Does it feel like your publishing agency is operating in silos? You may have a CRM to manage accounts, financial tools for accounting, and then another software for organizing sales.
Running a media company in this fashion is putting your business on the path to distinction. The publishing industry is already in a shaky state, especially with the major shift to digital.
But this doesn’t mean your publishing agency has to go under. You can ride the wave and even come out on top by using a cloud solution.
NetSuite ERP combines all of your software needs into one suite — simplifying your processes and maximizing revenue.
Here’s a closer look at why NetSuite is the answer for publishing agencies.
No More Juggling Software Applications
It’s time to stop using spreadsheets and multiple software tools to run your business. With NetSuite, you can stop wasting resources — both money and people — on unnecessary tools and processes.
Instead, you’ll get a unified system that manages business processes end-to-end. This includes:
Executing sales campaigns and measuring the results
Managing sales from readership subscriptions and insertion orders from advertisers
Tracking ads from insertion orders, fulfillment, and verification
Automated invoicing based on custom billing schedules
Maximizing revenue and reducing churn by proactively managing subscription renewals
Integrating with other software tools, such as OpenAds and DoubleClick
Managing your financials securely (and accurately) all within NetSuite
Manage Bills and Complex Advertisement Orders
You’re going to run into complex orders that require ad placement for multiple runs or issues. With NetSuite, you can manage the orders and scheduling of ads. For instance, you can segment insertion orders into multiple line items based on the production date.
Then the system will auto-generate estimates or sales orders for each time an advertisement runs. Invoices are also automated and sent out to clients after the campaign is over.
Your dashboard also shows the status of insertion orders so you can see forecasts, booked ads, pending ads, and scheduled ads. Then review revenue based on sales rep or run sheets. You can even generate reports showing the status and impressions of each campaign.
Now, this is just the tip of the iceberg of what NetSuite can do to simplify your billing process.
Manage Your Top Two Customer Types with Ease
Publishers work with two distinct customer types — advertisers and subscribers. One needs to buy space on your publication to market their product or service.
And the other wants to subscribe to your publication to access its content. Needless to say, it’s a lot easier to manage the two under one suite vs. a handful of tools.
NetSuite allows you to see both types of accounts at a glance. This includes:
Advertising sales in real-time
Managing insertion orders
Tracking revenue (and where it stems from)
Data about advertising customer and agencies
Information about your subscribers
Subscriber payment histories
Active renewal of subscriptions
Everything’s in real-time, so you don’t miss a thing.
Automate Your Business Processes in a Single Suite
When you opt for NetSuite, you’re getting an all-in-one suite designed specifically for your industry. It’s intelligent and fully customizable. Plus, you get a bird’s-eye view of everything going on in your agency.
This offers enhanced control over your profit cycle, including upselling, retaining, and ad invoicing. And you’ll receive accurate reports of end-to-end processes in your agency.
To optimize your sales cycle, all of your portal leads are automatically connected to sales reps. And the leads you generate online are directed to fulfillment and accounting — no more time-consuming paperwork.
Your publishing agency becomes unified across all departments, including sales, marketing, management, and accounting.
With global data at your fingertips, you can make faster and better decisions for your agency. Plus, you can customize the data and metrics you track, so you’re only getting reports for the KPIs that matter the most.
Tweak Your Software as You Go (for Cheap)
When you use on-premise IT solutions, you’re stuck with the specifications it comes with. Anytime you want to make customizations, you have to dish out a load of money for a specialist to do it for you.
That’s not the case when you’re using NetSuite. You can quickly tweak the system as your business needs change. And it won’t cost you an arm and a leg.
You can modify and extend NetSuite using the SuiteCloud development platform.
Take Your Publishing Agency to the Next Level
There’s a lot of competition in the publishing business. Without a cloud ERP solution, you’re stuck using outdated software and slow manual operations. In turn, this will slow down productivity and revenue while increasing spending — not a good combination.
Fortunately, there’s a viable solution that’s helping publishing agencies like yours succeed.
