We performed a comparison between IQMS Enterprise IQ and NetSuite ERP based on real PeerSpot user reviews.
Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP."This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."
"I am impressed with the product's ease of use. It also helps us reduce the techstack."
"We can install the bundles based on our needs."
"The initial setup is easy."
"I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"It offers reporting flexibilities that were previously unavailable to us."
"As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP. For example, you can put banners on your test and production environments to differentiate or segregate the logins to prevent mistakes. The solution is pretty easy to use and navigate, and it's more of a lightweight software. I like that it's a cloud product, so work is done on the front end rather than the back end. There's also a community for NetSuite ERP where you can raise your queries and issues. You'll find other people sharing experiences about common issues so you can get quick fixes from the community."
"Every year, they release a new version."
"NetSuite ERP has dramatically improved our organization. We went from QuickBooks to NetSuite. You can compare this transition to changing from tennis shoes to a flying car."
"Setup is very complex."
"In NetSuite ERP, they should focus on offering better customization options."
"An area for improvement in NetSuite ERP is its accounting functionality because it has certain limitations. You can't maintain sub-ledgers or post accrued expenses in sub-ledger forms, so you'll need to post in journals. The pricing is another area that can be improved in NetSuite ERP because the pricing was lower when it wasn't part of Oracle, but after Oracle acquired Netsuite and NetSuite ERP was offered as a cloud service, the price went up."
"NetSuite is good for data management, but it's missing payroll features."
"Improvement-wise, it should be more customizable. Currently, you can't enhance the product yourself in terms of development for any applications unless you've got a very strong and big development team. Those are the skills that are in very short supply."
"The solution could be more stable."
"The areas that this product needs to improve on is the implementation and inventory processes."
"What needs to be improved is the development in the other areas and other businesses that can use NetSuite."
"It would be great if they offered localization for Central America."
IQMS Enterprise IQ is ranked 22nd in ERP with 1 review while NetSuite ERP is ranked 1st in Cloud ERP with 32 reviews. IQMS Enterprise IQ is rated 8.0, while NetSuite ERP is rated 7.8. The top reviewer of IQMS Enterprise IQ writes "Allows customization for production and has good sales, distribution, and quality management features". On the other hand, the top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". IQMS Enterprise IQ is most compared with SAP ERP, Oracle E-Business Suite, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and Epicor ERP, whereas NetSuite ERP is most compared with Oracle Fusion Cloud ERP, NetSuite OneWorld, SAP S/4HANA, Oracle E-Business Suite and Anaplan.
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