Almost 40,000 firms worldwide rely on the cloud-based enterprise resource planning (ERP) platform NetSuite. The program has an award-winning financial management system built to include industry best practices with extensive customization options.
There are numerous advantages to adopting NetSuite for your company, but we’ve determined the top 10. This should give you a good picture of what motivates the leading cloud ERP system in the world.
1. It Improves Decision-Making
NetSuite offers real-time dashboards so corporate decision-makers can base their decisions on the most recent data and projections. These dashboards can be customized to let users see the data most matters to them. Thanks to NetSuite’s integration of data from across the organization, the insights you obtain are more precise and comprehensive.
2. It Consists of Your Whole Company
Businesses frequently struggle with data silos, but NetSuite provides a centralized solution for the whole company. This eliminates switching between software programs to view various business-related topics. This integrated system allows the information to move freely throughout your organization and eliminates many time-consuming manual procedures your staff must utilize.
3. It Can Be Scaled Up a Lot
NetSuite is made to expand with your company. More users may be needed to accommodate horizontal growth, and you can do this by adding more subscribers to your subscription. You can adapt to vertical expansion by adding modules to your ERP system. Vertical growth might introduce new operations into your operations. Additionally, NetSuite is prepared to support this expansion should you expand into new countries.
4. It’s Easily Reachable
Compared to many other ERP systems, NetSuite has a significantly lower entry barrier because of its cloud-based architecture. Smaller businesses need more resources for new IT workers and infrastructure, whereas larger companies can deploy more quickly.
5. It Offers Access Anytime, Anywhere
Because NetSuite can be accessed online, you can use a web browser or a mobile app to engage with it from anywhere. As long as they have a device and an internet connection, your staff can utilize it whenever and wherever they are. This is a helpful tool if you have staff who must work in the field or wish to have remote workers on your teams.
6. It Can Be Easily Customized
Via NetSuite SuiteSuccess; NetSuite offers a variety of platforms for a range of industry sizes and verticals. Even so, there are plenty of extra customization choices available. To create custom solutions that smoothly connect with your ERP, you can employ the knowledge of a third party (or someone inside your organization) by using SuiteApps, a marketplace for apps developed by third-party developers using SuiteFlex.
7. A Genuine International Approach
Your company may easily go global using NetSuite without setting up separate ERP systems for each concerned nation. With the full support of numerous languages, currencies, and tax laws provided by NetSuite OneWorld, international expansion inside the ERP ecosystem is much easier. Moreover, it can house numerous corporate subsidiaries under one roof.
8. Superior Security
Cloud app security has always been contentious, yet NetSuite is a very secure platform. Data protection is a crucial component of ERP solutions, and the organization is constantly investing in the newest techniques. One of the main benefits of this setup is that firms may invest in their operations instead of spending money on IT, while it’s still crucial to have your security measures in place when necessary.
How secure is NetSuite? is an instructive article that may teach you more about this subject.
9. It is updated twice annually.
Every year, NetSuite receives two significant improvements. Also, there are shorter, more frequent updates in between. This implies that your program will always be fully updated, giving the full range of features and the most recent security measures without affecting your customizations or integrations.
10. It’s incredibly trustworthy
With a 99.99% uptime rate, NetSuite is renowned for its dependability. The business minimizes any downtime associated with updates using specialized load-balancing techniques. Also, the industry continuously makes information regarding this publicly accessible via status.netsuite.com.
Final Thought
Taking Your Business to the next step can only become a reality if you have the right expertise to deliver outstanding solutions. At Seibert Consulting Group, we specialize in delivering modern solutions to businesses that aim at taking full advantage of the eCommerce platform. We always customize our solutions to align with Your Business’ requirements and goals. Let’s start talking about your project and find out how we can help Your Business grow. Get in touch with us via our chatbot or email at hello@seibertconsulting.com and via our direct line at 760-205-5440.
