Why Your Fast-Growing Business Needs Cloud ERP Solution?

   Growing businesses often find it difficult to expanding to new locations. Some of the key challenges, apart from regulatory compliances, they face include management of their sales team and channels, back-office efficiency alongside ensuring high levels of service for customers. However, when you start a business, you may opt for ad hoc, standalone applications that need to be upgraded to support your existing business processes. By employing disparate systems across departments, we waste large sums of money and valuable time gluing the fragmented components together to understand how departmental successes impact the business on a holistic scale. However, by leveraging Cloud ERP Solutions like Oracle NetSuite, you can easily address these problems.

NetSuite comes with integrated cloud applications (ERP, CRM, HR, ecommerce, warehouse management, project management and customer service applications) that share same application stack and database. Due to this, business processes easily flow from one application and department to another i.e. from sales quote to order, or from procurement to final vendor payment. With single repository, you get real-time reporting, enabling everyone to see a shared view of the business.

Consolidate Everything In A Cloud-Based Business Management Suite – Netsuite

 · International Operations – NetSuite supports multinational and multi-subsidiary operations, helping global businesses to grow confidently by delivering real-time visibility and consolidation and providing the flexibility to customize the solution for specific corporate and subsidiary needs.

·  Custom Application Development – NetSuite offers you SuiteCloud Technology Platform along with access to well-defined APIs and scripting engines. Leveraging these, IT departments can quickly build innovative, end-to-end business applications.

·  Supports Compliance – With support for comprehensive indirect tax management and reporting capabilities, NetSuite enables you to address the most stringent local accounting regulations and gives you the power to go global with confidence.

·     Reduced IT Costs – The total cost of ownership for NetSuite is quite low when compared to on-premise solution. Oracle maintains all of IT infrastructure for you, ensuring that system is always running, data remains secure, and product enhancements are rolled out painlessly to your solution without breaking previously implemented customizations.

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Why Shouldn’t You Opt For Netsuite Self Implementation?

Undoubtedly, NetSuite is an award-winning cloud ERP solution that automates front- and back-office processes while providing you real-time view of key performance indicators (KPIs) to ensure data-driven decision making. When it comes to implementation of NetSuite ERP solution, then there are two options available. One is “Self-Implementation” and another is “NetSuite Solution Provider”. Now, the question is which the best option for your business is.

Self-Implementation – In this, you can buy license directly from NetSuite and can hire a resource well-versed with NetSuite technology with full-time commitment to the implementation process. However, the biggest disadvantage associated in this is that self-implementation may take longer than expected and cost your company more money as project timelines and commitments tend to run long without a team. Furthermore, it is not necessary that the resource you hire in-house can identify gaps in your processes and offer you solution that connects your ERP with your current business processes.If left ignored, these gaps may turn into large holes within your implementation. Last but not least is many ERP implementation projects misfire due to wrong data migration. Companies may end up leaving some data behind, migrating it incorrectly, or may end up losing their data altogether.

NetSuite Solution Provider – NetSuiteSolution Providers not only help you with discounted licensing but also have long-term plan and business strategy in mind from the get-go. They passionately understand your company’s processes and are committed to your success. They will provide unbiased answers to questions, demos, and any information you need throughout the process. Furthermore, you will have access to entire team which will help you along implementation to services and beyond.

Furthermore, there are instances when you need NetSuite Customization to make it fit to your unique business needs. NetSuite Solution Providers adapt the NetSuite product to meet your specific business requirements. Last but not least, they offer competitive pricing on both software and services. By bundling your licensing and implementation services, they ensure better savings on a successfully delivered solution.

If you’re looking for NetSuite ERP Consultants in India, feel free to contact us.

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