NetSuite Accounting Software - Review

NetSuite is an SAAS offering, which means the software is provided as an online service. Anybody in your organization can login to this web-based system from anywhere, while you pay only for the number of users. All the information is kept up-to-date online and can be integrated with vendors and suppliers too.

The key features of the application that are particularly suitable for small and medium-sized businesses:
· Single, integrated suite with accounting, ERP, CRM, and e-commerce capabilities for end-to-end business process management across the organization
· Ability to manage financials, accounts receivable/payables, general ledger, order fulfillment, purchasing, inventory, time and billing, payroll, employee self-service, and many other accounting related tasks
· Many tools for sales force automation, support management, marketing automation, global CRM, productivity management, e-commerce, partner relationship management, financial management, employee resource management, mobile/wireless service, FedEx shipping integration, UPS online tools, web store, website, customer center, and many more are integrated in the application
· Real time decision making capability with role-based, online access to enterprise wide information
· Seamless integration with third party, industry-specific, and legacy software since it is an open application
· Flexible and easy-to-customize solution to meet the specific needs of different types and sizes of organizations
The hosted nature of this software significantly reduces your total cost of ownership and minimizes your investment in hardware and maintenance. The only drawback is that that the speed and efficiency of the application is only as good as the speed and bandwidth of your internet connection.