We use NetSuite for a variety of purposes, making it super important for our organization. The main uses are around the procurement of inventory, and processing the sale of that inventory. We also use NetSuite to create invoices and process POs.
Pros
It can be used anywhere.
Huge customer base, allowing for easy searches for almost anything.
Easy to find staff with past experience.
Cons
More cost-effective licenses.
Simpler to perform password resets for users.
Likelihood to Recommend
NetSuite is powerful enough to do what we need but still easily managed without a team to maintain.
IPS is a smaller company and we really wanted a totally integrated system so that time seamlessly flows to payroll, accounting, and jobs. We view three main integrated functions that have tremendous overlap as the CRM, ERP and Payroll. NetSuite represented early on this was their Suite Success service with SuitePeople US Payroll. We were a QuickBooks shop having defined most accounting functions as a mini ERP but it was limited to accounting and never automatically touched the large JOB and CRM activities, QuickBooks does have an integrated payroll function that even banks recognize their file format for data exchange. Our goal was to capture work and time and have it flow to jobs, purchases and eventually sales orders and payroll.....with some ability to scale.
Pros
Utilizing the Chart of Accounts, we were quick to catalog and organize our expenses, purchases and costs. NetSuite with its foundations as an ERP has sound accounting practices and fields, categories and displays for all aspects of ERP.
Cons
The payroll module is not fully integrated into the product, we were never told this. In fact NetSuite oursources the payroll to a Ceridian Payroll and Tax engine. This makes payroll a bit distant and harder to use, extra steps involved to even add an employee and pay them. The Ceridian product was supported completely by another team and 4-5 months into the implementation Ceridian sprung on us multiple contracts and forms needing signature, and there was no turning back. Can you imagine being forced into this relationship with NetSuite never exposing it to us as a new customer even from day one!
NetSuite account management never attempted to make our first year equitable for the Ceridian issues that kept coming up. This made the ERP and CRM somewhat un-usable for us as the data was not flowing across the module as Ceridian refused to implement Payroll until the ERP was complete, no idea of parallel processing.
Likelihood to Recommend
Our requirement was to have full integration (no patching or special interfaces) between CRM, ERP and Payroll. NetSuite falls short by having the payroll as an outsourced third party that we never knew or were told of, never mentioned in the NetSuite contract and then surprise!
