Productivity Over Cash: The Key to Success for NetSuite Users
For many businesses, especially in the dynamic world of mid-sized enterprises, cash flow often takes center stage in strategic discussions. However, while cash is undeniably important, there’s a more nuanced metric that can truly illuminate your business’s path to success: productivity.
At Alta Via Consulting, we believe that for NetSuite users, the real story lies in how efficiently resources are utilized to enhance productivity, ultimately driving down costs and sharpening competitive edges.
The Cost of Transactions: A Productivity Lens
Consider this scenario: in your first year of adopting NetSuite, you invest € 100k and manage 50,000 core transactions, resulting in a cost of € 2 per transaction. In the second year, your investment slightly increases to € 105k, yet your transactions swell to 70,000, reducing the cost to € 1.50 per transaction. This reduction isn’t just a superficial statistic; it’s a testament to enhanced productivity.
For executives and CFOs, understanding how these productivity metrics evolve is crucial. The variable cost of processing transactions is a key indicator of operational efficiency. As long as this cost decreases, your business is moving in the right direction. Alta Via Consulting emphasizes the importance of these metrics to ensure that NetSuite users can extract maximum business value.
Key Performance Indicators: More Than Just Numbers
To truly grasp productivity, one must look beyond cash flow at a symphony of metrics:
- Total Cost of Solution per Transaction: This includes licenses and services, providing a comprehensive view of what each transaction truly costs.
- Transactions per Employee User: A direct measure of how efficiently your team is leveraging NetSuite to drive business processes.
- Total Cost of Ownership per Employee: This metric highlights the broader financial implications of your NetSuite deployment on a per-employee basis.
It’s this ensemble of metrics that you should look after, if you want to keep the productivity of your ERP system high. By focusing on these, you can make smarter, data-driven decisions that enhance efficiency and spur growth.
To further support our clients’ ongoing success, we partner with Etter+Ramli, a leading provider of NetSuite Managed Services.
Etter+Ramli’s Managed Success: A Proven Pathway
For NetSuite users seeking ongoing high NetSuite productivity Etter+Ramli provides a structured, proactive managed service modeled to maximize value and achieve desired business outcomes.
Our partners’ clients benefit from a dedicated Success Manager and a team of professionals who ensure operational excellence through continuous monitoring, maintenance, and improvement of your NetSuite environment.
Etter+Ramli’s methodology is not just about maintaining systems; it’s about empowering your team with the skills and insights needed to drive productivity. By lowering the total cost of ownership and enabling clients to allocate resources effectively, they allow your business to focus on what truly matters: delivering exceptional customer experiences and achieving sustained growth.
Productivity as a Strategic Priority
In summary, while cash management is crucial, for NetSuite users, it’s productivity that truly defines success. By honing in on the productivity metrics that matter, your business can navigate complex operational landscapes with confidence and clarity.
At Alta Via Consulting, we are committed to guiding our clients towards sustainable NetSuite success. By partnering with Etter+Ramli for managed services, we ensure that our clients have access to the ongoing support and expertise they need to maximize their NetSuite investment and achieve their business goals.
Let’s work together to make productivity your strongest asset.
Please contact us for more information on how to improve your NetSuite productivity: marketing@altavia.de
