Cons

When looking to reimplement into a new NetSuite instance, or when making a complete system change to NetSuite, it can be quite a rigorous process when ensuring all necessary data is brought over to the new instance before it ceases to exist. This is a fault of many systems similar to NetSuite; however, it still begs many questions when the question of reimplementation/instance reconfiguration comes up during the fiscal year.

Pros

Easier to edit some transactions i.e. JE compared to Sage 100.
Able to run financial reports for different department vs entities.

Cons

Pages/modules change in different roles instead of staying at the same page for all but limit access for each role.
Some modules/buttons are named almost the same but doing the same function.

Pros

Cloud base solution which is easily customizable with a easy user interface.
Very established product so you find right candidates with Netsuite skills.

Cons

Overall pricing is high as compared to competition

Pros

The Calculations about the replenishment is amazing as it calculates the lead time and re ordering points.

Cons

It can be tedious to look into the database sometimes.

Pros

It allows us to view inventory stock in real time as well as manage shipments before they're fulfilled by the warehouse, thus making order changes easier to process.

Cons

It can take a long time to integrate orders from Shopify to NetSuite

Pros

Throughout my career I have worked with a lot of enterprise software platforms. The thing I like most about NetSuite is the ease of administration/maintenance and flexibility. It is an ERP, CRM, eCommerce and Business process development platform in one. Users are hard-pressed to find a business case they can’t be custom developed a NetSuite with ease well writing through future software upgrades without headaches. This is extremely rare in enterprise software platforms. NetSuite is a future-proof platform for your business, you can’t outgrow it, you won’t have to worry about upgrades ever again, not to mention you will only have one system to run your entire business. You can’t find that any where else!

Cons

The user interface has been somewhat outdated, but this is common in enterprise software and NetSuite is making huge strides to improve the GUI. Also the ability to slice and dice data on dashboards is a welcome feature coming in the next few releases.

Alternatives Considered

Dynamics 365

Reasons for Choosing NetSuite

Everything in one system + eCommerce

Switched From

Epicor for Distribution

Reasons for Switching to NetSuite

The roadmap and enhanced distribution flexibility plus eCommerce

Pros

The ese of the dashboard arrangement and the easy and structured flow of information. Also have key information's related to my official e mail by Net Suite. Before use of Net suite we use to doo all supply chain coordination's and stock management, delivery issuing, order tacking by semi Manuel and had too much paper work on a daily basis. Once net suite was implemented during transition period and now the process is at very much ease, also currently day to day work is easy and information's for conclusions are at finger tips.

As a final word, our total supply chain and finance processing, including and warranty information's back tracking has become a very easy and structured process of ease.

Cons

I really cannot think of any cons, because our implementations team could always customize the s/w as our needs, so its a very smooth operation

Pros

- The software allows for some visual customization of the home page based on each role that is easy to do without the help of a programmer. For example, customize the views for each roles, set up alerts, etc.
- The search bar within the software works extremely well, which makes it easier to navigate;
- The use of the software is intuitive and easy to follow/ learn;
- The SuiteAnswers articles are very helpful in answering questions/ showing how to do anything one may need in the system.

Cons

Before selecting this software, I read several reviews saying the biggest issue was the how difficult it was to customize the software. Here are some actual examples:

1. If you want a new field (which they call segment) to be tracked for reporting purposes, you need to create a costume segment, which wont be part of the basic product the sales team sells to you. Also, just found out that it can not created as a mandatory field.

2. All NetSuite modules are standard/ out of the box. Even though we emphasized that Procure to Pay was the absolutely most important module to us, the sales team pushed the basic procure to pay module, which did not include Blanket POs or 3-way match. The thing is the sales team pushes the basic solutions to close the sale, but then later you are stuck having to process change orders, which although are not very expensive, each take about 2 weeks to process, delaying the project.

3. After delaying our project to include 3-way match and blanket POs (2-week delay), the implementation issues begun. It turns out that the 3-way match that they sold to us does NOT work. What the system was able to do is a 2-way match. Also, the system does not allow for an approval flow for releases of blanked POs. Lastly, the costume segment can not be a mandatory field as it doesn't work on blanket PO releases.

In Summary - The sales team will push their most simple out of the box version, upgrades result in delays.

Alternatives Considered

Dynamics 365

Reasons for Choosing NetSuite

To support growth of the Company.

