Growing Businesses Are Upgrading to NetSuite
ERP has been recognized as a necessity for many enterprise-scale businesses. Many SMBs (Small and Medium Businesses) claim they are ‘too small’ for ERP, mistakenly believing that the number of users is the key driver for onboarding an ERP solution. The reality is no business is too small for an ERP solution in today’s business landscape. NetSuite ERP helps each of the major functional departments such as finance, inventory, operations, and sales and marketing, stay on track within an organization, no matter the size.
The value of having every department work from the same set of data is what drives the design of a robust ERP system. If everyone can trust that information, every department can stay updated, anticipate potential issues, quickly respond to changing needs, and identify opportunities for the future of the organization.
Helps in recording, tracking and consolidating all of their sales and operational information in a central accounting system. NetSuite financial software delivers this capability with a centralized general ledger, accounts receivable, accounts payable and payroll systems. Companies can perform analytics reporting and what-if scenario modeling on their financials.
NetSuite streamlines and improves the accuracy of the procure-to-pay process by automating and linking key procurement transactions and providing approval and matching workflows to support internal controls and compliance requirements.
NetSuite’s order management capabilities help streamline your order processing by eliminating manual bottlenecks, preventing errors and establishing a smooth flow from sales quote to order fulfilment ensuring timely invoicing and payment.
NetSuite enables warehouse & inventory teams to optimally manage their distribution operations with RF device directed putaway and picking tasks driven by customised user defined strategies and advanced capabilities like wave management, cartonisation, cycle count planning, real-time inventory updates and integration with shipping systems.
While maximising the value of your company’s most important resource, its workforce, you also need to minimise what you spend on managing it. As your organisation grows, finding more cost-effective, flexible solutions to administer your growing, diverse and distributed workforce becomes essential. NetSuite Human Capital Management provides a unique advantage addressing these challenges through an integrated, intuitive, flexible and comprehensive HCM solution.
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