My company, The Vested Group, designs and implements NetSuite software solutions exclusively, so it’s pretty obvious that I believe in this system’s capabilities. NetSuite is an excellent ERP (Enterprise Resource Planning) system for many companies, but how do you know if it’s right for your company? Here are a few elements to consider when researching your business’s software options.
Business Size. One of the best features of NetSuite is its ability to handle businesses of all sizes. Here at The Vested Group, we specialize in NetSuite solutions for small to medium-sized companies, but the possibilities for this system are truly endless. Whether you’re a start-up with just a few employees or a large corporation operating on multiple continents, this ERP system could be the best solution for your business.
Growth Potential. Many software solutions work well for where you’re at right now, but as you grow and expand, their functionality diminishes. Because of its cloud-based technology and versatile offerings, NetSuite can grow with your business.
Sales Channels. If you sell products in multiple places (e.g., in both a brick-and-mortar store and online), NetSuite can handle the data for all your sales channels. This multi-channel functionality means both sides of the business can “talk” to one another, and you can process all of your business-critical transactions with one system.
Data Accessibility. How quickly can you access the data you need? When working with multiple software systems, it can take a substantial amount of time to get a comprehensive snapshot of your company.
NetSuite gives you all the information you need in one place, providing clear insights into your sales, service, and marketing performance. You will no longer be dealing with conflicting information or inaccuracies between multiple software systems. You can get a bird’s eye view of your business’s performance across all departments in real-time.
Streamlined Productivity. Do your employees ever seem to get bogged down trying to use the systems you currently have in place? Known for its impressive functional breadth, NetSuite is highly customizable and can be tailored to meet your exact needs across all functional silos of your business. In addition, NetSuite allows all these silos to communicate with one another seamlessly, making for a more collaborative work environment.
These are just a few elements to consider when choosing a new ERP system for your business. NetSuite is one of many systems that could meet your company’s needs, but I believe NetSuite is the best system to support your company both now and during future periods of growth and transition. Check out my new book, The Big Commitment: Solving the Mysteries of Your ERP Implementation, to learn more!