PeerSpot user
Senior Director Contents Integration at a integrator with 201-500 employees
Real User
Role-based workflow and user interface & dashboard were the most impressive features.

What is most valuable?

Role-based workflow and user interface & dashboard were the most impressive features.

Especially for a cloud SaaS ERP system environment, from the perspective of the end user, as they may only be interested in the ERP business domain and functionality, the role-based user interface design and dashboard makes the end user feel that the system is addressing exactly the area they are concerned with. This might generate a presales advantage and end-user decision on purchasing the ERP.

Usually, role-based design provides ease of operation, because the screen is designed to be dedicated for the specific job position (role), so the location and operating procedure on the screen is designed to fit the specific role for operating efficiency.

In this sense, role-based design has more potential for improving the UI than other methods.

What needs improvement?

To exponentially increase revenue of cloud ERP SW, human intervention could be minimized, and there might be certain ways of optimizing the method of selecting & configuring apps by the end user.

It has been well addressed that especially on the area of complex business process like ERP, there still are areas which needs consulting service from experts. The area may mean assessment, system configuration and set up, etc.especially on the initial phase of implementation. 

Additionally, difficulties for end user to select proper modules from cloud ERP were addressed.

Without having some knowledge about the ERP system, it may not be easy to decide and select appropriate module through the descriptions or even with some trial experience, as what is shown may differ from expectation. 

So, I think that those are typical chasm that prohibit exponential growth of cloud ERP market, by the nature of requiring supports from experts, saying constraints of human dependency.

Role based design in NetSuite may mitigate many issues of the above by keeping the nature of end user perspectives.  

The concept of ‘Role based’ may be extended if there is a feature that allows user to adjust the location/sequence of operation on the screen or the operating procedure based on the industry and size (number of user) of the enterprise.

For how long have I used the solution?

I used it 2-3 months for benchmarking.

How was the initial setup?

There seems to be no problems with initial setup, but not sure if you are trying complex cross-functional process. There could be a concern about the cost of consulting for optimal configuration of process.

Buyer's Guide
NetSuite ERP
April 2024
Learn what your peers think about NetSuite ERP. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
769,789 professionals have used our research since 2012.

What other advice do I have?

There is no doubt that NetSuite has strong potential on technology and scalability.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user565227 - PeerSpot reviewer
it_user565227Senior Director Contents Integration at a integrator with 201-500 employees
Real User

In NetSuite 2017.1 release update with top key features, it seems to be that rich 'Rules' are implemented on overall features, e.g Accounting (ICJE related subjects, Posting GL), Order Tracking, Inventory asset control, and Dashboard, Workflow, etc., which may not only help end user decision on selecting features but also making the ERP package Cloud SaaS oriented by implementing more business Rules on the Role of operator.

Senior Consultant DatumRedsoft at Datum
Reseller
A stable ERP solution with a great user interface
Pros and Cons
  • "The most valuable feature in NetSuite ERP is the user interface."
  • "It would be great if they offered localization for Central America."

What is our primary use case?

We use NetSuite ERP to order cash, general layer issues, compliance, financial statement generation, accounts payables, account receivables, and invoicing. We don't use it for inventory or annual fiscal requirements, just general use.

What is most valuable?

The most valuable feature in NetSuite ERP is the user interface. Next, it's the corporation facility, user experience, and ease of configuration. We are impressed with this solution.

What needs improvement?

It would be great if they offered localization for Central America. It'll help us create local taxes, local fiscal requirements, and local reporting issues easily. 

For how long have I used the solution?

I have used NetSuite ERP for about two years.

What do I think about the stability of the solution?

The stability is great. It's impressive, and the response time is also great.

What do I think about the scalability of the solution?

Scalability is automatic and great. We don't have any complaints regarding the scalability and response time. 

How was the initial setup?

The initial setup was easy. 

What other advice do I have?

I would advise people interested in using NetSuite ERP to follow NetSuite's methodology. Follow it step-by-step, according to NetSuite's recommendation. 

On a scale from one to ten, I would give NetSuite ERP a ten. 

Which deployment model are you using for this solution?

Private Cloud
Disclosure: My company has a business relationship with this vendor other than being a customer: Reseller
PeerSpot user
Buyer's Guide
NetSuite ERP
April 2024
Learn what your peers think about NetSuite ERP. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
769,789 professionals have used our research since 2012.
Customer Solution Executive at a tech services company with 51-200 employees
Reseller
Highly scalable, robust, and straightforward implementation
Pros and Cons
  • "The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools."
  • "NetSuite ERP's UI could be improved. There are some features that are very complex that do not have to be. There are some aspects of the solution that could be simplified and this can include the documentation. Since it's a very complex tool, you expect to have great detailed documentation to help you implement it."

