How NetSuite Cloud ERP Can Save Your Time and Money
In today's fast paced world, time is money and something that saves time is considered to be even more precious than money itself as it would subsequently turn out to be saving more time which would equate to more money. One such application is NetSuite ERP which can save you both time and money. Let's see how.
What is NetSuite ERP?
NetSuite is a forerunner in cloud based Enterprise Resource Planning (ERP) systems. It is capable of integrating every part of your business (such as finances, inventory, shipping, HR etc) under one single platform to get the overall picture at a glance. Moreover, NetSuite goes beyond the usual features offered by a typical on-premise ERP solution to save you both time and money.
More Time Equates to More Business
Since NetSuite ERP runs on a cloud based platform, it offers all the benefits one can think of to be had of the cloud such as browser-based computing, automatic back-up of data, automatic upgrades of applications and security patches and zero maintenance of the servers at the company's end. Moreover, one can even have access to real-time data from anywhere at any time of the day just by using a device that is connected to the internet. Just think for a moment how much time would be saved by your IT backend team since they wouldn't be required to maintain and update the ERP systems manually from time to time. Instead they could use that time to think innovatively and contribute to the company's growth.
More Money Equates to More Growth
Because everything is on the cloud, NetSuite ERP is a tad way cheaper than many legacy ERP solutions and the added hardware and software costs. It equates to just one thing and that is cash liquidity in the company's balance sheet which could be better utilized for the growth of the company instead. For example, in case of a legacy ERP solution, one has to spend a hefty amount of money on servers, a large IT department and other infrastructural costs are involved. However, with NetSuite ERP you don't have to spend that kind of money. In fact you can just start off with a small sized company and then scale up the business as the requirements grow with time. This could be had of by paying a nominal monthly licensing fee to NetSuite.
To conclude, NetSuite ERP can save you both time and money and hence is an integral part of both small and large businesses alike to manage things better and keeping provisions open for future growth of the company. In essence, it features all the available options found in a legacy ERP solution and is way more advanced and feature rich when it comes to keeping a real-time track of the ongoing business deals under one roof. It's an amazing piece of cloud based ERP solution that would increase the efficiency of the business at hand by leaps and bounds and would go a long way in ensuring a smooth running of the business for a very long time.