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NetSuite

NetSuite Cloud Accounting Software

Composite Score

8.3 /10

CX Score

8.5 /10

69 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

84 Satisfaction of Cost Relative to Value

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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

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Budgeting Forecasting

Cash Flow Management

Integration APIs

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

Product Strategy and Rate of Improvement

Vendor Support

Ease of Implementation

NetSuite Cloud Accounting Software Reviews

Marc R.

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

Validated Review

Verified Reviewer

Submitted May 2024

Oracle usability Is easier than most ERPs

Likeliness to Recommend

8 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Easy to learn and use, NetSuite is a powerful platform. With the help of finance-specific modules, the system can be scaled up or down within the same platform, meeting the changing demands of your business while reducing complexity and facilitating reporting.

What is your favorite aspect of this product?

It has easier configuration and maintenance for connections with other systems and its usability is better than other ERPs. In addition to the excellent basic functionality, the system's customization options can be a game-changer when it comes to addressing issues that arise from a rapidly expanding business.

What do you dislike most about this product?

In rare cases, the speed of the user interface may degrade and certain standard reports may prove stubborn.

What recommendations would you give to someone considering this product?

Excellent tool overall. While I think some process improvements are long overdue, overall I think the software meets all of our business needs and more.

Pros

Helps Innovate
Reliable
Enables Productivity
Efficient Service

Jeffrey G.

Role: Finance
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jan 2024

4 companies in. Love it. Will use again!

Likeliness to Recommend

10 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Have used SAP, Dynamics, Quickbooks, and about dozen others but the experience with Netsuite, as long as you are patient and love learning new things, this is a great system. With the twice annual updates with new features this is hands down the easiest system in update and the new features are top notch.

What is your favorite aspect of this product?

It just works! My favorite aspect is the accounting and financial reporting.

What do you dislike most about this product?

The circular references and the number of articles in their support articles is daunting. The annual renewal is expensive but seems to be worth the increase.

What recommendations would you give to someone considering this product?

Be open to the experience of using Netsuite. Take your time learning the product and where Netsuite falls short (taxes, inventory control, cash flow) there is a whole ecosystem of partners that integrate with Netsuite.

Pros

Helps Innovate
Continually Improving Product
Reliable
Enables Productivity

Cons

Less Effective Service
Vendor's Interest First
Less Transparent

Anil M.

Role: Information Technology
Industry: Healthcare
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2023

Cutting edge product, great value on the long run!

Likeliness to Recommend

10 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

They are a leader in cloud solutions for small and medium business. Being backed be oracle, there is trust in the brand name. They have proven historically to be ahead of the curve.

What is your favorite aspect of this product?

Customization and the ability to script most things.

What do you dislike most about this product?

The support side could be a lot better.

What recommendations would you give to someone considering this product?

NetSuite is highly reliable and customizable. Lots of 3rd party plugins make it very customizable.

Pros

Performance Enhancing
Enables Productivity
Unique Features
Inspires Innovation

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

84 Satisfaction of Cost Relative to Value

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.

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

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

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

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.

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

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.

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.

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.

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

Marc R.

Oracle usability Is easier than most ERPs

Likeliness to Recommend

Pros

Jeffrey G.

4 companies in. Love it. Will use again!

Likeliness to Recommend

Pros

Cons

Anil M.

Cutting edge product, great value on the long run!

Likeliness to Recommend

Pros

Most Popular NetSuite Cloud Accounting Software Comparisons

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Title

2
Since last award

1
Since last award

Feature Ratings

Expense Management

General Ledger Chart of Accounts

Accounts Payable Purchase Orders

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Budgeting Forecasting

Cash Flow Management

Integration APIs

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

Product Strategy and Rate of Improvement

Vendor Support

Ease of Implementation