NetSuite modules are individual components of the ERP system that manage specific business functions such as finance, procurement, supply chain, sales, human resources, and project management. This guide explains key NetSuite modules to help businesses choose the right mix for their needs.

What Are NetSuite Modules?

NetSuite modules extend the capabilities of the ERP system by providing companies the flexibility to expand beyond its core functions. Each module is integrated into the core ERP to ensure the consistency of data. As businesses grow or enter new markets, organisations can add additional modules without replacing the entire system.

At its core, NetSuite ERP handles critical financials and accounting tasks along with other capabilities to manage procurement, order management, inventory control, supply chain coordination, project management, materials planning, workforce management, and more. By selecting the right combination, companies can tailor their ERP ecosystem to improve efficiency, gain real-time insights, and support smarter decision-making.

NetSuite Modules List

NetSuite modules let you expand your ERP system with capabilities that can match your business goals as they change.

NetSuite Financial Management Modules

  • NetSuite Advanced Financials delivers budgeting, expense allocation, amortisation, and statistical account tracking so finance teams maintain accuracy and consistency.
  • NetSuite SuiteBilling automates the management and billing of recurring subscriptions, with real-time consolidated invoicing, automated rating processes, and support of multiple pricing modules.
  • NetSuite Revenue Management automates revenue scheduling, allocation and reporting to help companies comply with ASC 606, IFRS 15, and other standards.
  • NetSuite Enterprise Performance Management (EPM) brings together a set of solutions that connects planning, budgeting, forecasting, account reconciliation, financial close, and reporting processes from across the organisation to help enhance decision-making, automate financial close, and increase operational efficiency. EPM solutions include:
  • NetSuite Multi-Book Accounting reports financial results based on multiple accounting standards concurrently to comply with multiple sets of financial books in parallel and issue financial statements in accordance with whichever accounting standards are required.
  • NetSuite Dunning Letters simplifies the communications process by sending payment reminders automatically at specified intervals based on account balance, invoice amount or other criteria.
  • NetSuite Fixed Assets Management enables companies to manage the complete asset lifecycle, from creation to depreciation, revaluation, and retirement.
  • NetSuite Electronic Bank Payments securely automates electronic funds transfer (EFT) payments and collections by eliminating checks, postage, and envelopes to save time and payment processing expenses.
  • NetSuite E-Invoicing enables the creation, transmission, and receival of electronic invoices and tax data via tax authorities' platforms and exchange networks from, and into NetSuite.

Video: The Benefits of NetSuite Modules

NetSuite Global Business Management Module

NetSuite OneWorld enables companies to manage multiple subsidiaries, business units and legal entities, domestic or internationally, from a single, AI-powered ERP. It supports 27 languages and 190 currencies and provides real-time global visibility by accelerating financial processes with multi-currency consolidation and regional tax compliance.

NetSuite Customer Relationship Management Modules

  • NetSuite CRM delivers powerful capabilities to help companies manage the entire customer lifecycle in a single platform. It includes sales force automation (SFA), marketing automation, customer service management, and partner relationship management.
  • NetSuite CPQ (Configure, Price, Quote) enables sales teams to quickly configure products and services, price orders, and generate quotes with complete accuracy and reliability.

NetSuite Business Intelligence Module

NetSuite Analytics Warehouse is an AI-enabled cloud data storage and analytics solution that simplifies data management to gain faster and easier access to insights. It brings together business data, ready-to-use analytics, and prebuilt AI and ML models to deliver deeper insights that accelerate the decision-making process.

NetSuite Inventory and Order Management Modules

  • NetSuite Inventory Management provides a single, real-time view of your full inventory lifecycle, helping reduce inventory on hand to free up cash while avoiding stockouts.
  • NetSuite Smart Count automates and improves the efficiency and accuracy of the inventory count process.
  • NetSuite Order Management manages the order lifecycle by ensuring accurate recordkeeping, covering order capture and validation, order release, shipment confirmation, customer communication and settlement.

