The Value Proposition – Doing More with Less

Modern business is complex. There are many suppliers and even more customers transacting with our employees every day. It's difficult to collate all that information because it involves sales, fulfillment, billing, and collections, as well as ordering products to sell in quantities that keep stock at their optimal levels. In addition, an accountant requires that copies of all transactions be kept to create income statement and balance sheet.

You may ask how ERP and NetSuite, in particular, can help in running a business. In this chapter, we will focus on the value of ERP as well as the NetSuite value proposition, namely that the whole is greater than the sum of its parts.