The answer is often more complex than people think as there are countless factors that come into play when creating a NetSuite quote. On this page, we’ll show you how NetSuite pricing works, and how you can score the best possible ROI when licensing from ScaleNorth. Discover how Oracle NetSuite pricing works, and how ScaleNorth can help you get the most from your ERP investment.
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First, you’ll need to determine which NetSuite modules are needed to effectively and efficiently run your business. NetSuite’s core ERP offering is complemented by dozens of modules that provide unique functionalities. These modules span a variety of business functions ranging from supply chain management to human resources.
NetSuite’s additional modules seamlessly integrate into the core ERP offering, so cross-departmental data is available whenever you need it without duplication of data entry or efforts.
Don’t be intimidated by the robust list of modules. When utilizing a NetSuite Solution Provider like ScaleNorth, our expert NetSuite consultants will do a deep dive into your business processes to determine which NetSuite package is right for you.
As with many software solutions, the number of users also affects NetSuite pricing. User licenses are required for the members of your team who need access to the NetSuite instance. Full user licenses allow complete use of the software and will be needed for everyone ranging from warehouse managers to CFOs. Not everyone in your organization will need access, so avoid using your overall headcount for this estimation. Sharing licenses is discouraged, as it can also cause internal issues with auditing errors, efforts, and changes.
There are also partial user licenses, called “Self-Service Users” or sometimes “Employee Center Users”, with limited but essential functionality such as tracking time entries or entering expense reports.
NetSuite does not offer “read-only” licenses. However, it does allow for the exporting of CSVs, dashboards, and other forms of information so data can be distributed to users without access.
To help keep your NetSuite pricing to a minimum, you’re able to add users at any given time, so you only pay for what you need. In the event that you need to remove users, you can do so during any renewal period.
NetSuite pricing is also affected by the SKU that is required. The different Suites available are NetSuite Starter, NetSuite Standard, and NetSuite Premium. These editions are simply based on the number of NetSuite user licenses required and/or your organizational headcount.
There is a 4th and cheaper option, NetSuite Financials, which omits some functionality in pursuit of cost savings.
Lastly, there is the BPO route for growing small businesses. In this instance, a BPO Provider like ScaleNorth carves out user licenses for your business and provides outsourced accounting using those licenses. You don’t technically own the licenses, so it’s a cost-effective way to get onto the platform while enjoying the benefits of outsourced accounting. When you choose to take over the licenses yourself, it’s a matter of a few signatures.
| Service Tier | Maximum Users | File Storage | Monthly Transactional Lines |
| Standard | 100 | 100 GB | 200,000 |
| Premium | 1,000 | 1,000 GB | 2,000,000 |
| Enterprise | 2,000 | 2,000 GB | 10,000,000 |
| Ultimate | 4,000 | 4,000 GB | 50,000,000 |
As mentioned above, NetSuite has an entire library of modules that can be added on to its base ERP offering to expand its functionality and accommodate a variety of industries and tasks.
NetSuite has taken it a step further by bundling modules that are commonly packaged together by various industries such as Food & Beverage, Manufacturing, and Professional Services. The Professional Services Industry Suite, for example, gives you access to the base ERP system, Customer Relationship Management, Professional Services Automation, and Services Resources Planning.
Other popular Industry Suites include:
| Industry | ERP Functions |
|---|---|
| Wholesale Distributor |
|
| Software |
|
| Retailer |
|
| Manufacturing |
|
| Wholesale Distribution |
Professional Services |
| Software | General Services |
| Life Sciences | Field Service |
| Manufacturing | Franchises |
| Private Equity | Retail & Ecommerce |
| Financial Services | Energy & Utilities |
NetSuite works for businesses of all sizes. While startups or companies under a few million in revenue might be too strapped for cash to undergo an ERP implementation of any type, small businesses with Private Equity backing or those that are on a growth trend are prime candidates for a NetSuite implementation.
