Here’s everything you need to know about NetSuite integration. Check out the advantages, complications faced during and after integration, procedure, and other details related to the integration with NetSuite.
Everyone knows that NetSuite is an amazing platform that’s responsible for the growth of thousands of businesses globally. However, those who use NetSuite or even have information about it would also know that a business can get the best out of the platform quite easily by integrating it with others.
This integration is quite helpful for businesses as it allows them to get consolidate data regulate to different aspects of the business on a single platform. Hence, whether it is a small-scale, medium-scale, or even large-scale business, they are always focus on integrating the platform with other ones.
However, just stating that the integration is important, does not justify it. Questions like is NetSuite integration worth the effort, what kinds of complications may appear during the integration, etc. are bound to surface. To answer these questions once and for all, we have brought together this guide. The data provided in this article will allow you to get the required information related to the process of integration with NetSuite. So, let’s proceed with the definition first and gather more information later.
What is NetSuite Integration?
NetSuite integration has been define as the task of bringing together other platforms relate to a business and connecting them at a single place or ERP platform called NetSuite. The other platforms can be any kind of system(s), program(s), database(s), endpoint(s), and any other feasible solution(s) for the business.
The integration with NetSuite ensures that any information that is collect by the other solution also goes through or gets record in the database of NetSuite. This means that as all the platforms are integrate, the business can enjoy and use a centralize system to monitor different aspects of the business. As there are multiple platforms that any business can use for the ease of operations and decision-making, there are different types of integrations as well. For example, NetSuite API integration, just like its name, is associated with the procedure to integrate an API like Salesforce into the NetSuite software.
Let’s understand the benefits of integrating any platform with NetSuite irrespective of the type of NetSuite integration partners.
Top Benefits of NetSuite Integration
Here’s what every business that’s taking the help of the cloud-based ERP should decide in the favor of integration with NetSuite:
Smooth and Automated Performance
One of the major advantages that you enjoy with NetSuite shipping integration, NetSuite eCommerce integration, or that of any other type is automated workflow. One of the major reasons businesses opt for integration is that it makes the whole procedure to record data from different platforms. Resultedly, you can command the platform after NetSuite Integration to gather the information and automate the rest of the services as per your requirements.
Additionally, integration also smoothens the flow of work. With the help of the integration, you can get real-time insights into the performance of different aspects of the business. The management of the business can then take the required decisions for the improvement of the processes.
As all the data from different platforms is collected automatically by the tool, it becomes quite easy for a business to increase the accuracy of data. When the storms are not integrated, the personnel employed within the business will need to gather the information by hand or in a manual way which can result in errors and omissions. Such errors can be gruesome especially when the task is crucial like that in the absence of NetSuite bank integration.
Channel of Communication
As different platforms come together with the help of NetSuite integration, a stable and reliable channel of communication is set up. The platform allows every buyer, seller, contractor, vendor, and other related party to come together on a single platform and seek solutions for their queries. This offers added benefits to the business as with NetSuite integration partners by your side. You do not miss any important update or query of any individual.
Another added advantage and one of the best reasons why you should opt for integration is the improved accuracy of decisions. When different platforms are integrated, you get consolidated information related to different prospects of the business. As these aspects of prospects are related to one another. The business can easily ascertain how modifying one thing can result in better performance of the other. For example, when you proceed with NetSuite shipping integration and NetSuite eCommerce integration. You can ensure that the orders are shipped accurately and the returns are picked up on time. This stimulates the overall growth of the business.
NetSuite integrations are highly customizable and manageable. Hence, they can deliver the required data and offer answers/solutions to the respective queries of the users. This allows them to get precise data within the reach any time a business wants.
Forecasting allows the business to foresee the upcoming events of the future and make amends or preparations accordingly. Hence, when any business involves integration with NetSuite, it gets the ability to forecast the future more precisely. The tool will access the trends in history at a particular period and offer helpful insights to you accordingly.
