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NetSuite Financial Management

4.0
(18)

NetSuite's financial management solution expedites daily financial transactions, accelerates the financial close and ensures compliance.

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NetSuite Financial Management Reviews

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Showing 18 NetSuite Financial Management reviews
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NetSuite Financial Management review by Virginia W.
Virginia W.
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"Easiest tool that i have ever used on invoicing with great user interface."

What do you like best?

Great user interface which makes it easy to invoice the customers in the company.

It enables the company to add or remove the tax automatically thus ensuring efficieny when collecting the tax for the company.

Easy to track all the invoices the company have ever recieved or sent to the customers and the suppliers thus ensuring to track the income and the balance sheet of the company.

Very straightforward functionalities made us to prefer the program which i had used in the previous company that i was working for before going for green pasture.

What do you dislike?

Its difficult to find a good consultant who can set up the connection correctly but when setup it run smoothly without difficulty.

Recommendations to others considering the product

I would recommend company that deals with suppliers and customers at the same time to implement the programs since it helps in tracking all the company invoices in a easier way since it have a good user interface.

Very reliable with data access since the data is stored in the cloud thus the user can access data whenever he/she needs thus promoting effiency in service delivery within the company.

What business problems are you solving with the product? What benefits have you realized?

Great invoices comes from the system which the users are happy with and the ability to track them helps in financial management of the company and makes the accountants work easy and efficient.

Very secure since it have permissions on which data the user can access depending on the role in the company.

Data is in the cloud thus the user can access whenever in need thus very convinient.

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NetSuite Financial Management review by Executive Sponsor in Computer Software
Executive Sponsor in Computer Software
Validated Reviewer
Verified Current User
Review Source
content

"Clear Data On Time and In Real Time Allowed For Better Business Decisions"

What do you like best?

I love the dashboards and the fact that I could customize reports according to the data that I need to analyze.

What do you dislike?

The set-up can be tedious and requires a solid solutions integrator who would understand and be able to make the set-up future-proof as well.

Recommendations to others considering the product

If you require data to be clear and real time, NetSuite is a good solution. However when doing migration, make sure that your data is accurate and properly organized before moving into the new system. If you import garbage into Netsuite, you will also end up with garbage data. Clean up before moving over.

What business problems are you solving with the product? What benefits have you realized?

Our data was unclear. I was always questioning if the numbers were accurate. Our finance was often correcting figures in our old system. I did not like that the numbers did not seem to be transparent. With Netsuite, I can now trust the data to be accurate and I can make decisions better because the numbers I am working with are real and clear.

What Accounting solution do you use?

Thanks for letting us know!
NetSuite Financial Management review by User in Financial Services
User in Financial Services
Validated Reviewer
Verified Current User
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content

"Easy to use with great functionality and awesome technical support."

What do you like best?

Anytime we come across an issue, their technical support is 24/7 and they are very helpful. Especially comes in handy at the end of the month when we are closing our books and come across something that needs to be fixed right away.

What do you dislike?

Their Fixed Asset Management isn’t very straight forward. There are certain rules such as you have to link an asset to a bill otherwise the GL wont pick it up. They need to walk you through the FAM step by step in order for you to understand.

What business problems are you solving with the product? What benefits have you realized?

We are currently streamlining our PO and Vendor Bill approval process. The developers are making it more efficient for the managers to approve the invoices right through their email that NetSuite automatically sends when a Bill is entered into the system.

NetSuite Financial Management review by Grant N.
Grant N.
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"Excellent and intuitive financial package"

What do you like best?

Highly functional with all the bells and whistles you expect and need from a financial package to run your business. Well supported with a vast community. Delivered from the cloud in an intuitive and easy to navigate interface.

What do you dislike?

Haven't found anything yet that I dislike.

Recommendations to others considering the product

Great product, take the time to work with the consultants that implement the system. Engage other departments and walk through all the business processes and workflow that needs to happen between departments on the finance side. Spend time planning out and testing any integrations before you make them and you will and up with a great result.

