NetSuite ERP
Last Updated
Key Takeaways
Generated from the text of customer reviews
Our Verdict
NetSuite ERP Specifications
- Financial Management
- Inventory Management
- Customer Relationship Management
- Supply Chain Management
NetSuite ERP Features
Enterprise Performance Management
The platform provides budgeting, forecasting, financial close, and reporting into one process. Finance teams can build plans, compare actual results with budgets, and model different business scenarios. It also supports account reconciliation, profitability analysis, and detailed financial reporting and helps organizations manage financial planning or performance.
Inventory Management
The software allows teams to track quantities, availability, and stock movements across locations. Inventory controls can support reorder points, safety stock levels, and demand-based replacement to help prevent shortages or excess stock. This makes it easier to maintain appropriate inventory levels and meet customer demand.
Warehouse Management
NetSuite ERP software provides warehouse teams with tools for receiving, putaway, picking, packing, and shipping goods. Its mobile workflows and barcode scanning help staff record warehouse activity and reduce manual entry or mistakes when picking items. Warehouse managers also monitor inventory movements and fulfillment activities for organized warehouse operations.
Procurement Management
This feature helps purchasing teams manage requisitions, purchase orders, approvals, and supplier information in a structured workflow. Buyers can track purchasing activity, spending, and maintaining records of vendor transactions. Automated purchasing steps can reduce repetitive administrative work and give finance teams visibility into commitments and procurement activity.
Supply Chain Management
The system connects planning activities across demand, supply, inventory, and fulfillment altogether. Businesses prefer demand planning to estimate future requirements and align supply with expected orders and inventory levels. It also helps teams respond to changes in demand and coordinate supply management effectively.
Pros And Cons of NetSuite ERP
Pros
Centralizes financial and operational records
Offers customizable dashboards and saved searches
Provides real-time reporting across business functions
Automates inventory reordering and tracking
Supports multi-entity financial management
Cons
Custom reports require technical knowledge
Occasional workflow automation failures occur
Software performance can sometimes become slow
NetSuite ERP Reviews
Total 318 reviews
4.5
All reviews are from verified customers
Rating Distribution
5
Stars63%
4
Stars29%
3
Stars8%
2
Stars0%
1
Stars1%
Share your experience
Machinery, 101-500 employees
More than a year
“good ERP foundation”
Pros
NetSuite gave our company the ERP infrastructure we needed to modernize our systems and better support a growing business.
Cons
Getting it up and running at the beginning was fairly challenging and took a lot of time and we also ended up needing extra training afterward.
Rating Distribution
Ease of use
10
Value for money
8
Customer Support
9
Functionality
9
Accounting, 101-500 employees
More than a year
“Easy to use, simple to train”
Pros
It has been very user friendly in my experience and it's easy to train other team members on. I have gone through three separate NetSuite implementations across three different organizations and it has worked well each time.
Cons
Customer support can be inconsistent at times. If you need more in-depth help, you usually have to pay extra for it as otherwise, you're limited to working through the ticketing system.
Rating Distribution
Ease of use
10
Value for money
9
Customer Support
8
Functionality
8
Investment Management, 1-10 employees
More than a year
“reliable ecommerce growth platform”
Pros
NetSuite brings together a powerful set of modules that make it a strong all in one choice for launching and scaling an e-commerce business. Its standout piece, the inventory management system, integrates effortlessly with online stores, marketplaces and even your own POS setup. Order handling and warehouse operations run nearly without issues. It also starts at a reasonably affordable price, with costs rising step by step as the business expands which feels like a fair arrangement.
Cons
Well the company seems to be moving in the right direction with its overall vision. A lot of processes can be optimized through workflows, scripts and extensions. It's also possible to grow the business model further into marketplaces and brick-and-mortar retail.
Rating Distribution
Ease of use
10
Value for money
10
Customer Support
10
Functionality
9
Frequently Asked Questions
What language does NetSuite ERP support?
NetSuite ERP primarily supports various languages like Brazilian Portuguese, Spanish, English, Simplified Chinese, Traditional Chinese, Hindi, Indonesian, Japanese, French, German, Italian, Dutch, Thai, and Vietnamese.
What other apps does NetSuite ERP integrate with?
Information about third-party integrations has not been specified by the vendor.
Does NetSuite ERP offer an API?
Yes, NetSuite ERP offers an API.
What level of support does NetSuite ERP offer?
The vendor offers support through phone, live chat, email, and resource center.
What types of pricing plans does NetSuite ERP offer?
NetSuite ERP price starts at approximately $45,000–$120,000/year. It is available at an annual license fee, and total cost depends on core NetSuite platform, optional modules, and number of users. Get a detailed NetSuite ERP cost breakdown tailored to your specific requirements.
Does NetSuite ERP have a mobile app?
Yes, NetSuite ERP offers a dedicated mobile app for Android and iOS users.
Who are the typical users of NetSuite ERP?
NetSuite ERP features are used by organizations across industries like manufacturing, nonprofit organizations, healthcare, financial services, consumer goods, and consulting and IT services.