What is Oracle NetSuite ERP?

NetSuite ERP delivers the proven, comprehensive financial management capabilities required to grow a changing, complex business. NetSuite ERP takes your business beyond traditional accounting software by streamlining operations across your entire organization and providing you with the real-time visibility you need to make better, faster decisions.

Company Details


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Awards & Recognition

Oracle NetSuite ERP won the following awards in the Core Financial Management category

Oracle NetSuite ERP Ratings

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

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.

83 Likeliness to Recommend

96 Plan to Renew

81 Satisfaction of Cost Relative to Value


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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.

+86 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 Oracle NetSuite ERP?

0% Negative
9% Neutral
91% Positive

Pros

  • Reliable
  • Acts with Integrity
  • Continually Improving Product
  • Effective Service

Feature Ratings

Average 82

Order Management

90

Accounts Payable Purchase Orders

88

General Ledger Chart of Accounts

85

Accounts Receivable Invoicing

84

Financial Reporting and Consolidation

84

Reporting and Analytics

84

Financial Analytics

82

Fixed Assets

81

Integration APIs

79

Tax Management

79

Cash Management

78

Vendor Capability Ratings

Average 80

Business Value Created

85

Vendor Support

84

Ease of Data Integration

82

Ease of IT Administration

82

Quality of Features

81

Breadth of Features

81

Product Strategy and Rate of Improvement

79

Ease of Implementation

79

Ease of Customization

79

Availability and Quality of Training

78

Usability and Intuitiveness

74

Oracle NetSuite ERP Reviews

Maurice G.

  • Role: Sales Marketing
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jan 2023

Better Coe Financial Management With Oracle NetSui

Likeliness to Recommend

9 /10

What differentiates Oracle NetSuite ERP from other similar products?

This software is affordable and very capable - in fact it is multipurpose because it also makes discrete manufacturing easy

What is your favorite aspect of this product?

I like the many financial management features and capabilities It offers some of the best ERP features

What do you dislike most about this product?

Requires lots of financial knowledge and accounting skills to use it

What recommendations would you give to someone considering this product?

I would recommend Oracle NetSuite ERP for most business financials and more so financial management because it has great features and has worked for us.

Pros

  • Continually Improving Product
  • Trustworthy
  • Efficient Service
  • Inspires Innovation

Suhani P.

  • Role: Finance
  • Industry: Finance
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jan 2023

Simple and effective ERP tool

Likeliness to Recommend

8 /10

What differentiates Oracle NetSuite ERP from other similar products?

Being a cloud-hosted system makes maintenance and support much easier. It allows for a lot of customization for our needs, so it can grow with you as your business scales. You can modify it as much as you want to adapt it to the particular needs of your company. You can write javascript inside it to fully automate so many business processes and apply business logic. If the company did not have internal IT support, NetSuite has that coverage as well. If the company would also like to have a NetSuite expert on their payroll, NetSuite does not hide their source code and can teach their administrators how to use and create procedures for the indi

What is your favorite aspect of this product?

I like that you can customize the general ledger processes to suit a variety of operational and financial requirements. I love that the user experience is very consistent and intuitive, making NetSuite training quick and easy. I like that you can add different modules/components as your business needs them. I like that we have also developed many customizations, automations and even new modules that integrate with the native processes. I like that it has modules that work together to manage everything from sales quotes to billing to purchasing to financial reporting. I love that it can be customized for the client's trading platform.

What do you dislike most about this product?

It is very complex to handle and the configuration is a long and tedious process. But once you get past the initial learning curve, there are plenty of automations you can use to reduce your manual workload. Reporting needs to be simplified further, for example we need to create payroll reports; however, we are unable to create custom reports for state or third-party reporting. The platform may seem bland and not as modern as other ERP or CRM platforms, but it's really not a big deal.

What recommendations would you give to someone considering this product?

1) Since it cloud based, you can use it from anywhere and on any device 2) Saving on installation and maintenance cost 3) User Interface is nice, you can customized your Dashboard. Streamlined our billing process and made things a lot easier across all our various vendors. Customization was always a plus. It would cost extra but it seemed like there was always a custom solution available. Take the time to understand the product and become well versed in how it works. It will make things easier for yourself down the road. Netsuite is a complex system that requires a lot of training to become proficient. Improve compliance & risk management.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Martin D.

  • Role: Industry Specific Role
  • Industry: Consulting
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jan 2023

Inexpensive and smart software

Likeliness to Recommend

10 /10

What differentiates Oracle NetSuite ERP from other similar products?

The capabilities provided by NetSuite for combining and reporting on several entities throughout numerous nations are quite extensive, very simple to use, and logical. The One world approach has a similar appearance to the NetSuite base model, which allows it much simpler to navigate around the sites than having to become used to a totally new system.

What is your favorite aspect of this product?

I appreciate the monitoring system's strength and how simple it is to incorporate finances. Another essential aspect for my use is the ability to follow inventories in real time. I appreciate using the text function to contact consumers because it compiles all the customer data into a somewhat user-friendly area. Without leaving the sales order screen or switching to another program, the customer can be contacted through text message with the click of a button.

What do you dislike most about this product?

I didn't like that NetSuite doesn't allow for drafts, has few options for report views, and doesn't allow for batch approval of sales orders and invoices, among other things. Additionally, you are unable to amend the invoices; a credit memo is your only option.

What recommendations would you give to someone considering this product?

Daily activities, reporting, client service, impromptu research in the middle of a conference, and anything else you can think of become automatic when you have secure, dependable, and greater accessibility to any business information, transactions, etc. that you may require in real-time. All of which may be managed through roles, dashboards, reporting, editing, and functionality that are customizable and are built on a clear permissions framework.

Pros

  • Reliable
  • Performance Enhancing
  • Enables Productivity
  • Trustworthy