As you will get the required information about different aspects of the business in real-time. It will allow the business to be prepared and make the required amends while there is still time. This will allow the organization to skip any unnecessary damages to the finance and any unforeseen expenses.
Now that the benefits of integration with NetSuite are straightened out. Let’s have a deeper knowledge of the concept by having a look at the common complications that may appear during and after integration.
Integrate NetSuite With Other Platforms For Increased Feasibility
Try The Industry Experts And Professionals To Bring About The Favorable Change You Expect In Your Business Using NetSuite Integrations.
Complications Related to NetSuite Integration
The integration with NetSuite is not as simple as it sounds. While the company may decide to integrate various other third-party platforms or marketplaces with NetSuite, some problems may still surface. Below are the top three of the most common complications that may be faced:
1. Limited Integrations
Connectors are available for all businesses to integrate your existing platform with NetSuite. However, when too many connectors are used on a single license of the software. You may face errors like system crashing, lagging, stopping, etc. This is because there is always a limit to the number of integrations within a license. Hence, when a business requires to add more connectors or integrate more platforms. It will need to purchase either more licenses or much more expensive ones. This affects the decision related to how many NetSuite integration partners should be considered at a time.
2. Passive Performance
NetSuite is infamous for being too passive. The tool records the data quite slowly. Hence, sometimes businesses are forced to wait for even months after purchasing the platform. And stating the integration for NetSuite to be fully available for usage. This sometimes affects and even kills the spirits of the businesses to use and adopt the tool readily.
3. Complicated API
Although there are multiple advantages of NetSuite API integration, it’s very complicated to use one. The inclusion of tonnes of customization features makes it hard for the individuals to use it accurately. Additionally, the tool has a lot of potential and offers a lot of power to the users. But these are worthless if the user has insufficient knowledge about how to use the tool. That is the reason why any smart businessmen or subject matter experts always suggest you either undergo the NetSuite training or take the help of the NetSuite Accounting Experts. Like those available at the Ledger Labs to get the most out of the tool with ease.
Once you overcome these problems or find a workaround. All you need to do now is to proceed further and execute integration with NetSuite.
What are the Methods to Undergo NetSuite Integration?
It must be clear by now that integration is quite important for the users of NetSuite to get the best out of the tool. However, do you know that there are multiple methods to perform the integration despite multiple NetSuite integration partners? Below are some of the methods that will help you:
1. Start Fresh
The first technique or method to undergo integration is to start fresh. This means that you need to integrate each and every platform with NetSuite right from the start. For this, you must have a working knowledge of different aspects and attributes. There are multiple custom and pre-designed tools available for integration.
2. Use a Connector
Another approach to proceed with integration is to get a connector. Multiple connectors are available for businesses that help them with specific integrations like NetSuite bank integration, NetSuite API integration, and more.
3. Purchase an Integration Platform (iPaaS)
Last but not the least, the ultimate way to proceed with NetSuite integration is to get an iPaaS or the integration platform. iPaaS offers more flexibility, and ease to integrate into all businesses as compared to any other method of integration.
So, this is how any beginner or expert can proceed and execute integration with NetSuite. If you integrate the platform perfectly with other ones. You will get the advantage of the ease of conducting business, feasible management, enhanced decision-making, and many more. However, as complications are always there, it’s recommended that if you lack the knowledge to manage and proceed with NetSuite integration. Then it’s best to outsource the job to a third-party service provider, rather than taking a huge risk and making your sensitive business information vulnerable.
Hi, I am Gary Jain & I help business owners in taking control of their business finances by being a one-stop solution for all their accounting, taxation & CFO advisory needs.
Being an entrepreneur myself, having built and scaled businesses in a variety of domains, has helped me think from the perspective of the business owners and thus bringing in the clarity of the practical problems and their equally practical solutions.
Being from a humble background, I have always valued the importance of conserving resources & I dont like overspending businesses. I advise and work towards tightening the cash outflow tap and making business owners take a very different approach to managing their finances.