Change is a constant in business. To keep up, everyone must get better at navigating it. And that takes a plan.
Today, planning is not just limited to execs or even to finance. It’s fundamental to every type of organization. That includes large enterprises as well as SMBs and nonprofits. Within those organizations, every function plans as well.
Against this backdrop, the question to ask is: Are you getting the most out of your corporate performance management solution along with NetSuite ERP? If not, now is the time to do so by leveraging Adaptive Insights to gain competitive advantages and make strategic financial decisions.
Adaptive Insights tightly integrates with NetSuite ERP to create a comprehensive financial management solution. You’ll spend less time collecting, validating, and formatting data and more time on strategy and driving business decisions.
Here are five benefits you’ll gain by teaming Adaptive Insights with your NetSuite ERP solution:
Step #1: Better planning and forecasting
Looking forward starts with looking back. By using Adaptive Insights together with NetSuite for data collection and reporting, you’ll already be collecting inputs from all the crucial parts of your company. The more sources of data, the more comprehensive your planning can be. Not only that, but the reporting provides increased transparency into the data so you can understand the story behind the numbers.
Step #2: Better data
Data is the foundation of business. The better your data, the more useful it will be in spotting issues, predicting the future, and driving the company forward. Thanks to the tight integration between Adaptive Insights and NetSuite, importing data is fast and easy. No awkward imports. No problems to reconcile. No opening a service ticket at the end of the month. Instead of worrying about reconciling data through manual processes, you can start doing the things you really want to do with it, like creating better board reports and more deeply exploring the company’s performance.
Step #3: Better reporting
While NetSuite offers real-time reporting of customer relationship management data, Adaptive Insights allows you to add the crucial financial layer. Plus, our intuitive web reporting lets you instantly create, review, update, and share up-to-the-second reports with your team. In fact, with the ability to self-service, your CEO and other team members can even build their own reports on an ad hoc basis without adding a burden to the finance team.
Step #4: Better analysis
Once you have Adaptive Insights and NetSuite working together, the real fun begins. With a single platform, you can dig into huge, integrated data sets from across the company to discover larger trends or drill down into the details of a single transaction. An emailed spreadsheet is often out-of-date the second it’s sent. But with constant access to real-time data, you can be sure your analysis is based on the business as it stands at that moment. At the same time, intuitive finance dashboards make it simple to visualize data to help nonfinance leaders engage more.
Step #5: Better intelligence
With a combination of better data, reporting, forecasting, and analysis, you’ll be able to empower your teams to better manage the entire business. Everyone will be more informed, your team will be more aligned, and leaders will experience increased confidence in their decisions.
With change accelerating and imposing new pressures on decision-makers, the time has never been better to enhance your NetSuite ERP system.