What is NetSuite SuiteSuccess? And How Can It Boost Your ERP Implementation?

Some companies may be so unique that they need bespoke features throughout their NetSuite ERPs. And that would call for a system built from scratch. But honestly, not many require that level of customization. So, Oracle offers NetSuite SuiteSuccess.

All About Efficiency

SuiteSuccess is an implementation methodology that allows users to strike a balance between customization and standard features. The thinkers at Oracle NetSuite have realized that many companies within specific industries use the same functionalities. And so, their programmers have created a series of standard solutions that follow industry practices and fit businesses with similar needs. 

NetSuite’s experts have drawn on the company’s 20 years of experience to tailor these starter ERP systems for specific industries. In fact, they’ve built over 3,000 hours’ worth of best practices into each SuiteSuccess solution. Their preconfigured systems help eliminate lengthy, over-budget implementations and allow customers to benefit from NetSuite’s significant industry experience.

Most SuiteSuccess systems include pre-configured or commonly used:

• Reports
• Dashboards
• Roles
• Business Process Flows
• KPIs
• Industry Best Practices 

And as a business owner, you can choose from the following industry-specific editions.

• Financials First Starter Products
• Starter Services Agency
• Apparel & Footwear
• Health & Beauty Food & Beverage
• Manufacturing
• Nonprofit
• Media & Publishing
• Retail
• Software
• Wholesale Distribution 

A Faster Route to Go-Live

Naturally, businesses that choose a SuiteSuccess option don’t have as many ERP functionalities to configure. Therefore, they can get their systems up and running faster than a company working from scratch. For example, a SuiteSuccess customer can go from “zero to Cloud” in 100 days or less.

A Quick Returns on Investment

The faster you reach go-live, the sooner you see results. According to NetSuite, SuiteSuccess many customers experience a 45% to 70% reduction in the time it takes to close financial books. They also see their audit completion and support time decrease by 25% to 40% and their reporting time and resources cut by 40% to 55%. 

And, as everyone knows, time is money. So, SuiteSuccess also contributes to a healthier bottom line. For example, those who use it experience 40% to 65% reductions in their IT support costs and 45% to 65% decreases in their business continuity expenses. 

Allows for Extensive Customization

The SuiteSuccess concept assumes that parts of your workflow will look like other companies’ operations. However, NetSuite experts understand that you will still have unique needs. 

Therefore, SuiteSuccess is fully customizable. 

You could start with an out-of-the-box SuiteSuccess ERP and customize in phases. Or you could customize before taking your system online. You could even begin with a financials-only module and then expand to a full ERP over time. It all depends on your needs and capabilities.