NetSuite Software

Free in person training at Suiteworld would be great

Pros

Easy to use for basic functions without a lot of training. Customization is easy in some areas when needed. User interface is simple. Search bar at the top works GREAT.

Cons

Advanced issues are expensive to implement and continuous training to develop your skills is difficult. Updating simple things like the password to integrated shipping accounts requires an administrator.

Netsuite is a great product which I think is only going to get better over time. Overall I have found Netsuite to be an essential product to keep us informed about business data and focused on future growth.

Pros

Data is easily obtainable and customizable

Cons

Some things are too difficult to do without knowing any coding skills.

Despite the Cons stated above, Netsuite is a software that constantly being improved to resolve such issues. So I'm sure these limitations will be handled by the Netsuite Development team in the near future.

Pros

I really like the ease of use features and administration as aspects of net suite. It give the global visibility and local visibility of your business at a click of a button. It's easy to customize to most of your requirements without too much coding for development.

Cons

The Account receivable features for posting over payments, under payments and income without an invoice is done though manual journal entries and takes many steps compare to Sage. Also it doesn't allow you to consolidate invoice Netsuite Transactions. This means if you want to create a single invoice for more than 1 sales orders, you can't do that at present. When it comes to coding, you can't process more than 200 transactions to automatically using suite scripts, etc.

better implementation support and education (training)

Pros

inter company transactions has made easy of sweeps and managing the inter company balances. This has been time saver

Cons

reporting and dashboard- the biggest challenge currently in net suite is reporting capabilities and dashboard features

Pros

Strong stable base for back office functions with reports and auditable history. Good reporting functionality.

Cons

Product Support and professional services can be expensive and in some ocasions poor. You can sometimes spend atime hunting through help documentaton andd get better advice.

Pros

Relational database allows deep diving to create reports and saved searches. If Netsuite was called NutSuite the saved search is the "Nut Cracker". Module approach allows greater flexibility and functionality.

Cons

Multi join searches not available. Lack of better support for life sciences vertical. Price increase after Oracle take over.

Pros

- Easy to create fields and set up master data records
- easy to build new forms as per the needs
- saved search works well within respective modules i.e., manufacturing, inv mgmt or finance

Cons

-inventory mgmt module is incomplete and it's more frustrating to use for day to day use
- manufacturing wip doesn't work with serialized parts which also impacts finance g/l accounting

N/A

Pros

Pros would be accessibility. Also NetSuite is very user friendly and can help companies grow and expand.

Cons

Cons would be functions that are still being developed. There are some limitations that exist and NetSuite an

There doesn't seem to be as much emphasis on large "enterprise" customers on NS as there is on small retail start ups.

Pros

Global search, it is very easy to pull up a check, invoice or journal entry. Especially for non finance departments.

Cons

Performance, intercompany functionality, uploads and GL matching. We have extensive work arounds in place. Also the AP void, cancel process does not meet basic needs. Can't cancel an invoice and/or a credit memo from a prior period and have the GL impact of the cancel hit the GL on the day it happens. It zeros out the original invoice which does not work well for large companies reconciling their accounts on a daily balance. Audit trails are lacking in this area too.

Pros

I love the automated nature of the ARM module and it has greatly improved the productivity of the revenue accounting team.

Cons

Too many e-fixes that change the underlying fundamental nature of the system without appropriate system update notes.

Pros

Easy to use, basic features available for all users, OneWorld is suitable for multi/global subsidiaries

Cons

More functionalities around batch allocations and FX rates conversions across parent/child subsidiaries

We love it. Its been a wild success. User engagement is high. The data transparency it provides drives better business decisions.

Pros

Centralization of Data and Resources
Ability to scale as business grows
Customization and Automation ease

Cons

Report and dashboard building could be more intuitive for the common user.
Viewing of data is often cumbersome - some users have trouble viewing large searches, for example no ability freeze columns

I think Netsuite is the leading ERP in the market!

Pros

Easy to use and has more capability than we would ever need. Nice to never have to change software again.

Cons

Cost per user starts to add up, the more you have. Somewhat confusing when trying to train employees because so much to look at on the screen.

Pros

The integration with excel and the ease of grabbing the financial detail from the income statement and balance sheet

Cons

I would like to be able to sort by the fields in journals etc , I would also like the reporting for VAT in the UK to be a little more detailed

I love everything we have right now

Pros

Integration and customization very fast in order to produce results in short time in all areas of my company

Cons

Spencer support and not easy founded experience person Spanish speak and very limited in latinoamerica.

Pros

Cloud based, user friendly, easy to customize. Users can set preferences to make it useful for them.

Cons

Subsidiaries - doesn't fit the way we do business but we crammed it in. We do business at subsidiary level but pay at corporate level. Inter-company has been a pain for us.

Pros

It's user friendly. I've only been using NetSuite for 10 months but already feel that I have a good handle on it.

Cons

Some things don't work the way that you think they should. For example, taking a percentage of the charge to invoice for 12 months doesn't come out to equal monthly amounts so the customer gets confused.

Pros

Ease of use
cloud based
workflows for beginners
advanced templates
custom forms
ease of customizations

Cons

to much shared information throughout subsidiaries
missing some common sense fields on transaction records

Pros

NetSuite is so flexible.
It can be customized using different ways like workflows, scripting, forms, fields, layouts.

Cons

There are a lot of supposed basic functionality that is not available in NetSuite. We have to build and pay for customization because NetSuite does not have the basic functionality.
Some controls in terms of permission is very loose. We have to make sure that all customization measures are checked to make sure that any settings we have built did not break these permissions. This is very hard to monitor as well for access reviews.

Pros

Netsuite is flexible and customizable if you are a good developer, and you will need at least some customization because Netsuite is missing a lot of key features.

Cons

Hidden cost of Netsuite. Price continue to skyrocket. It's insane how badly they want to rip you off. Netsuite created a very good support ticketing system, but their 1st level support staff isn't very knowledgeable. You ask them a question, and they will go to SuiteAnswer and look it up. pretty much that's what they do. They don't really hold any real knowledge themselves. They just lookup answers for you.