All Key Business Processes in One Place: What Is NetSuite?

business processes

NetSuite is an online e-commerce service that allows businesses to control all their vital processes in one system. The service comes in the form of software and requires no costly upfront, license, or maintenance charges tied to hardware or software. Plus, NetSuite has a simple setup to ease the business processes for companies.

It is useful in ERP (enterprise resource planning) tasks, managing inventory, and monitoring company financials. NetSuite also helps firms to host internet-based stores and keep healthy customer relationship management (CRM) systems. In a nutshell, it is a flexible platform that can go with most of your business applications.

New-age business owners are shifting to the cloud for nearly all deliveries of vital business systems to cut costs of operation and improve their competitive advantage. You may want to check out Techfino’s price guide for NetSuite for more details on pricing. Over 40,000 firms are simplifying their business processes thanks to NetSuite. Other capabilities of software include:

  • A single database – The platform is a real-time, common universal business management platform to manage operations comprising several nations, lingoes, currencies, and subsidiaries.
  • Customer Relationship Management (CRM) – it is the only effective CRM system with a full view of buyers.
  • Professional Services Automation (PSA) – PSA is a feature in NetSuite that assists in proper planning, tracking, and execution of projects.
  • Manufacturing – NetSuite also has a remedy for manufacturing that enables companies to focus on product and services delivery while gaining flexibility for scalable expansion.
  • ERP (Enterprise resource planning)– NetSuite ERP runs all important commercial business procedures — including accounting, inventory, supply chain and management of orders— in the cloud. NetSuite’s ERP has long been accepted as a leader by industry experts. The service assists over 40,000 customers worldwide.
  • Online Business –You can now integrate every step of your web-based shop from POS and order management to marketing, inventory, financials, and customer support.
  • Retail – NetSuite also comes with a reliable cloud-based retail software solution meant to meet the requirements of your omnichannel buyers.
  • Enterprise Performance Management (EPM) – NetSuite has a cloud-based Planning & Budgeting Service (PBCS) which allows finance companies to make more efficient the accounting and prediction process. It can also accomplish complex business logic to enable on-the-spot analysis and reporting with MS Excel integration.

Why Your Business Needs NetSuite

Easy customization

NetSuite has a platform—The SuiteCloud— which assists in developing simple to complicated customization, building integrations, and creating completely new NetSuite applications as per the user’s needs.

Simple Integration

NetSuite features powerful APIs to smooth system integration with compatible software applications either directly or via an integration platform.

Wide-ranging services and resources

For businesses across different industries, NetSuite offers out-of-the-box solutions which feature; up-to-date Software, Manufacturing, Professional Services, Wholesale Distribution, Nonprofits, and E-commerce/retail companies all from one code base and Enterprise resource planning.

Fair pricing & excellent service delivery

Gone are the eras when we had to renew costly software license contracts and take months to implement your vital ERP projects. NetSuite follows a modular pricing model essentially allowing customers to only license (and pay for) the service they need when they need it. What’s more, it uses a method that makes sure you enjoy full NetSuite ERP implementation in just 100 days.

In a nutshell

NetSuite is an all-in-one remedy for all your online business processes. Consider adopting these services to streamline your everyday operations.