Product OverviewNetSuite is a ERP software from Oracle that allows companies to streamline business processes and scale fast-growing business. NetSuite integrates and automates key functional areas like financial management, revenue management, inventory management, order management, billing, e-commerce, and CRM.

1. What Is Sap Erp

FeaturesNetSuite comprises seven inter-related modules, each of which draws data from a shared database. The Production Management module lets users manage global manufacturing operations, render manufacturing location irrelevant, increase on-time delivery and reduce quality cost.

Apr 08, 2018  Cons: sap erp is a little complicated software, it takes time for you to get accustomed to the interface.also many times you do not use the full features available. Also, it is industry specific and may not be wholly customised to suit the individual needs. But overall it is the best in erp.

Accounting?. Business Intelligence?.

Customer Relationship Management?. Human Resources?. Inventory Management?.

Product and Purchase Planning?. Supply Chain Management?Target MarketConsidered the most popular ERP software for mid-sized businesses, NetSuite targets its platform at businesses of all sizes.

What Is Sap Erp

It also markets directly to CEOs, CIOs, CFOs and controllers, and targets companies running the following software (because Netsuite integrates with each):. QuickBooks. Microsoft Dynamics GP. Sage. SAP. Deltek.

Epicor. Legacy On-Premise ERP. Implementation/IntegrationThe breadth of a NetSuite install will determine the amount of time needed to fully implement a system.

With that said, it’s reasonable to expect a window of anywhere from two to six months for the entire implementation.Once a contract is signed, NetSuite dispatches its Success Services team. This suite of services is led by an Experience Manager, who collaborates with you to identify key issues, determine business goals and recognize opportunities surrounding your system setup.

This planning between NetSuite and a customer leads to the development of a project road map.Customers can also subscribe to NetSuite’s Technical Account Management (TAM), a paid premium service that ensures customers are successful in solving technical challenges during and after implementation. Customer Service & SupportNetSuite offers a full array of support from standard help desk ticketing to do-it-yourself training courses.ERP maintains two levels of support: Basic and Premium.Every customer qualifies for Basic Support with any NetSuite subscription. Basic Support includes:. NetSuite’s SuiteAnswers Customer Access Portal for logging product issues online through a ticket system. Access to NetSuite Support User Group.

Online case submission. 2 authorized support contacts. 24/7 critical access.

10 hours of daily online support, customer local time (8:00 a.m. To 6:00 p.m.) Monday through Friday, excluding holidaysSubscribers to NetSuite’s Premium Support qualify for 24/7 services for high severity issues, as well as:. Access to NetSuite’s Toll-free Technical Center for 24/7 severity 1 & 2 issues. Call routing by product area. Severity prioritization with online case responses. 4 authorized support contacts. 24/7 non-critical access.

Weekend coverage. Early notification of new releasesA third level of support beyond Premium is available. Premium Support customers can leverage NetSuite’s Advanced Customer Support (ACS) as a managed service that proactively optimizes their NetSuite solution. A designated customer success manager pilots a dedicated solution team in ACS that addresses three tiers of ACS support – Monitor, Optimize and Architect.Oracle also offers a series of Professional Services for fee-based, one-off custom services for particularly unique issues.Furthermore, a full curriculum of training classes is available. These courses can earn participants NASBA-endorsed Continuing Professional Education (CPE) credits.

PricingNetSuite’s price is tailored to each customer, predicated on a set of givens, including ERP configuration, required add-on modules, total user count and contract length. Its base license costs $999 per month with access costs of $99 per user, per month.The NetSuite license operates as a subscription model and may be renewed annually or over longer intervals. Several prebundled vertical editions of NetSuite are also available, which can be useful in quickly identifying the package and modules that would satisfy a customer’s needs.For pricing specifics, contact NetSuite. We’ve also covered costs in our.

What is SAP?SAP stands for Systems Applications and Products in Data Processing.SAP, by definition, is also name of the ERP (Enterprise Resource Planning) software as well the name of the company.SAP Software was Founded in 1972 by Wellenreuther, Hopp, Hector, Plattner, and Tschira.SAP system consists of a number of fully integrated modules, which covers virtually every aspect of business management.SAP is #1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countriesOther Competitive products of SAP Software in the market are Oracle, Microsoft Dynamics, etc. What is SAP ERP? Why is it Required?The following video will explain the need for an ERP software like SAP in an enterprise. Click if the video is not accessibleThe very fundamental question for any beginners is why Enterprise Resource Planning also called ERP, is required? To answer this, let’s examine this typical business scenario.Suppose a client approaches a sales team asking for a particular product.

The sales team contacts the inventory department to check the availability of the product. To their surprise, the sales team found out that the product is out of stock. Data is maintained locally at the individual departments. Departments do not have access to information or data from other departmentsTo identify issues arising due to decentralized Enterprise management system lets look at the same business process again. The customer approaches the sales team for a product, but this time around, he needs the product, on an urgent basis.Since it is a decentralized process, the Sales Team do not have any real-time information access to the product availability. So they approach the Inventory department to check the availability of the product.

This process takes time, and the customer chooses another vendor leading to loss of revenue and customer dissatisfaction.Now, suppose the product is out of stock, and the Sales Team approaches the Production Planning team to manufacture the product for future use. Production Planning Team checks the availability of the raw materials required.In a decentralized system, raw material information is stored separately by Production Planning as well as the Inventory Department. Thus, data maintenance cost (in this case, Raw Material) goes up.The raw material information is available in two different departments Inventory as well as Production Planning. When sales team check a particular raw material required to manufacture the product, it shows the raw material is available as per the inventory, but as per the database of the production planning team, the raw material is out of stock.So, they go ahead and buy the raw material. Thus, material, as well as inventory cost, goes up.Once the raw material is available, the shop floor department suddenly realizes they are short of workers. They approach the HR, who in turn hire temporary employees at higher than market rates. Thus LABOR Cost Increases.The production planning department fails to update the finance department on the materials they have purchased.