Oracle NetSuite(A cloud-based ERP business management platform used by more than 32,000 organizations)
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What Is NetSuite?
NetSuite is a software company that has developed a cloud-based business management platform used by more than 32,000 fast-growing organizations across the globe. That platform consists of a suite of applications that help companies run their business, understand the performance of their businesses and drive major efficiency gains and cost savings.
The company’s ERP system manages core functions, including finance and accounting, inventory, orders and procurement. NetSuite gives you 360 customer view in that you can Track the customers how much they use how much there requirement
NetSuite uses the software as a service (SaaS) model. Ultimately, NetSuite gives businesses visibility and control through a single source of real-time information and the ability to add modules on the fly. That increases their efficiency and agility.
What is ERP?
An Enterprise Resource Planning (ERP) is a software solution that businesses employ to manage and organize everyday business activities such as accounting, financial management, procurement, human capital management, project management, risk management, compliance, supply chain operations, and customer relationship management.
A cloud ERP manages all these functionalities on a single cloud platform with integrated applications catering to industry and business-specific needs extending customizations when required.