Table of Contents
- 1 NetSuite Software Retail ERP Highlights
- 2 NetSuite Software Retail ERP Features
- 3 FAQs
You can avail of NetSuite for Retail, which is a single, integrated solution that helps manage your entire retail business. Businesses can get a complete view of the customer across all channels and touchpoints. This retail ERP Software supports multiple locations, channels, and brands from a single, integrated platform. This ERP in Retail comes with real-time inventory visibilities across all channels. You can ensure cross-channel order management and fulfillment with such capabilities. NetSuite Retail is a full-featured and mobile-ready POS and renders ecommerce capabilities on any mobile device. You can witness central management of all pricing and promotions, get marketing tools to target and segment offers, and avail of easy customizations for your specific retail requirements.
NetSuite Software Retail ERP Highlights
A 360-degree Customer View
You can avail of Retail ERP Software to connect customer interactions and ensure robust cross-channel management of customers.
This ERP Software for Retail Business comes with inventive capabilities of
- Lifetime order history
- Targeted and personalized marketing
Businesses can avail of this Retail ERP Software to optimize web stores for smartphones, tablets and desktops and avail of multi-site and multi-country support from a single account. You can use NetSuite Retail to manage both B2B and B2C web stores on the same platform offering multiple payment options.
In-Store Experience Transformation
NetSuite Retail transforms the in-store experience and offers true omnichannel shopping with a modern POS solution. This integrates the physical and digital shopping experiences. This ERP in Retail can be used on a mobile device and it empowers your sales associates with complete inventory and customer information in real-time. With such capabilities, you can engage customers more effectively, steer more sales, and deliver a satisfying shopping experience.
This Retail ERP Software renders extensive support for cross-channel processes. These may include buy online or pickup in store, buy online or return to store, and order in store or fulfill from anywhere. By leveraging the core capabilities of NetSuite Retail, you can avail of a single commerce platform to bridge the gap across channels, and satisfy demanding today’s consumers.
Active Customer Engagement
With ERP Software for Retail Business, businesses can get a complete view of each customer that helps them deliver tailor-made and personalized services. By deploying such scalable Retail ERP Software, you can build customer loyalty, and provide a relevant and engaging shopping experience with your brand. You can evaluate your customers’ purchase history and communications with your company. It gives you the ability to check if they interacted with your brand online, at a brick-and-mortar store location, or with a sales representative.
NetSuite ERP in Retail offers personalized marketing to your customers based on their purchase history or demographics. You can make the most of its capacities to offer customers self-service options to view their online purchase history, reorder, and inquire about products 24 X 7.
Interactive Online Commerce Experiences
NetSuite Retail simplifies delivering a personalized and engaging experience to your customers online with any device—desktop, smartphones and tablets. This Retail ERP Software assists businesses in creating a high-impact web store from the ground up with simple-to-use tools. You can avail of a full featured web store that integrates directly into your business. This readily helps eliminate time spent on manual transfer of orders from your web store to inventory, shipping, and accounting. With the deployment of this ERP Software for Retail Business, you can manage promotions and offer discounts quickly and easily which can be extended to the web. It allows you to keep tax and shipping charges for online and offline sales consistent. ERP in Retail helps you manage multiple web stores and catalog businesses all in one place. Additionally, NetSuite Retail ERP software strengthens your global web presence, with multiple language and currency options along with built-in customs documentation for shipping.
Businesses can leverage this ERP in Retail to exceed customer expectations to buy, fulfill and return anywhere. They can maximize profitability with centralized order management and a single, 360-degree view of inventory across all channels, and the supply chain. For the most part, NetSuite Order Management delivers the ability to meet and exceed evolving and increasing customer expectations for omnichannel fulfillment while boosting profitability and optimizing inventory.
Unified View of Business
With NetSuite, transaction data flows from all of your retail channels to your warehouse and procurement departments. Invoice and expense data flows to the finance department and customer data flows to the marketing department. This ERP in Retail delivers real-time visibility into sales, inventory, and customers across all channels, and facilitates better decision-making.
NetSuite Software Retail ERP Features
This ERP Software for Retail Business comes with inventive real-time financials and accounting. With such capabilities, you can know your numbers across all store locations, marketplaces, and ecommerce with a proven financial management system. You can gain more profitability and grow your business exponentially.
Also, you can gain real-time access to the financial and operational performance of your retail business. With this ERP in Retail, you can improve operations and automate transaction flow. It allows you to reduce manual data entry to eliminate errors, and improve time to value.
With NetSuite Retail ERP, you can manage risk and maintain compliance with applicable accounting standards while establishing control and enabling audit trails.
By leveraging this Retail ERP Software, you can optimize the use of your inventory, reduce handling cost, optimize cash flow, and offer products to your customers as and when they want them. It allows you to manage inventory and supplier relations more effectively. You can centrally manage inventory across multiple locations/selling channels, and optimize inventory levels. Additionally, you can reduce stock outs with demand-based planning, assessing historical demand, sales forecasts, and seasonality.
You can boost profitability by managing inventory more efficiently with enterprise-level inventory visibility, and drop down shipping costs due to unplanned replenishment.
This ERP Software for Retail Business facilitates Buy Anywhere, Fulfill Anywhere, Return Anywhere. You can ascertain consistent, and efficient order management across all channels and fulfillment options throughout the order life cycle. This enables businesses to meet customer expectations, and boost profits. Retail businesses can multiply revenue and customer lifetime value with cross-channel inventory and order management.
Additionally, NetSuite Retail ERP Software helps increase on time delivery, and reduce shipping cost by setting rules to ship from the closest location. By leveraging this ERP in Retail, you can deliver seamless cross-channel interactions with 360-degree view of your clientele.
What is NetSuite retail?
NetSuite Retail delivers an end-to-end cloud business suite. It can be utilized for financials and accounting, inventory and order management, CRM and marketing, and ecommerce for retail business. It is one, singular instance of data across your entire retail business and renders extensive visibility across all the channels for improved decision-making.
What is NetSuite used for?
NetSuite is a business management technology solution. Its portfolio covers tools and applications for enterprise resource planning (ERP), financial management, e-commerce, omnichannel commerce, customer relationship management (CRM), and professional services automation (PSA).
Why NetSuite is better than SAP?
As both the ERP modules hold the capability to manage the manufacturing and supply chain, NetSuite is better suited to businesses that do not need any marketing or HR modules. SAP is the professional service offering in-depth human resource management as well.
Is NetSuite good for inventory?
NetSuite is a great and highly scalable solution for advanced inventory management. This business management solution allows for automated workflows, reorder points, and various other necessary inventory management tools.