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Shiral Soysa - PeerSpot reviewer
Chief Operating Officer at Digital365
Real User
Top 5
The customization options have definitely positively impacted our business workflows but certain analytics features are missing
Pros and Cons
  • "We've set up Jira integration and used robotic process automation (RPA) to streamline various processes, like procurement and invoicing. Some processes still require manual approval, like supplier invoices, but we're simplifying those too. We're also exploring integrating with other tools like Power BI for better data analytics and reporting. Currently, our automation focuses on general tasks, not document understanding or anything complex like that."
  • "Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics capabilities would greatly improve the tool's usefulness for me."

What is our primary use case?

We are using NetSuite OneWorld to manage our nonprofit's finances, focusing on accounts receivable and payable, and fixed assets for now. We're looking to expand its use to cover all our financial aspects, which will help streamline our operations, both locally and internationally. It brings efficiencies and supports our multinational business processes.

What is most valuable?

The customization options have definitely positively impacted our business workflows, especially when it comes to dashboard analysis and management accounting reporting. As for real-time analytics, it's a feature we utilize for making informed business decisions.

What needs improvement?

Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics capabilities would greatly improve the tool's usefulness for me.

What other advice do I have?

While comparing NetSuite OneWorld to other tools I've used like SAP and IFS, I'd rate it a six because certain analytics features are missing that I've come to expect from other systems. If those analytics were more robust, I could potentially rate it higher. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics capabilities would greatly improve the tool's usefulness for me.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Antonio Lira - PeerSpot reviewer
Territory Manager LATAM at LeaseWeb
Real User
Top 5Leaderboard
Processes that previously took hours to complete (such as reviewing a sales order and calculating inventory across warehouses) are now accomplished in minutes.

Agriculture Industry, located in Monterrey Mexico. Applications Replaced: Custom-built legacy applications, Aspel, CONTPAQ, Microsoft SQL Server, Microsoft Access, Microsoft Excel. 

Customer Success: 

Sugar producer Ingenios Santos has dramatically improved business visibility, control and efficiency since migrating from disparate on-premise legacy applications.

Company has streamlined and automated core business processes including sales orders, procurement, multi-location inventory management, order management and fulfilment, customer management and more in a single integrated solution.

Real-time visibility into sugar stock across all five mills enables Ingenios Santos to
optimise production processes and better meet customer demand.

Processes that previously took hours to complete (such as reviewing a sales order and calculating inventory across warehouses) are now accomplished in minutes.

Company has doubled its number of customers since going live on NetSuite.

NetSuite OneWorld global business solution provides management control over subsidiary sugars mills and enables multi-currency transactions in Mexican pesos, U.S. dollar and Euros.

Cloud-based solution provided business continuity and eliminated risk of damage to on-premise systems when a flood shut one mill for a month.

Rich customisability has enabled Ingenios Santos to easily tune NetSuite to meet
unique business demands.

Challenges:

Antiquated on-premise applications offered no standardisation across processes and information.

Ingenios Santos lacked visibility into inventory management and other core processes, inhibiting visibility and forcing guesswork decisions.

Previous infrastructure could not scale to meet company growth objectives and consumed valuable time with tedious data re-entry.

Solution:

Ingenios Santos selected NetSuite over SAP, Microsoft, Oracle and TOTVS as a solution offering better business functionality and ease customisation.

NetSoft, a Mexico-based NetSuite partner that has led more than 60 NetSuite
implementations, implemented the solution on time and on budget.

NetSuite cloud solution provides mobility and business continuity without the high IT maintenance and troubleshooting costs of the previous on-premise system.

"NetSuite has given us a world-class solution with minimal initial investment. A cloud solution has many advantages over an on-premise solution, and there is not a better solution in the cloud than NetSuite." 

Ingenios Santos

Is Netsuite a Complete solution?

The asnwer is "Not Yet", unfortunately Netsuite not contemplate a robust WMS nor Complex Manufacturing production processes solution. Netsuite reported improvements will be made during 2016, So we must wait a bit more.   

Disclosure: My company has a business relationship with this vendor other than being a customer: We've been a NetSuite strategic partner since June 2006.
PeerSpot user
Antonio Lira - PeerSpot reviewer
Antonio LiraTerritory Manager LATAM at LeaseWeb
Top 5LeaderboardReal User

In the time that has passed since I wrote the article, many improvements have been integrated into the Netsuite platform, including the improvement in the supply chain, this has been making the tool more sophisticated, the best of all is that they are integrated under the same contracted value of the functionality.

