Undertaking an enterprise resource planning (ERP) software implementation is a big decision that involves a lot of stakeholders, resources, planning, time, and effort. According to Gartner, nearly 75% of all ERP implementations fail. When considering the enormity of the project and what is at stake, this can translate to substantial business and revenue loss. Companies of all sizes and industries are subject to this risk, especially when attempting to implement an ERP system alone without the assistance of an experienced partner.
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NetSuite offers a unique modular approach to subscription licensing for customers by providing product configurations designed to fit your business needs. It is generally accepted through any basic internet search that a standard user access is priced at $99 per a month plus a base licensing of $999 per month for emerging (small) businesses as well as base options for midmarket and enterprise companies. Additional monthly fees are added for advanced modules like manufacturing and eCommerce, plus add-ons for expansions such as warehouse management.
Every year, NetSuite reveals new versions of its business management suite. As a cloud-based solution, upgrading to the new version is easily and quickly managed, with no lengthy data migrations or software installations needed.