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Frequently Asked Questions on NuVista and NetSuite

About NuVista Technologies, NetSuite solution partner

  1. Why should I select a NetSuite solution partner over NetSuite for implementation?
    • Able to provide unbiased answers to questions. 
    • NetSuite partners sometimes develop their own applications built on NetSuite as well. If you think their product is a good add-on, it will be better to implement NetSuite through them for a better overall package. For NuVista, we have our own products for HRMS and field services mobile application. We also have good experience with integrations. 
    • Greater ability to customise NetSuite’s product to fit your unique requirements.
    • You will get a single point of contact for all your NetSuite needs – from sales, to implementation to support. You will be assured of utmost attention from our team.
    • Solution partners often have more niche industry experience. Solution partners often have more niche industry experience. At NuVista, we have developed our domain expertise in omnichannel retail, wholesale distribution, manufacturing, supply chain, professional services, oil & gas, schools etc. 
  1. How does your team support us after implementation?

After go-live you will receive 1 month of support to help you transition smoothly. After which, we still continue to support you as and when you have queries. 

  1. Can you integrate NetSuite system with marketplaces such as Lazada, Shopee, Qoo10 etc.?

Yes. We have expertise in integration of various marketplaces with Oracle NetSuite not only in a single country but globally. This means if customer has offices in China, then we can integrate country specific marketplaces with Oracle NetSuite as well.

  1. What is the timeline required for implementing NetSuite ERP?

This various for each implementation based on modules, and business processes. Standard implementation for Wholesale & Distribution company for Sales, Purchase, Inventory and Finance modules can be implemented with 8-12 weeks. But it generally takes 3-5 months’ time to implement complete end-to-end software solution that includes project, advanced financial, manufacturing, Q.C. modules.

  1. How is your costing compared to NetSuite?

NetSuite partners have access to the same pricing and discounts that NetSuite’s direct sales team has.

About Oracle NetSuite

  1. How is NetSuite ERP different from other ERPs?
    • NetSuite ERP is the first cloud company. It was born in the cloud, it is a true cloud. There is no version-lock. 
    • NetSuite ERP helps you manage your end-to-end business operations with 360-degree view of all business operations to the management.
    • NetSuite has a stairway approach whereby one can add on modules in a phased approach based on whenever there is a need.
    • NetSuite’s SuiteSuccess methodology is based on 20 years of implementation best practices. It includes leading practices based on your industry, helping to accelerate your ROI which reducing overall business risk.
  1. We have limited IT resources – will we need to hire a full time IT person?

No, that is not required. During implementation, we will work with you to understand your requirements and implement accordingly. After implementation, our support team will be able to help you out for any technical issues.

  1. How do NetSuite upgrades work?

100% of NetSuite customers are on the same release. There are 2 major upgrades per year, and ongoing minor upgrades throughout the year.

  1. How secure is NetSuite ERP?

Even the largest banks are on NetSuite – that is how secure it is! Your data is fully secure. It’s encrypted in transit and at rest. There are many levels of authentication such as Password, 2FA, security questions etc. for users to login into the system. Uptime SLA is 99.7%.

  1. What is the minimum user requirement for NetSuite’s platform?

Base module plus 1 user license.

  1. What is the pricing of NetSuite ERP? 

NetSuite is a SaaS solution and pricing model is pay-as-you-go. You no need to maintain IT infra to host and manage software. It’s a managed services you subscribe. NetSuite upgrades twice a year. So, you always use latest software modules and embedded technologies. It’s highly secure and available 24×7 to access from anywhere over internet.

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Project management solutions for EPC companies

Project management

Project management is increasingly important to any EPC business. A project manager’s role is to facilitate and ensure that the team completes project deliverables on time with sufficient resources

Regardless of the experience & competency of a project manager, there would still be inevitable challenges faced in project management and planning.

Challenges faced in project management process

Inadequate risk management in projects
A project manager’s role in an EPC company is to implement safeguards in order to avoid long-term risks in projects. However, short-term issues such as unreliable subcontractors, project scheduling conflicts or the changing of project stakeholders are often missed out from the planning, impacting the bottom line.

Undefined project goals
Without any clear project-defined goals, it will be difficult to get things done in an efficient manner. A construction project could easily fall behind or run over budget if project managers are not able to set clear project goals. Without these goals set, projects may overrun beyond deadlines.

No accountability from project managers
A project manager’s responsibility is to list down the project goals and assign them to the right employees. They need to ensure that all goals are assigned to the right person or team and that all parties are held accountable for their tasks. If they fail to do so, it will be difficult to hold anyone accountable when a problem arises. 

Unrealistic project expectations
Some clients and stakeholders may have certain unrealistic project expectations. This may include projects completed on an accelerated schedule or on a limited budget. Unrealistic expectations create challenges in construction project management and more importantly hurt morale and productivity in an individual or team.


Benefits of digitalizing the project management process

Replacing paper & spreadsheets with mobile apps
By replacing paper and spreadsheets through mobile app integration, EPC companies can capture data online or offline from any device easily and efficiently. Teams on job sites can use standard form designs to key in data, geotag locations, scan barcodes, and even attach photos and document weather conditions on-site. 


Increasing productivity through a single automated platform

Through digitalization, every data, as well as information, is accessible through a single, central automated platform to generate efficiencies and increase productivity in teams and across all departments. 


Reducing duplicated data entry
Duplicate data entry is common in the industry and wrong or re-entered information could often bring negative impacts in project management, such as waste of time and resources and chances for repeated errors. Digitization can help to reduce data duplication and also ensure that the entered data is always accurate.

Minimizing human errors with digital timesheets
Paperwork can sometimes lead to the entry of incorrect data or even an omission of important data, which can cause missed project deadlines by owners, designers, and contractors, suspension of ongoing works as well as the delay of new projects. Digitalization therefore ensures the accuracy of the collected data and improves efficiencies on all levels of the project management process.

How can NuVista Technologies help

NuVista Technologies is one of the key solutions partner of Oracle NetSuite, which is a pre-approved PSG vendor for software solutions and trusted by more than 40,000 organizations globally. It is the only unique solution that fits the needs of every business, industry, and role.

Our Cloud ERP system is able to provide:
– A quick & easy built-in flexibility 


– A customizable, customer-specific commerce Ready ERP

– Real-time business Intelligence for all and

– A system designed solely for the modern company

We also provide analytical solutions that help you get real-time, actionable data from the underlying ERP systems and detailed information of critical projects all at a click of a button.

