NetSuite Review

The advantages of an ERP system include many and can help your business grow. One major advantage is that it ensures departmental information from accounting to inventory management as well customer relations, giving every employee access in one place, so they work more efficiently together with their fellow co-workers or partners at any location around the world! To find out more about NetSuite, go through the slides in this deck.

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NetSuite Review

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  1. What is NetSuite? Full NetSuite Review 2021 - Details, Pricing, Features Etc. www.kanakinfosystems.com

  2. What is NetSuite? NetSuite is the one of the Enterprise Resource Planning (ERP) software from Oracle. It is a highly scalable ERP solution that is delivered over the web and offered as a cloud-based solution. NetSuite provides a single platform where one can streamline business process operations and automate key functional areas like: CRM, Inventory, Accounting, Finance, Billing, Order Management and E-Commerce, etc. www.kanakinfosystems.com

  3. Continue… NetSuite provides a suite of tools and customizable views of the company's Key Performance Indicators (KPI) to everyone from top-level management to clerical staff within the organization. NetSuite is targeted at mid-sized and large-sized businesses that have a huge team and lots of resources to manage. www.kanakinfosystems.com

  4. Continue… Since NetSuite is accessed online, businesses save a lot of upfront cost of development, customization, and integration of business automation software. NetSuite is being used by 25,000+ businesses in over 200+ countries. It is probably the first and the last business management solution that your business will ever need! www.kanakinfosystems.com

  5. Comprehensive list of NetSuite Features NetSuite offers everything that you can expect from an ERP Solution. It comprises interrelated modules that share a common database. Due to this connectivity, users can select only the specific modules that they wish to implement. Here is a detailed list of modules and features that NetSuite offers: Accounts Payable, Accounting, Accounts Receivable, Apparel Management, Business Intelligence, Business Management, Distribution, Enterprise Resource Planning, Financial Management, Financial Reporting, Inventory Control, Inventory Management, MRP, Manufacturing, Manufacturing Execution, Order Management, Project Management, Resource Management, Retail Management Systems, Supply Chain Management, Warehouse Management. www.kanakinfosystems.com

