Certinia ERP Cloud automates financial management on the Salesforce platform. The customer-centric ERP software includes a general ledger, automated billing processes, and financial intelligence.
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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
Certinia ERP Cloud
NetSuite ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Certinia ERP Cloud
NetSuite ERP
Free Trial
Yes
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.
FinancialForce Subscription & Usage Billing has more features, more useability, and manages higher numbers of customers. The systems I have used in the past are easier to navigate but couldn't handle this number of customers.
Infinitely better. We are much happier with FinancialForce ERP rather than Netsuite. This allows us so much more flexibility and growth potential. There is a good chance we will use other functionality of FinancialForce in the future to stay within the same ecosystem. We …
FFA is built on the SalesForce platform, giving us one source of data for our KPIs. Unlike Dynamics, FFA allows us to create custom reports and dashboards through which we can share financial results. We were able to better automate and streamline accounts payable using FFA. …
NetSuite is much better in that it can produce financial statements, has a subscription module, and is just as customizable as FinancialForce. If you have a midsized company, NetSuite may be better suited for your business needs. FinancialForce requires a lot of in-house …
Compared to other accounting software FinancialForce Accounting has its good and bad aspects but overall it is a good option. Reporting directly from FinancialForce Accounting can be difficult to do, but standard accounting tasks are straightforward and not time-consuming to …
The initial allure of FinancialForce Accounting was the fact that we were very happy with Salesforce.com and the ability to integrate FinancialForce Accounting with Salesforce.com easily (although it was time-consuming). But after analyzing its functionality it was also …
Outside CPA was strong proponent of Quickbooks and it was evaluated initially, but size of company, complexity of transactions, eventual move to Salesforce and need for multi-company and multicurrency ruled it out almost from the start. As the only accounting system built …
NetSuite ERP
Verified User
Anonymous
Chose NetSuite ERP
It was familiar to a few people in our organization who primarily use it.
In the past I always had a puzzle to assemble, with regards to data and management & ad-hoc reporting. With NetSuite ERP, as mentioned previously, everything is in one easy to retrieve place, and all the systems are there and cohesive. Although Workday Adaptive Planning and HFM …
For accounts payable , NetSuite far outweighs these other software and ERP platforms that I have used in the past. Speaking from someone with over 25 years accounts payable experience, you want an ERP system that is going to save time money and increase productivity. Exploring …
NetSuite is used for CRM, Inventory Management, Reports, and other business functions. NetSuite helps our company organize information and data. Inventory Management has been much easier to handle with this system, and it's easier to keep track of multiple products.
NetSuite is owned and run by Oracle which is the leader in the ERP market. NetSuite does a good job for middle market companies having much of the same functionality as Oracle for a much lower price. NetSuite compares favorably to other systems and financial software we …
Due to its comprehensive, cloud-based, and highly integrated suite of applications covering financials, CRM, supply chain, and more, providing a single source of truth for business data. Its scalability is a significant advantage, allowing businesses to easily add modules and …
NetSuite ERP is one of the big player in accounting software. I have good working experience with this software. it helps us to do more smart work instead of hard work. Provide more features and making business numbers easy and accurate. Along with that if helps us in many ways …
NetSuite offers a fully integrated solution that includes Finance, CRM, Inventory, Procurement, and Project Management—eliminating the need for multiple disconnected systems.
Other systems like Coupa offers business spend management.
I believe NetSuite ERP has more customizability than Salesforce so you can form it to exactly how you like although you may need more expertise with the platform to do so.
With its robust financial management, global capabilities, and industry-specific features, NetSuite ERP is a complete cloud-based solution that is perfect for expanding, multi-entity enterprises. Although it provides a single platform, it necessitates more training and …
NetSuite ERP is a much more comprehensive accounting ERP software than the other two mentioned. It is designed for bigger organizations who have more complex accounting things to account for. I believe NetSuite ERP is the best ERP system to use for our necessities. The other …
I was not the selector of the vendor for NetSuite ERP, and it is now the interface I am most used to. I would recommend SAP and their full suite of products, currently only using Concur, as I think it has a slightly cleaner and less cluttered interface, however I do not know if …
We don't have the need for an enterprise level solution like SAP, Oracle, or PeopleSoft so NetSuite ERP was a better fit. We had outgrown the functionality provided by our previous ERP system and of the three different solutions that we demo'd, NetSuite ERP checked the most …
Quickbooks is a great tool for startup companies. It provides all the basics; AR, AP, and Financials. However it does not provide anything with regards to advanced modules.
