NetSuite

NetSuite Cloud Accounting Software

7.5 /10

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.

83 Likeliness to Recommend

1
Since last award

93 Plan to Renew

2
Since last award

82 Satisfaction of Cost Relative to Value

1
Since last award

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Emotional Footprint Overview

+73 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?

7% Negative

15% Neutral

78% Positive

Pros

Reliable
Respectful
Enables Productivity
Acts with Integrity

Cons

Under Delivered

Feature Ratings

Average 75

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Expense Management

Accounts Receivable Invoicing

Project Accounting

Budgeting Forecasting

Integration APIs

Cost Revenue Tracking

Reconciliation

Dashboards, Analytics and Reporting

Cash Flow Management

Vendor Capability Ratings

Average 73

Business Value Created

Breadth of Features

Quality of Features

Ease of IT Administration

Ease of Data Integration

Ease of Customization

Availability and Quality of Training

Usability and Intuitiveness

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation

NetSuite Cloud Accounting Software Reviews

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

Tawny M.

Role: Operations
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted May 2021

Sophisticated cloud-based Accounting software.

Likeliness to Recommend

8 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

NetSuite Accounting has integrated ERP capabilities and integrated with our company API without challenges.

What is your favorite aspect of this product?

The Sales twam, which I communicate with when renewing this program are knowledgeable abd always available. NetSuite Accounting has robust AP and AR features.

What do you dislike most about this product?

The cost even though is negotiable, tends to be expensive compared to other online accounting programs, but the cost at the end of the day is worth the results.

What recommendations would you give to someone considering this product?

Contact the sales team to negotiate the price before buying NetSuite Accounting.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

NetSuite Cloud Accounting Software

What is NetSuite Cloud Accounting Software?

Company Details

Need Assistance?

Awards & Recognition

NetSuite Cloud Accounting Software Ratings

83 Likeliness to Recommend

1 Since last award

93 Plan to Renew

2 Since last award

82 Satisfaction of Cost Relative to Value

1 Since last award

Emotional Footprint Overview

+73 Net Emotional Footprint

How much do users love NetSuite Cloud Accounting Software?

Pros

Cons

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.

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

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

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

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

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

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

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

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

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.

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.

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

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

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.

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.

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

Makes finance super easy!

Likeliness to Recommend

Pros

Cons

Jamie T.

Highly scalable platform

Likeliness to Recommend

Pros

Tawny M.

Sophisticated cloud-based Accounting software.

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

1
Since last award

2
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1
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Feature Ratings

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Expense Management

Accounts Receivable Invoicing

Project Accounting

Budgeting Forecasting

Integration APIs

Cost Revenue Tracking

Reconciliation

Dashboards, Analytics and Reporting

Cash Flow Management

Vendor Capability Ratings

Business Value Created

Breadth of Features

Quality of Features

Ease of IT Administration

Ease of Data Integration

Ease of Customization

Availability and Quality of Training

Usability and Intuitiveness

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation