Transform your retail business with a robust cloud-based NetSuite ERP and excel at omnichannel commerce.
At Folio3, we have been serving the industry for around 20 years. Our clients are our major referrals because of the quality service we provide. We have 50+ Chartered Certified Accountants and 10+ solution architects who understand the financial and technical problems of the retail industry. Whether you need to scale quickly or need a custom NetSuite solution to manage your retail operations, we’ve got you covered.
Consumers demand flexibility, convenience, and personalized experiences. They want to shop anytime, anywhere, and through any channel without compromising on choice or price. According to Forrester Research, cross-channel shoppers spend 30% more on average than single-channel shoppers.
NetSuite SuiteSuccess Retail implementation enables businesses to establish an effective omnichannel strategy that delivers substantial and tangible results. As one complete system, it covers POS, e-commerce, CRM and marketing, inventory and order management, business intelligence, and financials.
Integrates online, in-store, and call center operations to provide a seamless customer experience.
Modern and flexible POS system that supports a variety of payment methods.
Avoid stockouts by getting real-time visibility into inventory levels across all locations.
Provides a 360-degree view of customer interactions and preferences to personalize marketing and sales efforts.
Forecasts demand to optimize inventory levels and reduce carrying costs.
Seamlessly integrates with leading e-commerce platforms to synchronize product, inventory, and order data.
NetSuite modules address the unique challenges of the retail industry with comprehensive solutions. The following NetSuite modules can be used by the retail sector to run operations uninterrupted, personalize customer experiences, and utilize an omnichannel strategy.
With a trustworthy financial management system, you can access up-to-date information on the financial and operational performance of your stores and marketplaces. You can also automate transaction flows. To control risk and increase profitability, you should adhere to accounting standards, set up controls, and allow audit trails.
Centralized inventory management across all locations and sales channels will improve supplier relations and inventory management. It will also improve cash flow and profitability while lowering COGS, shipping costs, and handling costs. Demand planning, in conjunction with predictions and historical data, will reduce stockouts and guarantee on-time product delivery.
To satisfy customer expectations and increase revenue, smooth cross-channel order management with adaptable fulfillment and return alternatives can help. Sending orders from the closest location can reduce shipping costs. Enterprise-wide inventory visibility can increase revenue and on-time delivery. This will help you provide outstanding customer experiences with accurate order fulfillment.
With NetSuite, create immersive shopping experiences while managing customers, orders, and inventory with ease. Improve client satisfaction with order tracking and support calls. Increase conversions through targeted promotions and optimize websites with a responsive design for all devices.
CRM modules help businesses manage all interactions with current and potential customers. It facilitates the unification of customer and company data from multiple sources and help better manage relationships across the customer lifecycle, from marketing and sales to customer service interactions and post-purchase feedback.
Electronic Funds Transfer (EFT) payments, customer refunds, and customer payments (direct debits) are the electronic banking features in the NetSuite. This module helps prevent check fraud via Positive Pay service provided by top banks. It helps guarantee that consumer invoices are automatically paid and that workers and suppliers are paid on schedule.
Our NetSuite ERP implementation methodology is the best because we work with our clients to create a detailed implementation plan and timeline for the project, identifying the business requirements, potential risks, and use cases. This ensures we implement your NetSuite for retail business with minimal disruption.
We develop a detailed project plan outlining modules, timelines, and milestones.
We assess your current operations to identify core business needs and areas for improvement.
We tailor NetSuite implementation to fit your business needs through configuration and personalization.
We help seamlessly migrate data from legacy systems to NetSuite while maintaining data integrity.
We connect NetSuite (optionally) with existing systems and third-party applications for seamless data flow.
We provide comprehensive training and handholding during UAT to ensure user proficiency and satisfaction.
We help launch the NetSuite system smoothly with minimal disruption to your operations.
We offer continuous post-implementation support to make the ERP system run and scale with your growth.
If your retail business needs ERP implementation, integration with existing applications, or ERP customization, our NetSuite-certified consultants are here to help you. Your retail business can have a comprehensive, personalized, and industry-specific solution for all its needs and pain points.
We offer post-deployment NetSuite managed services, including module implementations, workflow customizations, and bug fixes. Our specialized team provides personalized NetSuite support for any industry.
Connect your NetSuite with any platform of your choice using our pre-built connectors. Enjoy seamless integrations with payment gateway, eCommerce platforms, marketplaces, and POS.
NetSuite ERP for Retail is a comprehensive cloud-based ERP solution. It is designed specifically for retail businesses as it integrates all key retail functions such as POS, e-commerce, CRM, inventory management, and financials into a single platform.
NetSuite for Retail is highly scalable and can be customized to meet the evolving needs of growing retail businesses. It supports multiple locations, channels, and brands, making it an ideal solution for businesses looking to expand and innovate.
A NetSuite Alliance Partner like Folio3 has the expertise to customize NetSuite ERP to fit your specific business needs. They can customize workflows, reports, and integrations with other systems to ensure seamless operations and optimal performance and provide a solution that aligns perfectly with your business processes.
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