It’s time to consider implementing NetSuite. Contact Zanovoy today to learn how we can make that happen.
Marketing agencies have to be nimble to keep up with the ever-changing landscape. Now that everything’s going digital, agencies can no longer rely on hefty retainer fees to pay their overhead costs.
Customers now demand real-time feedback regarding their campaigns — something that wasn’t possible over a decade ago.
And they’re willing to pay you handsomely, but only if you prove your value. Dealing with performance-based revenue is still new to some marketing agencies.
Those that have yet to adapt with ERP solutions are feeling it the most. But it doesn’t have to be this way for your marketing agency.
Let’s take a look at why your marketing firm needs NetSuite ERP.
Capitalize On the Digital Shift
The digital landscape can be a double-edged sword, so it’s critical to learn how to use it to your advantage. This includes using software and cloud tools (such as ERPs) to maximize the return of employee efforts.
Trying to manage a team of designers, writers, and other marketing professionals can be time-consuming. Managing time, expenses, and billing may even seem impossible at times.
When you don’t have a hold on this, it can be difficult to turn a profit. You need a 360-degree view of what’s happening in your marketing agency. This way, you can properly quote your clients based on historical data.
For instance, seeing how long certain projects take, the number of employees needed for the job, and the rates charged will ensure you’re making data-driven decisions.
This is possible to achieve when you’re using NetSuite ERP. Having access to a reliable, agile, and secure cloud platform will empower your agency to become more profitable.
Sharpen Your Competitive Edge
You don’t want to be just another marketing agency — you want to be the marketing agency. How can you achieve this status if you’re doing what everyone else is doing?
You need a way to set yourself apart, especially in today’s saturated market. When it comes to negotiating with clients, you need insights to help you win over clients.
NetSuite ERP enables you to do this by:
Giving you complete visibility of available resources and cost of past projects so you can provide accurate estimates.
Generating custom quotes that meet both your client’s needs and your company’s margins.
Integrating Salesforce management and marketing campaigns to drive repeat business from clients.
This is all made possible using NetSuite’s personalized dashboards that showcase:
Leads and tasks
Costs for similar projects
Time taken to complete similar projects
Files and data from work done on similar projects
In other words, everything you need to become a driving force in your industry.
NetSuite does more than help marketing agencies turn prospects into clients. When used correctly, the account and project management tools can help enhance the utilization of resources — particularly your teams.
To become a leader in marketing, you need to achieve high utilization, low attrition, and high client satisfaction rates. You can do this by ensuring clients receive their projects on time (without going over budget).
So how can NetSuite ERP assist with all of this? Well, it can:
Anticipate resource needs for a given project to ensure the best talent is assigned to the job, based on their skills, expertise, and various other factors.
Offer real-time access to project status.
Enable team collaboration to enhance efficiency.
Identify potential project bottlenecks before they arise.
Provide reports for time and expenses, which is accessible via mobile, online, and offline channels.
Make Better Decisions for Your Marketing Agency
When it comes time to make tough decisions, you don’t want to rely on educated guesses. Your financial managers need to be able to make informed decisions every single time. NetSuite makes this possible with its 360-degree view of vital business metrics.
This includes being capable of forecasting profits before bringing aboard a new client.
By integrating NetSuite’s CRM, project management, and accounting, you’ll be able to:
Quicken cash flow
Ensure on-time delivery of services and within budget
Operating globally with a platform that supports 15 languages, 170 currencies, local country tax regulations
On top of that, you’re getting a cloud-based solution, which means you can quickly integrate it into your agency. There’s no major upfront investment or maintenance like you’ll find with on-site systems.
When you adopt NetSuite ERP into your agency, you’ll have all the means necessary to achieve your goals. If you’re looking to drive more business, increase customer satisfaction, and boost profits, then you need an ERP solution.
NetSuite is a powerful tool designed to help marketing agencies overcome common challenges.
It’s time to stop operating reactively to the changes in your industry. Get proactive by adopting NetSuite and taking control of your agency’s future.
The first step — contact Zanovoy to see how we can help with your NetSuite integration!
