A lot of people decided that they would treat the pandemic and start those businesses they always dreamed about. Just in 2021, people started around 5.4 million businesses.
Of course, launching a business and keeping that business running smoothly are dramatically different propositions. Entrepreneurs often start a business with minimal management experience or business training. That puts them on a steep learning curve.
One of the things that can help make the learning curve a bit shallower is an enterprise resource planning system, such as NetSuite for small businesses.
Not sure an ERP system is right for you? Keep reading for six key benefits of NetSuite for small businesses.
1. All-in-One System
One of the key NetSuite benefits is that it enables an all-in-one approach for your critical business processes. NetSuite offers integration with lots of third-party software providers. That means you can import data from your marketing software, eCommerce software, and even your supply chain software.
That centralizes all your data from across every department for ease of access.
NetSuite software is cloud-based. That means you can access your data from anywhere. If you’re out of town negotiating with a new supplier or just working from home, you can keep an eye on the essentials.
If you run into problems, you can also find excellent NetSuite support services to help you.
NetSuite technology lets you customize the dashboards you work with on the regular. Let’s say that you’ve got your marketing pretty well locked down but your supply chain is giving you fits. You can customize the dashboard to highlight supply chain and logistics information for you.
Easy access to that data can alert you to new problems and enable better decisions.
4. It Scales
One common problem small businesses run into is that the software they use can’t grow with them. The business hits a certain size and the old software can’t keep up. NetSuite can scale up to just about any size you need on demand.
Data security is a big deal these days with breaches hitting everyone from mom-and-pop shops to multinational corporations. NetSuite offers robust security that works with your other IT security measures to keep that data safe and intact.
Pricing is always a concern for small businesses. NetSuite offers a modular approach to the software and, by extension, the pricing. You pick out the modules you want and only get charged for those modules.
NetSuite for Small Businesses and You
New business owners often find themselves struggling with all the information they must keep track of about their business. ERP systems like NetSuite for small businesses help you flatten the learning curve a bit.
It offers several important benefits, such as security, scalability, and customization. Beyond that, it’s an all-in-one solution that integrates with many other existing software packages.
You get the access advantages of a cloud-based service. Plus, you can manage the pricing by only selecting the modules you need.
Looking for more business management tips? Check out the posts over in our Business section.