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Cost of Failed NetSuite Implementations: How Consulting Saves Money

Posted by Cherry Tan on Mar 30, 2023 12:50:48 PM
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The implementation of an enterprise resource planning (ERP) system is a major investment for any business. NetSuite, a cloud-based ERP software, provides a comprehensive solution for financial management, customer relationship management, inventory management, and more. However, the implementation of such a system is not always straightforward and can result in costly failures. In this article, we will explore the cost of failed NetSuite implementations and how NetSuite consulting can save your business money. 

 

The Cost of Failed NetSuite Implementations

Failed NetSuite implementations can be costly and time-consuming. The financial costs of failed implementations can be significant, including sunk costs for software, hardware, and other resources. In addition, failed implementations can cause delays in other projects, resulting in further costs and lost revenue. 

Failed implementations can also result in decreased productivity and employee frustration. When employees are forced to use a system that is not functioning properly, their ability to perform their job effectively is hindered. This can lead to lost productivity and revenue. 

In addition to financial costs and lost productivity, failed implementations can also damage a business's reputation. Customers and suppliers may be hesitant to do business with a company that cannot effectively manage its operations.

 

The Benefits of NetSuite Consulting

NetSuite consulting can save businesses money by providing expertise and guidance throughout the implementation process. By working with a NetSuite consultant, businesses can avoid costly mistakes and ensure that the implementation is done right the first time. This can result in a smoother transition, fewer delays, and ultimately, increased productivity and profitability. 

NetSuite consultants are experts in all aspects of NetSuite implementation, from planning and design to execution and training. They can help businesses identify their unique needs and tailor the implementation to meet those needs. This can result in a more efficient and effective implementation. 

In addition to implementation, NetSuite consultants can also provide training for employees. This ensures that employees are comfortable and proficient with the new system, minimizing the learning curve and maximizing the benefits of the new ERP software. By investing in NetSuite training, businesses can ensure that their employees are fully equipped to use the system and get the most out of it. 

 

Choosing the Right NetSuite Consultant 

When choosing a NetSuite consultant, it is important to choose a consultant with experience and expertise in NetSuite implementation. A good consultant should be able to provide references from satisfied clients and have a track record of successful implementations. 

It is also important to choose a consultant that is a good fit for your business. A good consultant should be able to understand your unique needs and tailor the implementation to meet those needs. They should be able to communicate effectively with all stakeholders and provide regular updates on the progress of the implementation. 

 

Conclusion

The implementation of NetSuite can be a major investment for any business. However, failed implementations can be costly in terms of financial resources, lost productivity, and damage to a business's reputation. By working with a NetSuite consultant, businesses can avoid costly mistakes and ensure a successful implementation. NetSuite consultants can provide expertise and guidance throughout the implementation process, as well as training for employees. By investing in NetSuite consulting and training, businesses can maximize the benefits of their ERP system and stay ahead of the competition. 

 

 

About Us

Concentrus is a leading provider of innovative cloud-based enterprise resource planning (ERP) solutions, including NetSuite. Our team of NetSuite experts offers a range of services, including NetSuite price analysis, NetSuite training, and NetSuite integration services. Our goal is to help businesses of all sizes maximize their investment in NetSuite by providing expert NetSuite cost optimization and implementation strategies. With years of experience as a NetSuite partner, our NetSuite administrators and NetSuite consultants are well equipped to help businesses of all sizes with their NetSuite consulting needs. Whether you're looking for a NetSuite consultant to help with your NetSuite implementation or you need ongoing NetSuite support, Concentrus is here to help. 

 

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Want more NetSuite Tips and Tricks? Check out our Short & 'Suite videos

 

 

Tags: NetSuite, ERP, Reporting, NetSuite Partner, NetSuite How To's, NetSuite Tips, Business Benefits, Cloud ERP, Netsuite ERP

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