netsuite erp review

After comparing and contrasting the dashboard, features, pricing and customer service, we test-drove the product with an initial setup. Overall, we found Oracle NetSuite to be a very powerful, robust platform that has all the bells and whistles to manage many moving parts. For warehouse and fulfillment, NetSuite will help you with inbound and outbound logistics, inventory management and warehousing operations.

netsuite erp review

Using NetSuite, you can track every step of the production process in real time so that you can make better decisions. This management module includes sales orders, work orders, routing, scheduling, order fulfillment, and product costing. Because ERP systems are based on a central database, they provide insight and control over business processes. This is because they incorporate data from across departments, such as accounting, marketing, manufacturing, sales, supply, and human resources.

Oracle NetSuite OneWorld Review

NetSuite is a popular choice in the professional services market, where distributed workforces benefit from anytime, anywhere access provided by the web-based client software. It operates on a software-as-a-service (SaaS) model, making it a great option if you want the flexibility to scale your business without the headaches of new infrastructure and personnel. You can use its long list of modules and customization tools to increase efficiency and reduce costs, no matter your size or industry. NetSuite is a cloud-based, developer-hosted ERP platform supporting finance, operations, sales, service, and HR needs. Widely viewed as the first cloud software company, NetSuite offers robust built-in modules, including inventory control, eCommerce, HR, procurement, project management, and accounting.

NetSuite Review (2023): Features, Pricing & More – Forbes Advisor – Forbes

NetSuite Review ( : Features, Pricing & More – Forbes Advisor.

Posted: Mon, 06 Jun 2022 14:04:44 GMT [source]

Read our review of Xero to learn about an alternative software package that we believe is a solid fit for a growing business. Ted Needleman has been covering the world of technology for almost 40 years. He writes frequently on software, hardware, and technology-related subjects.

Customer relationship management (CRM)

After deciding on Oracle NetSuite ERP, the company weathered the challenges of 2020. NetSuite ERP allows management to make more timely and informed decisions with accurate computations and real-time reports. NetSuite is a cloud-based software solution that provides an extensive suite of enterprise resource planning (ERP) tools to assist businesses in managing their finances, operations, and customer relationships. Sneaky contracts that will hook you with discounts and raise fees exorbitantly after your are stuck with your data and huge conversion costs.

  • Designed to meet the needs of professional services organizations of all sizes, OpenAir improves invoicing accuracy, increases in-time project delivery and services visibility, and streamlines revenue recognition.
  • That said, NetSuite is the better choice of the two if you’re seeking customized user-defined strategies and advanced real-time updates and integrations.
  • They are able to uncover process improvements and improve overall efficiency.
  • Implementing NetSuite as a brand-new user likely won’t be a walk in the park for most business owners.
  • There are some skills and there are very, very many new resellers that they are naming themselves implementers.

Primarily, NetSuite is used for finance, procurement, inventory, and CRM. The solution offers advanced CRM features such as newsletter and marketing capabilities. Furthermore, NetSuite ERP has advanced project management functionalities, making it a great fit for trading and distribution companies, construction companies, retail, and hospitality industries. As stated in many NetSuite CRM reviews, this software offers a complete, real-time, 360-degree view of the customers. It is considered a top CRM software choice for companies in need of an integrated platform that will help them run their entire business. A NetSuite vs Salesforce comparison, however, shows that the latter is the better solution for smaller companies that are looking exclusively for CRM software.

Zoho CRM

There are some considerations to weigh before enrolling in Oracle NetSuite. First, the software can be complicated to set up and manage, so it’s easy to get overwhelmed if you are a novice. For example, the interface enables you to modify reports, but if the data source is not available, you’ll need to take extra steps to customize your reports.

As a manufacturer and supplier we needed to assure all areas of the business were met. This accounting software does not limit the number of users, which makes it ideal for a company needing total flexibility. During our research into NetSuite, we found that onboarding isn’t the simplest process. As with pricing, you will have to contact Oracle NetSuite’s sales team for a free product tour. You can also view a variety of product-specific demos on NetSuite’s website. However, unlike most of the other software packages that we examined, NetSuite does not offer a free trial.

Importing Data to NetSuite through a CSV File Upload

With NetSuite ERP, financial and operational data are synchronized automatically and continuously. By reducing the need for manual data input, better control is achieved. This system enables organizations to run lean, efficient operations even as they expand because they organize and collect key business information. The HR module allows you to customize NetSuite for your entire business. Some of the links on our site are from our partners who compensate us. Based on an aggregate of NetSuite reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.