10 Benefits of Using NetSuite ERP for Any Business

Operating a business is a challenging task to deal with when the world around you is getting modernised every day. As this technology-based era has made the online platform crucial for every business, business owners now seems to look for software that can simplify their business process along with increasing productivity.

While talking about business-friendly online platforms, we cannot deny the existence of ERP software. In this ERP software family, NetSuite is one of the leaders here.

NetSuite, a single cloud based platform

NetSuite, founded in 1999, is broadly looked upon as the first cloud computing software company. Presently, NetSuite is one of the leading cloud solutions standing on the market that offers united ERP, CRM, and e-commerce features.

NetSuite ERP offers the facility of managing the whole business under a single system, which is officially one of the major reasons for taking one of the top list software. Also, from rich features to scalable prices, NetSuite has been in the lead in the ERP space for a long time.

Along with these, there are many more benefits to prove NetSuite ERP advantageous for your business. Still, you might be in doubt about NetSuite as shifting to new software is quite a hassle and, at the same time threatening to your budget.

So, if you own a business and thinking of giving NetSuite ERP a try, then you are at the right place. Here we will look at all the possible benefits of NetSuite, which will assist you in deciding if it is worth trying or not.

Benefits of NetSuite ERP: Is it actually a blessing for your business?

Jumping into a new ERP software is a big decision for your business. Even though the current software does not work correctly, many business owners are afraid to shift to another new software due to their lack of knowledge regarding the new software.

Thus, we suggest you go through these ten benefits of using NetSuite to know what your business is missing out on.

1. Facility of customisation

Customisation is one of the greatest features of NetSuite that makes it a user favourite, as modular implementations can be done with clicks rather than spending hours on coding. Among the SaaS (Software-as-a-Service), NetSuite ERP is considered the most customisable solution.

Now it is easy to start your business with NetSuite integration as it has advanced customisation that is simple to use, can reduce your hassles and can be carried forward flawlessly with the upgrades. NetSuite has a multitude of add-ons and over 30 different modules. To fit the unique requirements of each business, these customisations work great.

Also, NetSuite’s industry-standard tools allow you to modify business practices and processes to help you meet your business’s particular requirements.

2. Friendly to the budget

While trying to shift to new software, one of the main concerns for business owners is the pressure on the budget. There is no denying that ERP software is expensive, but the case is not the same for NetSuite ERP. So being friendly to your budget becomes another excellent benefit of NetSuite.

You might be wondering how is this possible for top-notch software like NetSuite, right? The answer is NetSuite allows users to select only the modules they want and license for those modules only.

It is important for you to know that NetSuite’s pricing strategy is comprised of four levels:

• NetSuite BPO
• NetSuite Starter Package
• NetSuite for Mid-Market and
• NetSuite Enterprise

The good news is you can choose based on your professional goal, the size of your business or simply based on your own preferences. This benefit will not necessarily threaten your budget, and along with reducing the cost, it empowers the user.

3. Rich in features

Choosing software is quite a difficult task for any business because you cannot find all your desired features under the roof of a single software. But it might get easier now as NetSuite ERP has a bundle of functions to choose from, which will fulfil almost all of your necessities.

NetSuite is designed in a way that it can fit different companies as well as industry sizes. It can provide a big list of functionalities for various sectors.

Some of them are:

• Manufacturing
• Software
• Wholesale Distribution
• Professional Services
• Non-profits and
• E-commerce companies

So, no matter what type of business you have, you can find the solution for all in a single ERP product: NetSuite.

4. Centralisation of the information

Any growing business has various sectors working simultaneously. Each department has its own roles and targets to accomplish, but as a single business entity, managing and keeping track of every department is the real challenge.

Marketing, Sales, Operations, finance and all other departments are burdened with their own job. It is a wise decision if you can connect everything and centralise the whole system. NetSuite ERP is great because it can help your business keep everything under one core.

Now hassling between report to report is not in the scenario anymore; just by going into NetSuite, you will be able to see the important reports highlighted in the dashboard. You can merge any of your necessary sectors in the NetSuite to find your necessary data at the right time.

5. Increase in visibility

Any business or its employees face a lot of trouble while manually entering data, and some things often get missing at the end of the month. As many people in the office are using different systems, importing or exporting different data, and in various locations, the whole business process becomes hard to control.

As a solution, we can think of NetSuite as it provides some facilities like-

• Unified customer records
• Real-time access
• Customisable dashboards

All of these can help you track down everything and allow you to take timely business decisions. It not only improves the business process but also creates customer fulfilment and satisfactory service processes. Along with that highly effective and personalised sales cycle comes as a bonus.

6. Advantage of scalability

Scalability is another useful aspect of the NetSuite ERP. It can be called a lifetime companion of your business as there is no pressure of switching to another software with your business growth.

As ERP software, NetSuite can grow with your business. It can be with you when your plan is limited and be upgraded when you decide to extend your business. As mentioned earlier, NetSuite has four levels of planning based on your need and pricing policy. For example, you can go for NetSuite Enterprise when you require more users. So, with your changing needs, the NetSuite ERP can change itself as well.

7. Automation in everything

One of the horrible sides of working for a business is manually inputting data which takes hours literally to complete. The real nightmare is finding one fault in your entered data; boom, you have to change everything related to it.

The automation facility of NetSuite works as a blessing in this case. The Critical programming facility allows NetSuite ERP to help you when you enter data in one place by updating all the other files related to it. There is no need to manually observe everything, as with the automation feature of NetSuite, you can input and correct data easier than ever.

8. Multilingual capabilities

In this era of globalisation, when you install software and finally start to use it only to find out it is only operated in one specific language, what can be more disappointing than that? It isn’t easy to operate software and understand specific terms when the language is not clear to you.

Thanks to NetSuite ERP, as it is a multilingual ERP software. It allows languages like-

• English
• French
• Spanish
• Traditional Chinese
• German
• Japanese
• Simplified Chinese
• Russian

All these language verities allow people of many languages to use NetSuite as language is not an issue anymore for this software. It is one of the many benefits of Oracle NetSuite that allows it to prove its excellent service internationally.

9. Chances of growth

When the business operation goes smoothly, growing is not a challenge for any Business. Thus, if you own a business, you must ensure your current business maintenance procedure is easy and operated without any hassles.

NetSuite ERP can help you here with its ability to unify all the highlighted sectors of business. Your business can be expanded to multiple places, and there can be supplementary sales channels as well, which can be done faster than ever with NetSuite. It can also help in cross-sell and upselling by ensuring better efficiency.

10. Interface that is user-friendly

For any software, being user-friendly is one of the major issues because while being loaded with tons of work, you would not like to solve technical issues of your software. Also, IT users are already burdened with so many numbers and data it is not wise to burden them more with technically faulty, difficult-to-operate and hard-to-understand software.

NetSuite, first of all, as we mentioned earlier, does not need hours of coding because the modular implementation can be done within a few clicks. So, it is already a hint of being user-friendly for the software. While upgrading the software, which is done mainly by the internal team, NetSuite can already make their job easier by not adding an additional barrier of coding.

Along with that, NetSuite also has a simpler UI layout. It is really helpful when employees try to learn a new system. A clear and easy-to-understand structure will influence users to adopt it even from the first use.

In conclusion, it is decided that NetSuite ERP is a complete solution for your business. No matter the business type you operate, NetSuite is worth trying among ERP software. As it is composed of multiple tiers facility, so we recommend you try this all-in-one software for upgrading your business standard without worrying about breaking the bank.