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About Oracle NetSuite

Category: Inventory Management
NetSuite Inventory Management is a business solution for inventories. The software is an all-rounder inventory, providing business owners with round-the-clock stock visibility, real-time stock tracking, and comprehensive knowledge of bulk and individual orders.

Oracle NetSuite Comparison

Limited Edition
Custom
Mid-Market Edition
Custom
Enterprise Edition
Custom

Expert Review

0.0
Price
3.0
Ease Of Use
4.0
Features
4.0
Support
4.0

Pros

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It is fully integrated with NetSuite ERP modules
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Can be customised with extra coding
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Excellent user interface.
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Multiple connectors for e-commerce and mobile functionality

Cons

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Costly subscription plans

Plans And Pricing:

NetSuite offers a highly flexible, unfixed pricing model that is designed to concur with the size of your business and the number of users who will be administering your dashboard after you subscribe. This model is excellent for business owners who want to scale and grow without missing out on any of the great features offered by the software.

You can contact customer service on the site to get a full quotation and price tailored to your business needs. This way, you do not need to pay for what you don’t use. Suppose you start with a lesser plan, and your business grows in time. In that case, all you have to do is to upgrade your subscription plan to allow the software to cater to the increased business size and all its ramifications, such as order, supply, and delivery.

All three of NetSuite’s plans come with Marketing Automation, Sales Force Automation (SFA), Case Management, Partner Relationship Management, General Ledger, Accounts Receivable, Accounts Payable, Acceptance of Credit Cards, ACH, EFT, Bank Management & Reconciliations, Multi-Currency & Multi-Language, Item & (basic) Inventory Management, Project Management (basic capabilities), Order Management, Purchasing and Employee Center.

Features & Functionality

General Features

Cycle Counting

NetSuite Inventory Management Software allows users to assess stock reserves in real-time. This way, overhead costs are completely eliminated with the lessening of safety stock levels.

Stock Tracing

You needn’t worry about where your products are- whether they have arrived or are en-route. The software allows business owners to trace stock via serial number or lot, thus enabling maximum stock visibility. In addition, the software takes note of all ongoing transactions, concisely displaying relevant information on your dashboard.

Replenishment 

You can also create your preferred reordering points and stock levels to help you maintain a good inventory quantity. Thus, users will be able to handle business operations in different locations, catering to demand in different locations simultaneously.

Warehousing

With its special warehousing features, NetSuite Inventory Management allows business owners to administer the tracking of stock in different locations, showing a comprehensive breakdown of available physical warehouses.

NetSuite Inventory Management also comes with special accounting and finance tools that combine real-time fiscal viability, in-depth accounting function, and key business insight to help you make better financial decisions in your business. With the billing feature, you can integrate finance and sales for easy processing.

Just as well, the financial reporting and planning tools enable users to integrate budgeting, planning, forecasting to render on-demand, real-time, decision-making data.

NetSuite Inventory Management Software is a cloud-based platform that is accessed upon subscription to the service. It is accessible from PC and mobile browsers and a mobile app on Android and iOS.

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Accounting Integration
v-pro
Activity Dashboard
v-pro
Alerts/Notifications
v-pro
API
x-con
Auditing
x-con
Barcode Recognition
x-con
Barcode/Ticket Scanning
v-pro
Billing & Invoicing
v-pro
Cloud Infrastructure
v-pro
Control Software
v-pro
Cost Tracking
v-pro
Customer Database
v-pro
Data Synchronization
v-pro
Forecasting
x-con
Kitting
x-con
Machine Learning & AI
v-pro
Mobile-device access
v-pro
Multi-Channel Management
v-pro
Optimization
v-pro
Purchase Order Management
v-pro
Replenishment
v-pro
Returns Handling
v-pro
Search/Filter
v-pro
Tracking

Advanced Inventory Features

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eCommerce Management
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Invoice Management
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Manufacturing Inventory Management Software
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Multi-Currency
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Multi-Location
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Order Tracking
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Product Identification
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Purchasing & Receiving
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Real-time Updates
v-pro
Reorder Management
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Status Tracking
v-pro
Stock Management
v-pro
Supplier Management
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Vendor Managed Inventory

Reporting/Analytics

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Customizable Reports
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Real Time Analytics
v-pro
Real Time Reporting
v-pro
Real-Time Data
v-pro
Sales Reports

Integrations & Add-ons

There are integrations with Asana, Authorize.net, Avalara, BambooHR, BigCommerce, Braintree, ChannelAdvisor, Copper, DEAR Inventory, Domo, Dynamics 365, FedEx for Salesforce, FedEx Ship, FreshBooks, Gusto, IBM Connections. In addition, there is API integration capability.

v-pro
Accounting Integration
x-con
Advertising credits
v-pro
Mailing lists
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Point of Sale (POS)
x-con
Search engine submission
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Third Party Integrations

Ease Of Use:

Potential users can determine their own unique pricing by inputting specific details about their businesses. The dashboard tools are easy to use, and there is 23/7 technical support (TAM: Technical Account Management) to resolve any issues that you may come across.

Verdict:

NetSuite Inventory Management Software is a cloud-based software designed by tech giants Oracle to enable businesses to scale and streamline their business operations. NetSuite helps automate and integrate revenue, inventory, order, and financial management while providing reliable billing, CRM, and e-commerce.

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