Domo Inc.

25/07/2024 | News release | Distributed by Public on 25/07/2024 20:14

Supercharge the Power of Your Data Platforms: Connecting NetSuite with Domo

For scrappy entrepreneurs launching a business, it feels exhilarating at first. Initially, managing the financial and operational data to ensure everything is running smoothly may not seem overwhelming.

But as you start to take on more clients and employees, what worked on day one will need to change and evolve. When you reach the critical point where it's not practical to have your hands in every part of the business, solutions like NetSuite can come in handy.

NetSuite is a cloud-based enterprise resource planning (ERP) system that provides real-time visibility into a company's financial and operational performance. This all-in-one platform allows businesses of different sizes and industries to manage their data related to finance, accounting, inventory, supply chain, and more.

With more than 38,000 customers, you can safely bet that NetSuite has a strong track record of helping companies find value in their data. Savvy users are maximizing their NetSuite investment by bringing that data into the Domo platform.

Is it time to connect your NetSuite account with Domo? Whether you're a new client or an established NetSuite customer, learn why pairing these two powerful tools together can deliver supercharged insights for your business.

The downfall of disparate data sources

Every year, professionals are bombarded with new tools to collect more and more data from each customer interaction. When handled correctly, that data can provide invaluable information that drives your organization forward.

But collecting data isn't always a tidy process.

As businesses grow and departments begin to function independently, it's no surprise they may also start to collect data differently using their own tools and systems. So even if two departments are measuring similar things, they may go about it differently, leading to misaligned data. Also, different industries often have unique key metrics that may not be included in a standard ERP system.

While ERPs like NetSuite can certainly collect a trove of important financial, accounting, and operational information, you may need information from these other systems to build a complete and accurate financial picture of your business. This can require finance teams to use time-consuming, error-prone, and operationally expensive manual processes in order to bring the essential data into the ERP.

Bringing Domo into NetSuite can help smooth out those bumpy processes, allowing you to make the most of your data.

A complementary pair of data platforms

If you're ready to start seeing the holistic picture of your organization's health, Domo has the solution for you. With Domo, you can funnel all your NetSuite data, as well as your business-critical data from other sources, into one centralized analytics platform. This single source of truth can connect, transform, and visualize all your financial and business data from any tool in your tech stack.​

Connecting all your data allows you to identify, monitor, and analyze key performance indicators that really matter, enabling you to tackle your most complex business challenges. With unified data from across departments, you can pinpoint areas of risk and opportunities for growth, and confidently make data-driven decisions that drive bottom-line impact.

Effectively harnessing the combination of these two powerful tools also provides you with an opportunity to empower your workforce. With a mobile-friendly and easy-to-use platform, