As technology continues to progress, businesses, irrespective of the size, are adopting cloud ERP thanks to its reliability, cost, access, and speed. Simply put, cloud ERP offers all the functionality businesses need without the infrastructure requirements of an on-premise system. A ComputerWeekly survey showed that 53% of IT decision-makers considered cloud-ERP a priority in addition to CRM. With benefits such as reduced process time, centralized data storage, and increased collaboration, businesses allot up to 30% of their IT budget towards various cloud solutions. Some of the key players in the cloud segment include NetSuite, Microsoft, SAP, and Amazon.
NetSuite, offered by Oracle, focuses on streamlining mission-critical processes. Built for small and midsized businesses, NetSuite ERP supports growth with built-in business intelligence that provides real-time insights to improve customer service, reduce supply chain cost, and automate financial functions. Offered as a SaaS model, NetSuite is predominantly used to manage inventory, maintain CRM systems, host e-commerce stores, track financials, and other critical business processes.
NetSuite offers a range of solutions as part of its offering. They include:
To learn more about the advantages of NetSuite’s Cloud ERP software for your business, contact Kompete.
Kompete Business Solutions, headquartered in New Jersey, has over 12 years of experience enabling intelligent solutions for Small and Midsize Businesses. We specialize in addressing transformational needs with proven experience in manufacturing, retail, and fashion, non-profit, e-commerce, and other professional services, and we are very excited about Oracle NetSuite, the full-featured, cost-effective ERP that helps businesses run smarter and faster.