What is NetSuite? NetSuite is an Enterprise Resource Planning (ERP) software used by more than 41,000 fast-growing organizations across the globe. That platform consists of a suite of applications that help companies simplify operations, drive efficiencies, gain visibility into performance, and easily manage every aspect of their business.
NetSuite’s core offering provides solutions for financials, CRM, e-commerce, inventory, HR, professional services automation, and more via all from a single cloud-based platform.
A Comprehensive, Modular ERP Solution
NetSuite is an extremely customizable ERP solution thanks to the SuiteCloud Platform
and additional modules. These NetSuite modules
allow customers across a wide variety of industries to add on functionalities they do need without paying for functionalities they do not need. With cloud-based engineering, NetSuite can be accessed from any device and anywhere in the world that has an internet connection. The near endless functionality paired with its easy accessibility puts NetSuite at the forefront of ERP offerings.
The Leading Customizable Cloud ERP Solution for Enhanced Business Efficiency
NetSuite is the #1 cloud ERP system on the market and helps businesses run more efficiently and cost-effectively, offering a comprehensive software solution.
NetSuite for the Controller
As a Financial Controller, your challenges and opportunities are increasing. You’re also under pressure to be more strategic. Watch how NetSuite transforms your role, giving you real-time strategic visibility and keen insight into finance and operations with financials and data you can trust.
NetSuite for the CFO
As a CFO, you make strategic financial decisions that help your organization thrive and grow. Watch how NetSuite enables you to unleash your full potential and become leader of broader strategic change while managing core business processes enterprise-wide with a comprehensive, real-time view.
NetSuite for the CIO
As a CIO you have significant potential to add value to the business through the strategic adoption and deployment of technology. See how NetSuite enables you to be strategic in tackling today’s technological problems while future-proofing your business and accelerating innovation.
NetSuite for the Sales Manager
As a Sales Manager, you help drive competitiveness, revenue and growth. You’re called on to drive the top-line revenue figures, manage complex sales pipelines, and accurately set targets and forecasts. Watch how NetSuite CRM turns your sales strategy into action, while navigating the challenges you face.
NetSuite for the Operations Manager
As an Operations Manager, you’re constantly tasked with reducing waste, keeping costs in check, and managing complex timelines and budgets. Watch how NetSuite empowers you, the Operations Manager, in achieving operational excellence, streamlining operations, and improving organizational wide visibility.
NetSuite for the Support Rep
As a Customer Support Representative, you’re the vital link to customer needs. Watch how NetSuite provides an integrated solution helping you speed up case resolution, track relevant customer details, and ensure customer satisfaction.
NetSuite Features and Capabilities
NetSuite ERP helps businesses operate effectively by automating routine tasks and providing 360 degree visibility into operational and financial performance. It replaces countless software programs and allows you to run your business with a single unified system, showcasing the efficiency of using a NetSuite solution. With your data being unified across departments, locations, and business functions in real-time, NetSuite gives you best in class insight into your business.
