Content
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. We like NetSuite for its robust accounting and supply chain management capabilities. It also offers out-of-the-box functionality and a mature, cloud-native design.
Even local, mom-and-pop businesses still juggle a variety of business elements such as accounting, inventory management, payroll and sales. Of any type of business, small ones likely have the least bandwidth to devote to analyzing and optimizing these various elements, making them a good candidate for an ERP system. Everyone will be able to access the core ERP functions plus add-on modules in one place.
Customizable Dashboards
Optional live training is available for an additional fee for companies that need custom learning resources. Small businesses that don’t need such comprehensive technology should consider purchasing a stand-alone CRM solution. Consider our review of Zoho CRM to learn about a more straightforward platform. We were pleased to see that NetSuite offers mobile apps for iOS and Android to help field reps and remote workers enjoy many of the same productivity and employee collaboration features as on-site desktop users. We especially recommend this CRM for e-commerce businesses that need visibility into purchasing processes and detailed customer information without integrating external tools.
The Experience Manager will work with the company to identify their goals, find important issues, and discover possible opportunities for their particular system implementation. Project road maps are created during the interactions with companies and NetSuite Experience Managers. NetSuite’s implementation is usually based on company needs.
Is Oracle NetSuite good for e-commerce?
With Oracle NetSuite, your business will always be audit-ready. This ERP platform supports your company’s governance, risk and compliance (GRC) programs so you can handle increasingly complex regulatory, operational and compliance challenges as you scale. The platform can also establish a sustainable risk management and compliance process for your company so you can anticipate major risks before they happen. We were happy to see such extensive risk and compliance features, which were rare among most platforms we reviewed. Oracle NetSuite offers all of the finance and accounting tools we looked for in our review of accounting software.
- Of any type of business, small ones likely have the least bandwidth to devote to analyzing and optimizing these various elements, making them a good candidate for an ERP system.
- This system is calibrated to your needs, and its automated processes ensure that you can focus on procuring new items and selling them to your customers.
- The action you just performed triggered the security solution.
- These apps fall into a number of categories, such as food and beverage, non-profit, restaurants and hospitality, warehouse management, banking, and accounting.
- That backing makes it a powerful—but isolated—software system for businesses.
- They know that they have your data and they know that it would take alot for you to move off.
You can manage documents and track time and expenses and create reports and keep precise records on your interaction with contacts. Payroll is not a built-in function, as it is in Microsoft Dynamics GP. It is one of the first—and largest—cloud ERP solutions, and it has built the majority of its features and software in house. But it only offers four main feature modules up front, so there isn’t a good explanation for its high cost. This significant set of modules is almost never present in inventory management systems.
Who Uses NetSuite?
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. Other than it’s ability to do consolidated financials, I was happier on QuickBooks. I had to convince myself it would do everything I wanted to do, and it appears it will. We appreciate how Oracle has created separate customer portal versions for B2B and B2C e-commerce businesses.
Whether your business operates on a transaction, subscription, usage-based or hybrid model, Oracle NetSuite can help you manage your billing operations. It fully integrates with the platform’s advanced revenue management and compliance functions. Note that NetSuite is exclusively cloud-based, which is great if you want to work only from the cloud. Other ERP software, such as SAP Business One, can be used both in the cloud and on your IT system.
Customer Service
Oracle NetSuite OneWorld also has an excellent document management system, so you can keep images of the asset as well as other relevant documentation (such as vendor documentation or a Bill of Sale). A process workflow of this kind is not only an efficient way for users to work in general, it’s especially useful when onboarding new users or netsuite reviews introducing a new app platform. Using SuiteFlow, it’s not difficult to mimic an existing workflow rather than training a user to hunt down, understand, and incorporate the host of new features available in Oracle NetSuite OneWorld. NetSuite’s pricing may seem rather costly at first, but don’t let the amount of money deter you from using it.