{"id":13735,"date":"2022-08-03T10:53:12","date_gmt":"2022-08-03T09:53:12","guid":{"rendered":"https:\/\/cofficient.co.uk\/?p=13735"},"modified":"2022-08-03T10:53:12","modified_gmt":"2022-08-03T09:53:12","slug":"why-use-netsuite-for-business-growth","status":"publish","type":"post","link":"https:\/\/www.cofficient.co.uk\/why-use-netsuite-for-business-growth\/","title":{"rendered":"Why Use NetSuite For Business Growth?"},"content":{"rendered":"

Did you know that the most successful businesses are those who understand their current stat and future needs?\u00a0 The businesses that stay ahead of the curve by implementing a strategic growth plan<\/a>, use software to streamline their business processes, and measure performance metrics.\u00a0 Managing day-to-day operations is challenging for any business: however, as your company grows so does the complexity of your processes.\u00a0 To manage this level of complexity, you need software that is specifically made for growing businesses.\u00a0 Companies like NetSuite have created an affordable solution to these complex challenges.\u00a0 So, why use NetSuite for business growth?<\/p>\n

 <\/p>\n

What Is NetSuite?<\/h3>\n

NetSuite is an all-inclusive software that gives businesses end-to-end visibility.\u00a0 It is primarily a business management platform that helps businesses grow by managing all aspects of their operations.\u00a0 NetSuite offers a wide range of software solutions for Sales & Marketing, Product Development, Supply Chain Management, Operations, Human Resources and much more.\u00a0 With all these integrated solutions, businesses can scale their operations seamlessly.\u00a0 NetSuite’s cloud-based software allows you to connect your business with your customers, suppliers, employees, and other stakeholders.\u00a0 This business-to-business (B2B) integration enables you to eliminate manual data entry and streamline your business processes.<\/p>\n

 <\/p>\n

Track and Measure Every Step of Your Business Processes<\/h3>\n

Any business process that must go through the hands of multiple people is bound to have some degree of inaccuracy.\u00a0 NetSuite allows you to track each step in your business process.\u00a0 This will help you identify areas where you have room for improvement and make corrections as needed.\u00a0 It’s important to measure your KPIs on a quarterly basis and compare them with previous quarters so that you can track progress.\u00a0 This will help you make necessary changes to improve your overall performance.\u00a0 An example of a business process that can use this functionality would be the recruitment process.\u00a0 This process often has multiple stakeholders who are involved in the hiring process.\u00a0 If you are using NetSuite, you can track and record every step of the process.\u00a0 This will help you identify where there is room for improvement and make the necessary changes.<\/p>\n

 <\/p>\n

Streamline Your Most Important Processes<\/h3>\n

NetSuite’s workflow functionality allows you to streamline your most important business processes.\u00a0 This will allow you to perform multiple tasks in parallel and create a single source of truth for your business data.\u00a0 If you are currently managing your business operations in excel spreadsheets, you understand how difficult it is to keep up with changes and ensure consistent data accuracy.\u00a0 An example of a business process that can use this functionality would be the sales process.\u00a0 This process often has multiple stakeholders who are involved in the sales process.\u00a0 If you are using NetSuite, you can streamline your sales process.\u00a0 This will allow you to perform multiple tasks in parallel and create a single source of truth for your business data.<\/p>\n

 <\/p>\n

Assigning Key Performance Indicators To Track Growth and Benchmarking<\/h3>\n

All businesses exist to achieve one goal – growth.\u00a0 NetSuite’s KPI functionality allows you to assign key performance indicators to track growth and benchmarking.\u00a0 This will allow you to track your progress against your goals and make necessary corrections.\u00a0 An example of a business process that can use this functionality would be the sales process.\u00a0 This process often has multiple stakeholders who are involved in the sales process.\u00a0 If you are using NetSuite, you can assign key performance indicators to track growth and benchmarking.\u00a0 This will allow you to track your progress against your goals and make necessary corrections.<\/p>\n

 <\/p>\n

A Powerful CRM That Helps You Retain Customers<\/h3>\n

NetSuite’s CRM functionality allows you to manage your relationships with customers.\u00a0 This functionality allows you to create sales and marketing campaigns that are personalised for your customers.\u00a0 You can use this functionality to understand your customers’ needs and track the success of your marketing efforts.\u00a0 An example of a business process that can use this functionality would be the lead generation process.\u00a0 This process often has multiple stakeholders who are involved in the lead generation process.\u00a0 If you are using NetSuite, you can use the CRM functionality to manage your relationships with customers.\u00a0 This will allow you to create sales and marketing campaigns that are personalised for your customers.\u00a0 You can use this functionality to understand your customers’ needs and track the success of your marketing efforts.<\/p>\n

 <\/p>\n

NetSuite’s end-to-end business solution allows you to manage every aspect of your business.\u00a0 This software can be used to track and measure your business process, streamline important business processes, assign key performance indicators, and manage customer relationships.\u00a0 This business solution is ideal for growing businesses because it will help you eliminate manual data entry and create a single source of truth for your data.<\/p>\n

 <\/p>\n

Cofficient provide you with all the tools and training to get NetSuite up and running in your business.\u00a0 Get in touch<\/a> to start your business growth today.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Did you know that the most successful businesses are those who understand their current stat and future needs?\u00a0 The businesses that stay ahead of the curve by implementing a strategic growth plan, use software to streamline their business processes, and measure performance metrics.\u00a0 Managing day-to-day operations is challenging for any business: however, as your company […]<\/p>\n","protected":false},"author":1,"featured_media":13736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[504],"tags":[],"yoast_head":"\nWhy Use NetSuite For Business Growth? - Cofficient<\/title>\n<meta name=\"description\" content=\"Every business wants to grow and become more profitable. But how do you track success and benchmark? 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