netsuite

pricing guide

Find answers to every NetSuite Implementation & Licensing question on this single page!
ERP Buddies has created this diverse list to answer the most commonly asked NetSuite Implementation & Licensing question. Here you would find answers that can possibly save you a large amount of money. So, without further ado, let’s get started.

How do Oracle NetSuite

costs operate?

NetSuite is highly customizable and scalable with built-in business intelligence cloud-based business management software. As every business operates on a unique business model, NetSuite has introduced 3 preferred NetSuite Solutions based on the size of the company and type of functionality. Most start-ups and small businesses often start their NetSuite implementation with the NetSuite Started Edition to manage their business process. It is understandable that as the company scales, it might need to upgrade its NetSuite licensing to the next tier. As NetSuite operates on the cloud, it becomes convenient for fast-growing businesses to switch from 1 solution to another without any issues. Our experts can seamlessly transfer existing workflows and processes from one edition to another as needed. To simplify, NetSuite has created its 3 editions on a completely subscription-based model on:
total

Total number of employees and company size

Total number of users and user count

locations

Total number of Subsidiaries/ Locations

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NetSuite Starter Edition Pricing & General information

NetSuite Starter Edition Pricing & General information

The NetSuite Starter Edition is ideally created for startups and small businesses that operate within a single country. Ideal prospects generally include a workforce of fewer than 50 employees with 6-10 dedicated NetSuite user licenses. The NetSuite starter edition is a great way for small businesses to choose an affordable solution that can still be easily upgraded to the next tier as the company scales

NetSuite Mid-market Edition Pricing & General information

NetSuite Mid-market Edition Pricing & General information

The NetSuite Mid-Market version is ideally created for businesses that need more than 10 dedicated NetSuite user licenses. Ideal prospects may also include businesses that operate multiple subsidiaries across multiple locations within the globe. This edition is best suited for businesses that operate in multiple countries and demand an efficient system to handle the daily operations across the local/regional/global level. NetSuite Mid-Market core platform edition ensures that the entire business stays compliant with the local taxation policies as per the country. This edition also has the capability to operate and create consolidated financial reports in multiple currencies to meet business goals more efficiently.

NetSuite Enterprise Edition Pricing & General information

NetSuite Enterprise Edition Pricing & General information

As the name suggests, the NetSuite Enterprise Edition is ideally created for an enterprise-level business base that operates in multiple countries with over 150+ dedicated NetSuite user licenses. The Enterprise edition contains all the functionalities from the NetSuite Starter Edition & NetSuite Mid-Market Edition. Additionally, the edition also contains NetSuite’s specialized module called “NetSuite OneWorld” that can easily handle business tasks like inventory management, financial reporting etc. across multiple countries and subsidiaries.

NetSuite Starter Edition Pricing & General information

The NetSuite Starter Edition is ideally created for startups and small businesses that operate within a single country. Ideal prospects generally include a workforce of fewer than 50 employees with 6-10 dedicated NetSuite user licenses. The NetSuite starter edition is a great way for small businesses to choose an affordable solution that can still be easily upgraded to the next tier as the company scales

NetSuite Mid-market Edition Pricing & General information

The NetSuite Mid-Market version is ideally created for businesses that need more than 10 dedicated NetSuite user licenses. Ideal prospects may also include businesses that operate multiple subsidiaries across multiple locations within the globe. This edition is best suited for businesses that operate in multiple countries and demand an efficient system to handle the daily operations across the local/regional/global level. NetSuite Mid-Market core platform edition ensures that the entire business stays compliant with the local taxation policies as per the country. This edition also has the capability to operate and create consolidated financial reports in multiple currencies to meet business goals more efficiently.

