What is NetSuite?
The #1 cloud ERP software at a glance
NetSuite is a cloud based software suite that enables an organization to manage and control all business processes from a single online platform. It is a reliable as well as flexible service that requires no additional hardware or maintenance cost associated with the software.
NetSuite is a one stop solution for a wide array of business processes with various levels of complexity. Be it enterprise resource planning (ERP), financial management, hosting and managing E-commerce stores, or customer relationship management, NetSuite takes the hassle out of it while reducing overall operating cost.
NetSuite provides a business with just the kind of competitive advantage that the market demands.
The Offerings
24000 companies across 200 countries are using NetSuite for ERP, CRM, Omni channel E-commerce, and financial management, among other things. The following is a list of what the #1 Cloud ERP platform has to offer.
ERP
Inventory, accounting, supply chain, and order management – all your key financial business processes are automated and run in the cloud by NetSuite ERP.
Customer relationship management(CRM)
NetSuite empowers your business with a 360-degree view of your customers on demand.
Manufacturing
NetSuite affords your supply chain massive scalability with its cloud based solutions. Leaves a little for you to worry about but product design and delivery.
E-commerce
Use NetSuite to integrate all processes related to your E-commerce store. From preparing the storefront to managing inventory, and streamlining marketing efforts, do it all with NetSuite.
Retail
Satisfy your omnichannel shoppers with a smart and efficient cloud based retail software solution.
Professional services automation(PSA)
NetSuite helps streamline project management.
NetSuite for associations
A ssociations face some unique problems that often go unaddressed by the popular middle-market enterprise resource planning (ERP) solution providers. While association management systems (AMS) solve some industry-specific issues, they leave out the issues typically associated with ERP – accounting, sales, purchasing, inventory, to name a few.
If you add the lackluster state of digital customer experience and dated interfaces to that, most AMS solutions seem to hinder more than they help.
You need a system that caters to associations' specific needs while also providing top-notch ERP solutions.
Oracle NetSuite is unarguably the best cloud-based ERP software for the middle market, and luckily you can customize their products to devise an advanced AMS.
We help associations ditch disparate legacy systems and transition into an advanced AMS based on Oracle NetSuite.
Incept fine-tunes the AMS for your niche requirements
I ncept evaluates specific customer needs to create personalized solutions – an AMS ala carte. The solutions are backward compatible for future upgrades and plug directly into NetSuite. Incept makes full use of the easy configurability and flexibility of NetSuite to create customized AMS functions for trade associations.
Our implementation team has helped many trade associations transition into a robust cloud-based AMS. We are always up for a conversation about our experience of assisting associations.
Let’s have a 45-minute no-strings-attached call where you can pick our brains to learn how associations have benefited from NetSuite and how you can put it to use.
Primary functional areas
Membership Management
- Control the promotion, sales, and renewal of individual memberships. Enhance the online experience of members and simplify work for membership care teams.
- Attract mid-year membership additions with easy access to assigned benefits for members.
- Track the complete life-cycle of a member at a glance along with easy access to all details regarding renewals and cancellations.
- Enhance revenue recognition for memberships.
- Automate invoicing and enable automatic renewals to improve member experience.
- Manage a database of members with easy analytics.
- Create reports and summaries in seconds.
- Improve overall member experience with an efficient online portal, automated invoices, and personalized emails.
Event management
- Achieve accurate demand-based pricing with special benefits for members.
- Manage waitlist.
- Achieve flexibility in terms of methods of registrations.
- Modular product grouping.
- Allow proxy registration.
- Ability to track registrations and attendees across current and past events.
- Flexible revenue recognition.
Financial management
- A single platform to control GL, AR, AP, statistical accounting, cash management, and real time financial reporting.
- Built in FASB compliance.
- Visibility into grant lifecycle.
- Ability to monitor association’s financial performance in real time.
Order management
- Manage price levels with different quantity breaks.
- Set your international pricing strategy with easy access to item prices in different currencies.
- Manage promotion codes and discounts with ease.
- Streamline the process of returns and refunds.
Sponsorship management
- Streamline the development, sales, and marketing of sponsorship packages.
- Allow negotiated pricing.
- Create and track sponsorship obligations with ease.
- Modify rules of revenue recognition for sponsorship packages.
Subscription management
- Streamline all the processes around subscription products like newsletters and magazines.
- Sell bulk subscriptions with targeted recipients.
- Automate the bundling of complementary subscriptions with products like membership.
- Monitor the subscription lifecycle including details regarding cancellation and renewal.
- Manage the methods of delivery for subscribed products.
Volunteer tracking
- Monitor volunteer services
- Automate benefits for volunteers based on status.
- Manage volunteer positions with transparency and efficiency
Customer and member portals
- Perfectly suited E-commerce portals for members and customers.
- Access to transactions that have been previously closed.
- Ability to recognize online transactions.
- Integrate with other systems.
- Compatibility with other systems like learning management or certification platforms.
Exhibit and booth
management
- Ability to process transactions for trade show exhibits and booths.
- Manage upgrades, downgrades, and cancellations.
- Integrate with third party exhibition planning software.
- Configure revenue recognition logic with ease.
Incept understands associations
Incept helps associations to graduate from disparate legacy systems and spreadsheets to an integrated, cloud based system that fulfils dynamic organizational needs. We help you choose and maintain functionality that you really need to enhance manageability and growth.
Why partner with Incept?
The team of certified NetSuite implementers at Incept packs several decades of combined experience in NetSuite implementation and configuration. The experience of implementing end to end NetSuite functionality for SHRM establishes their authority when it comes to associations. At Incept, we focus on your problem and devise technically sound solutions that meet your unique requirements.
NetSuite pricing
Finding accurate, updated, and module specific pricing information about NetSuite solutions can be difficult for an organization. One of the main reasons behind this is the unique web components, integration with existing data and systems for each engagement.