NetSuite

NetSuite

Oracle
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About

Oracle NetSuite is the world’s leading AI-powered cloud ERP, trusted by more than 42,000 customers worldwide. The platform unifies ERP, financials, CRM, ecommerce, and analytics into one suite, creating a single source of truth for organizations. Its built-in AI doesn’t just predict—it learns from your business data to deliver accurate insights, recommendations, and automation. With NetSuite, companies can streamline accounting, manage global operations, improve customer relationships, and optimize HR processes all from a centralized cloud platform. Its omnichannel commerce tools also help businesses scale by connecting online, offline, and B2B sales seamlessly. By combining scalability, real-time visibility, and AI-driven intelligence, NetSuite empowers organizations to operate smarter and grow faster.

About

Quick Consols is a financial reporting tool for companies and groups that need monthly or annual consolidated accounts. Handles consolidation complexities for groups with multiple year ends, multiple currencies, different charts of accounts and ERP systems with a slice and dice approach to reporting. The app supports partial consolidations. Use our business unit function to create different views of your group, right down to cost centre or profit centre level. Our Analytics module creates visually rich graphs and charts with a slice and dice approach to seeing your consolidated numbers the way you want with a wide range of custom options. Use the financial statements module to prepare your statutory accounts, whether they're annual, half yearly or quarterly using our custom built templates no matter the underlying Accounting Standards you use. Quick Consols is high tech and high touch which means consultants available to assist with your implementation and support.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Growth-focused organizations seeking an AI-driven ERP that unifies finance, operations, commerce, and workforce management on a single, global-ready cloud platform

Audience

Companies looking to automate their consolidation and financial statement function

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

Contact us for information about pricing.
Free Version
Free Trial

Pricing

$500/month
Pricing is based on the size of your group and includes unlimited users and unlimited technical support.
Free Version
Free Trial

Reviews/Ratings

Overall 4.5 / 5
ease 4.4 / 5
features 4.6 / 5
design 4.3 / 5
support 4.5 / 5

Reviews/Ratings

Overall 4.9 / 5
ease 4.9 / 5
features 4.8 / 5
design 4.7 / 5
support 4.7 / 5

Pros & Cons from Real Users

Pros

  • I like its cloud-based architecture, which facilitates secure access to information from anywhere, which is vital for quick decision-making. NetSuite also offers advanced customization, allowing the platform to be tailored to specific business needs. Its automation tools help improve operational efficiency, reducing time spent on manual tasks.
  • NetSuite's e-commerce capabilities allow businesses to seamlessly manage their online presence. It supports functions such as order management, inventory tracking, and customer relationship management in e-commerce.
  • I like NetSuite's ability to provide a complete view of the supply chain. As a user, I can track inventory levels, orders, shipments, and deliveries across multiple locations and channels. This has allowed me to optimize demand planning and production scheduling, which in turn has reduced costs and improved customer satisfaction. I have also found the integrated financial planning and reporting tools very useful. The platform provides a variety of customizable reports on various metrics and dimensions, including revenue, expenses, profitability, cash flow, budgets, and forecasts. These reports can be exported to PDF, Excel or other formats for further analysis or sharing. This has significantly improved our financial planning and reporting processes. NetSuite's automated data entry and integration capabilities are also notable. As a user, I can import data from various sources, such as bank sources, credit card statements, tax authorities or external providers. Plus, NetSuite can be integrated with other tools we use, like Salesforce, Shopify, or Gmail, to streamline workflows and data sharing. This has significantly reduced manual data entry errors and improved data accuracy. As a complete ERP suite, NetSuite covers all the functional areas we need to run our business. We no longer have to switch between different systems or software for different tasks or departments. Everything is in one place and accessible from any device or browser. This has greatly improved the efficiency of our business and reduced the time it takes to complete various tasks. NetSuite's robust features and capabilities have significantly improved our accounting and compliance processes. The platform supports multiple currencies, languages, tax rules, and accounting standards, which has allowed us to conduct business globally with ease. In addition, NetSuite provides audit trails, role-based permissions, and encryption to ensure data security and accuracy.
  • It is versatile and customizable, allowing users to tailor the platform to their specific trading needs and preferences. Users can choose from a variety of modules, create their own user interfaces, integrate with other applications, and generate custom reports and dashboards. It is scalable and flexible, allowing users to add more users and modules as their business grows and changes. Users can also access NetSuite from any device and browser as it is hosted in the cloud. It has strong functionality and features, covering various aspects of business operations and processes. Users can benefit from automation, workflow management, analytics, performance management, revenue management, demand planning, manufacturing, fixed asset management, contract renewal, and more. NetSuite.
  • One of the best applications for managing and tracking inventory details. Easy to store all the financial information for an asset need. Superbly designed and easy to navigate. love it.

