NetSuite ERP is a cloud based business management suite from Oracle NetSuite. It combines accounting, orders, inventory and supply chain tasks in one system. Modules named on the vendor page are financials, inventory, order management and procurement. Customers pay an annual license fee plus a one time implementation fee.
Companies that track money in one tool and stock in another often look at ERP software. NetSuite is one cloud ERP product and its vendor page lists what the suite includes.
Facts follow the vendor page on NetSuite ERP. That page is marketing material so it states features and not test results.
What is NetSuite Cloud ERP?
NetSuite ERP is a business management suite delivered in the cloud. Oracle NetSuite says the suite combines accounting, orders, inventory and supply chain tasks in one system. It also manages several subsidiaries, business units and legal entities.
Which Modules does NetSuite List?
| Module | What the vendor states |
|---|---|
| Financials | General ledger, accounts receivable and payable, tax management and financial reporting |
| Inventory | Stock tracking across locations, reorder points and replenishment |
| Order management | Orders move from sales quote to fulfillment, invoicing and payment |
| Procurement | Central purchasing with vendor performance and spending visibility |
How does NetSuite Pricing Work?
Oracle NetSuite states customers pay an annual license fee based on the core platform, optional modules and number of users. Implementation costs extra as a single fee. Price figures do not appear on the page.
Who should Compare ERP Options?
Teams with finance, stock and orders in separate files gain most from one shared system. Compare modules, user counts and implementation effort before you sign.
Cloud delivery brings security tasks for your team. See the top security issues in cloud computing and business benefits of moving to the cloud.
Frequently Asked Questions
What is NetSuite?
It is a cloud based business management suite that combines accounting, orders, inventory and supply chain tasks.
Which Modules does NetSuite ERP Include?
Financials, inventory, order management and procurement appear on the vendor page.
How Much does NetSuite Cost?
No price appears on the vendor page. Customers pay an annual license fee plus a single implementation fee.
Does NetSuite Manage Several Companies?
Yes. Oracle NetSuite states it manages multiple subsidiaries, business units and legal entities.
Is NetSuite Cloud Based?
Yes. Oracle NetSuite states it is delivered in the cloud.
Key Takeaways
- NetSuite ERP is a cloud delivered business suite.
- Financials, inventory, order management and procurement are named modules.
- Pricing combines an annual license and a single implementation fee.
- Price figures stay out of the source.
- Compare modules and users before you sign.
Sources and References
Facts follow the vendor page.
- NetSuite ERP (Oracle NetSuite) www.netsuite.com