Choosing the Right Partner: How to Select a NetSuite Consultant for Your Business

Business professionals discussing how to select a NetSuite consultant.

Navigating the complex landscape of NetSuite’s ecosystem demands partnering with a knowledgeable NetSuite consultant. This decision is critical for businesses that aspire to leverage NetSuite’s accounting services and solutions into their existing infrastructure. Our guide is designed to illuminate the path to selecting the ideal NetSuite consulting partner, ensuring your venture harnesses the transformative power of NetSuite.

What Is a NetSuite Consultant?

NetSuite consultants are the architects of successful NetSuite ERP implementation. A NetSuite consulting partner is an expert in the complex world of NetSuite. They are not just technical consultants; they are strategic partners molding NetSuite’s vast capabilities into a customized strategy for your business. The ideal NetSuite partner has deep technical knowledge and an excellent understanding of industry-specific challenges to ensure your NetSuite implementation is a complete success.

The Crucial Need for a NetSuite Consultant

When considering a NetSuite consulting partner, it is important to understand that this cannot be an option. However, they are compelled to be partners in ensuring your NetSuite is leveraged for growth and efficiency. The comprehensive suite of ERP and accounting solutions that NetSuite offers needs to be navigated with the guidance of a seasoned NetSuite consulting service provider.

  • Bespoke Solutions: Customizing NetSuite to align perfectly with your business processes.
  • Strategic Insight: Mapping out a strategy that leverages NetSuite to meet your business objectives.
  • Ongoing Support: Providing continuous assistance to ensure your NetSuite environment remains optimal.

Key Responsibilities of a NetSuite Consulting Partner

A NetSuite consultant wears many hats, each critical to the success of your NetSuite journey:

  • Tailored Implementation: Guiding the end-to-end setup and customization of NetSuite to suit your business’s specific needs.
  • Empowerment Through Training: Equipping your team with the knowledge to utilize NetSuite’s full potential.
  • System Optimization: Continuously tweaking the system for improved efficiency and productivity.

Qualifications and Skills of a NetSuite Implementation Consultant

The ideal NetSuite implementation consultant possesses a solid educational background in business or IT, supplemented by specific NetSuite certifications. Their expertise is defined by:

  • Certified Knowledge: Holding NetSuite certifications that affirm their expertise.
  • Technical and Business Acumen: A deep understanding of ERP systems and business workflows.
  • Analytical Prowess: The ability to dissect complex problems and devise effective solutions.

Selecting the Right NetSuite Consulting Companies

When the time to pick a NetSuite consulting company comes, you need to find one whose expertise aligns with your needs. Follow the below guidelines:

  • Proven Track Record: Search for an experienced partner, whose success closely mirrors yours.
  • Certification Matters: Give preference to partners holding NetSuite certifications.
  • Client Feedback: Check out their reputation through reviews and testimonials from their clients.
  • Cultural Alignment: This includes having a look at the approach and values your business holds.

Ensuring the Right Fit with a NetSuite Implementation Partner

Securing the right NetSuite implementation partner from the outset is crucial. Consider the following:

  • Clarify Your Requirements: Have a clear understanding of what you need from NetSuite.
  • Comprehensive Evaluation: Thoroughly assess potential partners against your specific criteria.
  • In-depth Consultations: Engage in meaningful conversations and request demos to gauge their capabilities.

The Value of a Reliable NetSuite Implementation Partner

Your relationship with a NetSuite implementation partner is a long-term commitment. Choose a partner who is dedicated to your continuous success, characterized by:

  • Unwavering Support: A partner who supports your business through every phase and challenge.
  • Knowledge Sharing: A commitment to continually upskill your team to maximize the benefits of NetSuite.
  • Innovative Approach: A forward-thinking partner who brings new solutions to the table as your business evolves.

FAQs: Insights into NetSuite Consulting

What Does a NetSuite Consultant Do?

A NetSuite consultant optimizes and customizes the NetSuite platform for businesses, ensuring it aligns with their unique processes and goals. They handle everything from system setup and integration to training and ongoing support, maximizing the efficiency and effectiveness of NetSuite solutions within the organization.

Why Do Companies Choose NetSuite Consulting Services?

Companies opt for NetSuite consulting services to benefit from expert guidance that ensures their NetSuite system is perfectly tailored to their business needs. These services help businesses maximize their ROI on NetSuite by ensuring the system is optimized, fully integrated, and customized to support their specific operational requirements.

Why Work with a NetSuite Partner?

Working with a NetSuite partner ensures access to a team with deep expertise, certified knowledge, and a proven track record in implementing NetSuite solutions. Partners provide invaluable industry insights, ongoing support, and ensure that NetSuite’s capabilities are fully leveraged to support business growth and efficiency.

What Are the Roles and Responsibilities of a NetSuite Functional Consultant?

A NetSuite functional consultant focuses on customizing the NetSuite system to fit a company’s specific business processes. Their key responsibilities include analyzing business needs, configuring and customizing NetSuite to meet those needs, providing user training, and offering continuous support to ensure the system operates smoothly and efficiently.

 

Conclusion

Selecting the right NetSuite accounting consultant can make a huge difference to your business’s operational efficiency, scalability, and innovation. By meticulously evaluating potential NetSuite consultants near you or globally, you can establish a partnership that not only fulfills your current NetSuite consulting needs but also paves the way for future growth and success. Enroll on the NetSuite journey with the right consulting partner and see your business transform in front of your very eyes. 

