What is NetSuite?

The #1 Cloud Enterprise Resource Planning (ERP) System On The Market

About NetSuite

What is NetSuite? NetSuite is an Enterprise Resource Planning (ERP) software used by more than 31,000 fast-growing organizations across the globe. That platform consists of a suite of applications that help companies simplify operations, drive efficiencies, gain visibility into performance, and easily manage every aspect of their business.

NetSuite’s core offering provides solutions for financials, CRM, ecommerce, inventory, HR, professional services automation, and more via all from a single cloud-based platform.

NetSuite is an extremely customizable ERP solution thanks to the SuiteCloud Platform and additional modules. These modules allow customers across a wide variety of industries to add on functionalities they do need without paying for functionalities they do not need. With cloud-based engineering, NetSuite can be accessed from any device and anywhere in the world that has an internet connection. The near endless functionality paired with its easy accessibility puts NetSuite at the forefront of ERP offerings.

NetSuite is the #1 cloud ERP system on the market and helps businesses run more efficiently and cost-effectively.

Enterprise Resource Planning

NetSuite ERP helps businesses operate effectively by automating routine tasks and providing 360 degree visibility into operational and financial performance. It replaces countless software programs and allows you to run your business with a single unified system. With your data being unified across departments, locations, and business functions in real-time, NetSuite gives you best in class insight into your business.

 

NetSuite ERP Features:

  • Financial Management
  • Global Business Management
  • Accounting Management
  • Inventory Management
  • Order Management
  • Supply Chain Management
  • Warehouse Management

Cloud Accounting Software

NetSuite’s cloud accounting functionality makes recording transactions, managing AR/AP, managing taxes and closing the books simple. Your accounting department will enjoy streamlined operations, improved reporting, and greater control of financial assets.

NetSuite Cloud Accounting Software Features:

  • General Ledger
  • Cash Management
  • Accounts Receivable
  • Accounts Payable
  • Tax Management
  • Close Management
  • Fixed Assets Management
  • Payment Management

Global Business Management

NetSuite OneWorld is the perfect solution for companies that operate internationally, have separate legal entities, or manage multiple subsidiaries and business units. Business owners get complete control over what data is seen and accessible by each unit, and can consolidate all location data into single reports for total visibility. Plus, OneWorld supports 27 languages and 190 currencies making it simple to work with customers and suppliers around the world. Custom country-specific configurations allow you to manage compliance, tax and regulatory requirements, and accounting standards across jurisdictions.

NetSuite Global Business Management Features:

  • Multi-Currency
  • Multi-Language
  • Global Accounting and Consolidation
  • Consolidated Financial Statements
  • Indirect Tax Management
  • Audit and Compliance Reporting
  • Electronic Payments

Have more questions about NetSuite?

Speak with an expert today.

 

Which industries use NetSuite?

E-Commerce |Manufacturing & Wholesale Distribution | Technology | Life Sciences | Trade Associations | Retail | Agriculture | Hospitality | Professional Services | Media | Software | Restaurants and More!

Customer Relationship Management

NetSuite’s Customer Relationship Management (CRM) empowers your business to manage interactions with customers and leads, control relationships with vendors and partners, and streamline your sales pipeline. Equipped with sales force automation (SFA), marketing automation, customer service, quote and commissions management, sales forecasts, dashboards and more, NetSuite CRM gives you total visibility and control over the customer life cycle. From lead to customer to cross-sell and support, you can be sure that you’re efficiently closing deals, retaining customers, and creating brand evangelists.

NetSuite CRM Features:

  • Sales Force Automation
  • Configure, Price, Quote
  • Marketing Automation
  • Customer Service Management
  • Partner Relationship Management
  • Mobile Accessibility
  • Reporting and Analytics

Human Resource Management

NetSuite’s SuitePeople human resource management solution helps make HR service delivery easier and more efficient for everyone across the organization. With a single tool to manage human resources and payroll, businesses can ditch their third-party HR software along with the technical integrations that come along with it. This allows you to improve data accuracy, boost employee experience, and make better decisions focused on your most valuable asset.

NetSuite Human Resource Management Features:

  • HR Administration
  • Payroll
  • Performance Management
  • Workforce Management
  • Workforce Engagement
  • Analytics
NetSuite Commerce Features

Omnichannel Commerce

NetSuite’s Omnichannel Commerce provides eCommerce and point-of-sale (POS) solutions that help businesses move away from siloed online and in-store channels and seamlessly connect all customer touchpoints. NetSuite’s cloud solution unifies business operations and commerce applications to provide a single source of item, inventory, customer and order data — so you can create seamless, cross-channel, personalized shopping experiences.

