8 min read
Businesses are embracing the importance of a cloud-based ERP system and feeling the urgency to modernize.
In their pursuit of expansion and success, businesses are coming to recognize the importance of updating their outdated methods to align with current industry standards. Companies must build a strong foundation that not only supports their future growth but also provides the necessary data visibility, adaptability, and scalability.
Hosted cloud solutions, struggle to meet the needs of businesses today or in the upcoming century. SAP Business One mirrors conventional legacy software that has been engineered for the cloud. Its software is accessible through a browser, utilizes a hosted single-tenant solution, and is faced with a version-locked, complicated IT configuration that often creates business disruption.
Modernized SaaS systems empower a cohesive data model that aids in enhanced decision-making. According to Gartner, “Cloud is the number one technology affecting IT today. By the start of 2024 more than half of the global enterprises already using cloud today will adopt an all-in cloud strategy.”
Businesses with a cloud-first approach have wildly benefitted from the framework of the application rather than the components. Organizations have lowered costs and increased speed, security, flexibility, and total cost of ownership, permitting faster deployment procedures, ease of use, and reduced risk in the cloud. Cloud-based ERP systems allow companies to react to market movement.
What is a hosted cloud?
Not all cloud systems are true cloud systems. True cloud solutions are built and operate in the cloud with a multi-tenant environment, are always on the current version, and continue to scale with your business as it grows.
True Cloud vs Hosted (Fake) Cloud
With the marketplace changing faster than ever before and competitive pressures continuing to mount, companies are realizing that their historical processes and solutions may not be adequate. They need to modernize their IT infrastructure to a true cloud solution to provide the visibility and scalability necessary to adapt quickly. True cloud ERP systems enable businesses to respond to market dynamics better than fake cloud or on-premise solutions through rapid scalability, access to distributed workforces, and real-time visibility into the organization from anywhere.
Unlike fake cloud and on-premise systems, true cloud solutions provide a full view of the customer, which equips employees at all levels with real-time information to support intelligent decision-making. The IT team is freed from the complex integrations and upgrades that can prevent businesses from outrunning the competition.
When a company mistakenly implements software with a hosted cloud framework, the following struggles are inescapable:
NetSuite vs SAP Business One – The Major Differences:
1. NetSuite is fluently tailored, configured, and customized to meet individual business needs that NetSuite customers can do themselves.
NetSuite sustains a point-and-click, rapidly changing infrastructure of interfaces, roles, and reports, without the knowledge of complicated code. SAP Business One involves a disconnected MS Visual Studio tool for modifications and services help for even the slightest changes.
2. NetSuite is the #1 true cloud.
NetSuite leads the industry in implementations and is 10 times larger than the next largest competitor in the cloud ERP market. Oracle NetSuite is also ranked as a leader in Worldwide SaaS and cloud-enabled mid-market ERP applications by IDC Marketscape. SAP has a small amount of ERP customers on its cloud versions and is slowly making the shift to hosted cloud development.
3. NetSuite provides up-to-the-minute, drill-down, custom-made reporting.
NetSuite utilizes a single database for all business information allowing users to construct individualized reports and drill down into many detailed layers in the system. SAP requires a supplementary SW package (SAP Crystal Reports) for custom reporting but does not offer drill-down reporting options.
4. NetSuite offers implementations at a fixed cost.
Every single SAP purchase is an individual build and so are its costs. Implementations often are underestimated and run over budget, pushing customers to deplete space and discover the need for an upgrade shortly after months of use. (Learn more about NetSuite pricing).
5. NetSuite maintains a consistent user interface across the entire system.
SAP is working towards a harmonious UI but has not yet harnessed this on a regular basis. In order to sustain the same level of functional capabilities that NetSuite offers, SAP needs to utilize other products at every stage of the user interface expansion.
Download the 2024 NetSuite vs SAP B1 Comparison Guide
NetSuite’s True Cloud Benefits:
• NetSuite is scalable, cost-effective, and customizable to meet unique business needs.• Its multi-tenant, modern, cloud-based ERP application grows and scales with your business.
• Streamlined and automated business processes.
• NetSuite is always current, accessible anywhere, and efficient.
• Run your business on a single solution across all departments with your unique business requirements.
• NetSuite offers proven best practices to get your system up and running successfully.
• Eliminate IT hassles and reduce total cost of ownership by up to 50%.
Switching from SAP Business One to NetSuite is hassle-free.
Are you looking to make a software change to enhance your business future? Don’t let your outdated software hold you back. Want to learn more about the #1 Cloud ERP software on the market? Contact our experts today.
We can help you to evaluate, purchase, implement, and support NetSuite today.
Working with Protelo, you will receive:
• Customized NetSuite pricing
Our award-winning NetSuite consultants are here to make your business better with NetSuite!