Every business has its own characteristics, and might call for a special Accounting & Finance Software solution that will be fit for their business size, type of customers and employees and even individual niche they cater to. The big idea is not to implementing a new ERP, but implementing technology and process solutions that help meet and exceed your business goals.
NetSuite ERP is a complete, scalable cloud based ERP solution targeted at high-growing business and enterprises. It automates front- and back-office processes including: financial management, revenue management, fixed assets, order management, billing, and inventory management.
As a business house, you should have a clear strategy for a phased roll-out of NetSuite’s full capacity as a “Cloud Business Management Software Suite” ERP, CRM, eCommerce, Payroll, Fixed Assets, Inventory, manufacturing and others. And after this, the most important this to success of any system, is only as good as the people that operate and administer it. Because actual users will ultimately own this mission critical system, and without the required level of expertise, which can only be gained from working with the system, the integrity of the financial records may come into question.
I have created few points important as:
- Complete NetSuite knowledge
- Dedicated resources
- Extensive finance transformation experience
- Understanding of financial management and reporting
I will also recommend to include a sandbox in your implementation budget so that you can setup a Prototype. Once all your your key members access the system to play around and getting to know what NetSuite can do will make the ERP success down the line. I will also recommend to make sure all users nominated cover all the transactions across the business.
The benefits of a well setup system operated by well trained staff would ultimately have so many benefits that users will without a shadow of a doubt experience this.