NetSuite ERP Features:
NetSuite ERP Features:
Financial Management
Customer Relationship Management
Business Intelligence
Inventory Management
Global Business Management
Professional Services Automation
Supply Chain & Warehouse Management
Financial Management:
Advanced Financials
Billing Management
Revenue Management
AR/AP Automation
Planning & Budgeting
Streamlined Reconciliation
Global Financials
Subsidiary Consolidation
Fixed Asset Management
Customer Relationship Management (CRM):
Marketing Automation
Contract Renewal Automation
Incentive Compensation Management
Configure, Price & Quote
Sales Analytics & Reporting
Pipeline Management
Partner Management
Sales Forecasting
Customer Service Optimization
Business Intelligence:
Advanced Analytics
Data Consolidation
Self-Service Reporting
Embedded AI
Drill-Down Capabilities
Export Friendly
Inventory Management:
Multi-Location Inventory Management
Demand Based Inventory Replenishment
Lot & Bin Management
Serialized Inventory
Efficient Counting
Advanced Order Management
Grid Order Management
Global Management:
Multi-Currency
Multi-Language
Global Accounting & Consolidation
Indirect Tax Management
Subsidiary Management
Professional Services Automation (PSA):
Project Management
Job Costing
Resource Allocation
Project Billing
Project Reporting
Supply Chain Management:
Simplified Procurement
Pack & Ship Management
Demand Planning
Quality Management
WIP & Routings
Work Orders & Assemblies
Advanced Manufacturing
Warehouse Management System (WMS):
Barcode Scanning
Mobile Functionality
Warehouse Activity Dashboards
Warehouse Team Management
Intelligent Picking
Simplified Return Management
EDI / 3PL Integration
Why Businesses Love NetSuite Software
Unified Business View
Whether you have one location, or international operations with corporate offices, warehouses, factories, field offices and more, NetSuite ensures that everyone has access to the data they need when they need it.
Integrations
The platform’s natively integrated modules negate the need for third-party integrations that may be unreliable or unable to support real-time updates. This allows users to complete multi-step processes from a single application.
True Cloud
All the data that’s needed for effective management is always available in real time—even when your users are working remotely. NetSuite features a multi-tenant, vendor-managed cloud solution with endless room to support growth.
Deep Reporting Capabilities
NetSuite’s deep reporting capabilities allow you to find answers quickly and easily by using its built-in analytics tools. Users can pull reports on everything and anything they may want to measure or understand, thanks to the system’s built-in reporting tools.
Built-in Flexibility
NetSuite offers an incredible amount of flexibility in terms of both functionality and implementation—practically everything is customizable so that it fits into whatever workflow best suits your needs at any given time or location throughout the world.
★★★★★
We wanted a partner that could deliver fast solutions, communicate with us, and keep us up to date on the status of our ERP project…ScaleNorth covered all of these bases while delivering world-class service. It's been fantastic.
Jerod Schoneman
General Manager
Total Energy Systems
FAQs
Discover answers to frequently asked questions about Oracle NetSuite.
What is an ERP?
ERP is the acronym for Enterprise Resource Planning, which is a software system that unifies and automates core business operations and processes including HR, finance, financial planning & analysis, and operational processes. ERPs offer a single solution to manage most, if not all, business departments and processes.
What Makes ERP Unique Over Using Multiple Software Applications?
If you use multiple software applications to run your business, you may be missing out on opportunities to streamline your operations. An Enterprise Resource Planning (ERP) system allows you to manage large amounts of data in a centralized solution, which makes analysis and gathering insights from the data easier and more efficient. With an ERP system, you receive full integration and communication across all departments in real-time, avoiding missing information and saving time on manual consolidation of data.
How Do I Know I Need an ERP System?
You are using multiple software systems or applications. You cannot access financial information about your business easily. You have too many manual and time-consuming processes. You are struggling to meet customers' ever-changing demands. Your IT processes are extremely complicated. Your business is scaling quickly, and current systems can’t adapt. You spend too much money on IT support services. You are looking at a future liquidity event such as a capital raise, acquisition, or IPO.
What Are the Most Important Things to Look for When Choosing an ERP?
Scalability and Flexibility: An ERP system should be flexible enough to scale with a business’s needs. Avoid legacy on-premise systems that are really just a patch-and-run job; the company will quickly outgrow these lesser options. Seek an ERP with the agility to integrate with emerging technologies and adapt with your business and its environment; this will ensure that your business is future-proof. NetSuite is often considered the last ERP you’ll ever need, and will scale with your business from startup to IPO and beyond.
Mobile-Friendly: Employees should be able to access ERP dashboards in order to get the information they need when they need it. They should also be able to enter data directly from the field, which reduces the risk of errors that occur when they have to re-enter data collected at a previous time. NetSuite offers mobile and tablet capabilities, which along with its cloud architecture, means it can be accessed anytime from anywhere in the world.
