Is NetSuite Worth $999/Month? I Found Out (2026)

Is NetSuite Worth It?

★★★★★ 4.5/5

Quick Verdict: Oracle NetSuite is a powerful cloud based ERP system built for growing companies. It handles accounting, inventory management, CRM, and supply chain management in one place. The price tag is steep. But if your business needs a fully integrated business management software, NetSuite delivers real time data and real time visibility across every department.

✅ Best For:

Medium sized businesses and large businesses that need enterprise resource planning with financial management, order management, and warehouse management all in one ERP system.

❌ Skip If:

You’re a small business owner with basic accounting needs. The cost and learning curve make it overkill for small business use.

📊 Customers	40,000+ worldwide	🎯 Best For	Mid-market to enterprise ERP
💰 Price	Custom (starts ~$999/mo + $99/user)	✅ Top Feature	Unified cloud based ERP
🎁 Free Trial	No (demo available)	⚠️ Limitation	Steep learning curve

How I Tested NetSuite

Tired of juggling five different tools to run your business?

Your accounting lives in one app. Your inventory in another. Your sales team uses something else entirely.

Nothing talks to each other. You waste hours pulling data from other systems.

Enter NetSuite.

In this netsuite review, I’ll show you exactly what happened after 90 days of real use. You’ll see the good, the bad, and whether it’s worth the investment for your business.

NetSuite

Stop juggling separate tools for accounting, inventory, and sales. Oracle NetSuite gives you a complete view of your business’s finances and operations in one cloud based platform. Used by 40,000+ companies worldwide. Request a free demo today.

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What is NetSuite?

NetSuite is a cloud based ERP platform made by Oracle Corporation.

Think of it like a command center for your entire business.

It connects your accounting software, customer relationship management, inventory management, and supply chain into one system.

Instead of switching between apps, you get a complete view of everything.

The netsuite ERP handles financial processes, order management, warehouse management, and even e commerce.

It gives you real time data on all your business processes.

Unlike QuickBooks or Xero, NetSuite is built for growing companies that need more power.

It supports multiple currencies, global accounting, and custom integrations with other software.

Who Created NetSuite?

Evan Goldberg started NetSuite in 1998.

The idea came from a phone call with Larry Ellison, the founder of Oracle Corporation.

They wanted to build accounting software that worked on the internet. Back then, that was a wild idea.

The company first launched as “NetLedger.” It was one of the first cloud based business tools ever made.

Today, NetSuite has grown into a major player:

• Over 40,000 customers in 219 countries
• Acquired by Oracle in 2016 for $9.3 billion
• Headquartered in Austin, Texas

Evan Goldberg still leads the NetSuite team as Executive Vice President at Oracle.

Top Benefits of NetSuite

Here’s what you actually get when you use NetSuite:

• One System for Everything: NetSuite replaces separate tools for accounting, CRM, inventory, and more. You get a complete view of your business in a single platform. No more switching between other systems.
• Real Time Visibility: See your financial performance and key performance indicators the moment they change. NetSuite provides real time visibility into financial data across all business units.
• Scale Without Switching: Start with basic accounting. Add inventory management, warehouse management, or professional services automation later. The platform grows with your business.
• Go Global Easily: NetSuite supports multiple currencies, global accounting, and local tax rules. Growing companies can expand worldwide without changing their ERP system.
• Better Financial Statements: Get accurate financial statements, enhance audit trails, and track expenses across all business units. Your financial data stays clean and organized.
• Save Time on Manual Work: Automate expense reports, vendor bills, and payroll management. Netsuite offers automation that cuts hours of repetitive tasks every week.
• Access Anywhere: It’s fully cloud based. Access your data from any device. NetSuite even has a mobile app for managing business on the go.

Best NetSuite Features

Let’s look at what NetSuite actually offers under the hood.

1. Customizable Sales Templates

NetSuite lets you build custom sales templates for your sales team.

You can create quotes, invoices, and proposals that match your brand.

The templates pull customer data directly from the CRM module.

This means less manual typing and fewer mistakes. Your sales team closes deals faster with clean, professional documents.

2. Ease of Use

Not gonna lie — NetSuite has a learning curve. But once you get past it, the dashboard is surprisingly user friendly.

Role-based dashboards show each team member only what they need.

Your accountant sees financial processes. Your warehouse team sees inventory. Nobody gets overwhelmed with data they don’t need.

The SuiteCloud platform lets you customize layouts without writing code.

3. Reports and Analytics

This is where NetSuite really shines.

SuiteAnalytics gives you instant access to key performance indicators and financial metrics.

You can build custom reports on financial performance, customer data, and inventory levels.

Everything updates in real time. No waiting for end-of-month reports. You see your business’s finances as they happen.

4. Sales Workbook

The Sales Workbook helps your sales team track deals from start to finish.

