It's no secret that Oracle NetSuite stands out as the world's number one cloud-based enterprise management software, especially among up-and-coming startups.
But have you ever wondered why it's so highly valued by these innovative companies? In this post, we'll delve into the reasons that make NetSuite the ideal choice for startups seeking a robust and adaptable ERP system.
1. ERP for 100% Cloud startups
Adopted by up-and-coming companies, the Oracle-NetSuite It requires no installation or adaptation to work; all you need is web access and a browser.
Companies that are growing and have accelerated business models (startups) often have reduced budgets for investments that are not related to the company's "core business".
Therefore, it's not feasible for a growing company with limited budgets to invest in ERPs that require an infrastructure and technology team to maintain the system.
The IT departments of these companies are focused on the business, not on infrastructure management. To give you an idea, the client signs up electronically and within a few hours receives their access and environment created. Furthermore, on their first logins, they can configure the organizational structure with just a few clicks.
It's important to highlight that the larger and more complex the company, the longer the parameterization process will take. However, for companies that are in the growth phase and are more adaptable, the system offers standardization of various processes.
2. Faster NetSuite implementation at zero cost.
That's right! NetSuite has the best global management practices already implemented in the system. Therefore, since startups have a team that is experienced in technology, assisted implementations by Solution Provider partners, such as [company name], are very helpful. ActiveThey can leave at no cost to the customer.
In these models, the consulting firm teaches the procedure, helps with testing, and answers all the team's questions. Another important point is that the initial implementation phase is fully customizable, allowing the company to optimize the system according to its needs.
If you don't have a specialized team to participate in the implementation, there are several intermediate and advanced models available, where the client can choose whether they need more or less support.
3. NetSuite modules specifically designed for startups
In the Oracle-NetSuite universe, the shoemaker's children go barefoot! Just like the manufacturer, we, the... "Solution Provider" partnersWe also use the solutions.
After all, we are also service companies, we undertake projects, and we also have recurring revenue. Therefore, NetSuite is prepared to handle complex processes through specific modules that are already standard in the product, such as the recurring revenue module, the recurring contracts module, the projects module, advanced commission modules, as well as powerful workflow tools, portals (for clients, suppliers, and employees), among others.
Thus, we are able to meet the needs of a startup from start to finish with a single system.
4. ERP for startups with quick and unified view building.
The customer can create their own panels, KPIs, and dashboards. With Oracle-NetSuite, you can create tools by dragging and dropping them onto the screen and selecting what you need from the hundreds of pre-existing dashboards in the solution.
The best part: all this without needing a dedicated professional (consultant or programmer). A user who is proficient in Excel can easily build their own views in just a few steps.
5. ERP for startups focused on what matters: your business.
With Oracle-NetSuite, the whole process is very simple. Within a few hours of signing up, the environment is created and the client receives access via email.
Upon logging into the system, account settings are automatically initiated. The client only needs to worry about using the system.
Therefore, all updates and new versions are handled by Oracle. Amazing, isn't it? There are 2 versions per year, and you receive the updates automatically, respecting all the customizations made by the client.
6. NetSuite offers global management for ambitious startups.
Every startup must, by its very nature, be innovative, data-driven, scalable, and able to react quickly to market dynamics. NetSuite OneWorld offers a unified, global, real-time enterprise management platform for companies managing multinational operations and multiple subsidiaries at a fraction of the cost of traditional on-premise ERP solutions.
NetSuite OneWorld helps global companies improve operational efficiency by providing real-time visibility and consolidation, as well as the flexibility to customize the solution to meet the specific needs of parent companies and subsidiaries.
With multiple languages and currencies, Oracle-NetSuite already incorporates global best practices throughout the system.
7. NetSuite: a powerful development and workflow platform.
Every company has unique processes, and startups are no different. Therefore, rigid ERP systems cannot meet the demands of a company's growth.
Oracle NetSuite has a specific layer for developing new features, designed to absorb aggregated and obsolete solutions in a simple and transparent way for the other modules of the system.
This rule applies from the creation of workflows, simple or complex, to the creation of new modules and routines within the system.
8. SuiteSuccess: NetSuite accelerating the success of your startup.
NetSuite SuiteSuccess is a solution fully designed to manage all aspects of a business in a single system. Drawing on experience gained from two decades of work and tens of thousands of implementations worldwide, NetSuite SuiteSuccess offers a range of leading practices to quickly get your business up and running.
Value-driven KPIs, workflows, reports, and dashboards meet the daily and strategic needs of all key functions in your business from day one.
With SuiteSuccess, companies achieve faster value, greater efficiency and flexibility, and accelerate their success.
Are you ready to take your startup to the next level with Oracle NetSuite? Speak to Active now.Join the most experienced Oracle NetSuite consulting firm in Brazil and start enjoying these benefits immediately. Contact us!
Rodrigo Rezende Passos is the founder of Active, an angel investor, and a startup mentor.