Technology and education are now intertwined in more ways than one. Students engage institutions online, enroll online, and even take courses online.
Managing everything virtually is a requirement if a school wants to stay up-to-date with the times and expectations of future students.
This is why Edtech is on the rise. Managing student enrollments, communications, digital courses, finances, and other critical tasks using manual processes is outdated and time-consuming.
Yet, using a variety of software platforms to manage it all can be costly, and it creates unnecessary silos that can lead to fragmented data.
The solution? NetSuite.
Here’s a look at the benefits it offers.
Grow Your Shrinking Budget
And you’re not alone. This is a common issue among school districts that face a constant uphill battle with funding. On average, schools are spending roughly $400/student just for IT.
Then others can’t afford IT projects whatsoever. At first glance, it may seem that solutions like NetSuite are out of reach. However, if you look closer, you’ll see it’s something else — they’re using outdated equipment that’s sucking their funds dry.
By eliminating these futile platforms and integrating an ERP solution, such NetSuite, you can reduce costs and enhance efficiency.
When you turn your institution into a digital campus, you need to ensure your IT infrastructure is reliable. Unfortunately, this isn’t always possible when you’re using outdated platforms that fail to keep up with demand.
This leaves your students vulnerable to delays in accessing online course materials. However, updating these so-called solutions can be quite expensive.
By upgrading to a cloud ERP, you can cut the cost of these improvements and get the IT stability your school needs.
Get a Better CRM
Today’s prospective students aren’t calling you. They’re visiting your website, chatting with online representatives, and reaching out via social media.
This means you need a customer relationship management (CRM) system that can gather information from all sources throughout the customer lifecycle. This way, you can effectively renew, upsell, cross-sell, and support students and potential enrollees at all stages of their journey.
Qualifying leads faster will also increase student enrollments, with the help of direct mail and email targeting.
Increase Your Revenue
There are multiple streams of income for educational institutions. You have donors contributing funds, students paying their tuition, members paying their dues, and alumni (and others) purchasing school gear.
With NetSuite, you can set up an e-commerce store that integrates with accounting, marketing, and order and inventory management. You’ll be able to accept payments and process orders effortlessly.
Shipping, receiving and returns also become easier to manage when you have an ERP solution.
Streamline Multi-Campus Operations
It’s hard enough trying to organize the processes of campuses across the city or state. Why make it more challenging by using siloed software platforms? This makes it impossible to see what’s happening from campus to campus?
NetSuite makes it so that you can manage multiple locations and subsidiaries efficiently. This includes having real-time visibility of what’s happening, and it streamlines processes implemented across schools and divisions.
At the click of a button, you can standardize new processes everywhere at once.
Improve Human Capital Management (HCM)
Staff members are the backbone of your organization. But you need an HR team that can effectively onboard, train, and manage personnel. With an ERP solution, you can
centralize safety training
Manage code conduct management
implement other processes
All the while using a single suite.
NetSuite simplifies human resources by offering vital features, including:
and other core HR capabilities
Get a Bird’s-Eye View of KPIs
Education is a business. And just like any other company, you have KPIs to maintain. This may include metrics for student inquiries, enrollments, marketing campaigns, revenue, etc. With the dashboard offered by NetSuite, you can keep a hawk-eye on key performance indicators for individual schools.
Knowing which schools are struggling and which are performing optimally can help pinpoint where improvements are necessary.
Plus, you can set it up so that the data is shareable between school admin, officers, board members, and auditors.
Access Robust Financial Management Tools
NetSuite’s dashboard goes beyond KPIs and metrics. You also have end-to-end visibility of accounts receivables and payables. Then you can eliminate bottlenecks by automating the order and cash process.
The procure-to-pay and record-to-report processes are also seamless, along with accepting electronic payments securely. You’ll find that creating invoices is faster, thanks to its advanced revenue recognition capabilities. It can process payments for tuition, field trips, special events, and more.
Monitoring what’s coming in and out requires a robust dashboard with financial reporting. You can develop these reports and send them to key members in a jiffy.
