NetSuite Review: Features, Pricing & More

The platform provides real-time visibility into key business metrics and is highly customizable to fit various industry needs. For mid-sized to large businesses seeking an advanced, scalable ERP solution, Oracle NetSuite can be a worthwhile investment that delivers significant value for its cost. Small businesses often have hectic and convoluted processes, with most operations supported by spreadsheets. As they expand their product lines, locations, or customer bases, these spreadsheets become difficult to maintain and manage.

Are there any discounts or promotions available for Oracle NetSuite?

• But if you’re a startup, small business or want a simple, “no-frills” option, you should probably look elsewhere.
• It brands itself as an all-in-one business management tool, with modules for taking care of accounting, inventory, supply chains, payroll, HR and more.
• The business can then use this information as and when required for the growth and prosperity of the business.
• The initial implementation was set up incorrectly and as the go live date approached, we pushed them to move it back, realizing the software was in no way ready to meet our needs.
• It’s a complete resource for companies that are focused on inventory management.

Below are some of the pros and cons of NetSuite gathered and brought together from over a thousand different reviews of NetSuite. These will provide further insight into whether you should use the tool in your business or not. From CRM to automation, from data presentation to warehouse management, and many more, NetSuite can take care of all the requirements of the business from a single space. SuiteSuccess tools for forecasting, budgeting, and analytics enable businesses to make data-driven decisions, enhancing profitability and operational efficiency.

Oracle NetSuite Pricing vs. Competitors

• Let’s take this NetSuite review further and have a look at the best and topmost features of the computing platform.
• Concluding this review, Oracle NetSuite ERP emerges as a robust, comprehensive software solution designed to accommodate a wide spectrum of business needs.
• The tool automatically records all the details related to the employees in the organization.
• If you get like one phone order an hour and have 10 products, you will be fine..Otherwise, prepare for frustration.
• For those exploring how the NetSuite ERP platform can streamline business operations and reduce dependency on manual processes, this blog post is for you.
• Oracle NetSuite can be customized to meet the specific needs of different businesses.

This is why many businesses leverage entry-level software solutions to operate their operations. NetSuite Commerce, part of Oracle’s suite of business applications, provides comprehensive ecommerce solutions. Widely used by retail, wholesale, balance sheet and manufacturing companies, it is a globally recognized platform.

A product that helps in the growth of the company.

Oracle provides grants to nonprofits, so, it reduced our cost by 50%, which fit well into our tight budget. NetSuite was a good solution but they priced themselves out of consideration for us. They wanted $60,000 for an implementation fee which immediately we ruled netsuite erp reviews out. If you’re looking for the cheapest option it’s not the right thing but I’d highly recommend it. It’s really good and it scales well too… like it kinda infinitely scales. However, small companies with capital to invest in launching a new ERP system might find it easier to absorb these expenses.

Payroll system is beyond frustrating

Additionally, the data offered by the tool is also used by businesses to check real-time performance as well as that of any specific period. The data can then be utilized by them to make further decisions based on trends of the past and Accounting For Architects the withholdings of the future. Every programming task becomes very easy now because of Oracle.

• In addition to the annual license fee, NetSuite will charge you a one-time implementation fee to get your software up and running.
• As you select an ERP system, you want to make sure it integrates with the tools you already use.
• Oracle NetSuite is generally considered to be on the higher end of the pricing spectrum for cloud-based enterprise resource planning (ERP) solutions.
• Oracle NetSuite can be expensive, particularly for small businesses.
• Here’s a deep dive into Oracle NetSuite ERP features, best use cases, pricing, customer support, and other purchase factors.
• NetSuite will show you the work hours of the employee, the unpaid salary, and more.