Here’s What No One Tells You About Netsuite.
While we may be a tiny biased, we hold NetSuite as the cloud-based ERP of selection, but for those of you new to ERP, there are many other choices you can recognize as well.
So, if you’re in the market for new ERP software and are considering NetSuite, we’ve done all the heavy lifting for you!
In this guide, we’ve outlined all the most common considerations when choosing an ERP solution and honestly evaluated NetSuite’s pros and cons in each area.
Feel free to bookmark this page and use the link below to continue exploring NetSuite.
Section 1: What is NetSuite?
So what exactly is NetSuite anyway?
NetSuite is a cloud-based Enterprise Resource Planning (ERP) software. In essence, ERP software integrates departmental functions and processes such as finance, planning, purchasing, invoicing, sales, marketing, inventory, human resources, and more to form the central nervous system for your business.
NetSuite Wheels Keeping all your data in one system, you have instant access to all your Vendor, Customer, Item/Inventory, and Transaction data at your fingertips.
Long gone are the days of inaccuracies and delays that result from uneven systems and excel!
NetSuite is deployed in a multi-tenant ecosystem hosted by NetSuite. You can imagine multi-tenancy as a residential building. Many people live inside the same building but each has its walls, doors, and protection.
This architecture and deployment method is the most economical because the cost of developing, deploying, and maintaining the software is spread across multiple customers.
NetSuite consultants is offered through a subscription model. Many small companies find the “pay as you go” nature of SaaS compelling, as it moves ERP investment from CapEx to OpEx and allows them to concentrate on their core business, not software and Management and maintenance of IT infrastructure.
Now that you have a high-level understanding of ERP software and NetSuite, we’ll move on to six areas you’ll want to learn more about.
Industry Fit – What is NetSuite good for?
- NetSuite Cost – Can I Afford It?
- NetSuite Extensibility – What about my other company applications?
- NetSuite Flexibility – Can I customize the method to fit my needs?
- NetSuite Ecosystem – Who Can Support Me When I Need Help?
- Then of course, we’ll quickly evaluate the NetSuite software against its primary competitors.
Let’s do it
Section 2: Company Size and Industry Fit
Will NetSuite Work for My Business?
One of the biggest things about NetSuite is how well it works for many diverse industries and business sizes. Whether you are a start-up with only a few employees or a large enterprise with thousands of users, NetSuite can be useful to you.
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