Jayel Cloud

NetSuite ERP

The Benefits of Cloud-Based ERP: How NetSuite Can Improve Your Business Operations

Enterprise resource planning (ERP) systems are essential tools for managing a wide range of business operations, including financials, customer relationship management, inventory, and e-commerce. However, traditional ERP systems can be costly and difficult to maintain. That’s where cloud-based ERP systems like NetSuite come in. Here are some of the key benefits of using a cloud-based ERP system like NetSuite to improve your business operations:

 

  1. Real-Time Access to Data

One of the biggest advantages of using a cloud-based ERP system like NetSuite is that it provides real-time access to data. With NetSuite, you can access up-to-date information about your financials, inventory, and customer data from anywhere with an internet connection. This means you can make informed decisions quickly, without having to wait for data to be updated.

 

For example, if a customer calls to check on the status of an order, you can quickly pull up their account information in NetSuite and provide them with accurate information about their order. Or if you need to make a decision about inventory levels, you can access real-time inventory data to make an informed decision.

 

  1. Scalability

Another advantage of using a cloud-based ERP system like NetSuite is that it is highly scalable. With traditional ERP systems, adding new users or features can be time-consuming and costly. With NetSuite, however, you can quickly and easily add new users, features, and modules as your business grows.

 

For example, if you need to add a new sales team to your organization, you can quickly create new user accounts in NetSuite and provide them with access to the data and functionality they need. Or if you need to add a new e-commerce channel, you can quickly set up a new storefront in NetSuite.

 

  1. Lower Costs

Using a cloud-based ERP system like NetSuite can also be more cost-effective than traditional ERP systems. With traditional ERP systems, you typically need to purchase and maintain expensive hardware and software, and you may need to hire IT staff to manage the system. With NetSuite, however, you pay a monthly subscription fee that includes access to the software, hardware, and support services you need.

 

This can be particularly beneficial for small and medium-sized businesses that may not have the budget or resources to invest in traditional ERP systems. With NetSuite, you can get the same functionality and features as larger organizations, without the same level of investment.

 

  1. Flexibility

Cloud-based ERP systems like NetSuite are also highly flexible. With NetSuite, you can customize the system to meet your specific business needs, adding custom fields, forms, and workflows as needed. This means you can tailor the system to fit your unique business processes and workflows, rather than having to conform to a rigid system.

 

For example, if you have a unique process for managing customer data, you can create custom fields and forms in NetSuite to track that data. Or if you have a unique sales process, you can create custom workflows in NetSuite to automate tasks and streamline the process.

 

  1. Security

Finally, using a cloud-based ERP system like NetSuite can also be more secure than traditional ERP systems. With NetSuite, your data is stored in secure, offsite data centers that are managed by NetSuite’s team of security experts. This means you don’t have to worry about maintaining your own hardware and software security systems, and you can be confident that your data is protected from cyber threats.

 

In conclusion, cloud-based ERP systems like NetSuite offer a wide range of benefits that can help improve your business operations. By providing real-time access to data, scalability, lower costs, flexibility, and security, NetSuite can help you streamline your business processes, make informed decisions, and stay competitive in today’s fast-paced business environment. With its cloud-based architecture and comprehensive suite of features and functionality, NetSuite is an ideal solution for businesses of all sizes and industries.

 

Whether you’re looking to improve your financial management, customer relationship management, inventory management, or e-commerce capabilities, NetSuite implementation can help. By providing a single, unified system for managing all aspects of your business operations, NetSuite can help you improve efficiency, reduce costs, and drive growth.

 

If you’re interested in learning more about how NetSuite can benefit your business, there are many resources available online. You can also reach out to us at Jayel Cloud to schedule a demo or speak with a representative.

 

In conclusion, if you’re looking for a powerful, flexible, and cost-effective solution for managing your business operations, NetSuite is an excellent choice. By leveraging the benefits of cloud-based ERP, you can improve your productivity, streamline your processes, and stay ahead of the competition. So why wait? Start exploring the possibilities of NetSuite today and take your business to the next level! Talk to our NetSuite implementation consultants today.

When is the Best Time to Upgrade Your ERP Software?

When is the Best Time to Upgrade Your ERP Software?

Enterprise resource planning (ERP) software is a critical component of any business’s digital infrastructure. It is designed to streamline internal processes and provide valuable insights into the performance of the organization. As technology advances and business needs change, it may become necessary to upgrade to a newer version of the software. In this article, we will explore the factors to consider when determining the best time to upgrade the ERP software for your business.

 

What is ERP Software?

ERP software is a type of computer software that is used to automate and integrate the processes of a business. It is designed to help streamline operations, increase efficiency and provide real-time insights into the performance of the organization. ERP software is commonly used in large enterprises and can be used to manage a variety of processes such as financials, inventory, supply chain, customer relationship management, human resources and more.