Business intelligence that helps:
– Facilitates in driving data decisions

– Project performance 

– Eliminates manual processes

– Real-time updates

– Improves team collaborations 

– Optimizes resources and tracks expenditure

We are a leading provider of Cloud ERP/CRM/HRMS solutions, with in depth experience across all industries and verticals. 

We are based in Singapore and is an ISO Certified leading cloud solutions provider with more than 18 years of experience offering Enterprise Solutions, Custom Application Development, Staffing and Outsourcing Services, a trusted strategic partner for leading organizations from start-ups, SMEs, MNCs (including fortune 500 companies) to government agencies and a cost-effective unified digital solutions provider that can rapidly implement fast-track digital transformations successfully to increase operational efficiency and business performance for our clients.

To know more about how NuVista Technologies can help your construction or engineering business adapt, advance, and become future-proof in digital transformation, contact us at +65 62742290 or email us at info@nuvistastech.com. Visit our website at https://www.nuvistastech.com/.

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Digitalization Strategies for Retail Businesses with NuVista Technologies

New challenges are always part and parcel when it comes to running a retail business. These changes could sometimes be either technological evolution or external factors, like an ongoing pandemic. In this new landscape, the reality has now shifted to survival, as many retail businesses are forced to think of new ideas for business continuity and to adapt to these new changes. 

As digital technology continues to revolutionize the world of brick-and-mortar and online retail, it’s crucial to adopt digitalization strategies to overcome disruptions. 

Below are the strategies in digitalizing the retail industry to improve customer experience, retention, sales, and internal operations.

Digitalizing of payment processes to increase sales with seamless payment

Digital payment methods like Apple Pay, PayPal & WeChat Pay are slowly being adopted to both online and offline stores. According to statistics, the amount of consumers using digital payment has now increased to 6% since 2018. Payment processes as a result becomes seamless and less stressful for your retail business.

Personalizing customer loyalty programs to increase retention

Getting to know your customers from previous purchases and interests can also help to drive loyalty. Customer needs are always changing and more often than not, they want to feel important to their brands.

Create loyalty programs as an incentive to reward customers and deliver content as well as integrate data across all interaction points, eventually creating an integrated omnichannel customer experience. 

Delivering enhanced customer values through co-opetition within the ecosystem 

A combination between competition and collaboration. Suppliers and retailers are now no longer competing for limited resources, but working together to gain profit from delivering enhanced customer values. 

Improving business services through co-creation in customer reviews 

Online shoppers are now highly interconnected with their social peers and are willing to share their experiences and let others profit from their interactions with the list of products/services.

Optimizing shopping experience through AI

Self learning systems through AI (Artificial Intelligence) have now enabled feedback from past experiences to optimize shopping experience for consumers, enhancing both satisfaction and loyalty.

Accelerating business decision-making
Retailers can consolidate internal & customers’ data for analysis to make informed business decisions in internal or customer-facing processes quicker through digitalization.


How can NuVista Technologies’ help

NuVista Technologies provides cost-effective unified digital solutions that can be rapidly implemented to fast-track digital transformation successfully.

We are a leading provider of Cloud ERP/CRM/HRMS solutions, with an in depth experience across all industries and verticals.

We are based in Singapore and is an ISO Certified leading cloud solutions provider with more than 18 years of experience offering Enterprise Solutions, Custom Application Development, Staffing and Outsourcing Services, a trusted strategic partner for leading organizations from start-ups, SMEs, MNCs (including fortune 500 companies) to government agencies and a cost-effective unified digital solutions provider that can rapidly implement fast-track digital transformations successfully to increase operational efficiency and business performance for our clients.

To know more about how NuVista Technologies can help your retail business to adapt, advance and become future-proof in digital transformation, contact us at +65 62742290 or email us at info@nuvistastech.com . Visit our website at https://www.nuvistastech.com/ .

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The A-Z on Oracle NetSuite Pricing & Licensing

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You are looking for an ERP and wondering how much Oracle NetSuite is. What is the pricing structure? Is it for big companies only? What are some funding options? If you have such questions, you have come to the right place.

Companies like Canva and Go Pro have used NetSuite ever since they were a small company to becoming a big company as today. NetSuite is probably one of the most flexible ERPs out there that grows with you. As company grows, you simply adjust your NetSuite subscription size to meet your needs. You don’t have to worry about a system migration once you have outgrown your current edition. You just change your pricing model.

Read this article to understand the pricing models. Yes, each customer has different requirements, but we do our best to share what is involved in the costing according to your requirements – from NetSuite licenses, support to implementation.

  1. What are the different parts to NetSuite pricing?
  2. Delving deeper into NetSuite Licensing
  3. NetSuite Pricing for Implementation
  4. NetSuite Support
  5. Other questions you might have
  6. NetSuite Pricing FAQ

What are the different parts to NetSuite pricing?

    1. NetSuite Licenses
      • Core NetSuite Edition / Suite / Core ERP License
      • Add on Modules
      • Service Tier Upgrade
      • NetSuite Sandbox
      • NetSuite User Licenses
    2. NetSuite Implementation / Professional Services
      • Base Implementation
      • Customisations
    3. NetSuite Support 

Delving deeper into NetSuite Licensing

NetSuite modules may be licensed in a la carte fashion, or they may be bundled together in the form of an industry suite. The cost of NetSuite modules and industry suites varies depending upon functionality and the edition type. Here is an overview of the 3 different editions offered by NetSuite.

1. Core NetSuite Edition / Suite / Core ERP License – Limited, Mid-Market, Enterprise

1. NetSuite Limited / Starter Edition
Ideal for small businesses that only have a single entity, and fewer than 50 employees. Not more than 10 user licenses are required. NetSuite Limited Edition starts around $1000 per month.

        • Single legal entity
        • Operate in one country
        • Up to 50 employees
        • Max 10 named users
        • Defined scope of business operations

2. NetSuite Limited / Starter Edition

Most of our customers fall under the Mid-Market Edition. They have more than 10 named users and/or have 2 or more legal entities that need the ability to perform consolidated financial reports across multiple currencies. Comprehensive package that comes with additional modules that come with specific functionalities for your industry, handles multiple companies and consolidates financial reports. NetSuite Mid-Market Edition starts around $2,500 per month.

        • More than 10 named users
        • 51-999 employees
        • Have two or more legal entities
        • Operate in one or more countries
        • Need to perform consolidated financial reports across multiple currencies

3. NetSuite Enterprise Solution

Ideal for companies with over 1000 named users. Get additional capacity, tons of modules with NetSuite OneWorld, for handling acquisitions and managing multiple subsidiaries in different currencies.