Switched From

QuickBooks Desktop Pro

Reasons for Switching to NetSuite

- Price - Timing to complete implementation - visual layout of software

Pros

The Revenue Management feature is amazing, a bit tricky to understand but once you get the hang of it it saves a ton of time.Multi-subsidiary and multi-currency work extremely well. We have 8 different subsidiaries in 3 currencies and it's made our lives so much easier to have them all in one place, with automatic currency conversion and automated end-of-month eliminations.Having automations like monthly postings to our GL, amortization calculations for our numerous IT purchases and monthly subscriptions, and the great reconciliation tool has saved us a ton of time during month's end.Integration with Salesforce was a breeze with an out-of-the-box connector.Support is generally very knowledgeable, problems are quickly fixed and answers quickly answered. There is a great Help tool (SuiteAnswers) where we find an answer to most of our problems, as well as a very active Enhancements Requests database.

Cons

Some features lack flexibility, like revenue recognition posting, but there are workarounds.User adoption can be slow because the system is very different from most mainstream systems, with it being so automated.Sales taxes management for Canada isn't totally adapted since they replicated American functionalities with Canadian codes, but there are also workarounds to this.

Alternatives Considered

Sage Intacct

Reasons for Choosing NetSuite

We used to keep our accounting in four different software, with subsidiary eliminations being done totally manually. It wasn't scalable anymore and we needed a tool that would allow for more automation and less data entry as well as easier reconciliations between subsidiaries and currencies.

Switched From

Sage 50cloud Accounting, QuickBooks Desktop Enterprise, Quickbooks Online and Microsoft Excel

Pros

SuiteCommerce offers all the features you need for a successful eCommerce implementation.

Cons

The price to purchase and implement, and the cost for 3rd party developers can add up very quickly. A proper assessment of ROI is needed to see if other options may be more viable.

Alternatives Considered

Shopify Plus

Reasons for Choosing NetSuite

We were kind of forced to make the switch to NetSuite SuiteCommerce for our US division as it was selected by the person over-seeing those operations. We probably would not have selected this platform for where we were in our eCommerce presence.

Switched From

AspDotNetStorefront

Reasons for Switching to NetSuite

We had little option but to agree to implement SuiteCommerce for the division it was to be used for.

Pros

I would assume it would be good if it worked. AS is the only functionality we have are additional integrations. Ones that cost 9K.

Cons

Customer service is pretty awful. Jobs simply were not done. It was similar to playing the game telephone. While our rep is sympathetic they have little or no power to do anything.

Alternatives Considered

Dynamics 365

Reasons for Choosing NetSuite

We felt it was necessary for growth of the company

Switched From

QuickBooks Online Advanced

Reasons for Switching to NetSuite

Previous experience

Pros

The reporting functionalities and general business flow of transaction processing is good

Cons

Sales Team Made Promises they can't deliver! During our initial review of the ERP systems, we went over all of our business processes with the NetSuite Sales Team and even provided process flowcharts and showed them what our system does. They were confident NetSuite could do all of that and more for us. However, when we went to implement, they fell short on SO MANY accounts. Basic things, like copy/pasting information info estimate forms and having them print with images are NOT possible with native functionalities.AVOID SuiteSuccess for implementation!! They are a cookie cutter implementation team and will not assist outside the most basic scope no matter what the sales team tells you. They basically just turn it on for you. Any specific things you may need for your business are considered customizations and you will be charged more for them. They had some very inexperienced staff assigned to our account that did things like missed MAJOR configuartion settings (making depts and locations required and fulfillments across periods), named native GL accounts differently so you wouldn't know why things were auto posting to the wrong account, did not review all print forms or assist in set-up, did not explain the GL impacts of different item types or how projects worked. They also did not assist with go-live data import AT ALL. You would be so much better off using a consultant. AVOID SUITESUCCESS.Software also has various quirky limitations. Do your research on reddit.

Alternatives Considered

Sage 300cloud and Acumatica Cloud ERP

Reasons for Choosing NetSuite

Looking to integrated our CPQ and service dispatch with accounting records.

Switched From

Microsoft SharePoint

Reasons for Switching to NetSuite

Seemed like the best out of the box solution which was not the case. Still required INTENSE customization.

Pros

We have investments in various business arenas (Hospitality, Restaurant, Aviation, Real Estate, Ranches, Home office) and some are intercompany, others are not, but require combined statements. NetSuite allows us to set up the subsidiaries with the proper rollups and consolidation/eliminations, while providing the drilldown process to reconcile any differences, if needed. Moving to NetSuite enabled us to enhance the previous business processes and create process efficiencies/ financial transparencies.

