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NetSuite

NetSuite Cloud Accounting Software

Composite Score

8.3 /10

CX Score

8.5 /10

70 Reviews Write a Review

What is NetSuite Cloud Accounting Software?

With NetSuite cloud accounting software transform your general ledger, optimize AR, automate AP and streamline tax management. Get a complete view of cash flow and financial performance.

Company Details

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NetSuite Cloud Accounting Software Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on NetSuite Cloud Accounting Software.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

86 Likeliness to Recommend

2
Since last award

94 Plan to Renew

1
Since last award

85 Satisfaction of Cost Relative to Value

1
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+83 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love NetSuite Cloud Accounting Software?

3% Negative

12% Neutral

85% Positive

Pros

Enables Productivity
Respectful
Reliable
Acts with Integrity

Feature Ratings

Average 81

Expense Management

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Integration APIs

Budgeting Forecasting

Cash Flow Management

Dashboards, Analytics and Reporting

Reconciliation

Vendor Capability Ratings

Average 79

Business Value Created

Quality of Features

Breadth of Features

Ease of Data Integration

Ease of Customization

Usability and Intuitiveness

Ease of IT Administration

Availability and Quality of Training

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation

NetSuite Cloud Accounting Software Reviews

Traicy P.

Role: Operations
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted May 2021

Among mostly used accounting software

Likeliness to Recommend

8 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

NetSuite Accounting has more organized architecture compared to other Accounting software that I use.

What is your favorite aspect of this product?

With NetSuite Accounting, it has been easy to minimize financial errors since it handles every procedure automatically. Both AR and purchase orders automation are among the great aspects.

What do you dislike most about this product?

NetSuite Accounting has a lot of features, but lacks one most important tool, which is offline mode.

What recommendations would you give to someone considering this product?

Incorporate robust internet connection so as they can enjoy full benefits of NetSuite Accounting.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Role: Finance
Industry: Food and Beverage
Involvement: IT Development, Integration, and Administration

Validated Review

Anonymous Reviewer

Submitted Jun 2020

Great potential, but some aspects fall short.

Likeliness to Recommend

7 /10

Pros

Over Delivered
Reliable
Performance Enhancing
Security Protects

Cons

Charges for Enhancements
Wastes Time
Slower Product Innovation

Jim C.

Role: C-Level
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Mar 2020

NetSuite is designed to grow with you

Likeliness to Recommend

9 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Netsuite provides a lot of opportunities to leverage both standard functionality and customized functionality. The ability to grow with the system is paramount to our success.

What is your favorite aspect of this product?

The ability to constantly find new ways to look at the same data sets.

What do you dislike most about this product?

Some of the customization work is for professionals only - scripting is not for the feint at heart.

What recommendations would you give to someone considering this product?

If your business has a path to growth - but in terms of customers and currencies - NetSuite is designed to grow with you.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Latest Research

NetSuite Cloud Accounting Software

What is NetSuite Cloud Accounting Software?

Company Details

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Awards & Recognition

NetSuite Cloud Accounting Software Ratings

86 Likeliness to Recommend

2 Since last award

94 Plan to Renew

1 Since last award

85 Satisfaction of Cost Relative to Value

1 Since last award

Emotional Footprint Overview

+83 Net Emotional Footprint

How much do users love NetSuite Cloud Accounting Software?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Integration APIs Ability of the software to interface with legacy and other third party applications.

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

NetSuite Cloud Accounting Software Reviews

Traicy P.

Among mostly used accounting software

Likeliness to Recommend

Pros

Great potential, but some aspects fall short.

Likeliness to Recommend

Pros

Cons

Jim C.

NetSuite is designed to grow with you

Likeliness to Recommend

Pros

Most Popular NetSuite Cloud Accounting Software Comparisons

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Quickbooks Enterprise

Workday Enterprise Management Cloud

Odoo

Oracle E-Business Suite

Title

2
Since last award

1
Since last award

1
Since last award

Feature Ratings

Expense Management

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Integration APIs

Budgeting Forecasting

Cash Flow Management

Dashboards, Analytics and Reporting

Reconciliation

Vendor Capability Ratings

Business Value Created

Quality of Features

Breadth of Features

Ease of Data Integration

Ease of Customization

Usability and Intuitiveness

Ease of IT Administration

Availability and Quality of Training

Vendor Support

Product Strategy and Rate of Improvement

Ease of Implementation