        • Greater than 1000 users
        • Multiple currencies and subsidiaries
        • Have a large scope of operations

Base Modules that come with each Edition

CRM

        • Marketing AutomationSales Force
        • Automation (SFA)
        • Case Management
        • Partner Relationship Management

ERP

        • General Ledger
        • Accounts Receivable
        • Accounts Payable
        • Payment Methods – Credit Cards, ACH, EFT
        • Bank Management & Reconciliations
        • Multi-currency & Multi-language
        • Item & Basic Inventory Management
        • Basic Project Management
        • Order Management
        • Purchasing
        • Time & Expense Management

NetSuite SuiteSuccess Modules

A fairly new offering in the world of NetSuite is SuiteSuccess. SuiteSuccess is both a NetSuite implementation methodology as well as a productized offering. NetSuite SuiteSuccess accounts come pre-loaded with reports, KPIs and dashboards tailored for a specific industry. The goal of a SuiteSuccess implementation is to take a company live with NetSuite within 100 days.

Your NetSuite Solution Provider can help you determine whether or not you are a good fit for the SuiteSuccess license and implementation methodology. Generally speaking, clients that have integration needs, require 3rd party offerings or require customizations are not ideally suited for SuiteSuccess, given the limited runway for scope. SuiteSuccess is great for companies with a short go-live window and a limited scope.

2. Add on Modules

There are a range of add on modules you can choose to deploy as per your needs above the standard NetSuite ERP and CRM.These come from function specific to industry specific modules. Some of the industry specific modules available are for wholesale distribution, retail, e-commerce, professional services, manufacturing, and software companies. Also, if you are a global company with various entities, you can add-on NetSuite OneWorld. Most of these modules can be licensed at any time during the length of a NetSuite subscription term.

        • NetSuite Financials Modules
        • Inventory & Manufacturing Management Modules (WMS & MRP)
        • NetSuite Services Resource Planning Modules (SRP)
        • Ecommerce & Retail Management Modules (POS)
        • NetSuite Human Capital Management Modules (HCM)
        • NetSuite OneWorld for global, multi-company organisation to manage subsidiaries with robust multinational, multi-currency support

3. Service Tier Upgrade

NetSuite uses the SuiteCloud Infrastructure to provide best-in-class availability, leading security controls and data redundancy. However, some companies require more control and scalability. To cater to the needs of all kinds of companies, NetSuite offers different levels of service tiers based on user count, file storage, monthly transactions, and integration needs to allocate appropriate system resources and performance capabilities. NetSuite service tiers are Standard, Premium, Enterprise and Ultimate.

The Standard Service Tier is included in all base editions of NetSuite at no additional charge. It includes:

        • Up to 100 GB file cabinet storage
        • Maximum of 100 users
        • Up to 1 SuiteCloud+ license
        • 200k maximum monthly transaction lines

Most NetSuite customers are on the Standard Service tier and only the largest NetSuite deployments require a Premium or above service tier. These tiers come at an additional cost but offer dedicated database storage and more flexibility on update releases if you need it.

In conjunction with data center premium tiers, NetSuite also offers SuiteCloud Plus licensing for high-traffic customers or customers with high transaction volumes. SuiteCloud Plus increases the number of queues available for scheduled scripts, queues and threads available for CSV import jobs and concurrent threads for web services.

Common benefits customers experience when upgrading service tiers:

        • Reduced delays between system integrations
        • More capacity at scheduled downtimes
        • Minimal delays associated with high volume bottlenecks
        • Greater transaction throughput
        • More horsepower for concurrent processing
        • Includes a NetSuite Sandbox

4. NetSuite Sandbox

This is 10% of the total of your NetSuite modules and users.

5. NetSuite User Licenses

      1. General Access User – $99 / month
        • Issued to role that needs transactional access to ERP eg CEO, Finance Dept, Sales, Production Team. They need comprehensive data, work on reports.
      2. NetSuite Employee Self Service – $99 / month for bundle of 5
        • Comes in bundles of 5. Enter expense report, time entry on projects, purchase requisition.
      3. NetSuite Planning & Budgeting user – $120 / month

NetSuite Pricing for Implementation

For standard implementations that don't require extensive customizations, data migration, or integrations, the general rule of thumb is that NetSuite implementation costs around 2-3x the annual NetSuite license fee.

Depending on who you ask, the total price of NetSuite implementation can range from $10,000-$100,000+.

Why such a large price range? Because NetSuite implementation looks different for everyone.

The main cost-drivers of NetSuite implementation are:

  1. The scope of the discovery and research phase
  2. Customizations needed
  3. Development work
  4. Integrations needed
  5. Training to get staff up and running in NetSuite

Majority of NetSuite Partners will quote you between $100 – $250 per hour for NetSuite implementation. The rate largely depends upon where the NetSuite partner is based geographically and how experienced the consultants are. Hourly rates lower than this generally mean the resources will be onsite. or experience level.

  1. NetSuite Initiate phase – 10 hours
  2. NetSuite Analyze phase – 80 hours
  3. NetSuite Design phase – 70 hours
  4. NetSuite Configure phase – 80 hours
  5. NetSuite validate phase – 70 hours
  6. NetSuite Deploy phase – 100 hours
  7. NetSuite optimize phase – 80 hours

It is harder to negotiate on implementation cost as steep a discount as for the recurring service, since the implementation has actual labor hours cost that has to be covered.

All in all, while it can certainly be worth it, Netsuite does come with a decent price tag. And to make sure you’re getting the most value you may want to consider starting your implementation with just a few modules and making sure that you’re taking full advantage of them.

NetSuite Integration

If your business utilizes other software in addition to NetSuite, you'll need to purchase a NetSuite integration to keep data flowing through both platforms.

Just like with every other step in the NetSuite pricing process, the cost of NetSuite integration varies.

Individual integrations can cost anywhere from $2,500-$5,000+ annually. There's also usually a one-time implementation fee ranging from $1,500-$10,000+ depending on the amount of development work needed.

Luckily, NetSuite can easily integrate with many other programs. If an integration doesn't already exist, you can hire developers to set one up.

For example, you might need to integrate NetSuite with data from:

  • Salesforce
  • Shopify
  • Lazada
  • POS
  • And more!