NetSuite Commerce Features:

  • Ecommerce
  • Point of Sale
  • Order Management
  • Inventory Management
  • CRM
  • Connectors

Professional Services Automation

NetSuite’s Professional Services Automation (PSA) solution allows service businesses to enjoy an end-to-end cloud-based PSA system. Time and expense tracking ,project and resource management, project accounting, and invoicing all become easy with NetSuite. The SuiteProjects module helps organizations complete projects quickly and profitably, generate invoices accurately and efficiently and shrink accounts receivable cycles.

NetSuite Professional Services Automation Features:

  • Project Accounting
  • Project Management
  • Resource Management
  • Timesheet Management
  • Expense Management
  • Project Reporting and Analytics

Analytics and Reporting

NetSuite’s analytics and reporting capabilities gives businesses real-time and 360 degree visibility into their operational and financial performance across all business functions. With prebuilt reports, and near endless customization, these reports make it easy to get the data you need, while role-based dashboards and key performance indicators (KPIs) help you keep an eye on business performance.

NetSuite Analytics and Reporting Features:

  • Reporting & Dashboards
  • Data Warehouse
  • Saved Searches
  • Data exports

Why Businesses Love NetSuite

Why is NetSuite an industry leader in enterprise software for wholesale distribution? When you implement NetSuite, you’ll can gain access to all of these features and more within a single, cloud-based solution.

Unified Business View

Whether you have one location, or international operations with corporate offices, warehouses, factories, field offices and more, NetSuite ensures that everyone has access to the data they need when they need it.

Integrations

The platform’s natively integrated modules negate the need for third-party integrations that may be unreliable or unable to support real-time updates. This allows users to complete  multi-step processes from a single application.

True Cloud

All the data that’s needed for effective management is always available in real time—even when your users are working remotely. NetSuite features a multi-tenant, vendor-managed cloud solution with endless room to support growth.

Deep Reporting Capabilities

NetSuite’s deep reporting capabilities allow you to find answers quickly and easily by using its built-in analytics tools. Users can pull reports on everything and anything they may want to measure or understand, thanks to the system’s built-in reporting tools.

Built-in Flexibility

NetSuite offers an incredible amount of flexibility in terms of both functionality and implementation—everything is customizable so that it fits into whatever workflow best suits your needs at any given time or location throughout the world.

NetSuite FAQ’s

What makes NetSuite different from everyone else?

The key advantages of NetSuite are:

  • Flexibility: Built-in flexibility to adopt new business models and process
  • Ecommerce: Customer facing commerce system integrated with your business system
  • Business Intelligence: Real-time analytics including dashboards and alerts to monitor and control your business
  • Integration: Ability to integrate NetSuite with other business systems to provide the “Single Version of the Truth”

What is the cost of NetSuite?

NetSuite pricing is based on a subscription model.  Pricing varies depending upon modules needed, number of users, length of license term, and  number of entities and locations.  The advantage of working with ScaleNorth is that we understand NetSuite pricing to bring you the ideal solution.

Is NetSuite complicated?

NetSuite can handle complex business requirements but is not complicated.  

What industries does NetSuite support?

NetSuite works in almost every industry and has solutions in many industries including: media, advertising, apparel, campus stores, professional services, education, energy, financial services, food and beverage, health and beauty, IT, manufacturing, non-profit, retail, software, transportation, logistics, wholesale distribution, and private equity.

How do I know if NetSuite is right for me?

32,000+ organizations across the globe utilize NetSuite as their operational and financial system.  We started this business to help companies achieve what we achieved as former NetSuite clients.

What is the ideal size of business to use NetSuite ?

NetSuite runs in businesses from start-ups to large companies.  You can scale your business without the cost of additional hardware as your business is in the cloud.

Why in this uncertain economic environment should we consider NetSuite?

NetSuite is 100% cloud-based and allows you to operate your business anywhere.  Our clients are uniquely positioned to adapt to changing circumstances and have a world-class support to support their businesses.

Contact ScaleNorth Today

Have questions about what all the services are or how they can improve your business?

ScaleNorth is one of the leading NetSuite Advisors in the Nation.  Attention to detail and the customer experience are top of our priority list.  NetSuite is a very powerful business tool, with the right direction you can utilize all that NetSuite Cloud ERP offers.  Combining NetSuite with other tools like Avalara, MSI, Trinet, Celigo and SPS Commerce will set you ahead of your competition.  ScaleNorth Advisors are not limited to these softwares, contact us today to discuss implementation of your current software with NetSuite.  

Lets Chat Now (714) 705-6075

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