1. NetSuite ERP
Available on PC and Mobile
The product at a glance
50%
Cost Reduction
EST.
1998
More than a decade of
experience
24k
Customers worldwide
Cloud­based ERP solution
Comprehensive financial management
capabilities
Providing real­time visibility
Functional Attributes
Functionality Performance
Requires no additional hardware, business doesn't have to waste time
procuring and installing IT infrastructure.
Fast Deployment
Optimised Performance
The cloud adjusts to performance needs, dynamically assigning server
cycles whenever and wherever needed. Speedy access to information.
99.98% Average uptime performance
Compatability
Platform: SuiteCloud
SuiteCloud Platform offers cloud development tools, applications and
infrastructure that allow NetSuite users to integrate with other buiness
systems.
Database: Shared Oracle Database
Allows differents parts of the business to access the same real­time
data by breaking up the information into logjams.
Multi­browser compatibility
Chrome, Mozilla, Safari, IE etc.
1. Financial
Management
a. Accounting
b. Fixed Asset
Management
c. Payment
Management
2. Supply Chain and
Inventory Management
3. Procurement
4. Order and Billing
Management
a. Billing
Management and
Invoicing
5. Warehouse and
Fulfillment
6. Revenue Recognition
Management
7. Financial Planning
8. Human Capital
Management
9. Recurring Revenue
Management
Non-functional Attributes
Price
Vendor Support
Training
Product Maturity Vendor Stability
A subscription fee of approximately
499$ per month and additional 99$
for every new user. The price
increases with customisation.
There are three types of support with fixed fees.
1. Silver
2. Gold (24/7)
3. Platinum (24/7 and dedicated team).
ERP Consultant Study Session ­ 2­day
dedicated course on the ERP solution,
which prepares the user to be a certified
ERP consultant.
It is a well­established product that has been
on the market since 1998. It has around
24000 customers, including ESET and
CommVault. The product scores high on a
number of software review websites, such as
PCMag.com, CloudPro.co.uk and
TrustRadius.com.
The vendor is financially stable. It is publicly
listed on the New York Stock Exchange
since 2007. 33% reported growth over the
previous year in 2015. NetSuite provides
consulting and implementation services.
Security
Application Security
Operational Security
Data Security
Service Availability
99.98%
References:
Platinum Gold Silver
Recommendations
Advertising
Education
Energy and Utilities
Financial Services
Real Estate
Healthcare Services
Manufacturing
Publishing and Media
Retail
Services
Software
Wholesale/Distribution
Types of Industries Recommended for Companies which:
Are small and mid­sized businesses
Need feature rich and highly customizable ERP solution
Are looking to eliminate manually­intensive spreadsheet­based reporting (easy­to­
use built in builder)
Have extensive reporting needs
Need customizable roles with permissions that support segregation of duties
Would benefit from an automated fixed asset lifecycle
Have offices all over the world and want to be able to access the system from
anywhere around the globe
Need to comply with many international accounting regulations
Have multiple transactions that need to be audited on a frequent basis
Not Recommended for Companies which:
Are looking for a basic ERP solution
Need only basic industry specific reporting
Do not have their own support for the software, in order to deal with bugs
and customisations
http://uk.pcmag.com/netsuite­erp/1996/review/netsuite­erp
https://www.g2crowd.com/products/netsuite­erp/reviews
https://www.trustradius.com/products/netsuite/reviews
http://www.cloudpro.co.uk/saas/erp/4030/netsuite­erp­review
Role­Level Access and Idle Disconnect; Strong 128­Bit Encryption; IP Address
Restrictions; Strong Password Policies
Comprehensive Security Certifications SSAE 16 (SOC1)/ISAE 3402 Type II; PCI DSS
Disaster Recovery and Multiple Backup Plans
Service Level Commitment; Multiple Data Centers; Completely Redundant Internet Connections