What is NetSuite ERP?
Every organisation needs to manage many back-office processes to keep the business running. Enterprise Resource Planning helps enterprises increase productivity and profit by defining protocols for each process and link them together, so there is no need to consult different applications to keep track of the main KPIs.
The NetSuite Advantage
NetSuite is designed to rapidly adjust to changes in technology and business, maximising enterprise agility. You can either choose a horizontal offer that lends best-in-class functionality, regardless of your vertical industry or specific configuration, or you can customise it to be unique. A typical ERP has different modules that can be purchased separately depending on the specific needs of the organisation.
NetSuite ERP comes with all main modules that can be tailored, and offers advanced functionalities to upgrade – see the ERP modules to complete this incredible tool.
Improves Process Efficiency Across the Organisation
Improves Process Efficiency Across the Organisation. Automating key processes such as order management, fulfilment, invoicing, cash collection, expense approvals and financial consolidation, amongst many others, allowing a more restrained workforce and assigning higher-value activities to employees.
According to Nucleus Research, on a NetSuite ERP ROI study: accelerates financial close times by + 50%; increases sales productivity by 12.5%; increases inventory turns by 50%, and cuts order processing time by 66%, amongst other efficiencies.
Real-time visibility is important in making timely informed decisions. When information can be accessed instantly from almost anywhere you gain better informed employees and faster and more accurate decisions.
IT Time and Cost Savings. No more procuring, installing, and maintaining multiple systems and time consuming integrations between them means a significant reduction in operational costs.
With an integrated software system, expansion to multiple locations and additional sales channels can be accomplished a lot faster because of unified order and accounting management processes and data. Companies can also upsell and cross-sell more efficiently to their existing customer base because of the improved visibility they obtain.
User-Driven Innovation: It is the system that works for the organisation. Because of its ease of use, authorised personnel can tailor processes and applications in a way that improves performance.
NetSuite ERP Features
- Quotes & Order Management
- Shipping & Fulfilment
- Billing Management & Invoicing
- Financial Planning
- Purchasing & Vendor Management
- Payment Managment
Seamlessly couples core accounting functions such as general ledger, accounts receivables and accounts payable with strong compliance management; flexible revenue recognition capabilities; sophisticated expense management; a detailed, always-on audit trail; and multi-currency transactions and revaluation capabilities.
Easily convert quotes into approved sales orders, which then flow to the finance team for invoicing and revenue recognition. Integrates order fulfilment with inventory management and suppliers, improving efficiency at every step.
NetSuite is integrated with top shipping carriers, allowing you to manage all of your shipping needs from within NetSuite. Access up-to-date shipping rates, increase efficiency and lower your fulfilment order processing costs. Automates onerous tasks such as bulk fulfilment and label printing.
With NetSuite’s seamless quote-to-order-to-bill process and centralised customer data, NetSuite’s invoicing software maximises your cash flow. Real-time dashboards and detailed visibility into customers and invoices allow you to stay focused on managing receivables. Identify aging trends and arm employees with the right information to optimise collections.
Real-time, end-to-end business management for strategy, planning and execution. Key features include budgeting and forecasting tools, modelling and administration, and reporting and dashboards.
Gain complete visibility into the entire procure-to-pay process for a clear perspective on spending throughout the organisation. Employees can open and track purchase orders and other transactions themselves. Automatically routed approvals eliminate unnecessary spending while enforcing corporate policies.
SuitePayments is a complete payment management solution allowing you to accept a variety of payment options and accommodate all of your customers’ preferences. Helps control fraud and liability, and delivers powerful reconciliation capabilities. Integrates seamlessly with NetSuite to provide updated accounts, inventories and customer records in real time.
NetSuite ERP integrates all the organisation’s departments, divisions, lines of business and geographical locations into a unified, enterprise-wide information system. Have a comprehensive view of your accounts, linked to customer information, sales pipelines and marketing. And because everything is based in the cloud, you can access up-to-date information anytime from any device.
“We have found staff at all levels to be friendly, extremely helpful, accommodating and their response times to be excellent, with problem solving quick and efficient. Overall we’re delighted with the services NoBlue offered.”
Technical Director – Highlanderuk
“We presented NoBlue with a seemingly impossible task of enabling our accounts team and payroll in under a month. Needless to say this was delivered on-time and we are now continuing to push forward with implementing NetSuite ERP.”
IT Director – BillSaveUK
“NoBlue was able to provide a flexible and knowledgeable team that helped us get up & running as quickly as possible… the most effective partner to address our needs within the tight timeframes.”
Managing Director – Clariba