Introduction
As businesses start up, they start slow and small, like a seed in a planter, but they don’t always stay that way. The success of any company can sometimes come gradually over time or seemingly overnight if your product turns out to be something your customers can’t live without. That seed you planted and nurtured eventually outgrows the planter you put it in, and then it happens. You realize your small business, hobby, or startup has outgrown the basic accounting software you chose initially. You think, “Well, this is going to be inconvenient,” as you ponder the effort level in switching to systems that can potentially align with your company’s growth. However, it would be best to smile right now because transitioning to the NetSuite ERP system can be well worth your efforts.
Here are some of the reasons that the NetSuite ERP system is a great choice to expand and grow your business:
Visibility and Insight:
NetSuite provides a 360-degree view of your company processes and data. Using real-time data is critical in today’s fast-paced world, and NetSuite allows you to make decisions quickly as you can instantly view your data at a high or granular level. CRM, ERP, and E-Commerce functional areas are now tied to a single data repository, and the “Suite” of applications all work together to give your organization a single source of truth for your data.
Scalability and Flexibility:
Having a very customizable and modular base architecture is why NetSuite is so flexible, allowing it to adapt to your business needs and not vice versa. As your company needs to grow, you can add subsidiaries, locations, processors, storage, etc., without ever needing to touch a server or call your local I.T. staff in on a Saturday. NetSuite’s cloud-based architecture allows you to order up more processing time and have it delivered to your environment seamlessly so you can focus on your business. Integrations with thousands of external applications allow you to use all the Best-In-Class applications with your NetSuite ERP system.
Further Reading: Bypassing Common NetSuite Implementation Challenges: A CTO’s Guide
Ready to see the NetSuite ERP System in Action?
Request your free NetSuite demo with AlphaBOLD to discover the impact of robust ERP software on your business operations. NetSuite is the key to the hidden ROI treasure trove!
Request a DemoRegulatory Compliance:
GAAP, Sar-OX, GDPR (EU), and many other regulatory standards are supported by the NetSuite ERP system, helping your business comply with local and global regulations and reducing your need to worry about how to comply with ever-changing regulations.
Efficient Processes:
With NetSuite, automation of business processes can streamline your organization, reducing costly manual errors and allowing your team to focus more on the company’s goals and less on mundane, repetitive, or arduous tasks.
Further Reading: Benefits of GenAI Integration in Enterprise ERP Systems in 2024
Cost Effectiveness:
NetSuite is a Cloud-Based ERP system that utilizes a SaaS (Software as a Service) model so that your organization can focus on your core competencies and less on your ERP system infrastructure and system maintenance. This can reduce the reliance on a localized IT staff since you will no longer need to worry about server setup or database maintenance. You can now focus your ERP spend budget on ERP customizations, optimization, and automation of your ERP system to save you even more time and money.
ERP Selection Checklist
Streamline your ERP selection process with our comprehensive checklist, ensuring you make informed decisions for your business's future success.
Download Guide
Collaboration:
NetSuite is a “Suite” of modular applications that all work together. All your data is in one place, so your functional teams can all be on the same page, streamlining intercompany communication across your organization. Files no longer need to be stored locally or emailed to different departments for workflow processes and actions, making collaboration faster, easier, and more secure. This increases staff productivity and gets teams working together instead of having “siloed” information. In business, speed in collaboration and decision-making gives your company the edge over the competition.
Reliability:
NetSuite availability averages 99.96% uptime, bolstered by a Service Level Commitment of 99.7% uptime. NetSuite operates multiple data centers around the globe with data replication, redundancy, and top-tier disaster recovery so your business stays up and running. Source NetSuite Availability | NetSuite
According to Forbes, NetSuite has been the go-to choice for over 27,000 growing companies, with over 65% of tech-based IPOs 2021 running on NetSuite. If you are a growing small to midsize business, the NetSuite ERP system needs to be considered as you plan your growth strategy because, chances are, your competitors are.
Further Reading: Finding the Right NetSuite Consultants: A CEO’s Checklist
Transform your Business with the NetSuite ERP System Today!
Experience it firsthand. Request a demo to get a closer look at the features and benefits.
Request a DemoConclusion
The growth of your organization is a good sign you’re well on your way to a very successful business, and choosing the suitable ERP is critical to this success. Your ERP system is the soil your business is rooted in and the greenhouse that speeds its growth. NetSuite ERP system is designed to transition your company to scale and grow without limitations. Picking the right ERP system that scales with your needs allows you to focus on your customers and less on managing your back-end systems. Grow your business with the NetSuite ERP system.
Explore Recent Blog Posts
Project Management & Resource Planning
Related Posts
Project Management & Resource Planning