NetSuite Support

SuiteSupport offerings range from Basic to Premium to provide you with the answers you need, when you need them. Customers who require a greater level of support can take advantage of Advanced Customer Support (ACS)—an umbrella offering that provides coverage across all products and all services, from technical to functional. SuiteSupport provides more reactive support while Advanced Customer Support provides more proactive support.

You can avoid needing support for a lot of issues if you have a competent Netsuite administrator, and so many entities can get by with one of the lower tiers of support.

Basic NetSuite Support come for free with the NetSuite license.

NetSuite Support

  • 24×7 access for Severity 1
  • Eligible to Join the NetSuite User Community community.oracle.com/netsuite/english
  • Access to Suite
  • AnswersTechnical Support Portal
  • Online Case Submission
  • Telephone Case Submission

Other questions you might have

1. How long is a NetSuite subscription?

The length of a NetSuite subscription depends on the terms you choose.

You could choose anywhere from a one-year license to a five-year license, depending on your budget at the time.

If you're looking to save the most money, it's best to choose a longer term. This usually gives you room for negotiation with the NetSuite solutions provider you choose. A longer subscription term tends to make sense for companies that desire future price predictability. By working with an experienced NetSuite Solution Provider, we will show you ways to keep your subscription cost predictable, well beyond your initial term.

2. NetSuite Billing Options & Contract Term Duration

Generally speaking, Oracle NetSuite subscriptions are billed annually with due upon receipt terms. There may be situations where funding the full subscription in advance makes sense when taking advantage of unique pricing concessions or in the event of a software lease. Like most things, the subscription terms and billing arrangements are open to negotiation. For customers looking to preserve cash, Oracle Financing and other leasing companies can package NetSuite licenses and professional services into a predictable monthly payment. This has proven to be a great option for fast growth, bootstrapped clients needing to graduate from a QuickBooks type solution without a significant cash investment on the front end. Lastly, one more point on NetSuite software billing, NetSuite licenses are always on Oracle paper (NetSuite Partners do not resell the software). If you decide to license through a NetSuite Solution Provider, your licensing arrangement is still directly with Oracle the software vendor.

3. What you are saving on with NetSuite – the value of NetSuite

Beyond the immediate cost of NetSuite, it is also important to measure the value of NetSuite by seeing what you will be saving on with a top quality cloud ERP.

A NetSuite license includes the below as well:

  1. Continuous “patches & fixes”
  2. Continuous performance and intrusion monitoring
  3. Continuous database administration
  4. Automatic updates to the (always) current release
  5. NetSuite Support for Severity 1
    Business intelligence
  6. Platform tools
  7. World-class data centre
  8. Pre-built functionality (SuiteSuccess SKUs)

4. How to negotiate for a better licensing cost?

1. Purchase a longer NetSuite licenses

The longer you license NetSuite for in your contract, the more money you'll save. If you only sign on for a 12-month contract, your service provider might raise your rates when you want to re-sign a year later.

2. Negotiate maximum annual price increases

In most cases, it's possible to negotiate a discount for NetSuite licensing. However, your NetSuite service provider might not always honor that same discount when it comes time to re-sign.

For example, let's say you sign a one-year contract with a 40% discount rate off of NetSuite's list pricing. Once that year is up and it's time to renew your contract, they may only offer you a 30% discount. This might not seem like a lot, but if your business isn't growing quick enough to handle added expenses, these steep price increases can start to add up.

To safeguard your business against large NetSuite pricing increases, we recommend negotiating a maximum annual price increase rate, such as 5%. This means your NetSuite provider can't raise your price by more than 5% annually.

3. You can ask for quarterly billing instead of yearly.

4. Show your growth in the upcoming months.

5. Purchase at the right time – yes, you are able to negotiate for better discounts at certain periods of the year.

6. Lastly, choose an experienced NetSuite solution provider.

The more experienced solution providers understand better on how to negotiate the best pricing for you. Also, an experienced Solution Provider understand your business and budget and understand how to find the best solution to fit your requirements in the lowest possible cost.

5. Are there any funding options for NetSuite?

Oracle offers a programme calling Oracle financing. This allows you to set up fixed monthly payments instead of paying for NetSuite upfront. Drop us a message if you would like to know more.

In Singapore, you can also apply for the EDG Grant where you can get up to 80% funding. Interested? Reach out to us and we can help you with the EDG application process.

Wondering if Oracle financing or the grant is a better option for you? Speak to us to understand more on the benefits and disadvantages,

If your business is a non-profit, you can also look to implement NetSuite through the NetSuite Social Impact program at a reduced cost or no cost. Nonprofits of all sizes are eligible for a base donation of NetSuite’s nonprofit solution with a no-cost activation. This would include all the financial operations of a small organization and has no recurring cost. Beyond that, nonprofits that qualify through Social Impact can access tools like grant accounting, nonprofit budgeting, FASB reporting and more at a reduced cost.

Let’s work together to meet your needs, timeline, and budget

Reading this article can give you better a idea of the pricing structure of purchasing NetSuite. However, it is best you get in touch with a certified NetSuite Solution Provider that can suggest the NetSuite modules most suited to you. There are many pricing calculators out there – while these might give you a ball-park figure, it is important to note that the figures can be far off an accurate quote based on your unique business needs. NetSuite costing is not black and white. Established partners have a great deal of experience working with NetSuite and also have developed NetSuite customisations catered to specific industries and needs. It is important to reach out to a partner that has experience in your industry. They will be able to work out the best costing for you, and help you at every step of your implementation process.

NetSuite Pricing FAQ

1. What is the average cost of NetSuite?

The true cost of NetSuite depends on many different factors. This includes the cost of the license you're using, the number of licensed users, any add-on modules, and customizations needed.

2. What is NetSuite’s cost per month or cost per year?

There is no fixed cost per month. You will have to calculate this based on your specific requriements

3. Is NetSuite the right option for small companies?

NetSuite is most affordable for midsize to enterprise-level companies. Generally speaking, we look at companies that have above 5 million turnover. Considering the nearly endless functionalities NetSuite is capable of, it can replace a lot of other more expensive (and less efficient) software.

For small businesses that have standard requirements, you can consider looking at NetSuite’s SuiteSuccess which was designed to help small businesses implement NetSuite.

4. Can I get the Pricing Matrix?

As a NetSuite Solution Provider, we have access to a licensing matrix & NetSuite's price list but these are not for general public consumption, there are many options with NetSuite licensing it would most likely create more questions than answers.

5. Is it cheaper to buy NetSuite license from direct team?

No, buying license from direct team is the same cost as buying with a Solution Provider.

