With roughly 90% (1) of all new ERP implementations in the cloud, evaluating cloud ERP solutions is a safe choice. And, as the world’s first cloud ERP solution, Oracle NetSuite ERP, configured by Softype, will reward your team with a perfect match to your business requirements. Ready to learn more about NetSuite ERP?
You may be wondering why it matters that NetSuite is a cloud ERP solution. Let’s take a more in-depth look at this topic.
Hybrid ERP Advantages:
Cloud ERP systems work with a combination of technologies connected by high-speed internet networks. They run on a vendor’s public cloud platform instead of an on-premises network, allowing your organization’s users to access them over the internet. These systems are maintained by a company specializing in the upkeep of servers, databases, and security. Once installed, the cloud ERP’s costs are predictable because the ERP vendor typically charges on a subscription model. A growing business can take advantage of this model instead of being hindered by server and software upgrade costs as it could with other solutions. This service makes it easy to scale up the tech stack as your business grows.
Cloud ERP Advantages:
As you can see, for most businesses, cloud ERP solutions are the best. If you are considering a cloud ERP solution for your company, why choose NetSuite ERP?
NetSuite ERP was built on the cloud from day one, making it an original cloud ERP solution. Founded by Evan Goldberg in 1998 under the original name NetLedger, it offered web-hosted accounting software. With time, the solution expanded to provide additional functionalities outside its initial accounting focus.
In 2016, Oracle officially acquired NetSuite, with the companies merging their combined resources to serve small to midsize businesses and global enterprises effectively. Today, the NetSuite ERP solution is an all-in-one cloud business management solution that helps organizations operate more effectively by automating core processes and providing real-time visibility into operational and financial performance. It includes a single, integrated suite of applications for managing accounting, order processing, inventory management, production, supply chain, and warehouse operations. NetSuite ERP gives companies clear visibility into their data and tighter control over their businesses.
Marketed directly and through global partners like Softype, NetSuite provides its software to thousands of clients in over 200 countries and territories.
You may wonder what distinguishes NetSuite ERP from its competitors. NetSuite ERP is a highly customizable and integrated platform ideal for managing the business processes of modern global companies. Since it’s a cloud-based solution, NetSuite requires no on-premise installation or infrastructure investment. Additional benefits include:
Establish visibility for your business – You can enable features like customizable dashboards, unified customer records, and real-time access, which help your team make insightful business decisions. These components create a highly efficient and personalized sales cycle, customer fulfillment, and satisfactory service processes.
Reduce Costs – Operational costs are reduced due to no hardware investments or additional maintenance costs. Based on the size of your business, the number of NetSuite users you require, and your professional goals, your NetSuite ERP price tag won’t break the bank.
Improve and centralize your processes – Any fast-growing business has a variety of systems running at a given time. Using NetSuite to centralize and automate processes reduces the additional personnel required to run these processes. This also means that you no longer must wait to hear back from what each department is doing. You can easily see it within NetSuite ERP.
Scale and Grow your Business – An essential benefit of NetSuite is its scalability. As your business grows, so does NetSuite. When you launch NetSuite, know that you have a partner for life (It’s a journey, not a destination). As you expand, you don’t need to consider changing ERPs every few years. The benefits of NetSuite are designed to suit you and your ever-changing needs.
Utilize NetSuite’s experience in your industry – With 24 years of cloud consulting knowledge, the NetSuite ERP SuiteSuccess is designed for just your industry. You can rely on Softype to customize it for your specific business requirements within your industry.
NetSuite ERP is both a brand and a product. – Many competitors use a brand name to represent different solutions, some acquired, and some built internally. As a potential client, you risk choosing the wrong software version, which they may eliminate in a few years. NetSuite code is the same for all its clients, although configured differently for different industries and companies (see NetSuite SuiteSuccess for more information). If you purchase NetSuite ERP, you will never need to worry that your software will face an end-of-life (and support) scenario.
