Oracle NetSuite 101: Told by our team of experts

Ekwani Consulting

At Ekwani Consulting, it is our mission to help small and mid-sized businesses scale to their full potential through the power of ERP software. 

 

Don’t believe us? We’re so invested in that belief that our company tagline is “realize true potential”! 

 

So many times, prospective clients come to us with a grand-scale vision but aren’t (yet) empowered with the tools to achieve it. That’s where we come in with our Oracle NetSuite superpowers and implement transformative software to help them scale sustainably. 

 

However, before the journey from unsupported to automated gets started, we would like to answer critical questions to help businesses understand NetSuite’s capabilities and exactly how powerful they can be. 

 

Question 1: What is Oracle NetSuite? 

Oracle NetSuite is a cloud-based ERP software. This “enterprise resource planning” platform helps businesses streamline their systems, automate their functions, and simplify their data. What does this mean for you? A more straightforward and hands-off approach to the way you run business with room to make better-informed decisions that lead to significant and sustainable growth. 

 

Question 2: How can Oracle NetSuite support me? 

NetSuite has a wide variety of completely customizable capabilities that allow your business to run on auto-pilot or as close to it as possible. NetSuite supports you with: 

 

  • Finance management
  • Inventory management
  • Supply chain management
  • Accounting
  • Customer relationships
  • Marketing automation
  • And more!

 

Question 3: Is my industry compatible with Oracle NetSuite?

Because business needs vary from industry to industry, it’s important to recognize if Oracle NetSuite is right for you - but we’re pretty certain it is!

 

Here is a list of industries NetSuite is designed to support: 

 

  • Advertising and Digital Marketing Agencies
  • Apparel, Footwear and Accessories
  • Campus Stores
  • Consulting
  • Education
  • Energy
  • Financial Services
  • Food and Beverage
  • Health and Beauty
  • Healthcare and Life Sciences
  • IT Services
  • Manufacturing
  • Media and Publishing
  • Nonprofit
  • Professional Services
  • Restaurants and Hospitality
  • Retail
  • Software & Technology Companies
  • Transportation and Logistics
  • Wholesale Distribution

 

Question 4: Why do companies choose Oracle NetSuite over other ERP competitors?

As an industry leader, NetSuite is constantly evolving to match the shifts in our modern market. They roll out comprehensive, bi-annual updates to reflect the ever-changing technology trends so your software is never outdated.

 

Question 5: How does the software pricing work? 

Oracle NetSuite’s pricing model makes it stand out immensely amongst competitors. They understand that businesses run at all levels and appreciate that budgets vary from startups to established companies. NetSuite doesn’t believe in implementing pricing that holds companies back from getting the support they deserve just because they don’t have the cash to splurge on systems and operations.

Because of that, they offer customized pricing to meet your individual needs and budget!

 

Question 6: How do I know Oracle NetSuite has the capabilities I need?  

“One-size-fits-all” doesn’t exist at NetSuite. The software is designed to accommodate your business needs, no matter how complex they are. 

 

Features such as accounting management, customer retention management, human capital management, and inventory management are all completely customizable to fit your business like a high-end glove. 

 

Question 7: Can I implement NetSuite on my own?  

The entire goal of NetSuite is to save you extensive time and effort so you can focus on activities that will move your business forward. With that said, we don’t recommend implementing the program yourself because the process may slow you down rather than speed you up! 

 

Implementation of the software requires extensive knowledge and training to be done correctly and to the highest level of efficiency. Handing this phase over to a team of experts such as the ones at Ekwani Consulting will serve your business much more productively so you can get your system rolling!

 

Question 8: Is NetSuite easy to navigate?  

NetSuite understands that you don’t have a ton of time on your hands; that’s why its whole premise is designed to give your business more space to grow.  Once the software is implemented, NetSuite support provides training for your team in order to learn how to work it. 

At Ekwani Consulting, our Specialized Learning Services add an additional layer of empowerment to your team through learning materials and learning programs that make your new technology feel like second nature.

 

Question 9: How can I get started with NetSuite? 

Get in touch with us! As specialized consultants with NetSuite, our team is dedicated to supporting you and your business as you achieve long-term success. 

And because we've worked in some of the most popular industries that NetSuite supports (i.e., health and beauty, eCommerce, retail, pharmaceutical, etc.), we've got an up-close-and-personal view of the unique challenges and barriers that come up with running your business. 

If you’re ready to learn more about ways that your ERP can make your day just a little bit easier, reach out to us. We’ve got the answer.

 

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