NetSuite - Features, Pricing & What Users Say
NetSuite is a cloud-based business management suite that handles accounting, inventory, CRM, and financial operations - designed for mid-market and enterprise companies that need integrated tools across multiple business functions.
What Makes NetSuite Different
- Cloud-based deployment with no on-premise infrastructure required
- Unified platform combining financials, inventory, CRM, and operations in one system
- Real-time visibility into business data across departments
- Customizable workflows tailored to specific business needs
- Built-in compliance and regulatory reporting capabilities
Key Features
- General ledger and financial management with multi-entity accounting
- Inventory and warehouse management with real-time stock tracking
- Sales and opportunity management with pipeline visibility
- Purchase order and supplier management
- Automated financial reporting and consolidation
- Multi-currency and multi-subsidiary support
- Integration capabilities with third-party applications
- Mobile access to key business functions
Pricing
Contact NetSuite for current pricing. Pricing varies based on company size, modules selected, and customization requirements.
What Users Say
What users like:
- Easy to set up and configure for specific business objectives
- Seamless integration with third-party applications and systems
- Strong functionality for accounting and financial management
- Flexibility to tailor the platform to different workflows
Common complaints:
- Heavy customization can expose system limitations over time
- Steep learning curve for users unfamiliar with enterprise platforms
- Implementation and ongoing support can be resource-intensive
The Company
NetSuite was founded in 1998 and is headquartered in Austin, United States. The company has a team of over 1,000 employees and operates as a cloud-based business management platform. G2 rating data is not currently available.
Alternatives
- Zoho One - Integrated suite of CRM, accounting, and business management tools for mid-market companies
- Microsoft Dynamics 365 - Enterprise resource planning platform combining finance, sales, and operations
- SAP S/4HANA Cloud - Cloud-based enterprise resource planning for large organizations
- Workday - Cloud platform for financial management and human capital management
Frequently Asked Questions
What is NetSuite?
NetSuite is a cloud-based business management system that combines accounting, financial planning, inventory management, and customer relationship management into one platform. Unlike traditional on-premise software, NetSuite runs entirely in the cloud, meaning companies don't need to maintain their own servers. The system is designed to give businesses real-time visibility into operations across sales, inventory, accounting, and fulfillment - all from a single database.
How much does NetSuite cost?
NetSuite's pricing is not publicly listed and varies based on factors including company size, the number of users, which modules you need (accounting, CRM, inventory, etc.), and the level of customization required. Most companies need to contact NetSuite directly or work with an implementation partner to receive a custom quote. Implementation costs, training, and ongoing support are typically separate from the software license fees.
Is NetSuite worth it?
NetSuite works well for companies that need multiple business functions unified in one system and have the budget for enterprise software. Users report that the platform is easier to set up than full enterprise systems like SAP, but more robust than smaller solutions like QuickBooks. The value depends on whether your company needs the depth of features across accounting, inventory, and CRM - and whether you have the resources to implement and maintain it properly. Smaller businesses may find simpler alternatives more cost-effective.
What are the best NetSuite alternatives?
The best alternatives depend on company size and needs. Zoho One works well for mid-market companies wanting an integrated suite at lower cost. Microsoft Dynamics 365 is strong for companies already using Microsoft products. SAP S/4HANA Cloud serves large enterprises with complex operations. Workday focuses on financial and HR management for mid-market to enterprise companies.