The year 2020 has brought a lot of uncertainty, and businesses across every industry have felt the impact. Reliability and flexibility are two critical characteristics of a business management system in times like these, and NetSuite checks both of those boxes.
It boasts an average uptime of 99.99%, and NetSuite’s 31,000+ customers across the globe are all running on the same version with the highest level of security. As a cloud-based technology, there is no version lock or on-premise IT maintenance requirements, and customers can access all files and data from anywhere in the world with an internet connection. It offers end-to-end visibility, comprehensive reporting and forecasting capabilities, and much more.
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NetSuite also has a modular design that enables customers to scale up or down as needed. Because all NetSuite modules share the same data pool, they can be turned on and off depending on the changing business requirements. This flexibility has helped its customers work from home and pivot to meet the needs of the end customer and their strategic partners. As an example, several of our customers have changed from a strictly B2B business to direct-to-consumer, or they started manufacturing PPP materials like masks and other items in addition to their regular products. NetSuite helped to power their digital transformation.
Additionally, domestic and international supply chains were disrupted this year, but NetSuite OneWorld customers with multinational and multi-subsidiary operations were better positioned to pivot as required. This module is deployed in more than 217 countries, it supports 27 different languages, offers multi-currency management features for nearly 200 currencies and exchange rates, and much more. It is natively integrated with all other NetSuite products (including ecommerce), and it helps make an already robust system more robust.
Diversifying supply chains, exploring new international partnerships, and thinking on a global scale are all possible with NetSuite.
Let us know if you have any questions about NetSuite or if you are interested in a free consultation.