This content is currently locked.

Your current McLean & Company subscription does not include access to this content. Contact your account representative to gain access to Premium SoftwareReviews.

Contact Your Representative

Or Call Us:
+1-877-281-0480 (US/CAN) or
+1-703-544-9513 (International)

NetSuite

NetSuite Cloud Accounting Software

Composite Score

8.3 /10

CX Score

8.5 /10

72 Reviews Write a Review

What is NetSuite Cloud Accounting Software?

With NetSuite cloud accounting software transform your general ledger, optimize AR, automate AP and streamline tax management. Get a complete view of cash flow and financial performance.

Company Details

Need Assistance?

We're here to help you with understanding our reports and the data inside to help you make decisions.

Get Assistance

NetSuite Cloud Accounting Software Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on NetSuite Cloud Accounting Software.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

86 Likeliness to Recommend

2
Since last award

95 Plan to Renew

2
Since last award

84 Satisfaction of Cost Relative to Value

{y}

{name}

Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+84 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love NetSuite Cloud Accounting Software?

3% Negative

11% Neutral

86% Positive

Pros

Enables Productivity
Respectful
Reliable
Acts with Integrity

Feature Ratings

Average 82

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Dashboards, Analytics and Reporting

Budgeting Forecasting

Cash Flow Management

Integration APIs

Reconciliation

Vendor Capability Ratings

Average 79

Business Value Created

Quality of Features

Ease of Customization

Breadth of Features

Ease of Data Integration

Ease of IT Administration

Usability and Intuitiveness

Availability and Quality of Training

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation

NetSuite Cloud Accounting Software Reviews

Cody M.

Role: Finance
Industry: Entertainment
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2021

NetSuite is the ERP Leader for Customization

Likeliness to Recommend

9 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

NetSuite is an extremely flexible ERP that excels above competitor software due to its ease of API integrations, and endless customization options. While the customization may not always be simple to implement, NetSuite can be shaped and molded to nearly any unique business needs - especially those who are scaling significantly.

What is your favorite aspect of this product?

If you don't like the way something works in your ERP, NetSuite can be customized and reshaped to fit the desires. From ease of user/role maintenance to custom reporting & data feeds between systems, NetSuite is a winner. I have used a wide suite of ERPs over the years, but I have found Netsuite to be the one that best fits the widest variety of functions.

What do you dislike most about this product?

NetSuite is not the easiest platform to learn, and many of the "under the hood" functions & customization take training to understand. It may not be the most intuitive platform initially, but once one can "speak the NetSuite language", so to speak, it becomes second nature. I have personally witnessed several companies implement NetSuite incorrectly or sub-optimally due to not taking enough time to learn or rushing the implementation. These decisions are key to future success without having to rework the setup.

What recommendations would you give to someone considering this product?

If your accounting, finance, and business orgs are scaling up and need solutions that are a bit more custom or targeted, NetSuite may be a good choice. For business who can function perfectly with an "out-of-the-box" tools such as Quickbooks, it may not provide the value. For companies looking to integrate their other platforms (Salesforce, Payroll, JIRA, Tableau, etc.) with their ERP, NetSuite excels in this regard. The API functionality is quite robust, and many pre-built connecters are available to essentially plug and play.

Pros

Continually Improving Product
Reliable
Performance Enhancing
Enables Productivity

Role: Operations
Industry: Biotechnology
Involvement: IT Leader or Manager

Validated Review

Anonymous Reviewer

Submitted Oct 2021

Makes finance super easy!

Likeliness to Recommend

9 /10

Pros

Efficient Service
Respectful
Trustworthy
Effective Service

Cons

Wastes Time

Jamie T.

Role: Finance
Industry: Healthcare
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Jun 2021

Highly scalable platform

Likeliness to Recommend

9 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Executing account roll-ups in real-time and consolidating financial information from different geographical regions. One click approval of large quantities of sales at the same time.

What is your favorite aspect of this product?

The payment management module that control payments and the ability to accept electronic payments and several types of credit and debit cards

What do you dislike most about this product?

A steep learning curve is associated with this tool because of its technicality

What recommendations would you give to someone considering this product?

This tool automates front and back-end processes of an organization providing every individual a complete view of key reports and performance indicators for their role. It provides accurate data related to company's financial performance that is used to make data-driven decisions

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

How We Deliver

NetSuite Cloud Accounting Software

What is NetSuite Cloud Accounting Software?

Company Details

Need Assistance?

Awards & Recognition

NetSuite Cloud Accounting Software Ratings

86 Likeliness to Recommend

2 Since last award

95 Plan to Renew

2 Since last award

84 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+84 Net Emotional Footprint

How much do users love NetSuite Cloud Accounting Software?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Integration APIs Ability of the software to interface with legacy and other third party applications.

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

NetSuite Cloud Accounting Software Reviews

Cody M.

NetSuite is the ERP Leader for Customization

Likeliness to Recommend

Pros

Makes finance super easy!

Likeliness to Recommend

Pros

Cons

Jamie T.

Highly scalable platform

Likeliness to Recommend

Pros

Most Popular NetSuite Cloud Accounting Software Comparisons

Oracle PeopleSoft ERP

Sage Intacct

Quickbooks Enterprise

Workday Enterprise Management Cloud

Odoo

Oracle E-Business Suite

Title

2
Since last award

2
Since last award

Feature Ratings

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Dashboards, Analytics and Reporting

Budgeting Forecasting

Cash Flow Management

Integration APIs

Reconciliation

Vendor Capability Ratings

Business Value Created

Quality of Features

Ease of Customization

Breadth of Features

Ease of Data Integration

Ease of IT Administration

Usability and Intuitiveness

Availability and Quality of Training

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation