NetSuite enables companies to manage all key business operations in a single, integrated system, which includes customer relationship management; order management and fulfillment; inventory management; finance; ecommerce and Web site management; and employee productivity. NetSuite is delivered as an on-demand service, so there is no hardware to procure; no large, up-front license fee; and no complex set-ups. Additionally, NetSuite enables you to make better, faster decisions through real-time business intelligence. NetSuite’s patent-pending real-time dashboard technology provides an easy-to-use view into role-specific business information that is always up-to-date.
Most companies today must contend with tight margins, fierce competition and highly selective customers. That’s why leaders across all industries have recognized the imperative for real-time data that can guide business decisions and sharpen competitive edge. In fact, establishing processes that support real-time information is a top business priority for many organizations in 2005, according to Forrester Research.
Using Real-time Dashboard, which integrates all critical business data across departments, companies can at last have new perspective on their data and processes. Personalized for each employee in your company, the Dashboard offers instant snapshots of key performance indicators (KPIs), such as new sales orders, commissions, support cases and forecasts. With the Real-time Dashboard, you spend your time analyzing and acting on crucial data—not gathering it. As a result, you can accelerate and improve your business decisions.
Process accounts payable and receivables. Manage the general ledger. Pay employees’ salaries and expenses. Create timely budgets. These are the basic needs of every small and midsize business. But few software packages bring all these elements together in one application, leaving distributors to manage disparate financial applications, or worse, integrate the applications themselves.
NetSuite is the first to bring sophisticated financial tools to small and midsize businesses, enabling them to manage their ever-growing operating and reporting complexity. These tools, running in conjunction with NetSuite’s real-time financial and accounting backbone, give businesses the tools they need to manage the business at the lowest cost. Additionally, wholesale distributors can count on maximum profit as well as regulatory compliance—and it’s all made simple due to a single, auditable system.
Popular Functionality Modules
Accounts Payable When it comes to accounts payable, the name of the game is matching three essential elements to one another: the purchase order, the vendor invoice and the receipt. With…
Payment Manager Make it easier for customers to do business with you by accepting a wide variety of payment options Get more efficient payment acceptance with streamlined and integrated…
General Ledger The general ledger is the cornerstone of your company’s financial records. It constitutes your company’s central books, and every transaction flows through it.…
Accounts Receivable Streamlining accounts receivable can help distributors boost efficiency and hold down costs. The key? Ensuring the process is automated, starting with the order and ending…
Purchasing Purchasing and Vendor Management Eliminate inefficiencies throughout your organization with convenient online purchase order creation that allows you to replace paper-based…
Complete Functionality Module List
- Accounts Payable
- Accounts Receivable
- Budgeting and Financial Planning
- Customer Support and Service
- Expense Reporting
- Financial Analytics and Reporting
- Fixed Asset Management
- General Ledger
- Human Capital Management
- Job & Project Tracking
- Marketing Automation
- Material Resource Planning
- Order and Billing Management
- Payment Manager
- Recurring Revenue Management
- Revenue Recognition Management
- Sales Force Automation
- Self-Service Centers
- Shipping and Fulfillment
- Supply Chain and Inventory Management
Reviews of NetSuite ERP Write a Review
Used Netsuite for about 4 years and moved to a different solution because the user interface and friendliness was old and tired. We negotiated what we felt was a great deal when we initially bought for a multiyear contract. But when renewal time came, our price went up almost 50% on a per user basis overall. Web Site very clunky and not very mobile friendly. Honestly, if you are a smaller business (under 100 employees) be prepared to pay serious annual fees, plus support. Support is bad, and customer service was not good. They know that they have your data and they know that it would take alot for you to move off.
The good: Adding custom fields and manipulating workflows was very easy. In general, customizing the system was very intuitive.
The bad: The company themselves. Support was horrible, and when we had to deal with customer service because of 50+% increase over what we originally paid, we were met with fierce resistance.
Judy from Bay Area Council says…
We are a small non-profit with complicated financials. We purchased NetSuite from a VAR and the implementation took months. The system is complicated for the average user to customize and there is no real support from NetSuite without a service contract $$. I also use NetSuite payroll which actually process through Ceridian’s payroll system. I’ll just say I can’t wait to migrate off of it. Customer service is outsourced over seas and they have no access to your system other than via WebEx remote sessions. Every call takes 20 minutes minimum and you can count on them having to put you on hold while they try to find an answer. Mostly you get the canned script reply. Other than it’s ability to do consolidated financials, I was happier on QuickBooks.
The good: Web based and seamless consolidations.
The bad: Payroll system is beyond frustrating. We have five subsidiaries and the system allows you to setup customers with a parent/child relationship. The system to setup vendors is completely different. I was forced to include a subsidiary code within each vendor name which prevents you from going to one place to see what all subsidiaries may owe the same vendor.
An anonymous NetSuite ERP user says…
The good: ease of use and report capabilities
The bad: drop downs could use some stickies of last pick choosen
An anonymous NetSuite ERP user says…
Purchased NetSuite OneWorld and still in the implementation process.
The good: We were looking for one international solution that would allow our remote offices to transact business in local currency and to allow the corporate office to have “real time” access to the activity of said location. The consolidated reporting is of great interest to us.
The bad: No sure yet, have not begun to use the product. It seems great and fully functional for everything we need on paper