What Is NetSuite? Everything You Need to Know

By DonklePhant Last updated Aug 22, 2020

No matter how managerial you are, without the right organizing tools, your company may be not be doing what it needs to stay competitive.

Whether you are the owner of an e-commerce store or the manager of an international portfolio, it’s time to level up! And the best way is with NetSuite.

If you are curious about what NetSuite is, check out this handy guide to learn more, and learn how to optimize your portfolio.

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NetSuite Enterprise Resource Planning

Since 1998, NetSuite has boasted itself as the premier enterprise resource planning tool around. But what, exactly, is ERP?

Enterprise resource planning (ERP) refers to a cloud-based service that empowers companies to manage all the fundamental business processes with a single system. Muscular, yet flexible, a NetSuite login will grant you access to functionality across many industries.

Who is it for? Here is just a sampling of who can benefit from Netsuite.

Healthcare
Manufacturing
Retail
Education
Wholesale Distribution
NonProfit
Food and Beverage
Consulting
Education
Transportation & Logistics
Financial Services
Plus many others

Genuinely interdisciplinary, NetSuite provides industry-specific support. But, what exactly does NetSuite service include?

NetSuite Services

With thousands of clients across over 200 countries, NetSuite’s internet-based business services integrate the most vital processes of any company. The NetSuite status is based entirely on what you need.

1) CRM

Customer relations management (CRM) is a critical engine for gaining and nurturing leads. Despite the slew of major players in this field, NetSuite’s CRM is built for lead conversion. From automated outreach marketing to order and financial management to renewals, NetSuite’s CRM streamlines the lead to cash process.

2) Ecommerce

NetSuite’s e-commerce integrations allow you to run everything in your e-commerce store on just this one platform. From the marketing funnel to hosting for your web store to product inventory management, NetSuite provides all the functionality your online store needs.

Integrate NetSuite with every aspect of your e-commerce business, including financials and inventory. Optimize how your online store operates and make the experience seamless for your customers.

3) Financial Consolidation

Manage your subsidiaries with NetSuite’s One World platform. Gain immediate access to the financial performance of all of your subsidiaries across the world, manage workflow, and monitor the depreciation of each companies assets in real-time.

View historical accounting modules at a glance and streamline your subsidiaries across any currency. NetSuite’s One World allows you to optimize your international portfolio.

Your next best step? Start a NetSuite trial as soon as your ready.

The Best Part

One of the best parts of NetSuite pricing? No hardware or software maintenance fees. Add to this an uncomplicated setup, intuitive interfaces across all industry platforms, and world-class customer support, and you have the most flexible business platform around.

Whether you have a small online retail shop or an international transportation logistics company, there is a NetSuite program for you. If you are large or a startup with growth in mind, the platform can handle the complexities that come with scaling.