NetSuite provides cloud-based, global systems that offer comprehensive functionality with industry specific support. Utilized by more than 30,000 organizations, NetSuite is 10 times larger than the next competitor, which means that it has 10 times the resources.
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Advantages of using NetSuite
Flexible and customizable, your business system changes as your company grows and evolves. NetSuite allows you to quickly and efficiently scale up, diversify and adopt new business models. Version-lock is a thing of the past as each NetSuite upgrade allows configurations and customizations to migrate seamlessly.
Vital business data is displayed and analyzed in real time right from within the system. Easy-to-use and instant insights mean that users can make quick and informed decisions.
Designed for a Modern Company
NetSuite is designed for a modern company and utilizes cloud-based, mobile-enabled systems. This frees businesses from antiquated PC-based, antisocial systems stifled behind firewalls.
Get Up To Speed
Many companies have been caught off guard by the pace of change and the increasing demands common in a world running on a real-time digital foundation. Old operational methods and tools—be they Excel spreadsheets for managing financial operations, or aging and non-integrated applications for other core business operations—can drag down a company’s efficiency and its long-term prospects. The limits of poorly integrated, restricted-functionality and outdated tools and processes can quickly become serious threats should business events stress their capabilities to the breaking point. Among the business event triggers cited by many NetSuite customers were: rapid company growth, expansion into a new product or business line, international expansion, mergers and acquisitions and going public.
NetSuite companies benefit from a 40-55% shorter close cycle and a 25-40% shorter audit, which saves time and money. They also experience 30-50% reduced receivables and that equates to more cash flow.
Integrated and Intuitive
NetSuite Human Capital Management provides a unique advantage addressing these challenges through an integrated, intuitive, flexible and comprehensive HCM solution.
Development Tools Packed with Features
Essential Planning Tool
Stay on target with an integral part of NetSuite Services Resource Planning solution which helps you accurately plan, track and execute projects. It increases visibility into your professional services organization, improves resource utilization, streamlines invoicing and billing, elevates on-time project delivery and drives profitability.
The totally integrated solution, which includes Project Management, Resource Management, Project Accounting, Timesheet & Expense Management and Analytics, provides powerful tools to help you manage your projects, resources and finances. PSA increases resource utilization with its advanced resource management functionality. Whether you are struggling to gain control over your projects, accurately invoice your clients or deliver more with less, NetSuite Professional Services Automation solution is the answer.
NetSuite OneWorld addresses the complex multinational and multi-company needs of mid-market organizations. It enables businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up.
Real Time Visibility
NetSuite OneWorld provides real-time visibility across your entire enterprise, enabling unprecedented access to financial, customer and business data worldwide. It provides multiple levels of consolidated reporting and enterprise-wide Key Performance Indicators (KPIs), displayed in real time on dashboards.
NetSuite also helps companies manage global operations including multiple currencies, taxation rules and reporting requirements across geographies and subsidiaries, while providing real-time financial consolidation and visibility.
NetSuite OneWorld allows you to conduct eCommerce around the globe with multi-language, multi-currency, multi-country and multi-brand web stores that all can be run and managed from a single NetSuite system. You can manage web stores worldwide—each in their location-specific language and currency.
Revenue Recognition Management
NetSuite’s revenue recognition management solution helps companies comply with accounting standards and report financial results in a timely manner. Whether your business conducts sales transactions that consist of products or services, or both, and, whether these transactions occur at a single point in time or across different milestones; NetSuite’s revenue recognition solution will help you schedule, calculate and present revenue on your financial statements accurately.
Automate revenue recognition with financially intelligent capabilities to report results in accordance with accounting standards.
A predictable, recurring revenue stream can make or break a company in today’s economy—but to manage it effectively, sales, service and finance must collaborate and work seamlessly.
Real Time Views
NetSuite’s recurring revenue management solution integrates all of your front-and back-office processes for your subscription-based business. You’ll always have a complete, real-time view of your customers and their interactions. Improve customer retention and watch your business grow as existing customers renew and new customers get acquired.
EducationEducational organizations can focus on what they do best when they reduce costs, free up resources and optimize operations by utilizing the the proven, business management solution of NetSuite ERP.
Technology & SoftwareNetSuite is ideal for technology and software companies that are looking for a scalable foundation for their modern high-growth businesses while still addressing today’s critical industry challenges.
Professional ServicesNetSuite is a solution aimed at providing high-performance. From streamlining operations to drive profitability by optimizing the entire service’s business lifecycle, this solution has you covered.
NetSuite eCommerceNetSuite offers two eCommerce solutions: SuiteCommerce Site Builder and SuiteCommerce Advanced. Each solution are natively related to NetSuite and provide a feature-rich web store.
NetSuite CRMNetSuite CRM offers robust sales performance, order, partner management, and more. Like all NetSuite solutions, you’ll have a unlimited access to information on the cloud-based system.
NetSuite Education ERPEducational Enterprise Resource Planning or edERP brings the impressive benefits of NetSuite to the education sector. This robust integrated system is a powerful tool that manages all aspects of your operation in a single system.
BlacklineA leading tool in financial control & automation that facilitates a modern approach to accounting. Empowering you to achieve continuous accounting through real-time automation., it solves challenges associated with manual & time-consuming processes.