NetSuite for Small, Medium & Large Businesses - For Enhanced Effectiveness and Control

  • Assim Gupta
  • Apr 5, 2022
  • 7 Min Read
netsuite for businesses to control and manage ERP

Article posted by

Assim Gupta


Assim Gupta is the CEO and Founder of Closeloop, a cutting-edge software development firm that brings bold ideas to life. Assim is a strategic thinker who always asks “WHY are we doing this?” before rolling up his sleeves and digging in. He is data-driven and highly analytical, yet his passion is working with teams to build unexpected, creative solutions that catapult companies forward.

Let’s Connect

Enterprise Resource Planning (ERP) solutions are the lifeblood of a business organization. Netsuite ERP systems streamline business functionalities and save the time and resources needed to stimulate growth, drive innovation, and give you a competitive edge. Netsuite is the most competent choice to build a unified cloud-based ERP platform for SMBs and mid-level organizations.

Businesses are furiously looking for fully integrated cloud-based management systems that enable the visibility, control, and agility to run and manage operations flawlessly. Netsuite ERP is an agile and flexible solution used to manage finance, orders, production, supply chain, inventory, purchase, and your business' human resources.

Foundation of Cloud-based ERP Systems

Netsuite originated in 1998 by IT expert Evan Goldberg with 'NetLedger.' Later in 2016, it was acquired by Oracle. Since Oracle was a key investor, it decided to continue with the foundation team of NetSuite and keep the business as an Independent Global Unit. NetSuite was the first cloud computing startup launched one month before Salesforce, the leading aggregator.

Why Choose Netsuite?

Netsuite is a comprehensive financial management solution that automates business finances and accounting processes. Netsuite consists of a bundle of modules that helps in managing other back-end and front-end functions like inventory, supply chain, CRM, manufacturing, order, marketing promotions, and many others. Organizations with service-oriented businesses can take advantage by integrating the NetSuite Service Resource Management tool to automate service-based processes.

Do You Know NetSuite SuiteCommerce is the True Champion for the eCommerce Industry.

Automate core finance

Netsuite ERP system eases financial management by keeping accurate records of cash flows, fixed assets, incentive compensation, dunning letters, and procure-to-pay. The extensive capabilities of this system allocate the analytical reports of business finances to help in making critical decisions. Control and visual monitoring of financial data improve the organization's economic productivity, efficiency, and operations.

Supports comprehensive functions of business

NetSuite comes with an array of modules that can be transformed and customized as per your company's requirements. The software integrates well with all your corporate processes without disturbing your business. It combines in one system from eCommerce to inventory management, from customer relationship management to human resources to advanced warehouse management, professional services automation, and services resource planning.

A unified system across the organization can help you improve financial reporting and cost management, streamline order management and procurement processes, and increase overall business productivity.

Real-time visibility

NetSuite allows you to customize dashboards and view real-time data, allowing you to make better decisions faster. You can build and view key performance indicators at any moment to help you make faster business choices.


NetSuite is the ideal solution for firms that are expanding and ambitious. NetSuite can quickly adapt and give firms the tools they need to stay up with their growth and maintain a competitive edge over their competitors; thanks to add-on modules, SuiteApps, powerful integration capabilities, regular upgrades, and more accessible customized functionalities.

Easy Integration

NetSuite's compilation of robust Application Programming Interfaces (APIs) facilitates the integration with other essential partner tools of NetSuite. However, your organization must be using other automation tools to perform specific operations; that's okay because that is where you'd like NetSuite as it embraces them, to easily integrate into its environment than migrate to a new add-on module that your staff is unfamiliar with.


NetSuite comprises 30 different applications and various add-ons. No wonder these modules are a lifeline for those who choose NetSuite for automating business functions. Customization is viable as per the business’s unique need to scale exponentially.

Business Challenges Solved by Netsuite

NetSuite is the world's most popular cloud ERP solution. It provides the capabilities to innovate and drive business growth without requiring the purchase of gear or significant up-front expenditure. The subscription licensing model's automatic upgrades help lower the total cost of ownership (TCO).

You can track the performance of your sales, manufacturing, and inventories in real-time by integrating this scalable solution into your organization. Share customer cards to manage your contacts jointly. NetSuite brings all of your data together in one location, avoiding double entry and errors. To make informed business judgments, you'll have the appropriate information at the right time.

