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NetSuite

NetSuite Cloud Accounting Software

Composite Score

7.7 /10

CX Score

7.9 /10

53 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

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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.

84 Likeliness to Recommend

1
Since last award

94 Plan to Renew

1
Since last award

84 Satisfaction of Cost Relative to Value

2
Since last award

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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.

+77 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?

6% Negative

12% Neutral

82% Positive

Pros

Reliable
Enables Productivity
Respectful
Security Protects

Feature Ratings

Average 77

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Expense Management

Project Accounting

Accounts Receivable Invoicing

Budgeting Forecasting

Cost Revenue Tracking

Integration APIs

Cash Flow Management

Dashboards, Analytics and Reporting

Reconciliation

Vendor Capability Ratings

Average 75

Business Value Created

Quality of Features

Breadth of Features

Ease of Data Integration

Ease of IT Administration

Usability and Intuitiveness

Ease of Customization

Availability and Quality of Training

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation

NetSuite Cloud Accounting Software Reviews

Nikita S.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2024

Best Financial Management Tool

Likeliness to Recommend

9 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Netsuite has a capability to automate the daily tasks like invoice generation, reconciliation, payment reminders etcetera which makes it standout. Moreover, it has a integration capabilities with many tools.

What is your favorite aspect of this product?

My favourite aspect of using netsuite is that it offers financial tools like ledgers, accounts payable, accounts receivable etcetera which makes in on stop for all accounting needs.

What do you dislike most about this product?

I find the user interface and its features complex and overwhelming for the new users.

What recommendations would you give to someone considering this product?

I highly recommend this tool.

Pros

Continually Improving Product
Performance Enhancing
Enables Productivity
Efficient Service

Aviral G.

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

Validated Review

Verified Reviewer

Submitted Jul 2024

Easy to use.।। Require minimal training

Likeliness to Recommend

9 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Simple to use.... User access and INFORMATION access can be controlled

What is your favorite aspect of this product?

Simple to use

What do you dislike most about this product?

Frequent maintenance and downs

What recommendations would you give to someone considering this product?

Go for it but require good IT support.

Pros

Continually Improving Product
Reliable
Performance Enhancing
Unique Features

Patricio O.

Role: Human Resources
Industry: Media
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted May 2024

One of the easiest ERP systems to manage

Likeliness to Recommend

8 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

With its extensive portfolio of modules and functionalities, NetSuite ERP provides a more robust and feature-rich solution compared to other options. These include functions such as electronic bank payments, demand planning, work orders, financial management, inventory management and customer relationship management.

What is your favorite aspect of this product?

I have worked with numerous ERP systems throughout my career and NetSuite ERP is by far the simplest and easiest to use. Without being too complex, it offers all the power and capacity.

What do you dislike most about this product?

Using direct integrations instead of EDI or iPaaS provided by third parties. Make it easy to customize reports. Make available CSV import templates with all necessary fields pre-populated.

What recommendations would you give to someone considering this product?

We plan to add more modules to NetSuite in the future, but at the moment we only use it for finance. We will soon be integrating NSPB, WMS, the req/po process and more. We will soon implement edi in addition to Boomi, our solution for iPad. Tipalti is integrated and used by us for application automation.

Pros

Continually Improving Product
Reliable
Saves Time
Security Protects

How We Deliver

NetSuite Cloud Accounting Software

What is NetSuite Cloud Accounting Software?

Company Details

Need Assistance?

Awards & Recognition

NetSuite Cloud Accounting Software Ratings

84 Likeliness to Recommend

1 Since last award

94 Plan to Renew

1 Since last award

84 Satisfaction of Cost Relative to Value

2 Since last award

Emotional Footprint Overview

+77 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

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

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

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

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

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

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

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

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

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

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

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.

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.

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.

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

Nikita S.

Best Financial Management Tool

Likeliness to Recommend

Pros

Aviral G.

Easy to use.।। Require minimal training

Likeliness to Recommend

Pros

Patricio O.

One of the easiest ERP systems to manage

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

1
Since last award

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Since last award

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Feature Ratings

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Expense Management

Project Accounting

Accounts Receivable Invoicing

Budgeting Forecasting

Cost Revenue Tracking

Integration APIs

Cash Flow Management

Dashboards, Analytics and Reporting

Reconciliation

Vendor Capability Ratings

Business Value Created

Quality of Features

Breadth of Features

Ease of Data Integration

Ease of IT Administration

Usability and Intuitiveness

Ease of Customization

Availability and Quality of Training

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation