How to Pick NetSuite Implementation Partner for Your Business?

Connecting with an astute Oracle NetSuite implementation partner helps an enterprise avail of business transformation consulting services and make the most of the adaptive technologies as well. However, the process of selecting the right implementation partner isn’t that easy as it may sound. A company has to spend days to be assured of their partner’s credibility, expertise, and delivery.

In such a dubious situation, following certain steps or methodologies can help you meet your NetSuite partner, who can help you scale your business to the next level.

It May Not Seem Easy-going But You Need To Explore:

·         Expertise— Consultants or Oracle NetSuite Implementation Partners dedicated to the implementation of NetSuite solutions hold a unique level of experience and deep industry expertise. Some of these partners have delivered over 50 guaranteed implementations. For a robust and successful ERP implementation, that kind of experience is a valuable resource. NetSuite ERPP implementations are usually large, complex, and vary with every company or business. Hence, their share of ups and downs and the years of experience in the field will help keep your implementation on track for sure.

ROI – A certified and acclaimed implementation partner will connect with the business processes closely to find ways for the NetSuite platform to improve them. Moreover, NetSuite cloud solutions are embedded with numerous pre-built modules and customizable possibilities. Hence, connecting with an experienced partner can help save time and ensure the optimal running of NetSuite configurations as well.

Proven Methodology – Above all expertise and experience, proven methodology counts the most. Experts, whether they are a NetSuite ERP Implementation Partner In India or other regions outside, experience, leverage a concrete process to take the NetSuite ERP implementation from start to finish reliably and diligently.

Reputation— As a business administrator, you need to take the time to ask around the community about partners you’re considering. Obviously, an ERP implementation is massive and comes with inherent risk. Hence, ascertaining the reputation of possible partners helps you make a trouble-free commitment.

Company Culture— Before you pick a NetSuite partner for your business, make sure their culture envisage satisfactory services that help you meet your business requirement. After all, you will be working with these people for weeks or perhaps even months. Hence, their culture should hold every possibility to become an extension of your team without a hitch.

Additionally, you must ensure there won’t be disruptive friction in the way of an optimal NetSuite cloud ERP implementation. Moreover, it would be an advantage if your implementation partner holds industry-specific experience on top of NetSuite-specific experience.

And, it just a step to connect with a certified NetSuite Implementation Partner!

Send an email at info@inoday.com.  

 

Know Everything About NetSuite Licensing

NetSuite License operates on a subscription-model and delivers powerful capabilities to help businesses pick an edition that fits in the best interest of the organization. As a business administrator, you need to follow the Oracle NetSuite Licensing Guide to comprehend the pricing levels and gain a competitive lead within your organization’s financial estimation.

NetSuite Licenses

Businesses can select from an array of different NetSuite licenses based on the size of the business, the number of customers and the type of unique modules orchestrated on NetSuite ERP solutions. Particularly, NetSuite offers four types of licensing rates that enterprises can choose based on their specifications, and most importantly budgets.

Moreover, NetSuite cloud ERP solutions are specifically engineered to support a multitude of industries and business models, and across all departments. Hence, it offers numerous pricing options to make the software affordable for all kinds of business organizations. Interestingly, startups as well as enterprise-sized organizations can make the most of such inventive and adaptive technologies without bearing a superfluous outlay.

Furthermore, NetSuite license pricing covers almost every segment, every industry. Whether it’s a small accounting team supporting an e-commerce venture, wholesale distribution business, or a global manufacturing company, NetSuite has a pricing & licensing package for all!  Recently, NetSuite for NPO licensing is in highlights as many of these organizations are planning to have streamlined operations serving a noble cause.   

NetSuite Licensing Edition

Businesses can pick a NetSuite Licensing Edition as per their business size and make the most of the extensively orchestrated cloud business solution to drive greater scalability and higher operational efficiency.

Small Business Edition: This NetSuite License is issued for small businesses requiring only one user access.

Limited Edition: You can pick this License if you have 1 to 10 NetSuite users to use it. Also, this is ideal for businesses with at least 50 people.

Mid-Market Edition: The Mid-Market version is best suited for businesses with 11 to 1000 users to access NetSuite.

 Enterprise Edition: The Enterprise Edition is engineered for organizations requiring access to NetSuite from more than 1000 users.

Particularly, all the NetSuite Editions include Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP). These essential functionalities can be extended further to enhance overall business performance as the company grows and expands.

To know more about NetSuite Licensing for your business, send an email at info@inoday.com

Get SuiteCommerce Advanced to Unify E-commerce with Core Business Operations

When it comes to manage e-commerce operations, many enterprises undergo number of challenges. To solve all those mission-critical issues and help streamline all the key functions, NetSuite has come with an inventive SuiteCommerce Advanced Implementation. Leveraging the core capabilities of this advanced e-commerce cloud-native solution, businesses can ensure substantial growth, maintain a massive clientele, and deliver unmatched customer services efficiently.

 Core Capabilities of NetSuite SuiteCommerce Advanced:

 Architecture

This extensive e-commerce solution is specifically engineered to build better experiences with a modern technology stack. It uses popular frameworks to supports industry standards and help businesses draw maximum benefits out of it. Here, one can consult with accredited and certified NetSuite SuiteCommerce Experts to understand the architecture closely and leverage its most profitable capabilities as and when required. Moreover, it e-commerce extension framework allows external web applications to interface with the core commerce platform that allows developers to deploy custom applications as well.

 

·        Layout

In e-commerce market, it is important to understand that brand is business. To build an effective brand-engagement, SuiteCommerce Advanced helps reflect it with pixel-perfect design capabilities and unlimited layout control. Experienced and acclaimed NetSuite SuiteCommerce Advanced Developers make it easy for shoppers to find, learn, and purchase the products with a host of intuitive features, including alternative images, product comparisons, faceted navigation, elastic site search, and shopping carts. Also, experts at SuiteCommerce Advanced implementation deliver responsive design themes to optimize the site for any device.

Order Management

With robust and guaranteed SuiteCommerceAdvanced Implementation, e-commerce businesses, whether B2B or B2C, can tailor each buying experience with customized pricing, terms and credit limits, and volume discounts. Also, you can offer different payment options including credit cards, coupons, gift cards, and invoicing. Moreover, it allows shoppers to check out both as a guest or registered user. The entire shopping experience is secure with HTTPS support. It is integrated to common payment gateways for real-time credit card processing with PCI DSS compliance, and multi-level fraud protection as well.

Global Support

You can run e-commerce business operation across the globe, in any region without any hassle by leveraging the elemental capabilities of NetSuite SuiteCommerce Advanced Implementation. It offers extensive support for multi-languages, multi-currency, taxes/ VAT entities, international shipping prices, and customs documentation. Also, it delivers easy consolidations and multi-subsidiary reporting to monitor all the key e-commerce operations from a single instance.

On a final note, to gain a competitive advantage and drive substantial business growth, leveraging the core capabilities along with choosing the right partner turns to be an intelligent move. An astute service provider partner can let businesses gain unmatched success, drive higher efficiency, and retain greater productivity in the long run.

For more details on NetSuite SuiteCommerce Advanced, send an email at info@inoday.com

What Do Businesses Get With SuiteSuccess Starter Edition?

 

To cater to small and mid-sized businesses, the inception of Oracle NetSuite SuiteSuccess has proven beneficial from all corners. However, NetSuite experts suggest picking NetSuite SuiteSuccess Starter Edition and comprehending its capabilities to make a well-educated decision in the future when the company grows and expands.

 

Let’s find what a business gets with SuiteSuccess Starter Edition

As far as the administration is concerned, NetSuite's Starter Edition enables the company to go-live quickly with whatever requirements are there for the day and drive scalability all on a fully integrated suite.

 

Some of its core capabilities include:

Financial Management

Finance Managers can make the most of NetSuiteSuiteSuccess Starter Edition’s Finance and Accounting capabilities to streamline and automate finance and accounting functions while scaling with the organization.