What business problems are you solving with the product? What benefits have you realized?

We moved from a cash basis on Quickbooks to an accrual basis on NetSuite.

NetSuite Financial Management review by User
User
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content

"Daily Business Ease"

What do you like best?

This software is great because it is cloud-based and expedites financial transactions by keeping everything collaborated, plus it has a two-day course that breaks down operations so you can easily find your comfort zone.

What do you dislike?

It has a significant variety of industries it supports, however it the software does not support public and higher education or construction industries yet, which is a major downfall.

Recommendations to others considering the product

Double check that your industry is covered by the application and integrations offered with this software prior to purchasing it.

What business problems are you solving with the product? What benefits have you realized?

NetSuite has helped me with its CRM and Issue Tracking for Customer Support application by easily keeping a running tab of positive and negative customer issue outcomes and juxtaposing them to each other for long-term evaluations and comparisons, which has assisted my business in restructuring SOPs for certain departments.

NetSuite Financial Management review by User in Marketing and Advertising
User in Marketing and Advertising
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Verified Current User
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content

"Simple to use once learned"

What do you like best?

I like that NetSuite is customizable. You can add or take away any setting you don’t need. The searches are great for pulling financial information, but I wish there were easier trainings to learn how to do so.

What do you dislike?

Any customization that needs assistance from your NS team, will probably cost an arm and a leg. Their trainings aren’t all so beginner friendly and I wish that the

What business problems are you solving with the product? What benefits have you realized?

The benefits of NetSuite are that you get something totally customizable to your company and business.

NetSuite Financial Management review by User in Marketing and Advertising
User in Marketing and Advertising
Validated Reviewer
Review Source
content

"Great Product"

What do you like best?

NetSuite makes it easy to request, approve, and receive on purchase orders from multiple users. It allows users to upload quotes, which then can be cross referenced when items are received to verify price and quantities are the same for budget purposes. The same system is in place for expense reports, which makes it easy for users to track their reimbursements.

What do you dislike?

The inability to search through purchase orders for item fields to see what the last price was or who an item was purchased from. The search capabilities are limited in their function.

What business problems are you solving with the product? What benefits have you realized?

We are able to track purchase orders and verify them for accounting purposes. These functions work wonderfully for a multi location business.

NetSuite Financial Management review by Consultant in Accounting
Consultant in Accounting
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Business partner of the vendor or vendor's competitor, not included in G2 scores.

"NetSuite Setup Consultant"

What do you like best?

I am a NetSuite Implementer, Power user and Accountant, moving clients to NetSuite from QuickBooks , Sage and a few others.

What do you dislike?

Lucky thing I worked on various projects at client that had it so i could get familiar with it, because its very pricey and difficult to find any training at a reasonable price

Recommendations to others considering the product

Size of your organization, modules needed

What business problems are you solving with the product? What benefits have you realized?

Much more power, customized financials, much more robust system that can be set up for the way you work. Ability for clients to access all of there apps in the cloud. All applications can connect to one another.

NetSuite Financial Management review by Chris T.
Chris T.
Validated Reviewer
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content

"Powerful ERP with a ton of capabilities"

What do you like best?

Netsuite has a ton of offerings as an ERP to help you manage your business, and is extremely customizable.

What do you dislike?

Sometimes Netsuite's automated processes can make visibility a little more complicated than I would like. For example, advanced revenue recognition results in a loss of easy visibility of the sales hitting revenue.

What business problems are you solving with the product? What benefits have you realized?

Accounting system/ERP, advanced revenue recognition, contract management

NetSuite Financial Management review by David M.
David M.
Validated Reviewer
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content

"Robust features with a complicated interface"

What do you like best?

Essentially everything is customizable. We had a lot of custom sections that integrated nicely into the platform.

What do you dislike?

Clunky interface requires a steep learning curve.

What business problems are you solving with the product? What benefits have you realized?

