NetSuite is a full business management software suite that helps companies manage their internal operations and interactions with customers, suppliers, and the supply chain.

NetSuite offers a variety of features, including:

• Accounting: Manage accounting (general ledger, accounts payable, etc.), taxes, and generate detailed reports such as financial statements (e.g., balance sheet, P&L and cash flow)
• Inventory management: Manage inventory and supply chain including receiving, shipping, cycle counting, transfers, etc.
• Customer relationship management (CRM): Manage customer relationships including lead management, opportunities, sales quotations, customer dashboards, customer portals, etc.
• E-commerce: Manage e-commerce including online ordering, item/parts masters, inventory checks, pricing, sales quotations, and sales orders
• Human resources (HR): Manage HR, including employee management, payroll, time tracking, benefits, and compliance
• Project management: Manage projects, including planning, tracking, execution, budgeting, costing, and collaboration
• Global management: Manage multiple applications and sites (e.g., plants) across different countries, currencies, languages, and subsidiaries 

For a mid-sized company, the fact that NetSuite has a good CRM embedded with the ERP and E-commerce without the need for a third-party application like Shopify or WooCommerce is a big selling point!

This article by Oracle NetSuite does a great job explaining what NetSuite is and what it offers. For example, it describes how NetSuite ERP improves customer experience and order flow by automatically flowing payment and customer information into the ERP.

Article: “What is NetSuite ERP & How Does It Work” by NetSuite

Here is the “animated explainer” video from the article. Yes – it’s fluffy. Not to worry, though, because I have lots of “real” demo videos later in my article here and coming in another installment of this NetSuite series!

Video: “What is NetSuite ERP & How Does It Work?” Animated Explainer Video from NetSuite

Here’s another article called “What is Oracle NetSuite? Best Guide 2024”, written by a partner called eMerge Technologies. This detailed analysis goes beyond the NetSuite article by breaking down the modules and functionality, as well as explaining the advantages of NetSuite over competing ERPs.

Article: “What is NetSuite? Best Guide 2024” by eMerge Technologies

I liked the “NetSuite Benefits” in the eMerge article, so I paraphrased them in the next section.

NetSuite Benefits

Here are some popular NetSuite Demo Videos with links and a summary for each. 📹

NetSuite 2024 – Everything You Need to Know

The explanation of the NetSuite concepts is great, and there are nice animations of the forms and some reports. It covers topics such as when to implement NetSuite, dashboards, purchasing and procurement, inventory management, invoicing customers, and reconciliation – all with Mats’ British accent. Nice. 😎

PCG is one of the top Alliance Partners for NetSuite globally. We specialize in NetSuite Finance, Manufacturing, and Distribution. Here is an article that explains how we do business transformations including NetSuite implementations.

Article: “Why PCG Should Be Your Business Transformation and NetSuite ERP Implementation Partner” by the ERP Doctor

We also have built our SmartFactory for NetSuite platform, which is a leading Manufacturing Execution System (MES) that is fully integrated with NetSuite Manufacturing. 🏭

Here are some website links to learn more about how we implement NetSuite and SmartFactory:

• PCG Website for our NetSuite Advisory and Implementation Services: https://pcgservices.com/business-sustainability-oracle-netsuite_new/

• PCG Website for all our Services: https://pcgservices.com/

• SmartFactory (MES Solution) Website for NetSuite: https://asmartfactory.com/

• SmartFactory Demo Video Library: https://asmartfactory.com/demo-library/

If you’re evaluating cloud ERP systems in 2025, we can help you select and implement your system. We also specialize in business transformations, and we highly recommend migrating your legacy on-premises ERPs to the cloud as part of a transformation project.

We would love to help with your upgrade to NetSuite ERP in 2025. We have some of the best NetSuite consultants in the market on my team at PCG to help you grow your business. 📈

To find out more, DM Dan Aldridge (aka, The ERP Doctor) on LinkedIn or email me at daldridge@pcgservices.com. You can also visit us on our PCG LinkedIn page and “ring the bell”.

Thanks for reading our article.

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Dan Aldridge

Dan has 25+ years of corporate management experience including CEO, CFO and Controller of the consulting firm he founded and grew for 13 years. He has ERP software and digital transformation experience working with CEO’s, CFO’s, Controllers, and other C-levels at Fortune 500 companies. He specializes in Finance (e.g., Financial Statements, General Ledger, Accounts Payable, Cost Accounting) and Manufacturing (e.g., MRP, Production, Industry 4.0, Smart Factories, MES systems) consulting and project management.

Contributor to WorkTech.