Built for Oracle NetSuite Native SuiteApp badge over the NetSuite home dashboard running Loop ERP

The NetSuite Recycling ERP Built for Scrap Metal, Aggregates, and Circular Economy Operations

Q: Is NetSuite good for scrap metal businesses?

NetSuite is a powerful ERP platform, but it is not built for scrap metal out of the box. Running a scrap yard requires scale ticket management, inbound and outbound ticketing, commodity pricing tied to AMM or Fastmarkets, NMVTIS compliance, and settlement workflows that standard NetSuite does not support natively. Loop ERP adds that layer, built directly on top of NetSuite, so scrap metal companies get enterprise-grade financials with workflows designed for how they actually operate.

Q: What is a recycling ERP?

A recycling ERP is an Enterprise Resource Planning system built to handle the operational and financial complexity of recycling businesses. That includes scale tickets, material grading, settlement accounting, multi-site inventory, and environmental compliance. Most generic ERPs were designed for linear manufacturing and require significant customization to work for recyclers. Loop ERP is built on NetSuite specifically for recycling and circular economy operations.

Q: What does NetSuite do for circular economy companies?

NetSuite provides the financial foundation — general ledger, accounts payable, accounts receivable, multi-currency, and reporting. For circular economy companies, that foundation needs to connect with reverse logistics, material recovery workflows, buy/sell settlement, and sustainability reporting. Loop ERP connects those operational layers directly into NetSuite so the data flows in real time without manual re-entry or separate systems.

NetSuite for circular economy industries.

NetSuite is one of the most capable ERP platforms in the world, but out of the box it wasn't built for a scrap yard, a recycling facility, or a commodity brokerage. Loop ERP adds the operational layer those businesses need, directly inside NetSuite, connecting yard operations, logistics, inventory, and finance with no middleware and no disconnected spreadsheets.

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The Basics

What Is NetSuite?

NetSuite is a cloud-based enterprise resource planning (ERP) system owned by Oracle. It runs a company's core financial and business processes in one place, including the general ledger, accounts payable and receivable, purchasing, inventory, order management, and reporting.

Because NetSuite runs in the cloud, there are no servers to maintain and no version upgrades to schedule. Every department works from the same real-time data, and the system grows with you as you add locations, entities, and currencies. Here is what it handles well out of the box.

Financials and the GL

General ledger, journal entries, period close, and audit-ready financial statements.

Payables and Receivables

Vendor bills, customer invoices, payments, and bank reconciliation in the same system.

Multi-Entity and Multi-Currency

Run several companies, yards, or regions with consolidated reporting across currencies.

Reporting and Dashboards

Saved searches, KPIs, and role-based dashboards built on live transaction data.

What NetSuite doesn't include is the yard. Scale tickets, commodity pricing, grading, dispatch, and settlements aren't part of standard NetSuite. That's the gap Loop ERP fills.

Built for NetSuite

Loop ERP Is a Native NetSuite SuiteApp

Loop ERP is listed on the NetSuite SuiteApp Marketplace, where NetSuite customers find and vet applications built on the SuiteCloud platform. Acceptance means Loop ERP meets NetSuite's requirements for a native application.

Because it's built inside NetSuite rather than connected to it, scale tickets, dispatch, inventory, regrades, pricing, and settlements post directly to the NetSuite general ledger in real time. There's no third-party integration to install or maintain.

Read the press release: Loop ERP Joins the NetSuite SuiteApp Marketplace View Loop ERP on the NetSuite SuiteApp Marketplace

Why Loop ERP

What Is Loop ERP? NetSuite, Built for Your Industry

Loop ERP isn't an integration or a middleware layer between your yard system and your accounting software. It's an industry edition of NetSuite, certified as a SuiteApp. Scale tickets are processed inside NetSuite, not synced to it, so operations and finance work from the same data in real time. Your P&L reflects what happened in the yard today, not three days later after someone runs an export.

