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Venture Capital-Backed Companies

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NetSuite for Venture Capital-Backed Companies

NetSuite recognizes that companies at every stage of the investment cycle must be bold and move fast to remain competitive. They often need a system that can be deployed quickly and deliver value immediately. NetSuite gives venture capital-backed companies the software platform necessary to optimize performance and progress rapidly toward exit.

A Solution for Every Round of Funding

Whether you are pre-seed stage or scaling toward IPO, your business is all about consistency. NetSuite helps maintain business continuity so you can drive toward your ultimate exit strategy. Discover the features that make NetSuite the number one cloud solution for early stage businesses:

Comprehensive Business Management

NetSuite is committed to offering early stage companies migrating out of simple systems the ability to tackle all their financial challenges. Leverage what NetSuite has learned from working with thousands of companies across all industries with a customizable platform tailored to the needs of your business. Manage all aspects of your business in a single cloud-based system equipped with leading practices including financial and item management, procure-to-pay and order-to-cash.

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Business Intelligence

Access 95+ pre-built reports and pre-configured real-time dashboards with NetSuite. Business intelligence developed by people in roles like yours allow users to see the data, metrics and KPIs specific to their role in real time. Create saved searches and custom reports to conduct complex data analytics tasks with ease ensuring that your business is engaging with the mission critical information needed to drive positive change.

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Optimum Financial Visibility

NetSuite provides businesses with drill-down reporting capabilities to diagnose financial issues on the-fly and quickly act to drive business performance with informed decisions. Unified billing processes make managing revenue and complying with the latest revenue recognition standards seamless and built in governance, risk and compliance capabilities support diligence for future liquidity events—fundraising, acquisition and IPO.

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Resources for Agility and Control

Streamlined Implementation

Thousands of successful implementations with companies of all sizes has helped NetSuite understand the challenges businesses face from pre-revenue to IPO. For VC-backed companies this often means implementing a comprehensive business management solution on an accelerated timeline. SuiteSuccess, NetSuite’s leading implementation methodology, ensures you are up and running on a cloud-based solution in as little as 45 days.

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Dedicated Venture Capital Team

Venture Capital firms and their investments are aligned with NetSuite executives from the start to deliver exceptional service and preferred commercial terms to ensure a consistent NetSuite experience from day one. The Venture Capital Practice is the one-stop-shop for firms and their investments to be connected with the right NetSuite resources at the right stage in the customer lifecycle. This dedicated team can also help companies looking to raise capital find the right investors.

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Customization and Platform Flexibility

NetSuite’s flexible, agile and scalable solution empowers you to adapt your business. Young companies are equipped with a fully up-to-date IT environment geared for innovation and business transformation. No matter what state your business is currently experiencing, NetSuite’s solution provides the tools necessary to execute on a collective vision and realize your ultimate exit strategy.

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Venture Capital Backed Companies Thrive on NetSuite

See NetSuite for VC-Backed Companies in Action

  • Business requirements: The ERP system should meet your organization’s business needs and align with your operational processes.
  • Scalability: The system should be scalable to meet your organization’s future needs, including growth, expansion, and changing business requirements.
  • Customization: The system should allow for customization to meet specific business needs and integrate with other systems.
  • Integration: The ERP system should integrate with other systems and applications your organization uses, such as CRM, HR, accounting, and inventory management.
  • Ease of use: The system should be user-friendly and easy to use, reducing training costs and ensuring a smooth transition for employees.
  • Cost: Consider the total cost of ownership, including licensing, implementation, training, and ongoing maintenance costs.
  • Security: The ERP system should have robust security features to protect sensitive data and prevent unauthorized access.
    Vendor reputation: Choose a reputable vendor with a proven track record of delivering quality ERP systems and excellent customer support.
  • Support & maintenance: The vendor should offer reliable support and maintenance services to ensure smooth system operation and minimize downtime.
  • Industry-specific features: The ERP system should have industry-specific features that meet your needs, such as compliance with regulatory requirements or specific reporting capabilities.
  • Experience and expertise: Choose a vendor with a proven track record of delivering successful ERP implementations. Look for reviews, case studies, and references to evaluate the vendor’s experience and expertise.
  • Project management methodology: Check their project management approach and see how they manage risks, issues, and change requests.
  • Team composition: Ensure the vendor has the right team composition to deliver successful implementation, with skilled and experienced members having diverse expertise like functional, technical, and project management.
  • Customization capabilities: The vendor should have customization capabilities to meet your specific business needs and integrate with other systems.
  • Cost: Consider the vendor’s pricing structure, including implementation, training, and ongoing maintenance costs.
  • Training and support: Check their training and support processes and see how they will help you and your employees throughout the implementation and beyond.
  • Change management expertise: The vendor should have experience in change management, ensuring your organization can adopt the new system smoothly and efficiently.
  • Communication and collaboration: The vendor should have open and transparent communication channels and foster collaboration between their team and your organization.
  • Data security: The vendor should have robust security features to protect sensitive data and prevent unauthorized access.
  • Scalability: The vendor should have the capabilities to scale the system to meet your organization’s future needs, including growth, expansion, and changing business requirements