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5 Things To Know About NetSuite

With so many valuable ERP’s out there, you may wonder why NetSuite is a favorite here at Ekwani. And luckily for you, we don’t think we’ll ever get tired of giving you reasons why!

In this blog, we’re going to answer for you some of the most common questions we’ve been asked or seen asked by our audience when it comes to NetSuite. We hope it helps you get a clearer picture on how NetSuite can help your business grow.

Let’s get started!

What is NetSuite?

Touted as the #1 Cloud ERP (Enterprise Resource Planning Software,) NetSuite is a business management suite that allows you to completely manage your business all from one platform. With different departments as well as an all encompassing dashboard, NetSuite allows business owners to run their business from under one umbrella.

By having this, you’re able to see what’s happening within any area of your business at any time which not only helps your business run more effectively and efficiently but it also helps you make better informed decisions which will ultimately keep it growing and scaling at every opportunity.

In addition to this, NetSuite is also the #1 Cloud ERP because of how customizable it has been for businesses. Although NetSuite is built with workflows, automations and features that are meant to streamline the way you run business, NetSuite was also built with the understanding that every business is different. This is why it comes with the capabilities to be customized.

With customizations as well as the option to integrate apps that are pertinent to your business, NetSuite gives you the hands-on software you need to feel confident that you and your employees have a good hold on everything happening within your business.

Who is it for?

Like Ekwani, NetSuite has worked with many different industries. From small to mid-market and big enterprise businesses, some industries that use NetSuite include:

  • 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

Because of their extensive expertise and dedicated research into these particular departments, the NetSuite ERP system comes with intricate features that specifically compliment these industries. With pre-loaded government risks to take into account as well as compliance outlines, NetSuite can help make sure your business is always staying on the good side of the tracks.

What does it cost?

Similar to its unique understanding of your business needs, NetSuite’s cost is also unique to the needs of your business. Depending on your certain processes, features you may need or any configurations you may request, the price of the NetSuite ERP system can differ from one company to another.

What’s best in these instances, is to hire companies (like Ekwani) to take an intensive look at your business so that they can see what’s working for your business, what isn’t as well as what can work better so that you can get a clear understanding of what features you need as well as what features you’re able to skip out on. This will help ensure that you’re only paying for things your business actually needs.

What departments is it for?

When we mentioned that ERP gives you a complete overview of your business as well as efficient and effective ways to run it, we meant it! NetSuite’s ERP system has features that can work directly with many departments within your business. These departments include:

  • Accounting

  • Finance

  • Customer Service/CRM

  • Inventory Management

  • Human Resources

And with the capabilities to assign restrictions to different departments, you’re able to make sure that employees only have access to things they need to see.

What makes it different?

NetSuite comes with so many features and benefits that we know it can be overwhelming at first glance but the main thing we want you to take away from this is that personalization is the thing that makes NetSuite different! Not only does it understand the needs and rules of your industry but it also holds the flexibility to accommodate the specific needs of your business no matter the size. And with flexibility like this, it means you're able to have an ERP system that not only serves you but serves your customers from A to Z - and while you’re scaling!

Interested in learning more about NetSuite or have more questions? Reach out to us today and let’s get you the information you’re looking for!

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