POS has become one of the most potent solutions for modern retailers to optimize their sales process in physical stores and develop an omnichannel business model. Similarly, NetSuite – another unified business management suite – can fulfill retailers’ needs with its ability to monitor all business sources and make organizations run smoothly. Yet, have you ever wondered if we can integrate POS with NetSuite?
NetSuite has worked with many POS providers and discussed an effective way to integrate these two magnificent systems. The combination of POS and NetSuite can even provide you more than you can expect.
Why business should integrate POS with NetSuite?
Once you integrate POS with NetSuite, all data across your retail stores and warehouses will be automatically recorded and synchronized between the two systems. This data allows retailers to generate real-time analytics and reports on business performance, spot possible problems and timely have suitable solutions.
The combination of a handy POS with a powerful NetSuite also enables you to increase sales with more product offerings. NetSuite POS integration supports retailers to create personalized loyalty programs and better satisfy their customers. Besides, the ability to closely monitor inventory levels allows you to effectively organize your supply chain and effectively forecast market demand.
Netsuite Cloud ERP vs On-premise ERP
First and foremost, it is necessary to know that NetSuite offers two types of ERP systems which are NetSuite cloud ERP and On-Premise ERP.
So far, NetSuite on-premises have not been able to integrate with POS systems – most of which are running on the cloud. Also, on-premise ERP poses certain challenges for modern retailers. To illustrate, on-premise ERP requires users to spend a considerable upfront investment and management cost of entry. Besides, retailers will need to invest in an experienced in-house IT team to manage and maintain the system. In addition, any system updates and upgrades must be installed across multiple computers and re-implement all integrations. As a result, when using this type of system, businesses may not timely catch up with changes in the market.
A more popular ERP option is NetSuite cloud ERP. Similar to many other cloud-based solutions, NetSuite cloud ERP is more flexible and accessible. The system is constantly updated and maintained. Moreover, all real time data can be safely recorded and assessed anytime anywhere. In practice, cloud ERP can easily integrate with other POS systems and quickly benefits your business.
How to integrate with NetSuite
If you are having a NetSuite cloud ERP, you can easily integrate POS with ERP in just a few clicks. For example, you want to integrate ConnectPOS with your ERP system. Firstly, go to ConnectPOS website then fill your information in the registration form. The ConnectPOS sales team will immediately send you an account for your POS system. Then all you have to do is synchronize your data between NetSuite and ConnectPOS. After data synchronization, the two systems can work well together and all data is now stored in the same database.
As you can see, it is not a difficult task to integrate POS with NetSuite, and you can get huge benefits from this integration. This is also why many businesses have planned to combine these two powerful systems. If you want to know more about this robust combination, feel free to contact us anytime you need.