The real-time reporting also helps to track complex (and ever-changing) compliance rules. The goal — to ensure the best security and visible audit trails.
To take it further, NetSuite enables you to track and report the lifecycle of assets — from acquisition to depreciation to retirement.
Taking EdTech to the Next Level with NetSuite
There aren’t many ERP solutions out there that streamline all of your processes. If you’re serious about improving tracking, reporting, visibility, finances, revenue, and marketing — then you need NetSuite.
We’re helping schools combine their technologies into a single, robust platform.
There are a lot of tough decisions you have to make when you’re running a business. Making the choice to adopt NetSuite into your processes was one. And now, you have to consider how you’ll successfully implement it throughout your organization.
Now, NetSuite managed services are on the table — but should you get it? Or maybe you should rely on your staff instead?
These are excellent questions, which we’ll help you to answer below.
So let’s take a look at the benefits of using NetSuite managed services after going live.
1. Take an Active Approach to IT Problems
The larger your company, the harder it becomes to pinpoint issues before they turn into full-blown problems. This can occur in any department — finance, IT, sales, or even HR.
With NetSuite managed services, you always have a dedicated team of specialists who can spot and eradicate these issues fast.
2. Get Quick Access to New Technologies
You’re too busy operating your business — as you should be. But this can put you in the position of allowing your tech to become outdated. When this happens, you risk falling behind the competition.
You can prevent this by working with Netsuite managed services. They’ll ensure your technologies are always up-to-date and up to par with the needs of your company.
3. Save Money By Avoiding the Costs of FT Staff
At first, you may think it’s better to opt for an in-house team to manage your NetSuite implementation. However, when you factor in the costs of their annual wages, benefits, and paid time off, the price gets steep pretty fast.
A lot of this is eliminated when you choose to outsource to NetSuite managed services.
4. Get Peace of Mind to Focus On Your Business
There’s a lot that goes into the management of your NetSuite system. This can take your attention off of more important matters, such as growing and expanding your company.
Instead, you can have a team of experts monitoring everything so it continues to run seamlessly (along with all your business processes).
5. Take Advantage of Cloud Solutions
You opted to integrate NetSuite into your infrastructure because it doesn’t require hardware maintenance. Plus, you can access all of your vital data in the cloud.
But are you truly making the most of your cloud solutions? You want to ensure you’re maximizing the use of NetSuite. A qualified team will know how to optimize it to meet the needs and goals of your business.
6. Increase Your Cost Savings (& ROI)
A lot of money goes into tech and even more goes into the issues that arise with it. Companies that don’t proactively mitigate problems before they arise will continue to hurt their finances.
When you hire a NetSuite managed services team, you can focus more on the operations of your business without worrying about costly malfunctions. This, in turn, helps to reduce costs and boost your ROI.
7. Get a Guaranteed Service Level Agreement
Small businesses don’t normally have the funds to hire an in-house IT team. This leaves them vulnerable to lingering tech problems that can turn into a chaotic (and expensive) situation.
When your ERP software doesn’t run smoothly or optimally, then you’re left frantically looking for someone to help externally. But you won’t have to worry about any of this when you use NetSuite administrator services.
You’re given a guaranteed service level agreement, which means you have access to the help you need whenever you need it. And best of all, the IT team is remote. There’s no additional office space to acquire and pay for.
Whenever something goes wrong, your NetSuite administrator will be able to take care of it from anywhere.
8. Expert Guidance for Future Road-Mapping
After your NetSuite integration, what’s next for your business? How will you use the software to improve your business functions? Maybe you plan to use it for customer relationship management (CRM).
Or, perhaps, you want to use all of its features across all departments. Whatever your needs, it’s good to have experts there to guide you through the process of developing a future roadmap.
This is critical because it sets the foundation needed to ensure the success of your ERP implementation, as well as your business.
9. Receive Proactive Support
You don’t want to wait until something bad happens to reach out for support. Yet, this is the reality you face when you don’t have a proactive support team to back you up.