Gartner, Inc is a technological research and consulting firm based in Stamford, Connecticut, which conducts research on technology and shares this research through private consulting, executive programs, and conferences. Through a series of market research reports that rely on proprietary qualitative data analysis methods to demonstrate market trends, Gartner publishes the magic quadrant annually, highlighting the leaders, challengers, niche players, and visionaries in the ERP vendor market.
Oracle NetSuite has been named a Leader in the year 2021 for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises. This marks the fourth year in a row NetSuite has received the honor. NetSuite ERP is one of only four vendors in the Leaders Quadrant and is recognized for its completeness of vision and execution.
A cloud ERP solution will likely offer your organization its best value. Based on its myriad advantages, it is no surprise that adoption rates for cloud ERP are said to be around 90% (1). It is safe to say that, at some point, your business will move to a cloud model. If you decide that time might be now, NetSuite ERP stands out due to the longest cloud track record in the industry. NetSuite uses this experience to design a best-of-breed ERP system recognized by its clients worldwide and by the Gartner Group experts.
To learn more about how Softype can help you with NetSuite ERP and NetSuite ERP SuiteSuccess, please connect with us.
References: (1) ERP Statistics, G2, January 22, 2021 by Rajendra Roul
Shrey holds a Master’s degree in Business Administration from the Australian Graduate School of Management, University of New South Wales, specializing in consulting.
With extensive experience in Enterprise Cloud Solutions (ERP) and Management Consulting spanning four continents, Shrey is equipped with the ability to bridge gaps between technology and business outcomes that will enhance customer experience. Having held leadership roles in consulting, advisory, and technology organizations across various geographies, Shrey brings a wealth of knowledge and a proven track record in general management, leadership, and business development. With excellent people management skills and a strong consulting background, Shrey is extremely passionate about adding value through technology and process re-engineering.
Shrey’s unwavering dedication to cultivate a high-performing, customer-centric culture at Softype will empower our team to reach new heights and become the best version of ourselves.
Juliana (Nana) holds a Bachelor’s degree in International Relations from Stanford University.
The first development of cloud computing found Nana working in this area with her own start-up. Understanding the benefit of consolidating data and systems into a single version of the truth, she then partnered with NetLedger (now Oracle NetSuite) to offer a fully functional Enterprise Resource Planning (ERP) system built exclusively on the cloud.
Nana’s expertise includes envisioning change and delivering value to growth-oriented businesses. Utilizing ERP technology and her advanced skills in process optimization, she streamlines processes, eliminates redundancies and manual processes, and facilitates digital transformations for Softype clients.
A ‘hands-on expert, Nana has, since founding Softype, participated in dozens of projects across 26 countries in the Americas, Europe, Africa, and all over Asia. Nana serves on the board of La Proteccion de la Infancia (Gota de Leche) and United Success Global.
Hugh holds a Bachelor of Science degree in Marketing Management from Old Dominion University.
As the son of a grocery store owner’s parents, Hugh started his marketing education early, beginning at around 10 years old. After beginning his Softype career in Sales, he discovered that additional marketing knowledge would be beneficial. He began to immerse himself in marketing education and in 2021, Hugh started a 6-month Digital Marketing certification course through the Digital Marketing Institute and American Marketing Association. After 4 months in the program, Hugh earned his Digital Marketing Specialist and Professional Certified Marketer certifications. In January 2022, he accepted a position change from Sales/Business Development to Digital Marketing Specialist.
Hugh’s mantra is: “If you think you can or you think you can’t, either way, you’re right.”
Terence holds a Bachelor of Science degree from the Polytechnic University of the Philippines with a major in Tourism Management.
Terence’s experience includes sales and marketing roles, particularly creating marketing strategies, promotions, and retention programs in the travel and tourism industry. Since joining Softype in 2021, Terence has been a prime driver of marketing insights and a facilitator of key marketing initiatives in the Asia Pacific region. Event management is his specialty, including both online and in-person events that attract potential Softype clients to engage with the brand. Additionally, Terence is the face of Softype to our clients in Asia and Africa, ensuring they receive optimal service.
