Which modules are part of the NetSuite ERP system?

The chosen answer includes modules that are vital components of the NetSuite ERP system. Specifically, Financial Management, Order Management, and Inventory Management all work together to form a comprehensive enterprise resource planning solution.

Financial Management is fundamental as it handles all aspects of accounting, budgeting, and financial reporting. It allows businesses to manage their financial health efficiently and ensure compliance with various financial regulations.

Order Management is also crucial as it streamlines the entire process of order fulfillment—from order entry to shipment—ensuring that customers receive their products on time while keeping track of the order status throughout its lifecycle.

Inventory Management plays a key role by overseeing inventory levels, tracking stock across different locations, and optimizing inventory turnover rates. This module is important for businesses to maintain the right balance of stock, minimizing costs while meeting customer demand.

Other options include modules that do not form a typical combination found within the core ERP functionality. For example, while Customer Relationship Management is important, it is generally found in separate systems or integrated solutions rather than being categorized directly under ERP core functionalities.