Few NetSuite clients take advantage of the full range of NetSuite’s out-of-the-box features, built-in processes, native dashboards and standard reports. Beyond the basic setup of NetSuite, there are endless possibilities with integration and automation, extension with add-on apps and business intelligence and analytics.

In my experience working with midsize NetSuite clients, I’d consider the following to be a list of some of common issues:

No significant value added outside Accounting: Despite having the best Cloud ERP, these organizations still struggle to experience all the benefits of NetSuite in other departments outside Accounting.

Many financial and operational inefficiencies still exist: Operational teams have a low utilization of NetSuite. Most of their work is still performed on homegrown, non-integrated software, and reporting is mainly done in MS Excel.

The process automation expected is not there: Business teams are still dealing with a lot of time-consuming, manual tasks, and the accounting team still runs a time-consuming, manual reconciliation process each month.

Constantly spending money and time to fix NetSuite: More cash and time is going towards fixing NetSuite bugs and broken backend processes instead of applying those resources to activities that actually generate revenue.

Does this sounds like your company?

Let me show you why your company is having these issues despite running the best Cloud ERP in the market.

From a purely technical point of view, NetSuite is the most robust, comprehensive, scalable, user friendly and customizable ERP in the market. That’s just one part of the reason why they close thousands of customers each year, and that number is growing exponentially.

That said, the cost of a NetSuite license is not cheap, and it will keep increasing as it grows in functionality and becomes globally adopted by more Enterprise clients.

Regardless of whether NetSuite ERP serves your company well, you will still have to pay the full cost of obtaining a license in order to fully access the platform. 

It is up to you to build your return on investment. As far as NetSuite is concerned, your company is a successful NetSuite client.

When you fail to seize the true benefits of NetSuite for your company, you are leaving a significant amount of money on the table.

Here are the 3 most important benefits you should seek to maximize from your NetSuite application:

Measuring and reporting your company’s performance

Gaining efficiency with business process automation

Building and sharing knowledge across your organization

1. How well is your company leveraging the real-time KPI dashboard and reporting capabilities of NetSuite?

With the right expertise, your NetSuite Administrator can help customize and optimize your user dashboards.

By doing so, your organization will be able to gain clearer insight, make more data-driven decisions, and closely track project performance and resource utilization. 

Along the way, you will be able to eliminate time-consuming processes like spreadsheet-based reporting, allowing you to allocate more resources toward devising new strategies based on the analytics piped into the personalized role-based dashboards. 

2. How well is your company leveraging NetSuite’s process automation tools to help streamline and optimize other business processes?

The automation enabled by SuiteScript can significantly increase your organization’s productivity, helping you rapidly deploy new solutions to help tackle your industry’s evolving needs.

It’s to your advantage to make sure your team’s talent profile includes experts who can capitalize on the powerful customization possibilities of SuiteFlow and SuiteScript.

3. Do you feel your NetSuite users could use a little more help to run the application more effectively?

Given the sheer range of functions and customizable features available in NetSuite, extensive documentation on your business’s processes and customizations is crucial in ensuring that your team works consistently and effectively.

It is also critical for business teams to engage with up-to-date training materials to ensure they’re effectively using the system, which helps further guarantee the integrity of the information they contribute.

Additionally, it’s equally important to have an IT staff that can adequately support your NetSuite platform.

The success of any ERP or CRM implementation hinges on the ability of users to adopt the unique processes and industry-leading practices built within the system.

While NetSuite comes with the ability to be customized and to integrate with a diverse array of business app and analytics tools, your ability to leverage those capabilities depends entirely on the expertise and creativity of your internal NetSuite team.

Unfortunately, it’s unlikely your average, typical NetSuite Administrator has such an extensive expertise and all-encompassing skillset. At the end of the day, it’s simply not cost-effective to hire a team of full-time NetSuite admins whose skills encompass all the areas mentioned above.

OdeCloud provides a turnkey and affordable solution to help its clients uncover the potential of their NetSuite platform — a one-stop, NetSuite Managed Service team of NetSuite experts for a fixed monthly fee.

We would love to meet you to better understand how we might help.

Latest from OdeBlog

• A Voice from the Shadows: Vanielle Lee’s Journey to Inspire Women in Tech
• My Journey to Founding OdeCloud: A Personal Perspective
• Leadership Insights from OdeCloud CTO and Co-Founder, Vanielle Lee
• Leadership Insights for Startup Success – From IC to CTO
• Thinking about Independent Consulting? OdeCloud vs. Anderson Frank & the likes

The post OdeCloud Netsuite Services: How to Unlock Netsuite for Your Company appeared first on OdeBlog.

View Meetup Presentation

Last time, Chong Ee from Okta, presented a way to approve or reject approval requests from NetSuite workflow by replying to an email. Josh presented a NetSuite health checklist that any NetSuite Admin should always have handy to ensure correct use of NetSuite.

Last session was hosted by Dave McCutcheon and his team from Tesorio. I met with them 2 years ago, before Tesorio embarked on the NetSuite journey with its Built-for-NetSuite solution. It’s great to see their evolution and success. You should definitely check them out if your company’s cash flow management needs optimization.

I hope we’ll see you at the next one.

[maxbutton id=”1″ url=”https://www.meetup.com/San-Francisco-Bay-Area-Silicon-Valley-NetSuite-User-Group/?action=join” text=”Join this meetup group” ]

Cheers!

Osar

The post SF/ Bay Area NetSuite User Group Meetup, Hosted By ODE Cloud appeared first on OdeBlog.

Why is that?

Simply put, limits of these applications have been put to test with real life business challenges that weren’t part of the scope when initially implemented. They have managed to find creative ways to draw every piece of value they can get from the software out-of-the-box.

I am extremely proud to join Josh Meiri (Director Business Systems at Zscaler) in his passion for bringing NetSuite customers together to hangout for a few drinks and bites, creating a fun environment in which everyone is free to share their latest tips, tricks and discoveries about the NetSuite platform.

For those who are unfamiliar, NetSuite is a scalable cloud-based Enterprise Resource Planning (ERP) software designed for medium and large companies. It can be used to track inventory, keep track of financials, host eCommerce, and more.

In the last NetSuite User Group meetup in our offices in San Francisco, I presented the NetSuite dashboard we built for Customer Service Supervisors at NutriBullet, as well as some creative ways to leverage this out-of-the-box solution.

I co-presented with Dean Dighe (Business Analyst/ NetSuite Admin at NutriBullet). Dean discovered the power of NetSuite dashboard during the Customer Service NetSuite implementation, which led him to take another project on his own to create the product’s 360 degree dashboards — a formulation of imagination and creativity.

In addition, Josh joined us to present a proof of concept on how to send SMS’s from NetSuite Workflows (using Twilio). In our next meetup, we will touch base on the email plugin from NetSuite, commonly used to allow users to approve (or reject) a purchase order or vendor bill by replying to an email notification.

As you can see, we showed quite a few ways to optimize NetSuite ERP very quickly and effectively.

Subscribe to our blog to learn more about upcoming sessions.

Cheers!

Osar

[contact-form-7 id=”1588″ title=”Contact form 2_Subscribe to Blog”]

The post New Ways To Improve Your NetSuite Experience appeared first on OdeBlog.