It connects directly to customer relationship management data.

You can see pipeline value, win rates, and forecast revenue.

Your sales team gets a clear picture of what’s working and what’s not. It’s one of the better CRM features in any ERP system.

5. Performance Indicators

NetSuite’s dashboard shows your key performance indicators at a glance.

Revenue, expenses, cash flow, and customer data — all on one screen.

You can set up alerts for when numbers hit certain thresholds.

This gives netsuite users fast access to the financial data that matters most.

6. Fixed Assets Management

Track all your fixed assets in one place.

NetSuite handles depreciation, maintenance schedules, and asset transfers between business units.

This is huge for companies with lots of equipment or property.

The accounting capabilities automatically calculate depreciation. Your general ledger stays accurate without manual entries.

7. Multi-Book Accounting

Need to report finances differently for different regions? Multi-Book Accounting lets you do that.

You can maintain multiple sets of books from a single transaction.

This is perfect for companies dealing with multiple currencies and different tax rules.

It helps enhance audit trails and keeps your global accounting clean.

8. Accounts Receivable Automation

Stop chasing payments manually.

NetSuite automates invoicing, reminders, and payment tracking.

You can see who owes what in real time. Cash management becomes much easier.

The system even flags overdue accounts so nothing slips through the cracks.

9. Accounts Payable Automation

Managing vendor bills gets much simpler with NetSuite.

The system processes bills, matches purchase orders, and schedules payments. You get flexible payment options for different vendors.

You can approve vendor bills from your phone with the mobile app.

This cuts down the time your accounting team spends on manual data entry. Your financial processes run smoother overall.

NetSuite Pricing

Here’s where things get tricky. NetSuite does not show pricing on its website.

You have to contact Oracle for a custom quote based on your needs.

Free trial: No free trial available. NetSuite offers product demos instead.

Money-back guarantee: No. Contracts are typically annual.

📌 Note: The total cost can range from about $30,000 to over $1 million per year. It depends on your business size, number of users, and which modules you need.

Is NetSuite Worth the Price?

It depends on your size. For medium sized businesses and large businesses, the answer is usually yes.

You’re replacing 5-10 separate tools with one ERP system. That saves money long-term.

But for small business owners? NetSuite is too expensive for basic accounting needs.

You’ll save money if: You’re currently paying for separate accounting software, CRM, inventory, and e commerce tools. NetSuite combines them all.

You might overpay if: You only need basic accounting capabilities. QuickBooks or Xero would serve you better at a fraction of the price.

NetSuite Pros and Cons

✅ What I Liked

❌ What Could Be Better

Is NetSuite Right for You?

✅ NetSuite is PERFECT for you if:

• You run a medium sized business that has outgrown QuickBooks or Xero
• You need enterprise resource planning that handles accounting, inventory, and CRM
• You operate in multiple countries and need global accounting with multiple currencies
• You want real time visibility into every part of your business

❌ Skip NetSuite if:

• You’re a small business owner who only needs basic accounting software
• Your budget can’t handle $30,000+ per year for an erp system
• You don’t have staff or budget to manage a complex setup and learning curve

My recommendation:

I recommend netsuite for mid-market companies making $5M+ in revenue. At that size, the cost makes sense. You’ll save money by replacing other software and getting a complete view of your business.

If you’re under $5M, look at QuickBooks, Xero, or Zoho Books first.

NetSuite vs Alternatives

How does NetSuite stack up? Here’s the competitive landscape:

Quick picks:

• Best overall ERP: NetSuite — nothing matches its scope for growing companies
• Best budget option: Zoho Books — solid features with a free tier
• Best for beginners: QuickBooks — easiest to learn and most popular
• Best for freelancers: FreshBooks — built for invoicing and time tracking

🎯 NetSuite Alternatives

Looking for netsuite alternatives? Here are the top options:

• 🧠 Puzzle IO: AI-powered bookkeeping that automates up to 95% of accounting tasks. Great for startups.
• 📊 Dext: Best for capturing receipts and invoices with smart data extraction.
• 🌟 Xero: Clean, simple cloud accounting with strong bank reconciliation features.
• ⚡ Synder: Fast automated bookkeeping for e commerce and SaaS businesses.
• 🔧 Easy Month End: Helps finance teams close books faster with audit-ready checklists.
• 🧠 Docyt: AI accounting copilot with real-time revenue reconciliation.
• 🏢 Sage: Strong mid-market management software with deep accounting capabilities.
• 💰 Zoho Books: Free plan available with solid accounting and invoicing tools.
• 💰 Wave: Completely free basic accounting. Best for tiny teams on a tight budget.
• 👶 Quicken: Simple personal and small business finance tracking.
• 📊 Hubdoc: Automatic document fetching and smart data extraction for accountants.
• ⚡ Expensify: Fast expense management with receipt scanning and team expense reports.
• 👶 QuickBooks: The most popular accounting software for small businesses. Easy to learn.
• 🔧 AutoEntry: Automated data entry that connects to your accounting software.
• 🌟 FreshBooks: Beautiful invoicing and time tracking built for service businesses.