It's all about problem-solving when it comes to finding the best software solutions for your company. Your company faces distinct issues that can be addressed in various ways. In the end, you want to find a solution that increases your efficiency and productivity while lowering your costs. NetSuite is one of them.

Netsuite is one of the most trusted cloud solutions in automating the technology sector and addressing adequate business needs. NetSuite is not used exclusively for automating finance but can turn various time-consuming, manual, and inaccurate business processes into productive, effective, and automatic business processes. It can enable the business to take on a wide range of issues, but here we are pondering upon a few significant challenges:

  • Junk of applications

    Small to big organizations use a combination of tools to facilitate their routine tasks like operations, inventory management, updating finance books, etc.

    NetSuite blends lower-tier program capabilities with industry-leading benefits for managing and processing company transactions in one place. Your data quickly travels throughout your entire firm using NetSuite's single, integrated solution, limiting room for error. This solution will save time and money by not transitioning from one software to another.

  • Manual processes

    High human intervention in performing every task in an organization becomes time-consuming. Heavy spending yet low productivity leads the way to adopt modern technology for performing functions at the organization. Netsuite is built to automate processes that waste time and resources. The Netsuite ERP system reduces personnel participation and increases the productivity and returns of organizations.

  • Remote access

    After Covid-19, working from home became a new trend for professionals. However, remote working is here to stay; back then, the existing IT infrastructure was not compatible to allow remote access. An essential first step for organizations is to dig out all the possible solutions to make remote work successful.

    Netsuite is a modern, fully cloud-based computing solution that fits the need for easy remote performance. This software authorizes remote professionals to securely access all the required data across the organization and keeps your business running from anywhere in the world. The cloud-based solution for your company may be accessed remotely via a web browser or NetSuite's app, allowing your staff to work from anywhere without missing a beat.

  • Data accessibility

    Large enterprises compiled of vast management teams knock out the easy accessibility of data across cross-functional teams leading to misconceptions in decision-making. Netsuite becomes a savior for businesses by giving them access to financial, operational, customer, personnel, and transactional data from across the organization. It facilitates integration with various other systems intended to visualize data run reports to provide a high-level overview or an in-depth account of business activity. The system works on a real-time approach where relevant data is easily and quickly accessible to every authorized person.

    NetSuite provides real-time dashboards that allow you to see essential performance metrics, current status, and historical data over a specified period. NetSuite's dashboard makes information ranging from customers and orders to revenue and predictions easily accessible. Plus, you get real-time visibility into your business from any web browser, 24 hours a day, seven days a week.

  • Data integrity

    Trouble spots for 60% of businesses are that their systems aren't fully integrated with their functionalities. NetSuite has powerful APIs that make it simple to integrate the system with other popular software programs, either directly or through a connector or integration platform (iPaaS). We've done NetSuite Salesforce integrations, Magento NetSuite integrations, and a variety of other NetSuite integrations.

  • Meeting expectations

    Netsuite is not the case where expectations don't meet reality. Netsuite integrated systems evolve to deliver promising results. Integrated Netsuite systems leverage organizations to achieve challenging goals in determining time and with optimum resources. Enterprises embracing this agile technology are a significant part of their IT infrastructure because they promise order accuracy, on-time delivery, and cost savings.

  • Customer retention

    For exponential growth, every business looking to acquire a new customer and retaining the existing one is critical. NetSuite increases the productivity of organizations and turns out to be more focused on achieving business goals.


As technology evolves, you can always find a better solution for your business system. What is essential here is to find the most competitive solution in the room, and NetSuite is the one. Netsuite fits the needs of startups, mid-size businesses, and large enterprises. Try it to experience our NetSuite professional services to know how powerful it is in addressing and solving real-world business problems.

Latest Technology Insightstitle icon

Stay abreast of what’s trending in the world of software development with our well-researched and curated technology blogs.

How to Enhance Software Project Delivery with DevOps Consulting

Know How to Enhance Software Project Delivery with DevOps Consulting

Delivering a software project is a challenging task, and numerous organizations struggle to com…

oracle cloud vs AWS

Oracle Cloud vs AWS: Make a Wise Choice as per Your Business Needs

Enter the world of cloud computing and you're faced with a difficult decision: which platform i…

crm implementation plan

How to Revolutionize Client Service With a CRM Implementation Plan?

