Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
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NetSuite ERP
Score 8.1 out of 10
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NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
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Pricing
Microsoft Dynamics GP
NetSuite ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Microsoft Dynamics GP
NetSuite ERP
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
More Pricing Information
Community Pulse
Microsoft Dynamics GP
NetSuite ERP
Features
Microsoft Dynamics GP
NetSuite ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics GP
6.6
Ratings
16% below category average
NetSuite ERP
1.1
Ratings
147% below category average
Pay calculation
6.00 Ratings
1.00 Ratings
Benefit plan administration
7.00 Ratings
1.00 Ratings
Direct deposit files
7.00 Ratings
1.30 Ratings
Salary revision and increment management
7.00 Ratings
00 Ratings
Reimbursement management
6.00 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Microsoft Dynamics GP
7.0
Ratings
9% below category average
NetSuite ERP
9.2
Ratings
19% above category average
API for custom integration
7.00 Ratings
9.20 Ratings
Plug-ins
7.00 Ratings
9.90 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics GP
6.5
Ratings
25% below category average
NetSuite ERP
9.7
Ratings
17% above category average
Single sign-on capability
6.00 Ratings
9.70 Ratings
Role-based user permissions
7.00 Ratings
9.80 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
16% below category average
NetSuite ERP
9.9
Ratings
31% above category average
Dashboards
7.00 Ratings
9.90 Ratings
Standard reports
7.00 Ratings
9.90 Ratings
Custom reports
6.00 Ratings
9.90 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
15% below category average
NetSuite ERP
7.9
Ratings
2% above category average
Accounts payable
6.00 Ratings
8.50 Ratings
Accounts receivable
7.00 Ratings
8.50 Ratings
Cash management
6.00 Ratings
00 Ratings
Bank reconciliation
6.00 Ratings
00 Ratings
Expense management
7.00 Ratings
00 Ratings
Time tracking
7.00 Ratings
00 Ratings
Fixed asset management
6.00 Ratings
00 Ratings
Multi-currency support
8.00 Ratings
00 Ratings
Multi-division support
7.00 Ratings
00 Ratings
Regulations compliance
6.00 Ratings
00 Ratings
Electronic tax filing
7.00 Ratings
00 Ratings
Self-service portal
7.00 Ratings
00 Ratings
Global Financial Support
6.00 Ratings
9.90 Ratings
Primary and Secondary Ledgers
7.00 Ratings
9.90 Ratings
Intercompany Accounting
6.00 Ratings
00 Ratings
Localizations
8.00 Ratings
00 Ratings
Journals and Reconciliations
7.00 Ratings
9.30 Ratings
Enterprise Accounting
6.00 Ratings
00 Ratings
Configurable Accounting
7.00 Ratings
9.90 Ratings
Centralized Rules Framework
6.00 Ratings
00 Ratings
Standardized Processes
7.00 Ratings
9.90 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Microsoft Dynamics GP
6.8
Ratings
8% below category average
NetSuite ERP
9.1
Ratings
14% above category average
Inventory tracking
7.00 Ratings
10.00 Ratings
Automatic reordering
6.00 Ratings
8.90 Ratings
Location management
8.00 Ratings
9.60 Ratings
Manufacturing module
6.00 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics GP
6.7
Ratings
14% below category average
NetSuite ERP
9.4
Ratings
18% above category average
Pricing
6.00 Ratings
9.90 Ratings
Order entry
7.00 Ratings
8.10 Ratings
Credit card processing
7.00 Ratings
8.90 Ratings
Cost of goods sold
6.00 Ratings
9.50 Ratings
Order Orchestration
8.00 Ratings
9.90 Ratings
End-to-end order visibility
7.00 Ratings
00 Ratings
Order exception Resolution
6.00 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
7.9
Ratings
5% above category average
Billing Management
00 Ratings
8.40 Ratings
Cash and Asset Management
00 Ratings
9.90 Ratings
Travel & Expense Management
00 Ratings
9.80 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
8.90 Ratings
Period Close
00 Ratings
9.90 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
6.6
Ratings
14% below category average
Budgeting and Forecasting
00 Ratings
6.00 Ratings
Project Costing
00 Ratings
6.00 Ratings
Cost Capture
00 Ratings
6.00 Ratings
Capital Project Management
00 Ratings
4.00 Ratings
Customer Contract Compliance
00 Ratings
9.90 Ratings
Project Revenue Recognition
00 Ratings
6.90 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
4.1
Ratings
51% below category average
Project Planning and Scheduling
00 Ratings
8.90 Ratings
Task Insight for Project Managers
00 Ratings
3.30 Ratings
Project Mobile Functionality
00 Ratings
3.00 Ratings
Definable Resource Pools
00 Ratings
3.60 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
3.1
Ratings
82% below category average
Award Lifecycle Management
00 Ratings
3.50 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
3.3
Ratings
71% below category average
Bids Analyzed and Compared
00 Ratings
3.50 Ratings
Contract Authoring
00 Ratings
1.90 Ratings
Contract Repository
00 Ratings
3.50 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
3.60 Ratings
Supplier Management
00 Ratings
9.90 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
3.1
Ratings
71% below category average
Risk Repository
00 Ratings
3.50 Ratings
Control Management
00 Ratings
1.90 Ratings
Control Efficiency Assessments
00 Ratings
3.50 Ratings
Issue Detection
00 Ratings
3.50 Ratings
Remediation and Certification
00 Ratings
3.50 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
3.1
Ratings
73% below category average
Transportation Planning and Optimization
00 Ratings
2.80 Ratings
Transportation Execution Management
00 Ratings
2.80 Ratings
