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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Viewpoint Spectrum
Score 8.5 out of 10
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Viewpoint Spectrum is a cloud-based construction ERP suite with project management, accounting, resource management, and reporting and analytics. Key features include workflow automation and collaboration tools, document imaging and sharing, cost estimating tools, and RFI management tools.
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Pricing
NetSuite ERP
Viewpoint Spectrum
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERP
Viewpoint Spectrum
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
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.
Prospective buyers may contact vendor directly for a price quote.
More Pricing Information
Community Pulse
NetSuite ERP
Viewpoint Spectrum
Features
NetSuite ERP
Viewpoint Spectrum
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
Ratings
147% below category average
Viewpoint Spectrum
5.0
Ratings
36% below category average
Pay calculation
1.00 Ratings
7.70 Ratings
Benefit plan administration
1.00 Ratings
7.00 Ratings
Direct deposit files
1.30 Ratings
8.20 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
Ratings
19% above category average
Viewpoint Spectrum
5.3
Ratings
35% below category average
API for custom integration
9.20 Ratings
5.30 Ratings
Plug-ins
9.90 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
Ratings
17% above category average
Viewpoint Spectrum
8.3
Ratings
1% above category average
Single sign-on capability
9.70 Ratings
9.60 Ratings
Role-based user permissions
9.80 Ratings
7.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
Ratings
31% above category average
Viewpoint Spectrum
3.6
Ratings
67% below category average
Dashboards
9.90 Ratings
7.80 Ratings
Standard reports
9.90 Ratings
3.30 Ratings
Custom reports
9.90 Ratings
2.40 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.9
Ratings
2% above category average
Viewpoint Spectrum
8.9
Ratings
14% above category average
Accounts payable
8.60 Ratings
8.00 Ratings
Accounts receivable
8.60 Ratings
8.00 Ratings
Global Financial Support
9.90 Ratings
9.30 Ratings
Primary and Secondary Ledgers
9.90 Ratings
9.40 Ratings
Journals and Reconciliations
9.30 Ratings
8.70 Ratings
Configurable Accounting
9.90 Ratings
9.20 Ratings
Standardized Processes
9.90 Ratings
9.40 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
Ratings
14% above category average
Viewpoint Spectrum
6.2
Ratings
24% below category average
Inventory tracking
10.00 Ratings
5.10 Ratings
Automatic reordering
8.90 Ratings
6.00 Ratings
Location management
9.60 Ratings
7.40 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
Ratings
18% above category average
Viewpoint Spectrum
7.8
Ratings
1% below category average
Pricing
9.90 Ratings
7.20 Ratings
Order entry
8.30 Ratings
7.20 Ratings
Credit card processing
8.90 Ratings
8.80 Ratings
Cost of goods sold
9.50 Ratings
8.10 Ratings
Order Orchestration
9.90 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.9
Ratings
5% above category average
Viewpoint Spectrum
8.1
Ratings
8% above category average
Billing Management
8.50 Ratings
9.50 Ratings
Cash and Asset Management
9.90 Ratings
8.00 Ratings
Travel & Expense Management
9.80 Ratings
7.00 Ratings
Budgetary Control & Encumbrance Accounting
8.90 Ratings
7.00 Ratings
Period Close
9.90 Ratings
8.80 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.6
Ratings
14% below category average
Viewpoint Spectrum
-
Ratings
Budgeting and Forecasting
6.00 Ratings
00 Ratings
Project Costing
6.00 Ratings
00 Ratings
Cost Capture
6.00 Ratings
00 Ratings
Capital Project Management
4.00 Ratings
00 Ratings
Customer Contract Compliance
9.90 Ratings
00 Ratings
Project Revenue Recognition
6.90 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.1
Ratings
51% below category average
Viewpoint Spectrum
6.7
Ratings
3% below category average
Project Planning and Scheduling
8.90 Ratings
5.00 Ratings
Task Insight for Project Managers
3.30 Ratings
7.10 Ratings
Project Mobile Functionality
3.00 Ratings
7.30 Ratings
Definable Resource Pools
3.60 Ratings
7.20 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
82% below category average
Viewpoint Spectrum
-
Ratings
Award Lifecycle Management
3.50 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
Ratings
71% below category average
Viewpoint Spectrum
7.8
Ratings
12% above category average
Bids Analyzed and Compared
3.50 Ratings
8.80 Ratings
Contract Authoring
1.90 Ratings
8.10 Ratings
Contract Repository
3.50 Ratings
8.10 Ratings
Requisitions-to-Purchase Orders Integrated
3.60 Ratings
6.80 Ratings
Supplier Management
9.90 Ratings
7.30 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
71% below category average
Viewpoint Spectrum
-
Ratings
Risk Repository
3.50 Ratings
00 Ratings
Control Management
1.90 Ratings
00 Ratings
Control Efficiency Assessments
3.50 Ratings
00 Ratings
Issue Detection
3.50 Ratings
00 Ratings
Remediation and Certification
3.50 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.1
