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NetSuite

NetSuite Cloud Accounting Software

Composite Score

8.2 /10

CX Score

8.4 /10

66 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.

85 Likeliness to Recommend

1
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?

4% Negative

10% Neutral

86% Positive

Pros

Reliable
Enables Productivity
Respectful
Security Protects

Feature Ratings

Average 80

Expense Management

Accounts Payable Purchase Orders

General Ledger Chart of Accounts

Accounts Receivable Invoicing

Cost Revenue Tracking

Project Accounting

Budgeting Forecasting

Cash Flow Management

Dashboards, Analytics and Reporting

Integration APIs

Reconciliation

Vendor Capability Ratings

Average 78

Business Value Created

Quality of Features

Breadth of Features

Usability and Intuitiveness

Ease of Data Integration

Ease of Customization

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

Dillon G.

Role: Finance
Industry: Apparel
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Nov 2022

Hard to use. Not friendly.

Likeliness to Recommend

4 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

Who knows. Accounting is accounting.

What is your favorite aspect of this product?

That I don’t work with it anymore.

What do you dislike most about this product?

It was cumbersome. It hated certain information and would take away items you wanted to see. To adjust some reports you needed to know some coding items as well. As an accountant I tried to stay on top of formulas not API coding.

What recommendations would you give to someone considering this product?

Contact support a lot and ask for help.

Pros

Reliable
Performance Enhancing
Enables Productivity
Effective Service

Cons

Inhibits Innovation
Less Inspiring
Less Friendly Negotiation

John C.

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

Validated Review

Verified Reviewer

Submitted Sep 2022

The ultimate accounting solution

Likeliness to Recommend

10 /10

What differentiates NetSuite Cloud Accounting Software from other similar products?

The greatest advantage of using Netsuite Accounting is that employees are able to access the software tools and accounting data from all devices, and the data is centrally secured and remains non perishable

What is your favorite aspect of this product?

The transparent visibility of the audit trail helps with tracking all user activities, all login attempts, system activities, and admin activities

What do you dislike most about this product?

The Financial Report Builder tool comes with advanced capabilities to group together economic data and classify data into different categories and this makes it have a steep learning curve

What recommendations would you give to someone considering this product?

Comes loaded with a robust and comprehensive set of features and caapbilities to take care of every accounting and financial management need of the business

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

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

Validated Review

Anonymous Reviewer

Submitted May 2022

Can be a bit lacking in features but customizable

Likeliness to Recommend

8 /10

Pros

Respectful
Acts with Integrity
Helps Innovate
Continually Improving Product

Cons

Under Delivered
Commodity Features
Less Efficient Service

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

85 Likeliness to Recommend

1 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.

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

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.

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

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.

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 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.

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

Dillon G.

Hard to use. Not friendly.

Likeliness to Recommend

Pros

Cons

John C.

The ultimate accounting solution

Likeliness to Recommend

Pros

Can be a bit lacking in features but customizable

Likeliness to Recommend

Pros

Cons

Most Popular NetSuite Cloud Accounting Software Comparisons

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Odoo

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Title

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

Budgeting Forecasting

Cash Flow Management

Dashboards, Analytics and Reporting

Integration APIs

Reconciliation

Vendor Capability Ratings

Business Value Created

Quality of Features

Breadth of Features

Usability and Intuitiveness

Ease of Data Integration

Ease of Customization

Ease of IT Administration

Availability and Quality of Training

Product Strategy and Rate of Improvement

Vendor Support

Ease of Implementation