We encourage your thoughts and questions in the comments section below, or you can book a free consultation to discuss how we can be the NetSuite consulting partner that steers your business forward.

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Narek Abgaryan
Narek is the CEO and co-founder of Hundred MS. With a dynamic career that spans investment firms, asset management, risk management, and corporate finance, Narek has demonstrated a profound ability to navigate and innovate within the financial sector. His work across various countries and in diverse financial domains reflects a global perspective and an adaptable, forward-thinking approach. He Brings a wealth of knowledge and experience from the worlds of finance and technology. As a distinguished graduate of the University of Oxford and Hult International Business School, Narek has earned a reputation for excellence in the financial domain. His credentials, including the esteemed CFA and FRM certifications, are a testament to his deep understanding and expertise.
CFA, FRM
Narek Abgaryan
CFA, FRM, Fund Manager & CEO
Narek is the CEO of Hundred CJSC. Before embarking upon this position, he accumulated 7+ years of multinational experience including the positions of CEO, Head of Research and Member of the Board at various licensed and regulated investment companies. Narek is a graduate of Hult International Business School, Armenian State University of Economics and is currently pursuing his education at Saïd Business School of the University of Oxford. Narek is a CFA charter holder and a certified FRM.
Our Mission
Our mission is to extend our partner-based, specialized and cost-effective cooperation to our clients to enable them to focus on their long-term strategy and leverage their core competencies around value-creating activities, thereby boosting Armenia’s economic development.
Our Vision
We have a deep conviction that the financial system is the pillar of our civilizations. Economies that are exploding with growth are the ones that adopted modern finance. We aim to reach a reality where access to unconventional finance technics should be within reach of every economic unit. This shall empower everyone to allocate their human and financial capital more purposefully and innovatively for the benefit of a secure, wealthy, and responsible society.
Objectives
In "Hundred" CJSC, we are structuring our goals to revolve around the best interests of our investors and business partners. The basis we build our strategy on is satisfaction of expectations of our Clients, by bringing substantial profits to them through ethical management of investments, assets and portfolios. In the path of achieving the set tasks, we target new financial products adapted to the Client’s needs and offer variety combinations of interdisciplinary innovations. Following our set of values, we see our short-term goal in becoming one of the leading players in the domestic market, pursuing the long-term ambitious goal of integration into regional and global financial markets.
Corporate Values
We believe that earning the trust of each Client cements the next layer of the foundation of the Company’s reputation. Financial relations are built on trust; thus, our reputation is the heart of our business. Our allocentric approach to dealing with clients ensures that we always put their interests first. We do our utmost to make sure that our decisions are utterly disconnected from the greed when it comes to rendering our services. Promulgating ethics and adhering to the highest professional standards are the bedrocks of our corporate values.
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Are You Ready to Transform Your Businesses’ Financial Landscape?
Are You Ready to Transform Your Businesses’ Financial Landscape?
  • Are your financial records more puzzling than they should be?
  • Has the audit process become a recurring nightmare for your firm?
  • Do important financial decisions stall due to unclear or absent financial reports?
  • Are high operational costs without clear returns keeping you awake at night?
  • Is hiring and maintaining a full-fledged financial team putting a strain on your resources?
  • Are you in the dark about your company's true valuation and need clarity?
  • Is the challenge of cleaning up your accounting books holding your business back?
  • Are outdated systems causing inefficiencies, prompting the need for an ERP implementation?
  • Have you identified the need for a robust risk management strategy but don't know where to start?
  • Are you looking for a one-stop firm that can handle everything from corporate strategy to asset management?
Levon Garibyan
Levon, the co-founder and Business Development Director of Hundred MS, brings over a decade of international experience to his role. His career spans managing private firms with diverse business profiles across the UK, UAE, and Russian Federation. Levon has not only excelled in steering these companies towards growth but has also specialized in business development strategy and fundraising. His expertise in these areas has significantly contributed to the expansion and success of these firms. Levon's academic background is equally impressive, having studied at Cranfield University School of Management and Moscow State University of International Affairs (MGIMO), where he honed his skills in business management and international affairs.
Levon Garibyan
Levon is the Business Development Director and Strategy Specialist of the company. He acquired international experience of more than 10 years, managing private firms with various business profiles in UK, UAE and Russian Federation. Levon studied in Cranfield University School of Management and Moscow State University of International Affairs (MGIMO).
Business Development, Strategy & Fundraising
David Tarkhanyan
David is the co-founder of Hundred MS and the CEO of Hundred MS GmbH. His track record in delivering innovative financial solutions and driving performance improvement initiatives showcases his ability to lead complex projects and navigate the intricate world of finance. David's breadth of experience has equipped him with the unique ability to understand and address the multifaceted challenges businesses face today. His exceptional qualifications, marked by the CFA and FRM certifications, reflect his deep commitment to financial mastery and strategic insight. David's career is characterized by a wide-ranging experience in investment banking, performance management, controlling, and reporting, among other critical financial domains.
David Tarkhanyan
David Tarkhanyan
David Tarkhanyan
Financial Controlling Investment Banking
David is the co-founder of Hundred MS. He is a Banking specialist with a focus on Financial Controlling, Planning, and Performance Management. His experience extends more than 10 years in various investment banks in Vienna and Frankfurt. David studied Physics at Bauman University and Industrial Engineering at the American University of Armenia.