What is Netsuite Tier?
Published: 2021-04-06 05:47:27

As an end-user or ERP Customer, we always heard that some ERP claims as a Tier-2 ERP or Tier-1 ERP. As a layman we confused about the vocal market, that which is good for our business Tier-2 or Tier-1.  From the beginning of our childhood, we always think 1 is better than 2. So really this funda will work in Software selections? Before concluding, we have to ask some questions for ourselves. We really need to go with the vocal market, which is very confusing for the end customer.
As a business expert, I will not go with any number, I will go with my current requirement along with future….
Now we will drill down Tier-2 and Tier-1 as per requirements.
Ask some questions from your business-like
Does your business fall under Large Segment/Middle Segment/Small Segment?
How much budget you have for ERP implementations?
How much time you have for ERP implementations?
Is your business managed multiple ERP?
Now try to understand the characteristics of Numbers like Tier-2 and Tier-1.
Tier 1-
A Tier 1 ERP is built for the world’s largest businesses that have operations around the globe. These systems are very expensive to install, maintain and upgrade. Customizing them to meet the business’ vast requirements takes a lot of effort, which leads to long implementation times. Companies typically have an IT team dedicated to managing this software.
Tier 2
A Tier 2 ERP is designed for midsize companies and small enterprises. This type of ERP is usually much less expensive and easier to launch than Tier 1 software. Some solutions in this category target specific industries, like manufacturing or retail, and come with more out-of-the-box functionality for accounting, sales, human resources, and supply chain (including order and inventory management).
Benefits of Two-Tier ERP-
Cost Saving
Meet Specific Business Needs
Greater flexibility and control
Address local requirements.
Better user experience: 
As a business user and Netsuite User, now you can tell us that- Is Netsuite a real Tier-2 ERP?
 
What is Netsuite?
https://anavadvisory.com/netsuite/
 
NetSuite is the world’s leading provider of cloud-based business management software and helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, e-commerce, inventory, and more.
With approximately 30,000 customers, NetSuite is 10 times larger than the nearest competitor, meaning 10 times the resources. Comprehensive functionality with industry-specific support for a broad range of industries means NetSuite works the way your business works. Built from the ground up for the cloud, NetSuite lowers costs and reduces hassle for IT. One data model spanning back office financials to customer records to professional services that provide complete visibility and simplified integration.
The #1 Cloud ERP, NetSuite provides a suite of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software that runs the business of more than 18,000 customers in more than 200 countries and territories. Its capabilities include:
 
ERP - NetSuite ERP runs all of your key financial business processes in the cloud: accounting, inventory, supply chain, and order management.
Customer relationship management (CRM) - NetSuite is the CRM system that gives you a true 360-degree view of your customers.
Professional services automation (PSA) - NetSuite PSA helps you to plan, track and execute projects.
One database, one system - Real-time, unified global business management platform to manage operations involving multiple countries, currencies, languages, and subsidiaries.
E-commerce -Unify every step of your web store from point of sale and order management to marketing, merchandising, inventory, financials, and support.
Retail - NetSuite offers a powerful, cloud-based retail software solution designed to satisfy your omnichannel shoppers.
Manufacturing - NetSuite's solution for manufacturing allows you to focus on delivering products and services while gaining agility for scalable growth.