ERP - enterprise resource management system
The changes in the world bring with them changes in businesses. The management principles and rules nowadays are very different from what they used to be before. The overall digitalizing causes rapid information exchange that leads to quicker partner-client communication. Therefore, the management automatization becomes a necessity. It diminishes the probability of error, efficiently speeds up and facilitates the biggest part of work, but also helps to achieve economic stability and profitability of the enterprise.
One of the most successful resource management solutions in this field is NetSuite ERP. It belongs to the products of an American company NetSuite which is famous for its effective and flexible solutions, suitable for all kinds of enterprises. NetSuite offers its clients to store the necessary programs, data bases and applications on the NetSuite servers, without the necessity of installing them directly to the company servers. Thus both the software and hardware is provided by the cloud provider, leaving the client-company to pay only the utilisation expenses and develop its business as it sees fit.
As said before, NetSuite ERP solution has gained its popularity due to its effectiveness both for small and big enterprises as its flexibility allows NetSuite ERP to take into consideration all the company aspects regardless of its size.
For this purpose, different versions of the ERP solution have been developed and can be chosen according to the number of employees in a company:
- ➤ Limited Edition – 5-10 users;
- ➤ Market Edition – 10-200 users;
- ➤ Enterprise Edition – 200 – several thousand users and more.
Summary of the NetSuite ERP functions:
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NetSuite ERP software is able to solve problems not only for large companies and corporations, but it will be effective even when implemented in small individual enterprises, as it takes into account all aspects of building and running a business, regardless of its size.
NetSuite ERP is one of the first and so far the only system that works over the Internet, offering its users the most powerful tools for automation and business management. Continuous development and maintenance of this SOFTWARE provides users not only with timely corrections due to the requirements of the time, but also allows them to achieve high efficiency in the work of an enterprise of any level, instilling confidence in the future.
The implementation advantages of NetSuite ERP system:
NetSuite ERP is a cloud solution, which means that the unified data base is stored on the NetSuite highly productive servers. The advantage of this kind of solution is that the information in data base is available to any employee at any time from any place through Internet. At the same time all the changes or additions to the data becomes known and available to all users with access to the system. These users can only be the user-company employees to ensure that the information is safe from criminals.
This approach allows access to the data 24/7 which may be crucial for business operations. Besides the data and program placement on the NetSuite servers effectively speeds up the process of ERP implementation. As the whole program suite does not need to be installed on the company servers, these resources may be applied for other issues, thus diminishing expenses. The necessary upgrades and technical maintenance is also provided by NetSuite. In general, NetSuite ERP is quite an economic solution with a wider range of functions compared to other similar products.
NetSuite ERP is one of the first and most effective business management systems operating through Internet. It offers a wide range of functions and the constant development together with the highly professional support. Thus NetSuite ERP provides its users with the best possible experience, well-organized internal processes and a promise of a successful enterprise.