Secure your future success with NetSuite

Common questions asked about NetSuite

• What is NetSuite ERP software used for?

  Businesses use NetSuite to run their operations key financial processes including accounting, inventory management and supply chain to account and order management. NetSuite also enables eCommerce, supports omnichannel retail activities, helps you maintain and develop customer relationships (CRM), manages end-to-end manufacturing processes, and professional services automation (PSA).  

• Is NetSuite a SaaS?

  Yes, NetSuite is a leading SaaS (Software as a Service) ERP. SaaS software (sometimes called on-demand software) uses a subscription model for software licensing and delivery.

• How does NetSuite help reduce back-office costs and overheads?

  According to Nucleus Research, moving your business from a technology environment which uses disparate legacy and custom accounting systems to NetSuite’s central accounting system, can speed up your financial close times by 20%-50%. And when you automate those manual, repetitive and often low-return business processes, you can make better use of your resources, and improve their productivity. With streamlined processes, you can grow and handle more work just as efficiently without adding further employees. So your administrative and operational costs go down.   

• How does NetSuite software improve inventory management planning?

  NetSuite’s Advanced Inventory Management tracks items, ingredients and parts across their acquisition, age and sale (for products like perishable goods). It provides real-time insights into stock levels and re-order point tracking; issues hands-free alerts when inventory is running too low or too high; tracks assets and the cost of service materials; includes product and inventory identification; automates demand forecasting; and reports on your top inventory management metrics.

  With complete clarity of all stock and orders, it’s easier to manage and optimise your entire supply chain.

• Does NetSuite ERP provide accounting software?

  Yes, NetSuite ERP includes accounting as one of its core business processes.

• Is NetSuite customisable to meet specific business needs?

  Regarded as one of the world’s most tailored and scalable ERPs, NetSuite has built over 20 years of implementation into their platform that allows you to start with the modules you need for your industry and then develop it as your company develops. Intuitive software that allows for user control to meet your business processes and desired best practices.