NetSuite shared an update that its user base is up to 32,000 customers. That’s a significant increase from last year, which means two things:
First, NetSuite is scaling quickly. Second, it is becoming the standard for enterprise resource planning (ERP) software. The theme of SuiteWorld 2022 was “Full Suite Ahead,” which captures this idea nicely.
Keeping more functionality inside NetSuite
Users can do more than ever within NetSuite, instead of relying on to external providers.
For example, NetSuite’s new accounts payable automation tool helps clients avoid using outside software or entering invoices manually. NetSuite also recently has improved its bank fees and bank reconciliation functionality. It has even made investments into its analytics and database tools.
These actions show NetSuite’s desire to replace the outside platforms that people typically integrate. The goal? Simplicity.
Look for that increased functionality to continue and ask your NetSuite consultants about ways NetSuite can serve you better.
Already powerful – but growing even more powerful
NetSuite continues to be a market leader by investing in infrastructure using the Oracle software framework, including a business intelligence tool called the NetSuite Analytics Warehouse. This tool allows for powerful, out-of-the-box reporting using data from NetSuite and external sources.