  6. Here is a Detailed List of Modules and Features that NetSuite offers: ACCOUNTS PAYABLE www.kanakinfosystems.com

  7. Continue… (List of Modules and Features that NetSuite offers.) ACCOUNTING www.kanakinfosystems.com

  8. Continue… (List of Modules and Features that NetSuite offers.) ACCOUNTS RECEIVABLE www.kanakinfosystems.com

  9. Continue… (List of Modules and Features that NetSuite offers.) APPAREL MANAGEMENT www.kanakinfosystems.com

  10. Continue… (List of Modules and Features that NetSuite offers.) BUSINESS INTELLIGENCE www.kanakinfosystems.com

  11. Continue… (List of Modules and Features that NetSuite offers.) BUSINESS MANAGEMENT www.kanakinfosystems.com

  12. Continue… (List of Modules and Features that NetSuite offers.) DISTRIBUTION www.kanakinfosystems.com

  13. Continue… (List of Modules and Features that NetSuite offers.) ENTERPRISE RESOURCE PLANNING www.kanakinfosystems.com

  14. Continue… (List of Modules and Features that NetSuite offers.) FINANCIAL MANAGEMENT www.kanakinfosystems.com

  15. Continue… (List of Modules and Features that NetSuite offers.) FINANCIAL REPORTING www.kanakinfosystems.com

  16. Continue… (List of Modules and Features that NetSuite offers.) INVENTORY CONTROL www.kanakinfosystems.com

  17. Continue… (List of Modules and Features that NetSuite offers.) INVENTORY MANAGEMENT www.kanakinfosystems.com

  18. Continue… (List of Modules and Features that NetSuite offers.) MRP www.kanakinfosystems.com

  19. Continue… (List of Modules and Features that NetSuite offers.) MANUFACTURING www.kanakinfosystems.com

  20. Continue… (List of Modules and Features that NetSuite offers.) MANUFACTURING EXECUTION www.kanakinfosystems.com

  21. Continue… (List of Modules and Features that NetSuite offers.) ORDER MANAGEMENT www.kanakinfosystems.com

  22. Continue… (List of Modules and Features that NetSuite offers.) PROJECT MANAGEMENT www.kanakinfosystems.com

  23. Continue… (List of Modules and Features that NetSuite offers.) RESOURCE MANAGEMENT www.kanakinfosystems.com

  24. Continue… (List of Modules and Features that NetSuite offers.) RETAIL MANAGEMENT SYSTEMS www.kanakinfosystems.com

  25. Continue… (List of Modules and Features that NetSuite offers.) SUPPLY CHAIN MANAGEMENT www.kanakinfosystems.com

  26. Continue… (List of Modules and Features that NetSuite offers.) WAREHOUSE MANAGEMENT www.kanakinfosystems.com

  27. Is Oracle NetSuite the Right Solution for you? Since NetSuite ERP is a complete ERP solution, it helps businesses of almost all sizes and industries.Any organization that wishes to achieve below mentioned things is an ideal candidate for using NetSuite as their ERP : www.kanakinfosystems.com

  28. Continue… Due to the scalable nature of NetSuite, small, mid-sized, and Enterprise businesses can manage their organization using NetSuite. It is the perfect ERP solution for B2B and B2C companies alike. Companies from various industries and verticals can opt for NetSuite implementation on their premises even if they are a multinational and multilingual company. However, small-sized businesses aren’t the most ideal organizations for using Oracle NetSuite. www.kanakinfosystems.com

  29. How NetSuite ERP Adds Value to an Organization? There are various ERPs available in the market that offer various features and at a cheaper price. Then, why should one choose to use the NetSuite software in their organization? Here are the main reasons why: www.kanakinfosystems.com

  30. 1. Crowned the World’s No. 1 Financial Management Solution Finance Management is the backbone of any organization and there is no better software for Accounting Management than NetSuite ERP. NetSuite accounting tools are used by thousands of companies to take care of their accounting needs, that include: www.kanakinfosystems.com

  31. Continue… Not only is this useful in itself, the accounting, management, seamlessly integrates with other tools such as Order Management, CRM, Inventory, and E-Commerce. This integration makes it a must-have tool to manage every aspect of a company's finance. www.kanakinfosystems.com

  32. 2. Data-Driven Decision-Making Oracle NetSuite has built-in business intelligence tools that are highly efficient and useful in helping the decision-making process. These Business Intelligence tools crunch data from various sources such as your finances, production, sales, etc. for the most accurate suggestions/predictions. www.kanakinfosystems.com

  33. 3. Data Security Unlike other tools that live on your system, NetSuite ERP runs on the cloud. Therefore, it is more resistant to hackers and offers greater data security. The possibility of a data breach is highly unlikely as the data is encrypted and accessible only by authorized personnel. NetSuite reviews from existing customers confirm that their data is very secure. www.kanakinfosystems.com

  34. 4. Highly Scalable NetSuite ERP has been in the ERP industry for a very long time and companies trust NetSuite for a reason - It is highly scalable. You would rarely be in a position where you wish to scale your business processes but are limited. NetSuite from the get-go is highly scalable and is efficient at it.  NetSuite solution providers such as Kanak Infosystems understand that businesses need to scale and hence provide NetSuite Consultation and NetSuite implementation accordingly. www.kanakinfosystems.com

  35. 5. Efficient and Error-Free Automation Processes Entering data manually into systems doesn't just slow down your operations, it is also a source of greater mistakes. NetSuite offers various modules to create seamless transitions between various business processes. Using NetSuite's management modules such as billing management, you can easily create an efficient workflow for your sales, finance, and fulfillment operation teams. Not only that, you can improve quote accuracy, reduce billing errors, automate invoicing, and reinforce revenue recognition. Similarly, you can use various modules that share the same database for creating an automation process that suits your requirements. www.kanakinfosystems.com

  36. 6. Optimize Employee Capabilities Oracle NetSuite's Human Capital Management enables you to understand the productivity levels of different employees. This allows you to create better roles and responsibilities for key people in your organization while reducing the management cost. Moreover, this module gathers data about the day-to-day functioning of your company to offer cost-effective solutions to create a motivated, diverse, and efficient workforce. www.kanakinfosystems.com

  37. 7. A One-Stop-Shop for All Requirements It covers almost all the areas of business management from Production to Customer and everything in between. From a single platform, you can govern and run an entire firm efficiently. With NetSuite, every aspect of your business can be tracked, managed, integrated, and optimized from a single tool. Not only that, the data from various touchpoints are accumulated into a single point allowing for greater control over the workings of your business. www.kanakinfosystems.com