6. Can I license just NetSuite ERP and forgo NetSuite CRM?

Yes, you can choose to license just NetSuite ERP and not license NetSuite CRM.

7. What size company is NetSuite for?

NetSuite is best for companies with over 10 employees and 5M-100M in revenue.

8. What is the cost of NetSuite compared to competitors like SAP, Microsoft Dynamics, Sage?

NetSuite’s price is very competitive given the extensive features it has. You have to understand what is important to you and select the software based of the best fit. However, it is never just about the cost with NetSuite, it is more about the value you will get out of it. Want to understand more about the savings you will get from NetSuite? Contact us and we’ll help you understand more about the savings you can achieve.

9. Can I remove modules during the contract renewal period?

No, modules can only be removed during the contract renewal period, so make sure you don't over-license by subscribing to modules only when you need them.

10. I am looking for additional functionalities that NetSuite does not have.

SuiteApps provide extensions and customizations to the NetSuite platform to meet specific industry or local business requirements. Built on the SuiteCloud platform, SuiteApps are available from NetSuite as well as NetSuite partners. The SuiteApp marketplace provides a comprehensive directory of certified SuiteApps. At NuVista Technologies, we have a SuiteApp for Human Resources that is developed on NetSuite – NuSmart HRMS www.nuvistastech.com/netsuite-nusmart-hrms. We also have developed a Field Services Application built on NetSuite’s platform.

11. Where can I get a full breakdown of NetSuite modules and their functionalities?

Here is a list of all the modules: www.netsuite.com/portal/resource/articles/erp/netsuite-modules.shtml. These modules can be licensed at any time during the contract. There is a lot of flexibility and you can add them as you grow and your business evolves.

12. Why is NetSuite so expensive?

For smaller businesses NetSuite may appear expensive compared to QuickBooks or Sage Intacct. From a pure cost perspective, yes, you pay a premium for NetSuite. However if your business is growing and you intend to scale significantly there really isn't an alternative cloud-based ERP vendor that can help you scale infinitely and never have to migrate to another ERP again. Therefore you can pay a premium for amazing ERP software today or you will pay in the future for endless ERP projects, migrations, updates, etc. NetSuite provides fast growing businesses with peace of mind know their ERP system can scale with their ambitions and provide the security that's needed in today's world.

13. Why is NetSuite so expensive?

It is expensive only if you don’t see the value in it. NetSuite is not an alternative for accounting packages like Quickbooks or Sage Intacct that are good for basic accounting functionalities like invoicing and mileage tracking. It is good if you have outgrown the basic accounting packages, are fast-growing, you might have subsidiaries in more than one country or you might be looking for a single system to manage various aspects of your systems. NetSuite is a very flexible system that grows as you do too.

If your company is price-sensitive and has a limited scope, a SuiteSuccess implementation could be a good fit. It’s a more prescriptive implementation approach that leverages industry best practices to get you live with NetSuite in 100 days. Generally speaking, SuiteSuccess works well for companies that don’t need integrations or customizations. There’s a little less tailoring, but you still get a solution that delivers measurable results while keeping the cost down. Talk to your NetSuite Partner to see which implementation approach is best for your business.

14. Is the cost of NetSuite different in different countries?

Yes, the cost is different in different countries. We have implemented NetSuite globally – in Singapore, Malaysia, India, UAE, Nigeria, Ghana, USA. Get in touch with us if you would like to get a better understanding of the pricing across countries and regions.

15. Is your business a nonprofit?

If so, you can apply to implement NetSuite through the NetSuite Social Impact program at a reduced cost or no cost. Nonprofits of all sizes are eligible for a base donation of NetSuite’s nonprofit solution with a no-cost activation. This would include all the financial operations of a small organization and has no recurring cost. Beyond that, nonprofits that qualify through Social Impact can access tools like grant accounting, nonprofit budgeting, FASB reporting and more at a reduced cost.

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5 Tips about Digitalization & ERP Implementation from Squid Game

Just like many of you, I binged on Squid Game over the weekend and realised there was much I could bring to my real life from it. Read on to learn some lessons about digitalisation and ERP implementation from Squid Game, The NuVista Edition.

  1. Timer to Digitalization

In the honeycomb game, there was a 5 mins timer to cutting out a shape in the honeycomb candy. There are some people who hesitate to take their steps forward because of fear. These are the people who had lost out in the game when the timer was up.

You might be thinking of digitalisation and automation, and might be hesitating due to the cost. However, there is no better time to act than now. We are now in the new normal and changes due to the pandemic like remote working are here to stay. According to a survey by McKinsey of 899 C-level executives and senior managers, the largest shifts during the crisis are also among the most likely to stick through the recovery – for example, changing customer needs or expectations, increase in remote work and/or collaboration, increase in customer demand for online purchasing and/or services.

In Singapore, there are grants that you can take advantage of like EDG and PSG whereby you can save up to 80% of your implementation costs. This is valid only until next March, and we are not sure of new changes thereafter.

2. Having a Strategy Is Key for a Fruitful Implementation

In the tug-of-war game, initially, it seems that the weak team with women and an old man had no chance of winning the game. However, due to their strategy like holding back tight in the first few seconds, evenly distributing weight and even releasing the rope in the last few seconds, Gi-hun’s team managed to win.

Similarly, no matter if you are a big player or a small player, you need to have a good strategy before ERP implementation. The four most common approaches are 1) single step method, 2) phased rollout 3) parallel adoption, 4) hybrid approach. However, keep in mind that selecting an ERP implementation strategy depends on several factors. Make sure to do your research to have a successful implementation!

3. Choice of Team Members Is Critical to a Successful Implementation

Just like selecting the right strategy, it is also important to select the right team during the tug-of-war. The different strengths of the team members were displayed throughout the game. Firstly, the oldest man whom people thought would be a burden, had great experience winning the game numerous times when playing with giants. Gi-hun was a good leader who displayed strength during adversity. Lastly, Sang-woo is shown as the smart guy who at the last minute, was able to come up with an idea that helped the team win eventually.

Before your ERP implementation, ensure that you have a winning team ready to participate in the implementation as this is critical to success. The team must not only be proficient but should also be team players as collaboration is key to a successful implementation.

Also, as with all projects, having a strong team leader is critical to steer the team forward as he or she will keep the morale up and leverage the strengths of each team member.

4. Seek Professional Help if You Don’t Have the Expertise

Towards the end of the glass bridge game, it was revealed that one of the players once had a job as a glass manufacturer. He was able to tell the key difference between tempered glass and ordinary glass, which allowed the last 3 players to survive the game eventually.

