netsuite reviews

Because of its range of customizable features backed by Oracle’s popular software, NetSuite is a great choice for enterprise businesses that can afford its price tag and will utilize those features. Businesses with financial reporting obligations can use NetSuite to easily comply with financial regulations, including ASC 606 and SOX. Using the platform’s rule-based event-handling framework, you can easily automate numerous revenue management and reporting functions, such as forecasting, allocation, recognition, reclassification and auditing. SuiteCommerce provides an omnichannel experience whether your customers are shopping in-store, online, or on a mobile device. Plus, with support for consumers (B2C) and business buyers (B2B), you’ll never lose a sale. This accounting software does not limit the number of users, which makes it ideal for a company needing total flexibility.

NetSuite pricing options generally start around $1,000/mo, with additional licensing costs dependent on module selection, support level, and user requirements. We recommend NetSuite software for medium-sized businesses in the distribution, information technology, and professional services sectors. Based on our internal review activity, the median size of organizations considering NetSuite is 30 employees. Due to its cost and complex feature set, NetSuite might be too expensive and intricate for startups and small businesses. They may be but their customer service is all but non-existent. We have had at least 5 different sales contacts since implementing.

Oracle Netsuite has twice granted our…

Some small businesses may even find the exhaustive slate of features overwhelming. QuickBooks Online doesn’t match the breadth of functionality found in NetSuite. Designed for medium to large businesses, NetSuite ERP offers modules for CRM, inventory, e-commerce, accounting, and more. It provides real-time global business management and financial consolidation for multi-national, multi-subsidiary operations.

netsuite reviews

Since then, NetSuite has operated as a global subsidiary of Oracle. We’re a group of American companies with common ownership, worth hundreds of millions of dollars, and a few hundred employees. We thought this would be the best long-term option for connecting our third-party software netsuite reviews needs, and coordinating our multiple companies efficiently. In hind-sight, I think NetSuite is better suited to a multi-national company much larger than us. Great ERM tool to manage resources effective and use same language when talking to different teams internally.

How does NetSuite work?

Netsuite is an all in one solution “so it claims”…it’s not actually. However, small companies with capital to invest in launching a new ERP system might find it easier to absorb these expenses. In that case, NetSuite is comprehensive, flexible, and scalable, meaning it will grow with your business. NetSuite even lets you use AI to automate processes, saving you even more time. A handful of ERP vendors, like Oracle Fusion Cloud ERP and SAP S/4HANA, have a similar feature ― but it still sets NetSuite apart from your run-of-the-mill ERP system.

netsuite reviews

We realized with the lack of support, we would need a team memeber well versed in the software. As we have little to no tech team, and had spent the year with little resolution, we took the loss and moved on. We have operations in the United States and operations in Brazil. I’ve researched lots of ERPs and CRMs and inventory stuff and a lot of it is specific to the US. That’s fine but if you’re looking for something that supports multinational businesses, NetSuite is really good.