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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Sparkrock
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Sparkrock’s cloud-enabled solution helps organizations manage their finance and accounting, human resources and payroll, human services case management, and donor and fundraising activities. According to the vendor, key benefits and features include: Finance Management with capabilities to help organizations increase transparency and reduce risk. Workforce Management to help front-line employees deliver services to clients, with tools that help them to be…
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Pricing
NetSuite ERP
Sparkrock
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERP
Sparkrock
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
$50,000 per installation
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.
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More Pricing Information
Community Pulse
NetSuite ERP
Sparkrock
Features
NetSuite ERP
Sparkrock
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
Ratings
147% below category average
Sparkrock
9.4
Ratings
27% above category average
Pay calculation
1.00 Ratings
9.00 Ratings
Benefit plan administration
1.00 Ratings
9.00 Ratings
Direct deposit files
1.30 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.2
Ratings
19% above category average
Sparkrock
10.0
Ratings
27% above category average
API for custom integration
9.20 Ratings
10.00 Ratings
Plug-ins
9.90 Ratings
10.00 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.7
Ratings
17% above category average
Sparkrock
9.5
Ratings
15% above category average
Single sign-on capability
9.70 Ratings
10.00 Ratings
Role-based user permissions
9.80 Ratings
9.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.9
Ratings
31% above category average
Sparkrock
9.0
Ratings
22% above category average
Dashboards
9.90 Ratings
9.00 Ratings
Standard reports
9.90 Ratings
9.00 Ratings
Custom reports
9.90 Ratings
9.00 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
Sparkrock
8.8
Ratings
13% above category average
Accounts payable
8.50 Ratings
10.00 Ratings
Accounts receivable
8.50 Ratings
9.00 Ratings
Global Financial Support
9.90 Ratings
10.00 Ratings
Primary and Secondary Ledgers
9.90 Ratings
10.00 Ratings
Journals and Reconciliations
9.30 Ratings
9.00 Ratings
Configurable Accounting
9.90 Ratings
10.00 Ratings
Standardized Processes
9.90 Ratings
9.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
9.1
Ratings
14% above category average
Sparkrock
9.3
Ratings
16% above category average
Inventory tracking
10.00 Ratings
9.00 Ratings
Automatic reordering
8.90 Ratings
10.00 Ratings
Location management
9.60 Ratings
9.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
9.4
Ratings
18% above category average
Sparkrock
-
Ratings
Pricing
9.90 Ratings
00 Ratings
Order entry
8.20 Ratings
00 Ratings
Credit card processing
8.90 Ratings
00 Ratings
Cost of goods sold
9.50 Ratings
00 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
Sparkrock
9.6
Ratings
25% above category average
Billing Management
8.40 Ratings
9.00 Ratings
Cash and Asset Management
9.90 Ratings
9.00 Ratings
Travel & Expense Management
9.80 Ratings
10.00 Ratings
Budgetary Control & Encumbrance Accounting
8.90 Ratings
9.00 Ratings
Period Close
9.90 Ratings
10.00 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
Sparkrock
9.4
Ratings
21% above category average
Budgeting and Forecasting
6.00 Ratings
10.00 Ratings
Project Costing
6.00 Ratings
9.00 Ratings
Cost Capture
6.00 Ratings
10.00 Ratings
Capital Project Management
4.00 Ratings
9.00 Ratings
Customer Contract Compliance
9.90 Ratings
9.00 Ratings
Project Revenue Recognition
6.90 Ratings
10.00 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
Sparkrock
-
Ratings
Project Planning and Scheduling
8.90 Ratings
00 Ratings
Task Insight for Project Managers
3.30 Ratings
00 Ratings
Project Mobile Functionality
3.00 Ratings
00 Ratings
Definable Resource Pools
3.60 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
82% below category average
Sparkrock
9.3
Ratings
22% above category average
Award Lifecycle Management
3.50 Ratings
9.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
Ratings
71% below category average
Sparkrock
9.6
Ratings
32% above category average
Bids Analyzed and Compared
3.50 Ratings
9.00 Ratings
Contract Authoring
1.90 Ratings
9.00 Ratings
Contract Repository
3.50 Ratings
10.00 Ratings
Requisitions-to-Purchase Orders Integrated
3.60 Ratings
9.00 Ratings
Supplier Management
9.90 Ratings
10.00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.1
Ratings
71% below category average
Sparkrock
-
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
Sparkrock
-
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
Sparkrock
-
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
Sparkrock
9.3
Ratings
27% above category average
Forecasting
8.80 Ratings
9.00 Ratings
Inventory Planning
8.20 Ratings
9.00 Ratings
Performance Monitoring
8.90 Ratings
9.00 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.
For all companies that want to improve the performance of their employees and increase productivity, this software helps all daily business tasks to be executed on time efficiently and smoothly. A very useful program that's why we don't stop using it.
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.
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.
Complete workflow management to keep up to date and orderly the daily activities of employees. Allows for seamless cash flow, invoicing, general ledger, payroll, and inventory.
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
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.
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.
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.
In some cases the system has helped bring efficiencies to our world. The workflow capabilities of Dynamics CRM are extremely functional and helpful.
The learning curve can be challenging for some. Those that are overwhelmed by technology in general can struggle with understanding how the system works and where to find what they need.