ERP System Review

Our review contains critical system information including applications, industries supported, number of customers, underlying technology, and critical generic functionality - customization, multiple companies, multiple currencies, workflow, mobility, sales tax and reporting.
  NetSuite
Product Information  
System NetSuite
Vendor NetSuite
Description NetSuite ERP is an all-in-one, AI-powered, cloud business management solution that helps organizations operate more effectively by automating core processes and providing real-time visibility into operational and financial performance. With a single, integrated suite of applications for managing accounting, order processing, inventory management, production, supply chain and warehouse operations, NetSuite ERP gives companies clear visibility into their data and tighter control over their businesses.
  • Full-featured financials, CRM, inventory, project management and ecommerce software--all in a single system
  • Real-time visibility across your entire business operation
  • On-demand software infrastructure dramatically lowers maintenance and license fees
  • Real-time dashboards for all your key employees
  • NetSuite can be accessed anywhere, anytime to the information you need.
Netsuite ERP review on benefits:
  • Automate Financial Processes. Improve financial operations, efficiency and productivity.
  • Gain Inventory Visibility. Monitor inventory levels, minimize carrying costs and deliver orders on time.
  • Supply Chain Optimization. Control the flow of goods across the value chain, from suppliers to customer.
  • Flawless Order Management. Error-proof your order management and procurement.
  • Increase Warehouse Efficiency. Optimize the putaway process and reduce picking errors.
Website https://www.netsuite.com/
Primary Tier 2
Industries  
Apparel Yes
Construction No
Field Services Yes
Financial Services Yes
Food & Beverage Yes
Hospitality Yes
Manufacturing Yes
Nonprofit No
Professional Services Yes
Retail & ECommerce Certified
Transportation & Logistics Yes
Wholesale Distribution Certified
Applications  
Accounting (General Ledger, Financial Reporting, Accounts Receivable, Accounts Payable, Budgeting and Cash Management) Yes
Asset Management Yes
CPQ (Configure Price Quote) No
CRM Yes
Distribution (Order Processing, Purchasing and Inventory) Yes
E-commerce No
Field Services - Dispatching & Scheduling No
Field Services - Mobile Field Management Yes
Human Resource Management Yes
Manufacturing - Quality Control No
Manufacturing - Scheduling Yes
Manufacturing - Shop Floor Control Yes
MRP No
Payroll No
Point of Sale No
Product Lifecycle Management No
Professional Services - Scheduling No
Professional Services - Timesheets No
Professional Services – WIP Management No
Project Management No
Transportation Management No
Warehouse Management No
Developer Information  
Number of customers - all products
Number of customers - this product
Technology  
% of application that is web based (just need a browser on workstation)
On premise, cloud or hybrid On Premise
Private or Public Cloud Private
Tenant Architecture Multi-Tenant
Generic Requirements  
Customization/Configuration  
Without changing source code In Current Release
User-defined fields
  • Can define values/dropdowns for fields
  • Used in report selection and ordering
  • Used in workflow
 In Current Release
User defined screens
  • Change fields to required, optional or invisible for standard and user-defined field
 In Current Release
Multiple Companies  
Share inventory across companies In Current Release
Share customers and suppliers across companies In Current Release
Automate balancing of transactions across legal entities In Current Release
PO of 1 company automatically generates the sales order in another company In Current Release
Multiple Currencies  
Maintain source and home currency amount for each transaction In Current Release
Date effective currency exchange rates In Current Release
Work Flow  
Can apply an approval process to any transaction such as a journal entry or any master file such as a supplier or inventory item In Current Release
Can generate alerts/escalation if something expected is late or reminders In Current Release
Configurable approvals or alerts without needing programming In Current Release
Mobility  
Optimized for Android and iPhone In Current Release
Offline mode and synch when internet connected In Current Release
Sales tax compliance  
Canadian sales tax compliance In Current Release
US sales tax compliance In Current Release
Reporting/Business Intelligence  
Reporting  
Industry standard reporting tool and can change existing reports or add new ones In Current Release
Ad-hoc reporting (don’t need a programmer) with filtering, sorting and summarizing options In Current Release
Dashboards  
Based on real time updates from all transactions In Current Release
Role specific In Current Release
Configurable dashboards - don't need to be a programmer to create or change dashboard In Current Release
Analytics  
Drag and drop dimensions In Current Release
Visualization/graphic representation of data In Current Release