  38. 8. Perform Advanced Tasks NetSuite ERP does way more than just basic housekeeping. It can deal with businesses in multiple countries, languages, subsidiaries, and currencies. On top of having support for different currencies, NetSuite can comply with various international accounting standards. No wonder it is ranked as the No. 1 Financial Management solution. Not only does NetSuite help you track your income and expenses, but it also facilitates advanced revenue recognition management. The number of advanced tasks that you can perform with NetSuite is endless and NetSuite developers are highly trained to gather any requirement and help you achieve what you want to do. www.kanakinfosystems.com

  39. 9. Pricing/Affordability NetSuite pricing system is tailored to each customer's specific requirements. The NetSuite pricing for a company depends on the use-cases, ERP Configurations, Add-Ons, No. of users, Contract Length among other factors. The NetSuite license has a subscription model which can be paid annually or at any other convenient interval. NetSuite also offers a free product tour in case you want to examine the features of the product before having a NetSuite login. You can also consult an official NetSuite partner such as Kanak Infosystems to help you. www.kanakinfosystems.com

  40. Where Does NetSuite ERP Lack? There are tons of advantages and benefits of using NetSuite software, but of course, nothing is perfect. NetSuite helps organizations all over the globe to achieve their goals, but there are a few shortcomings of this great ERP tool as well. Subscription Cost The entire NetSuite ERP software lives on the cloud and handles all your operations. As the number of users increases, the cost of their annual subscription also starts to increase too. Every penny spent on NetSuite is worth the Return on Investment, but the costs do keep growing over time. www.kanakinfosystems.com

  41. Sophisticated Customization Process Since NetSuite is a mammoth ERP, it has a lot of moving parts. To add customization on NetSuite requires constant support and maintenance from the NetSuite developer team as every customization is unique. Customizations do require a lot of effort from the NetSuite team, but they ensure that your business isn't burdened by it. Inability to Support Small Businesses NetSuite is targeted at medium-sized to large-sized businesses that are growing rapidly. But due to the no. of software features and size, it becomes unaffordable for small businesses and they are unable to take advantage of the ERP. www.kanakinfosystems.com

  42. How Kanak Infosystems helps with NetSuite Implementation. Having served multiple clients across the globe for more than 8 years, we have earned a stellar track record in NetSuite implementation. No matter the size, type, and nature of your business, our certified NetSuite professionals follow industry’s best practices for NetSuite ERP Implementation in your company. Kanak Infosystems is an official NetSuite implementation partner and so we follow the standard procedure of implementing NetSuite as follows: www.kanakinfosystems.com

  43. Continue… • Requirement Analysis: Understanding the company processes and possible implementation areas to boost productivity. • System Design:Planning, Designing, and configuring NetSuite before implementation. • Development: Experienced NetSuite professionals start developing an MVP of the solution. • Test Data Migration: Migrating existing data into NetSuite. www.kanakinfosystems.com

  44. Continue… • 5.Internal Testing: Our implementation expert starts using NetSuite to ensure all functionalities are working correctly. • 6. Training: Rigorous training is then provided to the actual user. • 7. Complete Data Migration: All data now migrated to NetSuite. • 8. Going Live: NetSuite successfully implemented in your company. • 9. Post Live Support: Our NetSuite expert will be available for providing support. www.kanakinfosystems.com

  45. Summary NetSuite is an industry-standard ERP solution that is loved by thousands of companies all over the globe. Getting started with NetSuite implementation for your organization isn’t a simple process and it is highly advisable to opt for a NetSuite solution provider to help you along the implementation journey as they have more experience. As NetSuite Partners, Kanak Infosystems provide a variety of NetSuite Services such as - NetSuite Consultation, NetSuite Integration, NetSuite Developer, NetSuite Implementation, etc. For any queries, you can reach us at sales@kanakinfosystems.com www.kanakinfosystems.com

  46. Contact Information Mailing Address: Unit no. 406, 5th Floor, Westend Mall, JanakPuri, New Delhi, Delhi - 110058 India Mobile No. +91 9818108884 Email Us sales@kanakinfosystems.com Follow Us On: Website www.kanakinfosystems.com

  47. Thank You !! www.kanakinfosystems.com

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