Cons

Integration with the previous business processes was difficult, not due to NetSuite, but the lack of standardization/harmonization of data management, Chart of accounts. i have a short list of issues that have been brought to my attention from the users, but these result from the fact we look at 130 plus subsidiaries in one report and the first column with the GL account reference does not freeze, like in an Excel worksheet (solution = download data into a worksheet).

Alternatives Considered

Sage Intacct and SAP Business One

Reasons for Choosing NetSuite

needed to have a system that would allow a full consolidation/elimination financial and the process to do this with Quickbooks was an excel worksheet with 130 plus financials, not very efficient.

Switched From

QuickBooks Desktop Enterprise

Reasons for Switching to NetSuite

Cost and capabilities of NetSuite

Pros

The saved searches have helped our team see all the information that is needed without having to open multiple records at once. This has improved our inter-departmental communication by giving access to the needing information based on team/role.

Cons

NetSuite can be a great solution depending on your business. If you need a significant amount of customization you may run into some limitations. Too many customizations makes it difficult to manage system updates.

Pros

I really like the analysis in real time, it is an ideal software to find efficient solutions to any problem that has been presented to us, it has good visibility of our business, I like it because it is a very adaptable software, the power of automation that it offers is very efficient, navigation is simple, it allows us to be scalable.

Cons

NetSuite is a bit of an expensive product, which can be a handicap, but we see the benefits over the value of the product, and feel that it is a great piece of software to achieve more noticeable results than similar software.

Pros

NetSuite is scalable. I've used NetSuite at a company that was doing $200M+ in revenue and a company that is at $60M in revenue. I also really enjoy that NetSuite can be almost completely customized to your industry and business. NetSuite provides for a lot of automation of processes that Quickbooks cannot handle. It is also a better source of record-keeping as everything is somewhat seamlessly connected.

The batch upload of journal entries/transactions and upload in general is extremely useful and saves so much time.

My previous company used the Fixed Asset Module which was great for record keeping and for systematically recording amortization on a monthly basis. This was also extremely useful to ensure that our policy was uploaded as the amortization rule set, reducing errors in the amount of amortization per asset. The ability to report on the total assets and have their history in one spot proved useful for our audit.

Currently, we are implementing rules for 606 and the multi-book and ARM add-ons have proven very useful for our reporting purposes. I really enjoy NetSuite's use of rules for transactions as they can vary from company to company and item sku to item sku.

I love the saved search function too! So much flexibility for creating reports helps us create reports for month-end reconciliation purposes.

Cons

SuiteAnswers has a terrible algorithm for their search bar. The system is also not as intuitive as others since the actual home screen itself is customized by role. We have also run into the need for an consultant/more technical administrator to provide working scripts for some of our reporting. People with NetSuite should not expect the system to do everything perfectly, sadly the call center is far less helpful than the US-based consultants at NetSuite. However, you can always escalate to your sales rep.

Our solution is hosted and at times runs slower than I would prefer. I wonder if there is a way to increase the speed at which we can click through multiple cells or post a large amount of journal entries.

Pros

I like how customizable NetSuite is. It's not great at any one thing, but really good a bunch of stuff. Whatever you need to tailor to your needs is possible.

Cons

The timeline for implementation. Supposedly they've improved on getting new customers live in a quicker fashion, but for my organization it took over 2 years.

Alternatives Considered

STORIS and ReliaSale

Reasons for Choosing NetSuite

outdated, not scalable, not customizable.

Switched From

Tylernet

Reasons for Switching to NetSuite

pricing, customization, and future-proof.

Pros

The product is good, no problem with that. They lied to get us to integrate and it cost us thousands upon thousands of dollars and tons of time.

Pros

Single database for ERP and ecommerce sites

Cons

The netsuite development team is from expensive. It is not the hourly rate but because they are outsourced to Uruguay and communication is difficult. It takes hours to understand basic concepts.

Pros

Netsuite ARP and CRM are excellent!
Pick, Pack and Ship -Excellent
Inventory Management -Excellent
Customer Support in these areas are great.

Cons

Suite Commerce Advance is horribly expensive.

The platform is patched together with a clunky and complicated integration to netsuites backend.
The SEO is horrible,
Site speeds are much slower than promised, Slower than other platforms that are this expensive.
Simple processes like installing tracking and conversion codes is complicated.
Exporting information for product feeds is requires custom programming.
Content Management is very complicated.
Managing Matrix items with parent and child relationships is tricky with out dumping duplicate content all over the site.

Overall for 13 user licenses you can expect spend about 50K a year. If you want ecommerce it is more expensive. Add at least 70k to get site developed and then be prepared to continue to flush money down the train to get it functional and to pay heavily for desperately needed upgrades every 6 months.