NetSuite is a powerful cloud-based ERP solution that streamlines and automates various business processes. It offers exceptional out-of-the-box features and remarkable flexibility for analytics, making it adaptable to meet the unique requirements of any business.
NetSuite offers a platform that can provide a range of analytics options to align the software with specific industry nuances, organizational sizes, and business objectives. This adaptability sets NetSuite apart as a top ERP solution.
However, the cost of NetSuite analytics and the variables that influence the pricing structure are often questioned.
Whether you are new to NetSuite or an existing user, this guide will provide you with valuable information on analytics and why you should choose GURUS for your next analytics project.
By completing the form above and speaking with one of our analytics specialists, you will gain a thorough understanding of how to strategize, plan, and allocate your budget effectively for your NetSuite analytics project in 2024.
Why should you improve your analytics in NetSuite?
Although NetSuite already offers a robust analytics platform, maximizing your instance’s reporting capabilities and tailored experience requires improvements from third-party solutions. These solutions allow businesses to use business analytics to solve problems, monitor performance, and identify opportunities.
These solutions enable organizations to predict scenarios and optimize outcomes by supporting advanced analytical techniques such as predictive modeling and optimization. There are many ways in which you can improve your instance’s analytics:
Artificial Intelligence
Use Machine Learning and AI technology to analyze NetSuite historical data and provide forecasting models and predictive analytics to optimize business outcomes and inform strategic decision-making.
Business Intelligence
A turnkey data warehouse and business intelligence platform designed to address common high-volume transactional data challenges within NetSuite.
Top 7 Benefits of Improved NetSuite Analytics
01
Data-Driven Decision-Making
Enhanced analytics provide businesses with deeper insights into their operations, enabling informed decision-making based on accurate data rather than intuition or guesswork.
02
Increased Efficiency
By analyzing data more effectively, businesses can identify inefficiencies in their processes and take steps to streamline operations, leading to cost savings and improved productivity.
03
Enhanced Customer Insights
NetSuite analytics can help businesses better understand their customers' preferences, behavior, and needs, enabling personalized marketing strategies, improved customer service, and ultimately, higher customer satisfaction and loyalty.
04
Forecasting and Planning
Advanced analytics capabilities enable businesses to forecast future trends more accurately, helping them plan inventory levels, staffing requirements, and financial budgets more effectively.
05
Compliance and Risk Management
By analyzing data related to regulatory compliance and risk factors, businesses can ensure that they remain compliant with relevant laws and regulations and proactively manage potential risks.
06
Competitive Advantage
Leveraging NetSuite analytics allows businesses to gain insights into market trends, competitor performance, and emerging opportunities, providing them with a competitive edge in their industry.
07
Real-Time Insights
NetSuite analytics can provide real-time visibility into key performance indicators, enabling businesses to respond promptly to changing market conditions, customer demands, and internal operations.
Do I need a NetSuite Analytics Warehouse?
Do you want to access faster, deeper, and more accurate insights to drive your business growth? If so, you might need a NetSuite data warehouse for analytics.
A NetSuite data warehouse, such as the GURUS Data Warehouse for NetSuite, consolidates multiple NetSuite and non-NetSuite data sources into a single repository, providing optimized data models for business-centric analytics.
It supports standard and custom NetSuite tables, records, and fields, minimizing deployment costs, and offers seamless integration with leading data visualization tools like Google Data Studio, Microsoft Power BI, and Tableau.
At GURUS Solutions, we specialize in delivering NetSuite data warehouse solutions tailored to your specific needs. With our expertise, we can help you design, implement, and optimize your NetSuite data warehouse, empowering you to improve financial reporting, optimize inventory management, enhance customer service, and achieve other business objectives.
Why choose GURUS for your analytics needs?
GURUS Solutions, a top NetSuite partner with almost 20 years of experience, specializes in delivering successful NetSuite projects for businesses of all sizes and industries. They can assist your business in utilizing NetSuite analytics to align with your specific business goals and challenges.
By improving NetSuite analytics with GURUS Solutions, businesses can improve user experience, data quality, and accuracy, automate tasks and workflows, integrate with other applications and systems, and ultimately increase productivity and profitability.
GURUS Solutions offers a flexible and collaborative approach, called the Sherpa methodology, that involves the business owner and their team as much as they feel comfortable with. This approach addresses the strategic, business, technical, and change management aspects of the project.
Contact an Analytics Specialist to begin your Analytics project today.
