NetSuite ERP Review - why 4 stars?

NetSuite ERP Review
ITQlick Score: 90/100
ITQlick Rating: (4/5)
Pricing: 2/10 - low cost
Category: ERP -> NetSuite ERP
Ranking:Ranked 11 out of 272 ERP systems
Company: NetSuite
Pricing: starts at $99 per user/month
Typical customers: SMBs
Platforms: Desktop, Mobile, Cloud
Links: NetSuite ERP pricing, NetSuite ERP alternatives

Shlomi LaviShlomi Lavi / updated: May 19, 2021

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is NetSuite ERP?

NetSuite ERP software is a cloud-based solution that targets small and mid-sized businesses. It offers a number of features that include a revenue recognition management module that allows calculate and create accurate financial statements. The software also avoids the costs of reconciling shipping information and help reduce fulfillment errors.

The financial planning module helps users keep tabs on the company mission and vision and addressing the changing business landscape to ensure the company stays profitable. The human capital management tool allows users to maximize peoples productivity. NetSuite ERP software is a product of NetSuite Inc., which is based in the United States.

What is NetSuite ERP rating? ()

The rating of NetSuite ERP is 4 stars out of 5 and the total score is 90 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are NetSuite ERP's typical customers?

NetSuite ERP is intended for small companies to large enterprises that prefer an all-in-one solution for managing their finances and resources. This solution is used by businesses from various industries including software, manufacturing, wholesale distribution, retail and services. Some NetSuite clients include Prudential, Red Built, Gawker Media, Igloo and Solar Winds.

Is NetSuite ERP the best ERP?

NetSuite ERP is ranked 11 out of 272 software in their category (ERP systems).

What are their main features and functionalities?

NetSuite ERP includes many features that make it a very worthy investment for any type of organization, inclusing accounting functionality, ERP, inventory and order management. It also supports multiple currencies, languages, companies and locations, making an excellent solution for global businesses. NetSuite ERP supports data import and export, a Developer API, integration with MS Office, role-based security and mobile access. It allows convenient and easy management of resources, revenue, expenses, budget and employees, as well as improving sales as it automates billing and collections.

What are NetSuite ERP's pros? (5 Pros)

  • The system is scalable
  • The software has great searching and reporting tools
  • The support team is extremely responsive
  • The dashboard can be personalized to make all vital tools and data easily accessible
  • NetSuite ERP can be accessed from mobile devices, for getting an up-to-date view of the company’s financial performance, resources and expenses

What are NetSuite ERP's cons? (2 cons)

  • It is not easily deployed
  • The system is not quite reliable

Who are their main alternatives?

The two main competitors of NetSuite ERP software include Deltek Maconomy and True ERP Solutions. Deltek Maconomy software is a cloud-based enterprise resource planning solution while NetSuite ERP software is a cloud-based solution that targets small and mid-sized businesses. Both Deltek Maconomy and NetSuite ERP software are low in cost. Based on the online reviews, Deltek Maconomy software has been awarded a 5-star rating while NetSuite ERP has been awarded a 4 rating.

NetSuite ERP software is ideal for small and medium businesses while Deltek Maconomy software is an ideal solution designed to support small, medium, and large businesses. True ERP software is an on-premise and cloud-based operations management solution while NetSuite ERP software is a cloud-based solution that targets small and mid-sized businesses.

True ERP is an average cost software while NetSuite ERP software is a low cost. While True ERP software offers deployment flexibility as it can either be installed on-premise or hosted on the cloud while NetSuite ERP solution can only be deployed on cloud. Based on the online reviews, True ERP software has been awarded a 3.5-star rating while NetSuite ERP software has been awarded a 4 rating.

What is the cost of NetSuite ERP?

The cost of license starts at $99 per user/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for NetSuite ERP

What should you ask NetSuite during a demo session? (65 questions)

Schedule a demo with NetSuite ERP and access 65 must ask questions for the vendor while watching NetSuite ERP in action. Visit the vendor's website here.

Is it the right software for you?

NetSuite ERP software is suitable for small and medium businesses. It caters to multiple specialties including real estates, hospitals, construction, learning institutions, contractors and many more.

NetSuite ERP's list of categories:

Time and Attendance
Expense Tracking
Project Budgeting
Project Resource Management
Time Tracking

NetSuite ERP's list of features:

Budget & Expense Management
Expense Management
Project Time Tracking
Time Tracking

NetSuite ERP Vs. Alternatives

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NetSuite
ITQlick rating
3.8/5
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OptiProERP
ITQlick rating
2.8/5
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92/100
Pricing
2/10
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$700 per license
Functionality
26
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.