Benefits of NetSuite ERP

Benefits of NetSuite ERP

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The benefits of NetSuite Cloud solution for your business are many, but many often fail to understand them. Companies think an ERP software (Enterprise Resource Planning) can be avoided to save costs on their business challenges as their business doesn’t qualify to be an “enterprise” yet. Despite the name, every company can benefit from an ERP system as it’s designed to be customized to suit every business operation, no matter its size, workforce or locations.

What's an ERP system & what are its benefits?

An ERP system is designed to streamline the work process within the industry by allowing all departments to be in synergy with one another. NetSuite Cloud ERP will allow organizations to track and share order-related data like production, sales orders etc. with internal employees and with external factors like vendors, contractors and suppliers as well. Work processes like, handling inventory, product demand, supply chain and sales can be gathered within a single system that can be accessed by every employee no matter where they are. This is due to the fact that NetSuite abides by the highest accessibility standards.

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What’s an ERP system & what are its benefits?

An ERP system is designed to streamline the work process within the industry by allowing all departments to be in synergy with one another. NetSuite Cloud ERP will allow organizations to track and share order-related data like production, sales orders etc. with internal employees and with external factors like vendors, contractors and suppliers as well. Work processes like, handling inventory, product demand, supply chain and sales can be gathered within a single system that can be accessed by every employee no matter where they are, as ERP software abides by the highest accessibility standards.

Oftentimes, companies from various industries will ensure that their important departments are in line with one other, but departments like Marketing and Sales often get ignored. In order to ensure unity among the workflow, a system like NetSuite can be enabled to track data like sales, orders, customer data and product recall for better customer service which will help the Sales and the Marketing department. This vast ocean of information allows the specified individuals in developing better sales and marketing strategies while taking current data into consideration and that’s one of the crucial benefits of NetSuite Cloud ERP

When an ERP system, like NetSuite, is enabled within a company, communication becomes easy and all the activities stay within the loop at all times while avoiding the risks of crucial data being overlooked.

Such a NetSuite implementation allows firms to establish high standards of customer/ vendor satisfaction and order completion among many while reducing unnecessary costs so the firm can focus on gaining new business while retaining existing customers in a modernized way.

As the benefits and features of NetSuite Cloud ERP far outweigh the costs of its implementation, it’s therefore common to see every company undertake the implementation of a NetSuite ERP.

Here are some of the benefits and features of NetSuite Cloud ERP for your business

NetSuite ERP For Order Fulfilment

NetSuite ERP For Automating work processes

NetSuite ERP for tracking order/product and shipping data

NetSuite ERP for gaining complete visibility

NetSuite ERP For delivering Superior Customer Service

NetSuite for Accounting and Financial management

At the very core, NetSuite is robust accounting software. NetSuite also contains many core financial reporting capabilities that can showcase real-time visibility. Some features include:
  1. Billing
  2. Financial planning
  3. Financial reporting
  4. Governance, Risk and compliance

NetSuite Customer Relationship Management CRM

NetSuite contains a robust Customer Relationship module that comes with many intuitive features. Some functions include:
  1. Salesforce Automation
  2. Reporting and analytics
  3. Cross-sell, Upsell, quoting and order management
  4. Sales forecasting
  5. Customer service
  6. Customer Support
  7. Lead management
  8. Manage customer relations via phone

NetSuite for Human Capital Management

NetSuite contains an all-in-one human capital management (HCM) module called as SuitePeople. SuitePeople streamlines the entire employee handling, information processing, new hire management, onboarding and more

Some functions include:

  1. Payroll management
  2. Time off management
  3. Expense management and more.

In order to figure out the benefits of NetSuite Cloud ERP implementation for your brand, try out our FREE ASSESSMENT or simply leave a message. As NetSuite is a highly customizable platform, it’s common to see many companies implement additional modules to meet their business needs.

ERP Buddies takes pride in creating customized solutions that revolve around your brand and its needs.

ERP Buddies specializes in providing customized NetSuite ERP solutions to your brand that are unique to the goals of your organization.

ERP Buddies Inc. has had the opportunity to work with businesses to streamline their workflow by providing data migration services and specializing in unifying various cloud systems into one via NetSuite ERP integrations.

Women in Power

Women in Power

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Prachi Patel, Sr. NetSuite Consultant

NetSuite never sleeps & this is why our commitment to service organizations in this moment becomes stronger than ever. This feat wouldn’t have been possible if it was not for our talented team members who have made this look easy with their constant availability and communication.
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Deanne Joyce, Associate, NetSuite Consultant

Of course, we miss our workplace & our colleague, but that is no reason to get ourselves down. Due to the lack of commute, I’ve been sneaking in some workouts & practicing better self-care for myself and my family, as I firmly believe that “ A healthy mind resides in a healthy body.

