Oracle NetSuite is a comprehensive enterprise resource planning system that includes inventory-management features necessary for businesses with multiple locations and warehouses, as well as those selling on multiple channels. Oracle NetSuite is best for large businesses in need of a powerful inventory management system. Though there is a learning curve, NetSuite offers a panoramic view of inventory if your company has multiple locations, and, through its integrations with other modules like point-of-sale (POS) and accounting software, keeps you informed of each aspect of your company. Oracle NetSuite includes batch, serial, lot, and bin tracking so you always know where each item is located in your stores, warehouse, or other facilities. It includes automatic prompts for cycle counts and inventory catalogs that ensure your data is accurate and up to date.
Oracle NetSuite recently announced a native integration with Thomson Reuters ONESOURCE, a powerful tax software that enables domestic and international tax preparation. The tool is available to small businesses and multinational enterprises alike and will run in conjunction with Oracle Netsuite to support user’s tax needs in 56,000 tax jurisdictions worldwide.
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