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4 Things to Know About Getting Started in NetSuite

Posted by ManageForce | 1/26/18 9:46 AM

NetSuite is packed with value and provides the system capabilities that all companies need to manage their financial, operational and sales activities, and its use of innovative technology allows companies to gain efficiencies and automation like never before. If you’ve made the leap to cloud ERP and invested in the market-leading system called NetSuite, but you may be overwhelmed with what to do next.

There are a few things that you need to know in order to optimize NetSuite, streamline your business processes, manage IT costs, and improve employee productivity. Below, we’ve outlined the 4 things that you need to know about getting started in NetSuite in order for your organization to get the full value out of your NetSuite investment.

SuiteApps

With NetSuite’s versatile architecture, many options can be utilized to provide key business automation; for example, the use of SuiteApps. SuiteApps, which are third party applications that have been built on NetSuite’s SuiteCloud platform and are NetSuite certified, (meaning they’ve demonstrated compliance with documented best practices for architecture, development, privacy, and security), are seamlessly integrated with your NetSuite ERP. SuiteApps work as an extension of NetSuite to enhance business operations that are essential to success in your specific industry and are tailored for your unique business needs. For example, do you use NetSuite to run your manufacturing floor? Do you need continuous documentation and automatic checks on financial controls? There’s an app for that.

Customized Reporting Needs

As analytics arguably plays the most valuable role in the modern business and is crucial to making critical business decisions, you’ll need to have a complete understanding of NetSuite’s robust reporting capabilities. In addition to SuiteApps, NetSuite has the capability to customize reporting needs without the use of a third party application. With NetSuite, users get real-time reporting through the use of personalized dashboards and an easy-to-use report builder.  NetSuite customers can also get access to their data anytime, anywhere via their mobile devices.

Increase User Adoption

User adoption is of pivotal importance when implementing any new technology in your organization, especially an ERP due to its impact on all areas of your business. In order for your NetSuite environment to facilitate sustained change, employees at all levels of the organization need to have a deep understanding of the coming benefits and move past the initial adoption hesitation. Company-wide adoption of NetSuite is also vital to increasing overall employee productivity so it’s of utmost importance that business owners make time for training. A comprehensive and thorough training process will turn your employees into NetSuite advocates and will ensure that the platform is used appropriately in the future.

Support

You might’ve assumed that NetSuite needs minimal support because it runs in the cloud―and although that would be nice, it’s not the case for your NetSuite instance. In order to fully optimize your NetSuite environment and increase user adoption, you need to make sure you have the right strategy, resources, and support plan in place. Simply configuring NetSuite and getting it to work won’t allow you to leverage all of the features it has in place and allow your organization to gain a competitive advantage.

If you’re interested in learning more about how the right support option for NetSuite can allow you to get the most out of your investment, check out our eBook titled, The Definitive Guide  to Supporting NetSuite: A comprehensive review of the 5 most common support paths in order to help you thrive with your NetSuite instance, for more information on supporting NetSuite before implementation throughout go-live.

Definitive Guide to Supporting NetSuite

 

And be sure to check out our on-demand webinar with iCharts―a top-rated SuiteApp―to see a demo of their latest offering, Finance IQ, and to learn about different approaches to finance metrics and how the right analytics tool can help you focus on the financial metrics that matter.

iCharts Finance IQ webinar

Ready to speak with an expert? Schedule a free 15-minute consultation with the experienced ManageForce NetSuite experts and start taking advantage of all that NetSuite has to offer today.

 

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Topics: Managed Services, Cloud, ERP, NetSuite

Written by ManageForce

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