Oracle NetSuite

What is NetSuite ERP?

NetSuite ERP is an all-in-one, AI-powered, cloud business management solution that helps organizations operate more effectively by automating core processes and providing real-time visibility into operational and financial performance. Effortlessly manage multiple subsidiaries, business units and legal entities with one ERP solution. With a single, integrated suite for managing accounting, orders, inventory, projects, production, supply chain and warehouse operations, NetSuite ERP gives companies clear visibility into their data and tighter control over their businesses. What is NetSuite ERP What is NetSuite ERP and How Does It Work? (Video)

Grow your business with an agile, AI-powered ERP system

The AI Advantage

As a unified suite, NetSuite centralizes your data from all business functions to provide an ideal foundation for getting the most out of AI. AI functionality is embedded throughout NetSuite, offering new ways to simplify tasks, suggest actions, and uncover business insights that result in more informed and better decisions.

'' The company could have handled the growth without an ERP system, but we would have been forced to hire a lot more people.

Ian Larkin

Controller, CentralReach

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NetSuite ERP Benefits

Automate Financial Processes. Improve financial operations, efficiency and productivity.

Gain Inventory Visibility. Monitor inventory levels, minimize carrying costs and deliver orders on time.

Supply Chain Optimization. Control the flow of goods across the value chain, from suppliers to customer.

Flawless Order Management. Error-proof your order management and procurement.

Increase Warehouse Efficiency. Optimize the putaway process and reduce picking errors.

Features

NetSuite ERP delivers wide-ranging benefits by automating business processes, improving operational awareness and giving organizations greater control over their resources.

Accounting Software

Transform your general ledger, optimize AR, automate AP and streamline tax management. Get a complete view of cash flow and financial performance

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Financial Management

Expedite daily financial transactions, accelerate the financial close process and ensure compliance. Get a complete, real-time view of your business’s financial performance, from a consolidated level down to individual transactions.

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Global Business Management

NetSuite OneWorld helps companies manage global operations, including multiple currencies, taxation rules and reporting requirements, across geographies and subsidiaries, all while providing real-time financial consolidation and visibility.

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Enterprise Performance Management

NetSuite Enterprise Performance Management brings together planning, budgeting, forecasting, account reconciliation, financial close, and reporting processes from across the entire organization.

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Inventory Management

Automate the management of your inventory. Keep inventory costs low while meeting customer delivery expectations. NetSuite delivers tools for tracking inventory in multiple locations, determining reorder points, managing replenishment and optimizing safety stock.

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Order Management

Streamline order processing by eliminating manual bottlenecks, preventing errors and establishing a smooth flow from sales quote to order fulfillment. The result: timely invoicing and payment.

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Supply Chain Management

Where an item is produced or stored shouldn't keep a business from meeting customer needs. NetSuite eases the process of moving goods or materials through an extended supply chain.

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Warehouse Management

Optimize warehouse operations with RF-device-directed putaway and picking tasks, driven by customized, user-defined strategies and advanced capabilities like wave management, cartonization, cycle count planning, real-time inventory updates and shipping system integrations.

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Procurement

Buy goods and services at the best price and in a timely manner. Save time, reduce costs and improve visibility into spending and vendor performance by centrally managing procurement. Ensure clear communication throughout the procure-to-pay process.

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Challenges

Manual Processes. Automate and streamline manual processes that waste time and resources.

Data Accessibility. Quickly and easily access real-time data across the organization.

Data Integrity. Provide stakeholders with timely, accurate financial statements, inventory reports and more.

Meeting Expectations. Deliver promised order accuracy, on-time delivery and cost savings.

Balancing Supply and Demand. Manage supply chains in the face of rapid change, rising costs and shifting buyer behavior.

Inventory Insights. Plan and balance inventory to meet demand.

Suite Success

Leveraging more than 25 years of experience working with tens of thousands of organizations, across all industries and business sizes, our SuiteSuccess customer lifecycle methodology helps customers transform their business. It starts by building an AI-powered, integrated business suite with industry-specific solutions. Then we engage with your business to ensure that we’re addressing your specific needs and guiding you along the way on how to best consume and optimize NetSuite to solve challenges of today and the future. This approach helps ensure customers experience faster time-to-value, better ROI, and greater employee adoption.

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Pricing

How Much Does NetSuite ERP Cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?
Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users – that’s the beauty of cloud software.