Skip links

NetSuite for Telecoms: Learn All About it in a Few Simple Steps!

Whether you’re a telecom business and you want to keep track of your inventory or you’re on the other side and you have to manage the inventory for your clients, NetSuite is what you’re looking for.  Today, nearly every financial activity is being reimagined in some way, from banking to lending, to wealth management.  With innovation in the market, complicated business models that offer multiple services across different geographies often arise.  In order to thrive in this changing landscape, financial services businesses need to be able to process information faster an act immediately on results.  Oracle NetSuite enables financial institutions to meet their unique needs with a single, powerful application and proactively balance risk and opportunity across business processes.  Telecom businesses can use it to manage their inventory, sales, contacts, and even their accounting if you don’t have time for that too.  Keep reading to know more about NetSuite for Telecoms.


Interesting Facts About NetSuite

Did you know that NetSuite is used by more than 25,000 companies around the world, including well-known brands like Saks Fifth Avenue, GAP, Inc., ING, and many more?  Some of the features for Telecoms Businesses include keeping track of your inventory, including associated costs and sales data, to maximise sales and reduce risk.  Tracking customer orders, inventory, and markups provide your sales team with a clear overview of everything they need to know while keeping track of your customers and their data.  NetSuite can also be used for accounting, with features such as general ledger, accounts payable, and accounts receivable.  With the help of Business Intelligence, you can compare metrics, forecast revenues and expenses, and plan for the future.  Other features of NetSuite include integration and mobility, which allow you to integrate with other software, as well as being able to access from anywhere.


Why Use NetSuite for Telecoms?

There are plenty of reasons why telecom businesses should use NetSuite for their business needs.  Firstly, NetSuite can be used for every aspect of a business, so if you’re managing multiple departments, this can help keep everything organised.  It is also cloud-based, which means that you can access it from anywhere, making it perfect for managing teams in multiple locations.  With NetSuite, you can track sales, inventory, customers, and even your accounting – which is great for businesses that don’t want to deal with the hassle of multiple systems.  One of the most important reasons to use NetSuite is that it’s very easy to set up and configure to your exact needs.


Wrapping Up

NetSuite is the world’s largest provider of cloud-based financials and ERP sofrware as a service, with more than 25,000 customers.  It is a software the offers businesses an all-in-one management solution, helping them to manage their inventory, sales, customers and accounting, as well as integrate with other software.  NetSuite can be used for any type of business, including telecoms businesses.  Contact our team and get started today so see how much easier business can be with NetSuite.