NetSuite ERP Review - why 4 stars?
Compare PricingITQlick Score: | 90/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | ERP -> NetSuite ERP review |
Ranking: | Ranked 11 out of 275 ERP systems |
Company: | NetSuite |
Pricing: | starts at $999 per month |
Typical customers: | SMBs |
Platforms: | Desktop, Mobile, Cloud |
Links: | NetSuite ERP pricing, NetSuite ERP alternatives |
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Table of Contents
What is NetSuite ERP?
NetSuite ERP is a cloud-based business management and enterprise resource planning software suite that helps businesses streamline their operations with automation and real-time visibility into financial and operational performance. Some of the features offered by NetSuite ERP are discussed below:- Inventory Management: The inventory management feature on NetSuite ERP helps businesses manage inventory operations with automation, reorder management, multi-location inventory management, replenishment management, etc.
- Warehouse Management: With NetSuite ERP, businesses that operate warehouses can manage their operations with RF-device-directed putaway and picking tasks, and tools like cartonization, real-time inventory updates, shipping system integrations, etc.
- Supply Chain Management: NetSuite ERP helps businesses move products from production points to the final consumers, streamlining the supply process at all critical points.
- Order Management: NetSuite ERP helps businesses handle order processing and establish a smooth flow from quote to fulfillment by eliminating bottlenecks and minimizing errors.
- Financial Management: Businesses can organize their daily financial records and transactions, accelerate the financial close, get real-time insights into financial performance, and ensure compliance.
Who is it best for?
NetSuite ERP is intended for small companies to large enterprises that prefer an all-in-one solution for managing their finances and resources. This solution is used by businesses from various industries including software, manufacturing, wholesale distribution, retail and services. Some NetSuite clients include Prudential, Red Built, Gawker Media, Igloo and Solar Winds.Main features and functionalities
NetSuite ERP includes many features that make it a very worthy investment for any type of organization, inclusing accounting functionality, ERP, inventory and order management. It also supports multiple currencies, languages, companies and locations, making an excellent solution for global businesses. NetSuite ERP supports data import and export, a Developer API, integration with MS Office, role-based security and mobile access. It allows convenient and easy management of resources, revenue, expenses, budget and employees, as well as improving sales as it automates billing and collections.What is the actual cost?
NetSuite ERP pricing is based on three determining factors— a monthly license fee, a per-user fee, and optional modules (add-ons). The base license fee is priced at $999 per month, with an additional $99 per user per month.ITQlick pricing score is 2 out of 10 (10 is most expensive). Access ITQlick pricing guide for NetSuite ERP. You can also find here pricing information from NetSuite ERP's website.
Pros
- NetSuite ERP has a robust set of features
- Compared to its top alternatives, the software is a low-cost option
- NetSuite ERP offers its clients ease of customization and flexibility
- The dashboard can be personalized to make all vital tools and data easily accessible
- NetSuite ERP can be accessed from mobile devices, for getting an up-to-date view of the company’s financial performance, resources and expenses
Cons
- NetSuite ERP has a steep learning curve for newbies
- Occasional lags may be experienced, largely due to the old UI
- Unlike other software, it does not come with free trial
How it stacks up?
Access a head to head analysis of NetSuite ERP vs alternative software solutions.Frequently Asked Questions (FAQs)
Is NetSuite ERP right for you or your business?
NetSuite ERP is an all-in-one cloud-based business management solution that helps growing companies and enterprises streamline their processes. The software is fit for enterprise-level operations and serves clients across different industries like distribution, manufacturing, construction, etc.List of categories
List of features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.