Lead to Quote

NetSuite SuiteSuccess helps improve liquidity, mitigate funding gaps, and realize higher profits. Also, you can ensure compliance via NetSuite's Accounts Payable solution, which automates the processing and payment of invoices. Moreover, NetSuite's integrated suite streamlines the Lead to Quote process within the stipulated time and helps you gain complete visibility across all the operations.

Order to Cash

This inventive cloud-native software solution is specifically orchestrated to facilitate seamless order entry. NetSuite SuiteSuccess Starter Edition is highly capable of scaling with the organization while enabling efficient order entry, item fulfillment, and invoice processing as well.

Procure to Pay

You can witness automated and streamlined procurement processes while driving visibility, efficiency, and effective purchasing controls within your business enterprise.

Item Management

Leveraging core capabilities of Oracle NetSuite SuiteSuccess Starter Editions helps you automate the warehouse management process and gain effective internal controls over procurement and sales processes.

Benefits

NetSuite SuiteSuccess offers a unique set of processes, activities, and systems specifically engineered to deliver value and effective business benefits right from the implementation day including:

Full Visibility—A 360-degree view of all the customers’ interactions and businesses in real-time, unifying data with visual analytics.

Pre-Configured Roles— Dashboards and business intelligence metrics to offer a source of truth, real-time transparency into company performance, allowing more time to focus on business acceleration.

Flexible Platform— Allows for customization as per industry and business needs and seamless integration with third-party applications.

Rapid ROI— Simplified maintenance eliminates the need for costly IT infrastructure and support. A cloud-based system stays always up-to-date and carry forward customizations automatically.

On a final note, to gain a competitive advantage and drive substantial business growth, leveraging the core capabilities along with choosing the right partner turns to be an intelligent move. An astute service provider partner can let businesses gain unmatched success, drive higher efficiency, and retain greater productivity in the long run.

 

To know more about NetSuite SuiteSuccess, you can send an email at info@inoday.com

Why NetSuite Is The Best ERP Solution For Your Business?

When your business starts growing and you look to expand to new locations, you must be wondering how to manage sales teams & channels. How to improve back-office efficiency? How to ensure high levels of service for customers? Furthermore, you also need to assess whether your existing business applications for accounting, sales, service and other functions will effectively support your growing business. Most of the businesses would have started with ad hoc, standalone applications that need to be upgraded to support continued growth. An integrated cloud solution like NetSuite can help you improve business performance while driving profitability. Available as true SaaS, NetSuite ERP not only handle one part of your business, like your financials and accounting or only the sales and CRM activity but bring together all core business functions (financial, revenue, fixed assets, order management, billing, inventory, CRM & ecommerce), enabling you to leverage the benefits of single-source data.

Single Source – If you’re using multiple systems, then users may still be forced to navigate multiple applications and data repositories of data for their everyday activities—slowing down processes and reducing the agility the company needs to grow. NetSuite brings everything on single repository i.e. ERP, CRM, HR, ecommerce, warehouse management, project management and customer service applications. Single repository for real-time reporting enables everyone to see a shared view of the business. 

Ownership Costs – Unlike On-premise ERP systems that require large upfront and ongoing investments to purchase and manage the software and the related hardware, servers, and facilities, NetSuite is available as SaaS (Software-as-a-Service). Initial costs are typically much lower as IT infrastructure is maintained by Oracle. With pay-as-you-go subscription model, you can make cash flow management and planning much easier.

System Upgrades and Enhancements – When you use legacy system/ on-premise ERP, customisations are tied to your current software deployment and are not easy to re-implement with future versions. When you update and enhance the product, your previously implemented customisations will be wiped out and you need to customize again. In NetSuite, product enhancements are rolled out painlessly to your solution without breaking your previously implemented customisations.

Integration Capabilities – NetSuite uses an open API that allows communication between other systems to import additional data, automatically update information from outside NetSuite, and more. So, you can integrate NetSuite with any-other industry-specific application.