Buyer's Guide
NetSuite OneWorld
December 2024
Learn what your peers think about NetSuite OneWorld. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
824,067 professionals have used our research since 2012.
Antonio Lira - PeerSpot reviewer
Territory Manager LATAM at LeaseWeb
Real User
Top 5Leaderboard
Affordable solution that improves company operations
Pros and Cons
  • "Embedded business intelligence is a valuable feature. There is also no need to wait for extract functions, and each transaction is reflected in the system dashboards in real time."
  • "Project collaboration through Dashboard Business Management and Relations Management is easy to perform, but it does need to be worked on as it is difficult for customers, suppliers, and internal users to use."

What is our primary use case?

Making Intelligent Dashboards is a great way to use this tool, and it allows the use of reminders and other components such as Charts.

How has it helped my organization?

I’m a NetSuite implementer consultant and have implemented in various organizations, I think the biggest benefit has been providing serious and powerful software to small and mid-sized companies at a cost they can afford and improving their operations, that in the past were not integrated into a single tool.

What is most valuable?

Embedded business intelligence is a valuable feature. There is also no need to wait for extract functions, and each transaction is reflected in the system dashboards in real time. 

What needs improvement?

Project collaboration through Dashboard Business Management and Relations Management is easy to perform, but it does need to be worked on as it is difficult for customers, suppliers, and internal users to use.

For how long have I used the solution?

I have been using this solution for over 10 years.

How are customer service and support?

Customer Service:

The service level with NetSuite is contract-based, some customers who contract the services obtained very good results, but those who have a contract basic service level have good results but see them a few days later.

Technical Support:

Technical support is a sensitive issue in Mexico, there are NetSuite partners across the country, but the lack of well-trained people is still a major unresolved issue. All technical knowledge in Mexico is concentrated in three partners throughout the country.

Which solution did I use previously and why did I switch?

I used to be a traditional computing ERP (Prodstar-2, X3, X5, SAP R / 3, JDEdwards) implementer, often billing very well. I am convinced that cloud computing is a trend that we will not be able to avoid. It allows organizations to dramatically reduce their operating costs, and make them more profitable. This is why I decided to become a cloud integrator.

How was the initial setup?

It is really the simplest ERP tool that I set up. I think it is medium complexity because I know NetSuite well and understand the requirements as well.

What about the implementation team?

I worked with two partners in Mexico and have had a partial share with two others, they definitely all have different competitive advantages that should be assessed, and there are complex combinations of price and capabilities of their team.

What was our ROI?

We've seen a 30% ROI on average.

What's my experience with pricing, setup cost, and licensing?

Properly sizing the number of users that will need in the medium term, can generate savings in licensing that NetSuite can respect for several years. Prices vary depending on the type of organization, and implementation services depend on the experience and prestige of implementing NetSuite as a partner.

Which other solutions did I evaluate?

We competed with many ERP solutions. The main competitor is SAP BusinessOne, a midrange ERP like MS Dynamix. The advantage in several projects was not spending on hardware or specialized personnel.

What other advice do I have?

As a small and mid-size enterprises tool, usually in Mexico and Latin America, NetSuite customers migrate from very small systems, and suddenly their operations become more complex, if data migration and training issues are not well taken, implementation experience can turn into very complex and time-consuming problems; validate your NetSuite Partner references of past projects, also check credentials of performing implementation personnel that will assist you.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Director of Finance at a construction company with 51-200 employees
Real User
Allows leadership to make high level decisions
Pros and Cons
  • "The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions."
  • "Needs time entry for billable employees."

How has it helped my organization?

The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions.

What is most valuable?

  • Resourcing
  • Financial
  • Reporting
  • Project tracking
  • Executive dashboards

What needs improvement?

Time entry for billable employees.

For how long have I used the solution?

One to three years.

What do I think about the stability of the solution?

Not really.

What do I think about the scalability of the solution?

Not really.

How are customer service and technical support?

I would rate technical support as a six to seven out of 10.

Which solution did I use previously and why did I switch?

We used Workamajig. We switched because it could not handle our ERP needs

How was the initial setup?

The initial setup was both straightforward and complex. We added a lot of custom fields which created our own complexities.

What's my experience with pricing, setup cost, and licensing?

Good solution for the price, but hire a skilled project manager to handle the technical setup.

Which other solutions did I evaluate?

We evaluated Intacct, FinancialForce, and Microsoft Dynamics AX.

What other advice do I have?

Hire a very skilled project manager with development skills.

Disclosure: My company has a business relationship with this vendor other than being a customer: We are on the Customer Advisory Board.
PeerSpot user
Director of Information Systems at a energy/utilities company with 51-200 employees
Real User
Cloud access enables our distributed workforce to collaborate
Pros and Cons
  • "Utilizes best practices that are simple to implement."
  • "Some entities are not available for multiple subsidiaries, which requires duplication."