Small, growing businesses can start with NetSuite Financials to keep costs low while enjoying the key benefits of the world’s leading cloud-based ERP system. As you scale, you can tack on more features or modules to ramp up the platform’s power.
Why is NetSuite the ideal ERP for growing companies?
NetSuite will scale with your business and support its growth from a few million in revenue to $1B+. 20% of Fortune 100’s utilize NetSuite, and it’s often considered the last ERP you will ever need.
NetSuite implementations are another factor when calculating true NetSuite pricing. Implementation of NetSuite will vary depending on the size and complexity of your business, the NetSuite partner you choose to work with, the modules required, needed integrations, customizations and more.
As a result, there is no one-size-fits-all answer to the question of how much it will cost to implement NetSuite. However, working with an experienced NetSuite partner like ScaleNorth can help you keep costs down and get the most out of your NetSuite investment.
To reduce the cost of a NetSuite implementation, it’s essential to hire a consulting firm that can do it once and do it right. As with many aspects of business, there is always someone out there who can do it cheaper. It’s essential to look far beyond just what a provider may quote you, particularly if the quote is lower than the competition.
Throughout our success as a white-glove NetSuite implementation firm, we’ve seen all too many examples of firms partnering with low-cost providers, only for the project to end in disaster. As a sobering fact, many businesses come to ScaleNorth in search of a NetSuite recovery, or to rescue their failed implementation.
When going through a lower cost, but less experienced provider, businesses often invest countless hours and tens of thousands of dollars before realizing that their implementation is dead in the water. They then seek out a more experienced NetSuite implementation team, like ScaleNorth, to turnaround their failing instance and get them where they need to be.
It serves as a prime example of “you get what you pay for” and shows that going with the cheapest option available typically leads to increased costs and frustration in the long run.
ERP implementations will affect every corner of your business for years to come. Therefore, it is essential to seek out a NetSuite implementation team that can do it once and do it right. Doing so will save you time, energy, and money.
Once the project requirements and timelines have been set, your NetSuite consultants will begin the implementation phase. Implementations can last several months and will require internal resources to provide the consultants with information and access when needed. It’s important to note that implementation success is correlated to the availability and willingness of your own internal team. Being responsive and providing the proper resources when needed can drastically improve a consultant’s ability to successfully implement NetSuite.
This process will involve customizing the platform to fit the business requirements, integrating key parts of your technology stack, building custom dashboards and workflows, and other items part of the project scope.
ScaleNorth takes a phased migration approach that allows for a seamless transition over to the new system. Our data experts will migrate your data from the legacy system, so all historical information is preserved.
Once the system is configured, you’ll undergo User Acceptance Testing (UAT) to determine that everything is working properly, and that your employees understand how to operate on the new platform.
Finally, it’s time to go live on NetSuite ERP and reap the benefits for years to come.
First, what is NetSuite’s Direct Team?
NetSuite has an internal team that sells and implements the software. This is known as NetSuite’s Direct Team. While they have everything you need to get up and running on NetSuite, there are some key advantages of using a Solution Provider that you should be aware of.
What are NetSuite Solution Providers?
NetSuite Solution Providers like ScaleNorth are approved resellers of NetSuite software and can help smooth the process from evaluation, to purchase and implementation, to ongoing support.
Solution Providers have direct access to NetSuite resources and will help you find the best solution for your company. We’ll work directly with NetSuite’s team to get the best package and pricing for your needs, so you can be sure you’re getting the best NetSuite pricing. There is no markup on the cost of NetSuite when you purchase the software through a Solution Provider.
NetSuite Solution Providers can bring a number of advantages to the table that help you get the most out of your ERP investment. For starters, roughly half of a successful NetSuite implementation involves software and tasks outside of the NetSuite ecosystem. Most companies that implement NetSuite will want one or more key pieces of software integrated with the platform. Utilizing a Solution Provider with technical integration knowledge will be key to creating optimal efficiency.
