Enterprise resource planning (ERP) solutions have evolved into an indispensable tool for modern businesses. They create a shared database for financial and operational information, and leverage the data to automate key processes and provide company-wide visibility in areas such as finance, manufacturing and HR.
ERP solutions provide real-time information on performance and support planning and improvement. They create a ‘single source of truth’, so people across departments are all working with the same numbers. This minimises the risk of inaccurate or inconsistent data, helping businesses to make better decisions, work more efficiently and reduce costs. ERP automation reduces the risk of manual error and frees people to work on higher-value tasks.
ERP solutions offer modules that support different functions in the front and back office:
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They can also provide in-depth functionality for areas such as ecommerce and professional services management.
Introducing NetSuite Modules
The NetSuite ERP platform has finance and accounting capabilities at its core, alongside functionality that automates business processes including inventory management, order management, project management, supply chain management (SCM), materials requirements planning (MRP), procurement and more.
NetSuite modules provide a wide array of additional features, ranging from advanced financial management to manufacturing and project management. All modules are optional and can be added as the business need arises. NetSuite Modules are designed to ensure that the platform meets your needs as your business grows and evolves.
NetSuite also offers a range of industry solutions, which are collections of modules tailored to a specific market.
The List of NetSuite Modules
Discover NetSuite’s full list of modules below:
NetSuite Financial Management Modules
- NetSuite Advanced Financials adds extra capabilities in areas such as amortisation, statistical accounts and expense allocations.
- NetSuite SuiteBilling supports a range of different billing models — from transaction to usage-based and hybrid models — while offering accurate accounting for revenue that is in line with the latest standards for revenue recognition.
- NetSuite Revenue Recognition automates revenue forecasting, allocation, recognition, reclassification and auditing, helping companies to quickly report results and comply with revenue recognition regulations.
- NetSuite Planning & Budgeting includes modelling, workflow and reporting capabilities that support budgeting and planning within departments and across the company.
- NetSuite Multi-Book Accounting makes it possible for transaction records to be automatically posted to different books, with financial statements issued according to the relevant accounting standards.
- NetSuite OneWorld facilitates global financial management for companies with multinational and multi-subsidiary operations, automatically adjusting for local currencies, taxation and regulations.
- NetSuite Dunning Letters helps to automate collections by sending pre-emptive reminders for overdue accounts.
- NetSuite Fixed Assets Management provides flexible depreciation and amortisation schedules and detailed reporting for both leased and owned assets.
- NetSuite Electronic Bank Payments secures and automates electronic fund transfers and payment processing.
- NetSuite E-Invoicing enables businesses to exchange electronic invoices and report data in real time via tax authorities' platforms and exchange networks.
NetSuite Inventory and Order Management Modules
- NetSuite Advanced Inventory Management adds demand-based inventory replenishment, multi-location inventory management, matrix item, lot and bin management and serialised inventory.
- NetSuite Multichannel Order Management automates processes for order promising, allocation, orchestration and execution.
- NetSuite Sales Order Management simplifies multi-attribute SKU order management.
NetSuite Customer Relationship Management Modules
- NetSuite CRM centralises customer relationship management, tracking interactions, sales, marketing automation and order processing. It also offers forecasting and integrates with ecommerce platforms.
- NetSuite Sales Force Automation unifies sales processes from opportunity, upsell and quote management to sales forecasting, order management, fulfilment and commission payments.
NetSuite Human Resources Modules
- NetSuite SuitePeople HR consolidates employee records, providing real-time HR analytics and financial insights, and connects with payroll and budget data.
- NetSuite SuitePeople Performance Management uses goal-tracking and recognition tools to enhance performance management.
NetSuite Commerce Modules
- NetSuite SuiteCommerce Advanced provides businesses with web stores that deliver shopping experiences optimised for any device.
- NetSuite SuiteCommerce MyAccount allows business buyers to perform common tasks, such as pay invoices, view account balances, check order status and file support cases, online, 24/7.
- NetSuite Connector synchronises data between NetSuite and third-party ecommerce, POS and logistics platforms.
NetSuite Professional Services Automation Modules
- NetSuite Professional Services Automation is a professional services automation solution natively integrated into NetSuite to help with project management, job costing and resource allocation.
- NetSuite Project Management provides tools for scheduling, billing, resource assignment and profitability tracking.
- NetSuite SuiteProjects Pro delivers cloud-based professional services automation for real-time project visibility and financial management.
NetSuite Supply Chain Modules
- NetSuite Procurement standardises vendor management, purchase orders, and requisition processes to enhance cash flow management.
- NetSuite Warehouse Management System (WMS) optimises warehouse operations, from receiving to picking, cycle counting and returns. Operating from a mobile RFID device, it allows for shelf-life tracking, barcode-based putaway location tracking and suggestions, and includes warehouse activity dashboards, reporting and team management.
- NetSuite Demand Planning uses predictive analytics to anticipate inventory needs based on historical trends and external factors.
- NetSuite Quality Management establishes robust testing workflows to ensure product quality compliance. Results can be evaluated from any browser or mobile device.
- NetSuite Product Data Management helps manufacturing teams establish and maintain all the master data needed for R&D and design of new products, or the redesign of existing ones.
- NetSuite Work Order Management manages complex product assembly, integrating inventory with production needs.
Choosing NetSuite Modules for your Organisation
To make sure you add the right capabilities to your tailored NetSuite offering, talk to your account manager. They will help you create a solution perfectly tailored to your business.
NetSuite Module Pricing
NetSuite modules are available for licensing individually at any time during a company’s contract. Pricing varies based on module functionality and scope.
See How NetSuite Can Benefit your Business.
Supercharge your NetSuite investment by adding the modules that directly move your KPIs with NetSuite ERP. From closing the books faster with Advanced Financials and Revenue Management to improving on‑time delivery and margins with Advanced Inventory and Demand Planning, NetSuite lets you turn on the exact capabilities you need, when you need them. Unify sales and finance with CRM, standardise global operations with OneWorld and Multi‑Book and drive profitable projects with SuiteProjects.
Join + organisations using the world’s most deployed cloud AI ERP to make smarter decisions faster and scale with confidence. Talk to a NetSuite account manager for a tailored module bundle and pricing guidance or request a custom demo to see the impact on your processes and ROI.