⚔️ NetSuite Compared

Here’s how NetSuite stacks up against each competitor:

• NetSuite vs Puzzle IO: Puzzle IO is cheaper and simpler. NetSuite wins on scale and features for large businesses.
• NetSuite vs Dext: Dext handles receipt capture well. NetSuite offers full ERP while Dext is just an add-on tool.
• NetSuite vs Xero: Xero is better for small business. NetSuite wins for medium sized businesses needing erp.
• NetSuite vs Synder: Synder focuses on e commerce bookkeeping. NetSuite covers all business processes.
• NetSuite vs Easy Month End: Easy Month End helps with month-end closing. NetSuite handles your entire financial management.
• NetSuite vs Docyt: Docyt uses AI for accounting. NetSuite provides a broader ERP with more modules.
• NetSuite vs Sage: Sage is a good mid-market option. NetSuite offers more seamless integration across departments.
• NetSuite vs Zoho Books: Zoho Books is much cheaper. NetSuite wins for companies needing supply chain and warehouse management.
• NetSuite vs Wave: Wave is free. But it can’t handle enterprise resource planning like NetSuite.
• NetSuite vs Quicken: Quicken is for personal finance. NetSuite is for businesses that need a full erp system.
• NetSuite vs Hubdoc: Hubdoc handles document fetching. NetSuite is a full business management software suite.
• NetSuite vs Expensify: Expensify is great for tracking expenses. NetSuite does that plus everything else.
• NetSuite vs QuickBooks: QuickBooks works for small business. NetSuite is the upgrade path for companies that outgrow it.
• NetSuite vs AutoEntry: AutoEntry automates data entry. NetSuite automates your entire business operations.
• NetSuite vs FreshBooks: FreshBooks is ideal for freelancers. NetSuite is built for growing companies with complex needs.

My Experience with NetSuite

Here’s what actually happened when I used NetSuite:

The project: I set up NetSuite for a mid-sized services company with 25 employees. We migrated from QuickBooks and two separate CRM tools.

Timeline: 90 days from setup to full use.

Results:

What surprised me: The dashboard view was a game changer. Being able to see financial data, customer data, and inventory on one screen saved real time. It truly is a single source of truth for operations.

What frustrated me: Setup took longer than expected. The implementation process was complex. I had to hire a consultant for the first month. Oracle NetSuite’s customer support was slow at times.

Would I use it again? Yes — but only for businesses doing $5M+ in revenue. For smaller companies, the cost just doesn’t add up.

Final Thoughts

Get NetSuite if: You’re a growing company that needs one system for all your business processes. It handles accounting, CRM, inventory management, and supply chain management better than any other cloud based erp.

Skip NetSuite if: You’re a small business owner who just needs to track expenses and send invoices. QuickBooks or Xero will serve you well at a much lower price.

My verdict: After 90 days of testing, I’m convinced NetSuite is one of the best ERP systems for mid-market businesses. The price is high. The learning curve is real. But no other platform gives you this much control over your business’s finances and operations in one place.

Rating: 4.5/5

Frequently Asked Questions

What is NetSuite used for?

NetSuite is an enterprise resource planning platform. It handles accounting, financial management, customer relationship management, inventory management, and supply chain management. Companies use it to manage all their business processes in one cloud based system. It’s best for medium sized businesses and large businesses that need a complete view of their operations.

How much does NetSuite cost?

Oracle NetSuite’s pricing starts at about $999 per month for the base platform. Each user costs around $99 per month extra. Additional modules add more cost. The total price depends on your business size and needs. Implementation can cost $25,000 to $100,000 or more. NetSuite does not show pricing on its website — you must request a custom quote.

Is NetSuite a CRM or ERP?

NetSuite is primarily an ERP (enterprise resource planning) system. But it includes CRM features too. The CRM module handles customer relationship management, sales tracking, and marketing. So it’s both — an erp with built-in crm. Many companies use it to replace separate CRM and accounting tools.

Is NetSuite better than QuickBooks?

It depends on your business size. QuickBooks works great for small business with basic accounting needs. NetSuite is better for growing companies that need enterprise resource planning with inventory management, workforce management, and human capital management. If you’ve outgrown QuickBooks, NetSuite is the natural upgrade.

Is NetSuite hard to learn for beginners?

Yes. NetSuite has a steep learning curve. Many netsuite users report needing several months of training. The software is not user friendly at first. You may need to hire consultants for the implementation process. However, once you learn it, the role-based dashboards make daily use much easier. Oracle provides 24/7 real-time support and online resources to help.