NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.
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Sage Inventory Advisor
Score 8.0 out of 10
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Sage Inventory Advisor is a cloud-based inventory management solution designed to help manufacturers, distributors, and retailers that takes as little as 30 minutes to implement, and is accessible on a mobile device.
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Pricing
NetSuite ERP
Sage Inventory Advisor
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERP
Sage Inventory Advisor
Free Trial
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No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Users subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.
NetSuite ERP is a very robust ERP. For a small business, it might be overkill and even too expensive. What I mean by this is that there are advanced functionalities that NetSuite ERP has, such as forecasting, warehouse management, and custom workflows, that are not necessary for a small business. However, as a business starts to grow, NetSuite ERP provides endless growth opportunity to meet a companies needs. We are still technically a small company of only 15 employees, but NetSuite ERP has the ability to help us grow and we will not outgrow NetSuite ERP. NetSuite ERP can handle financial tracking with P&L, tax calculations, shipping, vendor management, and so much more.
As we are selling products in multiple countries, we need multiple warehouses. Many apps out there is very much limited to one warehouse per account, but here we can track multi-warehouses so its really suited for our company and future scalability. It gives us clear advantage on forecasting, we can now prepare well for stockouts, and safety stock levels, it reduce cost for us from overstocking, thus giving us real ROI
NetSuite is able to cover all of our needs, spanning multiple departments and managerial levels. We use it daily for a multitude of functions, including creating promotions, estimating inventory, pulling historical reports, forecasting sales, and more. Overall, we're very satisfied with NetSuite as an ERP solution and recommend it to medium to large businesses.
NetSuite is a cloud tool, and is easy to implement for mid-sized organizations. It comes with standard forms/ printing layouts, and financial reporting (both summary and detailed), which are very handy for business users. In addition to these, with 99.99% service availability, NetSuite makes it one of the most reliable ERP tools available on the market.
Although it helped us to reduce cost, and help our company to save time and money in making sure we are monitoring all of our products, avoid overstocking and avoiding stockouts, just like other apps out there, there is some room for improvements for the app - first, its too expensive for small teams, second, there are times some glitch in SKUs that are on both warehouses, it has less flexibility in custom reports, and customized barcode creation
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
I would like to give 8 rating for NetSuite support and reason for that is below: Whenever we faced any technical or functional issues we tried to reach out to NEtSuite support but response was not immediate. We told them about the urgency of the issue but still we were not getting response on time. Then, we have to reach out to AE to get things resolved.
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
I felt NetSuite Professional Services did an excellent job of guiding us in the implementation. I also felt our internal teams were a little resistant to the change and engagement of new software. Had we performed better engaging and buying into the new software, I would be able to rate the implementation better. Therefore, the lower number should not be viewed as a deficiency with the software or the professional services teams, but as an reminder of how important complete buy-in from the local users is.
NetSuite by far is the most expensive; However, compared to the 3 systems notated, the overall functionality, capability and reporting advantages make it my top choice for companies experiencing exponential growth across all departments. Its a best in class solution for just about any user.
We used Prediko before for few months to a year, and its visual is stunning, but its a startup company by that time and the development is slow. The integration is also barely limited at that time. Although in terms of prediction - its cheap alternative is already great for accurate forecasting of stockouts, how many and how much to order for replenishment, colorful warnings and notifications and simple reports. Its more cheaper than Sage Inventory Advisor, but we still chosen Sage Inventory Advisor because of how many functions Sage Inventory Advisor could offer, namely customizable reports, multi-warehouse options (not possible on Prediko) and easy integration to our apps for warehouses.
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
NetSuite software has improved our process controls and enhanced cash management, especially in huge projects.
The software has helped us with budgeting, forecasting, and real-time financial reporting.
Introduction of NetSuite ERP into our organisation has completely changed the way we do things by enhancing compliance, ensuring real-time project milestone tracking, and enabling portfolio management.
It reduced our warehouse storage cost as we can now plan ahead more accurately only buying what is needed
It helps us save time in organizing our datasets, thus our time is now revolving more on product sourcing rather than too much time in forecasting
We can now have a 3D view of our historical records and future scales, thus we can now more atleast near accurately predict future sales giving us data driven decision making easier
