Cloud computing is a promising option for small and medium businesses as well as large enterprises because of the low cost of inputs.
In addition, it offers ownership and market entry faster than on-premise software and servers. According to IDC, SaaS software is set to grow six times faster than all other software and double the compound annual growth rate (CAGR) at around 26% by 2014.
Organizations choosing cloud computing tactics faced the choice of using separate cloud computing systems for key processes, such as financial management, customer relationship management (CRM), and branding. or should use a model that integrates the whole function on and other aspects. Businesses need to realize that while cloud computing addresses many of the problems that other on-premise software products do not, cloud-based applications such as silos may not be as effective. This has led to integration challenges as well as budget overspending.
Silo cloud and risk of separation
Without the integration of cloud applications, businesses may be forced to tune each and every application as well as daily operational data warehouses. This slows down the process and reduces the flexibility that the company is aiming to develop. Consider the disadvantages of using a silo cloud solution:
Data fragmentation continues to occur even when using multiple cloud applications. Overlapping databases must be consolidated and reversed to create a comprehensive and consistent view. In fact, the on-premise software will move data to the cloud.
Each application has its own configuration type. When users try to apply software to their needs, they may find it difficult to track many types of configurations at the same time.
When using a silo cloud, it's hard to get a complete picture of how people use software because they have to control multiple applications at the same time.
Users have trouble controlling the end-to-end process (from start to finish) because they have to consolidate many applications and databases to get results.
Take the example of analysis and reporting: To get a credible view of business results, a company with six cloud computing resources will face a business intelligence mission - Gather information from different sources and report them to the spreadsheet. In addition, businesses need to spend time extracting information, consolidating and ensuring the authenticity of data from different applications.
Advantages of integrated cloud applications
To avoid this limitation, users need to have a collection of integrated cloud applications into a codebase and database. The integrated application provides an overview of the business process. Characteristics of such a system include:
ERP, CRM, HR, ecommerce, warehouse management, project management, and customer care applications work together in a single application pool and database.
The process of moving easily from one application and one component to another, from quote to order, or from purchase to payment.
There is only one software repository for real-time reporting and allows people to monitor the visibility of the business without spending a dime for the repository.
The self-analysis and reporting features are customizable and expandable.
The basic platform can be customized easily according to the needs of business and industry. They also allow applications to evolve as business strategies change.
Compared with silo cloud solutions, enterprise-class cloud solutions help to improve IT productivity:
Awareness: People can easily access and receive the information they need without constantly asking.
Increased process efficiency: The process of automating from one department to another in applications designed to support one another. In addition, the solution eliminates costly and error-prone application integration.
Fast innovation: Since users often change information and processes quickly, business organizations can update themselves on their own, rather than rely on IT.
Business Connectivity with IT: Automating processes and data anytime, anywhere, without the hassle of technology.
The main functions of NetSuite's integrated business management suite
Các chức năng chính của bộ tích hợp quản lý kinh doanh của NetSuite
From the very beginning, NetSuite has solved the problem not only in the field of application, but also provides better solutions that help the most important processes in the business. Integration is inherent in the NetSuite product. All enterprise functions are integrated in a single database, application and code version. Main functions include:
Accounting and Operations: Finance is the backbone of any company and a well-designed system will ensure that your back-office processes are well-connected. NetSuite solutions include financial planning, planning, purchasing, inventory, time, billing as well as personnel (HR) and more. Integration of these functions helps to promote efficient operations from ordering to payment. For SMBs, integrating processes throughout the customer cycle is especially important because they need to ensure they have enough cash flow every month.
CRM (Customer Relationship Management): In the era of customer desire is placed on the top, their views become more important than ever. NetSuite unifies salesforce automation, marketing, customer support, opportunity management as well as innovation and upsell management systems. This allows business representatives to have a comprehensive view of the customer experience as well as transaction history.
Ecommerce: NetSuite provides the foundation for any business that needs to create a customizable online store. If you plan to sell on the web or use online signup or self-service, it's important to integrate functions like inventory, accounting, sales or support. Helping economic growth, and NetSuite bring this integration.
Business Intelligence: Information about operations, strategies, and tactics needs to be implemented in real time with a unified, solid, and rationalized system without a data warehouse. NetSuite provides a pre-configured dashboard and performance metrics. Besides, it also allows companies to customize according to their own analysis capabilities. As a result, anyone at every level of the organization can create, manage, and use business information to make better and faster decisions.
Business Process Management: For fast-paced companies, setting up, organizing, and changing business processes is an important part of continuing to grow. NetSuite provides a tailor-made platform for customizing and automating business processes as well as workflows from finance, marketing, sales, service and more. Organizations can respond to change faster by adjusting business processes and acceptance chains based on business needs or organizational change.
NetSuite's cloud-based solutions bring many benefits to the enterprise
Conclude
For fast growing and medium businesses, resources need to maintain and develop the IT infrastructure to support large business needs. Cloud computing is often considered to be an effective and fast solution with low cost. On the other hand, even if the solution consists of only one integrated application in the cloud, businesses still need to be careful not to repeat the same mistakes in the past and end up with a mess. With the development of cloud computing, businesses must have long-term strategic visibility for their applications. They should understand the applications and business processes of parts and trades, and optimize the structure of the application through the process of use and cooperation. By combining integrated application strategies with cloud computing, businesses can grow at lower cost and improve their competitiveness.
On September 25, 1974, Gimasys signed on to become the first Solution Provider for NetSuite in Vietnam, bringing Vietnamese businesses with a breakthrough in the digital era. solution on the cloud platform (true cloud).