Before the fourth industrial revolution, most manufacturers were using ERP solutions that make it difficult to scale up businesses. You are probably within the population of enterprises looking for newer ERP alternatives that align with Your Business growth. Your competitors in the industry may be searching for an Upgrade or a tweak to their systems to continue operating normally.
Among others, these scenarios are making lots of manufacturers across the globe go for a fully configured and cloud-based business management suite. In this blog, we will get to know the three reasons why manufacturers choose NetSuite ERP over Microsoft and other ERP solutions. Let’s start.
1. Business-Wide Integration
NetSuite ERP is a fully integrated software suite that allow Your Business to operate more efficiently and effectively in the manufacturing industry. A NetSuite ERP has engineering capabilities to improve the design of your product and other tools for Customer Relationship Management (CRM), supply chains, production control, management of enterprise finances, order management, commerce, and marketing. These NetSuite capabilities are built-in, therefore, there are no complex integrations or middleware required.
Moreover, NetSuite ERP has connectors, custom integrations and integration platforms that link with other systems to provide more business modules. These business modules allow you to keep most of Your Business operations in-house.
A different requirement of business integration is where you need to educate employees about the system. NetSuite ERP has a set of pre-configured roles, which you can tweak to make the system adaptable by anyone in your workplace. Furthermore, it has real-time KPIs and a broad range of report types which you can generate and share within your company.
2 Upgrading a NetSuite ERP is Easy
The manufacturing industry is always evolving, hence a dire need for upgrades on many occasions. These frequent updates to the system can be stressful, especially if the manufacturing process forcefully requires you to make an upgrade.
One example of a troubling situation involves about 300,000 Microsoft clients who use AX, NAV, Dynamics GP, SL, and Business Edition. These users needed to upgrade their systems to Microsoft Dynamics 365. This upgrade is quite complicated. Considering it is a 12-step process, it requires a good number of resources, and up to six months to have everything set. This is actually expensive in terms of time and resources. Even worse, each system has different support and can be troublesome to enquire about.
The cost becomes even more outrageous for On-premise ERPs as most of the technologies in multiple industries are migrating to the cloud.
What follows are problems such as:
- you can no longer upgrade this ERP solution
- the version has experienced a lock or a feature deficiency
Luckily, NetSuite ERP protects you from all these troubles due to its full-integration. With everything in one place, you can avoid any communication silos caused by loss of support. Being cloud-based, upgrades by NetSuite ERP are available globally. The exciting bit is that any previous customizations are not lost.
3. NetSuite is Scalable
NetSuite ERP considers your growth; if you need to scale your manufacturing enterprise, there are NetSuite ERP integrations and modules you could apply. You can add, stop, or remove any module depending on Your Business’ needs. As aforementioned, NetSuite ERP integration capabilities allow a particular amount of agility, which can be important when scaling Your Business. Its modular design gives you more authority over Your Business because you do not need to force upgrade.
The need to scale globally is also an aspect to consider if you are in the manufacturing industry. NetSuite ERP is ahead of this aspect as it provides Your Business with multi-currency management capabilities, which support 190+ exchanges and currencies. Moreover, it has functionalities for translations of 20+ languages, reporting capabilities of 90%+ of Global Domestic Products, and indirect management of taxes. These tools allow you to expand into newer markets and remain competitive internationally.
Automation is making its way into the manufacturing industry. Its adoption can contribute to Your Business growth. NetSuite ERP is also ahead of this concept. It allows you to revolutionize your product lifecycle management procedure and bring items such as plan-to-report and quote-to-cash.
So what next?
There is still more on using NetSuite ERP over Microsoft and other ERPs in the manufacturing industry. In case you need to learn more about NetSuite ERP for the manufacturing industry, then contact us at hello@seibertconsulting.com or 760-205-5251.
