Netsuite – A Cloud ERP Solution That Scales With Your Business

by inoday .. Netsuite Consulting Company

In today’s highly competitive world, organizations have to face many challenges. From meeting fast-changing customer requirements and demands to fluctuating supply chain, organizations need to address several challenges. For this, they leverage Enterprise Resource Planning (ERP) software. Once an organization deploys an ERP, they start creating sustainable business models. After completing “early stage” challenges, they think about scaling up ERP to expand their markets, increase sales and build their customer bases to the point of profitability (and beyond). That’s why it is always recommended that companies must invest in the right solutions that not only meet their current needs, but also adapts quickly to needs of an expanding organization. Some of the reasons why an organization wants to scale up the existing ERP solution.

·         Expansion into new geographies.

·         Overhauling its e-commerce approach to sell more online.

·         Taking on new product lines and supplier partners.

·         Creating stronger alignments with suppliers and/or customers.

·         Finding new ways to drive costs out of the distribution process.

Oracle NetSuite is a cloud ERP solution that follows a modular approach that enables you to start with what you want. You can upgrade or De-grade at any point of time as per your changing business needs. NetSuite comes in open architecture and modular license approach, enabling companies to add and remove modules as the business demands it. As NetSuite is modular, it can be deployed and integrated with existing investments as required.

NetSuite – Helping you by Managing Risks and Compliance

As audit-ready solution, NetSuite helps organizations in Governance, Risk and Compliance (GRC) programs. NetSuite comes with built-in capabilities and processes that enable companies to handle increasingly complex regulatory, operational and compliance challenges. NetSuite’s easy and powerful customization, automation and reporting capabilities enable companies to conduct business globally with ease.

Global Accounting & Consolidation with NetSuite

With support for taxes and reporting across 100+ countries, 190+ currencies and 20+ languages, NetSuite can consolidate subsidiary and parent entity level in an effortless manner. NetSuite accelerates close time, maximizes transparency while ensuring compliance. By providing real-time visibility of your global business, NetSuite ensures timely, consistent compliance management across the organization, locally and globally. Real-time currency conversion and financial consolidation for all your global operations is possible in NetSuite.

Manage and Optimize your Global Supply Chain

NetSuite helps you in managing supply chain across multiple continents and time zones. With the help of global time phase view, you can gain actionable insights about current and future inventory position across entire global supply chain. You can see projected inventory along with any demand or supply throughout your supply chain. With demand planning capabilities, NetSuite enables organizations to calculate and predict demand based on historical demand, open opportunities and/or manually entered or imported sales forecasts. Once demand trends have been evaluated and the plan is created, you can generate purchase, work and transfer orders.

Deliver engaging brand experiences to online shoppers

After setting up physical stores at multiple locations, some organizations look to excel in online segment. NetSuite is comprehensive cloud platform that unifies ecommerce with your operational business systems. With support for both consumers (B2C) and business buyers (B2B), NetSuite helps you to sell through multiple brands, languages and currencies atop the same ecommerce solution.

How can we help you?

If you’re looking for Best NetSuite ERP Service in USA, then inoday is one stop destination for you. As leading NetSuite Consulting Service Providers, we guide you through your digital transformation journey. We offer range of professional services like NetSuite licensing, implementation, customization, integration and support.

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Created on Jan 21st 2020 04:46. Viewed 347 times.

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