NetSuite for Small Business
and Startups

Growth Mode: Activated

Businesses in your industry are growing with NetSuite. They’re seeing results like increased revenue, increased gross margins, and reduced inventory costs. Many small businesses face challenges, from outgrowing starter software like Quickbooks to industry competition and budget constraints. We understand these hurdles and are here to help you determine if implementing new ERP software is right for your business. Learn more about NetSuite for small businesses below.

NetSuite for Small Business

Why NetSuite for small business? There are many factors when deciding what software is right for your business. Discover if NetSuite is the best ERP for you. Learn more about NetSuite for small business and startup companies.

Why NetSuite for Startups and Small Businesses

We don’t have to tell you, running a business can be expensive. While costs have to be considered, investing in business software is often necessary to run your business smoothly while facilitating growth. A common reason small businesses consider new enterprise software is because you have separate systems for accounting and inventory management as well as potentially other separate software for different parts of your business. Enterprise resource planning software solves this problem by providing one system for all of your important business processes – but ERP can be costly.

NetSuite is a more affordable option for businesses that need one source of truth – one software system to run your business. NetSuite is a cloud-based ERP software solution designed to grow with your business. NetSuite provides real-time visibility into your company’s performance and comes equipped with built-in business intelligence tools to help you make informed decisions that will help your company grow.

As a complete solution, NetSuite provides a full suite of software tools, such as financials, supply chain management, e-commerce, human resources, order management and more. These robust applications are role-based, making it more user-friendly and easier to navigate based on the user’s department and responsibilities.

This comprehensive view paints a clear end-to-end picture of your company’s processes at every stage. Coupled with the real-time data, this functionality provides you with the flexibility and insight to spot strengths and weaknesses to be optimized, paving the way for growth. As you grow, NetSuite will grow with you.

Features of NetSuite for Small Businesses

  • Affordability – the cost to purchase NetSuite software and to implement NetSuite software can vary greatly depending on how many user licenses you need and the base software package you purchase. NetSuite software costs start at around $20k a year. There will also be additional implementation costs to get started. NetSuite is more affordable for small businesses compared to other Tier 1 ERP software suites.
  • Scalability – NetSuite can scale from startup to mid-sized companies without needing to switch systems. NetSuite grows with your business and also helps facilitate growth for your company (see below).
  • One Software Suite to Run Your Business – NetSuite has tools for accounting and financial management, inventory management, CRM for customer management, sales and invoicing, and more. NetSuite has built-in reporting and business intelligence and tools for automation that save time and money.
  • Implementation Timeline – compared to other Tier 1 ERP software it can be faster and more straightforward to implement NetSuite.
  • Integrations – there are hundreds of applications that connect and integrate easily with NetSuite including SalesForces and Amazon Business.

Growth Mode: Activated.

Businesses in Your Industry are Growing with NetSuite

10% Increase in Revenue PerformanceCompanies that use NetSuite business software increase revenue performance by up to 10%.
5% Increase in Gross MarginsCompanies that use NetSuite business software increase gross margins by up to 5%.
30% Reduction in Inventory CostsCompanies that use NetSuite business software reduce inventory costs by up to 30%.

Benefits of NetSuite for Small Business

Are you ready to take your business to the next level? Many small businesses face challenges, from outgrowing starter software to industry competition and budget constraints. We understand these hurdles and are here to help you determine if implementing NetSuite software is right for your organization.

  • Next-Level Software – Using starter business software that you’ve outgrown is a common problem. Moving to a Tier 1 ERP software like NetSuite can be a competitive advantage and a differentiator to stand out and excel in your industry.
  • Increase Profitability – Many businesses face profitability roadblocks, but with NetSuite, companies can increase their gross margins by up to 5% on average.
  • Reduce Costs – Inventory and financial challenges can weigh down your business. NetSuite business software offers an effective solution by helping companies reduce inventory costs by up to 30%.
  • ERP Software That Doesn’t Break the Bank – The cost of ERP software is a concern for many small businesses. However, NetSuite offers an opportunity to implement the #1 cloud ERP for less than $10k.

Source for growth stats: NetSuite for fast-growing business

Switching to NetSuite from Quickbooks

Many small businesses move from Quickbooks to NetSuite. Transitioning to NetSuite allows companies to overcome limitations in Quickbooks such as data visibility, performance constraints, and manual workflows. NetSuite provides real-time insights, seamless integration, and the flexibility of access from anywhere at any time. Terillium, with nearly 30 years of experience, has assisted numerous small and medium-sized businesses in making this transition successfully.

For example, West Point Optical Group, operating 82 retail stores with plans to expand to 125, outgrew QuickBooks and transitioned to NetSuite. With Terillium’s assistance, they converted their data, set up necessary financial reports, effectively trained users, and went live in under 90 days, all while staying under budget.

While QuickBooks Online offers convenience, it may lack advanced features and industry-specific functionalities. NetSuite, as a comprehensive cloud-based ERP solution, provides robust capabilities across financial management, advanced reporting, and customization options, making it a superior alternative for businesses seeking scalability and process automation.

Moving from QuickBooks to NetSuite can significantly enhance business operations by providing a more integrated, scalable, and efficient platform.

NetSuite SuiteSuccess Starter Edition – NetSuite Small Business Pricing

One of the most valuable assets that NetSuite offers a startup or small business is that operations can be run entirely on a NetSuite platform. But full solutions can be out of range for small companies. Enter NetSuite’s SuiteSuccess Starter Edition – a total solution designed to make ERP for small business more accessible.

Startups and small businesses that choose NetSuite SuiteSuccess Starter Edition aren’t selecting a watered-down ERP with light versions of key applications and less functionality. Companies will receive the full suite designed for the specific needs of a smaller enterprise.