With proactive support, you’re getting assistance to keep things running fluidly. Why is this essential?
Because it’s proactive — not reactive. Think of it as giving maintenance to a car. You want to provide all the support you can give it — oil, transmission fluid, gas, etc. — so that it operates accordingly.
If you wait until the car runs out of gas to fill it up or pops a piston before giving it more oil, then this reactive. You’ll constantly face problems because you’re not actively finding ways to keep the inner workings of your business running seamlessly.
Is it Time to Get NetSuite Managed Services?
If any of the above reasons resonate with your company, then the answer should be a resounding yes.
There’s no reason to put your business at risk of unnecessary tech issues. Nor should you overspend on an internal IT team to manage these problems.
Businesses that want to gain a competitive edge will need solutions that can keep processes and functions well-oiled so it operates without hiccups.
Ready to learn more about NetSuite administrator services for your ERP solution? Then it’s time to connect with our experts.
Contact Zanovoy today to learn how we can help enhance your NetSuite implementation.
https://zanovoy.com/wp-content/uploads/2019/10/Featured-9-Reasons.jpg7361125adminhttps://zanovoy.com/wp-content/uploads/2020/03/zanovoy_ONAP_600x200_2020-03-25.pngadmin2019-10-06 00:16:102022-06-09 06:05:559 Reasons to Use NetSuite Managed Services After Going Live
There’s no denying the popularity of cloud ERP solutions. When you look at the market, you’ll find it’s growing at a staggering 10% CAGR (compound annual growth rate).
But this isn’t what’s attracting companies to solutions like Netsuite. It’s the high demand for functional efficiency, enhanced awareness, implementation of business mobile apps, and cloud capabilities.
However, using NetSuite to its full potential isn’t always simple. So most companies that integrate NetSuite solutions also hire an administrator. In many cases, they resort to hiring an (albeit expensive) full-time NetSuite admin.
Yet, others use their IT team to handle NetSuite projects (alongside other company tasks), which can be costly as well. Not to mention, they’re using inefficient, reactive methods for solving problems — not the best way to manage your business.
It’s the savvier small to mid-sized companies that are outsourcing their NetSuite administration to professional managed services. And in doing so, they get a team that’s either the primary administrator or a support system for their internal IT team.
With NetSuite managed services, you proactively resolve issues and eradicate threats before they turn into a problem (not after).
Plus, administrator services allow you to leverage the expertise of a full NetSuite consulting team at a much lower cost (as compared to in-house teams).
Interested in learning more about managed services for NetSuite?
Then continue reading.
Break-Fix: The Outdated Model for IT Solutions
In the past, there was only one way businesses learned about a problem — after it occurred. There was no way to know when there was an issue with a server, desktop, or other critical networking devices until after they’ve failed.
Then the company’s teams had to scramble about to find the dilemma and resolve it. In other words, they relied solely on the break-fix model.
This outdated method leads to revenue loss and productivity issues. But it was the only way businesses knew how to operate.
Managed Services: A Proactive Approach
The managed service model uses a proactive approach vs. a reactive philosophy. It focuses on preventing issues before they can:
Interfere with management
Derail revenue pipelines
Instead, it uses signals to pinpoint risks that require addressing before it blows out of proportion.
Before Zanovoy, only large companies had the budget to afford managed services. In the year 2000, cloud computing emerged on the scene, allowing small and mid-sized companies to take advantage of managed services (without breaking their wallet).
Sure, the concept of managed services has been around for a long time (since the advent of cloud ERP). But NetSuite managed services is relatively new. It uses the same proactive approach, which is a proven model for success.
The Challenges the Break-Fix Mentality
We can’t emphasize enough the pitfalls associated with the break-fix model.
If, for example, an overwhelmed IT department can’t keep up with release and functionality updates, the system becomes vulnerable to outages— and potentially other larger problems in the future.
Companies want their accounting team focused on producing accurate financials, not fixing tech problems, or learning how to use NetSuite CRM and ERP features. But that’s exactly what they’ll do under a break-fix model.