NetSuite Enterprise Edition Pricing & General information

As the name suggests, the NetSuite Enterprise Edition is ideally created for an enterprise-level business base that operates in multiple countries with over 150+ dedicated NetSuite user licenses. The Enterprise edition contains all the functionalities from the NetSuite Starter Edition & NetSuite Mid-Market Edition. Additionally, the edition also contains NetSuite’s specialized module called “NetSuite OneWorld” that can easily handle business tasks like inventory management, financial reporting etc. across multiple countries and subsidiaries.

NetSuite SuiteSuccess Implementation

NetSuite also provides a template-based NetSuite implementation solution which is known as SuiteSuccess Implementation. The SuiteSuccess implementation uses proven and most commonly used industry-best practices to create the system within 0 – 100 days. As mentioned before, each tier is fully scalable, customizable and upgradable to the next tier

Core out of box features and functions

of NetSuite ERP & NetSuite CRM

The main deciding factor of your NetSuite license subscription and implementation process cost revolves around the number of desired NetSuite users. The NetSuite Mid-Market and Enterprise edition does come with additional features like management of global expansion with multi-subsidiary, location and currency management. However, the core functionality of NetSuite remains the same which comes out-of-box with NetSuite ERP & NetSuite CRM (Customer Relationship Management)

Here are some of the out-of-box NetSuite ERP (enterprise resource planning) features:

Here are some of the out-of-box NetSuite CRM features:

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What is the cost of

NetSuite per User?

NetSuite licenses are always priced based on the User type and Role permissions. NetSuite is a SaaS and operates using the SaaS pricing model. This means that the price to implement NetSuite will always be depended on the choice of modules, number of full license users and number of self-service user licenses.

WHO IS A FULL LICENSE USER

IN NETSUITE?

As the name suggests, a User with a full license has access to particular functionalities in full capacity. For instance, a company would like to make its COO, CEO, Vice President, Managers etc. a full license user as these roles often need to overlook the entire company operation to create reports, gauge inefficiencies and more in a single glance on a daily basis.

Who is a self-service user/routine

user in NetSuite?

The self-service users in NetSuite consist of the employees that will be performing their daily operations in NetSuite. Regular tasks may include time tracking for project updates, expense reporting etc.
Another question that ERP Buddies often gets asked is regarding users who have “read-only” access to the NetSuite data. The read-only users often consist of external employees, vendors, contractors etc.
To make things easier, NetSuite data can be easily imported into Excel or other similar third-party applications using NetSuite’s SuiteAnalytics Connect (ODBC)
Furthermore, NetSuite users can also schedule and distribute NetSuite data via NetSuite’s innate reporting functionality in Excel, CSV, PDF or Word format.

What is the NetSuite pricing for

advanced modules?

It is obvious that each industry and company will have its own set of unique requirements which probably wouldn’t be fulfilled by NetSuite right out-of-box. Therefore, NetSuite offers numerous additional modules which can be licensed as add-on modules whenever needed. This makes it a perfect fit for companies that are looking to expand in the future stages.
NetSuite modules can be implemented however a company wishes on a wide range. NetSuite often bundles the most common industry operations and labels it as an “industry suite”. As an example, NetSuite for Distribution will contain every operation needed to run a Distribution business. When it comes to the cost for implementing these, it’ll always revolve around the Edition type which is Limited, Mid-Market and Enterprise level. One thing to note is that these modules can only be removed during the renewal of your contract period. For more detailed information regarding choosing appropriate NetSuite modules, Please contact our NetSuite Experts for more information.

BROWSE NETSUITE MODULES

It is obvious that each industry and company will have its own set of unique requirements which probably wouldn’t be fulfilled by NetSuite right out-of-box. Therefore, NetSuite offers numerous additional modules which can be licensed as add-on modules whenever needed. This makes it a perfect fit for companies that are looking to expand in the future stages.
NetSuite modules can be implemented however a company wishes on a wide range. NetSuite often bundles the most common industry operations and labels it as an “industry suite”. As an example, NetSuite for Distribution will contain every operation needed to run a Distribution business. When it comes to the cost for implementing these, it’ll always revolve around the Edition type which is Limited, Mid-Market and Enterprise level. One thing to note is that these modules can only be removed during the renewal of your contract period. For more detailed information regarding choosing appropriate NetSuite modules, Please contact our NetSuite Experts for more information.

