NetSuite Cost Overview: Pricing, Setup & More

netsuite cost

NetSuite cost can be confusing if you’re just getting started. Some businesses pay a few hundred dollars, others pay thousands.

The price depends on how many users you have, what features you choose, and how it’s set up. In this post, we’ll walk you through the basics of pricing, setup, and what to expect. If you’re planning to use NetSuite, this guide will help you understand the real numbers.

What Is NetSuite ERP?

NetSuite ERP is a cloud system that helps businesses manage daily work from one place. It handles finance, sales, inventory, and more in real time. Teams can use it anywhere with an internet connection.

This system is owned by Oracle, which is why some call it Oracle NetSuite. It is used by small companies and big companies alike. It grows with your needs so you don’t have to switch systems.

Many people like NetSuite because it replaces several tools with one. Instead of using different apps for each job, you use one system. This saves time and lowers mistakes.

Main things you can do with NetSuite ERP include:

  • Manage accounting and finance tasks
  • Track inventory and orders
  • Run payroll and HR
  • Create reports and dashboards
  • Automate daily business tasks

This is why many businesses ask how much does NetSuite cost before signing up. The answer depends on what you choose.

What Factors Influence NetSuite Cost?

NetSuite cost can change a lot from one company to another. There’s no single price that fits all businesses. What you pay depends on how your company plans to use the system.

If you only need the basics, you’ll pay much less than a company with advanced tools and users. That’s why it helps to know what affects the price before you start.

Here are the main things that influence the cost of NetSuite:

  • Licensing model – You pay a base fee for access, plus extra based on features and users.
  • Number of users – Each user adds to your NetSuite cost per month.
  • Modules – Tools like CRM, inventory, or payroll increase your cost.
  • Customizations – Special features built just for you can raise the NetSuite ERP cost.
  • Add-ons – Extra apps or partner tools come with their own fees.

Knowing these factors helps you plan your NetSuite average cost and avoid surprises. Up next, we’ll look at setup and the NetSuite implementation cost.

NetSuite Implementation Cost

Setting up NetSuite takes time, planning, and expert help. This setup process is called NetSuite implementation, and it comes with a one-time fee.

The NetSuite implementation cost can range from a few thousand dollars to more than $100,000. The final price depends on your company size, number of users, and what features you need.

Some businesses go live in weeks. Others take months, especially if they have many systems or custom needs. This is why many companies use NetSuite consulting services to guide the process.

The cost to implement NetSuite includes much more than just installing the software. It covers planning, setup, testing, and support.

Below is a breakdown of what’s usually included in a full implementation.

Breakdown of Typical NetSuite Implementation Phases

  • Discovery & planning – Learn about the business needs and how NetSuite should be set up
  • System configuration – Adjust the system to match your workflows and company rules
  • Data migration – Move customer, sales, and financial data from old systems into NetSuite
  • User training – Teach your team how to use NetSuite properly
  • Post-launch support – Fix issues and answer questions after your system is live

Each of these steps adds to your total NetSuite ERP cost, but skipping them can lead to bigger problems later.

Ongoing NetSuite Costs

Once NetSuite is up and running, you’ll continue to pay for it each month or year. These are your ongoing NetSuite costs. They are different from the setup or implementation costs.

The NetSuite cost per month usually includes the software license and fees for each user. You also pay for the modules you use, and any extra services you’ve added.

If your business grows, your NetSuite cost per user may increase. You might also need new features over time, which will raise your total cost.

Here are the most common ongoing costs for NetSuite:

  • Subscription & renewals – The base license, user access, and any selected modules
  • NetSuite consulting services – Ongoing support or help from NetSuite experts when needed
  • Support & maintenance – Help with fixes, upgrades, or small system changes

Planning for these regular costs is important. It helps you keep your budget steady and avoid unexpected charges.

Hidden Costs to Watch For

Besides the main fees, there are some extra costs that many businesses don’t expect. These hidden NetSuite costs can add up over time if you’re not careful.

Some companies only look at the base license and user fees. But the real cost of NetSuite also includes things that show up later, like changes, add-ons, or outside tools.

Here are common hidden costs you should watch out for:

  • Third-party integrations – Tools like payment systems, shipping software, or custom apps often come with added fees
  • Additional modules – You may find out later that you need more features, which increases your total NetSuite cost
  • Custom development – Special tools or reports made just for your company can be expensive to build and maintain

These extra items can push your NetSuite ERP cost much higher than you planned. That’s why it’s smart to talk to a consultant before you start.

How to Optimize Your NetSuite Cost

The cost of NetSuite may look high at first, but there are ways to manage it. Careful planning and smart choices can lower both your setup and ongoing fees.