Analytics: Business intelligence is key to strategic success. An ERP system with built-in analytics capabilities can help you track KPIs and make more strategic and timely decisions. Plus, data will need to be accurate and available in real-time. NetSuite allows you to quickly consolidate cross-departmental data, updated in real-time, for improved visibility and analysis making it a key favorite amongst even the most data-focused customers.
Modularity: Top ERP systems like NetSuite are built from modules that can be connected together to form a seamless whole. Each module’s functionality has been designed to dovetail well with the others, so as your business grows, you can continue to add on modules and expand your capabilities. These modules cover industry-specific functionalities such as Professional Service Automation, as well as department/role-specific functions such as Supply Chain Management or HR.
What is NetSuite ERP?
NetSuite ERP is an all-in-one cloud business management solution that helps organizations operate more effectively. NetSuite’s multi-tenant platform provides real-time visibility into operational and financial performance across your entire business—and scales to meet the needs of companies of any size. It serves as one single system to provide you with finance and accounting, inventory management, CRM, marketing automation, human resources, and more.
What NetSuite Modules Are Available?
NetSuite has an entire suite of modules that can be tacked onto its base ERP offering to expand the functionality and fit your organization’s needs. These modules include:
- Finance
- Procurement
- Manufacturing
- Inventory Management
- Order Management
- Warehouse Management
- Supply Chain Management
- Customer Relationship Management (CRM)
- Professional Services Automation (Service Resource Management)
- Workforce Management
- Human Resources Management
- Ecommerce
- Marketing Automation
What Industries Use NetSuite?
NetSuite can be adopted for practically any industry thanks to its high-customization capabilities. Common industries that thrive on NetSuite include (but are not limited to) Wholesale Distribution, Software, Life Sciences, Professional Services, Field Services, Manufacturing, Energy & Utilities, Private Equity, Food & Beverage, and more.
How Long Does It Take to Implement NetSuite?
On average, it takes a few months to fully implement NetSuite. ERP implementations are large projects, but skilled NetSuite Consultants like ScaleNorth can make the process seamless.
What is the Cost of NetSuite?
NetSuite pricing is based on a subscription model. Pricing varies depending upon modules needed, number of users, length of license term, and number of entities and locations. When working with ScaleNorth, we’ll use our deep NetSuite experience and business acumen to get you the ideal package and price point for your business.
How Do I Know If NetSuite is Right for Me?
NetSuite is trusted by 41,000+ organizations across the globe, ranging from small businesses to large enterprises. Roughly 20% of Fortune 100 companies utilize NetSuite, and it’s considered one of the most robust and customizable ERP solutions.
What is the Ideal Size of Business to Use NetSuite?
NetSuite works for businesses from start-ups to large companies. You can scale your business without the cost of additional hardware as your business is in the cloud.
Can I Import Data Into NetSuite?
Yes, importing data to NetSuite is easy. NetSuite users can import data into NetSuite in a variety of ways, from comma-separated value (CSV) files to integrations using application program interfaces (APIs).
Is NetSuite Mobile Friendly?
NetSuite features a mobile solution that provides a specialized mobile interface for NetSuite for iPhone and Android devices, giving you access anytime and anywhere.
What is a NetSuite Solutions Provider?
NetSuite Solution Providers like ScaleNorth are NetSuite experts who deliver complete NetSuite solutions including implementation, support, and customizations. ScaleNorth is recognized as a certified NetSuite Solution Provider by Oracle NetSuite.
Why is NetSuite a Top ERP Choice?
NetSuite’s ERP solution helps businesses become more competitive, lower costs, streamline business processes, and increase efficiency. It was built specifically for the cloud, giving it an edge over other ERP systems that are either on-premise or adapted for the cloud. All NetSuite users are running the same version, and updates happen seamlessly and automatically.
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