Transforming Businesses with SynapseIndia's NetSuite Consulting and Development Solutions

26 Mar 2025

Netsuite can help your business cut operational costs by 30% and let you make data-driven decisions in real time. According to a Gartner report, companies taking advantage of cloud-based ERP systems like Netsuite usually achieve these results within their first year.

Netsuite, owned by Oracle, aims to streamline operations for your business. But in order to harness its full potential, you need more than just a subscription. This is where Netsuite development services come into play. We will explore in this blog how SynapseIndia’s expertise can turn your business into a growth engine with the help of Netsuite.

Susbcribe for latest offers on our services !

 

Understanding NetSuite: Ownership, Usage, and Functionality

Who Owns NetSuite?

NetSuite was acquired by Oracle in 2016 and has since become a cornerstone of Oracle’s enterprise resource planning (ERP) offerings. While NetSuite operates under the Oracle umbrella, it remains a specialized cloud ERP system designed to cater to businesses of all sizes.

Where is NetSuite Used?

NetSuite is a versatile platform used across various industries, from tracking inventory in retail to managing patient records in healthcare, it’s a cloud-based ERP system that serves diverse sectors. Over 34,000 businesses globally use it to unify finance, HR, and project management (NetSuite 2025 Annual Report).

How Does NetSuite Work?

NetSuite is a cloud-based ERP platform that integrates multiple business functions into a single system. From finance and project management to HR and professional services automation, NetSuite provides a unified solution for managing complex business processes. It automates tasks like invoicing, inventory updates, and sales tracking while providing real-time dashboards. For instance, sales teams can check live stock levels before confirming orders, reducing errors.

Why is NetSuite Used?

Is NetSuite the Same as Oracle?

While NetSuite is owned by Oracle, it operates independently as a specialized cloud ERP system. NetSuite focuses on providing tailored solutions for mid-sized businesses, whereas Oracle offers a broader range of enterprise solutions.

5 Core Features of Netsuite

Here are five core features of NetSuite explained :

1. Unified Business View

NetSuite helps you manage all parts of your business from one place. Instead of using different software for finance, inventory, and customer relations, everything is connected in a single platform. This makes it easy to see how your business is doing overall.

2. Integrated Modules

All the different tools in NetSuite work together seamlessly. For example, if you make a sale, the information updates automatically across all areas like inventory and accounting. This means less manual work and fewer mistakes.

3. True Cloud Software

NetSuite is built to be used online, meaning you can access it from anywhere with an internet connection. You don’t need to worry about installing software or managing servers; everything is handled through the cloud, allowing your business to grow easily.

4. Detailed Reporting

With all your business data in one place, you can create reports on anything you want to analyze. NetSuite allows you to track performance quickly and easily, so you can make better decisions based on real-time information.

5. Customization Flexibility

NetSuite can be tailored to fit your business’s specific needs. You can add features or change the software to match how your company operates, ensuring it works best for you without affecting future updates.

Key Features of NetSuite in 2025

1. ERP & Financial Management

NetSuite automates accounting, budgeting, and financial reporting, reducing manual errors and improving accuracy. With real-time financial data, businesses can make informed decisions and maintain compliance. A 2025 IDC study found that companies using NetSuite reduce financial reporting errors by 45%.

2. Customer Relationship Management (CRM)

NetSuite’s CRM module enhances customer engagement by providing a 360-degree view of customer interactions. From sales tracking to customer support, NetSuite helps businesses build stronger relationships with their clients.

3. E-commerce & Omnichannel Solutions

NetSuite powers online and offline sales with a unified system, enabling businesses to deliver a seamless customer experience. Whether it’s managing inventory or processing orders, NetSuite ensures consistency across all channels.

4. Supply Chain & Inventory Management

With real-time tracking and analytics, NetSuite optimizes logistics and inventory management. Businesses can reduce costs, minimize stockouts, and improve delivery times.

5. Business Intelligence & Analytics

NetSuite’s advanced analytics tools provide real-time insights into business performance. From sales trends to operational efficiency, NetSuite helps businesses make data-driven decisions.

How Is NetSuite Implemented?

NetSuite is implemented using a method called SuiteSuccess, which makes the process quicker and easier compared to traditional software systems. Here's how it works in simple terms :

1. Fast Setup

Since NetSuite is cloud-based, there are no servers to install or machines to configure. This means you can start using it much faster.

