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.

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Awards & Recognition

Oracle NetSuite ERP won the following awards in the Enterprise Resource Planning - Midmarket category

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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.

82 Likeliness to Recommend

97 Plan to Renew

Up 1
Since last award

82 Satisfaction of Cost Relative to Value

Up 1
Since last award


Emotional Footprint Overview

+82 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?

2% Negative
10% Neutral
88% Positive

Pros

  • Reliable
  • Fair
  • Helps Innovate
  • Efficient Service

Feature Ratings

Average 80

Industry Specific Capabilities

83

Analytics and Reporting

82

Governance Risk and Compliance

82

Accounting and Financial Management

81

Supply Chain Management

81

Service Management

81

Customer Relationship Management

80

Job and Project Management

79

Procurement Management

78

Human Capital Management

78

BI and Performance Management

76

Vendor Capability Ratings

Average 80

Quality of Features

90

Ease of Customization

88

Availability and Quality of Training

87

Breadth of Features

86

Ease of IT Administration

86

Business Value Created

85

Vendor Support

83

Product Strategy and Rate of Improvement

82

Ease of Data Integration

81

Usability and Intuitiveness

77

Ease of Implementation

74

Oracle NetSuite ERP Reviews

PRIYAM V.

  • Role: Sales Marketing
  • Industry: Finance
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Aug 2023

An ERP that streamlines business processes!

Likeliness to Recommend

7 / 10

What differentiates Oracle NetSuite ERP from other similar products?

-It combines core accounting with real-time financials, allows integration with other third-party apps such as ADP Workforce Now to link employee timesheets with external leave management systems & invoicing. -Modules of NetSuite draw data from a single database, this reduces data entry & retrieval errors. -Application is able to handle large data easily, making it a decent choice for big companies. -It offers suitable customization and organizational branding on the product.

What is your favorite aspect of this product?

-Approval workflows take` several seconds even if there are just two records. -Integration errors with third party applications cause downtime. -NetSuite workflows are complicated & require formal trainings & hands-on.

What do you dislike most about this product?

Loading time & refresh rate are the worst.

What recommendations would you give to someone considering this product?

NetSuite's scalability makes it a product for the long run. Invoicing workflows make our life easier. The product has been customized for our workflows and it easily accommodates our growing business.

Pros

  • Caring
  • Helps Innovate
  • Reliable
  • Efficient Service

Cons

  • Vendor Friendly Policies
  • Less Generous
  • Under Delivered

Will R.

  • Role: Information Technology
  • Industry: Retail
  • Involvement: Business Leader or Manager
Validated Review
Verified Reviewer

Submitted Mar 2023

The only limit is your imagination.

Likeliness to Recommend

10 / 10

What differentiates Oracle NetSuite ERP from other similar products?

More customizable and dozens of integrations with other software.

What is your favorite aspect of this product?

The customization aspect.

What do you dislike most about this product?

The support is expensive.

What recommendations would you give to someone considering this product?

Make sure you do your homework! Get a financial lead on board to help with the project.

Pros

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

Dayton B.

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

Submitted Dec 2022

Streamlined Business Solutions

Likeliness to Recommend

10 / 10

What differentiates Oracle NetSuite ERP from other similar products?

The Revenue Management function is fantastic; it takes a little getting used to, but it saves a tone of time. The use of many subsidiaries and currencies is quite effective. Our lives have been greatly facilitated by having all eight of our subsidiaries—which operate in three different currencies—in one location, with automatic currency conversion and automated end-of-month eliminations.

What is your favorite aspect of this product?

Working with NetSuite has changed the way our finance department operates. As a multi-currency organization, the simplicity of automated consolidation and reporting has reduced the number of days it takes to produce reports by days. We have been able to capture and report on a variety of different reporting perspectives and give our board better information thanks to the dimensionality of reporting.

What do you dislike most about this product?

Although there are workarounds, some functionalities, like revenue recognition posting, are not flexible. Because the system is highly automated and differs greatly from the majority of conventional systems, user acceptance might be sluggish. The handling of sales taxes in Canada has not been fully adjusted.

What recommendations would you give to someone considering this product?

For a firm seeking an all-in-one business system, I would suggest using NetSuite. Since it is cloud-based, no IT staff is needed to install or maintain the software and updates occur automatically. It offers a solid ERP solution with CRM, eCommerce, and other features as well as configurability for your company's unique requirements.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Enables Productivity

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