NetSuite
Finance & AccountingA cloud ERP for accounting, order management, and financial reporting on one database.
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Most requested features
What buyers replacing NetSuite actually ask for, ranked by how often each feature appears across 0 RFPs.
Must-haves
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Nice-to-haves
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Feature taxonomy
Accounts Payable
- Vendor bill processingRecords and codes an incoming vendor bill for payment.Required by 0 RFPs
- Purchase ordersCreates and tracks a purchase order against a vendor.Required by 0 RFPs
- Vendor paymentsSchedules and issues payment runs to vendors.Required by 0 RFPs
- Approval routingRoutes a bill or purchase order through defined approvers.Required by 0 RFPs
Accounts Receivable
- InvoicingGenerates and sends a customer invoice from an order or contract.Required by 0 RFPs
- Customer paymentsRecords and applies an incoming customer payment to open invoices.Required by 0 RFPs
- Revenue recognitionSchedules revenue recognition across a contract's service period.Required by 0 RFPs
- Dunning managementSends escalating payment reminders for a past-due invoice.Required by 0 RFPs
- Recurring billingGenerates an invoice automatically on a repeating schedule.Required by 0 RFPs
Administration & Security
- SSO with SAMLAuthenticates users through an external identity provider.Required by 0 RFPs
- Role-based permissionsRestricts record and transaction access by assigned role.Required by 0 RFPs
- Audit logsRecords changes to transactions and configuration data.Required by 0 RFPs
- API accessExposes records and transactions through SuiteTalk web services.Required by 0 RFPs
- Custom fields and recordsDefines new fields and record types beyond the standard data model.Required by 0 RFPs
- Sandbox accountProvides an isolated account copy for testing configuration changes.Required by 0 RFPs
- Mobile appApproves transactions and views records from an iOS or Android app.Required by 0 RFPs
CRM
- Opportunity managementTracks a sales opportunity through pipeline stages.Required by 0 RFPs
- Sales order managementConverts a won opportunity into a sales order.Required by 0 RFPs
Financial Reporting
- Custom financial reportsBuilds a financial statement against custom account groupings.Required by 0 RFPs
- Saved searchesBuilds and stores a filtered query across any record type.Required by 0 RFPs
- Consolidated reportingCombines financial results across multiple subsidiaries.Required by 0 RFPs
- Budgeting and forecastingBuilds a budget and compares actual results against it.Required by 0 RFPs
General Ledger
- Chart of accountsMaintains the list of accounts used to classify transactions.Required by 0 RFPs
- Journal entriesPosts manual debit and credit entries to the ledger.Required by 0 RFPs
- Multi-currency accountingRecords and revalues transactions in more than one currency.Required by 0 RFPs
- Period close managementTracks the checklist of tasks required to close an accounting period.Required by 0 RFPs
Inventory & Order Management
- Inventory trackingTracks item quantity and location across warehouses.Required by 0 RFPs
- Order managementProcesses a sales order from entry through fulfillment.Required by 0 RFPs
- Fulfillment managementPicks, packs, and ships items against an open order.Required by 0 RFPs
- Demand planningForecasts item demand from historical sales data.Required by 0 RFPs
- Landed cost trackingAllocates freight and duty cost onto received inventory.Required by 0 RFPs