Cons

  • Initial implementation can be complex and require significant time, in addition to the need for staff training.
  • Deploying NetSuite can take time, and your organization may experience temporary interruptions during the transition. Proper planning and support are essential for a smooth migration process.
  • NetSuite, while an impressive platform, has its fair share of downsides. One of the most notable drawbacks to using NetSuite is its cost. As a user I have to pay an annual license fee which depends on the number of users and modules I choose. Additionally, there is a one-time implementation fee that covers the installation and configuration of the software. This can make NetSuite an expensive option for small businesses or startups. Also, it requires specialized skills and knowledge to be able to use it effectively and customize it to my needs, which can add to the cost. Another downside to NetSuite is that it can be overwhelming and confusing for first-time users. The platform has many features and options that can be difficult to navigate or understand. This can make it difficult to use and learn, especially for non-tech-savvy users. Also, it has some quirks and limitations that can be frustrating or inconvenient. For example, some fields or reports cannot be drilled down or filtered as I would like, while some processes or transactions require multiple steps or clicks to complete. Some features are also not available or supported by certain browsers or devices. Also, another thing I can't get over is that NetSuite can be slow or unreliable at times. The system can lag or hang when processing large amounts of data or running complex reports. You may also experience downtime or errors due to maintenance or updates. This can significantly affect my productivity and performance, especially when I need to access critical information or data.
  • It becomes expensive and may not be affordable for small businesses or startups. Users must pay an annual license fee based on the number of users and modules they need, as well as a one-time implementation fee. Users may also incur additional costs for customization, integration, training, and support. It is difficult to use and navigate, especially for beginners or non-technical users. Users may find NetSuite overwhelming, complex or confusing at times. Users may also encounter issues with speed, performance, or bugs. It has limited native functionality for some areas or industries, such as transportation or government accounting. Users may need to rely on third-party solutions or customizations to meet their specific needs or requirements.
  • Nothing as of now. I am happy with the service.

Pros & Cons from Real Users

Pros

  • Effective Financial Consolidation: Quick Consols excels in consolidating financial data into coherent income statements and balance sheet reports, making it vital for financial management. Multi-Currency Proficiency: The app efficiently handles transactions in multiple currencies, a crucial feature for businesses operating internationally. It ensures accuracy in financial reporting despite currency variations. Compatibility with Various ERP Systems: Quick Consols integrates seamlessly with different ERP systems, unifying scattered financial data into cohesive reports and reducing the likelihood of manual errors. Intuitive User Interface: The app boasts a user-friendly interface, simplifying navigation and report generation, thereby enhancing user experience. Time and Effort Efficiency: Automation of month-end processes by Quick Consols significantly reduces the time and effort required in financial reporting, freeing up the finance team to focus on strategic tasks. Reliability and Robustness: Quick Consols is described as a robust and reliable tool, essential for any finance team dealing with complex, multi-system financial data.
  • Quick Consols is a brilliant and exceptional tool that helps us stay on top of our cash flow and it helps us manage vendor payments, client payments and optimize cash flow by easily scheduling payments. It has made financial management more easier, smooth and simple. It is more advanced and efficient.
  • With its user-friendly design, automated data consolidation, and real-time updates, Quick Consols completely changed the way I approach financial reporting, saving me time and improving decision-making.
  • By tracking accounts receivable and accounts payable, Quick Consols software helps us stay on top of our cash flow. We can monitor loan outstanding client payments, manage vendor payments, and optimize cash flow by scheduling payments strategically.
  • I'm very impressed that I can easily generate accurate financial reports on the right time with Quick Consols. It's more advanced, easy-to-use and efficient. Quick Consols monthly subscription fee is affordable thus it's cost saving.

