About NetSuite

With an integrated system that includes ERP, financials, commerce, inventory management, HR, PSA, supply chain management, CRM and more – NetSuite enables fast-growing businesses across all industries to work more effectively by automating core processes and providing real-time insights into operational and financial performance.
What is NetSuite?

NetSuite is a cloud accounting software that provides a complete view on financial performance and cash flow analysis. The system comes with features including general ledgers, cash management, tax management, accounts receivable and payable, fixed asset management, and payment management.


How do you use NetSuite?

NetSuite is a cloud-based system, which can be accessed through an active internet connection. There are no installations or downloads necessary to use the software. Users can utilise the key performance indicator to view analysis on receivables, payables, sales, total bank balance, and more.


Who uses NetSuite?

NetSuite can be used by companies of any size in any industry in need of financial management software.


How much does NetSuite cost?

NetSuite does not share pricing details publicly. Please contact Oracle for information on starting price and available plans or tiers.


Does NetSuite have an app?

NetSuite has an app available on both IOS and Android devices.


NetSuite Software - Role-based KPIs and Dashboards: Accounting Manager
NetSuite Software - Dynamic General Ledger
NetSuite Software - Chart of Accounts
NetSuite video
NetSuite Software - Role-based KPIs and Dashboards: Accounting Manager - thumbnail
NetSuite Software - Dynamic General Ledger - thumbnail
NetSuite Software - Chart of Accounts - thumbnail

NetSuite pricing

NetSuite does not have a free version. NetSuite paid version starts at US$499.00/month.

Starting Price:
US$499.00/month See pricing details
Pricing Details:
Pricing available on request. View Pricing Plans
Free Version:
No
Free trial:
N/A

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NetSuite Reviews

Feature rating

Value for Money
3.7
Functionality
4.1
Ease of Use
3.8
Customer Support
3.6
5 reviews of 817 View all reviews
Alvaro I.
  • Industry: Internet
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
5
Ease of Use
3
Customer Support
5

5
Reviewed on 13/07/2018

Great ERP

Help us at a time we were growing the company, so right now we are more efficient and have real time data because of Netsuite.

Pros

- Very Robust and Fully customizable
- Have an API and so connect with third party and other tools you use internally can be definitely doable.
- Multiple currencies, locations and internationalization help you when you have to access in different subsidiaries
- Have great tools for making reports
The support have been great the last 2 or 3 times I used it.

Cons

- Sometimes tends to be slow, It seems like that was a problem with the implementation but in general it feel slow.
- The UI looks old, but does what you need.
- The documentation is really heavy and sometimes is hard to find things there.

Federico A.
  • Industry: Banking
  • Company size: 2-10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
4
Ease of Use
4
Customer Support
5

4
Reviewed on 10/05/2022

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

Reasons for Choosing NetSuite

We needed better integration and customer support.

Switched From

Odoo

Reasons for Switching to NetSuite

I knew NetSuit which improve my project to succedd
Andy K.
  • Industry: Computer Software
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Features
5
Ease of Use
3
Customer Support
2

3
Reviewed on 09/05/2022

Lots of Potential for Large Businesses, but Not a Good Fit for Small Businesses

For small businesses, I would not recommend Netsuite. The licensing is very expensive, and you ideally need a certified Netsuite professional on staff in order to utilize the software to its full potential. The customer service experience was also lacking, but that tends to be ubiquitous across most platforms of this genre. For big businesses that can dedicate staff to the maintenance and configuration of the application, there are endless possibilities, and you are likely to find everything you need all in one software bundle. For everyone else, however, I would suggest a more economical option.

Pros

Netsuite has seemingly endless business uses and integrations, and can perform a wide variety of tasks from basic accounting to project management. The system itself is very customizable to meet your specific business needs, with a variety of different service add-ons available for and additional fees. When used correctly, Netsuite can potentially be a one-stop shop for all of your primary business functions, and is adjustable to accommodate virtually every user role possible.

Cons

Netsuite is very expensive, even for its basic feature package. The licensing fees increase each year automatically, and there is little room to negotiate with your account manager. In my experience, customer service has been less than satisfactory, and you are constantly tossed back and forth between departments whenever there is an issue. The customization process for the application is also extremely complex, so if you do not participate in formal training program for the software, you may have a difficult time setting up your desired features.

Alternatives Considered

QuickBooks Online Advanced

Reasons for Switching to NetSuite

We switched from QuickBooks online over to Netsuite to gain access to more services, but then eventually switched back to QuickBooks because Netsuite was too expensive and complex.
Jon F.
  • Industry: Wholesale
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
5
Ease of Use
4
Customer Support
4

5
Reviewed on 26/04/2022

100% Cloud Based Solution from the start

Great overall experience with the software. We have found it to be easy to use, its configurable to meet our needs and a solution we can grow with. Overall good value, reasonably low cost feature rich completely cloud based ERP system.

Pros

Product is completely cloud based and easy to use. Updates to software are automatic and painless. Do not need an IT Staff to support it. We've been using for 8 years and haven't needed any dedicated full-time IT staff. Features are rich and it is highly customizable to meet your company's needs.

Cons

Owned by Oracle now. Cost keeps increasing.

Reasons for Choosing NetSuite

Wanted cloud solution with multi-company and multi-currency capabilities.

Switched From

AccountEdge

Reasons for Switching to NetSuite

100% cloud based from beginning, most configurable and easy to use.
Verified Reviewer
  • Industry: Management Consulting
  • Company size: 201-500 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
5
Ease of Use
4
Customer Support
4

4
Reviewed on 24/03/2022

Strategic system selection

Once implemented very powerful - the business has doubled in size and NetSuite has not broken a sweat to help with that. But getting in set up, and bedded in, is hard work

Pros

Range of capability addressing a numbe of our business issues. Configurability and single source of data

Cons

This product can do a lot - it can be really difficult to find the information you need to decide what to use and how to do it well

Alternatives Considered

Salesforce Service Cloud and Dynamics 365

Reasons for Switching to NetSuite

Balance of factors including relationship with implementation partner, ability to configure and limited need for integrations

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