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A Comprehensive Guide to Netsuite Training for Accounting Professionals

NetSuite serves as accounting, ERP, inventory, and e-commerce software, among other functions. Evan Goldberg launched the business in 1998 under the name NetLedger. Investors were interested in this since there were very few business solutions hosted online at the time (the vast majority were on-premise), which was pre-cloud computing.

Later in 1998, Goldberg obtained around $125 million in venture finance from Oracle's Larry Ellison. Initially known as NetLedger, Oracle changed its name to NetSuite, a publicly listed business with locations worldwide and generated $741 million in sales in 2015.

It's hardly surprising that more firms are investing in software, given that 95% of enterprises report using ERPs to improve their business operations, with NetSuite training capturing 10% of the worldwide market.

However, NetSuite is big, just like many all-encompassing, best-in-class ERPs. The basic system is highly flexible and has models for every division, from production to human resources to financial management, even without the hundreds of SuiteApp interfaces. And since this is a solution for accounts receivable (AR) specialists, we'll limit ourselves to the financial aspect. You can easily opt for NetSuite online training to get started with the preparation for this certification.

NetSuite Training

In terms of upkeep and the number of workers required to operate the program, the cost is similarly modest. A new firm may begin with NetSuite already installed because this software's setup costs are not prohibitive.

If NetSuite is used only for personal purposes, it may also be installed at the end of the first year. Other ERP systems don't always operate in this manner. It is feasible for new staff to begin using NetSuite certifications immediately because it does not require a lot of experience. The NetSuite certification cost is also affordable.

After a few days, you may be able to master the fundamentals of NetSuite if you have experience with an ERP or CRM. However, taking part in a training session designed exclusively for your particular module is beneficial to dive deeper into the NetSuite platform. Oracle Netsuite is a powerful platform with nine distinct modules for financial management, each with a wide range of features. The Oracle NetSuite certification is a good one too.

Before taking their User certification test, general users are suggested to train with the NetSuite platform for three months. However, mastering the administrator and developer jobs may take over a year. To fully comprehend the platform's potential, you'll likely need to spend money on professional NetSuite training sessions online. Take up Netsuite training courses today to be a step ahead.