When investing in an ERP solution, companies must consider a multitude of benefits and features that will have a profound impact on how the company manages its daily processes. Businesses in varying industries have different considerations when it comes to choosing an ERP system that is best for them. Over the successive weeks this blog will discuss why NetSuite is right for companies involved in wholesale distribution, software, services, retail, manufacturing, general business and ecommerce. This will also include the features and benefits that pertain to enterprises in each of those areas.
Our last blog post detailed the specific features inherent in NetSuite and why it is one of the top software applications for software companies. Some of the key benefits include reduced overhead and end-to-end functionality to help manage the renewals process. This blog will discuss why NetSuite is one of the top solutions for the service industry.
NetSuite for the Service Industry
NetSuite SRP is the professional services industry’s first and only end-to-end services resource planning (SRP) solution that supports an entire services business. From customer relationship management (CRM) and professional services automation (PSA), to accounting/enterprise resource planning (ERP), NetSuite SRP supports the complete bid-to-bill lifecycle with a powerful Software-as-a-Service (SaaS) suite.
NetSuite’s solutions for professional services are used today in more than 1,500 professional services organizations worldwide from small and mid-sized services businesses to some of the world’s largest services organizations.
NetSuite SRP helps you complete projects more quickly, generate invoices accurately and efficiently, and decrease accounts receivable cycles, so you improve cash flow and eliminate revenue leakage. With NetSuite SRP, you gain complete visibility into and control over the entire business—in real-time, from the moment a new opportunity is identified through to project delivery, invoicing and revenue recognition, all while eliminating double entry and costly systems and integrations management overhead.
NetSuite SRP also empowers the mobile services organization with anytime, anywhere access in the cloud, supporting users where they work—on the go, at client sites or remotely.
Running a global services business? Combine NetSuite SRP with the power of NetSuite OneWorld to gain real-time, global business management and financial consolidation for multi-national and multi-subsidiary operations. With NetSuite OneWorld SRP, you can manage multiple subsidiaries, business units, legal entities, global resource pools, billing rates in any currency, taxation rules, reporting requirements and more—all from a single system.
With more than 12 years of experience supporting services organizations of all specialties and sizes, NetSuite understand the unique requirements of running a services business.
Contact Our NetSuite Team
Are you interested in learning more about the features in our NetSuite solution? Contact SWK’s NetSuite professionals to learn how these features can benefit you. For additional information please contact us at 877-979-5462, or click here to contact us.
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