Enterprise resource planning or ERP is used by businesses and organizations to manage and integrate important processes and functions into one system. An ERP system can integrate various areas of business like purchasing, sales, marketing, inventory, and human resources.
When looking at ERP software, especially cloud ERP, NetSuite is a name that many have heard of. They are a unified business management suite, which includes enterprise resource planning and financials, customer relationship management (CRM), and eCommerce.
NetSuite has a number of tools and software that businesses and organizations can make use of, including accounting software, human capital management, professional services automation, and omnichannel marketing.
This software, as well as NetSuite ERP and NetSuite CRM+, benefit a range of industries, for instance, apparel, energy, education, manufacturing, and health. Thus a number of businesses and organizations across industries and sectors can benefit from NetSuite software and tools.
Among the various ERP and CRM tools by NetSuite, SuiteSuccess can be extremely useful to businesses and organizations.
SuiteSuccess focuses on four key areas. The first is rapid and efficient implementation, which allows businesses to set up and run this software in no time at all. Cloud delivery also eliminates onsite IT costs, which is what makes NetSuite products like SuiteSuccess, cloud CRM solution, and cloud ERP system so appealing to businesses and organizations. In addition to this, automatic updates ensure the software is always current and does not have versions that may be outdated.
The second area that SuiteSuccess focuses on is leading industry practices. NetSuite has years of experience in the industry and has used this to develop a software that delivers complete solutions and leading practices. This will help businesses and organizations to improve their services greatly.
Tailored delivery is another area of focus and NetSuite has developed SuiteSuccess with a methodology that delivers industry-specific functionality. This means that SuiteSuccess caters to individual industries as opposed to offering a general solution that is not tailor-made or takes into consideration an industry’s specific challenges and requirements.
SuiteSuccess achieves this through pre-built reports and value-driven dashboards and key performance indicators, as well as years of real-world use.
The last area of focus is growth and expansion and businesses can stay agile and flexible throughout as the software grows with the company.
When looking at how NetSuite SuiteSuccess can help organizations, it is important to consider the NetSuite stairway for services. The first step is to establish the service and ensure companies have a real-time view of business performance and metrics. Professional services automation is a key factor at this stage and a foundation is built for automating financials. Analytics and dashboards, fixed asset management, and revenue management are all components of this stage.
The next step is to elevate through international expansion and approvals management. This stage also looks at customer relationship management and businesses and organizations can benefit greatly from a cloud CRM solution like NetSuite CRM+.
Expansion is the next step of the NetSuite stairway and covers subscription management, billing and advanced revenue management, and inventory management.
Acceleration looks at planning and budgeting, human capital management or HCM, payroll, and tax management. In these aspects too, NetSuite ERP can be of great use to businesses and organizations.
The last step is to dominate, which is achieved through advanced planning, artificial intelligence, and email marketing. In this stage, eCommerce to is an important feature and eCommerce CRM, as well as SuiteCommerce, can be of use to businesses and organizations.
Businesses and organizations can benefit greatly from NetSuite tools like their cloud ERP software and cloud CRM solution. These enable remote working and increase the efficiency of business operations.
SuiteSuccess has many benefits to organizations and businesses as well and these benefits include business visibility, with the software increasing actionable insights and reducing reporting time and resources.
Financial management is another benefit of SuiteSuccess and the features of the software reduce the time taken to close financial books as well as audit completion and support time.
The third key benefit of NetSuite SuiteCommerce is regarding IT management and resources. Cloud enterprise resource planning tools like NetSuite ERP significantly reduce IT support costs, especially through cloud delivery. Suit eCommerce also reduces the business continuity costs of organizations.
Given the focus areas and benefits of SuiteCommerce as well as other NetSuite software like eCommerce CRM and cloud ERP, there is no doubt that these solutions can help businesses and organizations across sectors and industries.