A versatile and adaptable Enterprise Resource Planning platform, NetSuite serves a broad range of industry-specific needs and integrates easily with other applications.
By allowing all aspects of your business to be controlled from a single Enterprise Resource Planning (ERP) platform, NetSuite keeps the data flowing seamlessly throughout the entire company. This not only supports better decision-making, but it also reduces the need for disconnected software systems, spreadsheets and manual processes.
For specific industries, NetSuite offers functionalities that address companies’ needs, solves their technology pain points and helps them future-proof their operations. Leveraging the experience it has gained by supporting over 34,000 customers in 217 countries and territories, NetSuite provides the tools these organizations need to be able to run their businesses more efficiently.
And if your company is already using one or more popular third-party applications like Salesforce, Shopify, WooCommerce or HubSpot, there’s no need to rip-and-replace those systems just because you’re implementing NetSuite. The ERP “plays well with others” and, as such, provides integrations to a wide range of third-party applications.
For example, NetSuite Connector lets you set up data-mapping between the ERP and your existing ecommerce storefronts, point of sale (POS) systems, online marketplaces and third-party logistics providers. By automating the transfer of data, NetSuite keeps your vital information centralized. This eliminates the need for manual data entry, reduces costly errors and delays, and cuts down on the number of processes managed with spreadsheets, email and phone calls.
Once in place, NetSuite’s integrations provide benefits like:
- Improved inventory management
- Easier tracking of items across multiple locations
- More precise inventory cycle counts
- Automated order management
- Faster, streamlined order processing
- Automatic sending of orders to third-party logistics (3PL) providers, vendors or other distribution locations
- Automated order management
- Simplified accounting
- The automation of repetitive tasks like transaction recording and payables management
- A single source of truth that the entire organization can depend on
- The list goes on…
All Companies Benefit from NetSuite
A scalable foundation for growing companies across a wide range of industries, NetSuite is a versatile solution that manages end-to-end operations. It also integrates well with other software applications to provide a complete solution to all of your enterprise software needs. Here are some of the sectors that NetSuite caters to with industry-specific capabilities:
Construction
Because NetSuite automates estimating, invoicing, scheduling and other construction-related tasks, it gives organizations the power to streamline their operations, eliminate manual processes, lower labor costs and improve end-to-end project visibility. The ERP also helps construction firms stay compliant with labor and safety laws, and avoid hefty penalties and fines.
Financial Services
With NetSuite, financial services firms can leverage a solution designed to meet increasing regulatory compliance demands, ensure high levels of operational controls and manage global operations and multi-subsidiary locations with ease and efficiency. Some of the industry-specific capabilities NetSuite offers this industry vertical include (but aren’t limited to) real-time financial reports; comprehensive financial management; integrated budgeting and forecasting; customer relationship management; and revenue management. With NetSuite in place, financial services firms also get more streamlined period closing; bank matching and reconciliations; and financial segmentation processes.
Food and Beverage
NetSuite drives innovation in the food and beverage sector—from order management, inventory control, manufacturing and financials to supply chain management, billing and beyond. The leading solution of choice for inventory and order management, ecommerce, financials and CRM, NetSuite is used by a wide range of global food and beverage companies.
Manufacturing
NetSuite’s cloud manufacturing software offers a complete solution that benefits the entire organization. NetSuite's cloud business management solutions provide the foundation manufacturing companies need to streamline critical business processes. By automating the entire product lifecycle management and quote-to-cash and plan-to-report processes, NetSuite helps manufacturers eliminate spreadsheets, reduce errors, reduce the time-to-market for new products and improve order processing efficiency.
Staffing and Recruitment
NetSuite can help staffing and recruitment firms gain efficiencies by automating many of the tasks involved in the recruitment process (i.e., candidate sourcing, interviewing and screening. This frees up the firm’s staff to be able to focus on more strategic tasks, like developing relationships with clients and candidates. The ERP also provides a single source of truth for all recruitment-related data and cuts costs by eliminating the need for manual processes and spreadsheets.
Software & Technology Companies
A top choice for technology companies, NetSuite helps these growing organizations unlock and manage growth with a robust back-office system that addresses today’s challenges while providing a critical foundation for the future. NetSuite uniquely understands the challenges facing hyper-growth software companies, and has itself grown from startup to software industry leader with an annual revenue run rate of over half a billion (and all while running on its own ERP platform). NetSuite also helps software companies automate the management of subscriptions, billing and recurring revenues.
Wholesale Distribution
Wholesale distributors must adapt to rapid and significant change and stay agile in order to remain competitive. Using NetSuite, distributors can run their businesses on a single, unified platform, reducing IT costs and gaining comprehensive, real-time visibility across their organizations. NetSuite also helps distributors optimize their inventory, leverage demand planning, integrate with their trading partners via EDI, and manage their supply chains.
Putting the Power of ERP in Your Company’s Hands
NetSuite helps organizations across most industry sectors manage costs, improve profitability, leverage more efficient accounting processes, streamline order management, eliminate manual reporting and enhance overall business productivity. Born in the cloud and updated twice yearly in the background—with no IT intervention required—NetSuite puts the massive power of ERP in your company’s hands quickly, and all while significantly lowering your total cost of ownership.