How has it helped my organization?

Cloud access enables our distributed workforce to collaborate.

What is most valuable?

Basic accounting and finance: order to cash, procure to pay, and reporting. Utilizes best practices that are simple to implement.

What needs improvement?

Not every field is queryable. Some entities are not available for multiple subsidiaries, which requires duplication.

For how long have I used the solution?

Three to five years.

What do I think about the stability of the solution?

Some slower server response times have been encountered.

What do I think about the scalability of the solution?

Does not support large number of locations without performance issues. Locations above 25 and up to 100 require special permission, and this has slowed down performance. 

How are customer service and technical support?

Technical support is average to good.

Which solution did I use previously and why did I switch?

Yes, we had a previous solution. We wanted a more robust solution which was cloud-based.

How was the initial setup?

The initial setup is pretty straightforward.

What's my experience with pricing, setup cost, and licensing?

Measure twice, cut once.

Which other solutions did I evaluate?

SAP, Intacct, and Microsoft Dynamics 365; among others.

What other advice do I have?

Negotiate pricing, implement support with thorough the requirements documentation, and designate an internal training manager in lieu of opting for NetSuite training. Their training package is templated, which is not very helpful and not repeatable. Also, consider opting out of NetSuite's support packages despite the strong case they will make. If you have a capable in-house administrator, NetSuite's support will be a waste of money. 

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
it_user783078 - PeerSpot reviewer
NetSuite Administrator and DBA at a marketing services firm with 501-1,000 employees
Real User
Very flexible solution with almost limitless options for customizations and integrations
Pros and Cons
  • "Allows us to use it the way we need to instead of changing our needs and processes to fit the product."
  • "The Project Management User Interface is lacking."

What is most valuable?

Highly customizable: Allows us to use it the way we need to instead of changing our needs and processes to fit the product.

How has it helped my organization?

Improved our ability to manage projects, budget, related expenses, and accurately bill our customers for time and materials. Also, we improved our reporting ability considerably.

What needs improvement?

The Project Management User Interface is lacking. The UI could use an update to make it more user-friendly. Multi-subsidiary features could be improved to make the accounting process easier.

For how long have I used the solution?

Three to five years.

What do I think about the stability of the solution?

This is a cloud-based solution. We had a few instances where the system was not available, but the vendor is always very quick to respond and fix.

What do I think about the scalability of the solution?

Not so far.

How are customer service and technical support?

Tech support is very good. If the support rep does not know the answer, they are very quick to escalate to the right group. They have excellent documentation and assist with customizations.

Which solution did I use previously and why did I switch?

Our old solution did not meet our needs anymore. It was very difficult to report and handle accounting functions on it. Also, we were unable to support international expansion.

How was the initial setup?

The setup was very complex, because we have very complex requirements, especially in accounting. A business with simple requirements could be up and running very quickly.

What's my experience with pricing, setup cost, and licensing?

Consider the roles of the employees who will use NetSuite and identify any groups who will only utilize the employee center. These licenses are cheaper and will reduce costs significantly.

Which other solutions did I evaluate?

Yes, Salesforce and Intacct.

What other advice do I have?

The product is very flexible with almost limitless options for customizations and integrations. Having said that, Accounting is its main focus, so it is lacking in features when used for project management or support cases which are out-of-the-box. Overall, it is a great product for someone who wants to have a single system that handles all aspects of the business and does a great job making information visible across the company.

Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user
Veerender Kumar - PeerSpot reviewer
Product Owner at Software Technology
Real User
Top 20
Scalable, stable, and responsive technical support
Pros and Cons
  • "The solution is scalable."
  • "The solution could improve by having more integration."

What is our primary use case?

NetSuite OneWorld is a cloud-based solution.

What needs improvement?

The solution could improve by having more integration.

For how long have I used the solution?

I have used NetSuite OneWorld within the past 12 months.

What do I think about the stability of the solution?

NetSuite OneWorld is stable.

What do I think about the scalability of the solution?

The solution is scalable.

We have approximately 1,000 users using this solution in our customer's company.

How are customer service and support?

The technical support is very good. We also have local support here in India.

How was the initial setup?

The installation is straightforward and it took more than one and a half hours.

What about the implementation team?

I did the implementation of the solution myself. We have a team of approximately five people who do the maintenance and support of the solution.

What other advice do I have?

I would recommend this solution to others.

I rate NetSuite OneWorld a seven out of ten.

Which deployment model are you using for this solution?

Public Cloud
Disclosure: I am a real user, and this review is based on my own experience and opinions.
PeerSpot user