How To Find Right NetSuite Consulting Service?

Before discussing this question, let us first discuss when you need NetSuite Consulting

1.       If You Don’t Have Resource Well-Versed In Netsuite Technology In Your Team – Though NetSuite is #1 Cloud ERP solution yet its success mainly depends on implementation. Since ERP implementation is a costly and time consuming affair, it is always recommended to hire professional NetSuite Consulting Company if you don’t have anyone well-versed in NetSuite technology. NetSuite-specific experience is a significant factor in determining the success of the implementation. If you’re not familiar with technology and opt for self-implementation, it can cost you time and money.

2.  If You Need Customization And Integration – If you’re single entity, doesn’t require anything out-of-box, no complex processes and no add-on modules or customizations required, then you can opt for Self-Implementation or NetSuite Direct. However, if you need out-of-box solution, customization and integration or you’re multiple locations, currencies, and languages, then you NetSuite Consulting Services or NetSuite Implementation Partners.

Top Tips to find right NetSuite Consulting Service –

Go Beyond Qualifications – Finding qualified as well as experienced NetSuite Implementation Partner is very important for the success of your project. If you’re opting for partner then frankly ask questions like how many projects they have completed successfully; whether they have worked in your industry or not; since how many years they have been into NetSuite ERP implementation, etc.

Cultural Fit With Your Team – Since no two company cultures are the same yet you need to select a group that will work with your employees in way that promotes smooth, productive, and complementary working relationship. You need to confirm whether they should follow your time zone and you will get dedicated POC (Point of Contact).

Seasoned Project Management Team – You need to verify whether would be partner have project managers who can manage expectations, connect with people, deliver on time and know how to control staffing.

Dedicate NetSuite Consultants – Choose NetSuite Consulting Company that provides dedicated consulting resourcing to your project. This will ensure someone knows your environment well, is reachable at any time and can optimize the environment based on lessons learned & the history of your account.

Someone Who Can Help You When You Grow – Always opt for NetSuite Consulting Partners who can optimize your business processes, help you scale up and supports you in resolving day to day issues.

Have Efficient Migration Methodology – If consulting firm can’t show you basic templates of their project plans, most common/basic UAT cases and migration templates then there is lack of methodology. Make sure consulting firm has efficient data migration methodology.

Why NetSuite Integration Is Important For Your Business?

No company wants to waste time manually imputing data from one software to another. When you integrate your systems with NetSuite, you’re automating processes. By integrating NetSuite with other systems in your business, you’re automating flow of data and information from one system to another, while eliminating manual work. Integration also streamlines communication between departments and business systems/ tools.

Top Netsuite Integrations That Can Help Your Business

Salesforce - Many companies use Salesforce to manage their sales, marketing, and customer service. And we all know that NetSuite is famous for its financial and accounting modules. When enterprises are using both platforms separately, then whole customer relationship data remains in a silo. Thus, users need to manually copy and paste data into accounting module. This manual approach is prone to a high number of errors and lots of wasted hours in correcting manually entered data. With NetSuite Salesforce Integration, Salesforce leads flow into NetSuite accounting automatically, ensuring effective sales management.

Magento – When you operate Magento and NetSuite separately, you aren’t getting the most value out of either platforms. NetSuite Magento Integration automates processes like online order fulfillment in your ERP, inventory count updates online, pricing updates, financial reporting, and much more. Integration reduces data processing times and costly mistakes like entering a shipping address incorrectly. Integration can be done point to point or using NetSuite Integration Connector.

HubSpot – is a marketing, sales, and customer service software that helps companies to create and run marketing campaigns. By integrating HubSpot with NetSuite, you can sales and marketing systems in sync by creating new leads or contact records automatically in NetSuite and putting valuable lead data in the hands of your sales team.

