Monday, September 14, 2020

Is NetSuite ERP The Right Choice for Global Business Management?

Enterprises seeking business expansion across the globe can meet their objectives via extensive Oracle NetSuite ERPSolution OneWorld. This software suite is specifically orchestrated to addresses the critical multi-national and multi-company issues of global organizations. With this robust software suite, business administrators can adjust for currency, taxation, and legal compliance differences without the least impediments.  

Salient Features:

  • ·         It offers indirect tax compliance to help businesses gain greater transparency, automation, control, and more simplified operations.
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  • ·         Financial and Accounting Regulations along with indirect tax management and reporting capabilities to help businesses expand without much hassle.
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  • ·         Configurable Tax Engine that covers pre-configured tax codes for almost over 50 countries.
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  • ·         Comprehensive Currency Management to support globally acclaimed currencies and offer a variety of payment options to the customers.
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  • ·         Compliance reporting, electronic audit, and built-in analytics to enable business administrators to make better and well-informed plans.



Oracle NetSuite Services offers Global E-commerce Capabilities:

 

B2C Commerce

·         E-commerce businesses can deliver engaging shopping experiences and brand their business efficiently. In such a case, connecting with ingenious NetSuite Solution Providers can help make the most of SuiteCommerce. This inventively engineered e-commerce cloud-native solution helps businesses drive conversions. Also, it helps grow businesses with capabilities like alternate images, quick views, product comparisons, and reviews, and wish lists.

 

·         E-commerce businesses can connect shoppers to products in an effective search merchandising strategy. Powerful site searches, combined with faceted navigation helps ensure that shoppers find the products they need instantly.

·         For global expansion, businesses can leverage the core capabilities of NetSuite e-commerce solutions. It helps boost engagement, loyalty, and sales with flexible discounts and promotion options. Moreover, it allows business administrators and brand enthusiasts to share content across different social networks and provide product reviews as well.

 

·         With a persistent cart and a streamlined checkout, shoppers can complete their orders easily. Also, e-commerce businesses can offer different payment options to customers including credit cards, promo codes, and gift cards.

 

·         With the deployment of extensive NetSuite solutions, businesses can accelerate the time to market as well as exceed customer expectations. Moreover, with SuiteSuccess for SuiteCommerce, businesses can see their site up and running within a month or less.  

 

B2B Commerce

·         Administrators can consult with acclaimed NetSuite Service Providers to avail of the robust tools required to streamline the buying process, including routine, repeat, and bulk ordering capabilities. Inventive e-commerce solution helps integrate the supply side with the buy-side through integration with varying entities within a single platform.

 

·         With extensive e-commerce capabilities offered by NetSuite solutions, one can witness the automatic conversion of online orders into invoices with workflow management of approval, fulfillment, and billing.

 

·         Business administrators can deliver their customers their own negotiated prices, terms, and credit limits. Particularly, it enables buyers to submit a Request for Quote on the website and convert the quote to online order.  

 

·         B2B businesses can witness automated and expedited billing process as this scalable software suite allows buyers to review and manage payments online. One can offer B2B payment methods like invoice billing, credit limits, and ACH processing as well. Buyers can view summaries of outstanding and available balances, deposits, credit memos, terms associated with accounts, examine all invoices. Moreover, customers with an existing account have the advantage of making full or partial payments against single or multiple invoices.

 

·         It offers self-service support to the buyers as well as empowers the team to exceed customer needs with detailed case management, efficient returns, and tracking for field services. With such inventive capabilities, businesses can improve engagement and client satisfaction by allowing customers to submit questions or support queries.

 

Services Resource Planning

Astute NetSuite partners can help businesses avail of extensive NetSuite SRP that supports an entire services business. It covers Customer Relationship Management (CRM), Professional Services Automation (PSA), accounting/Enterprise Resource Planning (ERP), and delivers support for bid-to-bill lifecycle with a powerful Software-as-a-Service (SaaS) suite. This extensive services resource planning helps global businesses complete projects more quickly, generate invoices accurately, and minimize accounts receivable cycles to improve cash flow. Moreover, administrators can gain complete real-time visibility into and control over the entire business as well.

 

On a conclusive note, leveraging robust capabilities via acclaimed service provider partners can help you gain a competitive advantage, drive substantial business growth, retain greater productivity in the long run.

 

To steer unprecedented growth via NetSuite Services, send an email at info@inoday.com

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