Oracle NetSuite ERP is the world’s most deployed cloud-based enterprise resource planning software. Traditionally, ERP software was used to manage, optimize, and automate key operations of a business. ERP software also leveraged the technology to make the processes more result-oriented. But, NetSuite ERP has taken a leap forward in ERP solutions by using cloud computing as the foundational block of their solution. This has enabled NetSuite to push the boundaries of its ERP capabilities, thus empowering businesses by making them more tech-enabled using the cloud.
https://www.advaiya.com/
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Implementing oracle net suite erp for business agility and resilience
1. Implementing Oracle NetSuite ERP for business agility and
resilience
The current crisis has hit some companies more than others. The worst affected are the
SMBs which have not invested in the digitization of their processes. As a result, they
were the ones who suffered most as the operational costs kept on increasing and eating
away the profit margins. As the SMBs are the backbone of any economy, the overall
effect is a shrinking economy, which is not suitable for anyone. Only SMBs to thrive are
the ones who understood the true value of digital transformation. Those who did not
think that the digital transformation investments will reap much more significant benefits
in the future ended up performing poorly in data management, visibility, storage issues,
maintenance costs, etc. Even with the established processes for operational
efficiencies, businesses tend to struggle when the operations scale-up in the absence of
the right technologies supporting the key functions.
Prior to this year, every business had mainly three priorities: Retaining old customers,
gaining new customers, and reducing operational costs, thereby increasing revenue and
profitability.
Now there is an added priority for businesses that encompasses and effects all the
three priorities discussed above: being agile and resilient in the face of uncertainty. This
blog post will give you a glimpse of how your business can be agile, resilient, and more
profitable using the Oracle NetSuite ERP.
Oracle NetSuite ERP is the world’s most deployed cloud-based enterprise resource
planning software. Traditionally, ERP software was used to manage, optimize, and
automate key operations of a business. ERP software also leveraged the technology to
make the processes more result-oriented. But, NetSuite ERP has taken a leap forward
in ERP solutions by using cloud computing as the foundational block of their solution.
This has enabled NetSuite to push the boundaries of its ERP capabilities, thus
empowering businesses by making them more tech-enabled using the cloud.
Here is how Oracle NetSuite ERP can make your business agile,
resilient, and future-proof:
2. Supporting and optimizing all business functions – Oracle NetSuite has been
developed and re-developed over the years, based on the real and hardcore business
scenarios and requirements. As a business owner, you can ensure seamless operations
and increased productivity in critical business areas such as finance and accounts,
order management, production management, supply chain, marketing, e-commerce,
sales, warehouse and fulfillment, procurement, HR, and more.
Automating tasks – NetSuite ERP enables you to focus on productive work by
automating redundant and repetitive non-productive tasks. Therefore, it reduces manual
tasks and multiple data entries, resulting in reduced human errors. It also solves
accessibility issues by saving all the data on the cloud, which empowers an
organization’s users to access the needed data anywhere, anytime, and on any device.
With NetSuite ERP process automation, your managers can focus on the priority tasks
that require human intelligence, experience, and judgment, instead of wasting time on
redundant, repetitive tasks.
Providing a 360-degree view of the organization – NetSuite ERP implementation
provides you with a 360-degree view of your operations and the overall business.
Having excellent visibility of your business, you can easily make better and faster real-
time decisions. It also enhances the transparency as each department can see other
department’s performance and communicate with them in real-time.
Data security, compliance, and control – NetSuite ERP provides unparalleled data
security and safety using its advanced security features that allow only authorized
business users to access the data they need to see. As the data is stored in the cloud,
NetSuite ERP is designed to withstand natural calamities and have several backups
ready in case of an emergency. As a business owner or manager, you have full control
over your data regarding accessibility and authorization.
Real-time reporting and analytics – One of the astonishing features of Oracle
NetSuite ERP is the real-time reporting and analytics, with which you can have real-time
data for all the processes of your business. You can easily gain a competitive
advantage by using the information and insights provided through the customized
dashboards.
Overall, Oracle NetSuite Cloud ERP supports scalability, reduces costs, drive business
decisions, disaster recovery and business continuity, centralized solution for the entire
business, and accessibility from any location.
We have expertise in envisioning, implementing, and integrating ERP solutions.
Contact us by filling the form below for Oracle NetSuite
implementation and integration.