Trade and Customs Management
00 Ratings
2.80 Ratings
Fulfillment Management
00 Ratings
9.90 Ratings
Warehouse Workforce Management
00 Ratings
2.50 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
9.4
Ratings
24% above category average
Production Process Design
00 Ratings
8.90 Ratings
Production Management
00 Ratings
8.90 Ratings
Configuration Management
00 Ratings
9.90 Ratings
Work Execution
00 Ratings
9.90 Ratings
Manufacturing Costs
00 Ratings
8.90 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Microsoft Dynamics GP
-
Ratings
NetSuite ERP
8.5
Ratings
18% above category average
Forecasting
00 Ratings
8.80 Ratings
Inventory Planning
00 Ratings
8.20 Ratings
Performance Monitoring
00 Ratings
8.90 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
It does accounting really well, it does payroll not so well. I say this because when you get into states that have complicated payroll laws like California, overtime calculations are hard to setup and get right. Same goes for other states when they do out of the normal pay structure like piece rate pay. It does HR, A/P and A/R really well and we have had no issues on that side; just payroll when it comes to certain states and how we do anything that is not salary or hourly.
NetSuite suits a mid-sized company best where the organization uses multiple currencies in its day-to-day transactions. NetSuite is ready-to-use for businesses that follow financial standards. The more custom business processes there are, the more implementation is required. I would not recommend NetSuite to a large organization due to its performance issues. Additionally, the in-house bank reconciliation tool is not user-friendly for business purposes.
Able to be extended into multiple areas of your business
One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
Customizable Reports and Saved Searches allow much more maneuverability
Elimination Entries that are driven by advanced intercompany journal entries
Journal Entries can be entered in as basic or advanced intercompany to better represent the type of transaction occurred for reporting purposes
Training through the LCS module can help shed knowledge on a range of topics at a self paced learning basis
NetSuite ERP offers to all users a SuiteAnswers platform to pose frequently asked questions with answers generated from a combination of NetSuite ERP experts, users, and more recently AI based.
Having an integration between Project Accounting and Field Service would be amazing! There are so many companies that have service technicians that perform work on a customer's contract but also have a need for project accounting functionality within that customer's contract. Right now those modules are separate so you either need to use one or duplicate some efforts if you need to use both.
Microsoft Dynamics GP could do a better job documenting their new enhancements to the product. They realize great enhancements but the documentation about them, or new products, is lacking so it is difficult as a consultant to know everything a new feature can do for me and my customers.
They could enhance their forecasting capabilities with a new forecasting tool within Management Reporter.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
I am not the decision maker for this but I believe our company will be sticking with NetSuite for the long term. A CRM like this is a big investment and not something you move away from quickly and without a lot of planning. There is a lot of data involved and importing that into a new system is no easy task.
Overall usability of the older model is not quite so user friendly for the basic bookeeper, but at an accountants level we can generate all the necessary reports and create Sales Orders, Purchase orders and invoices - though it is a bit redundant to enter the sales and purchase orders separately instead of being able to convert a sales order directly to a puchase order by applying a price book like the newer versions can.
It's beneficial if you know what you're doing, but it can be very confusing to find what you're looking for, and many things seem overly complicated or require too many steps to accomplish a simple task - which can be overwhelming for someone accustomed to QuickBooks.
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
Implementation was fine but could have gone quicker.
NetSuite provided me a implementation guide who I did not think was very knowledgeable.
I recommend that you make sure the organization knows how they are going to use the software and come up with an implementation plan before importing all of the data.
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
If implemented properly, the product can save many hours of data entry time - specifically by setting up integrations of large data sets.
Many times the underlying business process must be adjusted to accommodate software limitations. By being flexible, a company can leverage their users' skills in combination with GP to make data entry faster and more efficient. I have seen many companies eliminate the need for data entry personnel as well as reallocate employee hours to more skilled positions such as reporting and analytics.
Poor implementations, on the other hand, can cause employees to hate their jobs and the software. This isn't specific to GP but to the software industry in general.
NetSuite ERP data is used for material reporting. That is like balance sheet and profit and loss reporting. It plays a key role in financial data management.
Too many customisation become hard to manage in over a period of time.