NetSuite Erfahrungen

Vorteile

So customizable that you can configure it to do just about anything. A unique product that can really be for anyone. Once live, it's fairly intuitive.

Nachteile

While the customization is amazing, you can get lost if you don't pay attention to the details or aren't working with someone who knows the technical nuances well when you set it up. Our implementor ([sensitive content hidden] ) helped us with this.

Vorteile

1. The option to see the reports on a consolidated level
2. Reporting and the option to customize report is amazing
3. Search line
4. The ability to edit transitions
5. Advanced IC JEs

Nachteile

1. Billing schedules are very challenging- for example quarterly billing for 2 years and for 1 year requires 2 different billing schedules, the system can only divide the quantity for non annual billing schedules etc.
2. No as of date vanilla report to track Inventory in transit and accrued expense related to inventory received where an invoice was not received.
3. Fixed assets module reporting- for example if an asset was sold the accumulated depreciation would show on the same column as the depreciation for the period.

Vorteile

Extremely powerful platform, with almost every feature you could need from a CRM/ERP platform.

Nachteile

Steep learning curve, and the user interface is not the nicest or most intuitive.

Vorteile

Full customization to handle drop ship and on hand stock,
Security systems in place.
workflows to enable automation to be setup.
integrations with other platforms such as Yooz

Nachteile

scripting knowledge is required one you get past basic customization, which if your unsure can be costly.

In Betracht gezogene Alternativen

Zendesk Suite

Warum NetSuite gewählt wurde

Growth of the business and to allow for an all in one with website control package.

Zuvor genutzte Software

Sage 100

Gründe für den Wechsel zu NetSuite

Customization and all in one package with an abundance of support options, which would facilitate cost saving and growth with the business.

Vorteile

We like the ability to easily run financials on a project level basis and the automated features that shorten our close cycle.

Nachteile

The customization that needed to happen to fit NetSuite into our current work processes and the transferring of data from our QB system to NetSuite was not smooth due to going live mid-year.

In Betracht gezogene Alternativen

Sage Intacct

Warum NetSuite gewählt wurde

Needed to combine subsidiaries and have view into project level financials

Zuvor genutzte Software

QuickBooks Enterprise

Gründe für den Wechsel zu NetSuite

Better interface and seemed to better fit our needs

Vorteile

NetSuite allowed our business to reevaluate process and streamline existing ones, while serving as a single location to house our financial, banking, and CRM data.

Nachteile

Our implementation process was messy, but we got on the right track early and have worked with our ACS optimize team to make the product the best it can be.

Vorteile

Customable reporting, easy configurable custom fields and modifying forms for different records

Nachteile

From an admin perspective, customizing WF is not user friendly and is limited. Which forces us in some cases to use suite scripts to overcome issues. Creating suite scripts requires development knowledge, i.e. Java script and knowledge of Suite Script configuration. Since this is not accessible to all organization inhouse, this requires using a certified 3rd part vendor which is both time consuming and costly.

Vorteile

The ability to customise the system and it’s scalability

Nachteile

Certain functions are not available, even though they seem to be basic(like downloading the list of historic exchange rates)

Vorteile

Their is a vast array of features and functions. Details of information for inventory and purchasing.

Nachteile

It was difficult integrating my inventory from previous systems into NetSuite.

Vorteile

It allows you to customize your system for almost any type of business process. It's very standardized and easy to implement in your company.

Nachteile

It was difficult to integrate the inventory of previous systems into NetSuite. NetSuite is also a bit of an expensive product.

Vorteile

They sold it really well and their sales team was very enthusiastic and engaging.

Nachteile

It is absolutely a nightmare to implement. It is way too complicated to function well. You need to be a developer to be able to do even the most basic augmentations. You might as well just build your own system from the ground up and save yourself the expensive NetSuite bill. The cost is huge and you can't make adjustments to licenses without long contracts. Despite their claims they don't know anything about integrating with other systems like Shopify via connectors like Celigo or FarApp. The integration team will not help you avoid even common pitfalls. The user interface is, despite their claims, woefully not intuitive or easy to use for average computer savvy individuals. You cannot easily make or adjust print or email templates and their WYSIWYG editor is garbage. The shipping component of it is far less powerful and customizable than many other shipping softwares like ShipStation. Their manufacturing processes are not customizable enough and don't account for realistic manufacturing challenges. You will absolutely end up doing way more steps for not much gain, making it very inefficient to operate. Their "support" is very limited and after you are past your support phase, help is non-existent unless your entire system is down. They are not appropriate at all for small to medium size businesses (despite their claims) and should only be used if you have an entire IT team that could probably just code a custom system for you anyway. Absolutely would not recommend!

