When it comes to running a business, owners must wear many hats. You have to know a little bit of everything, from accounting to personnel policies to calendar and event prioritization. The smaller your business, the more you are directly responsible for. One of the ways you can help streamline your business is to find innovative solutions to upgrade your operations and make everyone’s life a little easier. One thing that can help with all of the above is NetSuite, a digital, Cloud-based Enterprise Resource Planning system run by Oracle.
Understanding NetSuite
We’ve all heard the term ‘one-stop shop’. Well, NetSuite acts as a one-stop digital hub for your business. The software is developed, hosted, and kept up to date by Oracle; you just have to customize the interface for your business. NetSuite can do it all: help you track reports, host your HR policies, track sales…you name it. When you sign up for NetSuite, you can work with one of their representatives to ensure you get the perfect functionality for your business without cluttering your dashboard. Additionally, NetSuite is cloud-based— you and your staff can access it from anywhere and on any device.
If you find you need more customized integrated solutions, you can check out Oracle Platinum Partners like the team of experts at getgsi.com and tailor your NetSuite experience. GSI and other partners are staffed with people who understand business and people who understand NetSuite inside and out. They can take what you want for your business and translate it into instructions for the programming team to create custom solutions for your company.
NetSuite works for all sizes of companies in just about every field across the globe; they keep larger companies organized and in harmony, and they help smaller businesses get a stronger start by making tasks easier.
NetSuite Features
You can manage your business through a wide range of features tailored to your needs. Some of the available features include:
- Financial Management — including general ledgers, accounts payable, accounts receivable, and fixed assets
- Inventory Management — manage inventory levels, track stock movement, and automate replenishment
- Order Management — sales orders, purchase orders, and fulfillment tools
- Customer Relationship Management — sales, marketing, and customer service tools
- E-Commerce Abilities — online sales channel management
- Project Management — project tracking, resource management, and billing
NetSuite can be tailored for local and global companies, so you can get the exact management assistance that you need. You can assign roles to your staff so that they only see the tools they need access to, reducing clutter on their dashboards and helping smooth out their workflow.
The Benefits of Using NetSuite
NetSuite offers a wide array of software solutions to help companies get organized and operate smoothly. Let’s take a look at some of the main ways they can help your operations.
Streamlined Operations
NetSuite provides you with a single, unified platform to manage pretty much everything. All of your departments, from finances to sales— even customer service—, can access the same data and work together more efficiently. You can also automate a lot of processes, minimizing the risk of errors and reducing the need for manual input. This helps free your staff up to work on other things.
Improved Financial Management
NetSuite offers real-time visibility of your financial data so that you can keep on top of finances more effectively. With real-time updates on information, you can make informed decisions about any upcoming spending or investments. You can also automate financial processes, minimizing the chance of errors in your financials.
Enhanced CRM
NetSuite gives you insight into your customers and their behaviors so that you can personalize their interactions and provide excellent customer service. You can also manage your sales pipeline, improve your sales forecasting, and increase your revenue.
Scalability
Because NetSuite is cloud-based, you can scale it alongside your business. As you’re growing, you can change up your customization to meet new needs. This is one of the reasons NetSuite is a great solution for businesses of all sizes.
Innovation Always
NetSuite was ahead of its time when it was founded in the 1990s, but it has easily adapted to modern-age technology and grown in its mission — just like your company. Business owners are always looking for modern solutions to ease their workflow and make life easier for employees. Oracle is an industry leader in technology solutions, and their NetSuite platform can take an immense load off of your shoulders. So, what are you waiting for? Head over to NetSuite to learn more, and reach out to partners like GSI for a more custom-fit UI.
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