NetSuite Review 2024: Features, Pricing & More

Oracle NetSuite does not publish a fixed price list on its website. The pricing varies depending on factors such as which product configuration your company selects, the add-on modules required, the total user count, the contract duration and specific netsuite reviews industry requirements. As such, Oracle NetSuite is not suitable for small businesses on a budget, but larger businesses with the resources to implement the platform may find its wide-ranging and advanced features well worth the cost.

For small businesses trying to keep costs low with simple accounting software, Oracle NetSuite may not be the best fit. While business management only increases in complexity as a company grows, many smaller businesses still find ERP software to be essential in 2024. 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. After getting all of our questions, answered, and capabilities confirmed, we made the huge investment to sign up.Everything we heard in the sales process was BS. Their SuiteCommerce website is about advanced as Yahoo Small Business was back in 2005.

Oracle NetSuite Accounting Software Editor’s Rating:

However, we ruled them out pretty quickly because we looked at other construction accounting and management softwares that already were built out for our industry and we felt would be a better fit. See more details on the competition in our full roundup of the best accounting software for small businesses. Claim your profile to access Trustpilot’s free business tools and connect with customers. Oracle Netsuite has twice granted our non-profit with a social impact software grant, allowing us free access to an impressive suite of functionality.

That can make Acumatica a better value than NetSuite for some businesses. As an additional bonus, Acumatica offers pre-configured versions for specific industries. Like Oracle NetSuite, Sage X3 is a cloud-based ERP solution with a variety of modules. They both offer tools for financial and supply chain management, among other things. But where Oracle NetSuite offers general tools that can apply to all industries, Sage X3 offers industry-specific add-ons for verticals like process manufacturing, food and beverage and distribution.

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Spare yourselves the pain and DO NOT go with NetSuite. The HR module allows you to customize NetSuite for your entire business. 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. By compiling data, CRM enables you to know each customer’s preferences before you add the personal touch.

Unfortunately, we don’t know how much the additional costs, as the pricing—as with most ERPs—is by request. It’s important to note that this software is not designed for everyone. NetSuite primarily focuses on large and enterprise-level businesses, not small businesses. It costs too much and has features that are designed to grow multinational businesses with hundreds of employees—not the next-door mom-and-pop shop.