In Betracht gezogene Alternativen

SAP S/4HANA Cloud

Gründe für den Wechsel zu NetSuite

We also looked into Connected, Aboard, SAP, and a custom solution. We chose NetSuite because we didn't want to be locked into a custom solution that we wouldn't be able to service without the creator and the NetSuite sales team did a really solid job convincing us that they were appropriate for a small-medium sized business that needed inventory management. Spoiler alert, they aren't.

Vorteile

All in one database that meets the needs of many size businesses. Allows for extensive customizations and scripting. Integrates with many 3rd party systems.

Nachteile

Net Suite has become a very large company with many different departments. It has lost that start up and cutting edge technology vibe. Getting quick and effective support can be hard due to the many layers of project managers, account managers, and departments. A cloud based UI can be slow at times.

In Betracht gezogene Alternativen

Sage Intacct und Dynamics 365

Warum NetSuite gewählt wurde

Our volume of transactions and products exceeded QuickBooks capacity.

Zuvor genutzte Software

QuickBooks Enterprise

Gründe für den Wechsel zu NetSuite

Not a legacy system . . better technology and capabilities.

Vorteile

NetSuite keeps track of our accounting activity well. As NetSuite will tell you, they were built with Finance as their first priority. The software is a single source of truth for the majority of our business activity.

Nachteile

There's a steep learning curve for getting the most out of the software, specifically around reporting. And there is literally no support from the NetSuite team unless you pay big quarterly fees for their Advanced Customer Support on top of the regular software costs. It seems like the NetSuite team would want you to be equipped to properly use the full functionality of the software, but they don't seem incentivized to proactively educate and/or support their clients. This is not to say competitors will do any better. In fact, I believe NetSuite offers the most value as an ERP to medium-sized businesses.

Vorteile

What I like most about Netsuite is that it can do just about anything and integrate with anyone. Because it can handle both financial and non-financial information it really can be your single source of truth.

Nachteile

It is huge, with many different modules. Because of that it can be a bear to implement and requires a lot of ongoing maintenance

Vorteile

With NetSuite, we are able to effectively manage both day-to-day operations and the planning of project resources. It's easy to pick up and use, flexible enough to work in any circumstance, and facilitates precise, real-time communication amongst team members.

Nachteile

After some practice, using NetSuite is straightforward. Once you're familiar with how everything in NetSuite fits together, it's a breeze to use. However, it occasionally requires technical assistance, which might disrupt your operations, just like other Oracle systems. Truth be said, I quickly become weary of the current interface's barebones simplicity.

Vorteile

I like that the software connects to all our systems - amazon/website/ebay. I like having one system for everything - accounting/inventory management. The system is also very forgiving - any mistakes are easily corrected. I love the flexibility of adding fields to items and customizing needs for business.

Nachteile

After the initial 3 years with the company where the annual software increases were about 5%, now that we are on year 5, the increase will be 20 to 30% annually hereafter. At this rate, the software will be unaffordable in a few years. Beware of this because it is a big undertaking switching ERP systems and when there is no cap on the fees they can change when you renew, you could find yourself unable to pay for the system and forced to look elsewhere. If you sign up, i would ask for a maximum cap of 5% per year for software increases.

Vorteile

NetSuite is scalable. I've used NetSuite at a company that was doing $200M+ in revenue and a company that is at $60M in revenue. I also really enjoy that NetSuite can be almost completely customized to your industry and business. NetSuite provides for a lot of automation of processes that Quickbooks cannot handle. It is also a better source of record-keeping as everything is somewhat seamlessly connected.

The batch upload of journal entries/transactions and upload in general is extremely useful and saves so much time.

My previous company used the Fixed Asset Module which was great for record keeping and for systematically recording amortization on a monthly basis. This was also extremely useful to ensure that our policy was uploaded as the amortization rule set, reducing errors in the amount of amortization per asset. The ability to report on the total assets and have their history in one spot proved useful for our audit.

Currently, we are implementing rules for 606 and the multi-book and ARM add-ons have proven very useful for our reporting purposes. I really enjoy NetSuite's use of rules for transactions as they can vary from company to company and item sku to item sku.

I love the saved search function too! So much flexibility for creating reports helps us create reports for month-end reconciliation purposes.

Nachteile

SuiteAnswers has a terrible algorithm for their search bar. The system is also not as intuitive as others since the actual home screen itself is customized by role. We have also run into the need for an consultant/more technical administrator to provide working scripts for some of our reporting. People with NetSuite should not expect the system to do everything perfectly, sadly the call center is far less helpful than the US-based consultants at NetSuite. However, you can always escalate to your sales rep.

Our solution is hosted and at times runs slower than I would prefer. I wonder if there is a way to increase the speed at which we can click through multiple cells or post a large amount of journal entries.

Vorteile

It is a great program for inventory management and order placement once you get through the learning curve, which is not very hard to learn. Their support team has been out standing in training us and helping us through the learning of this software.

