Software companies are quickly realising the benefits that can be achieved by migrating to cloud-based systems. According to Gartner, 75% of all databases will be migrated to a cloud platform by 2022. However, for some businesses, moving away from the legacy hardware they have become accustom too and out of their comfort zones is too much of a daunting and risky task.
With the constantly changing landscape of the software industry — companies have no choice but to continually adapt to the demanding needs in such a dynamic market. However, their concerns regarding the time and capital required to fix their back-end systems is what is holding them back. What these businesses need is a proven path for success, one which can give them the confidence to completely transform their operations, going from zero to cloud in real-time – ultimately enabling them to rapidly adapt and scale their business to meet increasing demands.
The pathway for success
In order for businesses to successfully migrate their systems to software, they need a cohesive plan of action in place. Software companies require a system that provides a real-time view that can provide important insights on their business performance and pinpoint any inefficiencies. Fundamental in allowing companies to grow and scale, the solution should also be able to automate finance and accounting processes to increase accuracy and efficiency.
Businesses are therefore better placed to seize new opportunities that come their way. They can synchronise complex billing and revenue management flows as well as, automate subscription and renewal processes. With this impressive set of attributes added to their armoury, it can allow a business to remain agile and adapt when and if, the marketplace requires it to do so.
Once they have these processes in place, software companies can target the issue of lack of visibility in their businesses and look to boost productivity across all areas of their organisation. Additionally, this can free them up to look at developing and deploying innovative strategies to help them stay competitive in the software industry.
What they demand is a proven solution that can rapidly accelerate their business with a modern architecture, one which can to go from zero to cloud in 100 days or less. What they need is NetSuite SuiteSuccess for software.
NetSuite SuiteSuccess for software
Businesses can often be unsure about how to implement specific processes, but a viable solution in the industry does exist in the form of NetSuite’s SuiteSuccess for software. Key advantages include rapid implementation using its years of experience and thousands of successful cloud ERP implementations to make sure that businesses are up and running as soon as possible.
On some occasions, this will require the business to make internal process changes, but in turn, this will result in more efficiency, improved processes and benefits to the business as a whole. Whilst it can be taxing on the time and effort taken, it allows businesses to manage all areas of its operations with a preconfigured system in one single, customised view. This is the approach Netsuite has undertaken to its thousands of deployments across the years and it is these best practices which has led to the most effective and successful implementations.
SuiteSuccess for software can provide specific functionality for revenue recognition, subscription and contract management, billing resource management, project management, time and expense, issue tracking and SOX controls.
With various templates to choose from, the customer can personalise the solution to meet their specific needs with pre-configured KPIs, workflows and value-driven dashboards. NetSuite has a track record of success with modern hyper-growth companies and this is unmatched. More than half of the 2014 JMP Securities Hot 100 private software companies run NetSuite and a good proportion of The Wall Street Journal’s billion-dollar start-up club are NetSuite customers.
How NoBlue comes into play
SuiteSuccess for software has been designed using leading software industry practices to provide a more customised way of mapping customer requirements. This, in turn, ensures a more consistent, efficient delivery of services, exceeding customer expectations.
However, no software implementation will be successful if management and staff aren’t willing to adopt change. That is why NetSuite provider NoBlue ensures that as part of the implementation process that a training plan to help change management is put in place to support staff throughout the whole migration process, even once the system is live.
Change management is also essential to this process and without the correct change management in place, businesses will be held back from maximising user adoption, increasing their goal achievement, enabling training effectiveness and reducing resistance. NoBlue’s team of consultants are certified to implement SuiteSuccess for its customers and has over 19 years’ experience in implanting software for high-tech and digital companies and has proven success in other industries such as wholesale, retail and manufacturing.
NoBlue has implemented NetSuite systems around the globe and has offices based in a range of countries, meaning clients can expand globally without having to go through the tiresome selection of a new partner.
In short, NetSuite’s SuiteSuccess solution will provide seamless benefits for software and high-tech companies including its quick time-to-value, low risk and low cost, all whilst providing great customer satisfaction.
Would you like to learn more about how SuiteSuccess for software can transform your business? Comment below, or contact us for a demo.