Because Netsuite is a web based ERP it integrates easily and runs on any operating system. You pay for this software as a service by the month – rather than having to lay out a large sum up front. With all of your data and software running on the internet you don’t have to worry about server capacity and other storage issues.
The Netsuite application is highly regarded as a comprehensive ERP tool suitable for larger SMEs and mid sized firms. The application has and can be regarded primarily as an accounting program with some added extras, but in reality it delivers as a complete business application tool.
Netsuite recently ranked #8 in the influential online review site Top Ten Reviews. It is 40% owned by MYOB Australia.
According to some reviews you may need to keep an eye on miscellaneous charges with the monthly payments of the software as a service.
Netsuite has been working hard to overcome its reputation as being primarily an accounting application with added CRM and ecommerce functionality that were perhaps not as strong as some of their competitors. The latest versions of the product focus specifically on addressing this perceived weakness and Netsuite generally attracts positive reviews in this regard.
There has also been some concern that the data centre is located at a third-party facility, making back up less dependable. But there is no compelling evidence that this has lead to significant problems for any companies employing the software.
Please talk to us if you are considering a Netsuite application for your business. One of our clients has had great success with the automatic inventory integration – saving several accounts people and significantly improving accuracy. We can discuss the ways in which Netsuite might benefit your business and what other options are available for you to consider.