4 Reasons Fast-Growing Businesses Choose NetSuite
It is a great feeling when things fit perfectly, from the clothes we wear to a significant other or the cup holder in your car! But what about achieving a perfect fit with the software you need to run your growing business? The right software fit can be the key factor to growing and thriving versus just surviving. In many cases, finding the right software fit for your business can be like trying to piece together a 1,000-piece jigsaw puzzle, but with the right cloud-based ERP it can be as simple as aligning few pieces or in maybe just one piece! When growing companies discover that they have outgrown their software, and it no longer fits their growing needs, it’s time to look for a new, modern cloud-based ERP like NetSuite.
NetSuite helps growing companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory management and more. By using NetSuite, growing companies automate operations, streamline processes and access real-time business information anytime, anywhere, and as a result realise breakthrough performance improvements.
With everything that a growing company has on its plate, the last thing they need is an accounting system that stands in their way as they scale the business. For companies that use NetSuite, our data shows that they grow faster, on average 17% faster than companies that don’t use NetSuite! Empirically speaking, NetSuite is an enabler of growth.
1. Ready Today for Growth Tomorrow
With over 16,000 customers in 203 countries and dependent territories, supporting 27 languages and over 190 currencies, NetSuite is the platform for growth. Over 50 companies have gone public on NetSuite in the last five years. NetSuite has a dedicated group of professionals whose priority is to support and help customers through any stage of growth.
2. Secure, Compliant, Scalable, Flexible
Now more challenging and important than ever, governance, risk and compliance (GRC) processes and capabilities need to be embedded within core ERP software, IT infrastructure and organisational culture. Effective GRC is a continuous journey that requires discipline in both business and IT management and needs to flexibly evolve as new requirements emerge.
NetSuite is committed to helping customers achieve GRC objectives by delivering audit-ready financial solutions and robust IT controls to run more transparent, compliant and risk-savvy organisations. Companies that leverage NetSuite for their GRC needs will reap the rewards of higher business performance, while substantially mitigating the risks of non-compliance that can undermine revenue, brand image and prospects for continued growth.
3. Clarity of Business Performance Anywhere, Anytime on Any Device
NetSuite’s intelligent cloud suite delivers the insight, predictability and automation which businesses require in order to grow. Through a unified data model, NetSuite makes business intelligence (BI) available to all users across the entire business spectrum. NetSuite
role-based dashboards show key information, such as KPIs and trends in context—without business users needing to rely on experts or move between different systems. Users can instantly get the information they need whether speaking with a customer, processing an order, looking at demand, scheduling a project or creating a PO. Or if deeper data is needed, users can easily drill down into details.
The best predictor of company success is linking strategy to key business drivers. Leveraging NetSuite’s reporting capabilities ensures that the execution of each company’s strategy can be a reality. Deriving key metrics can be an intensive, resource-draining process with a manual approach, but it’s streamlined in NetSuite. All of the data and metrics exist in NetSuite’s unified data model, which provides easy access any time, any place on any device in a seamless and efficient manner.
4. A Financial Solution and a Cloud-Based Business
Management Platform NetSuite is engineered to scale with businesses as they grow. In turn, this allows entrepreneurs to focus on what they do best and react to new market opportunities swiftly and confidently. From advanced financials to supply chain management to billing and beyond, NetSuite ERP gives companies the tools they need to accelerate growth and drive innovation. For example, Sage is an accounting system requiring a host of integrated applications to offer some of what the NetSuite ERP provides right out of the box. Start with best-in-class accounting software, then layer in other capabilities as needed.
Regardless of the industry, fast-growing companies need a system that is scalable by design and engineered for rapid growth. Whether a business is experiencing rapid domestic growth, expanding internationally or preparing for an IPO, it must be able to adapt to the dynamics of the marketplace. To achieve this adaptability, fast-growing companies turn to NetSuite to streamline financial and business processes, allowing for sustained growth. With NetSuite, you can grow your business with a solution that fits your growth needs at every step of the way.