Are you ready to revolutionize your client service and take your business to greater heights? O…

Why Businesses Need Custom Software Development in 2023

Why the Market Demands Custom Software Development: Explained

You've heard the saying, "The customer is always right." But what does that mean for businesses…

Top Tech Trends Driving CRM Innovation

Keep Up With the Times: Top Tech Trends Driving CRM Innovation

CRM (Customer Relationship Management) innovation is a vital aspect of modern business as it he…

How to Do Software Project Estimation

How to Do Software Project Estimation: A Complete Guide

Looking to estimate the cost and time needed to complete your next software project? You're in …

Closeloop CEO interview with Goodfirms

Interview with GoodFirms: Creativity is Critical to Bringing Ideas to Life Says Assim Gupta, Closeloop's CEO

Closeloop Technologies believes creativity helps achieve maximum growth in digital transformati…

Closeloop Recognized as Top 1000 Global Service Providers 2022

Closeloop is Now Among the Top 1000 Global Service Providers in 2022

United States, Dec 12, 2022- Closeloop Technologies, a leading software development company, ha…

Mistakes to Avoid While Implementing NetSuite ERP

12 Mistakes to Avoid While Implementing NetSuite ERP

Netsuite is a globally recognized business operating platform out-turn the growing companies to…

AI in E-commerce and Retail Store Development

AI in eCommerce and Retail Store Development

You may have heard about the benefits of AI in eCommerce, but did you know that AI can also be …

What Do You Understand by QA and Software Testing

What Do You Understand by QA and Software Testing?

It would be best if you study how to perform quality assurance (QA), regardless of whether you …

what is the right time to develop a custom software

When Is the Best Time to Develop Custom Software?

Software is running the world. While this claim has been made numerous times before, the import…

Outsource UI/UX Creation

UI/UX Creation – One of The Most Important Development Parts You May Want to Outsource

Have you ever considered hiring a UI/UX design agency? If not, this blog will tell you all the …

agile methodology for software development

Adopting Agile Methodology will Drive Faster Results - Explore How?

Today, businesses are continuously looking for new methods to remain competitive in the face of…

 Augmented Reality to Help Businesses

8 Clever Ways Augmented Reality Can Help Your Business

In this tech-savvy world where everyone is keen to know the latest trends in technology, it is …

saas vs custom sooftware solution

SaaS vs Custom Software Solution - Which One Fits Right for Your Business?

In the year 2022, it will be almost impossible to successfully manage a business, either a smal…

How to Develop a Feature-Rich Fintech App

How to Develop a Feature-Rich Fintech App in 2022

Technological advancements significantly impact various business sectors, and financial technol…


How to Hire Web Development Agency - Step-by-Step Guide

Building a successful website from scratch requires a lot of labor and, at the very least, desi…

How to Implement DevOps for Enterprises

How to Implement DevOps for Enterprise - Everything You Need to Know

The perpetual switch from the following technologies makes the business environment much more c…

AWS training & certification exam

Elevate Your Cloud Computing Career with AWS Certification Exams - Details Inside

The Amazon Web Services Certification program helps professionals gain credibility and self-ass…


The Estimated Cost of Developing an Ideal Dating App

When it comes to finding love, you don't need to go any further than your cell phone. In today'…


How Implementing Netsuite ERP Can Position You Strongly in Your Industry

You might think you have plenty of time to figure out the migration to NetSuite, but honestly, …

music streaming app development

A Thoughtful Guide on Music Streaming Apps- How to Create One, Features & Cost?

Music runs through the veins of most people, if not all. It is a significant part of our routin…

benefits to migrating your existing applications to the AWS cloud

Migration to Cloud Computing - AWS is the Best Choice

The world is progressing towards portable technologies, from mobile phones to remote work, to a…

How to Create User-Centric Enterprise UX Design

How to Create User-Centric Enterprise UX Design Effectively?