NetSuite Commerce Modules

  • NetSuite SuiteCommerce helps both B2B and B2C merchants deliver engaging and relevant customer experiences.
  • NetSuite SuiteCommerce Advanced provides code-level access so your developers can customise every aspect of your website, allowing external web applications to interface with your core commerce applications.
  • NetSuite SuiteCommerce MyAccount provides a 24/7, self-service online accounting management capabilities, which allows your customers to easily access and manage their accounts and subscriptions.
  • NetSuite Connector allows you to automate the transfer between NetSuite and your ecommerce storefronts, point-of-sale (POS) systems, online marketplaces and third-party logistics providers with preconfigured integrations to help minimise errors and delays caused by manual data entry, data exports, and the processes that rely on spreadsheets and email.

NetSuite Human Resources Modules

NetSuite SuitePeople Workforce Management is a single solution that helps you manage workforce shift scheduling with a visual scheduling tool, capture time and attendance with a digital time-clocking on mobile, tablet, or desktop devices, and calculate wages automatically with a wage rules engine.

NetSuite Field Service Management

NetSuite Field Service management enables organisations to deliver seamless field service experiences to customers and employees by connecting, automating, and digitising end-to-end processes, increasing scheduling efficiency, improving workforce management, and empowering technicians in the field.

NetSuite Professional Services Automation Modules

  • NetSuite SuiteProjects is natively built on NetSuite, helping your service-based organisation complete projects quickly, generate invoices accurately, and speed up accounts receivable.
  • NetSuite Project Management enables you to easily plan multiple types of projects, keep projects on track, and monitor financial metrics such as budgets, estimates, work in progress, bookings, invoices, billing milestones, percentage complete and costs.
  • NetSuite SuiteProjects Pro is an AI-powered PSA solution that supports the entire project delivery lifecycle to help you optimise resource utilisation, accurately project financials, and increase project efficiency.

NetSuite Supply Chain Modules

  • NetSuite Procurement improves purchasing by channeling purchase orders through approved vendors and pre-negotiated contracts, enabling organisations to secure goods and services quickly at the best price.
  • NetSuite WMS (Warehouse Management System) optimises day-to-day operations with intelligent pick-and-pack processes, handheld barcode scanning, cycle counting, and integration with shipping systems to help run your warehouse more efficiently and minimise handling costs.
  • NetSuite Demand Planning helps balance both supply and demand in a way that provides businesses the right combination of cost control, accurate lead times, and service levels.
  • NetSuite Quality Management formalises and automates policies, standards and practices. It helps trigger quality inspections automatically based on select actions or conditions to deliver the highest quality products with minimal overhead.
  • NetSuite Work in Process (WIP) and Routings gives you the ability to define a routing for the manufacturing process tools you need, the resources needed to complete the process, and the expected time and cost required.
  • NetSuite Work Orders and Assemblies allows you to define assembly items, build complex multi-level bill of materials, create work orders, record assembly builds, and backflush components with minimal effort.
  • NetSuite Advanced Manufacturing is a powerful vertically integrated solution to help manufacturers manage their overall supply chain process. It ensures manufacturing processes are connected to financial reports, inventory management, and outstanding orders with real-time data.

Choosing the Right NetSuite Modules

Choosing the right NetSuite modules starts with understanding your business priorities and mapping them to the processes you want to improve. Finance, customer relationship management (CRM), field services management, supply chain, human resources, inventory and order management, and professional services automation (PSA) modules now include AI embedded capabilities to help automate repetitive work, analyse large data sets, and surface real-time business insights. By selecting modules that align with your needs, you can ensure that the ERP investment helps deliver long-term growth.

As your business grows and your operations become more complex, you can add modules to support new opportunities, ensure compliance, or fulfil operational needs. NetSuite SuiteSuccess provides a phased approach to implementing modules to help manage costs while giving your teams the time to adapt, so you build an ERP environment that evolves with the business rather than forcing a complete overhaul down the line.

NetSuite Modules FAQs

What modules are in NetSuite?

NetSuite offers modules to handle specific business processes such as finance, customer relationship management (CRM), field services management, global business management, supply chain, human resources, inventory and order management, and professional services automation (PSA).

How much does a NetSuite module cost?

NetSuite modules offer different functionalities and can be added separately at any time during your contract. Because each module is different, the cost also varies accordingly.

What are the components of NetSuite?

NetSuite includes core components such as finance, customer relationship management (CRM), field services management, global business management, supply chain, human resources, inventory and order management, and professional services automation (PSA) that work together within the ERP system.