Cons

  • Learning Curve: For new users, especially those not familiar with financial consolidation tools, there might be an initial learning curve in understanding how to best utilize all the features of Quick Consols. Dependence on Data Quality: The effectiveness of Quick Consols, like any data consolidation tool, is heavily dependent on the quality of the input data. If the data from various ERP systems is not standardized or clean, it may affect the accuracy of the consolidated reports.
  • Quick Consols does not support mobile application and it lacks a free trial version. Nothing much to mention as a dislike about it.
  • While initial setup needed additional work, once adapted, it was a blessing. Although there weren't many modification choices, eventually offline work was possible.
  • It was difficult to deploy it with our existing system.
  • Quick Consols lacks a free trial version. Again, Quick Consols lacks a mobile app and I do suggest to see more improvements about this.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Oracle
Founded: 1977
United States
www.netsuite.com

Company Information

Quick Consols
Founded: 2017
South Africa
www.quickconsols.com

Alternatives

Alternatives

Talentia CPM

Talentia CPM

Talentia Software
FinAlyzer

FinAlyzer

Beyond Square Solutions

Categories

Categories

Financial Management Features

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Financial Reporting Features

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Accounting Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
CPA Firms
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Payable Features

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable Features

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Billing and Invoicing Features

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Business Management Features

Billing & Invoicing
CRM
Employee Management
Financial Management
Inventory Management
Marketing Management
Order Management
Point of Sale (POS)
Project Management
Purchasing
Scheduling
Time & Expense Tracking
Training Management
Vendor Management

ERP Features

Accounting Integration
Accounting Management
CRM
Dashboard
Distribution Management
Enterprise Asset Management
Financial Management
HR Management
Inventory Management
Order Management
Project Management
Purchase Order Management
Purchasing
Reporting/Analytics
Sales Management
Supply Chain Management
Warehouse Management

Franchise Management Features

Appointment Scheduling
Automatic Re-ordering
Commission Management
Construction Tracker
Contract Management & Signature
CRM
Franchise Intranet
Job Scheduling
LMS / Training
Marketing
Onboarding
Online Store
Reputation Management
Website Manager

Fund Accounting Features

Accounts Payable
Accounts Receivable
Activity Tracking
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Compliance Management
Donor Management
General Ledger
Partnership Accounting
Purchasing & Receiving

Human Resources Features

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

IT Project Management Features

Bug Tracking
Issue Management
Milestone Tracking
Percent-Complete Tracking
Portfolio Management
Prioritization
Product Roadmapping
Requirements Management
Resource Management
Status Tracking
Supports Agile
Supports Scrum
Task Management
Testing / QA Management
Time & Expense Tracking

Inventory Management Features

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Order Management Features

Back Order Management
Catalog Management
Inventory Management
Order Entry
Order Fulfillment
Order Tracking
Recurring Orders
Returns Management
Shipping Management
Special Order Management

Project Management Features

Agile Methodologies
Budget Management
Client Portal
Collaboration Tools
Cost-to-Completion Tracking
Customizable Templates
Gantt Charts
Idea Management
Kanban Board
Milestone Tracking
Portfolio Management
Resource Management
Time & Expense Tracking
Traditional Methodologies

Retail Management Features

Commission Management
CRM
eCommerce
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management

Shipping Features

Air Shipping
Bills of Lading
Container Shipping
Freight Shipping
Ground Shipping
Import / Export
Ocean Shipping
Parcel Shipping
Quotes / Estimates
Shipment Tracking
Warehouse Management

Supply Chain Management Features

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

Warehouse Management Features

3PL Management
Barcoding / RFID
Category Customization
Channel Management
Demand Planning
Inventory Management
Location Control
Order Management
Purchasing
Quality Control
Receiving / Putaway Management
Returns Management
Shipping Management

Financial Management Features

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Financial Reporting Features

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Business Performance Management Features

Ad hoc Analysis
Ad Hoc Reports
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Integrations

BSI EDI
Delivra
Dex
ForwardSales
Forwardly
IBM App Connect
LIVE Connect
Ledge
Lyftrondata
Maxima
MineralTree
OnPlan
Playable
ROLLER
ReturnPro
SaaSGrid
Span Global Services
TaxJar
UNIVERGE BLUE
WAERlinx

Integrations

BSI EDI
Delivra
Dex
ForwardSales
Forwardly
IBM App Connect
LIVE Connect
Ledge
Lyftrondata
Maxima
MineralTree
OnPlan
Playable
ROLLER
ReturnPro
SaaSGrid
Span Global Services
TaxJar
UNIVERGE BLUE
WAERlinx
Claim NetSuite and update features and information
Claim NetSuite and update features and information
Claim Quick Consols and update features and information
Claim Quick Consols and update features and information