Introduction

It’s no easy feat to manage a startup. From lead generation and sales to tracking growth and managing your finances, it can often feel as though every aspect of running your startup is pulling you in a different direction. Using an all-inclusive management tool, such as NetSuite, to run your startup can help you better stay on top of things and save you valuable time that can be better spent growing your business. This blog will outline the many benefits you’ll gain by using NetSuite for your startup that will keep you organized and make all your operations as efficient as possible.

Here are Five Things NetSuite can do for Your Startup

1. One Solution for all Areas of Your Startup

NetSuite allows you to manage every aspect of your startup. NetSuite is capable of monitoring your inventory and handling the eCommerce aspects of your business. NetSuite also provides comprehensive billing, invoicing, and accounting services. Typically, you would need separate tools to manage these aspects of your startup. With NetSuite, you can manage and view your sales and the money coming into your startup in the same space where your accounting is done.

You can even ditch your conventional email marketing service like MailChimp and move your email marketing campaigns over to NetSuite. The email marketing and audience segmentation functions on NetSuite allow you to conduct your email marketing and manage it in the same space as all of the other aspects of your startup.

Not only are all of your startup management tools on the NetSuite platform, but so are your performance metrics. From email marketing engagement to sales, every metric for measuring your startup’s success is available through the NetSuite dashboard. 

  2. Streamline Team Management

Having all of your startup’s information in one place also streamlines the management of your team. It makes it easier for you to make business decisions since every aspect of your startup is in the same location.

One of the best features in the NetSuite 2021.1 release which further streamlines team management is the ability for your team members to make changes to their timesheets. Previously, timesheet changes could only be made when a submitted form was rejected by a supervisor (a.k.a. you). The latest update now allows your team to make changes to submitted timesheets on their own, while you focus on growing your startup.

These features — and so many more — make it easier for you to run your business and devote more time to the decisions that matter the most, which are how to deliver better products and services and how to further your market reach.

   3. Help You Manage Your Time More Effectively

With everything pertaining to your startup in one place, you’ll spend less time switching between software applications. You can now spend this time strengthening customer relationships, developing creative advertising campaigns, or pursuing new leads — or anything else your startup needs, this freed-up time is yours after all! NetSuite gives you peace of mind that your startup information is accurately and securely stored, and can be easily accessed at any time.

  4. Provide Visible Performance Metrics

NetSuite shows you how every aspect of your startup is performing in real-time, so you’ll no longer need to track performance in separate software or compile performance reports manually. On the NetSuite dashboard, you will be able to see everything from marketing and engagement to conversion and revenue. This information will allow you to easily see what aspects are working well and immediately identify areas for improvement.

  5. Customizable to Suit Your Startup’s Needs

You know you need to be flexible and adaptable when growing your business, as these qualities allow you to overcome whatever challenges and obstacles you encounter while starting and growing your business. NetSuite offers flexible custom solutions to better suit your startup’s needs and help you overcome obstacles, be it with inventory management, keeping your finances in line, customer relationship management, or anything in between.

Conclusion

NetSuite provides a one-stop shop for all of your startup needs. Using NetSuite for startups will minimize the day-to-day stress of running your business by having everything you need in one place. It will also free up time which can then be spent making the best decisions to grow your business. NetSuite makes it simple to manage your team and track your startup’s performance. To see it for yourself, click here for your free 14-day trial.