NetSuite Implementation - Working with a Partner

One option for small businesses looking to implement NetSuite is to work with an official NetSuite partner, like Terillium. Clients have told us they selected our team as their NetSuite implementation partner because of the “white glove” service we offer.

Here is what you can expect from our NetSuite implementation consulting team:

  • A well-established project plan that combines NetSuite best practices (including features specific to your industry) and our proven ERP implementation methodology
  • A partner who will lead you and your team through every step of the implementation process – we are proactive and hands-on
  • Access to a dedicated success manager, senior NetSuite consultants, and functional specialists in finance, manufacturing, supply chain and more
  • In-depth NetSuite knowledge and expertise as well as a breadth of ERP software experience across many industries
  • Comprehensive testing throughout the implementation process to ensure success
  • A training plan to make sure all users are comfortable with the software and set-up to make the most of your investment in NetSuite (as well as change management strategies when needed)
  • A carefully orchestrated go-live to ensure minimal disruptions and a seamless transition to your new system
  • Flexible support options for ongoing managed services post go-live
  • And more

NetSuite Professional Services Activation – Implementation at Low Cost

Another resource NetSuite offers for small businesses and start-ups is a Professional Services Activation. This is an avenue to explore if working with a NetSuite implementation partner is too costly for your business. As part of the NetSuite Professional Services Activation, 10 or fewer users are set up with roles in the NetSuite platform. By the end of the first phase, the software is up and running with your most integral tools, such as financials, customer relationship management, or CRM, inventory management and more. Additionally, SuiteSuccess Starter Edition delivers 95 or more pre-built reports and pre-configured roles with dashboards and business intelligence metrics.

With an affordable (usually less than $10k for implementation), focused implementation, your business can see a return on investment quicker. Businesses are live on NetSuite in days with the SuiteSuccess Starter Edition, as opposed to potentially nine months or longer. Once you’re up and running, you’ll also be able to adjust your software according to your business’ needs, as well as integrate any third-party applications you might require.

NetSuite Alliance Partner

NetSuite Consulting You Can Count On

Certified NetSuite Consultants Who Deliver Results that Matter for Your Business

Terillium is an official NetSuite partner helping businesses with implementations, support services, and special projects. After nearly 30 years in business, our team’s ERP expertise is unparalleled. Our certified NetSuite consultants partner with you to deliver results that matter for your business.

About Us:

  • Thousands of businesses have trusted Terillium with their ERP projects
  • 250 full-time consultants across the United States
  • 100% recommended by clients surveyed
  • 19 Oracle Excellence Awards
  • 16 years of ERP experience – average for our consultants

A few of our NetSuite clients

Amports NetSuite
Dansons
Terra Star

NetSuite Implementation Case Studies

Terillium has worked with many companies recognizing the tangible benefits of leveraging NetSuite in their business. Whether it’s achieving scalability, improving data visibility, or enhancing customer relationship management, these businesses demonstrate how NetSuite implementation can be a game-changer for businesses seeking to thrive in today’s competitive landscape.

Below are a couple of success stories – visit our NetSuite case study page to read more.

Kona Ice Transforms Operations and Drives Growth with NetSuite

Kona Ice, a prominent franchise with over 1,500 units across 49 states, faced operational challenges due to rapid growth. Their reliance on disparate systems like QuickBooks and Fishbowl led to scalability issues, manual processes, inconsistent reporting, customer service inefficiencies, and e-commerce integration gaps. To address these challenges, Kona Ice implemented NetSuite, aiming to unify their financial, manufacturing, and e-commerce operations into a single integrated platform.

Project Benefits:

  • Scalability: The new system supports Kona Ice’s expanding operations, allowing for seamless growth.
  • Process Automation: Automation of manual tasks has led to increased efficiency and reduced errors.
  • Enhanced Reporting: Consistent and real-time reporting capabilities provide better business insights.
  • Improved Customer Service: Integration across platforms has streamlined customer interactions, enhancing service quality.
  • E-commerce Integration: A unified platform bridges previous gaps, ensuring a cohesive online presence.
ReelFlyRod NetSuite

ReelFlyRod Prepares to Reel In Growth with NetSuite Implementation

ReelFlyRod, a premier full-service fly shop based in Dayton, Ohio, serves customers in over 150 countries and is an authorized dealer for top fly-fishing brands. To support its rapid growth and upcoming move to a new 7,000-square-foot facility, the company sought to replace QuickBooks with a more scalable ERP solution. Based on a trusted advisor’s recommendation, ReelFlyRod selected NetSuite and partnered with Terillium for the implementation.

  • Modern Accrual Accounting Processes: Transitioned from outdated methods to streamlined accrual accounting, enhancing financial accuracy.

  • E-commerce Integration: Seamless integration between NetSuite and ReelFlyRod’s website improved online sales management.

  • Streamlined Inventory Management: Implementation of RF-SMART integrated with NetSuite optimized inventory tracking and control.

Read the Full Story – NetSuite Case Studies

Get Started with NetSuite for Your Small Business

How to determine if NetSuite is right for your business

We can help you assess ERP software options and evaluate if NetSuite is right for your business.

Take advantage of our team’s knowledge and expertise, gleaned from nearly 30 years in business and 1000+ ERP projects. We can provide the following: 

  • Review of your business software needs including key functionality
  • Whether your company qualifies for NetSuite small business discounts on both software pricing and implementation costs
  • Data and third-party software evaluation
  • ERP implementation recommendations
  • Ballpark software pricing, including the number of recommended users/licenses
  • Ballpark implementation pricing

Contact Our NetSuite Team Today