NetSuite

NetSuite is a full features software made to suit the needs of big teams.

Kommentarer: NetSuite is feature rich and fully customizable, the amount of information it has may be unnecessary for small business, but it is definitely the solution for big teams/companies that are in a state of disorganization.

Fordeler:

NetSuite is highly customizable and offers a huge amount of features.

Ulemper:

It is extremely overwhelming and confusing at first.

Time consuming and incorrect data

Fordeler:

This is our initial software (since 1998) - I am in sales and account management - I do not use the reporting - I have to research billing, invoicing and accounts payable - too many keyboard clicks to get to correct field

Ulemper:

too many keyboard clicks to get to correct field, much of the infommation is not downloaded from salesforce to netsuite, inconsistant billing, payment arrangements will not pick up all accounts, reporting for commission will not pick up transaction from the "Parent Account" So time consuming to review commissions - typically I will have 35 accounts per month that were not picked up by netsuite

Limited QuickBooks Journey to Robust NetSuite

Fordeler:

We have investments in various business arenas (Hospitality, Restaurant, Aviation, Real Estate, Ranches, Home office) and some are intercompany, others are not, but require combined statements. NetSuite allows us to set up the subsidiaries with the proper rollups and consolidation/eliminations, while providing the drilldown process to reconcile any differences, if needed. Moving to NetSuite enabled us to enhance the previous business processes and create process efficiencies/ financial transparencies.

Ulemper:

Integration with the previous business processes was difficult, not due to NetSuite, but the lack of standardization/harmonization of data management, Chart of accounts. i have a short list of issues that have been brought to my attention from the users, but these result from the fact we look at 130 plus subsidiaries in one report and the first column with the GL account reference does not freeze, like in an Excel worksheet (solution = download data into a worksheet).

Flexible ERP for mid-size busines

Kommentarer: NetSuite provides an excellent platform for companies looking to streamline their financial and business operations. I have had a great experience using the platform and it has improved efficiency in our organization.

Fordeler:

NetSuite is an exceptional business tool that provides an array of integrated resources to manage my entire organization. Its user friendly interface made it easy for me to navigate the system quickly and efficiently.

Ulemper:

One downside of NetSuite is its cost and complexity. There is a steep learning curve for new users and the cost can be prohibitive for some businesses.

NetSuite is good program

Kommentarer: I have been working with NetSuite for about a year now and it has been an amazing experience. NetSuite is one of the most powerful and versatile ERP systems available today. It is also very easy to use, which makes it a great option for companies of all sizes.

Fordeler:

Payroll and human capital management tools that are integrated with other apps in the suiteAutomated reconciliation processes, which allow you to reconcile data from multiple systems at onceAn intuitive interface that makes it easy to use even if you're not an expert in accounting or finance

Ulemper:

It's expensive — NetSuite has several different pricing plans based on the number of users you need and the features you want. The most basic plan costs $15 per user per month; the most comprehensive plan costs $18 per user per month. You can also pay on an annual basis instead of the monthly one. These prices may seem reasonable compared to other accounting software, but they're still higher than what many small businesses are willing to spend on accounting software.