If you don’t have the expertise in the team, it is always good to have a solution consultant who has experience in the ERP industry with clients like you to guide you. They will ensure that you select the right ERP strategy, have the resources to implement ERP, and will do due diligence on behalf of you. If you don’t have, implementation partners usually have solution consultants – we do!

5. Bonus Tip: Choose NuVista for Your ERP Implementation

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Automate your Warehouse and Logistics Process to Improve Operational Efficiency and Meet Customer Demands

What is RFID?


RFID or a Radio Frequency Identification is defined as a system that transmits identity in the form of a unique serial number of a product wirelessly. RFID utilizes electromagnetic waves to obtain and store data, provide relevant information in real-time, and automate transactions.

 Unlike barcodes, RFID tags in general do not require a reader. Not only does this eliminate the need for someone to manually scan each box or product, but it also means that an item can be scanned and catalogued even when it is hidden behind other goods.

 

Common challenges faced in Warehouse Management


Inventory Accuracy 

 

Inaccurate inventory causes problems such as maintaining improper stock levels and buildups of obsolete inventory. These in turn often lead to problems whenever the picker starts to refer to inaccurate information, eventually leading to inefficient processes. Inaccurate accuracy can also contribute to lowered employee productivity, increased expenses, and corresponding lost revenue for your business.

 

Redundant Processes 

 

Traditionally, warehouse employees have always been likely to handle a product several times due to the nature of the warehousing process. As soon as the global pandemic hit, warehouse businesses are suddenly faced with the issue of health and safety, while having to continue on with business operations.

 

Labor Costs

 

Warehouses in general use a lot of expensive equipment and employ large labor manpower. In this season pandemic, there are businesses that are forced to cut labor costs, in return for improved service levels. Warehouses will now need to adjust shifts, ensure social distancing, and account for fluctuations in logistics while managing a vulnerable workforce.

 

Adapting to Industry 4.0 

 

Another challenge for warehouse businesses is keeping up with the pace of technology. Change is definitely imminent during this season. However, traditional processes such as distribution and picking are finding it hard to adapt and survive in this new normal. 

 

The advantages of RFID Technology

 

Reduced inventory errors

 

With an automatic data logging and collation within RFID tags and reader devices, the system eliminates the need for any operator input and therefore reduces the risk of any human error within data results.

 

Enables immediacy & real time data support

 

The system allows real time, data driven insight to help operators analyse patterns relating to internal warehouse management and key transport processes. Businesses would be able to know where an item is from the time it arrives on the dock, leaves the warehouse and every moment in between.

 

Enhances efficiency in the distribution process

 

The RFID system is able to accelerate efficiency by automating processes, that requires human intervention and streamlines them into a single, easy process. Other services such as ‘pick and pack’ will save employees countless hours, as it will determine the exact location of a specific product using the RFID reader.

 

Prevents the distribution and sale of counterfeit goods 

 

To prevent the risk of distribution and sale of counterfeit goods, the RFID system has a built in unique identifier that is able to control and prevent privacy and theft of all products. Individual items can be identified using serial numbers with EPC-enabled RFID tags as well as the ability to hold other detail information, such as the product origin of which it was manufactured from.

 

How can NuVista Technologies help with warehouse management?

 

NuVista Technologies is one of the key solutions partner of Oracle NetSuite, which is a pre-approved PSG vendor for software solutions and trusted by more than 40,000 organizations globally. It is the only unique solution that fits the needs of every business, industry and role.

Our Cloud ERP system is able to provide:


– A quick & easy built-in flexibility catered to the retail industry

 

– A customizable, customer-specific commerce Ready ERP

 

– Real-time business Intelligence for all

 

– A system designed solely for the modern company

 

We have many years of experience in RFID consulting and implementation. We have worked with clients in many different industries, specifically from Retail, Wholesale & Distribution to logistics.

 

Our consultants can seamlessly work with your business to setup an RFID system that is uniquely customized to your business needs.”

Local SMEs can be eligible for up to 80% funding with the Enterprise Development Grant under Innovation & Productivity for total implementation cost and 1 year subscription fees.

 

The Enterprise Development Gran (EDG) helps Singapore companies grow and transform. The Enterprise Development Grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars, Core Capabilities, Innovation & Productivity and Market Access. 

 

To know more about how NuVista Technologies can help your retail business to adapt, advance and become future-proof in digital transformation, contact us at +65 62742290 or email us at info@nuvistastech.com .

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Overcoming Challenges of the Retail Industry through Digitalization

By the middle of 2020, the word ‘digitalization’ became a trending topic amongst key decision makers across various industries and sectors, not discounting retail. Many retail businesses had to cease operations for months or shut for good, due to their inability to adapt to the pandemic quickly and their need to transform their businesses digitally.

The unforeseen and unfortunate circumstances hit everyone fast, and it eventually became almost impossible to sustain for a long term in the business world.

Below are some of the key challenges faced by the retail industry today:


Increase in resources and supply costs

Due to the pandemic, suppliers are raising the cost of ingredients and resources. Delivery vendors are also increasing delivery service rates. Different payment gateways and platforms are also raising their charges over time. The rising costs can lead to a strain on the local SMEs, but because the traditional SMEs do not typically forecast their expenditure due to the lack of digital tools to plan ahead, this could lead to an unforeseen circumstance when they are unable to recoup the losses.


Lack of training for employees to go digital

Existing operational manpower are not trained sufficiently to manage complicated software, to handle customers’ information, logistics management, inventory management, loyalty programs, digital payment and financial reconciliation.

This results in data and information being fragmented on various software platforms which are unable to consolidate the information well to provide insights to the business.


Keeping up with consumer demands

Customers are becoming more conscious about hygiene due to the pandemic and would prefer to browse through a digital menu and make digital payments to avoid possible contact when they enter the retail store. Retail stores that have kept up with the times would have gone digital to attract the new generation of consumers. Furthermore, they would have their customers’ data to continuously engage with them after they left the store.

The traditional retailers that could only receive cash payment or only provide physical touchpoints would run the risk of putting customers off and because they do not have customers’ information, they would have a tough time retaining or engaging them after the purchase.


How technology is revolutionizing the retail industry:


Improve customers’ experience to keep them coming back and ahead of your competitors

Understanding your customers well through their purchasing frequency and preferences would help you to develop winning marketing campaigns that will resonate with your customers.


