NetSuite is a unified business management system. That, basically what that means is they provide financial accounting, ERP, CRM or customer relationship management and e-commerce solutions to allow companies to buy and sell products online. So, NetSuite’s history is focused and rooted out of the e-commerce world and the dot com era. Where you had a number of companies that were looking to buy and sell their products online. Many of them are wholesale distribution companies, manufacturing, retail.
NetSuite does a tremendous job in inventory management and fulfillment. Which allows these companies to be able to easily in one, kind of unified, integrated system provide that to their customers. Whether it be, B to B or B to C scenarios. The other great thing about NetSuite is from the very beginning its roots were built as a SACE or cloud product. So they understand the tremendous amount of savings and opportunity in infrastructure, database, storage and the efficiency to build these products. Again, as a single integrated system. Which makes it very affordable for a small, mid-market business to get into an easier manage solution that scales tremendously with their business.
If you’re in the e-commerce world or you’re looking to buy and sell your products and provide those types of applications. NetSuite might be the product for you.
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Matt Woodward is the Vice President of Cloud Sales at Rand Group, with over 20 years of experience helping small and mid-market businesses launch, transform, and scale their operations through cloud technology. His inspiring background combines over 14 years in leadership at Microsoft Corporation and 6 years in small business development and advisory as President of Piney River Ventures. A strategic leader and intuitive sales consultant, Matthew has a wealth of experience in cloud business model design and development for SaaS and IT Services, go-to-market strategy and execution, as well as financial forecasting on cloud subscription revenues. You can learn more about Matt HERE.