What is NetSuite?

Companies use cloud technology for enterprise resource planning, NetSuite provides solutions to suit the needs of businesses of all sizes, from Fortune 5000 companies to smaller start-ups. NetSuite products help businesses manage everything from email marketing campaigns to human resources to billing and invoicing. Businesses use NetSuite to streamline their operations and function day-to-day by having all integrations and applications in one convenient location.

NetSuite has global capabilities with NetSuite OneWorld solutions or general help with NetSuite OpenAir solutions. Businesses can use NetSuite SuitePeople solutions for human resources management and NetSuite SuiteCommerce integrations for e-commerce.

Advantages and Disadvantages of NetSuite Products

NetSuite Cost

While NetSuite does have a cost to use their software, that cost can scale according to the size of the business. NetSuite has three tiers of software that they offer for businesses of varying sizes.

• Businesses with less than ten users will utilize the Limited Edition tier
• Businesses with less than one thousand users will utilize the Mid-Market Edition tier
• Businesses with more than one thousand users will utilize the Enterprise Edition tier

A monthly subscription has a base cost of $999 per month, but the advantage of utilizing NetSuite is that it has all of the services a business needs in one location instead of businesses needing to purchase separate software for multiple services such as accounting, inventory, and HR. If a business requires additional services, then those NetSuite features are available for purchase as needed.

NetSuite Users

Small businesses can use NetSuite products to simplify their accounting processes, providing all the financial figures a business could need for daily operations including information about sales orders, inventory, or invoicing. This system makes it easier for businesses to access information about customers, vendors, and inventory; SuiteCommerce integrations provide e-commerce convenience.

NetSuite may not be ideal for very specific industries such as local governments or education, and NetSuite does not offer an on premise ERP because of its innovative remote hosting facility. However, for the majority of businesses without specific needs, NetSuite has options available.

Security

NetSuite understands that data security is a priority for businesses in the digital era. NetSuite takes security within their software seriously, and their secure cloud technology ensures that your data is protected from physical damage as well as malicious virtual damage.

Custom Integration

The NetSuite SuiteCloud is a great option for businesses that would like to include their specific applications in their software integrations. Businesses can integrate their applications into the NetSuite SuiteCloud platform to maintain the convenience of having daily operations in the same place.

Find Solutions

With Chetu, NetSuite experts work with businesses to design and implement their complete NetSuite solutions. Chetu offers NetSuite Oneworld solutions for international business operation simplification as well as NetSuite Openair solutions to provide professional services automation software for businesses’ entire services organization. Chetu offers NetSuite SuitePeople solutions to simplify businesses’ HR systems including payroll, scheduling, and hiring. Whatever needs a business may have, Chetu can offer complete NetSuite Solutions.

Blog source link: https://chetupartnerships.wordpress.com/2020/09/07/netsuite-solutions-simplifying-business-operations-through-the-cloud/