NetSuite for Software Companies: Advanced Financial Management Solutions
Here’s how NetSuite for software services can make you more competitive, agile, and innovative for rapid growth and international expansion.
Why NetSuite for Software Companies?
What’s the primary reason for over 1,000 tech companies to use NetSuite for software services? It helps them manage complex business processes. It optimizes forecasting, revenue recognition, specialized pricing models, procurement, subscription and recurring revenue streams, and order management, among others, for greater productivity.
With growth comes complexity. The systems and processes that would have helped you succeed as a startup may not be effective anymore. To optimize business functions, you need an integrated platform that enhances collaboration and helps you seamlessly scale to the next level. And that’s what you get with NetSuite for software services.
NetSuite offers customized solutions addressing the needs of various industries. NetSuite for software services helps tech companies streamline various systems, handle complicated high-volume reporting structures, and improve revenue and profit margins. By revealing systemic inefficiencies and redundancies, NetSuite for software services also allows companies to be more competitive.
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NetSuiteSoftware ServicesFeatures
Highly scalable
In the tech ecosystem, what companies need is a management solution that enables rapid growth while being flexible to evolve and adapt. With NetSuite for software services, you get an ERP that’s agile and empowers businesses to focus on their core activities without having to maintain hardware and software.
Optimized CRM
While NetSuite can be used for several domains, one area where software service providers will see immediate results is CRM or customer relationship management. The platform seamlessly integrates all aspects of a company’s operations to generate high-quality service for its customers. This helps businesses in up-selling and cross-selling for revenue growth.
A unified system
NetSuite for software services is a unified suite developed to give an easy overview of an organization’s operations. From project management to resource allocation to financial planning, you get a host of tools that reveal areas for optimization.
Enhanced revenue recognition
Since the software sector has complex financials to deal with, NetSuite for software helps companies manage revenue recognition while ensuring compliance. You get all the tools with a single package, which means there’s no need to use standalone solutions or spreadsheets.
Streamlined order and billing
NetSuite for software services enables you to streamline the entire sales process. You can generate accurate quotes and accelerate business processes while eliminating billing errors. With automation, you can free up resources for more revenue-generating activities and get problem-free operations.
Don't just take our word for it.
Hear it from our customers.
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Juan Paul Ramirez
Chief Technology
OfficerBoosted Commerce
“Your team has been professional, and flexible. They have really demonstrated their expertise. All departments have given good feedback, particularly (our) supply chain who is a key stakeholder, has been really impressed."
Raj Ramoutar
Supply Chain Director
Olsam Group
“I just wanted to comment as well on how impressed we were with these images. The look/feel of them is way better than what we had. To be honest, we are going to copy this format and update our other listings moving forward. Good job."
Mike Jackness
President & CEO
Terran
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Chief Technology Officer
Boosted Commerce
Grow your Business with SUEG & NetSuite
HowSoftware ServicesCan Benefit from NetSuite
Whether you’re a single-location startup or a multinational organization, NetSuite for software services can benefit your business in multiple ways.
Your customers get faster time to value
Since NetSuite for software services comes with integrations, customizations, and training, companies can onboard customers faster while meeting benchmarks and collaborating with key stakeholders. The platform has more than 100 pre-configured roles and pre-built reports with dashboards and metrics. These enable quicker outcomes and value for the clients.
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You can reduce costs
Designed to improve productivity, NetSuite helps companies discover areas to reduce costs and optimally allocate resources. With real-time business intelligence and comparative data, you can focus on measurable KPIs to track your productivity and efficiency across project lifecycles and business transactions.
You get a comprehensive view
All NetSuite business solutions create operational efficiencies by giving an overview of an organization’s processes and workflows. You can view detailed KPI reports, create specific or company-wide dashboards, and run saved searches without the need for any technical expertise.
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You can get to market faster
NetSuite for software services makes IT firms more agile and flexible to face the challenges of a disruptive market. Teams can easily configure software and create new products that match new business models. This helps companies attain and retain a competitive edge. In highly contested markets, early entrance alone is a credible differentiator for IT firms.
You get a customizable solution
The platform comes with several tools that companies can use to customize and configure to meet their specific requirements. Seller Universe offers tailored solutions to software service providers that address their unique challenges and opportunities for more revenue-impacting outcomes.
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NetSuite Implementation Process
Project Planning and Discovery
We’ll work with your team to identify the current state of your data, the ideal state for going live on NetSuite, and how we’ll get from A to Z. This phase of the NetSuite implementation will involve discovery, scoping, and solutions architecture.
System Design
Based on the agreed upon requirements and vision, our team of NetSuite implementation consultants with setup, configure, and optimize NetSuite.
Data Migration
Whether you’re migrating off of spreadsheets, QuickBooks, or any other collection of systems, we’ll take a secure and low-risk approach to migrating your data to NetSuite. We’ll preserve historical data and adhere to strict security standards.
Testing
To ensure a successful go-live, we’ll work with your team to ensure that all key aspects of the NetSuite implementation are set up and working properly including dashboards, workflows, integrations, logic and more.
User Training
Enabling your team is key to adoption to a new system. We’ll make sure staff members know what they need to do and how they need to do it so you can hit the ground running with your new ERP.
Go Live
Ready, set, go-live! We’ll get your business live on NetSuite while ensuring a seamless transition from the old system.
Post Go-Live Support
Post go-live, your team might identify areas for improvement or optimization that were not identified in the project planning phase. Our NetSuite consultants can provide any post-implementation support to get you exactly where you need to be.
Don't just take our word for it.
Hear it from our customers.
"We had a tight window to leverage our product and we needed a team who was able to execute quickly and effectively. You were that team."
Derek Diehl
Director of Ecommerce
Anovus
“I've been super happy with the work.”
Leo Trottier
Founder and CEO
FluentPet
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Chief Technology Officer
Boosted Commerce
Grow and Scale your Business
with Seller Universe & NetSuite
Effortlessly manage multiple subsidiaries, business units and legal entities with one ERP solution. Get real-time visibility at local, regional and headquarter levels, and standardize business processes across all divisions and subsidiaries. NetSuite ERP is used in more than 200 countries, supports over 27 languages and 190 currencies — and can handle your global business with ease.
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