2. Tailored to Your Needs

SuiteSuccess customizes the implementation based on your business's size and the industry you are in. NetSuite provides specific editions for various industries (like retail, manufacturing, and non-profit) to meet different needs.

3. Preconfigured Tool

During the implementation, NetSuite gives you pre-set tools, such as Key Performance Indicators (KPIs), reports, and dashboards. This means you get useful tools right away without having to build them yourself.

4. Quick Go-Live

Many businesses can start using NetSuite in as little as 100 days due to the SuiteSuccess approach. This method has been developed based on years of experience from previous implementations.

5. Ongoing Support

Once your system is set up, NetSuite offers support and consulting to help you customize the software further so that it fits your business exactly.

By using SuiteSuccess and focusing on quick deployment and customization, companies can start realizing the benefits of using NetSuite much faster than with traditional systems. This approach allows businesses to manage their operations effectively, from finance to inventory, under one system.

How NetSuite Can Be Customized to Meet Your Exact Requirements?

NetSuite can be customized to fit your business needs in several easy ways. Here’s how it works :

1. Customizations Tools

NetSuite offers a tool called SuiteBuilder. This allows businesses to create custom fields, forms, and records. You can change how the system looks and functions to match your company's specific language and processes.

2. Automating Processes

With SuiteFlow, you can build custom workflows. This means you can automate tasks like sending email reminders or approving purchase orders, making your processes faster and more efficient.

3. New Application Development

If you have unique needs, developers can create new applications using SuiteScript. This JavaScript-based tool allows for custom programming and can help automate complex tasks specific to your operations.

4. Integration with Other Systems

NetSuite can connect with other software applications through SuiteTalk. This is a series of tools that help share information between NetSuite and other programs you might be using, ensuring all your data flows smoothly.

5. Easy Deployment of Custom Apps

Once you have custom applications, you can use SuiteBundler to package them. This makes it simple to deploy your customizations across different parts of your organization or to apply them to new accounts.

6. Global Business Support

NetSuite also offers international features to adapt to different currencies, languages, and tax laws, making it easier for businesses operating in multiple countries.

Through these tools and capabilities, NetSuite allows businesses to be flexible and adapt their software as they grow or when their needs change, ensuring they always have the right tools to succeed.

How SynapseIndia is Helping Businesses with NetSuite?

1. Expert NetSuite Consulting Services

SynapseIndia offers tailored NetSuite consulting services to help businesses navigate the complexities of ERP implementation. From strategy development to system integration, SynapseIndia ensures a smooth transition to the NetSuite platform.

2. Customized NetSuite Development

Every business is unique, and SynapseIndia understands that. Their team of certified NetSuite developers creates bespoke solutions tailored to specific business processes, ensuring maximum efficiency and ROI.

3. Seamless NetSuite Implementations

Implementing a new ERP system can be challenging, but SynapseIndia makes it easy. With a proven track record of successful NetSuite implementations, SynapseIndia ensures minimal disruption and maximum results.

4. Ongoing Support & Optimization

SynapseIndia doesn’t just stop at implementation. They provide continuous consulting services and system enhancements to ensure businesses get the most out of their NetSuite investment.

Why Choose SynapseIndia for NetSuite Development Services?

Most NetSuite developers will install the basics, send you an invoice, and disappear. That’s not us. At SynapseIndia, we don’t just “set up” NetSuite—we engineer it to become a profit-driving machine for your business.

Other developers leave you with a system that kinda works. We deliver a solution that works for you, saving time, reducing costs, and giving you total control over your business.

You’re investing in NetSuite. Now invest in a team that knows how to make it pay off.

Get Your Free Ebook on latest AI trends in software industry !

Download Ebook

 

Conclusion 

Efficiency and agility are key to success, NetSuite offers a powerful solution for businesses looking to streamline operations and drive growth. With SynapseIndia’s expertise in NetSuite consulting and development services, businesses can unlock the full potential of this cloud-based ERP system.

If you’re ready to transform your business with NetSuite, don’t wait. Contact SynapseIndia today to learn how their certified NetSuite solutions can help you achieve your goals.

By choosing SynapseIndia, you’re not just adopting a new system—you’re partnering with a team of experts dedicated to your success. Let’s take your business to the next level with NetSuite.

"From the Editor's Desk" is not just about the content. Our content writers will be sharing their thoughts on industry trends, new technologies, and emerging topics that are relevant to our readers. We believe that it's important to stay up-to-date with the latest news and trends, and We excited to share my thoughts and insights with you.