WHAT IS NETSUITE SUITECOMMERCE?

NetSuite offers 3 solutions for E-commerce platform management. These solutions are not sold individually but have to be opted along with NetSuite ERP. As a sidenote, NetSuite Ecommerce can be easily integrated with NetSuite ERP and CRM

What is SUITECOMMERCE BUILDER

SuiteBuilder is one of NetSuite’s oldest E-commerce products that was developed over 10 years ago. Today, SuitebBuilder is available for licensing, however, it is not recommended to implement it due to its limited functionality.

SUITECOMMERCE STANDARD

SUITECOMMERCE STANDARD

SuiteCommerce Standard was developed to replace NetSuite’s SuiteCommerce Builder. SuiteCommerce Standard utilizes a template-based approach to make it easy for the end-user to make adjustments in their E-commerce. If your company has a simple product inventory and an easy checkout process, the SuiteCommerce Standard Solution is the way to go.

SUITECOMMERCE ADVANCED

SUITECOMMERCE ADVANCED

SuiteCommerce Advanced is NetSuite’s E-commerce solution for businesses operating in multi-channels like in-store shopping, E-commerce etc. The SuiteCommerce Advanced solution can easily operate with multiple brands, establish matrix items, in multi-language and currency from a single platform itself! Companies can even customize their shopping and checkout experience with SuiteCommerce Advanced.

SUITECOMMERCE STANDARD

SuiteCommerce Standard was developed to replace NetSuite’s SuiteCommerce Builder. SuiteCommerce Standard utilizes a template-based approach to make it easy for the end-user to make adjustments in their E-commerce. If your company has a simple product inventory and an easy checkout process, the SuiteCommerce Standard Solution is the way to go.

SUITECOMMERCE ADVANCED

SuiteCommerce Advanced is NetSuite’s E-commerce solution for businesses operating in multi-channels like in-store shopping, E-commerce etc. The SuiteCommerce Advanced solution can easily operate with multiple brands, establish matrix items, in multi-language and currency from a single platform itself! Companies can even customize their shopping and checkout experience with SuiteCommerce Advanced.

QUICK WORD ON

SUITECOMMERCE IN-STORE

SuiteCommerce InStore provides retailers and online stores with a robust platform to unify their physical store and digital e-commerce with a single solution. With SuiteCommerce InStore, companies can equip their Sales Reps with all the inventory and customer data to provide a better customer experience.

WHAT IS NETSUITE OPENAIR?

NetSuite OpenAir is NetSuite’s professional services automation. OpenAir can easily integrate with NetSuite., but it is equipped with the needed functionalities for seamless integration between Oracle, SAP, Salesforce and more. OpenAir is highly customizable and we always recommend talking with one of our OpenAir experts to get an accurate idea of the OpenAir costing. Click here to know your OpenAir pricing

NETSUITE OpenAir comes equipped with:

proJECT ACCOUNTING

resource mgm

RESOURCE MANAGEMENT

time tracking

TIME TRACKING & MANAGEMENT

invoicing

EXPENSE MANAGEMENT

reporting

REPORTING/ DASHBOARDS

invoicing

INVOICING

OpenAir can easily integrate with NetSuite., but it is equipped with the needed functionalities for seamless integration between Oracle, SAP, Salesforce and more. OpenAir is highly customizable and we always recommend talking with one of our OpenAir experts to get an accurate idea of the OpenAir costing. Click here to know your OpenAir pricing

WHAT IS

NETSUITE services resource planning (SRP)?

NetSuite’s Service Resource Planning (SRP) is NetSuite’s cloud-based project management software with multiple project tracking and management functionalities.