Some NetSuite partners specialize in specific industries while lacking experience in others, so you’ll want to vet your Solution Provider to determine if they understand the pain points and underlying strategies of your business and the industry it operates in.
ScaleNorth is the largest ERP value added reseller that strictly focuses on NetSuite and the systems connected to it. While other VARs have diluted their efforts into implementing and optimizing other ERP systems, ScaleNorth’s full attention is on the NetSuite ecosystem.
Having led countless implementations, we know what it takes to get you the best NetSuite pricing and can serve as subject matter experts for your business throughout the licensing process.
Our average consultant holds 5+ years of NetSuite consulting experience and holds multiple NetSuite certifications. Our experts have diverse industry and vertical backgrounds and can serve as SMEs for the underlying strategies of your industry and organization. ScaleNorth has strategically built a diversified team of consultants from a variety of backgrounds and industries. Our experience spans Wholesale Distribution, Software, Life Sciences, Manufacturing, Field Service, Professional Services, Food & Beverage, Franchises and more.
ScaleNorth also boasts robust technical teams that specialize in integrations, automations, NetSuite development and more. Many of these employees were once part of NetSuite’s internal consulting team, before graduating to more advanced and technical roles.
While many NetSuite Solution Providers have skilled NetSuite staff, roughly 50% of our employees also hold the CPA credential. Don’t trust a highly sensitive ERP implementation with groups whose skill set ends where the technology does. ScaleNorth’s experts will be able to successfully implement your NetSuite instance, while advising your business on best practices technologically, operationally, and financially.
One of the key value propositions of NetSuite is its ability to be heavily customized to your industry and internal processes. Because of this, a boilerplate NetSuite demo might fail to capture the true value of NetSuite for your organization. To really understand the robust functionality and value proposition of NetSuite, ScaleNorth provides tailored NetSuite demos.
When leading a custom NetSuite demo, ScaleNorth’s team of NetSuite consultants and CPAs will do a deep dive into your business processes, integrated technologies, strategies, and more. After understanding what your needs are, your current processes, and what your ideal state will look like, ScaleNorth will lead an in-depth demonstration of those exact functionalities and features.
Through the process of diving into your business needs and strategies, ScaleNorth gains a more accurate estimate of what your true cost of NetSuite will be.
| Service | Rate | Fee Schedule |
|---|---|---|
| NetSuite Licensing Cost | Varies. Complete the form for a quote. | Annual |
| NetSuite Advanced Modules | Varies. Complete the form for a quote. | Annual |
| NetSuite Implementation Cost | $20,000+ | One Time |
| NetSuite Integration Cost | $175 – $300 / hour | As Needed Basis |
| NetSuite Customization Cost | $175 – $300 / hour | As Needed Basis |
| NetSuite Maintenance Cost | $0 | N/A |
NetSuite pricing is complex to estimate, and requires a thorough discovery for an accurate quote. However, our team of NetSuite implementation experts have assisted countless businesses of practically every industry and size adopt NetSuite. We’ll be able to give you a rough estimate as to your NetSuite costs, then provide a detailed quote post-discovery.
If you want to ensure you’re getting the best return on your investment, its essential to choose a NetSuite implementation partner that can:
Do it once and do it right. Understand your industry and business processes. Be able to speak on a strategic and financial level, rather than just techno-speak. Show a proven track record through certification and recognition. Advise on best practices gained from past experience. Suggest related technology to integrate with NetSuite for improved efficiency and visibility. Provide ongoing support post go-live. How can you be sure you’re getting the most value from your NetSuite investment? Partnering with a premier NetSuite implementation partner with a proven track record of successful work is the best way to maximize your ROI. When you contract ScaleNorth, you’ll be able to reduce your true cost of NetSuite by having the platform professionally implemented and perfectly tailored to your organization.
For more information on NetSuite pricing and to get a tailored NetSuite demo, complete the form.