Adapt to the environment and consumers’ changing needs with agility

Companies that adapt rapidly, upskill their employees to be digital-savvy, innovate along its supply chain and provide a consistent and compelling experience will win customers over.


Redesign supply chains to be multi-directional

Closed-loop feedback where the team and customers work and innovate together, to improve the buying experience while shrinking the product development cycles, would help businesses excel. With consumer’s right to authenticity and personalization at the heart of your supply chain, this would help the retail business to promote the right product at the right time, right place, for the right person.


Manage employee feedback and recognition systems

Retail businesses are integrating employee feedback into time clock and scheduling systems. Whenever an employee clock in or out, the system prompts the employee to responses to company policies, suggestions and concerns. This then allows HR to take in to consideration feedback to their organization and giving workers a platform to be heard.


Integrate E-Commerce-Friendly POS systems to optimize and boost online sales processes

E-commerce has surged during the pandemic due to restrictions and fears surrounding face to face retail shopping. This has eventually motivated business owners to optimize their e-commerce platforms and to boost their online sales processes.

With a synchronized e-commerce and POS integration system, retail businesses would be able to integrate online and offline transactions, inventory, and promotions across all in-person locations and online stores during and after the pandemic.


Accelerate business decision-making

Retailers can consolidate internal & customers’ data for analysis to make informed business decisions in internal or customer-facing processes quicker through digitalization.


How can NuVista Technologies help the retail industry

NuVista Technologies is one of the key solutions partner of Oracle NetSuite, which is a pre-approved PSG vendor for software solutions and trusted by more than 40,000 organizations globally. It is the only unique solution that fits the needs of every business, industry and role.

The system provides:

 
– A quick & easy built-in flexibility catered to the retail industry


– A customizable, customer-specific commerce Ready ERP


– Real-time business Intelligence for all 

 
– A system designed solely for the modern company


Local SMEs can be eligible for up to 80% funding with the Enterprise Development Grant under Innovation & Productivity for total implementation cost and 1 year subscription fees.

The Enterprise Development Gran (EDG) helps Singapore companies grow and transform. The Enterprise Development Grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars, Core Capabilities, Innovation & Productivity and Market Access.

To know more about how NuVista Technologies can help your retail business to adapt, advance and become future-proof in digital transformation, contact us at +65 62742290 or email us at info@nuvistastech.com 

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On-Premise ERP vs Cloud ERP with Oracle NetSuite: A comparison for Business Digitalisation

When choosing the right ERP system for your business, one of the many factors to consider is selecting between an on-premise or a cloud ERP solution. Many businesses and startups have now started to ditch the traditional on-premise solutions and switch over to an easy and manageable cloud deployment system.

However, there are still many reasons as to why a big or medium size company would choose an on-premise system instead of the latter. The following are a list of advantages and disadvantages, when it comes to the difference between a cloud ERP & an on-premise for your business.
 

What is a Cloud ERP?
A Cloud ERP (Enterprise Resource Planning) brings together all the traditional functions of an enterprise and digitally organizes other parties information to create a seamless as well as cooperative experience along the supply chain onto a cloud system.


What is an On-Premise ERP?
An On-Premise ERP is a subset of Cloud Based ERP distributed as a software service through the internet and sold either monthly or per-user subscription. An On-Premise ERP runs on a vendor’s servers and is consistently updated on a quarterly basis. However, the downside of it is the system uses a multi-tenant model, which means all of the vendors customers would share the same software and infrastructure.  

Advantages

Cloud ERP 

  • No hardware and lower costs especially upfront costs.
  • Access to the system and valuable key business information within. 
  • Consistent up-to-date software upgrades 
  • Security, data storage resilience as well as business continuity capabilities 

On-Premise ERP

  • Lower costs with predictable operating expenses. 
  • Out-of-box functionality that meets business needs. 
  • Rapid scalability without having to buy or build extra hardware. 
  • Automatic upgrades and access to the latest updates. 
  • Contemporary & intuitive user interface.

Disadvantages

Cloud ERP 

  • Data migration challenges from on-premise ERP type of businesses.
  • Security & regulatory compliance challenges in hosting and accessing customer information. 
  • Fewer opportunities to customize the solution according to your business needs. 

On-Premise ERP

  • Costs increase when an organization adds users or when it is not monitored closely. The cost itself might eventually surpass that of implementing and maintaining an ERP on-premise. 

How can NuVista Technologies help

NuVista Technologies is one of the key solutions partner of Oracle NetSuite, which is a pre-approved PSG vendor for software solutions and trusted by more than 40,000 organizations globally. It is the only unique solution that fits the needs of every business, industry and role.

The system provides:

  • A quick & easy built-in flexibility 
  • A customizable, customer-specific commerce Ready ERP
  • Real-time business Intelligence for all 
  • A system designed solely for the modern company

    Local SMEs can be eligible for up to 80% funding with the Productivity Solutions Grant to digitalize their businesses. 

The Productivity Solutions Grant (PSG) supports companies keen on adopting digitalisation solutions and equipment to enhance business processes. The Productivity Solutions Grant covers sector-specific solutions including retail, food, logistics, precision engineering, construction, landscaping industries as well as adoption of solutions that cut across industries, such as customer management, data analytics, financial management and inventory tracking.

To know more about how Cloud ERP can help your business, contact us at +65 62742290 or email us at info@nuvistastech.com . Visit our website at https://www.nuvistastech.com/

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Benefits for Digitalizing the Construction Industry

Ever since the pandemic first hit the world in 2020, construction & engineering sectors have been challenged with uncertainties in project costing, business operations, manpower and supply chain.

In this new landscape, it is crucial for the construction and engineering sectors to adapt and digitalise their business in order to survive as well as to overcome disruptions. 

Below are some of the challenges faced by construction and engineering companies in order to resume business during this pandemic season.


Challenges faced by construction and engineering companies


Labor shortage of skilled workers

Before the pandemic, the engineering & construction industry faced a shortage of skilled workers, many projects were forced to shut down and this eventually slowed down business in general. Although firms have tried calling back workers who were laid off, some have refused to return to work over fear of the virus or family responsibilities.

Decline in projects in various sectors of commercial construction

Various sectors of the engineering & construction industries experience a decline in projects, even after the economy begins to recover from the virus. There will be a significant change in lifestyles post-Covid-19, as a majority will still continue to work from home rather than in a physical office.

Prices of materials increase

As the economy recovers, there will be an increase in prices for construction materials, due to increasing demand in the market and newly imposed tariffs costs. As a result from this, this would raise overall construction costs & expand the project margins for contractors. 