NETSUITE SERVICES RESOURCE PLANNING COMES EQUIPPED WITH:

pmt

proJECT MANAGEMENT & TRACKING

ras

RESOURCE AND STAFF ALLOCATION

jc

JOB COSTING

However, the advanced modules come with additional features as below:

NETSUITE OPENAIR

CUSTOMER RELATIONSHIP MANAGEMENT

tam

TIMESHEET And EXPENSE MANAGEMENT

pdb

PROJECT DELIVERY & BILLING

EXPENSE MANAGEMENT CAPABILITIES

WHAT IS

NETSUITE PRICING FOR SMALL BUSINESSES?

Many businesses that are in their primary stage consider NetSuite to be an expensive business management solution but they fail to see the wider picture. Therefore, we often see businesses implementing cheaper alternatives like QuickBooks, Sage Intacct etc in the initial stages of the business. Due to this unknowingly over a period of time, businesses start to implement multiple systems to handle each core business department. This leads to a traditional hairball solution, as these companies soon start to outgrow their ERP, ultimately increasing their total cost of ownership.

When a company implements multiple systems, it might be spending more than a NetSuite implementation. Therefore, we always recommend growing business owners talk to our NetSuite experts who can provide an estimate (scope of operation) before making any final decision.

Explore NetSuite Pricing for Small businesses

What are the phases of a

NetSuite Implementation and what is the cost of a NetSuite Implementation?

The cost to implement NetSuite will always vary from customer to customer and is hugely dependent on the type of modules a business would like to implement. A NetSuite implementation consists of various steps. These steps help the NetSuite partner to formulate a better ERP system for your business. The cost of implementing NetSuite will always depend upon the number of hours that will be spent in each phase.

To break down the phases:

Discovery and Analysis Phase

In most cases, the first part of implementing NetSuite always begins with the Discovery and Analysis phase. In this phase, the goal of the implementation partner is to understand the business processes, the gaps and the requirements of the client. This information is compiled in the document which is referred to as BRD or Business Requirement Document.
discobery

Product configuration & deployment phase

The actual work of implementing NetSuite begins once the Business Requirements Document gets signed by the client. In this phase, ERP Buddies will generally spend a considerable amount to configure the NetSuite system. NetSuite customizations are also a part of this phase. This generally lasts for up to 10-14 weeks with 2-3 configuration sessions each week.
The total number of work sessions and time to configure NetSuite will largely depend upon the scope of work, the size of the company, number of employees, go-live date and so on.

configuration

Data migration phase

In this phase, ERP Buddies will start to migrate existing data from your legacy system into your new NetSuite ERP system. Information like fixed assets, bill of materials, routing, historical data like past transactions, sales reports etc. can be easily migrated from your legacy system into NetSuite. This data helps the business to create reports and forecast market demand. To carry a successful data migration, we follow our proven methodology that ensures data integrity is maintained at an all-time high.
migration

The 5-step process involves:

Cleaning & mapping data into NetSuite

Validate the data from client’s Subject matter Expert( SME)

Import data into NetSuite

Run a Final report

SME signs off and confirms data migration is completed as needed.

Cleaning & mapping data into NetSuite

Validate the data from client’s Subject matter Expert( SME)

Import data into NetSuite

Run a Final report

SME signs off and confirms data migration is completed as needed.

* A Subject Matter Expert will check the ‘must haves’ and ‘nice to haves ‘ of your data. An SME is generally a Department/General Manager or Head.

Netsuite integration phase

In this step, ERP Buddies will work on integrating NetSuite with your systems that are currently in use. Customers can choose from the following options to create their unique NetSuite integration

suitscript

ERP Buddies can develop your unique customization with SuiteTalk, which is an integration tool that allows for seamless integration between NetSuite and legacy systems.

Netsuite connectors

NetSuite connector is essentially an application that works conveniently without having to worry about coding. Connectors are provided by vendors like Celigo. These connectors cost money and generally charge on a monthly basis.

