NetSuite Reviews, Pricing & Features 2025 TEC

The Netsuite CRM can support several advanced capabilities, such as territory planning sales comp for complex channels, capabilities commonly found in mature CRM systems. With the data model being friendly it is uniquely strong for industries especially hospitality, retail, and commerce-centric industries. Oracle NetSuite works best for very large, very complex organizations willing to netsuite erp reviews pay for comprehensive ERP software.

• NetSuite Ecommerce offers a rich set of tools for your online sales presence.
• This includes everything from planning to hiring and HR to finance and accounting to order processing and inventory management, depending on what type of business the company does.
• It is a complete package for managing employees, businesses, and clients, and it also assists me in aligning and maintaining records for each unit.
• Rather than just keeping track of income and expenses, it facilitates sophisticated revenue recognition management.
• Oracle NetSuite ERP is a widely recognized cloud-based business management platform.

Paycor

You can manage documents and track time and expenses and create reports and keep precise records on your interaction with contacts. Payroll is not a built-in function, as it is in Microsoft Dynamics GP. We use NetSuite ERP for general ledger, fixed asset management, and inventory warehouse management & order fulfillment. Included in general ledger is journal entries, accounts payable, and cash management & accounting. Cash management and accounting includes bank integration to post daily transactions and reconcile activity.

Breadth of Features

NetSuite gets our Editors’ Choice Award because of its exceptional breadth, depth, and usability. It is well suited for large organizations that do lots of transactions, lots of accounts payable items, accounts receivable items, paying bills, receiving payments, generating reports, Partnership Accounting and more. It is less appropriate for small businesses or other entities that are best suited for a smaller ERP system. The organization I am at is fairly large, so it is best suited for me. In addition to the annual license fee, NetSuite will charge you a one-time implementation fee to get your software up and running. The company doesn’t disclose its pricing upfront and asks that you schedule a consultation to get a quote for your unique business.

• Businesses of all sizes and industries use NetSuite, including wholesale and distribution, manufacturing, retail, professional services, software and technology, non-profit organizations, and healthcare.
• Now, you can also be free from worrying about implementation costs that do not go according to plan.
• NetSuite divides the site into easy-to-understand sections (Setup, Transactions, Reports, etc.) that you access through a horizontal toolbar at the top of the page.
• Thinking of embarking on a ERP journey and looking for a digital transformation report?
• Everyone will be able to access the core ERP functions plus add-on modules in one place.
• Aside from those start-up costs, you also need to plan for customer support expenses.

How much do users love Oracle NetSuite ERP?

On many screens, there’s a row of additional links below the toolbar in a horizontal bar. Throughout much of the site, this bar contains numerous icons, links to commonly-used tasks (Create New Event/Customer/Invoice/Project, etc.). Under other tabs, this bar displays context-sensitive tools, like Documents/Search. An Exceptional Interface NetSuite and Intacct do a good job of dressing up the working environment enough so that you don’t feel like you’re staring at a tax Certified Public Accountant return all day.

• Speaking of which, you should get acquainted with ERP from HashMicro.
• The unified cloud ERP platform scales to accelerate growth while meeting business needs out of the box for a variety of common industry verticals.
• That can make Acumatica a better value than NetSuite for some businesses.
• Singapore itself has several criteria and rules that are mainly concerned with reporting.
• Therefore, we provide tips or ways to prevent choosing the wrong ERP.

Ease of Implementation

But where Oracle NetSuite offers general tools that can apply to all industries, Sage X3 offers industry-specific add-ons for verticals like process manufacturing, food and beverage and distribution. These tailored tools can make it easier to get value out of your new ERP. 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.