 

Benefits of Upgrading ERP Software

Upgrading to a newer version of ERP software can provide a range of benefits for businesses. It can help improve efficiency, reduce costs and improve customer service. Upgrading ERP software can also allow for improved scalability, increased data security and more comprehensive reporting capabilities. Additionally, newer versions of ERP software often include new features and capabilities that may not be available in older versions.

 

When To Upgrade ERP Software

Determining when to upgrade ERP software can be a difficult decision. However, there are a few key factors to consider when making this decision. First, consider the age of the current version of the software and whether it is still supported by the vendor. Additionally, take into account the current needs of the business, as well as any expected changes in the near future. Finally, consider any new features or capabilities that may be available in newer versions of the software.

 

Costs of Upgrading ERP Software

The cost of upgrading ERP software can vary depending on the size of the organization and the complexity of the current system. Generally speaking, the cost of upgrading ERP software includes the cost of the new software, any necessary hardware or infrastructure upgrades, and the cost of any professional services required for the installation and integration of the system. Additionally, businesses may incur ongoing costs associated with ongoing support and maintenance of the system.

 

Upgrading ERP software can be a critical step in helping businesses achieve their digital transformation goals. It can provide a range of benefits, including improved efficiency, cost savings and improved customer service. However, it is important to consider a range of factors when determining when to upgrade the software, as well as the associated costs. By weighing these factors, businesses can ensure that they make the best possible decision for their organization.

 

If you are planning to upgrade your ERP software to Oracle NetSuite, our NetSuite implementation partners can help. Contact us today.

NetSuite Partners

5 Compelling Benefits of Using a Netsuite Partner

With its ability to address the continually changing needs of a business, Netsuite is one of the best cloud-based enterprise resource planning systems available today. However, failure to implement and configure Netsuite properly, can mean that your business doesn’t get the best out of it.

 

Netsuite has a variety of powerful features that when customized successfully, can elevate a business. For the best results, it pays to work with an experienced Netsuite partner, who can implement they entire system according to your exact needs. With several to choose from, working with a Netsuite partner could help you reap the following 5 benefits:

 

  1. Less risk

Working with a Netsuite partner significantly reduces the risk of having to change solutions at a later date because it wasn’t implemented properly, and wasn’t working as effectively for you as it should. The knowledge and training of a partner enables them to analyze your business processes effectively, and gives you the opportunity to leverage all of Netsuite’s many features and functions.

 

With the help of a partner, you can also come up with a successful formula for migrating large amounts of data to a new ERP system, eliminating the risk of data being lost.

 

  1. Expertise

Risk reduction is a significant factor for many small businesses, and because a Netsuite partner has sound knowledge of best practices and developments in technology, they can help you plan and implement solutions that will meet the exact requirements of your business. Specializing in ERP software and implementations, a partner team will ensure that you get the very best out of Netsuite, with a tailored service that you can really depend on.

 

  1. Longevity

By helping you get a solution that is precisely tailored to your businesses needs, partners can ensure that you get the very best out of your Netsuite investment, and for many years to come. As your company expands and its need diversify, a partner will also provide optimization services and extra configuration to keep you in line with all of your company’s projections.

 

  1. Fantastic ROI

With Netsuite supported by a partner, you get a long-term solution that keeps on giving back the longer you use it, and with a team of experts on your side, you’ll get a successful ERP system and avoid making potentially costly mistakes that might undermine your implementation projects.

 

  1. Optimization

By reviewing your existing Netsuite configuration and looking for any ways in which efficiency can be improved upon and maximized, partners can help you save money, get rid of unnecessary features that aren’t tailored to your existing needs, and identify features that have untapped potential.

For bigger companies, their customization needs are often greater than those of newer, smaller businesses, and this is largely down to the volume of data amassed over the years and business processes that have grown as the business has grown. With an ERP system that is well-configured and consistently optimized, everyone’s lives are made easier, right down to the employees.

 

Getting the most out of an investment is high on the list of priorities for most businesses, large or small, and after investing in Netsuite, it simply makes good business sense to work with a partner that can help you maximize your investment.

NetSuite solutions Logo

6 Ways Your Small Business Could Benefit from Netsuite

Did you know that a whopping 99% of all businesses in the United States are small ones? Employing as much as half of the workforce, small businesses are vital for the country’s economy, but to keep themselves afloat and thriving, they must have the right tools and resources at their disposal.

 

This is where Netsuite can help. If your small business is in its early formation stages, you could benefit from Netsuite in a variety of ways.

 

What is Netsuite?

