{"id":30341,"date":"2020-08-26T07:45:46","date_gmt":"2020-08-26T11:45:46","guid":{"rendered":"https:\/\/centricconsulting.com\/?p=30341"},"modified":"2021-12-15T00:18:22","modified_gmt":"2021-12-15T05:18:22","slug":"netsuite-implementation-key-factors-for-success","status":"publish","type":"post","link":"https:\/\/centricconsulting.com\/blog\/netsuite-implementation-key-factors-for-success\/","title":{"rendered":"NetSuite Implementation: Key Factors for Success"},"content":{"rendered":"
NetSuite<\/a> ERP solutions bring the power of automation and the insights of sophisticated predictive data analytics to your organization, allowing your company to react swiftly to market opportunities and anticipate pitfalls. These benefits are quickly becoming indispensable in an environment where competitors work relentlessly to create efficiencies.<\/p>\n However, NetSuite is not a one-size-fits-all product. You must customize your implementation to meet your organization’s unique process and goals.<\/p>\n This requires a well-planned, professional NetSuite implementation that employs five key success factors: understanding NetSuite’s capabilities, choosing the right implementation partner, creating a single view of customers, breaking free of old legacy systems and formulating innovative strategies.<\/strong><\/p>\n Let’s take a look at each of these factors.<\/p>\n Part of NetSuite’s strength comes from its wide range of capabilities. You can employ this ERP solution<\/a> for tasks in financial management and planning, order management, production management, supply chain management and customer service.<\/p>\n Having this variety of capabilities provides you with the opportunity to add new functionalities as needed and incorporate higher-level features. For example, at the start, some NetSuite users focus on customer service and order management features, and later, they may add a financial planning feature.<\/p>\n For a successful NetSuite implementation, you need a team with specific technical expertise. To evaluate a potential partner’s ability, research the company’s methodology and previous experience. A strong implementation partner can demonstrate its methodology and offer case studies that highlight relevant experience.<\/strong><\/p>\n Be sure to ask for examples of how the partner can help you with your company’s specific goals.<\/p>\n A potential partner should lay out a plan for the entire implementation, including requirement analysis, design, validation, testing, training and user adoption.<\/p>\n The implementation plan should inspire your confidence that the team will complete the project on time and on budget while emphasizing an implementation strategy that enhances processes and meets stakeholders’ needs.<\/p>\nUnderstanding NetSuite’s Capabilities<\/h2>\n
Choosing the Right Implementation Partner<\/h2>\n
Creating a Single View of Customers, Real-Time Reporting and Organizational Visibility<\/h2>\n