1. Affordability
2. Customization
3. All products are the same
4. Purpose
5. Implementation
NetSuite is a well-known name in the field of business management software like enterprise resource planning and customer relationship management. Businesses across the globe use NetSuite products as they are customisable, easy to deploy, and benefit organisations in different ways.
While NetSuite was established in 1998, the acquisition by Oracle was completed in 2016. This acquisition made it the very first cloud company and NetSuite’s cloud ERP system as well as their cloud CRM solution have changed the way key business functions and activities are carried out in today’s world.
According to the company’s website, over 24,000 customers in more than 200 countries and territories use NetSuite products, like their software for omnichannel commerce, accounting, and global business management, but there is no doubt that their enterprise resource planning software remains one of their top products.
Any organisation interested in boosting growth with the use of a cloud ERP system or a cloud CRM solution should definitely get in touch with a NetSuite partner in Singapore to discuss how the products can be customised to suit industry and organisation demands. In the meantime, however, these are five myths about Oracle NetSuite ERP.
One of the most common myths about NetSuite’s cloud ERP system is regarding affordability. Many wrongly assume that ERP systems are extremely expensive and cause a financial strain on the organisation. This thinking especially applies to small and medium businesses, with business owners believing enterprise resource planning and customer relationship management software are for multinationals.
While a NetSuite partner in Sri Lanka can offer a range of products and services to large enterprises in the country, they can also provide solutions that specifically target small businesses or start-ups. In fact, among NetSuite’s 24,000 customers are several start-ups and small businesses.
NetSuite products come at different price points, which means that an organisation, regardless of its size, can speak with a NetSuite partner in Singapore to deploy a suitable software to improve their business operations.
No two businesses are alike and every business has unique requirements and challenges. NetSuite takes this into consideration and offers a certain level of customisation to ensure customers are not confined within a rigid system.
However, this does not mean that organisations are required to customise every aspect of the software. Instead, a NetSuite partner in Sri Lanka will study the organisation and customise the cloud CRM solution or cloud ERP system to ensure it aligns with the organisation’s requirements but is not over-customised.
When it comes to enterprise resource planning or customer relationship management software, many believe that products by different manufacturers are the same and offer nothing extra to organisations. This thinking can lead a business to a product they cannot make full use of due to implementation and accessibility difficulties that the manufacturer does not concern themselves with once the software is purchased.
With NetSuite, however, organisations can not only expect a unique product that can be seamlessly implemented so as to cause minimal disruption to business functions but a NetSuite partner in Singapore or the region the business is based in will also offer various after sales services and ensure the organisation is making the most of the cloud ERP system.
Improved business functions and increased efficiency are the key benefits or uses cited when it comes to software like enterprise resource planning or customer relationship management. While these are key uses that boost growth and expansion, a cloud ERP software can also enable flexible work arrangements within an organisation and the automation of various tasks and activities.
With NetSuite’s ERP software, key personnel at an organisation can make real-time decisions based on impactful business reporting. Increased collaboration between teams can also be expected with the implementation of ERP software.
There are thus several uses to an ERP software and the investment a business makes in such a system will be worth every cent.
If NetSuite software is designed to ensure seamless implementation and cause minimal disruption to business functions, why is a NetSuite partner in Sri Lanka so important? The answer to this is that software like ERP and CRM require more than just implementation if they are to be used effectively.
Customising features to ensure the organisation’s staff can easily adapt to the new software takes place after purchasing and many changes can be made during implementation. This is why it is important to work with a NetSuite partner in your region.
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