Sage Intacct is actually a very well made ERP system. Our company was considering both NetSuite ERP …
We came from an AS400 system. NetSuite is supremely advanced and more capable than our old system. We initially selected NetSuite for its reporting and analytics capabilities. From there, we looked at its automation and manufacturing capabilities. It has really outclassed our …
We scoped out so many ERP systems, and actually went very deep into launch and integrations with many, until we realized they were not a fit. This was due to currency capacities, global reach, manufacturing and process limitations, etc. We eventually finally bit the bullet and …
NetSuite ERP only offers a cloud model, vs. BC's on-prem and cloud models. However, this is not necessarily a bad thing. If you're deploying on-prem you may find yourself introducing all kinds of needless complexity you later regret. NetSuite ERP came fully-featured and remains …
Nestuite is more suitable for bigger organizations at growth and scale stages with at least two subsidiaries that want to integrate lots of software tools.
Netsuite is way more powerful, but also way more expensive. We chose Netsuite at a time when we thought we wanted our ERP to be the source for almost all data, and were willing to compromise on user friendliness to get there. Netsuite has great modules that are good when you …
Quickbooks is more user friendly and is designed better and really great for smaller businesses however, many companies will end up outgrowing it and need some of the NetSuite ERP functionality. We integrate Maxio with NetSuite ERP and we also integrated it with Quickbooks and …
FFA is a good product if you want the ability to customize functionality and reporting. However, all the setup can be overwhelming if you are looking for an out-of-the-box solution. FFA is a great choice is you are already using Salesforce and want to report on KPIs directly from the source data. There are a lot of applications to help you feed data into the system or export it out in a usable format.
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.
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.
The company has now converted its legacy, "home grown" operations system and built it on the force.com platform, and the integration between it and FinancialForce is deeply entrenched. No other application would be able to replicate this functionality, and the company will be able to scale and leverage the force.com platform as it grows.
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.
Change management is always an issue, but the evidence of the application's usability is that both long-time employees (used to the legacy systems for many years) and newer employees have been able to learn the system and improve their business processes.
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.
Unless the internet is completely unavailable - which has not happened yet - the application is always accessible. Since FinancialForce is built on the force.com platform, it's uptime is tied to Salesforce security and system performance standards
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.
The response time for FinancialForce is exemplary. Immediate acknowledgement of the support request by automatically logging a case/ticket on the provider side, then less than 24-hour follow up by a support team member with specific questions, information or resolution for the issue.
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
Through its Xtra login website available to its customers, FinancialForce offers a complete set of online, video tutorials, training and documentation. Each tutorial is "bite-sized", meaning it imparts instructional, step-by-step information in 2-3 minute narrated videos. For a particular cycle or process, like invoices to payments for example, each tutorial builds on the last so that the user can get a complete picture of the steps and process in less than 10 minutes.
The company decided to run parallel for three months in order to soften the impact of the change from the legacy "system" - which users had been interfacing with for over a decade - to FinancialForce. While not recommended, this did provide time for the in-house "super user" team of 2 people to become completely familiar with the application, and thus provide hands-on training and be a resource for the users who would be processing the daily accounting transactions.
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.
FinancialForce Subscription & Usage Billing has more features, more useability, and manages higher numbers of customers. The systems I have used in the past are easier to navigate but couldn't handle this number of customers.
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.
We moved to a subscription business, and FinancialForce cannot facilitate it. After using FinancialForce for 4 years, we had to switch to NetSuite. We had a negative return on investment with all the resources we used to do in-house development in FnancialForce.
FinancialForce did not have a good way to match payments against invoices, and it was a very manual process. We spent a lot of human hours to get it done.
It was still relatively cheap, so for the 4 years that we used it, the actual cost of the product was what we could only afford at the time.
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.