Oracle Netsuite FAQ’s

The TPI team recommends utilizing Netsuite to satisfy your business needs. Netsuite provides a flexible solution to run more efficiently and cost-effectively. Netsuite offers numerous areas of support including, but not limited to: enterprise resource planning, financial management and accounting, e-commerce, customer relationship management as well as inventory and warehouse management.

1. WHAT IS NETSUITE?

The Netsuite software is an online service that enables companies to manage all key business processes in a single system.

2. WHAT ARE THE BENEFITS OF NETSUITE?

  • A single data set: All core reporting and searches are real-time
    • Cloud-based SaaS: No capital outlay on infrastructure
    • Low cost for an ERP: Very competitive pricing in comparison to SAP, Microsoft GP, Oracle, Salesforce and most — if not all — other well-known vendors
    • Financials are excellent: NetSuite was built from Oracle Small Business (aka NetLedger) with the backing of Larry Ellison, co-founder of Oracle
    • Highly customisable via the GUI front-end or scripting: Includes workflow and custom fields, lists and records/tables
    • Extremely powerful front-end search functionality for all users: Enables everyone to create and extract reports for themselves
    • Extensively customisable: Custom management and operational dashboards and reports
    • Supports complex businesses: Supports businesses with multiple locations/warehouses, foreign currencies, subsidiaries and multi-national presence
    • Report on any transactional information by any or all of the following: Location, Department and Class, or custom segments, allowing a business to slice and dice it’s reporting while maintaining a simple General Ledger/Chart of Accounts
    • Only pay for the modules you need
    • Particularly suited to small and medium sized businesses
    • Relatively user-friendly interface

3. HOW MUCH DOES NETSUITE COST?

You can subscribe to NetSuite for as little as $99 per month depending on your requirements, however the price will depend on the nature of the solution you require.

4. WHAT IS INCLUDED IN THE NETSUITE COST?

All software hosting, upgrades and maintenance costs are included in the subscription.

5. IS THERE A LIMIT ON THE NUMBER OF NETSUITE USERS I CAN HAVE?

No, NetSuite is a totally scalable solution that supports any number of users ranging from one to thousands.

6. How often does netsuite upgrade?

Twice a year.

7. Can i access netsuite from a mobile device or tablet?

Yes.

8. Does netsuite offer a built-in e-commerce platform?

Yes.

9. is netsuite geared for small, medium or large businesses?

Netsuite is geared for all sized businesses.

10. does netsuite offer industry-specific solutions?

Yes.