The Advantages of NetSuite for Small Businesses : SuiteSuccess Starter Edition
August 15, 2022
The advantages of NetSuite for small businesses are numerous. NetSuite for Small Business is an integrated cloud business software suite that provides businesses with a complete system to run their operations, including accounting, inventory, customer relationship management (CRM), and ERP. NetSuite Small Business Edition is also scalable, so SMBs can start small and grow with the solution as their needs expand.
The SuiteSuccess Starter Edition is an affordable and powerful solution designed specifically for small businesses. This article explores the advantages of NetSuite, including its suitability for small businesses, the SuiteSuccess Starter Edition, the mid market edition, and their respective pricing structures.
NetSuite for Small and Midsize Businesses
NetSuite is a cloud-based ERP system that provides small and midsize businesses with a comprehensive set of tools to manage their daily operations, including financial management, inventory management, order management, and customer relationship management. It is used by over 22,000 organizations worldwide and has a proven track record of delivering results.
What is NetSuite Starter Edition?
NetSuite SuiteSuccess Starter Edition is NetSuite’s entry-level option for small businesses. NetSuite Starter Edition is designed to be affordable and easy to use, while still providing the features necessary to help small businesses succeed.
NetSuite Starter Edition can help small and mid sized business owners:
Automate their processes
NetSuite Starter Edition automates core business processes, such as accounting, CRM and inventory tracking. NetSuite also offers customizable reports and dashboards to help businesses track important performance metrics.
Improve customer service
NetSuite Starter Edition enables small businesses to better manage their customer relationships by providing information on sales activities, invoices, orders as well as open quotes, opportunities and new leads awaiting contact.
NetSuite Starter Edition provides powerful reporting and analytics capabilities that enable small businesses to gain better visibility into their financials, sales, and operations. NetSuite's customizable dashboards allow business owners to quickly identify trends, anticipate customer needs, and make informed decisions about their business.
NetSuite Starter Edition helps small businesses maximize profits by providing the necessary tools to automate processes and reduce manual labor. NetSuite also offers the ability to track and manage inventory, giving businesses real-time insight into their stock levels.
Streamlined financial management
NetSuite's financial management tools provide businesses with a complete view of their financial performance, including revenue, expenses, and profitability. It also streamlines financial processes, such as invoicing and payments, reducing the time and effort required to manage financial operations.
Better inventory management
NetSuite's inventory management tools provide businesses with real-time visibility into their inventory levels, ensuring that they always have the right products in stock. It also helps businesses to optimize their inventory levels and reduce the cost of carrying excess inventory.
Enhanced customer experience
NetSuite's customer relationship management tools provide businesses with a complete view of their customers, including their purchase history, preferences, and behavior. This information helps businesses to deliver personalized experiences to their customers and build long-term relationships.
Scalability and flexibility
NetSuite is highly scalable and flexible, making it an ideal solution for small and midsize businesses that are looking to grow. It can easily adapt to changing business needs and can be customized to meet the specific needs of different industries.
NetSuite's cloud-based delivery model eliminates the need for expensive hardware and IT infrastructure, reducing the cost of deploying and maintaining an ERP system. It also helps businesses to reduce the cost of running their operations by automating key business processes.
Overall, NetSuite Starter Edition is an ideal software solution for small businesses looking to improve their operations and maximize profits. NetSuite’s integrated tools provide businesses with the necessary tools to automate processes, manage customer relationships, and gain visibility into their financials.
Reasons why more small business are choosing NetSuite Starter Edition.
The SuiteSuccess Starter Edition is a comprehensive and affordable ERP solution that is specifically designed to meet the needs of small businesses. It includes preconfigured workflows, industry-specific functionalities, and customized dashboards that help small businesses to get up and running quickly.
NetSuite is Affordable
NetSuite's pricing is based on the number of users, making it affordable for small businesses. The pricing structure is in alignment with other cloud ERP vendors specializing in small businesses including MYOB Advanced, Acumatica, Sage and Microsoft 365.
Customized dashboards and workflows
The SuiteSuccess Starter Edition includes preconfigured dashboards that provide small businesses with real-time visibility into their key performance indicators (KPIs). It also includes preconfigured workflows that automate key business processes, such as order management and financial reporting.
NetSuite is Flexible
NetSuite is also flexible, offering different modules that businesses can add on as their needs change over time. Small business customers are able to start with the essentials and continue to expand the software footprint over time.