Comparing NetSuite Cloud ERP with On-Premise ERP

 

• 1.       On-premise ERP solutions are deployed locally at your own servers (your own company’s hardware is used) and are maintained by your IT staff. While Cloud ERP Solutions like NetSuite are hosted in Oracle Cloud and delivered as SaaS (Software-as-a-Service). With this type of deployment, a company's ERP software and its associated data are managed centrally (in the Internet "cloud") by the ERP vendor “Oracle”.

• 2.       Since you need to purchase the related hardware, servers, and facilities, On-premise ERP systems usually require large upfront costs. Furthermore, you need to invest in IT staff who ensures that your system is up-and-running when you need it. Initial costs are typically much lower in case of NetSuite Cloud ERP since you only require computer's internet connection to access it. All infrastructure is maintained by Oracle. They ensure that system is always running, data is secure, and product enhancements are rolled out painlessly without breaking your previously implemented customizations.

• 3.  In case of on-premise solution, customizations are tied to your current software deployment and are not easy to re-implement with future versions. Once the new product updates and enhancements are rolled out, your previously implemented customizations will be wiped out when you upgrade. However, in cloud ERP solutions like NetSuite, previously implemented customizations and integrations automatically carry forward when the solution is updated without additional investment.

• 4.  If there is a spike in your business, cloud ERP automatically adjusts and dynamically provisions additional resources to handle the surge. NetSuite commits to 99.5% availability for its customers, has 99.98% average uptime performance.

• 5.       Since NetSuite is available as SaaS (Software-as-a-Service), you don’t need to waste time in procuring and installing IT infrastructure. Cloud ERP deployments usually take 3-6 months compared to the 12 months that it typically takes to implement an on-premise solution.

Concluding Remarks

If you’re looking for Cloud-Based ERP Software Solution, then NetSuite is the best option available. As the leading NetSuite ERP Consultant, we can help you in licensing, implementation, customization, integration & support of ERP software.

How NetSuite Can Help In Streamlining Your Operations?

 If you’re a fast growing manufacturing business, you need an agile and flexible ERP solution that can keep up with innovation and globalization. You need a smart solution that can handle every aspect of your business, from warehouse management to inventory and financials. With Oracle NetSuite ERP Solution, you can automate key tasks, accelerate quote-to-cash cycles, improve visibility, inventory management, and productivity. NetSuite is built for manufacturing industry. Whether you’re a true manufacturer, an assemble-to-order business, or distributor with manufacturing requirements, NetSuite enables you to easily manage every aspect of your business.

With NetSuite, you can easily keep your entire business operation in sync. Leveraging scheduling capabilities, you can effectively plan your shop floor and supply chain activities while keeping operating costs in check. From Order to Cash through Build to Ship, you can manage your business more efficiently and more profitably. NetSuite also supports critical business processes like assembly management requirements, bill of materials, work order management, and barcoding procedures, etc.

Core features of NetSuite Manufacturing Modules

Work Order Management

1. ·         Create and manage bills of materials for work orders.
2. ·         Develop both standard and customized work orders for assembly builds.
3. ·         Automate stock and component replenishment based on demand and production status.

Work Centers & Routings

1. ·         Define resources and affiliated operating costs with work centers.
2. ·         Support complex, multi-step assembly processes with advanced routing.

Bills of Materials with Kits & Assemblies

1. ·         Utilize multi-level bills of materials (BOM).
2. ·         Leverage backing for just-in-time (JIT) manufacturing.
3. ·         Create serialized assemblies for serial and lot numbers.

Intelligent Inventory

1. ·         Track inventory and component levels throughout the business cycle.
2. ·         Use demand-based component replenishment to tailor production to demand.

Product Life Cycle Management

1. ·         Keep a complete history for each product assembly or kit.
2. ·         Allow warehouses to manage component levels and raw materials more efficiently.

Real-Time Manufacturing Dashboards

1. ·         Monitor metrics on bills of materials, assemblies, work orders, and finished goods.
2. ·         View key manufacturing performance indicators in a visual, user-friendly dashboard.

To witness robust, effective deployment, and greater return on investment with Oracle NetSuite ERP Solution, send an email at info@inoday.com