Integration platform as a Service (iPaasS)

Using an iPaasS platform is the final way for a NetSuite integration. This process generally costs the most but makes sure that the integration will be concrete without having to worry about broken integrations, issues and more. Dell Boomi, Celigo etc. are some of the most commonly used iPaaS platforms that are used

Netsuite customization phase

In this step, ERP Buddies will customize your NetSuite account for a personalized experience. Some basic customizations include role customizations, permissions, creating custom approval processes and more. The time required to complete this phase depends on the type of customization requirement.
custom

Netsuite training phase

In this stage, ERP Buddies will spend time training the team to efficiently use their NetSuite system to work in better efficiency. To sum it up, a NetSuite implementation consists of Discovery and Analysis Phase, Product configuration and Deployment Phase, Data Migration phase, NetSuite Integration phase, NetSuite Customization phase and a NetSuite Training phase
As mentioned, a NetSuite implementation will always be unique to the organizational requirements. For more information, we have compiled a list of the most common NetSuite Implementation FAQs.

Explore NetSuite Resources

Case Studies, White Papers, Webinars, podcasts, etc.

Netsuite implementation

FAQ

NetSuite Support is the support service that is provided to ensure day to day operations run smoothly on your NetSuite Account. NetSuite’s basic technical support is included in your NetSuite licensing cost. However, for 24/7 support and case resolution, we urge customers to choose our custom Support Services as we already know your system in-depth.
A NetSuite SuiteSuccess implementation is fairly easy as it uses pre-set reports, work roles, KPI’s and dashboards based on most common industry functionalities. The main goal of this implementation is to provide a go-live within 100 days. ERP Buddies experts will carefully analyze your business requirement and suggest if a SuiteSuccess implementation is recommended or not.
Yes, opting for a multi-year NetSuite licensing contract is always beneficial as it locks the licensing costs for the entire term that is signed for.
A NetSuite sandbox account is a replica of your production account. The sandbox account is generally used to trial and experiment customizations in a secure environment that doesn’t affect the day-to-day operations of the business. The Sandbox account has to be licensed with an additional fee. We always recommend talking with our NetSuite experts for detailed information regarding the Sandbox accounts.
The NetSuite’s limited edition can be opted by small businesses if they want to implement NetSuite. This NetSuite edition can be upgraded to the next tier as the company scales.
Yes! You can choose the exact modules you wish to implement with NetSuite. You can add more modules in the future when required.
No, it isn’t. You can implement NetSuite CRM if needed.
NetSuite OneWorld is used by organizations that require multi-location, multi-subsidiary and multi-country management. Whereas NetSuite ERP is often implemented by businesses that do not require the above-mentioned functions.
To understand the cost of NetSuite per month, ERP Buddies will first have to check your type of NetSuite tier, modules in use, customizations, integrations, support package etc. to determine the monthly cost.
Yes! ERP Buddies provides a 14-day no-obligation trial period of NetSuite to customers! Contact us today for more information!

Ready to implement NetSuite ERP?

Implementing a NetSuite cloud solution is not a small decision. For more information, we highly urge prospective buyers to get on a call with our NetSuite experts as they can help you gauge the possibilities with NetSuite. We work towards providing your solutions within the stated time, budget and requirement.

Why choose erp buddies for your netsuite implementation?

why-erp-buddies

ERP Buddies is a North American NetSuite Cloud ERP Solution Provider (Software Vendor) with diverse experience in implementing ERP systems for multiple companies across wide industry verticals with a true cloud solution.

With offices in the U.S, Canada (North America), Philippines, India (Asia) and UK, Spain (Europe), our experts are accessible globally and make it their priority to create a smooth and positive experience for clients. Our experts assist clients throughout the entire implementation process, with on-site support and consultation, along with additional assistance in customizing your system functionality to guarantee it meets your business needs.

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