Every business goes through cycles of ups and downs, and certainty is rarely assured, especially during market disruption. To mitigate such risks and minimize the impact on businesses, technology can play a major role. However, the challenge is choosing the right tools and technologies and engaging with the right partners.
NetSuite partners in India (and globally) are certified experts skilled at studying a company’s existing processes, thoroughly analyzing operational methods, and recommending customized solutions that address specific business requirements. Some of the NetSuite partners in India, like Forsys, are not only experts in implementing solutions and providing continuous support for smooth operations, but they also leverage their experience and deep product knowledge to suggest best workflows, industry best practices, and ensure compliance with both local and global standards.
In this blog, we will explore how NetSuite partners in India can help Indian companies capitalize on technologies like NetSuite ERP to drive business growth.
Understanding the Role of NetSuite Products in Navigating Market Disruptions
Market disruption, in simple words, refers to any significant change or disturbance that alters the way businesses operate. Disruption is often a result of technological innovations, new products, shifts in consumer behavior, or economic and global events. These disruptions can challenge the traditional business ways and can push companies into a “Perish or Prevail” situation.
Yet, market disruptions can present both threats and opportunities. Only enterprises that quickly adapt to the conditions are more likely to prevail while others may struggle to survive.
For example, the rise of e-commerce disrupted the retail market, forcing brick-and-mortar stores to rethink their strategies. Businesses that moved to the online market tapped into a new flow of revenue and gained access to a wider market, while those who were reluctant to adapt saw a steady decline in their revenue.
In the pursuit of growth in adversity, technologies like NetSuite ERP can be beneficial. NetSuite ERP is a single, cloud-based platform that unifies all the business units and provides real-time data to help companies make the right decisions at the right time. Some of the key benefits of NetSuite ERP include:
Provides real-time data analytics and visibility across the organization, which helps in making informed decisions.
Automates routine processes, streamlines operations, and improves overall efficiency.
Improves supply chain management by tracking shipments, eliminates shipping delays, and optimizes procurement, inventory, and warehouse management.
Gives visibility into cash flow, expenses, and revenue to safeguard resources and aids in effective financial decisions. It also helps in accurately planning, budgeting, and forecasting revenue.
Ensures compliance with different standards – local, global, industrial, financial, and others, thereby mitigating various risks.
Facilitates remote work model by providing access to data from anywhere and anytime, which ensures business operations run smoothly.
Adapts to growing business demands without requiring additional infrastructure.
How NetSuite Partners Help During Market Disruptions
NetSuite partners are experts who can customize solutions for each customer, industry, and specific business needs. Their experience in delivering seamless implementations, reducing downtime, complying with different standards, and sharing industry insights can benefit companies for sustained and long-term success.
Here is how they make a difference:
NetSuite partners can be a source of immense experience in executing smooth implementation projects or upgrading existing systems, especially during the times of uncertainty. Their experience ensures the projects are delivered seamlessly without any effect on daily operations with minimal downtime. Their industry knowledge also allows them to anticipate potential challenges and proactively mitigate the impact.
Before implementing any NetSuite solution, these partners conduct a thorough analysis of a company’s existing processes, identify their pain points, review their methodologies, and understand specific business requirements. Based on the investigation, they recommend the best-fit solutions or customize them to address the unique challenges and suggest the right practices and processes to get maximum ROI from the implemented solution.
For long-term success, businesses should evolve as the market advances; and NetSuite partners can help enterprises adapt to the changes effortlessly. These professionals provide continuous support and system optimization services that enable companies to sustain and thrive in the changing market conditions.
Compliance with different standards is important for any business, but it becomes even more critical in times of disruption. NetSuite partners are knowledgeable in both local and global compliance requirements, which helps companies avoid penalties – financial and reputational.
Seasoned NetSuite partners offer industry and strategic insights to help businesses grow all the time. They tap into their deep industry expertise and sources to help companies stay ahead of the curve, follow best practices, and leverage innovative solutions to drive business growth and ensure long-term success.
What Are the Criteria for Choosing a NetSuite Partner in India?
When selecting a NetSuite partner in India, consider the following key factors:
Before selecting a partner, always check if the partner is certified and authorized by NetSuite to implement their products and adheres to NetSuite’s best practices. Also, evaluate their experience, the number of projects executed, customer stories, proven track record, and other credentials.
Every industry has its own challenges and requirements. Therefore, it is essential to select a partner who specializes in and understands your industry-specific challenges and can customize solutions accordingly. Yet, there are partners like Forsys, who cater to various sectors based on its vast experience and strong certified resource pool.
Try and choose a partner with a strong local presence. It can be specifically beneficial when you require on-site support or training. Local partners can better understand the regional market dynamics and can offer more personalized service.
Integrating NetSuite systems with other solutions is vital for a unified platform, data flow, and analytics. Therefore, find a partner who is skilled in seamlessly integrating different systems.
Before collaborating with a partner, ask for customer testimonials, case studies, and reviews. Get insights into a partner’s capabilities and the quality of their service, especially from customers of your industry and size.
Prominent NetSuite Partners in India
India has many prominent NetSuite partners, each offering different strengths. Listing a few names here:
Forsys
The partner is known for its expertise in executing complex implementations, integrations, and post-implementation services. It also leverages its experience in delivering customized solutions to meet specific business needs. They are particularly strong in manufacturing, healthcare, Hi-Tech, and Finance industries.
Capgemini India
As a global leader in consulting, technology services, and digital transformation, the company brings a pool of talented resources to its NetSuite implementations.
Conclusion
NetSuite ERP is an established product that is known for streamlining operations, enhancing efficiency, and improving overall performance of an enterprise. However, the success of a project largely depends on selecting the right NetSuite partner. From seamless execution to maximizing your investment in the ERP system, the right NetSuite partner can play a vital role. To choose the right patterner, shop around and do thorough research for a reputed partner, check their credentials, and look for their capabilities before engaging with them.
Whether you are looking to implement NetSuite ERP, SCM, or any other product, discuss with all the stakeholders, set clear expectations from the project, and outline measurable benefits. Make sure to partner with someone who not only has technical expertise but also a deep understanding of your industry and business goals.