Esther Garcia, NetSuite Consultant

At this time, I encourage myself and my team members to remain client-focused. Each day, we are a little more creative in our approach. We constantly reach out to each other, share ideas and positive messages. This helps make our work easier and feels like the buddies are always there for each other.
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Ainur Abulkairova, Administrator

Sustaining hope and remaining optimistic are the key to these trying times & my team at ERP Buddies keeps proving that. Every day, I see us grow and bring innovative solutions to unprecedented problems. Thank you to all my buddies.

Akshata Patil, Marketing Research

At any point of time, we may be faced with an unpredictable uncertainty. What we can do to set-off the adverse effects of the lockdown in this economy is, to keep going. Stay truly optimistic, follow the safety protocols & these times shall soon pass.
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Yamini Khanna, Business Development Executive

During this pandemic, the team environment of all companies will be tested. Thankfully ERP Buddies has gone above and beyond in being a constant support with their remote work from home tools, team discussions and meetings. I have been constantly supported and am able to maintain my productivity during this period.

Fareeha Ghani, HR Generalist

Human resource is not just a department but a strategic approach in a time when our organization and the world is facing this pandemic. During this time, my focus is my team and making their transition easier among the constant changes and hurdles. As an HR Generalist, my job is to ensure work demands are met, positions are filled, and that even though everyone is working apart that we continue our buddies work ethics.

Improve Marketing ROI with NetSuite Cloud ERP

Improve Marketing ROI with NetSuite Cloud ERP

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The 21st century is a data driven era & running a business means handling vast amounts of data & marketing which leads to crucial man-hours being spent to manage it. Oftentimes, businesses ignore the need for proper data management which leads to their data being haywire. Not only does this affect your data integrity but it also affects your customers and you end up thinking about why your ROI hasn’t increased… Therefore, in 2020, it is a necessity for businesses to invest in gaining more visibility through the use and integration of an Enterprise Resource Planning solution like NetSuite, & a Customer Relationship Management application like Salesforce.

Note: NetSuite ERP has an innate CRM functionality which can track customer data as required. However, NetSuite ERP does allow for integrations with 3rd party CRM softwares like Salesforce for instance.

An ERP software like NetSuite is the key to streamlining your internal process such as but not limited to: Managing inventory, operations, Shipping, CRM and tracking employee productivity among more. With NetSuite ERP your company gets access to valuable insights which were never available before.

Gain Customer Insights with NetSuite

In order to acquire & retain customers, brands need to be equipped with insights into crucial data like which products are being sold and the marketing campaigns that are gaining traffic etc. A CRM system will provide the latter information, whereas an ERP system will give information about inventory, purchasing etc. At the very base, an integration between the 2 software’s will provide the Marketers with insights regarding any campaigns that must be stalled or insights into creating new ones according to the demand.

For instance, NetSuite can foresee a surge in traffic & inform you via prompts / warnings about the need for a marketing campaign to support the increase in traffic.

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Track production, sales, returns & predict your customer needs with NetSuite

Brand loyalty is an important aspect for any organization. Brands need to let their customers know that their expectations will be met, and their values will be looked upon if they are looking to improve their brand loyalty. NetSuite ERP will keep track of your inventory, production, distribution & more whereas a CRM system will track information like customer history, most valued customers, returns etc. When your customer service team has access to customer information & real time information about inventory it will enable them to provide the best possible experience and avoid product returns or unease among the customers. This ultimately helps the Marketing team to achieve their goals.

Oversee marketing & sales on a Geographic level with NetSuite

Our Experts have the capability to customize your ERP system to showcase the most successful locations in terms of sales, client acquisition, commissions or any KPI that’s important for your business. Tracking such data can be helpful if a brand has a particular location that is performing better than others. Access to such information allows Marketers to develop special campaigns that target a locality via AdWords, Social media or even traditional mediums like transit advertising etc. Tracking such data can be helpful if a brand has a particular location that is performing better than others. On the other side, marketers can go back to the drawing board to develop strategies to help with improving the performance of areas which are not pulling the expected traffic for the brand.

No more data duplication, thanks to NetSuite

When companies have 2 distinct platforms for handling their ERP and CRM, they often tend to run into issues like data duplication which impacts their data integrity. Unifying data system ensures every change is automatically reflected throughout the organization. When the Sales and the Marketing team has access to this unified data, they can cater their efforts to cases that need utmost attention without affecting any other functions, this is particularly important for businesses that deal with B2B clientele.

NetSuite ERP is capable of unifying your entire business to give you a streamlined business procedure encompassed of CRM & ERP capabilities, all with just NetSuite Cloud ERP.

Access data from anywhere with NetSuite

The ease of accessibility that comes with NetSuite ERP is simply incomparable. When your business operates from the cloud, your company files & information become accessible to everyone across every department. With just a few clicks, every employee will have access to a huge database about orders, inventory management and customer service to ensure they are better equipped to serve the customers all the while being protected by various security measures.