The Path to Sustained Business Success
Business success today means being able to do several things at once: like streamlining operations and protecting profits, while building resilience. To multitask this way, you need an accurate, real-time view of your business and finances.
This is the visibility that NetSuite cloud ERP makes possible. And as well as helping you drive down costs and boost profitability, it future proofs your business, scaling as you grow. It’s value that translates into ROI numbers – and builds a more productive workplace.
100% of surveyed NetSuite OneWorld customers confirmed that they have saved more than 6 days per month producing consolidated financials.
Source: TechValidateWith NetSuite, we no longer have to work around the flaws of our bookkeeping system as we grow our operations. NetSuite gives us more flexibility and visibility, and that allows us to focus on profitability while remaining lean and efficient as an organisation. NetSuite does everything that we need it to.”
Shaun Perkins, Group Financial Director, Audioboom
Resources and Content
Got Goals? This Metrics Framework Gets You There
The Objective and Key Results (OKR) framework is a proven way to turn ambitions into results. Our Business Guide explains the benefits of OKRs, how they work and what best practice looks like.
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The CFO's Quick Guide to Choosing the Right ERP
Investing in an ERP system can make a world of difference for CFOs. Find the signs that it’s time for an upgraded business system, the top benefits of a new system for finance heads, and what to ask vendors in this insightful quick guide.
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ERP Requirements Checklist
Save time choosing your ERP system — and avoid the costly mistake of choosing the wrong system — using this quick and easy checklist.
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The ROI of ERP Systems
There’s no question that an ERP can deliver value by creating a single platform for core business functions and data. If you’re building an ERP business case, this article will help you put a number on that value.
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Building a Successful ERP Implementation Team
An ERP system can eliminate many paper- or spreadsheet-based processes because it provides a unified set of business process tools and a single database with information from across the business that everyone uses. To prevent an ERP implementation from dragging on or even failing, it’s critical to build a good ERP implementation team.
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Complete Guide to Cloud ERP Implementation
Although implementing cloud ERP requires careful planning, execution, and follow-up, we can still fit the 7 stages onto 2 pages. Our short guide explains what’s involved.
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The full picture
With cloud ERP, all your business and financial data can be accessed in one place, in real time. This visibility gives you the insights you need to continuously adapt your business so you can sustain growth. Organisations that adopt ERP at an early stage realise its benefits, such as lower costs, more quickly.
Value you can demonstrate
If you’re championing ERP, you’ll need buy-in from C-level stakeholders, which means being able to demonstrate the return on your organisation’s investment. By agreeing core metrics and KPIs, you can track the gains – such as faster processes or reduced administrative costs – and measure them against ERP costs to show tangible ROI.
Proven solution
There are good reasons why NetSuite has 36,000+ customers in over 200 countries. Designed to flex and scale with your needs, it helps you to see the metrics that matter and automate processes organisation-wide, whether you’re in one country or have offices and operations around the world.
ERP TCO: Calculate the Total Cost of Ownership
Understanding the total cost of ownership (TCO) of your cloud ERP system will enable you to track its value over time.
ERP TCO comprises three broad segments — purchasing costs, implementation costs and ongoing costs (also known as carrying costs) — but there are several subcategories to consider as part of overall TCO. These include:
Compared to on-premises ERP, cloud-based ERP systems usually lower TCO by simplifying processes for implementation, maintenance, and updates. Because cloud-based ERP vendors host, maintain, and upgrade the system, hardware and networking infrastructure purchases are removed from the equation. For the same reason, cloud systems also simplify implementation and maintenance of the system, requiring fewer resources and further reducing cost.
How to quantify the ROI of ERP
As we have expanded our operations, we found a need to streamline our processes and move away from manual tasks to get the insights our teams require to continue our success. NetSuite will help us reduce these time-consuming activities by centralising data and helping us increase automation across finance, buying, merchandising, warehouse, supply chain, and customer service.”
Thomas Brooke, Head of IT, Oliver Bonas
