NetSuite ERP can be a proven choice for businesses seeking to move their current system to the cloud. It’s easy to choose the right package in terms of NetSuite licensing. Your NetSuite licensing can be tailored as per your unique business needs and you can buy merely those modules that are essential for your business, not those that are redundant and consume your resources.
Considering your business values, data size boundaries, size of users, and customization volume along with a selection of edition, version, and a number of modules, your NetSuite licensing requirement may vary and pricing goes accordingly.
Finally, there are options for users requiring read-only access to NetSuite data. First, NetSuite data can be exported into Excel or other 3rd party applications via ODBC (SuiteAnalytics Connect) or reports can be scheduled and distributed to non-licensed users via native NetSuite reporting functionality. These reports can be exported into Excel, CSV, PDF or Word.
Organizations planning to buy NetSuite licenses are needed to perform their infrastructural analysis first. For simple implementation with limited customization, businesses can take recourse of limited edition. If your business requirements are quite complex then, NetSuite mid-market edition can be a greater deal for your business. Enterprise edition can be a smarter choice for businesses from mid-scale to large-scale require implementation with more customization, advanced capabilities, and concurrent processing.
When it comes to NetSuite licensing, businesses can choose among 3-levels of NetSuite licensing Edition based on their manpower strength, working complexities, and user requirements:
- NetSuite Limited Edition: NetSuite Limited Edition is a basic level of NetSuite Edition best suited to companies with around 50-employees and require at most 10-user licenses. Initially, one can start with this limited edition and later can upgrade it with the higher edition.
- NetSuite Mid-Market Edition: Mid-Market edition is the best fit NetSuite edition for the companies with a strength of more than 50-employees with 10+ user licenses requirement. Anytime they can upgrade their user-licenses and modules required depending on their evolving business needs and scaling capabilities.
- NetSuite Enterprise Edition: The Enterprise edition is the highest edition of NetSuite license. This edition is built to handle complexities in the organizations with more than 1000 manpower capability and an indefinite number of users’ requirements. Usually, medium to a large scale of organizations buy this enterprise edition depending on their maximum number of users and customization or module requirement.
NetSuite licensing is a subject of annual pricing, rest costing depends on your ERP modules you choose, a number of user licenses you avail, and level of customization you adopt.
To know more about NetSuite licensing, feel free to reach out- inoday can provide you the best competitive rates possible.