In Depth Report: The Total Economic Impact of Oracle NetSuite ERP

The growth of any company, medium or large, depends on three fundamental aspects: visibility, control, and agility. These are some of the pillars of Oracle NetSuite, the # 1 ERP in the cloud used by more than 40,000 organizations worldwide.

Therefore, in 2017, Oracle commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying the core Oracle NetSuite ERP solution. Let’s take a look.

The Total Economic Impact of Oracle NetSuite ERP

To further understand the benefits associated with NetSuite ERP, Forrester interviewed four customers with several years of experience using NetSuite ERP.

The report highlights the key benefits customer’s experience with NetSuite, including:

  • Reduced costs of IT systems across the business.
  • Increased sales effectiveness.
  • Improved productivity levels in the finance department.
  • Enhanced customer experience with better business visibility.

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Yes, NetSuite can deliver an ROI of 380º

 

Our story of success with Oracle NetSuite ERP

On January 1, 2019, we went live with NetSuite in the office after a few weeks in training, configuration and implementation, a relatively short time compared to other technologies. The Forrester report confirms the same result we have had in Fusionworks:
• Effectiveness
• Optimization of internal processes
• Better performance
• Real-time management of resource utilization = accurate accountability
• A 360º vision of the business

In Fusionworks we have taken advantage of this integral system. Oracle NetSuite has helped us by improving workflows, reducing operational costs and capitalizing better on the assets of our company. Some of the key aspects we have found after implementing NetSuite include:

Project profitability analysis – It allows us to compare project’s costs and revenues vs budget
Dashboards – We can analyze cash positions, payables, receivables, and other indicators
CRM integration – It is easier to convert a lead into a customer
Faster closings – We have reduced book closings by half
AD HOC/on-demand reports – We customize our own reports
Self-service employee transactions – Easier to register time-entries & expense reports

That’s why we invite you to download and read this in-depth report. We are proud to say that Fusionworks is one of the more than 40,000 satisfied NetSuite users worldwide. Contact us for a free demo.

Register here to download the full report

 

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