What is NetSuite? The First True Cloud ERP Platform

A true cloud solution, NetSuite is a leading enterprise resource planning (ERP) software. More than 36,000+ companies worldwide are running their businesses on NetSuite. Known for its robust capabilities, business intelligence and user-friendly interface, it’s a full package solution. But what is NetSuite?

What is NetSuite?

NetSuite is a fully integrated “all-in-the-box” cloud ERP software with the capabilities needed to run your business processes entirely on one platform. NetSuite’s core business modules include:

  • Financial Management and Planning
  • Order Management
  • Production Management (Manufacturing)
  • Supply Chain Management
  • Warehouse and Fulfillment
  • Procurement
  • SuitePeople (HR and Human Capital Management)
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NetSuite Cloud ERP Software

NetSuite is a leading cloud-based ERP software that helps companies run their business operations in one location – creating one source of truth for business data. Use dashboards with real-time information to make informed decisions. These user-friendly tools allow you to gain useful insight into company profit, inventory, project planning and more. Additionally, users can easily drag and drop various tools, allowing you to better personalize your dashboard to your preferences.

Run your supply chain and warehouse through NetSuite to ensure proper inventory management, logistics and more. Manage your finances by setting up approval workflows, enhancing your reporting and ensuring compliance. Streamline the purchasing process through automation, which saves time, as well as improving the accuracy of the procure-to-pay process by linking transactions, providing approval and matching workflows.

NetSuite is used by small- and mid-sized businesses as well as by companies of any size thanks to the software’s scalable and agile nature. As smaller businesses grow and expand, NetSuite continues to offer the same useful tools that accommodate your operations and still provide a clear end-to-end picture of your business at every stage.

At the large enterprise level, NetSuite remains a leading ERP software option. In addition to its affordability and agility, NetSuite is also a good solution for larger businesses that have subsidiary companies. Instead of purchasing separate technology that manages different parts of the business, NetSuite provides real-time visibility to the company as a whole.

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Top Benefits of NetSuite

ERP software provides numerous benefits to businesses in order to run their operations. NetSuite, a cloud-based ERP system, allows you to access your data in real time and from anywhere while always operating on the same release as other customers. Its proven track record not only provides a positive ROI for businesses that run it, but also peace of mind. Some of NetSuite’s top features are:

In addition to the user-customized dashboards that allow employees to design how they interact with their workspace, NetSuite makes work easier for the user. Up-to-date analytics are quickly accessed and allow you to make informed decisions. Authentication is role-based, which makes it simpler and more secure. Users can manage and share documents with ease, while NetSuite software’s responsive design makes mobile access standard.

Real-time analytics provide you with the context of a business decision. All data is maintained within your NetSuite platform, allowing you to have a clear view of your operations. Reporting tools are easy to use and allow users to identify issues, trends and opportunities.

NetSuite is an “all-in-the-box” system, designed to be the complete solution for the entire business without time-consuming product upgrades. As your business grows, you can add users and modules to your existing platform with ease. Unless special coding, enhancements or other configuration is required, customers can purchase the necessary applications or additional users and install themselves.

While NetSuite has broad capabilities that can be utilized effectively across many industries, the software is optimized to be used best for specific ones. More than 40,000 companies in more than 160 countries run NetSuite in industries such as distribution, manufacturing, professional services, high technology, publishing, retail, nonprofits and more.

What’s New with NetSuite

Due to its cloud-based nature, 100 percent of NetSuite users are running the same version. As new features are introduced, they are pushed out to users on a rolling basis (usually over the course of two months) instead of requiring an upgrade project to implement updated tools.

Learn more about the most recent version of NetSuite.

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