Understanding NetSuite: The All-in-One ERP Solution

By Dean | May 1, 2025 | 0 Comment

If you’ve ever wondered how fast-growing companies manage accounting, inventory, CRM, and eCommerce all in one place, the answer might be NetSuite.

In this guide, we’ll explain what NetSuite is, what it does, and why more than 36,000 organizations globally rely on it to run their businesses efficiently.

Whether you’re an executive, a finance professional, or an ERP consultant, this article will give you a strong foundation in what NetSuite offers.

What is NetSuite?

NetSuite is a cloud-based Enterprise Resource Planning (ERP) system developed by Oracle.

It brings together multiple core business functions—like accounting, customer relationship management (CRM), inventory, and order processing—into one unified platform. Being cloud-native, NetSuite is accessible from anywhere and designed to scale with your business.

NetSuite was originally founded in 1998 and acquired by Oracle in 2016. Today, it’s one of the most widely used ERP systems in the world.

Who Uses NetSuite?

NetSuite is built for growing and mid-market companies, but it’s flexible enough to support businesses of all sizes—from startups to multinational enterprises.

Typical users include:

• eCommerce & Retail brands selling online and in-store
• Software & SaaS companies managing subscriptions and billing
• Manufacturing & Wholesale Distributors tracking inventory and supply chains
• Professional Services firms managing time, expenses, and billing
• Nonprofits with grant and fund accounting needs

Its modular approach means you can start small and add functionality as you grow.

Core Modules of NetSuite

Here are the primary NetSuite modules you’ll encounter:

1. NetSuite ERP

Handles core financials, accounting, billing, fixed assets, and procurement.

2. NetSuite CRM

Tracks leads, opportunities, quotes, customer communications, and support cases.

3. SuiteCommerce

An integrated eCommerce platform for B2C and B2B web stores.

4. SuitePeople

NetSuite’s Human Capital Management (HCM) solution for payroll, time tracking, and employee records.

5. SuiteAnalytics

Built-in reporting and dashboards to provide real-time business insights.

Each module is fully integrated, which eliminates the need for multiple disconnected systems.

Why Companies Choose NetSuite

Businesses choose NetSuite for several reasons:

• Cloud-Native: No servers to manage, no local installations—access everything securely online.
• Real-Time Reporting: Dashboards and KPIs update in real-time to help you make data-driven decisions.
• Highly Customizable: Use SuiteScript, Workflows, and SuiteBuilder to tailor NetSuite to your processes.
• Global Ready: Built-in multi-currency, multi-language, and tax compliance for global operations.
• Scalable: Grows with your business—from 10 employees to 10,000.

Common Questions About NetSuite

Is NetSuite only for large companies?

No. Many small and mid-sized businesses use NetSuite because it scales without needing to re-implement later.

Can NetSuite integrate with other tools like Shopify or Salesforce?

Yes. NetSuite has native and third-party connectors for popular platforms like Shopify, Amazon, Salesforce, and more.

Is NetSuite customizable?

Absolutely. You can customize fields, workflows, forms, dashboards, and even create custom apps using SuiteScript or SuiteFlow.

Final Thoughts: Is NetSuite Right for You?

NetSuite is powerful, flexible, and built for growth. Whether you’re just starting out or expanding globally, having a single system to manage your entire business gives you a serious competitive edge.

Ready to Learn More?

Follow this blog for future guides on:

• Creating custom Saved Searches
• Building SuiteScripts
• Industry-specific NetSuite tips
• Workflow automation

Curious if NetSuite is the right fit? Let’s connect for a free consulting session to walk through your goals, challenges, and how NetSuite can support your business.