The SuiteSuccess Starter Edition includes industry-specific functionalities that are designed to meet the unique needs of different industries, such as manufacturing, retail, and service businesses. This helps small businesses to get up and running quickly and to achieve their specific business goals.
NetSuite is Scalable
NetSuite is a cloud-based solution that can grow with your business. NetSuite offers three different editions—Starter Edition, Mid-Market Edition, and Enterprise Edition— so businesses can start small and expand as their needs change. NetSuite also offers a la carte modules so businesses only pay for the features they need.
Preconfigured reports and KPIs
The SuiteSuccess Starter Edition includes preconfigured reports and KPIs that provide small businesses with the insights they need to make informed decisions. These reports and KPIs are customizable, allowing small businesses to tailor them to their specific needs.
NetSuite is Mobile
NetSuite's mobile app gives users the ability to access NetSuite from their iOS or Android devices, making it easy to stay connected to business operations while on the go. The NetSuite mobile app includes features such as the ability to view dashboards, create and edit records, approve invoices, and more.
Rapid implementation and deployment
The SuiteSuccess Starter Edition is designed to be deployed quickly and easily, with a rapid implementation process that ensures small businesses can start using the system as soon as possible. This helps small businesses to save time and money on the implementation process, allowing them to focus on growing their businesses.
NetSuite integrates with a wide range of business applications, making it easy to connect NetSuite with other software solutions businesses are using. NetSuite's pre-built integrations include popular applications such as Salesforce, Shipstation, Magento, Shopify and more. NetSuite also offers an API that businesses can use to build custom integrations as required.
The NetSuite Starter Edition Price is Affordable
The SuiteSuccess Starter Edition pricing varies based on the number of users and modules required by the business. It is an affordable solution that is specifically designed for small businesses, making it an attractive option for those with limited budgets.
NetSuite offers 24/7 customer support, so businesses always have someone to turn to if they need help with the software. NetSuite's support team is knowledgeable and responsive, so businesses can get the assistance they need when they need it.
Comparing NetSuite Mid Market Edition
The NetSuite Mid Market Edition is a more comprehensive solution that is designed for midsize businesses. It includes all the
features and functionalities of the SuiteSuccess Starter Edition, as well as additional tools to manage more complex operations.
Features and functionalities
The NetSuite Mid Market Edition includes additional features and functionalities, such as advanced financial management tools, project management, and advanced supply chain management tools. It also includes more advanced customization options and integrations with other business systems.
The NetSuite Mid Market Edition is also highly scalable and can grow with the business. It can handle more complex operations and can be customized to meet the specific needs of different industries.
The NetSuite Mid Market Edition pricing varies based on the number of users and modules required by the business. It is a more comprehensive solution than the SuiteSuccess Starter Edition, making it a bigger investment.
NetSuite is an ideal ERP solution for small and midsize businesses that are looking to manage their operations, finances, and customers more effectively. The SuiteSuccess Starter Edition is an affordable and powerful solution designed specifically for small businesses, while the NetSuite Mid Market Edition is a more comprehensive solution designed for midsize businesses. Both solutions offer a range of advantages, including real-time visibility, automation of key business processes, streamlined financial management, better inventory management, enhanced customer experience, scalability and flexibility, and cost savings.
Interested in Learning More About NetSuite Starter Edition?
If you're interested in learning more about NetSuite Starter Edition and how it can benefit your small business, please contact us today. We'd be happy to answer any questions you have and provide you with a free demo of the software. Thanks for considering NetSuite as your small business software solution!
About CEBA Solutions
At CEBA Solutions, we provide NetSuite consulting and implementation services to businesses of all sizes. We have worked with businesses in a wide range of industries, including manufacturing, distribution, retail, software, and more. Our team has the experience and expertise you need to ensure a successful NetSuite implementation. Contact us today to learn more.
Zabe is a hands-on company Founder and President with expertise across multiple verticals to include business development, operations, distribution, finance, logistics, manufacturing, and the eCommerce industry.
With over 20 years of experience in the industry, Zabe works to support growing businesses by helping integrate digital and software solutions to optimize their operations and save them money. Together, we help companies manage core business processes with a single, fully integrated system covering Enterprise Resource Planning (ERP), financials, Client Relationship Management (CRM), procurement, warehousing, eCommerce, inventory, third-party logistics (3PL), and much more.