With the increasing competition, the organization needs to adapt to the latest technology trends to stay relevant in the market. However, in the software industry, the change has occurred in the form of ground-breaking solutions that are designed to make software development more user-friendly and cost-effective.
Software companies have made significant technological and functional improvements in business software, allowing customers to take advantage of new opportunities. The goal is to help businesses achieve complex software implementation in today’s dynamic and ever-changing business environment.
Some of the best examples of business software are NetSuite, QuickBooks, Infusionsoft, Xero, Zoho Books, etc., has brought tremendous changes in the business operations. Where all the software has its unique challenges and advantages, NetSuite has indeed won the race with its user-friendly interface!
According to Gartner report 2018, NetSuite delivers a suite that was “born for the cloud,” and by 2020, nearly 60% of large enterprises are up for system replacement, switching from traditional models to NetSuite software.
Being an ERP system, it not only streamlines business operations but also simplifies the financial management process for businesses, which are inevitable. As every company wants their cash flow positive and consistent- NetSuite can help you achieve this!
Top advantages of NetSuite that clearly explains its role in business growth:
- One-stop solution for your entire business needs-
NetSuite has the ability to assist you with every business operation by working as an exclusive solution. You don’t have to fumble between various software, which ultimately saves you time and money.
More so, when you have one integrated platform, you ensure seamless data flow within your employees and other departments.
- Enhances the decision-making process-
NetSuite enables business managers and executives to improve their decision-making capabilities with its real-time dashboards. These dashboards can be easily tailored so that individuals can see the statistics as per their convenience.
Lastly, NetSuite pools data across the company with contrary to separate software, which creates data silos and you get many powerful insights.
- Unique financial dashboards-
With NetSuite financial dashboards, you can quickly analyze and regulate the financial enactment of your business in real-time. It enables you to augment the cash flow management in real-time, which includes reporting and analysis and the division, both at junior and senior level.
The dashboard gives you control over 100 standard reports like income statements, balance sheets, consolidated reports, and variance reports. NetSuite accounting is famous for streamlining heaps of financial data generated on a daily basis without any hassle.
- Highly scalable-
NetSuite is very scalable as it rapidly grows with your business. When you grow horizontally, all you need to do is add more users to your existing subscription rather than managing a massive infrastructure change.
And when you grow vertically into new maneuvers, you can add additional segments into your ERP system. More so, if your company wants to become universal, the software can help you evolve that way as well.
- Secure platform-
Security of cloud apps has been in controversy, since years, but NetSuite delivers a highly secure platform with better assurance. NetSuite immensely invests in resources to keep your entire data safe and will continue to do so as it is the crucial fragment of ERP systems.
The added benefit of using NetSuite is it eliminates the need of hiring an IT team to operate this software.
- Reliability and easy access-
NetSuite is absolutely reliable giving you 99.99% uptime, and through load assessment, the software reduces interruption for upgrades. So you cannot doubt the reliability of NetSuite.
More so, you can easily access your entire data whether it is financial or related to business performance, with an internet connection analyze everything anywhere anytime. This ultimately enhances the flexibility within the business processes.
- Speed up the growth-
When you have an integrated software system at the place, expanding your business to different locations becomes more comfortable, and you can accomplish more sales channels rapidly because of amalgamated order, accounting management process and data.
With the improved visibility, businesses can effectively upsell and cross-sell to the existing consumer base. NetSuite for small business is like a forever partner to assist them to serve better customer base efficiently.
Whether you have two companies in different countries or one country, forget about using various software as NetSuite supports the ability of your firm to be multinational. This software seamlessly favors diverse languages and currencies, making your multinational company much more achievable within your ERP system.
Businesses today are exploring virtual options and looking for more sophisticated business software to fuel their growth and excel in this dynamic market. But still, many are struggling due to budget constraints, poor functioning system roadblocks, and reduced productivity.
However, with integrated software like NetSuite, businesses can run more efficiently as it transforms the operation management, allowing companies to focus on growth aspects and attain profitability