Standard NetSuite gives you

General ledger and financial close

Accounts payable, receivable, and bank reconciliation

Purchase orders and sales orders

Multi-entity, multi-currency consolidation

Standard item and inventory records

Saved searches, reports, and dashboards

Loop ERP adds, inside NetSuite

Inbound and outbound scale tickets

Commodity pricing tied to AMM and Fastmarkets

Grading, regrading, and yield tracking

Dispatch, logistics, and driver management

NMVTIS and hazardous materials compliance

Vendor settlements and netting

AI image capture and material grading

No middleware. No sync jobs. One login, one system, total control.

Built for the Circular Economy

NetSuite for the Circular Economy: Finance and Operations on One Platform

The circular economy is a structural shift in how materials move, how they're valued, and how regulators, investors, and customers expect businesses to account for them. Scrap, recycling, reuse, remanufacturing, and tolling companies need more from their ERP than a general ledger and an inventory module.

NetSuite is the right financial foundation. It's cloud-native, scales across entities and currencies, and has the reporting a growing operation needs. What it doesn't have natively is operational depth. Loop ERP provides that.

Operations manager in a hard hat overlooking a recycling yard

Material Traceability from Intake to Sale

Every load has a story: where it came from, who sold it, how it was graded, where it went, and what it earned. Loop ERP keeps that chain of custody from the first scale ticket to the final settlement, all inside NetSuite.

Sustainability and Environmental Reporting

Investors, customers, and regulators want proof of impact, such as tons diverted from landfill, materials recovered by type, and emissions avoided. Loop ERP reports from actual material records, not estimates based on invoices.

Configurable Without Custom Code

A tolling operation runs differently than a buy/sell trader or a processor. Pricing rules, approval workflows, reporting, and compliance modules are configurable, so a change in your business doesn't mean a new development project.

FAQs

Frequently Asked Questions

Is NetSuite good for scrap metal businesses?

NetSuite is a powerful ERP platform, but it isn't built for scrap metal out of the box. Running a scrap yard requires scale ticket management, inbound and outbound ticketing, commodity pricing tied to AMM or Fastmarkets, NMVTIS compliance, and settlement workflows that standard NetSuite doesn't support natively. Loop ERP adds that layer directly on top of NetSuite, so scrap metal companies get enterprise-grade financials with workflows designed for how they actually operate.

What is a recycling ERP?

A recycling ERP is an enterprise resource planning system built to handle the operational and financial complexity of recycling businesses. That includes scale tickets, material grading, settlement accounting, multi-site inventory, and environmental compliance. Most generic ERPs were designed for linear manufacturing and need significant customization to work for recyclers. Loop ERP is built on NetSuite specifically for recycling and circular economy operations.

What does NetSuite do for circular economy companies?

NetSuite provides the financial foundation: general ledger, accounts payable, accounts receivable, multi-currency, and reporting. For circular economy companies, that foundation needs to connect with reverse logistics, material recovery workflows, buy/sell settlement, and sustainability reporting. Loop ERP connects those operational layers directly into NetSuite, so data flows in real time without manual re-entry or separate systems.

What is the difference between Loop ERP and standard NetSuite?

Standard NetSuite is a general-purpose ERP. Loop ERP is a purpose-built industry edition that runs natively on NetSuite and adds the modules scrap, recycling, and circular economy businesses need, including scale ticket management, inbound and outbound ticketing, commodity-based pricing, NMVTIS and EPA compliance tools, settlement accounting, and AI-powered material grading. There's no integration layer or middleware. It's NetSuite, built for your industry.

Can NetSuite replace ScrapRight, Scrap Dragon, or cieTrade?

Loop ERP on NetSuite can replace systems like ScrapRight, Scrap Dragon, and cieTrade for companies that want a single system covering both operations and finance. Instead of connecting a yard management tool to a separate ERP and managing the data gap between them, Loop ERP handles scale tickets, dispatch, pricing, settlements, and financial reporting in one platform.

See Loop ERP vs. Scrap Dragon