If you are a business professional who is looking for a web based ERP (Enterprise Resource Planning) system and are considering NetSuite as your service provider, we have a case study we would like to share with you. As you may already know, NetSuite is a 100% web based business management system and the number 1 cloud ERP and Financials Software Suite. NetSuite offers a complete web based business software solution to run your entire organization better. NetSuite is used by 12,000+ organizations worldwide and delivers accounting/ERP, CRM (Customer Relationship Management), Professional Services Automation (PSA) and Ecommerce—in a single, integrated business management software solution.
Some of the key benefits of implementing NetSuite include: real-time business intelligence that's personalized for every employee; acceleration of business processes, from order management to procurement; an integrated suite of software that eliminates manual processes and reduces errors; a 360° view of customers across sales, marketing, service and finance; a reduction of educes IT costs by 50% or more, while delivering automated upgrades; and NetSuite is easy to access from anywhere with just a web browser or mobile device. With these key benefits in mind, it may be hard to believe that NetSuite can actually exceed many of your expectations. Let’s take a look at our case study: Adjacent Solutions.
Adjacent Solutions is a company offering IT consulting and management solutions, based out of Plano, TX. This company wanted to replace QuickBooks to reduce wasted time, billing inaccuracies, and lost money because of the need to manually rekey consultants' time data from various spreadsheets into QuickBooks. Adjacent Solutions employees were spending about 4 to 6 hours per month to enter data for each time sheet. While Adjacent Solutions knew it was losing revenues for consultant time that wasn't billed accurately, they couldn't correct the problem. Adjacent Solutions chose NetSuite to alleviate their challenges and the results speak for themselves.
With NetSuite, Adjacent Solutions saw the following extraordinary results:
- Improved accuracy in tracking consultants' billable time immediately increased monthly revenue by $17,000
- With greater efficiency and accuracy in time reporting, Adjacent Solutions has increased its projected yearly growth estimates by 33%
- Overall, automation of formerly manual tasks has reduced administrative overhead by more than 20%
- The company can now invoice on a weekly basic; previously, all invoices lagged 30 days behind and were billed monthly
- Also, the billing process now takes just one hour, compared to 16 hours previously
- More precise resource utilization has helped Adjacent Solutions increase profit margin and reduce client costs
- Management is now able to calculate profitability by project, which was impossible before
As a NetSuite Partner, The Vested Group was able to help Adjacent Solutions resolve some serious challenges and improve several business processes. If you are interested in a web based business management such as NetSuite, visit / for detailed information. We can show you how NetSuite can help your business reduce costs, refine process flow, and enhance customer relationships. To answer all of your cloud computing questions or for a free NetSuite demo, contact The Vested Group today!