NetSuite Overview

NetSuite is a comprehensive cloud-based business management suite that integrates ERP, CRM, and e-commerce capabilities. It provides real-time visibility into key business operations, enabling organizations to streamline processes, improve financial management, and drive growth across multiple industries and geographies.

Key Features of NetSuite

Financial Management: Automate financial processes, manage cash flow, and gain real-time visibility into financial performance.
Supply Chain Management: Optimize inventory levels, streamline procurement, and enhance demand planning capabilities.
Customer Relationship Management (CRM): Manage customer interactions, track sales opportunities, and improve customer service.
E-commerce: Build and manage online storefronts, process orders, and integrate with back-office operations.
Business Intelligence and Reporting: Access real-time dashboards and generate custom reports for data-driven decision making.

What Makes NetSuite Unique

Unified Cloud Platform: Offers a single, integrated solution for managing all core business processes, eliminating data silos and improving efficiency.
Global Business Management: Supports multi-currency, multi-language, and multi-subsidiary operations, making it ideal for international businesses.
SuiteCloud Development Platform: Allows for extensive customization and integration through a robust set of tools and APIs.
Industry-Specific Solutions: Provides pre-configured modules tailored to various industries, reducing implementation time and costs.
Real-Time Analytics: Offers built-in business intelligence tools for immediate insights across all business functions.

Is NetSuite Right for Me?

NetSuite is ideal for mid-market companies and larger enterprises that require a unified platform to manage their entire business operations. It's particularly well-suited for organizations with multiple locations, complex financial needs, or those expanding internationally.

Signs You Need NetSuite

You're struggling with disparate systems and data silos

Multiple, disconnected software solutions
Difficulty in generating cross-functional reports
Time-consuming manual data entry and reconciliation

When NetSuite Isn’t the Right Fit

You're a small business with simple operations

Single location with few employees
Limited product or service offerings
Basic accounting and CRM needs only

Customizing NetSuite

SuiteCloud Platform: Offers a comprehensive set of tools for customization, including SuiteScript for custom coding, SuiteFlow for workflow automation, and SuiteTalk for web services integration.
SuiteApp Marketplace: Provides access to hundreds of pre-built applications and integrations to extend NetSuite's functionality.
Custom Fields and Forms: Allows users to add custom fields, modify existing forms, and create new ones to tailor the system to specific business needs.
Saved Searches and Reports: Enables creation of custom searches and reports to extract and analyze data specific to business requirements.
Role-Based Dashboards: Allows configuration of personalized dashboards for different user roles, providing relevant information at a glance.

Is NetSuite Worth It?

NetSuite is worth it for growing mid-market companies and enterprises seeking a comprehensive, cloud-based ERP solution to streamline operations across finance, inventory, CRM, and e-commerce. Its unified platform can drive efficiency gains, provide real-time visibility into business performance, and scale with company growth. However, for small businesses with simple operations or those not requiring extensive financial and operational integration, NetSuite's robust feature set and associated costs might be excessive.

How Much Does NetSuite Cost?

Pricing is one of the most important evaluation factors when buying software. We have pricing insights contributed by current and former customers of NetSuite to help you make the best purchasing decision for your use case.

See what NetSuite costs

Competitors to NetSuite

Vendor	Reasons to Consider	Best For
Workday	Strong in HR and financial management, with a focus on large enterprises	Large organizations prioritizing HR and talent management alongside financials
Anaplan	Excels in financial planning and analysis with powerful modeling capabilities	Companies needing advanced financial planning and forecasting tools
Oracle Cloud ERP	Comprehensive suite with strong database and analytics capabilities	Large enterprises with complex IT environments and existing Oracle investments
Sage Intacct	Strong financial management focus, particularly for service-based industries	Mid-sized companies prioritizing financial management and reporting
Odoo	Modular approach allows for gradual implementation of features	Small to mid-sized businesses looking for a flexible, scalable solution
Microsoft Dynamics 365	Tight integration with Microsoft products and strong CRM capabilities	Organizations heavily invested in the Microsoft ecosystem
SAP S/4HANA	Comprehensive ERP solution with strong manufacturing and supply chain capabilities	Large enterprises with complex manufacturing and supply chain needs

Open Source Alternatives to NetSuite

Projects	Reasons to Consider	Best For
ERPNext	Comprehensive ERP solution with modules for accounting, inventory, HR, and more	Small to medium-sized businesses looking for a customizable, cost-effective ERP solution
Odoo Community Edition	Modular approach allows for implementation of specific features as needed	Small businesses or startups looking to gradually implement ERP functionality
Dolibarr	User-friendly interface and covers essential business management functions	Small businesses or freelancers needing basic ERP and CRM functionality
Apache OFBiz	Flexible framework for building custom ERP solutions	Organizations with strong technical capabilities looking to build a tailored ERP system
Tryton	Modular design allows for easy customization and scalability	Small to medium-sized businesses needing a flexible, scalable ERP solution