NetSuite Helps Software Companies to Make BetterChoices: Faster and Seamlessly
By Tanuja Srivastava,Technical Consultant
A software company's USP is its decision-making ability, faster.
In the cut-throat competitive world of computers and apps, a company makes those tiny choices on a daily basis that can prove to be the difference between success and failure.
Australia tax rates have been updated, but with customers in Germany, you are based in Canada. How quick are you going to update your systems?
UX and UI for software are receiving a low rating. How quickly are you able to update it?
These and many more decisions must be taken by a software company, and you need data and statistics to take the final call. Within the shortest possible time, you need approvals and counterviewpoints.
It's here that NetSuite can prove to be a game-changer for software companies. NetSuite's in-depth knowledge and expertise in developing the fastest-growing cloud-based ERP and CRM systems in the world has allowed them to provide incredible support to software companies. NetSuite's technology module's functionality and characteristics help make quick decisions based on data and patterns.
Streamlining processes and concentrating on productivity
Using the Cloud computing capabilities of NetSuite, software companies can become more agile, scalable, and profitable. For example, SuiteTax, the own tax engine of NetSuite, solves 80% of tax-related issues with ease. Calculating taxes, reporting them, filing tax returns and more is automated, thus saving the software firms considerable amount of time.
NetSuite can help you to comply with the regulations and standards of GAAP, FASB, SEC and AICPA. Management can obtain real-time insights and data, which translates into faster decision-making processes as well as seamless plan execution.
In short, performance improves for the software company as the efficient cloud computing capabilities of NetSuite are taken care of by mundane tasks.
Save time & resources and make decisions more quickly
NetSuite provides real-time dashboards and insights that enable companies with software to make faster decisions and save time and resources.
For example, if you already know software-related UX and UI problems, you can quickly find out the solutions and deploy resources to meet the needs.
If you already know the trends in your customer's market and are aware of their competitors ' strategies, your company will be able to develop a better, robust solution that will push your customer towards success.
Since NetSuite is completely cloud-based, these real-time insights and information can be accessed on-the-go: phone, tablet, laptop and computer, your data and knowledge are always with you. Overall, NetSuite will set up a fast-growingsoftware company on a path of increased efficiencies to accelerate productivity and revenue growth.
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