One simple way is to avoid paying for tools you don’t need. Many businesses start small and add more features later. This keeps the NetSuite average cost under control while still giving room to grow.

Here are some ways to optimize your NetSuite ERP cost:

  • Work with a certified NetSuite consultant – They can guide you to the right plan and prevent overspending
  • Combine NetSuite ERP and accounting services – This reduces extra costs and makes your finance team’s work easier

When done right, your NetSuite cost per month will match your needs without draining your budget. It’s about paying only for what you use.

Why Choose Hundred MS as Your NetSuite Implementation Partner?

Picking the right partner can change how much you spend and how well the system works. At Hundred MS, we focus on both finance and ERP. That makes us different from many firms that only know one side.

With us, you don’t just get setup help. You get a partner that knows the NetSuite ERP cost and the accounting impact behind it. This means we can plan smarter and cut waste.

Here are reasons to work with Hundred MS:

  • Dual expertise in finance + ERP – We know how numbers and systems fit together
  • Lower cost to implement NetSuite – Our method avoids paying for things you don’t need
  • Proven implementation framework – We follow clear steps to make sure projects finish on time and within budget

With Hundred MS as your guide, your NetSuite implementation cost becomes an investment that pays back faster.

Conclusion

NetSuite cost changes for every business, based on users, modules, and setup. The NetSuite implementation cost is often the biggest part, while ongoing fees add up over time.

Hidden fees like integrations or custom tools can also raise the cost of NetSuite. Asking how much does NetSuite cost per month for your business is the best way to plan.

With the help of NetSuite consulting services, you can control your NetSuite ERP cost and make sure it brings real value.

Frequently Asked Questions (FAQ)

The NetSuite cost per month depends on your license, number of users, and modules. Smaller companies may pay less, while larger ones usually pay more. The best way to know is to review what features you need.

The NetSuite average cost changes from one business to another. It depends on how many users you have and what tools you choose. A consultant can help you understand what your setup is likely to cost.

The NetSuite implementation cost depends on business size, system complexity, and the time needed for setup. Companies that need many custom tools usually spend more. Working with NetSuite consulting services helps manage these costs.

For many small businesses, the cost of NetSuite pays off over time. It replaces several different tools and keeps everything in one system. This can save money, reduce errors, and help the business grow.

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Narek Abgaryan
Narek is the CEO and co-founder of Hundred MS. With a dynamic career that spans investment firms, asset management, risk management, and corporate finance, Narek has demonstrated a profound ability to navigate and innovate within the financial sector. His work across various countries and in diverse financial domains reflects a global perspective and an adaptable, forward-thinking approach. He Brings a wealth of knowledge and experience from the worlds of finance and technology. As a distinguished graduate of the University of Oxford and Hult International Business School, Narek has earned a reputation for excellence in the financial domain. His credentials, including the esteemed CFA and FRM certifications, are a testament to his deep understanding and expertise.
CFA, FRM
Narek Abgaryan
CFA, FRM, Fund Manager & CEO
Narek is the CEO of Hundred CJSC. Before embarking upon this position, he accumulated 7+ years of multinational experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
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Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities, thereby boosting Armenia’s economic development.
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We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
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In "Hundred" CJSC, we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the domestic market, pursuing the long-term ambitious goal of integration into regional and global financial markets.
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We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
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  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
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Are You Ready to Transform Your Businesses’ Financial Landscape?
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Levon Garibyan
Levon, the co-founder and Business Development Director of Hundred MS, brings over a decade of international experience to his role. His career spans managing private firms with diverse business profiles across the UK, UAE, and Russian Federation. Levon has not only excelled in steering these companies towards growth but has also specialized in business development strategy and fundraising. His expertise in these areas has significantly contributed to the expansion and success of these firms. Levon's academic background is equally impressive, having studied at Cranfield University School of Management and Moscow State University of International Affairs (MGIMO), where he honed his skills in business management and international affairs.
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
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David Tarkhanyan
David is the co-founder of Hundred MS and the CEO of Hundred MS GmbH. His track record in delivering innovative financial solutions and driving performance improvement initiatives showcases his ability to lead complex projects and navigate the intricate world of finance. David's breadth of experience has equipped him with the unique ability to understand and address the multifaceted challenges businesses face today. His exceptional qualifications, marked by the CFA and FRM certifications, reflect his deep commitment to financial mastery and strategic insight. David's career is characterized by a wide-ranging experience in investment banking, performance management, controlling, and reporting, among other critical financial domains.
David Tarkhanyan
David Tarkhanyan
David Tarkhanyan
Financial Controlling Investment Banking
David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.