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Glossary>Business Intelligence>NetSuite Analytics

NetSuite Analytics

NetSuite Analytics is a cloud-based business intelligence tool designed to provide real-time insights and data visualization for organizations using the NetSuite ERP system. It enables users to analyze financial, operational, and transactional data through customizable dashboards, reports, and key performance indicators (KPIs), facilitating informed decision-making and strategic planning.

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About NetSuite Analytics

NetSuite Analytics was developed as part of the broader NetSuite ERP system, which was originally founded in 1998 by Evan Goldberg. It aimed to provide businesses with a comprehensive suite of cloud-based tools for managing financials, operations, and customer relations. The analytics component specifically focused on offering real-time data insights and reporting capabilities to enhance decision-making processes. Over time, it evolved to incorporate advanced features such as customizable dashboards and KPIs, aligning with the growing demand for data-driven business intelligence solutions.

Strengths of NetSuite Analytics include its seamless integration with the NetSuite ERP system, real-time data access, and customizable dashboards. Weaknesses may involve a steep learning curve for new users and potential high costs for small businesses. Competitors include SAP Analytics Cloud, Microsoft Power BI, and Tableau.

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How to hire a NetSuite Analytics expert

A NetSuite Analytics expert must possess skills in data analysis, proficiency in SQL for querying databases, and expertise in creating and customizing dashboards and reports within the NetSuite platform. Familiarity with SuiteAnalytics tools, such as Saved Searches and SuiteScript, is also essential for advanced data manipulation and automation.

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