NetSuite Training: Everything You Need to Know

Picture of Gary Jain
Gary Jain

Founder, Ledger Labs

NetSuite Training

Table of Contents

If you have been skeptical about whether the NetSuite training can help your business or not, then here is a guide that will help you figure out the same with ease.

NetSuite is one of the most popular and commonly opted business solutions. Organizations of all kinds, sizes and industries use the enterprise resource planning tool to manage and execute the business’s daily operations easily. The importance of the tool can be easily depicted by how more and more companies, businesses, and otherwise are opting for the solution. 

This trend toward NetSuite is increasing the demand for specialized people who can manage and operate the tool perfectly. This is because even if you opt for NetSuite in any business, you will still require some training or skill to manage the platform. It’s heaps and bounds better to hire and employ some NetSuite Service Providers in the business, but you may decide otherwise. 

So, this blog will answer all the queries related to how to learn NetSuite, NetSuite training, and its related attributes. Here, you will find out how and why training can help you get the most out of your NetSuite subscription with ease. So, let’s start with the basics and move on to the mains. 

What is NetSuite? 

To put it in simple terms, NetSuite is a platform developed by Oracle that allows businesses to manage daily and miscellaneous options and tasks related to any business. The sole purpose of the tool is to make everything easy for you. For the same, the platform provides you with multiple control options related to CRM, HR, e-Commerce, and many more. 

What Services are Provided By NetSuite? 

Generally, the services offered by NetSuite can be divided into four categories or parts. These services allow the business to control some of the most crucial aspects related to the business. This includes finance, buyers, e-Commerce platforms, and so much more that it’s worth every penny to invest in NetSuite. The four categories are presented below: 

  1. CRM (customer relationship management): The CRM segment allows you to manage, control, and unify the tasks related to the customer like complaints, returns, cancellations, and other aspects of the sales. However, some NetSuite training helps you use this feature in the best way possible. 
  2. Enterprise resource planning (ERP): Just like the name, the tool helps you with ERP, i.e. it allows you to understand how and where you should invest or employ your resources and by how much. This section covers invoicing, financing, warehousing, and other aspects of the business. 
  3. e-Commerce: Next is e-Commerce. Although the tool uses a slightly older method of phone management, NetSuite is still a worthy and reliable operator of  Point of Sale (POS). 
  4. Payroll: In the end, the platform also undergoes HR responsibilities related to any business. This includes, but is not limited to, payroll management

Why is NetSuite Training Necessary? 

Now that you know what and how NetSuite works, you may ask why it is important to undergo NetSuite free training. The answer to this question is varied as there are varied benefits of using the platform after training. Some of these benefits are provided below: 

  1. Feasible Reporting: After undergoing NetSuite free training, you can easily create the required reports for the business. You can then use the reports to make crucial decisions related to any business quite accurately. 
  2. Playing with Analytics: Analytics play a vital role in depicting how well a business works. Additionally, using the same you can ascertain where the business is lacking and what changes need to be made to pave the way for growth and increased profitability. So, it’s important that you undergo NetSuite training and get things done correctly. 
  3. Dashboard Management: The dashboard of NetSuite shows you the real-time performance and other forms of data related to the business. Hence, after you have extensive NetSuite accounting software training, you can easily personalize the dashboard and modify it in a way that benefits and helps you the most. 
  4. Ascertaining KPIs: KPIs show what’s the actual status of different aspects and matters of the business. You can use the NetSuite accounting training to know how to improve the KPIs to get the most out of them. Additionally, you can also ascertain what’s affecting the business adversely, the degree of adversity, and the pattern or technique of good riddance of the same. 
  5. Unified Access: Even if you underwent Oracle NetSuite training for beginners, it can help you anywhere. You can’t always be available at the official premises of the business. NetSuite is available and accessible on different devices and platforms. So, a little training will mean that you can access the real-time performance and data related to the business and use it as required to make end-moment decisions if the need ever arises.  
  6. Independence: Another one of the major benefits of NetSuite free training is that it makes you independent. If you don’t undergo the training, you will need to rely on a third-person, office employee, or service provider to help you understand as well as get the most basic information related to the business. You can easily bypass these bounds of technicality by undergoing training. This is quite necessary as even if any query makes you scratch your head, you can just log in to the platform and get the required information with ease. 
  7. Accurate Usage of Features: NetSuite training means that you will get all the information about the working of different aspects and features of the tool and their importance. Using the same, you can get specific and accurate information as and when required. This will allow you to use every feature and functionality of NetSuite for the benefit of your business. 

How Much is the Cost of NetSuite Training? 

Watching the ever-increasing importance of NetSuite, more and more individuals are opting for NetSuite accounting training. This has resulted in a substantial increase in the price of training. The price can at times go as high as $17,000. However, you get multiple options to learn the platform accordingly. If you opt for extensive training and expertise, then you need to pay more, invest more time, and vice-versa.

How Much Time Does it Take to Complete NetSuite Training? 

Just like the cost of NetSuite accounting software training, the time of training is also variable. Additionally, as there are different versions of the platform, you also need to define how much you are willing to learn and in what area before even trying to figure out the time. The time for Oracle NetSuite training for beginners is comparatively less and as you try on adding more and more aspects to the courses, the time increases. 

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