About NetSuite
What is NetSuite?
NetSuite is an all-in-one cloud business management solution that helps more than 37,000 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 37,000 customers across 219 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: Information Technology & Services
- Company size: 10,000+ Employees
- Used Daily for 1+ year
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Review Source
Superior long-term planning and control tool
With NetSuite, all of your information is in one place, making it easy to look for a new job. NetSuite will notify all employees of new business demands on a regular basis. Supplier-worker communication will be boosted by NetSuite, leading to fewer disruptions in the supply chain.
Pros
With NetSuite, we are able to effectively manage both day-to-day operations and the planning of project resources. It's easy to pick up and use, flexible enough to work in any circumstance, and facilitates precise, real-time communication amongst team members.
Cons
After some practice, using NetSuite is straightforward. Once you're familiar with how everything in NetSuite fits together, it's a breeze to use. However, it occasionally requires technical assistance, which might disrupt your operations, just like other Oracle systems. Truth be said, I quickly become weary of the current interface's barebones simplicity.
Response from Oracle
Thanks for taking the time to leave a review, Audrey! If you haven't already done so, feel free to check out our NetSuite Customer Community. https://community.oracle.com/netsuite
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 6-12 months
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Review Source
Net Suite
Horrible, customer service was always lacking and all difficult to deal with.
Pros
That you could have multiple companies at the same time
Cons
Hard to understand the flow, design of reports, and budgeting not easy to understand
- Industry: Health, Wellness & Fitness
- Company size: 1,001–5,000 Employees
- Used Weekly for 2+ years
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Review Source
Needs improvement for supply chain functions
Pros
Good for startups for initial basic accounting.
Cons
We tried using this tool for supply chain as accounting data was already in it. The features are poor and we ended up using other external tools interfaced with NetSuite
- Industry: Farming
- Company size: 201–500 Employees
- Used Daily for 2+ years
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Review Source
Balanced ERP solution
We've been able to accelerate our key business functions including Finance (accounting close is much faster), Operations (inventory is much more accurate), and Sales (customer orders and invoices are automated through EDI).
Pros
- Ability to scale all of our major business functions, particularly Operations and Finance- Integrations with our subledgers (e.g. Coupa)- Automation opportunities such as EDI and workflows
Cons
- Warehouse Management (WMS) leaves a lot to be desired- Customization can be expensive, but thankfully we have not needed much
Reasons for Choosing NetSuite
Inability to scale the legacy platformSwitched From
Dynamics 365Reasons for Switching to NetSuite
NetSuite was the most balanced platform between "new and innovative" while still having the robust features of a proven ERP in the marketplace. Some of its competitors had a more modern UX but didn't have the full stack Finance + Operations capabilities.Response from Oracle
Thanks for taking the time to leave a review, David! If you haven't already done so, feel free to check out our NetSuite Customer Community. https://community.oracle.com/netsuite
