As the owner of a growing small to medium-sized business, you are likely familiar with the many decisions that can have a profound impact on your organisation’s success. One such decision revolves around the selection of an Enterprise Resource Planning (ERP) system that can streamline your operations and ensure that your company runs like a well-oiled machine.
In this realm, one name that consistently stands out is NetSuite. In the points below, we dive deep to explore whether NetSuite for SME’s is a worthwhile investment.
The NetSuite advantage
NetSuite is a robust, all-in-one business software suite that integrates and streamlines key business processes, including inventory, order management, accounting, customer relationship management (CRM), and eCommerce. This consolidation not only reduces complexity but also allows for a 360-degree view of your operations.
As a cloud-based solution, NetSuite provides real-time access to vital business data from anywhere, at any time. This accessibility can be particularly useful for growing small to medium-sized businesses with remote teams or those looking to expand geographically.
But is NetSuite’s cost for SME’s feasible? And can it truly serve the unique needs of growing small to medium-sized organisations?
Understanding the NetSuite cost for SME
It’s no secret that NetSuite offers a comprehensive set of features that can benefit SME’s and enterprise businesses. However, it’s also true that the upfront costs of NetSuite can be a point of concern for some small businesses.
To that end, it’s important to consider not just the initial cost, but the long-term return on investment (ROI). NetSuite’s unified system can lead to significant time and cost savings by eliminating manual processes and the need for multiple disparate systems. Additionally, its scalability means that as your business grows, NetSuite grows with you, without the need for expensive upgrades or systems changes.
Tailoring NetSuite for your SME
Now, you may be wondering, “Can I customise NetSuite ERP for SME to fit my specific needs?”. The answer is a resounding yes.
This is where Annexa shines. With our leading practice customised NetSuite solutions, we work to understand the unique needs and challenges of your growing small to medium sized business, then tailor a NetSuite solution to address them. Our in-house integrations, extensions, partnerships, and full-service capabilities mean we can deliver an end-to-end solution designed to help your business thrive.
Let’s now take a moment to consider a real-world example. As a rapidly growing SME, True Protein opted for our customised NetSuite solution to manage its inventory and order processes. They had been using a combination of different systems, which led to inefficiencies and errors.
With our tailored NetSuite solution, True Protein was able to unify its processes and access real-time data, which resulted in improved decision-making and efficiency. The initial NetSuite cost for this SME was offset by the savings in time and the reduction in errors, proving to be a worthwhile investment.
NetSuite for SME as a strategic investment
In conclusion, while the initial investment in NetSuite may be higher than some other options, its broad capabilities, customisability, and scalability make it a strategic investment that can deliver significant returns.
At Annexa, we are dedicated to making the NetSuite ERP work for your growing small to medium sized business. With our tailored solutions, we ensure that NetSuite becomes an asset that will support and drive your business growth now and into the future.
Investing in technology for your business is a crucial step, but it doesn’t have to be a daunting one. Reach out to us today, and let’s discuss how Annexa can make NetSuite work for your SME.
Annexa is a leading NetSuite partner with extensive experience designing and implementing comprehensive and customised business systems, including payroll solutions, financial management, warehouse management and ecommerce solutions.