12 Industries That Will Benefit From NetSuite

May 8, 2022
Two men in a server room, working on a computer. Illustrates the relevance of NetSuite in 12 industries.

More and more companies are looking to move their workloads to the cloud. Currently, there is one software that standouts from the rest because of its multiple functionalities and features — NetSuite. But those without enough in-house resources prefer to look for professionals outside their organization to maximize its capabilities and also reduce trial and error. If you want to know the industries that will benefit from outsourcing NetSuite talents and services, keep on reading.

What Is NetSuite

NetSuite is a cloud-based software suite that brings all your important business data and processes into one platform. It offers various applications and functions that you will find helpful for your organization’s workflow. Examples are accounting, human resource management, customer relationship management, project management, inventory, procurement, marketing, e-commerce, and many more.

Why Industries Will Benefit From NetSuite

Since NetSuite can provide an all-around view of business data and processes in one easy-to-use platform, it can be a valuable tool for all types of businesses. That’s why more and more companies are now hiring NetSuite administrators, consultants, developers, and other related talents.No business is the same, but NetSuite can be customized to the needs of a specific business. What one organization needs might differ from what a company from a different industry might use. There are numerous NetSuite modules that can provide added features to the platform, providing more capabilities that can match a business’s current and future needs. This is useful for fast-growing companies with business requirements that are continuing to evolve.

Industries That Will Benefit From Netsuite

There are more than thousands of customers around the world running their businesses on NetSuite. The features of this cloud-based software can be applied to numerous industries, such as the ones below:

Accounting and Financial Services

Handle all money matters with ease with the help of NetSuite talents. NetSuite features comprehensive financial management, integrated budgeting and forecasting, revenue management, procurement, and other functions that are crucial for organizations in the accounting and finance industry.

Manufacturing

Manufacturing

Companies in the manufacturing industry are tasked with managing multiple aspects of their operations — from procurement, plan production, order management, shop floor control, and more. A NetSuite consultant can help you understand the features that can streamline these business processes in one place.

Education

Cloud-based software like NetSuite can be beneficial for the education sector because it can unite fragmented data, help budget and forecast finances, give insight into profitability, grow the organization, manage constituent relationships, and many more. Educational organizations can better manage their systems in one place through NetSuite.

Retail and eCommerce

Retail and eCommerce

NetSuite is built for retail and e-commerce, with features such as inventory and order management, customer relations management, financial management, in-store POS, and many more. Through NetSuite, retail and e-commerce businesses can manage their customer experience in one platform while providing the best shopping experience at the same time.

Restaurants and Hospitality

Franchisors, restaurants, and hospitality groups can improve their revenue and reduce costs with NetSuite’s modern restaurant software. This includes back-end financials, inventory, POS integration, commissary, franchise management, and many more. Moreover, NetSuite promotes operational efficiency and transparency into one platform.

Healthcare

Healthcare

Healthcare institutions utilizing NetSuite can increase visibility into their business, improve reporting, simplify compliance, deliver better customer service, and adapt to the developing healthcare landscape.

IT Services

Running an IT services company in a competitive environment can be difficult, which is why many organizations rely on NetSuite. It can provide a real-time view of resources and financials, saving time and improving decision-making. Focus on client relationships and empower virtual teams from this cloud-based software.

Non-Profit

NetSuite professionals can help non-profit organizations improve their operations and grow their mission by maximizing benefits such as streamlined back office operations, faster insights, and partnering confidence. Nonprofit organizations can finally break down silos, boost their resources, and fuel their mission with NetSuite.

Professional Services

NetSuite solutions and software can accommodate businesses of all sizes. And since it’s cloud-based, teams can work on the road, remotely, or in the office anytime. Companies that provide professional services can easily adapt to change while driving operational effectiveness. These organizations also enjoy increased visibility and improvement in their project profitability. NetSuite solutions for these companies include enterprise resource planning or ERP, automation, services resources planning, and customer relationship management (CRM).

Advertising And Marketing

Creativity is a must for advertising and marketing agencies. Organizations can focus on creating attention-grabbing advertisements and marketing great products by letting NetSuite talents help with everything else. From pitch-to-invoice processes, project collaboration, progress tracking, budgeting for campaigns, delivering client reports, billing, and more — NetSuite is an all-in-one platform for all the related business tasks.

Wholesale Distribution

Built for wholesale distribution, NetSuite can be used to solve various challenges in the industry. A professional can help understand key metrics, manage inventory centrally, access real-time customer data, and improve fulfillment through detailed reports and useful controls. Wholesalers can optimize the supply chain through NetSuite and provide a modern sales experience for customers.

Transportation And Logistics

Transportation and logistics companies can move their inventory to the right location, on-time, and with the right costs through NetSuite. Manage spendings on acquired goods and services and track revenue with accuracy. With this cloud financial management solution, organizations can manage multiple subsidiaries and business units from one place.

How Atticus Can Help These Industries

How Atticus Can Help These Industries

Here at Atticus, we can help companies from these industries find talents that can help them have a more convenient and hassle-free experience migrating, using, and adjusting to NetSuite.

NetSuite-Focused And Capable

We can help our clients find the best NetSuite talents — whether it’s administrators, developers, or consultants — to help them run their business in the cloud. We only choose talents that have reached the needed certifications, qualifications and experience, so organizations can run their business with complete confidence.

Makes Business Operations Easier

Here at Atticus, we can provide the staffing difference. From talent selection, onboarding, and continuous training and development — we will assist in employee management, so our clients can achieve optimal results using NetSuite.

Expertise and Experience

From functional consultants, technical consultants, project managers, administrators, accountants, and many more — we have a long list of NetSuite - certified talents that have the expertise and experience to help grow businesses.

Key Takeaway

NetSuite is versatile cloud-based business software, with numerous capabilities that can help companies from various industries improve their workflow and achieve their goals. But because of its long list of functions, it can be quite confusing to use and implement. That’s why it’s beneficial to know which industries will benefit from outsourcing NetSuite talents and services.If you need help in maximizing NetSuite’s capabilities, you can contact us here at Atticus! We specialize in implementation, custom solutions, and administration. Since no business is the same, we can also help you match the right technology professionals and implement the right NetSuite features, so you can focus on growing your business to new heights.

Aspect
Offshoring
Nearshoring
Outsourcing
Long-Term Costs
Cost-effective for skilled talent
Cost-effective but needs initial investment
High, offers control and flexibility
Investment
Moderate, reduces overhead
Initial training and technology
Highest initial and ongoing costs
Benefits
Access to nearby skilled talent
Large global talent pool
Maximum control over operations
Download the Salary Guide to compare average salaries of top NetSuite ERP professionals.
Key Differences
BPO
EOR
Not over PHP 250,000
Tax-exempt
Not over USD 434.49
Over PHP 250,000 but not over PHP 400,000
15% of the excess over PHP 250,000
Over USD 434.49 but not over USD 695.18
Over PHP 400,000 but not over PHP 800,000
PHP 22,500 + 20% of the excess over PHP 400,000
Over USD 695.18 but not over USD 1,390.36
Over PHP 800,000 but not over PHP 2,000,000
PHP 102,500 + 25% of the excess over PHP 800,000
Over USD 1,390.36 but not over USD 34,759.04

Frequently Asked Questions

SALARY GUIDE EBOOK

Compare NetSuite ERP talent salaries

Attracting top NetSuite talent with clear job descriptions is the first step. Understanding salaries is your next key move! Download this free salary guide to view talent costs, offshore hiring tips, and more

2024 Atticus Solutions. All Rights Reserved