As businesses grow, they often struggle to manage their increasingly complex financial and operational processes. This is where NetSuite comes in – an all-in-one cloud-based platform that provides a unified financial, supply chain, and customer relationship management solution. In fact, according to a study by Gartner, NetSuite was the fastest-growing financial management system in 2020, with a 34.2% growth rate.
However, implementing and optimizing NetSuite can be daunting, especially for businesses with limited resources and expertise. This is where a NetSuite consultant can make all the difference. A NetSuite consultant is a certified expert who can provide businesses with the guidance, support, and expertise they need to implement and optimize NetSuite for maximum efficiency and ROI.
According to a survey by NetSuite, businesses that work with a NetSuite consultant are more likely to achieve their implementation goals and are more satisfied with their implementation experience. In fact, 85% of businesses surveyed reported that their NetSuite implementation was successful, and 80% said that their consultant played a critical role in that success.
But the benefits of working with a NetSuite consultant go beyond implementation. A NetSuite implementation consultant can help businesses tailor NetSuite to their unique needs and requirements, develop customized workflows and processes, and provide ongoing support and guidance to ensure continued success. In today’s fast-paced and competitive business environment, businesses need every advantage they can get – and partnering with a NetSuite implementation consultant is one of the best investments they can make.
When Should Businesses Hire a NetSuite Consultant?
Businesses should consider hiring a NetSuite consultant when they are looking to implement or optimize their use of NetSuite. A consultant can provide expertise, guidance, and support throughout the entire process, from initial planning and setup to ongoing maintenance and support.
Here are some specific situations when businesses should consider hiring a NetSuite consultant:
- Implementation: If a business plans to implement NetSuite for the first time, a consultant can help ensure a successful rollout. They can provide guidance on best practices, assist with data migration and system setup, and help develop customized workflows and processes.
- Optimization: If a business is already using NetSuite but feels they are not fully leveraging the platform’s capabilities, a consultant can help optimize their system use. They can identify areas for improvement, develop customized solutions, and provide ongoing support and guidance.
- Customization: If a business has unique requirements that the out-of-the-box NetSuite functionality does not meet, a consultant can help develop custom solutions to meet their needs.
- Training: For new employees, a consultant can help them learn the ins and outs of NetSuite and provide the necessary support and training to the company.
Overall, businesses should consider hiring a NetSuite consultant to maximize the value of their investment in NetSuite and ensure long-term success. By working with a consultant, companies can ensure they are using NetSuite to its fullest potential, streamlining their processes, and driving growth.
Types Of Projects NetSuite Consultants Work On, With Example
NetSuite consultants work on various projects ranging from automating business processes and analyzing data to providing employee training and working with clients and their databases. One example of a project a NetSuite consultant might work on is highlighted in AlphaBOLD’s Kodiak NetSuite implementation case study. In this scenario, a high-growth company needed to migrate from QuickBooks to NetSuite to prepare itself for substantial growth in the future. NetSuite consultants began by researching to understand the client’s priorities and develop strategies for a successful implementation. NetSuite consultants bring a structured approach to identifying opportunities and creating roadmaps for businesses to optimize their platform use.
In conclusion, hiring a NetSuite consultant can be an invaluable asset for businesses looking to optimize their platform use. Whether implementing new features, customizing workflows, or providing employee training, a NetSuite consultant can provide expertise and guidance to ensure success. From the benefits of increased efficiency and cost savings to the ability to better prepare for an acquisition or other significant business change, there are many reasons why businesses should consider hiring a NetSuite consultant. With their experience and knowledge, NetSuite consultants can help companies to achieve their goals and thrive in a competitive marketplace.