These days, businesses are increasingly reliant upon digital software to keep their operations running smoothly — and for good reason! Thanks to the software NetSuite ERP, companies can become more efficient and profitable than ever before. Here is a closer look at the ways this software program can benefit your company.
1. Boost Sales Productivity
NetSuite ERP gives sales teams cloud access to all the information they need to guide prospects through the buyer’s journey. This program serves as a central hub for managing customer relationships, allowing team members to track vital information such as the last contact, highlight potential upcoming sales opportunities, and even manage orders and commissions.
A comprehensive management solution will boost the productivity of your sales team by ensuring that they are contacting the right prospects at the right times. Qualified leads won’t slip through the cracks or get annoyed by too frequent messaging. With better information, your sales staff will use their time more effectively and close more deals.
2. Improve Forecasting Accuracy
NetSuite’s tools take real-time sales data and current opportunities to create rich, accurate forecasting models. This makes it easier for management to get a clear overview of upcoming quotes and orders, as well as potential sales opportunities. With better forecasting and the software’s inventory management capabilities, management can better allocate resources to plan for periods of fluctuating demand.
This way, customers will always receive orders in a timely manner as your entire team is in the loop with the same set of information.
3. Optimize Decision-Making
Quality data leads to quality decisions. NetSuite ERP provides customizable dashboards and KPIs that focus on the metrics that matter most for your business’s bottom line. Business Intelligence tools provide real-time data that makes it easier to understand current trends and opportunities, giving management a better view of the big picture of trends affecting sales and profitability.
Most importantly, this information consolidates multiple sources of information into a single, comprehensive platform. Financial management, inventory management, and sales data are all brought together under one roof, resulting in more informed decision-making drawing from all involved parties.
Conclusion
By having a comprehensive resource, you can turn to for your company’s sales data at any time, you will be able to dramatically improve the output of your entire team. With a scalable, cloud-based solution like NetSuite ERP, you will be able to generate more sales while simultaneously reducing your need for expensive IT support. By enlisting the help of an experienced provider to implement such software into your workflow, you will be able to enjoy a seamless transition for your company’s future.
