In a business world where time truly is money, NetSuite’s preconfigured implementation approach gets companies up and running on a new cloud ERP in 100 days or less.
That’s a big win for businesses that want to take advantage of the benefits of cloud ERP without a long, drawn-out implementation process.
In this guide, we break down the SuiteSuccess approach, explain why it’s different than any other ERP implementation methodology available, and tell how it will help your company by quickly replacing its disparate systems, manual processes, and spreadsheets with a world-class, cloud enterprise resource planning system.
Enterprise resource planning (ERP) implementations can be daunting undertakings that consume a lot of time, energy, and resources. As you work through the process of selecting, purchasing, and installing your organization’s new central nervous system—plus training users on how to adapt and manage new workflows—having a pre-defined roadmap and an experienced technology partner in your corner helps create more successful outcomes.
Knowing this, NetSuite put much time and effort into creating a SuiteSuccess methodology based on 20 years of industry-leading practices and extensive business optimization methods. Focused on solving industry challenges that have historically limited a company’s ability to grow, scale, and adapt to change, SuiteSuccess is the culmination of thousands of ERP implementations across many different industries.
The end result is a preconfigured platform customized to your business's specific needs. Using SuiteSuccess, companies can go live with a fully-integrated cloud ERP in less than 100 days. With ERP implementations taking 18 months on average, SuiteSuccess’ ability to greatly accelerate this timeline makes it a clear winner for companies operating in a fast-paced business landscape where time truly is money.
If you're not sold already, we've compiled a list below of the five key ways that SuiteSuccess will help take your business to the next level.
Many other ERP vendors attempted to solve the industry's agility problem by creating templates, rapid implementation methodologies, and custom code.
NetSuite took a holistic approach to the problem by combining domain knowledge, leading practices, key performance indicators (KPIs), and an agile approach to product adoption. Packaging these and other elements into its SuiteSuccess methodology, NetSuite SuiteSuccess speeds up time to value and helps ensure a higher level of customer success.
For example, a wholesale distributor that’s implementing NetSuite gains the benefit of thousands of implementations that came before it. With numerous pre-configured, industry-specific functionalities layered into the SuiteSuccess methodology, the distributor has a jump start on implementation and a wide range of capabilities designed specifically for its business.
Sean Munzert, a Cloud Sales Consultant with BCS ProSoft, a Certified NetSuite Partner, compares ERP implementations to building a race car:
“You can build it from scratch by designing it from the ground up, bending all of the metal, and welding all of the pieces together. Or, you can start with a pre-built foundation and put more energy and resources into customizations and finishing touches.”
Once in place, NetSuite SuiteSuccess helps companies close their books 55% faster, improve their invoicing processes by 60%, and reduce the amount of time spent creating reports by 75%. These are just a handful of the key returns on investment (ROI) that the cloud ERP platform offers, with SuiteSuccess reducing the amount of time it takes to realize these savings and efficiencies.
“SuiteSuccess gives companies a better starting point,” said Munzert, who also points out that while some elements of SuiteSuccess are preconfigured, the methodology is also very good at addressing needs that many companies didn’t even know they had.
It’s also a lower-risk implementation process that produces positive outcomes and allows companies to “get more value out of their systems sooner,” he added.
With tens of thousands of successful implementations amassed over more than two decades, NetSuite has a deep understanding of global businesses across all industries and their most pressing challenges.
As companies work to improve their performance, operate more efficiently, and increase customer satisfaction, they often struggle with:
Lack of real-time visibility into their business
Metrics based on unreliable data
Difficulty implementing new business models
Challenges with geographic expansion
Manual processes that cannot scale
Challenges with compliance
Rigorous audit requirements
Challenges in adopting and using new technologies
Focused on making enterprise software easier to implement and run, NetSuite’s SuiteSuccess is a core tenet that crosses all lines of business. Once in place, the ERP helps companies begin solving the problems outlined above, and more.
Designed for industry needs and customizable for any business, SuiteSuccess provides packages that are built for your industry. You can implement critical components upfront and then use a phased-approach when adopting more complex modules (if so desired). Through a combination of pre-configured role-based dashboards and reporting (that isn’t pre-defined), companies experience the quicker, 100-day deployments that allow teams to get up and running on the day that the ERP goes live.
With SuiteSuccess, companies leverage other organizations’ successful ERP implementations and speed up installation times without sacrificing quality, reliability, or consistency. Sticky Notes, for example, lets employees create and track notes on record pages, thus supporting effective communication among team members. Hundreds of development hours went into this ERP feature, but BCS ProSoft can have it up and running within 30 minutes on a SuiteSuccess project.
This is just one of many ways that SuiteSuccess vastly reduces the amount of time it takes to implement a leading, cloud ERP that might otherwise require 6-12 months (or more) to put in place and start using. A Tier One ERP built and designed for mid-market companies, SuiteSuccess also helps reduce the cost of implementation while concurrently providing very high levels of value for those organizations.
