About NetSuite
What is NetSuite?
NetSuite is an all-in-one cloud business management solution that helps more than 36,000 organizations operate more effectively by automating core processes and providing real-time visibility into operational and financial performance. With a single, integrated suite of applications for managing accounting, order processing, inventory management, production, and supply chain and warehouse operations, NetSuite gives companies clear visibility of their data and control of their business.
Who uses NetSuite?
NetSuite is used by more than 32,000 customers across 200+ countries. Ideal for rapidly growing companies of any size in any industry needing a foundational financial management system that can scale and adapt as the business expands. From start up to IPO to global expansion, NetSuite supports every stage of your business journey.
How do you use NetSuite?
NetSuite is a cloud-based system, which can be accessed through an internet connection. There is no additional hardware, software installations or downloads necessary to use the software. Role based dashboards provide a quick and easy way to get real time information to help run the business.
How much does NetSuite cost?
Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules, and the number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users.
Does NetSuite have an app?
Available for IOS and Android, NetSuite’s mobile app is designed with a mobile-first UI for key workflows and support push notifications for time sensitive actions, allowing users to streamline work on the go.
NetSuite pricing
NetSuite does not have a free version.
Alternatives to NetSuite
ReliaSale
NetSuite Reviews
Feature rating
- Industry: Information Technology & Services
- Company size: 10,000+ Employees
- Used Weekly for 2+ years
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Review Source
With NetSuite, we'll be able to expand our business
I highly recommend NetSuite. It provides everything a manufacturer, no matter how big or little, might want. With NetSuite, we have room to expand as we progress. We're currently still using manual stock counts but are making moves toward a barcode scanning system.
Pros
Our firm outgrew QuickBooks, which was the business challenge that NetSuite addressed. Consequently, we are currently focused on becoming proficient in NetSuite as soon as possible. As a result, I am spending a lot of time teaching and creating systems for use by other salespeople.
Cons
Estimating the cost of an assembly by looking only at the BOM. The most up-to-date information must be calculated and made available. It's simple to figure out the gross margin. Our earnings are based on a margin, and the numbers shift during the day.
Response from Oracle
Thanks for taking the time to leave a review, Courtney! If you haven't already done so, feel free to check out our NetSuite Customer Community. https://community.oracle.com/netsuite
- Industry: Banking
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
Great product for a Small / Medium Bussiness
Since I have experience in implementing ERPs, it was fairly easy to implement and train the personnel, after a few months the company runs smoothly and with great KPIs.
Pros
- It was very standardized and easy to implement in the company once we know what we needed
- Specific modules help you focus on the company's needs
- Data Management is robust, allowing to have a clean Data Base
- Oracle provides an excellent customer service
- We didn't need many it specialists to implement the ERP
Cons
- Price is high
- Being standardized not allow for much customization
- Sometimes adding another module is difficult because the tools is a little strict
- Tool is weak for specialized industries such a manufacturer, warehouse and specialized technical business.
Alternatives Considered
SAP S/4HANA CloudReasons for Choosing NetSuite
We needed better integration and customer support.Switched From
OdooReasons for Switching to NetSuite
I knew NetSuit which improve my project to succedd- Industry: Automotive
- Company size: 11–50 Employees
- Used Daily for 1+ year
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Review Source
NetSuite Works
NetSuite has allowed us to streamline our processes and made all of our employees more efficient.
Pros
I like the fact that NetSuite allowed us to consolidate all of our processes to one software. Prior to NetSuite we had to work in several different types of software, which required clunky integrations and double work.
Cons
We do not have any cons with the actual NetSuite software. It does all that we need and has the capacity to do anything that we are planning on doing in the future.
Alternatives Considered
Dynamics 365 Business CentralReasons for Switching to NetSuite
We felt that NetSuite was a better fit for our business.Response from Oracle
Thanks for taking the time to leave a review, Adam! If you haven't already done so, feel free to check out our NetSuite Customer Community. https://community.oracle.com/netsuite
- Industry: Retail
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Netsuite Experience - It's nice to have all your info in one place
Overall, I do like Netsuite. There are moments that it is frustrating, but I love that we have most of our information in 1 system. It makes it so much easier when you have multiple stores and websites. We have had some features we have added on through other vendors, but for the most part, our employees can find what they need by looking in our Netsuite system, without having to look in multiple products. That convenience is worth a lot to me.
Pros
I like that everything is in one location. We aren't having to export all of our inventory to a separate system, in order to have a website. It makes it so much easier for all of our employees, rather that having to log into multiple systems, to get real time information about inventory, orders, etc.
Cons
The product that we use for our website, SiteBuilder, is really in need of updates. My understanding, is that a lot of customers are still using this, but it is considered "deprecated", so it no longer gets updates. The problem is, that the other website platforms that you can upgrade to within Netsuite, are very difficult to customize. We have been told that the new "midrange product", really can't be customized at all. Suite Commerce Advanced, the top level product, would solve some of the issues we have with SiteBuilder, however, it is EXTREMELY expensive. Just the implementation costs are huge, but everyone we talked to when considering switching to the product, said that there isn't a real upgrade path. As new versions come out, you really have to re-implement your website. Since it is supposedly difficult to modify on your own, that means more implementation costs as new versions come out. Because of this, we have opted to stay with SiteBuilder, and work with 3rd party vendors, to try to get us some of the features that SiteBuilder is lacking. Although we do run into issues, overall, this has been working for us, and allowing us to keep everything in one system, which is very important to us.
- Industry: Health, Wellness & Fitness
- Company size: 201–500 Employees
- Used Daily for 2+ years
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Review Source
NetSuite Review
It was been a good experieance.
Pros
Ability to customize scripts. Also to use Javascript in the browser.
Cons
Maybe the FX ability? CTA is a complicated topic for many of accounting users.
Alternatives Considered
Intact PlatformReasons for Choosing NetSuite
The financial reporting was much better. Also, the workflows were easier to customize.Switched From
Workday HCMResponse from Oracle
Thanks for taking the time to leave a review, Dominic! If you haven't already done so, feel free to check out our NetSuite Customer Community. https://community.oracle.com/netsuite
