The Impact of Oracle NetSuite ERP Implementation on Business Performance and Sustainability
Research and Analysis Journal
Vol. 7 No. 05 (2024),Volume
2024
,
Page 01-32
https://doi.org/10.18535/raj.v7i05.389
Enterprise Resource Planning (ERP) systems have truly transformed how businesses operate. By bringing various functions together into a single platform, they enhance efficiency and provide valuable insights for strategic decision-making. One notable example is Oracle NetSuite, a cloud-based ERP solution that has the potential to significantly improve both business performance and sustainability. In this study, we delve into how Oracle NetSuite ERP boosts operational performance in several ways. It increases efficiency, enables real-time data analytics, and streamlines processes. Additionally, it plays a vital role in promoting sustainability through better resource management, adherence to environmental regulations, and a commitment to corporate social responsibility (CSR). To provide a comprehensive view, we used a mixed-methods approach, incorporating case studies, surveys, and secondary data to evaluate the dual benefits of this ERP system. Our findings indicate that Oracle NetSuite not only enhances financial and operational outcomes but also helps businesses align with modern sustainability objectives. To wrap up, we offer strategic recommendations for organizations looking to harness the power of ERP systems as they pursue a more competitive edge while contributing to a sustainable future.