Native Built-for-NetSuite Solutions: Why the Buzz?
The inception of NetSuite dates back to 1998, making it the first cloud-based software company. Acquired by Oracle in 2016, it remains a pivotal asset within the tech giant’s portfolio. Your organization might already utilize various NetSuite products, yet the term "native" solutions could be unfamiliar to you. A Native Built-for-NetSuite solution refers to applications specifically developed within the NetSuite environment, allowing for seamless integration and performance. In contrast, non-native solutions are built on separate platforms and require integration through connector codes. This means native solutions facilitate better communication between applications and the main platform.
What Benefits Do NetSuite-Native AP Automation Solutions Offer?
When evaluating NetSuite custom solutions, keep these advantages of native solutions in mind:
1. Minimize Integration Risks and Costs
NetSuite serves as a sophisticated business solution, resulting in unique implementation experiences for each customer. While this adaptability is beneficial, it poses challenges for integrators. Third-party applications often maintain records, transactions, and processes outside of NetSuite, leading to multiple sources of truth and possibly disorganized systems. However, with SuiteApps like NextService that are built within NetSuite, all pertinent information remains in one system, allowing API calls to directly access Work Orders without the need for additional data synchronization.
2. Enhance User Acceptance
Adopting an unfamiliar system can present a steep learning curve, which is not ideal. While many AP Automation solutions claim user-friendly interfaces, they still require users to learn a completely new approach. In contrast, NetSuite-native solutions follow familiar patterns for processing transactions and managing data, providing consistency that benefits everyone involved in the accounts payable (AP) process.
3. Upgrade Systems Seamlessly
NextService benefits from automatic updates alongside NetSuite. It ensures compatibility with new features introduced in NetSuite without the hassle of complex upgrades-a scenario many businesses dread based on past experiences with on-premise solutions. NetSuite has refined its update processes, and as a certified app, NextService undergoes annual evaluations to maintain compliance with Native Built for NetSuite standards.
4. Simplified Reporting Processes
Reporting is streamlined and more accurate when utilizing Native Built-for-NetSuite solutions. Because all AP data resides in NetSuite rather than in various disconnected systems, reporting becomes more comprehensive and straightforward. By keeping AP-related data consolidated, it is easier to integrate additional information, such as employee or item data, for enhanced reporting outcomes.
5. Strengthened Data Integrity
Maintaining data integrity can become challenging when records are scattered across different platforms. For instance, if you employ a standalone AP Automation tool that integrates with NetSuite, invoices could remain unresolved if the external system does not recognize financial transactions logged in NetSuite. Such discrepancies complicate the reconciliation process and lead to potential issues.
In Conclusion!
Using NetSuite allows businesses to operate effectively, maximizing revenue while minimizing operational expenses. By merging two systems, organizations can efficiently meet their objectives with reduced costs. However, leveraging automation and integration tools to enhance your NetSuite environment requires strategic foresight and execution.