Providing a suite of business applications such as accounting, customer relationship management (CRM) and e-commerce, Netsuite is a cloud based software company helping small businesses manage their functional requirements. Thanks to its affordability and accessibility, it is extremely popular among small businesses, and users can choose the features and modules they require, helping to keep the cost down.

 

With a free trial available and a selection of pricing plans for every budget, Netsuite is a more affordable option than traditional software, and arguably more effective.

 

How can small businesses benefit from Netsuite?

It’s not easy setting up a business and keeping it running smoothly, especially if you’re a first time entrepreneur, and there are many things you need to learn and adapt to for the business to be a success. Fortunately, learning how to run a business and keep it going is made easier with the help of enterprise resource planning systems, such as Netsuite.

 

Still not convinced? Here are 6 compelling ways your small business could benefit from Netsuite:

  1. All processes are unified

Critical business processes are far easier to handle when they’re all in one place, and because Netsuite offers integration with a variety of third-party software providers, all of your data can be centralized across every department.

 

  1. It’s cloud-based

Data stored in the cloud can be accessed from anywhere, at any time, and because Netsuite software is cloud-based, you can get a hold of your data whenever you need to, from wherever you need to.

 

  1. Netsuite is customizable

The dashboards you work with can all be customized with Netsuite technology, allowing you to highlight information as and when you need to. Being able to easily access data can alert you to any problems that may be arising, or already risen, and give you the power to make more informed decision about your business.

 

  1. It’s scalable

Many small businesses struggle when the software they choose to work with isn’t able to grow as they grow, but with Netsuite, it can be scaled up to almost any size you need, as and when you need it.

 

  1. Added security

Companies of all sizes have fallen victim to data security breaches, and while it can be hard to prevent this from ever happening, Netsuite and its sturdy security measures give your data as much protection as possible.

 

  1. Affordable

Because Netsuite allows you to select and be charged only for those modules you want to use, many small businesses find it to be an affordable option in comparison to other available software.

 

If you’d like to help your small business get ahead of its competitors and stay there, you should consider trialling Netsuite and see how many more advantages than those listed above, you could benefit from.

Customer Relationship Management

How Netsuite Consulting Services Can Help Customer Relations

Let’s face it, businesses are nothing without customers, and while a poor customer experience on a couple of occasions might not hit your company particularly hard, give them a consistently poor negative experience and you may never achieve the success that you believe you deserve.

 

One way of ensuring that customers have a positive experience when dealing with you or your company as a whole, is to implement a sound customer relationship management system (CRM). Without one, there may be gaps in customer data that cause you to lose out on the opportunity to optimize leads.

 

If your business still uses outdated spreadsheets, disjointed systems and applications that do nothing but waste time, you could be missing out on vital information that can help you close more deals. Here’s how a NetSuite consulting service could help you improve on customer relations, and ultimately, improve your bottom line:

 

A NetSuite consulting service can give you a clearer idea of CRM capabilities

With the help of a NetSuite CRM consultant, you can get a much clearer picture of what your system actually has to offer, such as a seamless flow of information throughout the entire lifecycle of each customer, and make each sale ultra-efficient.

 

Manually making your way through reams of data, creating reports and trying to understand how technology can benefit your business goals, is time consuming and stressful. Why not have a NetSuite CRM consultant do all of this (and more) for you, giving you the time to devote to other, equally important aspects of running a business that you may previously have been too busy to take care of.

 

NetSuite consulting services enable you to engage with customers swiftly and simply

As already mentioned, business are nothing without their customers, and only when you learn to engage with them on a deeper level, will you ever be able to build long-lasting trust and loyalty. However, knowing what it takes to unlock the true value of each customer relationship isn’t always easy, and that’s where a NetSuite consulting service comes in. By helping you to automate workflows, streamline your business and keep your sales processes on track, a consultant can sweat the small stuff, while you focus your energies on – well, whatever you choose!

 

Align your processes with NetSuite consulting services

Most CRM systems simply aren’t designed to fit the precise needs of every business, and as such, getting the best out of them isn’t always straightforward. Your business likely has specific processes that need specific solutions, and no matter how complicated your business may be, your CRM should always reflect this.

 

By consulting with you and helping to create a customized CRM solution that allows you to effectively engage with customers, enhance operations and empower the entire team, your business can grow, as technology grows.

 

A NetSuite consulting service gives you the power to connect deeply with customers

With endless data to track, analyze and report on, managing customer relations can be tricky, complex and time consuming; ultimately, this aspect of your business may begin to suffer as you are forced to devote your limited time to other equally important processes. With a NetSuite CRM consultant, however, they can help make the entire process less complex and longwinded, which in turn, enables you to eliminate errors and convert more leads into sales.

 

NetSuite alone is rarely enough to help you attract and retain a loyal customer following, but with the help of NetSuite consulting services, you can not only draw customers in, but keep them coming back for more, time and time again.