Imagine having a birds-eye view of your business, by role, at any given time.
With this data at your fingertips, you can increase business insights by knowing what your company is doing and how it’s performing at any point in time. This empowers team members to take action based on facts rather than assumptions, make better decisions, and support the overall goals of the business.
Designed with manufacturers, distributors, service companies, retail, and hospitality in mind, SuiteSuccess offers this kind of business visibility so you can focus on your business needs.
Companies already satisfied with some of their existing systems—but wanting to gain the benefits of cloud ERP—can rest easy knowing that NetSuite’s open application programming interfaces (APIs) enable direct integrations with other programs. They also allow you to converge your data across channels, thus ensuring a 360-degree view of activity across your entire organization.
NetSuite SuiteSuccess offers extensive financial reports and sales metrics, and operational insights give you reliable data that can be used to make sound business decisions.
These comprehensive financial reports include:
Product Profit Margin percentage
Gross Profit Margin percentage
Operations Profit Margin percentage
Net Profit Margin percentage
Current Ratio
EBIT & EBITDA
FCF & FCF to Debt
OCF/Sales
Asset Turnover
Current Ratio
Operating Cash Flow Ratio (the Cash Flow Statement provides an overview of all of your company’s cash inflows and outflows during a given period)
Cash Generating Power Ratio
Inventory Turnover
Total Liabilities
Return Assets
Return Equity
Debt to Equity
Long Term Debt to Equity
Even better, you can get started with NetSuite on the SuiteSuccess Financials-only module to suit your business needs. This allows you to maintain a pulse on the business in real-time, 24/7/365. A true cloud ERP, NetSuite reduces the time it takes to close financial books, complete audits, manage IT, and support customers.
The Balance Sheet Dashboard, for example, provides a real-time snapshot of your company’s assets, liabilities, and stockholder’s equity. You can drill down into the data by filtering the dashboard based on company subsidiary, currency, location, or other parameters.
With Netsuite SuiteSuccess as a foundation, BCS ProSoft removes the barriers of traditional ERP implementations via a transformative model that helps customers realize their business visions in record time.
This not only improves overall implementation outcomes but also leads to more satisfied customers that align with the NetSuite Certified Partner for the long term—and in some cases, 30+ years.
NetSuite breaks down the SuiteSuccess methodology into these five phases:
Define expectations, goals, and objectives to provide program oversight and execution guidance.
Identify risks and dependencies, then uncover and examine key aspects of your business.
Define and execute the project, then document all internal processes for knowledge transfer.
Deploy new processes and systems, then provide support for you and your team.
Review opportunities to optimize your solution and maximize performance.
By packaging the experience gained from tens of thousands of deployments worldwide amassed over two decades into a set of leading practices, Netsuite SuiteSuccess paves a clear pathway to success for companies operating in many different industries. Intelligent, staged implementation begins at initial contact and spans the entire customer lifecycle, with seamless continuity from sales to services to support.
Having shepherded hundreds of companies through the NetSuite ERP implementation process, BCS ProSoft provides the people, process, and technical support that your company needs for a successful NetSuite SuiteSuccess implementation.
Well-versed in all aspects of SuiteSuccess, our team has industry expertise and knows what questions to ask and deploys SuiteSuccess Certified Consultants that will help your staff stay focused and productive while implementation is executed behind the scenes.
Having someone who is familiar with your team and your business’ granularity enables a more customized and impactful solution that’s easily adopted and utilized for maximum ROI. As an established value-added reseller (VAR), BCS ProSoft employs consultants at our offices in major cities across the nation, stays up to date with the latest NetSuite improvements, and helps your company extract the most value from your technology investment.
When it comes to ERP implementations, we know that you have your choice of technology partners. Our NetSuite consultants can help you improve upon their current success, take advantage of technical know-how, or simply get a crash course in NetSuite.
Regardless of your company’s size or industry, the faster your business gets on NetSuite the faster it can grow. With SuiteSuccess, BCS ProSoft helps companies meet their 100-day implementation targets and start realizing the benefits of a leading, cloud ERP quickly.
NetSuite provides a platform for managing your customer relationships. The service includes a customer database, contact management, and marketing automation tools. The goal of the service is to help you manage your customer relationships more effectively.
NetSuite can help your business by providing a platform for managing your customer relationships. The service includes a customer database, contact management, and marketing automation tools. The goal of the service is to help you manage your customer relationships more effectively.
Netsuite is designed to help organizations improve their business processes and better manage their operations. It can help you improve your business processes and make your operations more efficient.
Here's how:
Continuous Customer Lifecycle Engagement ensures seamless continuity from sales to services to support.
Full visibility across the organization to operate at the speed of modern business, drive results, and scale.
More than 3,000 hours worth of industry-leading best practices is already built into the system.
Nearly two decades of expertise across thousands of wholesale distribution deployments to drive value on Day 1.
100+ pre-built reports and pre-configured roles with dashboards and business intelligence metrics.