About NetSuite Cloud ERP
What is NetSuite? NetSuite is an Enterprise Resource Planning (ERP) software used by more than 36,000 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.
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.
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
NetSuite for the CFO
NetSuite for the CIO
NetSuite for the Sales Manager
NetSuite for the Operations Manager
NetSuite for the Support Rep
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. 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:
- 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—everything is customizable so that it fits into whatever workflow best suits your needs at any given time or location throughout the world.
NetSuite FAQs
What is an ERP?
What makes ERP unique over using multiple software applications?
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 customer’s 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 capital raise, acquisition, or IPO
How To pick the right ERP?
If you’re starting the process of evaluating a new ERP system, we first recommend you review our recent blog post “12 Tips for Choosing the Right ERP Software”. Still need help deciding? Here are 3 free resources to help guide your journey:
What are the most important things to look for when choosing an ERP?
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?
What NetSuite modules are available?
- 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