There are numerous advantages to using integrated business software applications like NetSuite.
A rapidly growing company can quickly become entangled in a web of complex software applications, including accounting, inventory management, and financial consolidation systems.
This type of business management architecture is suboptimal for handling short-term business needs and can cause serious damage to a company’s growth and profitability in the long run.
While integrated software applications like NetSuite require an upfront investment, they produce exceptional returns, especially when coupled with the right third-party integration tools.
5 Advantages of Integrated Software Applications
1. Improved employee productivity
If your employees are bogged down by inefficient and disjointed systems, they cannot perform at an optimal level.
Tasks like manually transferring customer data from one system to another can increase errors, take away from the employee’s core duties, and reduce the overall agility of your company.
Adopting NetSuite helped one manufacturer reduce order processing time by 66%. What could that kind of improvement do for your company’s efficiency and profitability?
2. Real-time visibility
When companies have to deal with multiple siloed systems and overlapping databases, they can never see a complete view of their business in real-time.
This prevents them from making the kind of quick, accurate business decisions required to stay agile in a competitive marketplace.
Integrated software applications can help you save countless hours of trying to tie error-prone, out-of-date information together. It gives you real-time visibility into your business.
3. Lower IT costs
IT departments waste a lot of time, energy, and money, maintaining and updating siloed business systems and applications.
Integrated software applications can help by letting IT professionals focus on strategic initiatives that add to the company’s bottom line.
4. Lower customer churn
Providing an exceptional customer experience is essential for retaining your customer base.
It is also one of the most powerful advantages of integrated software applications.
An integrated software system ensures that customers are able to access their data anywhere, get their issues resolved quickly, and avoid inventory sync issues.
This makes your customers more satisfied - and more likely to buy from you again.
5. User-driven innovation
When using integrated software applications, changes and improvements can be implemented very quickly.
Everyday users can utilize their functional expertise to spot and address performance issues, and your company can create tailor-made workflows that support optimal performance.
How Integrated CPQ Software Can Help
Fully integrated configure, price, quote (CPQ) software offers multiple advantages to NetSuite users.
It is an all-in-one sales solution which takes NetSuite’s customer relationship management features from good to great. Here's how!
Improved sales rep productivity
CPQ software makes selling fast and intuitive.
With integrated CPQ software, sales reps can easily generate custom proposals and approve orders without leaving the NetSuite interface.
Plus, the self-service tools available in CPQ software frees up their time and lets them focus on other revenue-generating activities.
Real-time visibility and access
Cloud-based CPQ software can give everyone the access they need, whenever they need it.
Managers can view sales data, sales reps can enter quotes and confirm orders, and engineers can customize product data - all inside one simple, integrated software application.
Significant revenue growth
The self-quoting capabilities of CPQ software can help optimize the sales process, shorten your sales cycle, and improve conversions.
If your CPQ software includes guided-selling capabilities, CPQ integration will also help you generate more revenue and increase deal size by upselling and cross-selling your existing customers.
Lower operational costs
The automation features of CPQ software help businesses minimize quote and order errors, minimizing the costs associated with fixing them.
The right user-friendly CPQ software can also help you lower costs associated with sales rep training.
Why Choose Verenia CPQ
There are multiple advantages to choosing Verenia CPQ for NetSuite.
Maximize your NetSuite investment
Our CPQ helps you take NetSuite CRM features to the next level by increasing your company’s profitability and decreasing operational costs.
Verenia’s CPQ for NetSuite can help you shorten your sales cycle by 27%, boost conversions by 19%, and increase the average deal size by as much as 105%.
The benefits don’t end there: we have also helped our clients decrease error rates by 93% and reduce sales rep training by 99%.
Verenia’s CPQ for NetSuite is the only CPQ on the market that is already 100% integrated with NetSuite. Its modern, user-friendly interface looks and feels like a part of NetSuite - because it is.
There are no hidden integration costs for you to worry about and no unexpected adoption issues for your IT department to handle.
We will walk you through every step of integrating our CPQ with your existing business processes and provide ongoing assistance to match the current needs of your business.
One of the toughest integration challenges many businesses face is creating an integration plan that works for your business in the long term.
We provide ongoing support to all of our clients to make sure our CPQ is working for their current business needs.
If your company is growing rapidly, we will help you use our CPQ to adjust your sales processes for maximum profitability, while keeping costs down.
And, since our CPQ is 100% native to NetSuite, you don’t have to worry about future updates NetSuite comes out with. Our software will be automatically updated to support any new features or adjustments in the core code of NetSuite.
Want to see Verenia CPQ in action?
We would be happy to show you around.
Simply schedule a free demo. One of our CPQ experts will be in touch within 48 hours.