Personally, Terence enjoys basketball, cycling, guitar playing, mecha (robot) modeling, and video games. His daily mantra is as follows: “I can do all things through Christ who strengthens me.”
Ebe holds a Bachelor of Science degree in Information Technology from Jomo Kenyatta University of Agriculture and Technology (JKUAT) in Nairobi, Kenya.
Ebenezer (Ebe) Mutungwa earned his Bachelor’s Degree in Information Technology from Jomo Kenyatta University of Agriculture and Technology (JKUAT). Ebe combines outstanding communication skills with expert knowledge of NetSuite ERP (5 years in pre-sales for NetSuite Africa). Although, as Softype’s Sales officer for the African continent, Ebe works with organizations in various industries, he has a soft spot for nonprofit organizations. A previous
NGO manager, Ebe understands their challenges and demonstrates how they can leverage the Oracle NetSuite ERP and NetSuite’s Social Impact program to support their mission.
When not working, Ebe enjoys traveling, jogging, playing the guitar, and spending time with family and friends. His words to live by are “Through it all; all is well.”
Jack attended the University of the Philippines, majoring in Hospitality Management.
Jack’s experience includes 4 years in the broadcasting industry and more than 33 years in enterprise information technology solutions sales. In the broadcast industry, Jack learned to match his style to anyone’s; he uses this skill today to communicate in a manner his clients appreciate. Jack combines empathetic listening skills with IT solutions knowledge to understand the finer points of what his customers require, need, and want.
Jack prizes spending time with his family. When he has time, he enjoys listening to music and watching soccer and mixed martial arts.
Chris holds a Bachelor’s Degree in Accounting from Florida Atlantic University, an MBA from Florida State University, and is pursuing a DBA degree from AMA University.
Chris has more than 16 years of software sales experience, including 13 years in ERP sales with Oracle and SAP. Combining his ERP and accounting knowledge (CPA), Chris finds the right solution for our clients. He dives headfirst into the details of his team’s engagements, ensuring that Softype’s solutions are always the best fit. Others describe Chris as action-oriented, hands-on, and accountable.
Personally, Chris enjoys tennis, squash, badminton, biking, and reading. He also enjoys leading others to change their lives by providing personal guidance. His words to live by are “Who Dares Wins.”
Upendra holds a Master of Business Administration degree from Indus Business Academy in Bengaluru, India. His credentials include the academic specialties of Information Technology and Marketing.
Upendra’s experience includes business consulting and business process re-engineering. He brings more than 17 years of technical solution development experience to Softype. He counts experience in Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Supply Chain Management (SCM) integration projects in the manufacturing, telecom, healthcare, retail, banking, and insurance industries. He is proficient in procurement solutions and complex regulatory and compliance areas. Upendra also counts additional product management experience in the health care industry.
Joining Softype in 2021, Upendra brings a capability for hyper learning and an outstanding attitude, two traits in the Softype DNA, and is always a pleasure to work with.
On a personal note, he enjoys HAM radio operations and watching cricket matches. Upendra’s philosophy of life is summarized in his daily mantra: Past is history, future is mystery but today is a gift; that’s why it’s called present.
Pooja holds a degree in Engineering from the University of Mumbai. She has also completed an MBA focusing on accounting and business processes.
Pooja’s association with Softype began in 2012. She joined Softype as a Junior Functional Consultant. From the beginning, she was engaged in working with clients, specializing in training clients to undergo digital transformations successfully. Pooja developed a knack for visualizing ERP solutions to inefficient processes and communicating her vision to clients.
Pooja automated manual processes using the NetSuite ERP solution, thereby improving worker productivity. As her experience grew, Pooja received promotions to Senior Functional Consultant and Product Manager. She mentors junior colleagues in technical and business processes and, in so doing, helps evolve and propagate the Softype company culture.
