Do you want to understand how NetSuite pricing works to start budgeting your project? Although we recommend using our fast and easy NetSuite pricer (see above) to get an accurate number for your unique project, our team has assembled a comprehensive NetSuite Implementation pricing, licensing and knowledge guide.

You can read through the information and resources we’ve gathered below, based on nearly two decades of expertise in the NetSuite space.  

As a Solution Provider partner, our team of business development professionals, NetSuite Consultants, and NetSuite Integration specialists set the standard for best practices in the implementation, integration and customization of Oracle’s NetSuite ERP solutions.

We work with growing businesses to help scale up their corporate processes with the cloud, resulting in unmatched productivity and efficiency. How do we differentiate ourselves in the market? Simple, through a unique process which reduces risk and optimizes all your day to day business operations.

1. How Does Oracle NetSuite Pricing Work?

Depending on the size and maturity of your organization, we recommend these 3 core Netsuite Solution Pricing Models to adapt to your business:

These three packages depend on your business size and your growth trajectory, with pricing models that are based on the foundation of “Suites”. Unlike the on-premise hardware-based ERPs of a bygone era, NetSuite is a flexible cloud based system. That means that if your business is a better fit for the starter, eventually upgrading to the mid-market edition or adding functionality to manage multi-nationals is as painless as it gets.
In that sense, the main difference between these 3 editions (or “suites”) is simply determined by a few criteria:

• Number of employees in your organization
• Number of user licenses needed
• Number of legal entities

Once you’ve gone through with implementing your initial suite and your company scales, you can consult with your NetSuite partner to readjust your ERP licensing for your increased needs. All of the packages we’ll talk about in this guide share the same underlying code base and deployment model.

2. Understanding NetSuite Pricing Models at a High Level

NetSuite Starter Edition PricingNetSuite Starter

The NetSuite Starter package is priced for small businesses. It’s the ideal ERP foundation for companies that operate within one country, have under 50 employees and will require 6-10 user licences. When you choose the starter package, you can also select the SuiteSuccess implementation approach, which allows for a fast set-up – NetSuite calls this the “zero to the cloud in 100 days” approach. As mentioned earlier, you will have the flexibility to seamlessly upgrade from the starter edition to more advanced packages as your company grows.

NetSuite Mid Market Edition Pricing

The NetSuite Mid Market Edition is priced for businesses that require more than 10 user licences or have several legal entities. Perfectly suited for businesses that are expanding their operations across multiple locations or that have more complex requirements to adhere to their day to day processes, the mid market ERP package allows companies to execute consolidated financial reports with multiple currencies. At its core, you still get everything from the aforementioned Starter Edition, but with added customizations and scripting to suit a vaster array of needs.

NetSuite Enterprise Pricing

The NetSuite Enterprise Edition is built for companies with a large scope of operations and more than 150+ users. In addition to coming with all the features and functionality of the Starter edition, the Enterprise package includes add on modules like NetSuite OneWorld for regularly handling acquisitions and the ability to manage multiple currencies and subsidiaries.

3. How Much Does NetSuite Cost Per User?

NetSuite licenses are priced per named user and type of user. NetSuite ERP uses a SaaS model for their pricing structure to facilitate customers moving from one platform to another with minimal upfront costs. Your full pricing depends on which modules you’ll need right from the start, how many users will require a full user license, and how many users you’ll want to issue self-service user licenses to as well.

A full user license is generally issued to roles that require access to specific functionalities in your ERP, such as your CFO, Controller, Director of Operations, VP of Sales, Marketing Manager, and so on. These are the roles within your company that will be leveraging features in NetSuite on a day to day basis to access comprehensive data, build reports, and make critical business decisions.

4.How many entities/ companies are included in NetSuite’s base price?

If you’re looking to save on your NetSuite ERP implementation, you’re in luck because Oracle NetSuite offers a brick-by-brick scaling model of software. At its core, NetSuite is a financial software that functions as a very sophisticated accounting system with a strong ecosystem of add-on modules to build an infrastructure. The advantage here is that it integrates with most third party applications and legacy systems, which means that you can strip your licensing and project down to the core essentials.