NetSuite allowed us to integrate everything into the central hub. It was convenient to blend everything into one ERP.

NetSuite Financial Management review by User in Human Resources
User in Human Resources
Validated Reviewer
Verified Current User
Review Source
content

"Netsuite rocks!"

What do you like best?

Very intuitive, accurated and assists with all of my billiing processes

What do you dislike?

Experiencing crashes during billing. Probably caused by my intenet connection.

Recommendations to others considering the product

You will find it intuitive and helpful for al of your accounting needs.

What business problems are you solving with the product? What benefits have you realized?

Billing remote clients, running reports

NetSuite Financial Management review by Administrator
Administrator
Validated Reviewer
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"Way more expensive than I thought. "

What do you like best?

Online non server access. Ease of use for new staff

What do you dislike?

Very expensive. Everything is al la carte pricing and before you know it you’ 20% over budget with things you didn’t realize cost extra

Recommendations to others considering the product

Make sure you know what all cost extra and you get no support after implementation unless you buy extra

What business problems are you solving with the product? What benefits have you realized?

It’s an update so many features like ach and automation of bank recons are great

NetSuite Financial Management review by Administrator
Administrator
Validated Reviewer
Verified Current User
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content

"Simple Interface"

What do you like best?

I love the simpleness of its interface and it's very user-friendly.

What do you dislike?

There is nothing that I dislike at the moment.

What business problems are you solving with the product? What benefits have you realized?

I am able to create a budget forecast and compare them to actuals.

NetSuite Financial Management review by User in Information Technology and Services
User in Information Technology and Services
Validated Reviewer
Review Source
content

"Simple and easy to use "

What do you like best?

I think the system is pretty simple once you are in it but it helps to have someone guide you through the process first.

What do you dislike?

What’s hard sometimes is transitioning back and forth from the employee site to the payment approval site all within my own login.

What business problems are you solving with the product? What benefits have you realized?

I haven’t solved problems but have been more of a general user for payment approval.

NetSuite Financial Management review by User in Consumer Services
User in Consumer Services
Validated Reviewer
Review Source
content
Business partner of the vendor or vendor's competitor, not included in G2 scores.

"Easy experience "

What do you like best?

was used at a call center setting for all information regarding tax forms, easy to use and had virtually no trouble

What do you dislike?

Only problem I did have is when I what to reset my password, had to go through HR at work and took WEEKS

What business problems are you solving with the product? What benefits have you realized?

Utilized to manager any tax information, like your dependents

NetSuite Financial Management review by User in Accounting
User in Accounting
Validated Reviewer
Review Source
content

"NetSuite is complex "

What do you like best?

I like how Netsuite has many customization tools. All accounting related functions are smooth.

What do you dislike?

The help page and support is a challenge. All questions take hours to resolve.

What business problems are you solving with the product? What benefits have you realized?

We have implemented this software which has helped us minimalize paper and allow orders to be streamlined.

NetSuite Financial Management review by User
User
Validated Reviewer
Review Source
content

"Very Intuitive"

What do you like best?

I love how intuitive this product is, it helps with all processes within the finances function

What do you dislike?

Nothing, don't change a thing. It's so easy to use.

Recommendations to others considering the product

Don't hesitate on this product!

What business problems are you solving with the product? What benefits have you realized?

Accounting, finances, statements, tracking, audit, etc.

NetSuite Financial Management review by Consultant in Information Technology and Services
Consultant in Information Technology and Services
Validated Reviewer
Review Source
content

"Good tool for project budgeting and forecasting"

What do you like best?

I like it's feature where it shows how much hours are left in a project.

What do you dislike?

Pulling reports is sometimes too cumbersome

What business problems are you solving with the product? What benefits have you realized?

We can pull reports and charts and find anomalies very easily

Kate from G2

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* We monitor all NetSuite Financial Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. Validated reviews require the user to submit a screenshot of the product containing their user ID, in order to verify a user is an actual user of the product.