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Home Resources White Papers

Evaluating SAP ERP products and NetSuite Cloud ERP

NetSuite by NetSuite
January 9, 2024
Evaluating SAP ERP products and NetSuite Cloud ERP

Evaluating SAP ERP products and NetSuite Cloud ERP

Statista forecasts the global cloud ERP market will reach US$40.5 billion by 2025, growing at a CAGR of 13.6% during 2019 and 2025. Some of the advantages of adopting the cloud route include simpler deployment, lower costs, elasticity, the ability to incorporate newer functionality faster, fewer IT resources to operate, manage and support the system, as well as the ability to more easily add users and functions to accommodate business growth.

Enterprise resource software (ERP) is software that enables a company to manage all its core business functions with a unified data system. ERP systems enable CFOs to have a consolidated view of the company’s state at any point in time. The right ERP solution offers a cost-effective method for collecting, processing and analysing data for decision-making.

As custodian of the company’s financial and data, the CFO should take the lead in deciding the company’s ERP strategy. This will ensure that the choice of ERP is aligned with the company’s overall digital transformation strategy, supports the need for complete visibility to aid decision-making, improves operational efficiencies across the various functions, enables optimisation of cashflow and financial structures, and improves revenue opportunities.

This NetSuite paper details the options available to organisations trying to decide if cloud ERP is the way forward for them. Click on the link to download your copy of this NetSuite whitepaper.

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Related:  GenAI in finance: transforming businesses
Tags: cloud ERPenterprise resource planningNetSuite Cloud ERPOracle NetSuiteSAP
NetSuite

NetSuite

For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 16,000 customers in 203 countries and dependent territories. For more information, please visit http://www.netsuite.com.sg For real-time updates, follow NetSuite’s Cloud blog: http://www.netsuiteblogs.com/ Facebook page: http://www.facebook.com/netsuite Twitter: @NetSuite Twitter

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