 

Supply Chain challenges in obtaining materials and equipment

With the increase in prices for construction materials and equipment, there will be disruptions in the supply chain in an attempt to slow down the spread of the virus. Businesses will need to rely on more than one material supplier from different geographical locations, in order to build resilience in their production.

In addition, shipping and air travel have also been affected, as less air freight is is allowed to be operational and therefore a reduction in moving materials across different countries. 

 

Construction project delays

Many factors such as unforeseen job site conditions, manpower, scope changes and design rework to suit the budget cuts as well as materials contribute to project delays. Companies on the other hand, submit project proposals based on the availability of resources. Delays in projects would therefore cause problems in the entire schedule and resource management of a construction company.

Payroll, attendance & overtime, shifts

Construction companies in general often face challenges in payroll as well, this includes:  

  • Handling wages for a workforce consisting of regular employees, general contractors and independent contract workers. 
  • Human error when recording hours, labor, wages and deductions from a specific project. 
  • Missed project deadlines. 
  • Staying in compliance with labor and wage standards. 
  • Accurate & timely filing of taxes. 
  • Filing clear financial records. 




Benefits of digitalising the engineering & construction companies 


Facilitate project scope & specifications from start to finish

Facilitates project management and specifications to complete timeline deliverables. 

Tracks & measure budget cost against performance 

Tracks and measure project costs and helps to set an overall estimated budget. In turn, teams will be able to stay within a budget using cost-effective solutions and resources.  

Plans, schedules and completes projects that are crucial for success 

Digitalisation helps to manage and set all project timelines and deliverables effectively as well as efficiently. 

Validates & minimizes risk that are in key stakeholders best interest

 Assesses cost effects and risk whenever a project change occurs. 

Deployment of man-power

Accelerates the deployment and management of man-power to specific projects effectively 

How can NuVista Technologies’ help

Our NuSmart HRMS system is able to provide solutions with the following benefits:

Powerful and comprehensive system

We have developed a powerful set of integrated Payroll & Leave Management system to meet all management as well as statutory requirements. 

Managing & running monthly payrolls are now easier & less time-consuming

Gone are the days of having to create traditional excel sheets or documents to keep track of your employees’ monthly payroll system.

Self-service Mobile Application for IOS & Android

Application support on both IOS and Android mobile devices for quick access as well as efficiency.  

Role based dashboard with analytical reports

Our system provides detailed reports for work optimization & productivity.

NuVista Technologies provides cost-effective unified digital solutions that can be rapidly implemented to fast-track digital transformation successfully.

We are a leading provider of Cloud ERP/CRM/HRMS solutions, with in-depth experience across all industries and verticals.

We are based in Singapore and is an ISO Certified leading cloud solutions provider with more than 18 years of experience offering Enterprise Solutions, Custom Application Development, Staffing and Outsourcing Services, a trusted strategic partner for leading organizations from start-ups, SMEs, MNCs (including fortune 500 companies) to government agencies and a cost-effective unified digital solutions provider that can rapidly implement fast-track digital transformations successfully to increase operational efficiency and business performance for our clients.


To know more about how NuVista Technologies can help your construction or engineering business adapt, advance and become future-proof in digital transformation, contact us at +65 62742290 or email us at info@nuvistastech.com . Visit our website at https://www.nuvistastech.com/

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The Pros & Cons in Implementing Cloud ERP with Oracle NetSuite for your Business Digitalization

In today’s SME Business landscape, selecting the right ERP system for your business can sometimes be tricky. Precision, flexibility and technologically advanced are just some of the many factors to consider, when choosing the right fit. It is common for most start-up businesses to choose a Cloud ERP solution instead of a traditional On-Premise ERP. The following are the list of pros and cons when it comes to implementing a Cloud ERP for your business.

Pros

Low Total Cost of Ownership

Among the many benefits of implementing a Cloud ERP for your business is firstly, a Cloud ERP system allows for low total cost of ownership rather than a huge upfront investment, like an on-premise does. Many Cloud ERP systems tend to offer both monthly or annual subscription rates that fit your budget, as opposed to a one-off payment which may get expensive on a long term basis.

Minimizes IT costs

Secondly, a Cloud ERP minimizes IT costs. The system reduces the cost of hiring an IT team on site for any internal upgrades or even hardware maintenance, which can save you a lot of money as compared to a traditional On-Premise ERP system.  

Remote access

Thirdly, a Cloud ERP allows one to access data from anywhere at anytime remotely. As there are many businesses with multiple departments or even facilities, this function allows one to have an overview and access to data such as purchase orders, inventories and schedules. This not only saves time but also increases the overall efficiency of many business processes. 

Focus on your own business

Fourthly, a Cloud ERP allows you to focus on your own business without any worries. All version control, backup, and hosting are taken care of by a service provider, so that you may be able to deal with more important day to day business operations rather than on the technical side. 

Latest technology made available to SMEs

Lastly, a Cloud ERP gives access to the latest technologies to small and medium-sized companies, which used to be accessible only to large companies. You will get regular updates, new enhancements as well as system upgrades from your service provider; that will be beneficial in running your business in the long run. 

Cons   

Internet connectivity


As data is accessible through the Cloud ERP system anywhere, anytime. You will be dependent on your Internet connection stability to be able to access your important documents. Without any connection, one will not be able to retrieve any documents at all. Therefore, it is crucial to choose an Internet provider you can rely on when the need arises. 


NuVista Technologies is one of the key solutions partner of Oracle NetSuite, an approved PSG vendor for software solutions and trusted by more than 40,000 organizations globally. It is the only unique solution that fits the needs of every business, industry and role.

The system provides:

– A quick & easy built-in flexibility

– A customizable, customer-specific commerce Ready ERP

– Real-time business Intelligence for all 

– A system designed solely for the modern company



Local SMEs can be eligible for up to 80% funding with the Productivity Solutions Grant to digitalise their businesses. 

The Productivity Solutions Grant (PSG) supports companies keen on adopting digitalisation solutions and equipment to enhance business processes. The Productivity Solutions Grant covers sector-specific solutions including retail, food, logistics, precision engineering, construction, landscaping industries as well as adoption of solutions that cut across industries, such as customer management, data analytics, financial management and inventory tracking.

To know more about how Cloud ERP can help your business, contact us at +65 62742290 or email us at info@nuvistastech.com. Visit our website at https://www.nuvistastech.com/ .