Which NetSuite license option is best for your business?

Choosing the right NetSuite license for a business can feel overwhelming, but a right fit does exist. It’s important to not get stuck in the analysis phase. Here are the various NetSuite license options and what types of businesses they’re best for.

Businesses can choose from a variety of different NetSuite licenses and suites based on their industry, functional requirements, size, number of customers, and need for specific modules within the NetSuite ERP system. NetSuite provides various costs that companies can choose from based on their size, specifications, and budget.

For the standard and premium levels, businesses also select an edition specific to their vertical or industry. The list includes:

• Wholesale distribution
• Manufacturing

Each of the editions includes the features and modules needed for a particular vertical, but businesses can also add on any other needed modules.

SuiteSuccess starter edition

The starter license is available for small businesses that need access for only 10 or fewer users. This edition is a great option for smaller companies just getting started and looking for the most cost-effective option.

Full-user license

The full-user license offers complete access for NetSuite applications. It is suitable for sales managers, chief financial officers, and other users who need unrestricted NetSuite access.

• Order management
• Purchasing
• Employee center
• General ledger
• Accounts receivable
• Accounts payable
• Subscription billing
• Revenue recognition

• Customer relationship management
• Customer care management
• Partner relationship management
• Marketing automation
• Sales force automation

NetSuite provides industry-specific functionality and plug-ins that organizations can include in their licenses and implementation. Additional features tackle complex business processes like financial reporting and accounting, project management, and inventory management.