Investing in an ERP for managing your standards business processes is going to be a crucial decision that has the potential to skyrocket your business productivity. You need a software solution that offers a comprehensive set of features to manage your enterprise resources like inventory as well as the overall financials of your business. And with all the ERP solutions that are available out there, it can get quite hard for you to choose one.
When we talk about the best ERP software, Oracle NetSuite stands at the top of the list. It offers extensive ERP, CRM and Professional Services Automation (PAS) features which make it a great choice for small as well as large businesses.
Let’s take a deeper look at this Oracle training Cloud Based ERP and the features that it has to offer.
About Oracle NetSuite
NetSuite offers a single system to manage all key business processes. From managing finances to keeping track of business resources as well as customer relationships management, this tool offers an extensive list of features that is hard to find in most ERPs that you see online.
NetSuite offers a unified system for managing all business processes. It includes many modules that you can get on demand. NetSuite helps automate business tasks and reduces operating costs while allowing you to stay on top of things in terms of your business management.
This tool offers you a single platform for managing your entire business. The software has been designed with a modular approach with module specific features being made available across the tool. You can buy the functionality that you need and leave the ones that you don’t want or need at the moment.
Oracle NetSuite Features & Services
Here are some of the NetSuite modules/services that are currently active and available for purchase
- Enterprise Resources Management (ERP) Module
- Customer Relationship Management (CRM) Module
- Professional Services Automation (PSA)
- E-Commerce Store Hosting
- Retail and Manufacturing Management
Effective Enterprise Resource Planning with NetSuite
- Centralizes Company Information
NetSuite centralizes your entire business information and offers and easy way to employees to access and share information across the company. This tool promotes seamless flow of information and reduces the need for manual reports generation and sharing across different departments of a business. This allows business to focus on tasks that matter.
- Real Time Visibility Features
Since all the data in NetSuite is centralized, it reduces the overhead of gathering data from different sources. The employees and project managers can focus on analyzing the data instead of looking for hours and trying to make sense of random data. You get enhanced visibility with NetSuite for all the data from different departments of a business. There is no need for manual data extraction with NetSuite which promotes faster and accurate flow of data and information.
- Easily Scalable
The biggest benefit that you get with NetSuite is that of scalability. If you every plan on expanding your business and taking it to the intentional market, the tool will give you features to support multiple currencies, multiple languages and other impressive features that would help with managing ever increasing business tasks and responsibilities. You can scale up or scale down as per the current growth ratio for your business.
- Buy Modules That You Need
NetSuite follows a modular approach for its pricing. The complete suite includes different modules that you can purchase as per your requirements. This is extremely beneficial for small businesses who are just starting off. And as your business starts growing, you can opt for other modules that can help you with better enterprise resources management.
- Automates Standard Processes
With the automation of standard processes like customer engagement, NetSuite takes your CRM game to the next level. This feature allows you to manage your customer relations in a fast and effective way. This tool also automates order management, invoicing, expense approval and stuff like that, which makes things ever easier for the user. The Automaton features of NetSuite promote a smoother workflow and help your business grow at a much faster pace.
So, if you are planning on setting up a new business, make sure to check out NetSuite for managing your business recourses and overall finances.