What is NetSuite Software?
Overview
NetSuite is an enterprise resource planning (ERP) software developed by Oracle that enables organizations to effectively manage their operations and business processes. It offers powerful tools for managing customer relationships, inventory control, accounting, e-commerce, order management, production, and warehouse management. With its comprehensive suite of applications and cloud-based platform, NetSuite software helps organizations streamline their operations for greater efficiency and improved business outcomes.
What is NetSuite Best for?
NetSuite software is best known for its integrated suite of customizable applications, providing organizations the flexibility to address their unique requirements. Additionally, its cloud-based platform enables businesses to quickly adapt their processes and operations to changes in the marketplace, while ensuring data security and scalability. In comparison, many of NetSuite's competitors either provide limited scalability or offer a separate suite of applications, which require individual integration. It also has advanced analytics capabilities that offer actionable insights into customer behaviors and preferences.
NetSuite Pricing
The software is suitable for a wide variety of business models and industries. Therefore, it also has different Netsuite cost options that serve all company sizes. Customers can license NetSuite software according to their specific industry, company size, and mode of software deployment.
You can choose to license a pre-made industry package or a la carte features. The NetSuite packages are based on the functionality required (ERP, CRM, Manufacturing, Retail, etc.). The packages also include additional modules relevant to each industry. For further Netsuite software pricing details, click the
Get Pricing.
NetSuite Integrations
In addition to the integration between its ERP, customer relationship management (CRM), and e-commerce functions, NetSuite software simplifies integrations with several other applications. The platform offers SuiteCloud Connect, which is a series of packaged solutions. These solutions enable integrations with both on-demand and on-premises software systems valuable for businesses. These include applications such as Salesforce, Google Apps, SAP, etc.
How does NetSuite Work?
After installation, users can get started with NetSuite through the following steps:
- Customize the interface and settings according to your specific requirements.
- Import existing data into NetSuite to retain all important information.
- Connect NetSuite to other company systems, such as accounting software, payment gateways, and e-commerce platforms.
- Test the system once to check that all data is correct.
- Once the system is fully configured, begin using it for live transactions.
- Review and update the system on a regular basis.
You can access a visual walk-through of the software’s functionality by clicking the
Watch Demo.
Who is NetSuite for?
Oracle has designed NetSuite software to be a comprehensive system that is implementable across multiple types of businesses. It is suitable for companies of all sizes, from small to medium enterprises (SMEs) to large conglomerates. It supports a wide range of industries, including:
- Manufacturing
- Retail
- Financial services
- Healthcare
Some of the organizations that can benefit from NetSuite are:
- Small business owners that want to streamline their accounting processes
- Online retailers looking for an e-commerce solution
- Manufacturing companies seeking inventory management options
- Nonprofits requiring donor tracking and data analysis
Is NetSuite Software Right for You?
NetSuite provides seamless integration with third-party applications, comprehensive data visibility, and strong financial planning capabilities for enterprises with complex ERP requirements. Additionally, healthcare providers benefit from its patient tracking features, while education institutions use it to manage student enrollment and other aspects of running the institution. Ultimately, Oracle NetSuite can prove to be valuable to a wide range of businesses and industries.