Enterprise resource planning (ERP) software has become an essential tool for businesses of all sizes looking to improve efficiency and visibility across departments. However, traditional on-premise ERP systems can be complex, expensive, and lack the flexibility today’s businesses require. This has led many to adopt cloud-based solutions like NetSuite.
Benefits of Moving to NetSuite
There are several compelling reasons for businesses to upgrade from their legacy systems to NetSuite, including:
Cost Savings
On-premise ERP software requires significant upfront capital expenditure as well as ongoing maintenance and upgrade costs. NetSuite is offered as software-as-a-service (SaaS), meaning it runs in the cloud rather than on local servers. This eliminates hardware costs and the need to manage infrastructure. Monthly subscriptions provide predictable operating expenses.
Agility and Scalability
Legacy systems often involve lengthy, complex updates. This makes it difficult for businesses to adapt their ERP as they grow or requirements change. NetSuite delivers continuous, cloud-based updates so customers immediately benefit from new features and optimizations. The system easily scales up or down as needed.
Real-Time Analytics and Reporting
On-premise solutions feature batch processing and limited real-time visibility. NetSuite’s cloud architecture offers real-time insight into key metrics across the system. Customizable dashboards and reporting allows businesses to make decisions faster.
Industry-Specific Editions
While traditional ERP tools take a “one size fits all” approach, NetSuite offers tailored solutions for companies across all major industries. Pre-configured dashboards, workflows, KPIs and reports cater to industry-specific business needs out of the box.
Global Capabilities
On-premise ERP tools aren’t equipped for global business, falling short in critical areas like currency conversion, taxation, and regulatory compliance. NetSuite provides complete multi-subsidiary management and 187+ currencies, supporting complex international operations.
To summarize, NetSuite helps modern businesses reduce IT costs, quickly adapt to market changes, gain company-wide transparency, leverage industry best practices, and confidently take the leap into new global markets.
Why Switch from Microsoft Dynamics Great Plains?
One major driver moving ERP adopters towards NetSuite is the limitations of platforms like Microsoft Dynamics GP. As a legacy on-premise system powered by an outdated technology stack, Dynamics GP lacks much of the features, flexibility and ease of use Enterprise-level businesses require today.
While Dynamics GP attempts to compete via bolt-on cloud capabilities, this band-aid approach still can’t match the native advantages purpose-built cloud ERP platforms provide:
- True cloud delivery model for unmatched agility and scalability
- Continuous innovation and updates to take advantage of the latest technologies
- Modern, intuitive interface designed for any device
- Native connectivity between modules for complete visibility
- Industry-specific functionality instead of rigid “out of the box” setup
Businesses utilizing older technology like Dynamics GP inevitably reach a tipping point where maintaining these unwieldy systems drains resources that could be better leveraged elsewhere. By embracing purpose-built solutions like NetSuite, leadership can empower their organizations to become more strategic, efficient and competitive for the long term.
Why Not SAP Business One?
SAP Business One presents itself as an affordable ERP choice for SMBs. However, there are several factors to consider before choosing SAP B1 over NetSuite, such as:
Limited Scalability
Businesses often outgrow SAP B1’s infrastructure and functionality long before they would outgrow NetSuite. While SAP B1 is designed for smaller companies, NetSuite readily supports small, mid-market and enterprise level clients.
bifurcates the product into different data centers and user experiences. Lacking flexibility, SAP B1 can’t adjust to changing business requirements over long periods of time.
Gaps in Functionality
While suitable for lighter manufacturing, SAP B1 lacks extensive capabilities seen in NetSuite for inventory management, supply chain operations, CRM and omnichannel commerce. Additional licenses are required to enable complete financials, manufacturing or industry solutions.
Implementation and Ownership Challenges
SAP B1 ownership costs often eclipse service fees and subscriptions over long periods of time. The SAP B1 ecosystem provides little transparency between partners, leading to organizations feeling stranded. NetSuite is handled as an end-to-end solution with streamlined paths for implementation, issue resolution and ongoing optimization.
As SAP B1 is priced attractively against other offerings in the SAP portfolio, it appeals to many smaller companies initially. But industry leaders advise SMBs to plan ahead and consider the long term tradeoffs between SAP B1 limitations and future-proof solutions like NetSuite.
Why Choose Anchor Group for NetSuite Implementation
Selecting the right partner can make or break a NetSuite implementation and determine long term solution success. With over 18 years guiding NetSuite projects, Anchor Group helps enable organizations to get the most from their investment. Their comprehensive offerings include:
- Proprietary implementation methodology refined across 1000+ projects
- Deep NetSuite administration expertise from SuiteCloud Developer Network (SDN) certified consultants
- Vertical-specific functionality guidance honed in wholesale/retail, software/technology, manufacturing and services industries
- Custom reporting and analytics via best-in-class SuiteAnalytics practice
- Change management planning to drive user adoption and productivity
Anchor Group is uniquely positioned based on the institutional knowledge they’ve accumulated as one of NetSuite’s original partners. They provide personalized attention through unmatched access to leadership, architects and subject matter experts.
The collective experience of their globally capable team leads to implementations strategically tailored for long-term client growth. Their premier status as a 5-star NetSuite partner demonstrates Anchor Group’s capability to deliver transformative results that evolve alongside dynamic business landscapes.
Let me know if you would like me to modify or improve any part of this draft. I aimed to provide an overview of key reasons businesses choose NetSuite over legacy ERP systems as well as reasons to specifically work with Anchor Group for NetSuite implementations and optimizations, per the outline you provided. Please provide any feedback so I can refine the post to meet your needs.