Ratings
73% below category average
Viewpoint Spectrum
-
Ratings
Transportation Planning and Optimization
2.80 Ratings
00 Ratings
Transportation Execution Management
2.80 Ratings
00 Ratings
Trade and Customs Management
2.80 Ratings
00 Ratings
Fulfillment Management
9.90 Ratings
00 Ratings
Warehouse Workforce Management
2.50 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
9.4
Ratings
24% above category average
Viewpoint Spectrum
-
Ratings
Production Process Design
8.90 Ratings
00 Ratings
Production Management
8.90 Ratings
00 Ratings
Configuration Management
9.90 Ratings
00 Ratings
Work Execution
9.90 Ratings
00 Ratings
Manufacturing Costs
8.90 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
8.5
Ratings
18% above category average
Viewpoint Spectrum
-
Ratings
Forecasting
8.80 Ratings
00 Ratings
Inventory Planning
8.40 Ratings
00 Ratings
Performance Monitoring
8.90 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
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.
Viewpoint Spectrum would be fine for small to medium-sized companies. It would be great for transitioning from an in-house paper-based process, especially since it's designed with small construction companies in mind. They're making it even easier for smaller companies by offering additional features that you'd normally have to find in other products. However, companies can easily outgrow this system. We have about 15 years of data in the system, over 300 active jobs, and nearly 1,500 employees. In the past 3 years we've noticed slower performance and frequent locks in the system that require intervention from a system administrator. We moved to the cloud about 2 years ago and this has made troubleshooting even more difficult as we don't have the same access that we did before to resolve performance issues.
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.
Subcontract Kiosk can be glitchy - allows subs to overbill on subcontract billing items
Document Imaging can be glitchy - often says users do not have adequate security to view/add documents, but they do - if they sign out and back in, it works fine
At times, support can be lacking - sometimes case responses are delayed or you get an incorrect answer
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.
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.
Some things in Spectrum are NOT that intuitive, but I think knowledge of the software just comes with time. There are still some things I need assistance with in Spectrum but I'm very comfortable with my day to day items now that I've been using it for years. However, if there is something I don't do often or haven't done before, I don't find the software to be that intuitive, I actually find the logic on some things to be a little weird but it's fine once I know how to do it.
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.
For the most part the product is very reliable. Since we are hosted we sometimes have connectivity issues but I would say that is more our ISP than Spectrum.
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.
The support has recently changed. Last year, you could call in and get an immediate response. Now that doesn't seem possible unless you have an urgent situation with access to the software, payroll or payables. I have found that using chat or e-mail works nicely for the most part, but sometimes I feel it would be easier if someone from support would jump on our site and take a first-hand look rather than going back and forth
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
Our trainer was excellent and navigated the time zone differences expertly. She gave us test assignments to complete and was available for questions at any time.
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.
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.
Spectrum, when compared to Simply accounting, is better. It has more options, and it is easy to navigate. Spectrum meets our needs better. Spectrum, when compared to Sage 300 Construction and Real Estate, is better. Spectrum has better connectivity between its project management system compared to Sage 300 Construction and Real Estate. Spectrum, when compared to CMIC, I believe they are equal. CMiC has a better project management system, but Spectrum has an easier accounting system to navigate.
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.
You can grant user specific access which is nice. Project managers do not need all the same modules as Accounting. But Accounting does need access to PM modules as well
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.
Viewpoint Spectrum has allowed us the opportunity to be proactive in analyzing the costs for a project in time to make a difference in the outcome of the project. It has allowed us defense in supporting our communications with the project owners.
Viewpoint Spectrum has allowed us to become more productive with its accounting software and the cohesion between the modules. It has definitely streamlined the processing necessary to account for the business.