What is our primary use case?

NetSuite ERP is used for a lot of things. It has modules for accounting, distribution, and services. It's a full-fledged ERP solution.

What is most valuable?

The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools.

What needs improvement?

NetSuite ERP's UI could be improved. There are some features that are very complex that do not have to be. There are some aspects of the solution that could be simplified and this can include the documentation. Since it's a very complex tool, you expect to have great detailed documentation to help you implement it.

For how long have I used the solution?

I have used NetSuite ERP within the past 12 months.

What do I think about the scalability of the solution?

NetSuite ERP is highly scalable for companies that have six, seven, eight, different subsidiaries across different countries. NetSuite is well suited for that use case.

How was the initial setup?

NetSuite ERP is straightforward to implement, however, it can become really complex. You could decide to use it out of the box, but if you really want to make it complex, you have the ability to. Sometimes you need to think about not going overboard with everything.

What's my experience with pricing, setup cost, and licensing?

NetSuite ERP has a cost per module you want to use, and then you have the license per user.

Which other solutions did I evaluate?

If you compare the four best ERPs, they're all on the same level. They are all doing the same thing, in terms of features.

What other advice do I have?

I would advise others to make sure they understand the cost structure and that it fits their budget.

I rate NetSuite ERP a nine out of ten.

Disclosure: My company has a business relationship with this vendor other than being a customer: Implementer
PeerSpot user
Founder & CEO at a tech services company with 51-200 employees
Real User
A stable ERP solution with a useful project management feature
Pros and Cons
  • "The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner."
  • "There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for warehouse management systems and manufacturing automation via advanced manufacturing functionalities. I think they need to improve a little more on those aspects and make it easier on the scheduling aspect."

What is our primary use case?

We have different verticals of business like manufacturing plants, software consulting, and development. We use both aspects of the things in one module of NetSuite, where we manage multiple subsidies. For manufacturing, we use work orders. We will use working process modules, and we automate the entire process of a production plan in that. Then we schedule those and have those things executed for our fulfillment and invoice the end customers.

In software, we manage it via the project plans, where we have the timesheets managed. We automate the process in that whereby we can generate the invoices from the projects themselves. We have automated the milestones and the time and material billing on NetSuite.

What is most valuable?

The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner.

What needs improvement?

There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for warehouse management systems and manufacturing automation via advanced manufacturing functionalities. I think they need to improve a little more on those aspects and make it easier on the scheduling aspect. 

In the next release, I would like to see more planning functionalities for manufacturing. I think there are already a few planning functionalities coming out, but more is expected from NetSuite.

For how long have I used the solution?

I have been using NetSuite ERP for six years.

What do I think about the stability of the solution?

I would say that it is definitely stable. In today's market scenario, stability-wise, if you see from the day they got into the market in 1998, they have been only improvising on the product or the product outputs, the upgrades and everything. It has been a smoother transformation, and they have a logical system where libraries are maintained properly. 

The customer challenges are taken care of, and they can execute those things in a more automated manner. Whenever the version upgrades happen, those are seamless. We do not need to break our heads for those customization challenges and all that stuff.

What do I think about the scalability of the solution?

It is scalable. Right now, we have 15 users, but I think we are going to increase it because we were limiting it. Since we have automated the manufacturing inside NetSuite, we will probably be going up to 30 or 35 users.

How are customer service and technical support?

Since we are also channel partners, we have the technical resources and the team. We manage that. Since we also have premium support, their availability for support is quite good. At times, certain functionalities have challenges, and they say, "no, this is a change that is going to come later," or something like that. But you will have to face it as not everything can be done overnight.

How was the initial setup?

The initial setup is always very important. It is not as complicated as a few other applications, and it was easier to execute it. The complexity comes when multiple processes and multiple workflows need to be created for the automation to come in. To kickstart it quickly, it is much easier compared to other competitor products in the market.

What's my experience with pricing, setup cost, and licensing?

It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing.

What other advice do I have?

I would recommend only one thing to new users. Go for the standard implementation and do not complicate it in the first phase. Have a clear approach to executing the implementation and make sure your team is well equipped and you are ready to implement the application. It will be quick from there if it is plain vanilla finance to start with and then add manufacturing and other things. You should be able to go live in 60 to 100 working days.

On a scale from one to ten, I would give NetSuite ERP an eight.

Which deployment model are you using for this solution?

Public Cloud
Disclosure: My company has a business relationship with this vendor other than being a customer: Partner
PeerSpot user
Senior Information Technology Manager at a mining and metals company with 201-500 employees
Real User
Helpful support, easy installation, but stability could improve
Pros and Cons
  • "NetSuite ERP is good for a trading company that involves buying and selling."
  • "The solution could be more stable."