Pooja understands that NetSuite ERP is the cloud ERP provider of choice because of the ease with which it can be adapted to different industries, its intuitive User Interface (UI), and the speed with which Softype can successfully implement it (a few months).
Pooja delights in working with customers in different countries. Her patient approach to managing change and guiding subordinates has won her praise from clients and co-workers
alike.
Prachi has a Bachelor’s degree in Electronics from the University of Mumbai and a Master’s degree in Computer Science from the University of Texas.
Prachi began her working career in the US (California). Over the years, she has moved from a purely technical role to a techno-functional role. As a techno-functional consultant, she can work with business, functional, and technical teams. Her specialty is implementing and customizing systems aligned with industry best practices. During her tenure of service, Softype promoted her five times in five years, culminating with her current position. Versatile and dynamic, Prachi cherishes a fast-paced work environment that allows her professional skills to grow. Her work is in the K-12 and tertiary education domains. She oversees the Softype education ERP (edERP) product development and management. The edERP product continues to evolve and expand due to new requirements in an ever-changing education sector. This gives her a chance to grow by constantly reinventing herself.
Prachi’s passion is to help educational institutions grow by migrating their enterprise-wide resources to cloud based systems. She believes that “Given new situations, the market for edERP, i.e., education on the cloud service, is here to grow. It’s about how we best serve it.”
Manisha holds a Bachelor’s degree in Physics from the University of Mumbai.
Manisha is the delivery manager for Softype’s ERP services. Experienced in project planning and execution, she provides leadership for all Softype’s solution consulting and implementation activities. Manisha began her career at Softype, working in all of its various departments, culminating in her selection as a member of the Executive team. Manisha has experience in all aspects of project organization and delivery. An excellent team manager, Manisha ensures that customer projects get the optimum resources required, facilitating minimal risk implementations that meet delivery schedules. Manisha’s expertise and guidance are significant factors in ensuring, that, unlike many ERP vendors, Softype implementations are delivered successfully and on time.
Moses holds a Bachelor’s Degree in Commerce from the University of Mumbai, specializing in Accounting and Economics.
Moses has more than 15 years of experience in ERP implementations and rollouts in a wide variety of industries across multiple geographies. He has engaged with clients across the Americas, Europe, the Middle East, and Asia. Building on this experience, Moses helps Softype’s customers manage the financial complexities of multi-books, multi-currencies, multi-exchange rates, landed costs, and the myriads of tax regimes such as sales tax, VAT, GST, and others that impact businesses. Working with Softype’s customers, Moses brings his experience to bear on their challenges of dealing with budgets, cash flows, currency revaluations, and financial controls.
Shrey holds a Master’s degree in Business Administration from the Australian Graduate School of Management, University of New South Wales, specializing in consulting.
With extensive experience in Enterprise Cloud Solutions (ERP) and Management Consulting spanning four continents, Shrey is equipped with the ability to bridge gaps between technology and business outcomes that will enhance customer experience.
Having held leadership roles in consulting, advisory, and technology organizations across various geographies, Shrey brings a wealth of knowledge and a proven track record in general management, leadership, and business development.
With excellent people management skills and a strong consulting background, Shrey is extremely passionate about adding value through technology and process re-engineering.
Shrey’s unwavering dedication to cultivate a high-performing, customer-centric culture at Softype will empower our team to reach new heights and become the best version of ourselves.
Dr. Arvind holds a Bachelor’s degree in Electrical Engineering (MIT, Cambridge, Massachusetts), a Master’s degree in Management (MIT Sloan School) and a Ph.D. in Engineering Economic Systems (Stanford University).
A dedicated teacher and mentor, Arvind believes in Leadership through inspiration. Trained as a mathematical modeling and optimization analyst, Arvind focused his early career on developing tools to enable company growth. He worked with Fortune 500 companies to adapt their use of technology for growing new, evolving markets. Presently his efforts seek to expand these tools to small and medium enterprises.
Since co-founding Softype, he has channeled his energies to help international organizations grow by leveraging the benefits of technology, including process optimization and automation.