Technology is a wave: either sail the boat or sink out. The enterprises focused on automating b…

iot in electric vehicles charging stations

The Evolution of IoT in EV Charging Stations

The Internet of Things is another revolution in the technology world, leaving us wondering how …


Why to Choose React Native for Mobile App Development

With about 60% of the global population actively accessing the Internet, people need modern way…


Combinations and Permutations of Calculating Website Redesigning Cost

Determining the successful user data interactions and conversations is significant in revamping…


Professor Rana Nayar - A Visit to Closeloop Technologies

Professor Rana Nayar, a Ph.D. in English, a translator of poetry and short fiction from Punjabi…

cloud computing in fintech

Cloud Computing Shaping The Future of Fintech

Financial technologies are taking the business world by storm. The changing perception regardin…

 salesforce crm solutions for healthcare

Salesforce - Leading Player in the Game of Healthcare Management

In the healthcare sector, a cyclone of technology is impacting thousands of lives today. From A…

Custom ERP Software Development for Business Automation

Custom ERP Software Development - Ultimate Solution for Business Process Automation

In the dynamic world of business applications, one fixed solution for the constantly changing e…

cross platform app development using flutter

Flutter App Development - The Future of Modern-day Cross-platform Apps

While mobile devices were increasing significantly, the demand for mobile app development servi…

custom mobile app development process

Custom App Development Process - The Complete Guide

Whether big or small, businesses from different industries and start-up founders are taking cha…

cloud computing in logistics - benefits and limitations

Role of Cloud Computing in Logistics in 2023 - Benefits & Limitations

Cloud computing is one of the hottest technologies in this era of digital transformation that i…

mobile application development steps

6 Essential Steps You Must Follow to Develop a Feature-Rich Mobile App

We are living in a technology-driven world where almost everything is available at our fingerti…

Salesforce CRM Pros & Cons for Businesses

Is Salesforce CRM the Best Choice for Your Business? Pros & Cons

Customers are the most important part or lifeblood of a business. The way you onboard customers…

eCommerce store development With Shopify

Ultimate Guide to Build Profitable eCommerce Store With Shopify

To start an eCommerce business that becomes successful, the first step is to develop an enticin…

How to Start a Fintech Startup

Ultimate Guide on How to Start a Fintech Startup in 2022

Fintech or financial technology has become one of the most popular ideas for startups today. In…

Recruiting Software Development

Is Your Recruiting Software Ready for the Future of Work?

Recruiting software is a critical part of Human Resources Management (HRM). Basic functionality…

Top 5 Roles in Your Software Engineering Team

Are These 5 (Minimum) Roles On Your Engineering Team? They Should Be!

It can be very challenging and overwhelming to develop technology and software for a non-tech o…

Being Cheaper is Not a Competitive Advantage

Being Cheaper is Not a Competitive Advantage

As someone who attends dozens of startup pitches a month, “our product is cheaper” is a phrase …

Case Study: 6-Months in and Software Vendor Causes $160,000 Loss

Case Study: 6-Months in and Software Vendor Causes $160,000 Loss

PACEfunding’s Business Executive Is Shocked When The Vendor He Hired Fails To Deliver The Softw…

Control and Fear Aren't Your Company's Only Growth Problem

Control and Fear Aren't Your Company's Only Growth Problem

The Invisible Crushing Power of Software Why are companies afraid to partner with the vendors …

Software Bugs Risk $1.7 Trillion in Assets

Software Bugs Risk $1.7 Trillion in Assets

Painful Lawsuits: Huge Toll Taken on Executives at Uber, Equifax, St.Jude, and Provident Financ…

Startup Pitch Event, November 9th, 2017

Startup Pitch Event, November 9th, 2017

As my regular readers know, I frequently serve as a panelist in pitch events. Recently, I decid…

Startup Pitch Event, October 30th, 2017

Startup Pitch Event, October 30th, 2017

As my regular readers know, I frequently serve as a panelist in pitch events. Recently, I decid…

Startup Pitch Event, October 11TH, 2017

Startup Pitch Event, October 11TH, 2017

As my regular readers know, I frequently serve as a panelist in pitch events. Recently, I decid…

Startup Pitch Event September 26th, 2017

Startup Pitch Event September 26th, 2017

As my regular readers know, I frequently serve as a panelist in pitch events. Recently, I decid…

How Can MoviePass Be So Cheap?

How Can MoviePass Be So Cheap?

MoviePass caused major shifts in the movie industry when they lowered their monthly unlimited m…

User Experience is Key

User Experience is Key

There is nothing more tragic than a company with a great product that is hampered by poor user …

Investors Aren't Afraid of Smart Tech Outsourcing

Investors Aren't Afraid of Smart Tech Outsourcing

One of the most misunderstood fears entrepreneurs and startups have is that investors won’t inv…

Three Software Mistakes That Strangle Startups

Three Software Mistakes That Strangle Startups

I love meeting people who launch startups. Their energy and ambition inspire me. One of my life…