Software price

NetSuite Inventory Management pricing starts at $999 per month for the base package, with additional costs for implementation and customization. The software is typically sold as part of a larger NetSuite ERP system, which can range from $10,000 to $100,000 per year depending on the size and needs of the business.

Plans compared

NetSuite Inventory Management offers different plans based on the number of users and the level of features required. The pricing for 1 user starts at $999 per month, while pricing for 10 users is around $5,000 per month. For larger businesses with 100 users, the cost can go up to $20,000 per month. Global enterprise solutions are available for custom pricing based on specific needs.

Plans fit

The base package is suitable for small businesses and startups with limited inventory management needs. The 10-user plan is ideal for growing businesses looking to scale their operations, while the 100-user plan caters to larger enterprises with complex inventory requirements. The global enterprise solution is best for multinational corporations with diverse inventory management needs.

Other cost

Implementation costs for NetSuite Inventory Management can range from $5,000 to $50,000 depending on the size of the business and the complexity of the implementation process. Customization costs vary but can add an additional $10,000 to $20,000 to the total price. Training costs typically range from $500 to $2,000 per user depending on the level of training required.

One time fees

NetSuite Inventory Management does not require specific hardware or servers for implementation, but there may be additional costs for data migration and integration with existing systems. One-time fees for these services can range from $1,000 to $10,000. Other costs may include ongoing support and maintenance fees, which are typically a percentage of the annual license cost.

Alternatives compared

Compared to alternatives such as Fishbowl Inventory, QuickBooks Enterprise, and Cin7, NetSuite Inventory Management is priced at a higher range but offers a more comprehensive suite of features and scalability. While the initial cost may be higher, the long-term benefits and ROI of using NetSuite can outweigh the higher price tag.

Verdict

NetSuite Inventory Management is positioned as a premium inventory management solution with a pricing grade of 85 out of 100. While it may be more expensive than some competitors, the software offers robust features, scalability, and integration capabilities that justify the higher cost for businesses looking for a comprehensive inventory management solution.