Under the break-fix model, users who experience problems have to wait for admin or the IT department to address and solve them. Productivity is interrupted, and frustrations rise, which can decrease user adoption. This can negatively affect data quality, analytics, and reporting.
The Benefits Of Using Managed Services
When you use managed services, your systems are always up to date. In the world of IT, systems are consistently upgraded and patched, and come with a sleuth of security protocols.
It’s a lot to handle. But your teams don’t have to worry about any of this when you implement managed services.
With managed services, questions about new feature rollouts are answered with a phone call or click of a button. This also ensures users are more proficient and less frustrated. User engagement goes up along with the quality of data within the system.
Better data means higher accuracy for reports and analytics, leading to improved management decisions.
Who is Using Managed Services?
Managed services is a proven model for NetSuite administration. And it’s proven to be a superior service model across industries, including:
Let’s take a look at how managed services can help various sectors.
It’s safe to say that the managed service model has revolutionized the IT industry.
Instead of sending out a tech every time a problem arises, IT firms can resolve issues and diagnose risk factors remotely. This creates time and costs savings that can be passed on to clients.
Most IT firms also recognize the opportunity to use 24-hour ‘eyes-on’ services to provide peace of mind to their clients. And their problems can be addressed before there’s a crisis.
In addition, firms can spend time on services that add value for their clients, rather than only responding when something goes awry.
Client’s love that they don’t need an onsite tech appointment to resolve problems, answer questions, and eliminate headaches. But most importantly, IT firms can focus on preventing fires rather than putting them out.
Managed Marketing Services (MMS) are hugely popular for small and mid-sized companies who want to create, implement, execute, and maintain a successful marketing strategy.
Now, growing companies without the budgetary means to hire an entire in-house marketing team can leverage managed services to create campaigns that can compete in the big leagues. These services typically provide clients with access to:
Team of talented creatives
Proven systems and strategies
Marketing experts and tools to create websites
Social media campaigns
With MMS, company leaders can concentrate on maintaining quality products and crafting effective messages. No more wasting time on learning the latest social media trends or getting lost in the minutiae of Google analytics.
Media & Publishing
Media companies are consistently looking for ways to connect with consumers. Today, this means using a range of mediums, such as mobile devices, the internet, and social media.
Meeting the demands of their audience cost-effectively is critical to staying ahead of the curve (and budgetary constraints).
This is especially important with diminishing revenues from traditional advertising and subscriptions.
By using NetSuite managed services, media and publishing companies can handle all of their customers in a unified suite. This also comes equipped with tools for back-office finance, accounting, and order management.
Users are given full access to monitor, track, and analyze trends, issues, and opportunities that can improve decision making. These companies can alos streamline operations, accelerate sales and customer service productivity, and track advertising performance.
Life science companies are required to modernize their software systems to keep pace with the ever-evolving world around them. It’s no longer a luxury, but a necessity to remain relevant (and in business).
So some are implementing NetSuite systems and adopting managed services. In doing so, they’re getting a financial management system that enables them to find and capitalize on new opportunities that fuel growth.
With NetSuite managed services, life science companies can:
Lower operational costs
Promote business growth
Automate information exchange
Allow more visibility into key business metrics
Without such solutions (and services), life science companies will continue to struggle with outdated technology and mismanaged processes that prevent progress and expansion.
Running an ad tech company requires constant growth and innovation. So much so that it can be challenging to keep up with the demand.
Their top priority is to deliver engaging media and advertising to consumers in a way that’s measurable and efficient.
That’s where NetSuite managed services come in. When used correctly, NetSuite can maximize sustainability and growth by:
Automating business processes in a single suite
Offering a business intelligence dashboard (real-time data)
Integrating with necessary software (without costly IT)
Simplifying management and billing for complex advertising orders
With proper implementation of NetSuite, advertising technology companies can manage customers and partners in a single, flexible application. Plus, it unifies sales and order management using back-office financial and accounting processes.
Using NetSuite Managed Services could be the best strategic move your growing company can make.
