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storing data

Stop Storing Data In Spreadsheets

NetSuite Is The Best Software For Your Business

When you think of a spreadsheet, the first thing that probably comes to mind is accounting.  The truth is, spreadsheets are extremely useful for keeping tabs on your business’s finances in general, but they aren’t the most efficient way to store that data long-term.  After all, what happens when you want to compare on set of figures with another from a different file?  You can’t create charts or sort data based on category unless you input it repeatedly into a new document.  Imagine having to go through several files just to see how much revenue you generated in June last year.  That’s why businesses need software specifically designed for managing and tracking large amounts of data efficiently.

 

NetSuite: The Best Software For Storing Business Data

NetSuite is a cloud-based business management software solution designed to streamline accounting, inventory, order management, and CRM functions.  NetSuite’s intuitive user interface allows employees at every level of an organisation to create and manage records with ease, which is why it’s a great option for businesses that need to store lots of data.  What’s more, NetSuite offers a rich feature set and functionality to support departments.  Users can also integrate the software with other business applications to streamline workflow and boost efficiency across the board.  NetSuite’s data storage capabilities are some of the best in the business management software industry, allowing businesses to collect and analyse data from all corners of the organisation.  Plus, Netsuite’s mobile app makes it easy for employees to access data when they’re on the go.

 

Why Storing Data In Spreadsheets Is A Bad Idea

You can’t organise the data the way you want, and charts and graphs are impossible.  You can’t share the data easily with colleagues, and it’s impossible to track changes over time (who added what to the spreadsheet and when?).  You can’t conduct analysis across departments, let alone across multiple years or compare your company’s performance against industry averages.  Many businesses end up storing data in multiple spreadsheets across departments.  That’s inefficient, time-consuming, and can breed inconsistency, mistakes, and duplicate data.  It also makes it extremely difficult to access and analyse data across departments.

 

Why NetSuite Is The Best Software For Storing Business Data

NetSuite offers rich data storage features, including the ability to create custom fields and store information about customers, suppliers, products, employees, and financial details.  You can even track information about your company’s SLAs and KPIs.  Users have the option of storing data in a relational database or a non-relational database.  Relational databases are better for organising data as you can set up relationships between pieces of information, such as linking a customer to their orders.  NetSuite also offers data encryption to protect your most sensitive data from unauthorised access.  NetSuite’s data management capabilities are some of the best in the business management software industry.  With the software, businesses can collect and analyse data from all corners of the organisation, including supply chain.

 

Other Reasons To Use NetSuite

NetSuite offers an impressive features set, easy-to-use interface, and robust data storage capabilities.  The software also boasts an extensive list of integrations and scalability options.

 

Summing Up

NetSuite is the best software for businesses that need to store lots of data efficiently.  The software boasts an impressive feature set, an easy-to-use interface, and robust data storage capabilities.  On top of all this, NetSuite is affordable and accessible as a cloud based solution.

 

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