What is NetSuite?
NetSuite is a comprehensive and cloud-based enterprise resource planning (ERP) solution that empowers businesses with a unified platform to manage various aspects of their operations. From financials, customer relationship management (CRM), and e-commerce to inventory, HR, and beyond, NetSuite integrates these functionalities into a single, scalable system. Its versatility enables businesses to streamline processes, gain real-time insights, and optimize decision-making. As a leading NetSuite solution provider, we specialize in leveraging this powerful platform to tailor solutions that meet the unique needs of our clients, enabling them to achieve greater efficiency, agility, and growth.
What is NetSuite's Total Cost of Ownership?
The total cost of ownership (TCO) of NetSuite encompasses several factors beyond the initial subscription or licensing fees. It includes implementation costs, moduel costs, customization based on business needs, ongoing maintenance, and potential integration expenses. While NetSuite offers a cloud-based solution that eliminates hardware and infrastructure costs, TCO considerations involve training, support, and any additional modules or functionalities required. Despite initial investments, the TCO often proves cost-effective in the long run due to reduced IT overheads, increased operational efficiency, and scalability. As a NetSuite provider, we assist in analyzing TCO comprehensively, guiding businesses to make informed decisions and optimize their investment for long-term success.
What licensing options do I have with NetSuite?
Suite Success
NetSuite SuiteSuccess presents a comprehensive solution consolidating all facets of business management within a singular system. Drawing from over two decades of worldwide deployments and leveraging insights from numerous experiences, NetSuite SuiteSuccess encapsulates best practices, expediting your implementation process for swift operational launch.
NetSuite SuiteSuccess offers diverse licensing options. The standard edition license caters to companies with a capacity for up to 30 NetSuite users. Meanwhile, the premium edition is tailored for businesses necessitating access for 30 or more users.
Limited Edition
NetSuite's Limited Edition licensing provides a streamlined solution for small to midsize businesses seeking essential functionalities at a cost-effective level. Tailored specifically for smaller operations, it offers core features such as financial management, sales, and CRM capabilities within a user-friendly interface. This edition enables businesses to efficiently manage their operations, optimize workflows, and gain insights without overwhelming complexity. Its scalable nature allows for potential growth, making it an ideal starting point for companies looking to leverage NetSuite's capabilities while staying mindful of their budget and resource constraints.
Mid-Market
NetSuite's mid-market solution caters to businesses that have outgrown basic systems but may not require the full-scale enterprise suite. This offering provides a robust set of functionalities beyond the essentials, including advanced financials, CRM, inventory management, and e-commerce capabilities. Tailored for midsize companies experiencing growth and complexity, it offers scalability, customization options, and integration abilities to adapt to evolving business needs. NetSuite's mid-market solution empowers organizations to streamline operations, enhance decision-making with real-time data, and foster sustained growth through a comprehensive yet adaptable platform.
Enterprise
NetSuite's Enterprise Edition is a comprehensive and powerful solution designed for large-scale businesses and enterprises. It offers a wide array of advanced functionalities, including robust financial management, sophisticated analytics and reporting, advanced procurement, supply chain management, global consolidation, and multi-subsidiary support. This edition provides scalability, customization capabilities, and a high level of flexibility to adapt to complex business requirements and industry-specific needs. With features tailored for extensive operations, NetSuite Enterprise Edition empowers organizations to streamline processes, drive efficiency, gain actionable insights, and maintain agility in a dynamic business landscape, making it a top choice for enterprises seeking a fully integrated, scalable, and customizable ERP solution.
NetSuite End-to-End Solutions
Why Partner with OpenTeQ
OpenTeQ’s NetSuite Services can help you kick start your digital transformation journey swiftly and efficiently, while delivering a high return on investment. You can benefit from our years of successful implementation experience and make the most of our knowledge and skillsets to accelerate business performance.
Top NetSuite Partner
NetSuite package implementations
Industry Specific Modules
Global delivery model
Qualified pool of resources
Strategic consulting
How do OpenTeQ's IndustryActivation help with the TCO of NetSuite?
- OpenTeQ’s IndustryActivations get NetSuite clients live quickly with pre-built modules
- The TCO (Total Cost of Ownership) is optimized by
- Not having to maintain complex customizations
- Staff starts NetSuite training with 1-2 months
- Low / Code integration approach enables integrations to be live in weeks not months
- Payment Orchestration empowers clients to get full control over their Payment and Payout Orchestration
- This reduces TCO by
- Reducing repetitive internal processes
- Providing the "Source of Truth" for 3-ay matching when it comes to payments and payouts
- This reduces TCO by
- Phase 2 planning is based upon the learnings of how the clients staff is using NetSuite
- This reduces TCO by
- Focusing on Product Backlog that was defined during the Phase 1 deployment phase
- We focus on
- Internal KPI aligned
- Internal ROI alignement
- We focus on
- Focusing on Product Backlog that was defined during the Phase 1 deployment phase
- This reduces TCO by
What is the advantage of working with a NetSuite Solution Provider like OpenTeQ?
- NetSuite Industry Veterans
- Certified Developers
- Deep knowledge of NetSuite’s partner eco-system
- Integration experts
- Payment Orchestration experts
- Expertise in how ERP fits into larger SaaS and OnPrem tech stacks
- Deep knowledge of multi-subsidiary and multi-tenant solutions
- Cross boarder ERP deployments w/ Commerce and Retail
Industry Activations
- Manufacturing
- QMS
- MRO
- Warehouse Distribution
- Medical & Life Sciences
Differentiators
- Focus on getting clients live quickly with pre-built customized modules that deliver value
- Combined experience of over 500+ NetSuite deployments over a 10+ years
- NetSuite Solution Provider
- On-Shore and Off-Shore development and support
- Support and Rescue project experts
- Core focus on training, operations and best practice for our clients
Why OpenTeQ?
- Global Delivery Model
- Local engagement Model
- NetSuite Solution Provider
- Staff Augmentation
- Nearshore Development
- Offshore Development
- Dedicated Teams
- Certified Development Teams
- Mobile App Development