What is our primary use case?

We use NetSuite ERP as a production and application support solution.

What is most valuable?

NetSuite ERP is good for a trading company that involves buying and selling.

What needs improvement?

The solution is not good in a production company.

For how long have I used the solution?

I have been using NetSuite ERP for approximately one year.

What do I think about the stability of the solution?

The solution could be more stable.

What do I think about the scalability of the solution?

We have approximately 70 people using this solution in my organization.

How are customer service and support?

I was satisfied with the support.

How was the initial setup?

The installation is easy.

What about the implementation team?

We have a team of five which includes technicians and a manager that do the implementation and maintenance of the solution.

What's my experience with pricing, setup cost, and licensing?

There is an annual license required to use this solution.

What other advice do I have?

I would recommend this solution for a trading company.

I rate NetSuite ERP a six out of ten.

Which deployment model are you using for this solution?

Public Cloud
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user617421 - PeerSpot reviewer
Software Engineer at a tech services company with 501-1,000 employees
Real User
It provides support for consolidated reporting from multiple subsidiaries in different countries.

What is most valuable?

It is a cloud-based ERP tool with minimal downtime. It can be accessed from anywhere in the world.

How has it helped my organization?

It provides support for consolidated reporting from multiple subsidiaries in different countries.

What needs improvement?

The NetSuite fixed asset module needs to be worked on.

For how long have I used the solution?

I have been using this solution since October, 2014.

What do I think about the stability of the solution?

There were no stability issues.

What do I think about the scalability of the solution?

There are no scalability issues since the modules are constantly updated.

How are customer service and technical support?

The technical support is excellent.

Which solution did I use previously and why did I switch?

We were previously using QuickBooks. Since it was not scalable for multiple subsidiaries, we switched to NetSuite.

How was the initial setup?

The setup was straightforward. The implementation team will work with the system administrator to configure this tool to your company's needs. Be sure to have a clear idea as to how you would like the system to work.

What other advice do I have?

You should work with the implementation team as they are an excellent resource. Even for post-implementation, I would recommend getting the higher-tier support that will work closely with you and answer any questions that you might have.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Partner at a financial services firm with 5,001-10,000 employees
MSP
Flexible, is regularly updated, and works well for large enterprises
Pros and Cons
  • "Every year, they release a new version."
  • "The pricing is high."

What is our primary use case?

This is specialized software, an ERP, for the financial and management functions of an enterprise.

What is most valuable?

It's very capable in its area. 

The product is very flexible and can adjust to the customer's needs.

They keep improving the product. Every year, they release a new version.

The solution works well for larger organizations.  

What needs improvement?

There is always a way to improve the tools used for customizing it to the special needs of the customers. They could make it even better.

The pricing is high. For small companies, it is not very competitive.

For how long have I used the solution?

I've been using the solution for five years. 

What about the implementation team?

We are able to implement the solution for clients as needed. 

What's my experience with pricing, setup cost, and licensing?

The price is quite high if you are a smaller organization. 

What other advice do I have?

We are implementors. Oracle is a provider, and our company offers the service for implementation and customization.

Overall, I would rate the solution eight out of ten. I've been mostly very happy with its capabilities. 

Which deployment model are you using for this solution?

Public Cloud
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user617424 - PeerSpot reviewer
Consultant / Cloud CRM and ERP solution provider at a tech services company with 51-200 employees
Consultant
Provides reporting capabilities. We can retrieve data via a saved search.

What is most valuable?

The reporting feature is the most valuable because it is very flexible. It is easy to retrieve any data via a saved search.

Compared to other ERP systems, Oracle NetSuite demarks the reporting capabilities via its flexible reporting tool.

How has it helped my organization?

It is an integrated system that helps us streamline the business processes.

What needs improvement?

The manufacturing aspect needs to improve.

What do I think about the stability of the solution?

There were no stability issues.

What do I think about the scalability of the solution?

There were no scalability issues.

How are customer service and technical support?

The technical support is very good.

Which solution did I use previously and why did I switch?

Oracle NetSuite is the best cloud-based solution.

How was the initial setup?

The setup was straightforward. The Oracle help center explained everything to us.

What's my experience with pricing, setup cost, and licensing?

This product is worth its price and provides value for the money.

Which other solutions did I evaluate?

We looked at other options, namely the Microsoft Dynamics NAV solution.

What other advice do I have?

You should go for it. You won't regret it! This is the best solution. It is very simple to configure, easy to use, and is hosted on the cloud.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Buyer's Guide
Download our free NetSuite ERP Report and get advice and tips from experienced pros sharing their opinions.
Updated: April 2024
Buyer's Guide
Download our free NetSuite ERP Report and get advice and tips from experienced pros sharing their opinions.