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A Comprehensive Guide to Understanding How Much is NetSuite

Modern businesses are scaling in a manner never before seen, and it’s being done through the cloud. With everything going digital, it’s no surprise to see programs like NetSuite for small business owners rapidly gaining in popularity.

With the ability to track finances, manage company inventory, and organize documents, NetSuite helps businesses grow at rapid speeds. If you’ve looked into NetSuite before, you’ve likely wondered about how much is NetSuite going to cost and whether it’s worth the price.

This article has the answers you seek. Keep reading to learn more!

NetSuite Prices: What’s the Cost of NetSuite?

NetSuite is a single software that offers multiple layers of premium services. The services you’re able to access usually correlate to the type of plan you pay for. Here are a few things to keep in mind when deciding on the right plan for your company’s needs.

Contract Length

The first thing you should consider is how long you’ll be using NetSuite. It’s likely going to be difficult to determine exactly how long you’ll need the software. However, taking time to approximate your contract length can help you determine your NetSuite cost per year.

Company Size

In many cases, the requirements of a software service are directly related to the size of the company. Netsuite offers multiple tiers that cater to various business sizes, so you’ll just need to find the appropriate tier for your needs.

Customization Needs

NetSuite is a highly customizable software, and a large part of what determines your pricing is the custom features your company needs. If you need more features, or ones that are more nuanced and complex, you’ll need to factor that into your total cost.

Types of NetSuite Packages

NetSuite is not a one-size-fits-all program; each company gets a version customized to its needs. However, there are various packages you can choose from to help better tailor to your business demands. Here are a few of the more popular ones to know.

Enterprise Resource Planning

Enterprise Resource Planning, or ERP, is perhaps the most popular package offered by NetSuite. Enterprise Resource Planning is a tool designed specifically for business management and streamlined use.

ERP integrates all of your business’s functions into one system, so you don’t need to access multiple applications to operate your company.

Customer Relationship Management

Customer Relationship Management, or CRM, is another popular option from NetSuite. B2C relations are crucial to the success of any business, but oftentimes small companies aren’t the best at fostering and building those relationships.

CRM tools are a great benefit to help businesses market to consumers and also help them to understand their customers.

Financial Management and Accounting

The financial management and accounting package offers a comprehensive management suite. You’ll be able to use tracking services, handle tax compliance, and manage multi-currency issues in real-time.

To summarize, the price you’ll pay for NetSuite depends on what works best for your company. Check out some of the best NetSuite consulting firms to learn more about NetSuite and to make the right choice for your business.

How Much Is NetSuite? Now You Know

Now that you know how much is NetSuite, your business will have no trouble getting the perfect package. Check out our site to get more info for your business success.