Nachteile

There are some steps that could be made easier with some adjusting of the software. Once particular thing is when using the search box to find a particular inventory item, if it is a popular item it will pop up all of the quotes and conversations about that item first instead of the first thing on the list being the product itself. It just requires an extra step to get the inventory item to pop up first. You have to go back to the search box and put inv: before the inventory item and then it will be the only thing that pops up.

Vorteile

I really like the analysis in real time, it is an ideal software to find efficient solutions to any problem that has been presented to us, it has good visibility of our business, I like it because it is a very adaptable software, the power of automation that it offers is very efficient, navigation is simple, it allows us to be scalable.

Nachteile

NetSuite is a bit of an expensive product, which can be a handicap, but we see the benefits over the value of the product, and feel that it is a great piece of software to achieve more noticeable results than similar software.

Vorteile

NetSuite is one of the best operational flow managers I've tested, it offers a robust solution for inventory management, allows for detailed tracking of items across multiple locations, a significant improvement over older systems that had limited capabilities. The platform also excels at customizaton, allowing users to customize dashboards and reports for specific needs. You can incorporate various elements such as lists, search forms, recent records, and trend charts to create a dashboard that works for every need.

Nachteile

Using NetSuite has been a mixed experience for me. While comprehensve, the platform's loading time is frustratingly slow, especially when it comes to the timesheet approval workflow and custom report generation. This slowness affects our entire organization. Also, the complexity of the software requires formal training sessions, which can be a hurdle for new users. To top it off, there is no trial version available and the subscription plans are quite expensive.

Vorteile

I love the visibility and functionality. I love how it is not set in stone. While there are functions that are locked and scripts and such, they are all able to be customized without having Oracle Engineers involved. But that said, if it does involve their engineers, it will still most likely be customizable. I am able to mirror the system that my company was previously using to NetSuite. This is great to get users who have been using a system for 30 years to get into this system with ease.

Nachteile

The only thing I dislike, is that there are a few things that are set in stone. Those require to get the engineers involved, but even then, it is not a deal breakers.

Vorteile

NetSuite has a plethora of pros, from its user friendly interface to it's ability to allow you to centralize all pertinent data in one hub for reference. The system has great dependencies functionality, so when looking for underlying details/support - it's very simple to track down the information you're looking for or needing. It's ability to integrate with our other software systems for the use of calculating commissions is vital to our daily business processes.

Nachteile

When looking to reimplement into a new NetSuite instance, or when making a complete system change to NetSuite, it can be quite a rigorous process when ensuring all necessary data is brought over to the new instance before it ceases to exist. This is a fault of many systems similar to NetSuite; however, it still begs many questions when the question of reimplementation/instance reconfiguration comes up during the fiscal year.

Vorteile

It does order costing and advertises itself as a complete ERP system. I've heard it can work well for very large companies with large accounting teams and lots of money to put towards consultants to get it running properly.

Nachteile

Ease of use- it's like dial up internet from 1990, extremely slow, patchy and missing information. Even data imports take hours on end. You can tell this is just a cash cow product for Oracle that hasn't been updated. Every little thing you need to do takes 5 clicks and the implementation and daily use for a smaller startup is just a nightmare to be honest.

Vorteile

NetSuite has a lot of capabilities. I am confident that if we invested enough in the system, it could handle all of our needs.

Nachteile

NetSuite is clunky and not user friendly. It is not designed for small business, where each employee wears multiple hats. We are 7 people, and most employees have to switch between roles daily to accomplish their goals. When we reach out to NetSuite for help or suggestions, they do not treat the relationship as a service provider who wants us to grow and be successful. Instead, they try to squeeze every dollar out of us. They consistently under-deliver on time-sensitive outcomes, and try to sell us upgrades we don't need and can't afford. Our account manager is delightful, but has no authority to help us in any capacity. Every B2B transaction is extremely difficult (including us paying NetSuite). When we try to lean in on NetSuite services, we find they are unable to deliver what was promised, and are unwilling to negotiate or apologize for their own shortcomings and mistakes.

Vorteile

Our former software provided us with more features and allowed for easier/zero to little cost customization.

Nachteile

The smallest customiation requires an expert and with that comes an expense. Netsuite has been the second largest expense our company has after payroll. The sales team was very misleading and they tricked us when we purchased the software. We presented our former software and their response was always "Netsuite can do that." We later came to find out that yes Netsuite can do it but it comes with an associated cost. Also, the difficulty of reaching customer support is very frustrating. We were talked into purchasing premium support which is as useless as regular support. You still have to wait. You have to submit a case and wait for someone to email you back and fourth about the issue to then tell you they can't help you and you have to pay a 3rd party to accomplish what you need. Netsuite has been the biggest disappointment for our staff and company.