For example, if you’re already running on a CRM, you don’t have to implement NetSuite’s own integrated CRM module. On the other hand, if you’re looking to completely overhaul and modernize your business processes, you can also take advantage of NetSuite’s growing ecosystem of add-ons.

Oracle has geared its portfolio of products and partnerships to allow its customers to easily build out an all-in-one system for everything from your Marketing to Sales, Payroll, HR, WMS and more.

Before you start your project, it is important to discuss your needs in-depth with an experienced implementation partner and let them know where you want to invest and where you think it’s best to wait to fulfill the need. When you work with a partner, they will ensure that you can efficiently budget out your project based on your company’s priorities.

5. How Much Does a NetSuite Implementation Cost?

This is a tricky question because no two implementation projects are the same. There are a large number of criteria that will impact the overall cost of a NetSuite ERP implementation. Based on our experience, your estimate can change significantly when we discover more requirements in the following areas:
• System integration between NetSuite and other applications
• Historical data migration
• Custom development of functionality normally outside of an ERP System

As a best practice when discussing your implementation project with a NetSuite partner, we recommend making sure you identify all items in these areas to alleviate surprises down the road. An experienced implementation partner will generally sit down with your team and dive into your requirements to architect a thorough project plan before the start of your project.
That being said, it is very important that you be as open as possible about specificities that are unique to your business structure, to ensure every detail is given the right amount of attention early on. This will ensure a hitchless go-live.

6.What is a NetSuite Partner and why work with one?

The cloud offers innovative ways to differentiate yourself in a competitive, global business environment. From a 360 degree view of the customer business experience, to a “Single Source of Truth”, and real-time access to information anywhere/anytime, cloud technology has proven success in increasing business efficiency. NetSuite’s sophisticated ERP software goes beyond that in offering a very flexible solution that molds to your business specificity and can adapt to your company growth and shifting business processes over time.

You want your core system for enterprise resource planning to be as agile as possible, because that solidifies your entire business infrastructure. In his book, “Scale Up Your Business with Cloud Technology”, Oracle chairman Larry Ellison calls this “Future-Proofing”. If anything, the unpredictable market shifts of 2020 going forward have made the case for how crucial flexibility and agility have become in the technology market.

So where does an ERP Implementation partner come in? They are not just there to install your system for plug and play, but rather to help you optimize it and ensure it’s well adapted to your company. An ERP implementation can be like a heart transplant for most companies – choosing your NetSuite professionals is like getting to pick the heart surgeon that does your operation.

Their experience, knowledge and willingness to collaborate will be crucial during the process of implementing and integrating your new Cloud ERP system. Your NetSuite consultants will be able to guide your team through everything from change management to translating specific processes into powerful automations to ensure you’re getting the most bang for your buck and are set for the future.
Long after implementation, the right partner will also stick around for questions, support, optimizations, scripting, training, and anything else you’ll need related to your new ERP in the future. Even more, they’ll already have a strong familiarity with your team and business, which will make any work you need as streamlined as possible.

Why NetSuite Customers Choose Citek Cloud Solutions for their Implementation

Citek Cloud is a member of Citek Technology Joint Stock Company, providing ERP Cloud solutions, enterprise management consulting services and digital transformation across a variety of fields.
As Oracle NetSuite’s Premium Solutions Partner in Vietnam, Citek Cloud supports businesses to implement digital transformation in many fields such as Distribution, Retail, Services, Omnichannel, Professional Services, F&B…

Inheriting a team of ERP experts with 18 years of experience and a successful CSVISION implementation methodology with 100% of previous enterprise customers, Citek Cloud is a trusted partner in consulting the implementation of Oracle NetSuite ERP solution in Vietnam

Can I See A NetSuite Demo?

Yes! Citek Cloud provides a 14 Day Free Guided NetSuite Trial for businesses considering moving to NetSuite ERP. You can sign up now and have one of our NetSuite professionals guide you through the basics of the ERP and demonstrate how to do basic tasks like building reports and customizing your dashboards.

You can also download our NetSuite Executive Overview recorded demo, where one of our ERP experts guides you through the extensive tools, features and possibilities of NetSuite software.
Looking for a live demo with one of our technical experts in Cloud ERP and NetSuite? You can request one here.

Appendix: Useful links

Our web site has multiple resources that are useful in addressing questions or concerns.