NetSuite

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, see the table at the end or click the ‘Get Pricing’ button.

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’ button on this page. 

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

NetSuite Software Features

• Single-platform Business View

Oracle NetSuite software provides a unified view of businesses, helping them make better decisions in less time. The feature provides insight into customer relationships, financials, supply chain management, order fulfillment, and analytics.  

NetSuite's analytics capabilities allow businesses to track performance metrics and historical trends across all departments. This helps businesses identify potential issues quickly and take timely action for improvement. With a single cloud-based platform running the suite of applications, Oracle NetSuite enables businesses to stay ahead of their competition with faster access to insights. 

• Natively Integrated Modules

Oracle NetSuite offers a range of integrated modules that help businesses streamline and optimize their operations. These include financials and accounting, supply chain management, inventory control, customer relationship management (CRM), and order fulfillment.  

With NetSuite's powerful and intuitive dashboard, businesses can access critical data in real-time to make informed decisions quickly. Furthermore, all data within the platform syncs automatically for accuracy and consistency across departments. The native modules also eliminate the need for third-party integrations that may be unreliable.  

• Built for the Cloud

NetSuite software is a true cloud solution that allows businesses to access their applications and data from any device, anytime.  Users can quickly access customer details, financial records, stock inventories, and project management tools.  

Furthermore, Oracle NetSuite utilizes high-end encryption protocols to guarantee confidential and secure data storage. This ensures no unauthorized individual gains access to the system without an authorization grant. With the advanced cloud technology of Oracle NetSuite, businesses benefit from high scalability with no monthly fees or inconvenient hardware installation requirements. 

• In-depth Reporting

An extensive suite of deep reporting capabilities helps businesses uncover key insights. The advanced dashboard allows users to quickly access customer data and sales analytics. Furthermore, users can utilize multiple layers of reporting such as standard, custom, and on-demand reports. These features allow businesses to easily make informed decisions in real time. Moreover, users can conveniently export reports into PDF or Excel formats. These comprehensive reporting capabilities empower businesses with actionable insights that drive their projects forward. 

• Flexible Implementation

Oracle NetSuite is highly adaptable to a variety of business needs. It allows businesses to tailor their system to meet the unique requirements of their organization. Users can easily personalize their system and integrate it with mobile, tablet, and desktop applications for simplified access.  

Moreover, businesses can add key features such as e-commerce integration, customer relationship management, and supply chain management. These advantages combine to create an agile solution designed for maximum flexibility and scalability. With Oracle NetSuite, businesses can quickly adapt to an ever-changing technological landscape.

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. 

NetSuite Software Pricing Details

The following table breaks down NetSuite pricing options according to company/team sizes. You can select the most suitable one following our decision to either license the software or individual features: