Many business leaders in the financial, manufacturing, retail, and software industries have succumbed to using software systems like QuickBooks to maintain their spreadsheets because of their low cost and ease of use. However, many of these business professionals would end up noticing inaccurate information and incompetence in critical areas of the program. They have also witnessed their employees floundering when they were looking for that one important spreadsheet. Not only that, but the systems would actually freeze and crash when things got too complicated! These businesses had simply gotten too big and complicated for QuickBooks and they could no longer make knowledgeable and informed business decisions quickly. No matter the industry, many of these businesses ended up switching to NetSuite. After only a few months after their spreadsheet switch, they soon realized how vital NetSuite was to their business operations. The rapid implementation got them up and running quickly with KPI’s tailored to their industry, industry-specific functions, and built-in process flows. These business leaders soon learned why NetSuite is the number one cloud ERP solution, which is why we recommend it to all our clients. Is Your Financial Software Failing You? Startup companies are not the only clients we have introduced to NetSuite. From CPA firms and software companies, to manufacturers and media and publishers, NetSuite can be tailored to all of your individual finance and business needs. Here are four questions we ask our clients when they first come to me complaining about their business’s spreadsheet capabilities:

1. Is your staff manually entering and reconciling data across many different, contrasting systems? If information and data are being manually transferred between numerous systems, both you and your clients will be waiting for answers. For example, your employees may be wasting hours every week manually inputting order information, only to have another co-worker have to copy these details into another sales spreadsheet. Or, they are hunting for that one spreadsheet when everything could be in one place. Doesn’t make sense, right?
2. Can you see what is happening in “real time”? We are no longer living in a time where we can simply wait until the end of the month to crunch numbers and get the data we need. We need consolidated data that gives us up-to-the-minute reporting.
3. Are you completing more of your accounting outside of the actual system? I’ve seen this with QuickBooks – a company grows and must adapt their processes to fit the application, when it should be the other way around. You shouldn’t be having to add systems to your program or concocting short-term fixes outside of the program. Instead, the program should seamlessly grow when you do.
4. You are now focusing more on the software rather than your business. Your business software should be built for flexibility and speed, without the need for additional overhead just to maintain it and make it work. If your management reports are prone to errors or reports are taking too long to run, you need a switch. A new layer of business software shouldn’t add more complications to your company; it should make things easier.

  If you can answer “yes” to any of these questions, or you are simply frustrated with your current business software, I would highly recommend moving your company’s finances and data to NetSuite’s integrated, cloud-based business solutions. That way, you will no longer be juggling separate software applications and ultimately wasting the time of both you and your staff. Integrating a cloud-based suite platform will have immediate benefits to your business by eliminating the need to assemble different solutions, including just some of the following:

• Manage your data easier and more quickly by eliminating dual data entry.
• Streamline operations, billing and invoicing, and get detailed financial workflows fast.
• Accelerate sales and customer service productivity.
• Stop revenue leakage through revenue recognition.
• Identify upsell opportunities with facts, not guesswork.
• Automate processes and provide real-time visibility in the cloud.
• Have full visibility across your entire organization.

  It is clear that NetSuite provides a unique set of processes, activities, and systems for your company. But, is it right for your company? That’s where the flexibility comes in.  Flexible Across Multiple Industries Here are just a few of the types of clients we have spoken with who have successfully implemented NetSuite into their business:

• CPA firms. We work with quite a bit of CPA firms, and since accounting, tax, and audit services are the mainstay they quickly learned why NetSuite is the financial package of choice.
• Software and high-tech companies: NetSuite meets the challenges of software and high-tech companies that are functioning in a rapidly changing industry.
• Manufacturing: NetSuite has been essential to manufacturing companies needing to react to their business needs immediately in “real time.” NetSuite handles all of the financials, order and inventory management, customer support, and CRM in the manufacturing world.
• Media and publishing: These companies undergo ongoing scrutiny to get information out with the click of a smartphone, along with finding new ways to drive revenue in a technological world. NetSuite allows them to manage subscribers and advertisers in an integrated suite while combining these sales with financial, accounting, and order management data.
• Retailers: Retailers in particular have found NetSuite’s cloud-based system to be perfect for their type of infrastructure that is rapidly developing and expanding. They have their financial and revenue management, procurement, order management, billing, inventory management, and delivery services all in one place.
• Startups: New business owners need to focus on building their products or services, not paying bills and dealing with back-office responsibilities. NetSuite takes over the accounting, ecommerce, SCM, CRM, and more for a start-up company needing to focus on promotion and sales.

It is clear you can manage your business with one integrated business suite, rather than wasting time and resources by juggling separate software applications. NetSuite is Your All-in-One Solution Switching from QuickBooks to NetSuite’s cloud-based solution allows businesses to not only streamline their processes, but also increase productivity and lower costs. All of these benefits ultimately allow you to be more competitive in your field. Growing companies usually think saving costs by using programs like QuickBooks is the right financial move. However, you will save money over time by managing your business with one integrated solution.              Our clients have found this switch particularly effective as they grow their company. As you add employees and expand your product offerings, you may find your basic spreadsheet becomes too convoluted. And, the more numbers you are calculating means the more potential numerical errors, which can trigger an audit. Luckily, Critical Connexion offers a solution through an integrated suite. Implementing a cloud-based ERP and Financial system like NetSuite will help you analyze your business transactions by line item, create detailed financial reports, and determine specific calculations so you don’t have to do anything manually. Critical Connexion can help you automate and keep track of your financial needs by helping you take the next step of employing a cloud-based ERP like NetSuite.   About Critical Connexion: Critical Connexion is a distinguished business management & consulting firm that focuses on leveraging a foundation of leading finance, HR management, strategic sourcing, risk & operations experts to accelerate brand success for clients. We specialize in navigating the evolving landscape of corporate growth by adeptly addressing changing systems, process, and people requirements. Recognizing the substantial nature of technology and changing business needs, we ensure that these resources are directed with foresight and expertise. We are your extended partners for business growth, scaling seamlessly and brand elevation.  Contact Us: Ph: 213-798-6676 Email: [email protected]