Oracle NetSuite Buyer's Guide
This guide has been created using Cledara’s data to help software buyers make an informed decision on whether
Oracle NetSuite
is the right solution for their business.
Oracle NetSuite is an integrated cloud-based ERP solution designed to streamline business processes across finance, CRM, eCommerce, and inventory management. It provides comprehensive visibility and control over key business operations, facilitating growth and efficiency for businesses of all sizes.
Overview
Finance
Customer Success
Cledara’s Take
NetSuite is an all-encompassing cloud-based ERP system that promises to manage everything from business finances and operations to customer relationships. This platform has the potential to centralize your most important information and automate many processes, saving you precious time. That being said, it is a complex system, and to avoid wasting resources, it is important to have all the information from the get go.
Before you sign, make sure you understand what the plan includes. Some customers have had experiences with unforeseen additional charges and compatibility issues. Luckily, NetSuite’s customer support is known for their responsiveness and help they offer users.
So, what's the takeaway here? Like any big software decision, it's all about doing your homework. And remember, there is no such thing as the perfect tool, but finding one that fits your needs can make all the difference.
Pricing for Oracle NetSuite is customized based on the specific needs of each business, including the selection of modules, the number of users, and any additional services required. For this reason, making an average calculation can be difficult because the price can vary greatly.
Keep in mind that these are meant to convey a yearly subscription and do not include one-off costs such as implementation, which can go anywhere from $25,000 to $150,000 depending on the size and the complexity of your business. Other costs may add up, as well, including customizations, integrations, and training or support.
Plans and pricing
0-50 Staff
Lower Price
Median Price
Upper Price
0-50 Staff
$
13176
$
18239
$
24654
50-150 Staff
Lower Price
Median Price
Upper Price
50-150 Staff
$
31562
$
60382
$
70277
150-250 Staff
Lower Price
Median Price
Upper Price
150-250 Staff
$
80132
$
103987
$
140678
Prices are based on real Cledara data and are stated in as yearly costs in USD. The prices are based on the 25th, 50th, and 75th percentile and will include the full cost (including items such as tax)
Open Pricing Index
What is Oracle NetSuite used for?
Oracle NetSuite serves as a comprehensive ERP system, enabling businesses to manage and optimize their finance, sales, purchasing, inventory, and customer interactions within a single, integrated platform.
Use cases
Streamlined financial operations
Centralizes financial processes such as accounting, billing, and revenue management, enhancing efficiency and compliance.
Comprehensive CRM and eCommerce integration
Manages all aspects of customer relationships and online sales, providing a 360-degree view of the customer journey.
Efficient inventory and supply chain management
Offers real-time insights into inventory levels, supplier performance, and procurement strategies to optimize operations.
Oracle NetSuite main features
- Financial management
Advanced features for accounting, financial planning, and reporting. - CRM
Integrated tools for managing customer relationships, sales, and marketing efforts. - eCommerce
Capabilities to support online sales, from website creation to order management. - Inventory management
Tools to manage stock levels, orders, and supply chains effectively. - Project management
Facilitates project tracking, resource allocation, and billing. - Customization and integration
Extensive customization options and integration with third-party apps for tailored functionality.
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What do people think of Oracle NetSuite?
Gathering reviews from various sources provides insights into Oracle NetSuite's strengths and areas for improvement, from the perspective of its users.
View on G2 (4 stars) View on Capterra (4.7 stars)
Oracle NetSuite highlights
- Comprehensive ERP capabilities
Users value its all-in-one approach for managing business processes. - Customization and scalability
Its adaptability to business needs and ability to scale with growth are highly praised. - Cloud-based efficiency
The platform's cloud nature is appreciated for providing accessibility and real-time data insights.
Oracle NetSuite concerns
- Implementation complexity
Some users report challenges with the initial setup and customization process. - Learning curve and usability
New users may face a steep learning curve and navigate the system's extensive features. - Cost considerations
Concerns about the overall cost, including customization and additional services, are noted.
Oracle NetSuite
is compliant with:
SOC 2, ISO 27001, GDPR
Alternatives to Oracle NetSuite include other ERP systems and accounting software, each with unique features suitable for different business sizes and industries.
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