NetSuite Managed Services offers a comprehensive solution that grants companies access to a whole team of experienced NetSuite administrators and consultants to manage their NetSuite ERP. Typically, this service is more affordable than hiring in-house staff.
So what do you get when you implement NetSuite managed services?
Maintenance and optimization of databases
High user adoption
Audits for outdated reports
And other proactive solutions
The end goal — to ensure NetSuite ERR supports your business’s growth.
Another advantage of using NetSuite Managed Services is the fixed monthly fee. You’ll know the exact cost each month without any surprises. Planning your budget doesn’t get any easier or more predictable.
Plus, companies that use NetSuite managed services see an improvement in the time employees spend on processing transactions and month-end close.
With proper configuration and administration, Order to Cash workflow is simplified, and quotes can be delivered in minutes instead of hours (or days). Also, sales cycles shorten and deals closer faster (and more often).
All because team members can spend more time processing orders, not solving technical problems.
Then the management team has immediate access to the reports needed to understand what’s working and what’s not. Executives have the right data at their fingertips to get a handle on the key drivers of business success.
Get Hands-On NetSuite Managed Services
For over five years, Zanovoy has helped hundreds of companies optimize their NetSuite ERP solution. With a 95% customer satisfaction rate, Zanovoy can provide your company with access to world-class support, Certified NetSuite experts, and a value-based pricing structure.
If you’re ready to explore all the benefits of Zanovoy’s NetSuite Managed Services, we invite you to fill out this simple form or call [888 926-6869]. We look forward to hearing from you!
https://zanovoy.com/wp-content/uploads/2019/09/NMS-Break-Fix-2.png7361104adminhttps://zanovoy.com/wp-content/uploads/2020/03/zanovoy_ONAP_600x200_2020-03-25.pngadmin2019-09-24 05:22:322022-06-10 01:38:17NetSuite Managed Services: Throwing Out the Break-Fix Model
You adopted NetSuite as your preferred cloud ERP solution. The idea was to make managing all your business processes in a single system seamless. And in turn, you get the agility you need to stay competitive in your field.
For example, streamlining your inventory management, improved reporting visibility, and shorter month end close.
But you’re starting to realize that it requires someone with experience to run the systems proficiently. Without the proper help, you’ll continue to run into issues and increase the risk of financial and security loss.
What should you do?
Do you opt for an outsourced NetSuite managed service? Or do you hire an employee to handle it for you?
Let’s take a look at why you should think twice about hiring an employee.
What is Zanovoy NetSuite Managed Service?
Zanovoy offers NetSuite administrator services to large and small businesses across the globe. It comes with a subscription-based model and encompasses everything a company may need to run their solution efficiently.
You can choose the level of support you need for your business needs.
Business process optimization
Managing audit trails
Facilitating upgrades and new releases
Offering advice and recommendations
Our team of experts features a pool of consultants who can help ensure you get the most from your NetSuite implementation.
What Are the Benefits of Using Zanovoy NetSuite Managed Services?
NetSuite is a sophisticated technology that requires knowledge and expertise to master. By opting to use NetSuite managed services, you can cut through the hassle to ensure your business processes are functioning optimally.
Here’s a look at the benefits you get when you choose administrator services.
Maximize the Value of Your NetSuite Investment
Your business needs are always evolving. Having the means to keep up with the demands is critical to your success. When you have NetSuite integrated into your business, you need the know-how to scale it according to your company’s needs.
With managed services, this is possible. You have a team of skilled professionals who will accommodate your needs, so you get the most from your NetSuite investment.
Optimize the Performance of Your Solution
Business is a fast-evolving stage, and all the players on it need to be agile and swift to keep up. If you allow your solution to become “outdated,” you risk losing optimal performance and increasing risk.
Managed services can ensure your solution is optimized across all products at all times. This also includes optimizing scripts, saved searches, and reports for a faster response.
Mitigate Risks and Boost ROI with Proactive Monitoring
The top priority for any business is to reduce risk and increase revenue. But this is challenging to pull off when you’re consistently running into trouble as your business expands and shifts.
