Jul 21, 2023 by Zazil Martinez
With 95% of businesses improving their operations with ERPs, more and more organizations are investing in software. NetSuite takes over 10% of the global market. But like many comprehensive, best-in-class ERPs, NetSuite is huge. Even excluding the hundreds of NetSuite Marketplace integrations, the core system is highly customizable. It includes models for every department, from manufacturing to HR and financial management, offering accounting and finance functionality. We'll stick to the finance part as a solution geared towards accounts receivable (AR) professionals. If you've already dabbled in or used the NetSuite platform, you know what we're talking about. Accounting professionals can do just about anything, including: Given the platform's capabilities, many professionals, including ERP consultants, seek NetSuite training or a NetSuite certification. Some higher-paying jobs might even require it. We know the top questions: There are several NetSuite modules to ensure that every user has the tools to run their business. For financial management, there are: There are also different modules: What specific modules you will need and use depends on your business needs. To master the NetSuite ERP for accounting, accounts payable (AP), or accounts receivable (AR) processes, you can take the Financial User Certification Exam and fill all your NetSuite accounting gaps. The prerequisite is a two-day course on financial management that costs $1,600. This specific course covers how to handle: Before enrolling in this course, you should know basic accounting terms and have some NetSuite skills, as the exam requires using NetSuite for at least three months. The Financial User Certification exam is a 60-minute test with 30 questions and costs $150. You can also receive ongoing training through the NetSuite Online Learning Center resources, which offer dozens of courses and learning paths to help you navigate the platform's nuances. The financial management course, as mentioned, costs $1,600. Single-day courses average around often $800. Online courses and NetSuite training programs can cost between $100 and $800. NetSuite consulting can also add up. Consultants charge around $150 hourly, especially if the courses or one-on-one sessions are weeks long. Understanding what NetSuite solution you are using can help you estimate the time it will take to learn NetSuite. If you've used an ERP or CRM before, you'll get a quick hang of the NetSuite basics after a few days. But diving deep into the platform helps you participate in a NetSuite training program, especially for your module. Oracle Netsuite is robust and has nine modules just for financial management, with many subsections and capabilities. General users are advised to practice with the NetSuite platform for three months before their User Certification Exam. However, mastering administrator and developer roles may take over a year. You will likely need to invest in NetSuite training sessions with experts to understand the platform's capabilities thoroughly. You can also explore the NetSuite Marketplace and find integrations that adjust to your training needs and goals. As a SuiteApp integration, we know NetSuite well. That's why our application automates and enhances the AR side of NetSuite. We help businesses: Our platform starts by mapping out and optimizing your specific NetSuite payments process. To learn more about improving your NetSuite experience, check out our B2B payments best practices guide.How Do You Get NetSuite Training?
NetSuite Training for Accounting
How Much Does NetSuite Training Cost?
Is NetSuite Hard to Learn?
Streamline Your NetSuite Processes with Paystand