Did you know most NetSuite customers use only about 60% of what they're paying for? That means thousands of dollars in untapped value sitting right there in your system.
If you've invested in NetSuite but feel like you should be getting more from it, you're definitely not alone.
As your business grows and changes, your NetSuite setup often has trouble keeping up. What worked great during your initial setup might not be the best fit for how you operate today. When your business needs and system setup don't match, you end up with slowdowns, data problems, and missed chances to improve.
A NetSuite health check is basically a thorough review that finds opportunities to improve your current setup, customizations, and everyday processes.
Let's look at four key ways these checkups can help your business.
Key Benefits of Regular NetSuite System Evaluations
Regular check-ups of your NetSuite system deliver measurable value across your entire business. Here's how they can help you maximize your investment and solve common challenges.
1. Cut costs and get more value for your money
The problem: Many businesses pay for the full NetSuite package but only use a small part of what they've bought. At the same time, they might be spending money on custom-built solutions for problems that NetSuite could already solve out of the box.
Our system review typically finds:
- Features you're already paying for that could replace time-consuming manual work.
- Custom add-ons that cost you money but aren't really needed.
- Ways to automate tasks your team is doing by hand.
- Plans to reduce what you spend on your system while getting more from it.
Real results: A trading company we worked with found they were spending over $10,000 every year maintaining custom programming that duplicated functions NetSuite already included. Our review helped them switch to built-in features, cutting their yearly maintenance costs by 35% while giving them better functionality.
2. Improve your processes and save time
The problem: As staff members change and your business needs grow, your processes often become fragmented. People create their own workarounds, and your original NetSuite setup doesn't match what you actually need anymore.
Our system checkup finds:
- Workflow bottlenecks that slow down important business processes.
- Ways to cut down on manual data entry and paperwork.
- Setting changes that can speed up approvals and reports.
- Best practices that fit your specific industry.
Real results: A technology company having trouble with tax management cut their invoice processing time from 6 hours to 4 hours after making our recommended improvements. And they did this while handling 100-500 additional invoices every month across 10 US states.
3. Reduce risks and stay compliant
The problem: System problems often hide until they cause big headaches. Security weaknesses, data errors, and compliance gaps can put your business at serious risk.
Our system review finds:
- Security settings that might allow data to be changed or viewed by the wrong people.
- Missing pieces in your setup that could cause reporting mistakes.
- Data problems that can lead to poor decision-making.
- System settings that might cause slowdowns or crashes.
Real results: When checking a healthcare organization's system, we found and fixed important issues in how they recorded revenue. This not only helped them follow accounting rules better but also cut down their audit prep time by 70% by fully automating tasks they used to do manually.
4. Plan for growth and future success
The problem: Many businesses find that as they grow, their NetSuite system holds them back instead of helping them. New needs come up, transaction numbers increase, and systems that once worked fine start to struggle.
Our current-state review and future-state plan provide:
- A check to make sure your setup can handle growth.
- Spotting potential roadblocks to expansion or new business directions.
- Recommendations ranked by importance to your business goals.
- A clear plan that addresses today's needs while preparing for tomorrow.
Real results: A fast-growing real estate company was experiencing major delays in paying commissions. Through our review, we built a custom commission calculation tool that automatically handled their variable commission rates based on their specific rules. This allowed them to grow without having to hire more administrative staff.
When Should You Get a NetSuite Health Check?
Regular system checkups give you the most value, but certain situations should prompt you to get one right away:
- Your system is getting slower with reports and processing taking longer than before.
- Your business has gone through big changes (growth, new products, reorganization).
- You're planning something major (buying another company, entering new markets).
- It's been more than a year since your last system check.
- You're getting ready for a new fiscal year and want to improve things first.
How We Approach NetSuite Health Checks
Our review method is different from typical system checks. As the only team with deep knowledge across NetSuite, Microsoft, SAP, and Oracle, we can fix problems that other providers can't even identify.
Here's what we do:
- Look at your current setup: We review how your system is configured, what customizations you have, and how your processes work.
- Compare to best practices: We see how your setup measures up against industry standards.
- Recommend improvements: We give you a prioritized list of changes with the results you can expect.
- Plan for the future: We create a plan that aligns with your business goals.
With our team's 91% staff retention rate, you'll work with the same experts throughout your NetSuite journey. This means you won't lose time and money training new consultants on your business.
Ready to Get More From Your NetSuite Investment?
Book a free 30-minute chat with one of our NetSuite specialists. We'll talk about your specific challenges and share some initial ideas about how you could improve your system, with no obligation at all.
You'll get a personalized look at your current situation and understand exactly how a NetSuite health check could help your business.
Schedule your free consultation with Stockton10 today.