NetSuite managed services are practical for negating potential risks, which can, in turn, maximize your return on investment.
Why Hiring an Employee Isn’t the Best Idea for NetSuite Management
Many individuals are becoming certified in NetSuite and posing as experts. They’re offering NetSuite managed services to companies like yours and are willing to work on your team full-time.
And while this may seem like the ideal option for your company, it may not be the best choice.
You Won’t Get the Same Level of Attention
There’s a lot that goes into the integration and management of NetSuite. When you hire an individual to handle this for you, there’s a high chance you won’t get speedy or reliable services.
Because, for one, they’re one person. This means they have to juggle all of your business needs, which can take them away from critical tasks. In this scenario, You’ll run into roadblocks that can potentially hurt your sales, customer relationships, and reputation.
By hiring a team, you won’t have to worry about any of this. There’s always someone there to manage all aspects of your NetSuite operations.
You Can’t Leverage the Knowledge of Multiple Experts
A part of receiving managed services is getting advice from an expert about the right next move. This may be about enhancing the management of your inventory or improving customer relationship management.
The individual you hire is bound to have shortcomings in their range of knowledge. Not to mention, some are recently certified and don’t hold the same level of expertise as a team with decades of combined experience.
By hiring a NetSuite managed services team, you get a knowledgebase you can access to scale and advance your company continuously.
You Risk Spending More On Costly Mistakes
No expert — no matter how great — can see everything at once. And this is especially true when they’re managing a long list of tasks.
There’s a significant chance of them overlooking a critical issue that can create unnecessary security and financial risks. In the end, you lose more money fixing these problems than you saved hiring an IT employee.
Needless to say, a team will always have someone eyeing your systems and ensuring they’re secure and performing optimally.
You Can’t Focus On Running Your Business (Without Worry)
As a business owner, you want to focus on just that — owning your business. But you can’t do this when you’re constantly worried about getting the level of attention, security, and maintenance your system needs to thrive.
An individual can only handle but so much in a day, which means there will likely be instances where you fall behind.
Not something you want to deal with when your company is expanding.
At the end of the day, a NetSuite managed services team will provide hands-on assistance required to ensure the consistency of your business processes.
How is Zanovoy NetSuite Managed Services Cost-Efficient?
We’re headquartered in New York, with locations across the United States. Many of our clients are startups, established companies, and large enterprises. So whether you’re a business with five or 5 thousand employees, we’ve got the solutions you need to propel your company forward.
And we do this cost-effectively.
With the subscription-based managed services we offer, you get exactly what you need — nothing more, nothing less. There’s no need to pay for irrelevant services or experts. We make it simple to scale up or down as your business demands change.
However, with an employee, you’re stuck paying twice as much for their salary. Plus, you have to throw in benefits, such as vacation time, health insurance, paternal leave, and 401K.
Then you’re not getting the flexibility, speed, and efficiency you need to maintain your business processes.
In the end, you’re wasting money on ineffective administration, and it’s eventually going to hurt your bottom line.
What Features Come with Zanovoy NetSuite Managed Services?
When you opt for Zanovoy’s NetSuite management services, you’re gaining access to a host of features.
One contract for all your maintenance needs
Administration (so you don’t have to lift a finger)
Consistent team to meet your business needs
Expert advice for the best solutions and how to execute them
Professionals that ensure sustainability and enhancement of your solution (as needed)
Recommendations and advisement for performance optimization
24-hour support services
Zanovoy is your complete managed service solution provider. We act as your advisor, optimizer, and architect.
If you’d like to learn more about how Zanovoy’s NetSuite management services can help your business, then contact our experts today!
https://zanovoy.com/wp-content/uploads/2019/09/NMS-Post-1.png7361104adminhttps://zanovoy.com/wp-content/uploads/2020/03/zanovoy_ONAP_600x200_2020-03-25.pngadmin2019-09-20 02:16:012022-06-10 01:19:21NetSuite Managed Services: Outsourcing to a Team vs. Hiring an Employee
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