In the most recent episode of the STT podcast, we spoke with Sergio Argote, a Certified Solution Provider for Oracle NetSuite in Latin America, and Aleck Ordoñez, certified in SAP FI S4/Hana and a Master in Business Analytics. Together, they shared valuable information on how Itos Cloud understands that organizations are constantly evolving, which has led them to provide solutions and processes that bring efficiency to management, development, and automation of business processes.

NetSuite ERP is an enterprise resource management solution that covers vital areas such as accounting, finance, inventory management, procurement, manufacturing, and more. Its primary focus is on helping companies plan, automate, and optimize their core operations. This includes managing internal resources, making it an essential ally in ensuring efficient administrative management.

On the other hand, NetSuite CRM specializes in customer relationship management and sales. It offers features that encompass contact management, sales automation, marketing, customer service, and customer-related data analysis. In summary, while NetSuite ERP deals with the internal processes of the company, NetSuite CRM focuses on sales management and customer relations. Both work together to enhance administrative management.

The main modules and capabilities of Oracle NetSuite are:

• Financial Management:
  • Accounting and finance.
  • Revenue management.
  • Fixed asset management.
  • Expense management.
• Customer Relationship Management (CRM):
  • Sales automation.
  • Marketing and marketing automation.
  • Customer service.
• Inventory and Supply Chain Management:
  • Inventory management.
  • Demand planning.
  • Procurement management.
• Manufacturing and Production:
  • Production control.
  • Manufacturing supply chain management.
• Project and Service Management:
  • Project management.
  • Professional services automation.
• Analytics and Reporting:
  • Custom report creation.
  • Dashboards.
  • Business analytics.
• Integration and Customization:
  • Ability to integrate with other applications.
  • Process and form customization.

Key benefits of NetSuite compared to other business solutions

One of the highlights of NetSuite is that it is the number one cloud-based ERP. This implies a more cost-effective implementation compared to other business solutions that require additional investments in servers and technology. With NetSuite, you can access your company’s information in real-time from anywhere in the world, significantly improving efficiency.

Another advantage is NetSuite’s adaptability to the specific needs of your industry through workflow, form, and business process customization. Oracle NetSuite also offers modules and industry-specific solutions, making it easier to meet common or specific needs.

If your company is considering transitioning from an existing ERP system to NetSuite, we share some valuable advice:

• Define clear goals and needs.
• Choose a reliable implementation partner.
• Plan a detailed schedule and budget.
• Train your staff.
• Manage resistance to change.

NetSuite helps you customize and configure the system quickly and reliably, facilitating a gradual transition that will positively impact your company’s productivity.

Security measures in NetSuite

NetSuite’s security is at a banking level, with powerful encryption that ensures secure user authentication. In addition, role and permission definitions allow precise control over sensitive information, providing peace of mind to companies using the platform.

How to get in touch with ITOS to optimize your business processes

If your company is looking for a solution to optimize its processes, ITOS is a specialist in NetSuite implementation. You can visit their website at https://www.itoscloud.com/ or contact the sales team led by Sergio Argote Franco at +57 3186306763. The consulting and sales team will guide you in selecting the necessary modules and features to meet your specific needs. Furthermore, they provide continuous support during the implementation process, ensuring your complete satisfaction with the use of Oracle NetSuite as your enterprise management system. Don’t hesitate to contact them to start optimizing your business operations!

Paola Alexandra Urrutia Communications

 Coordinator at Grupo STT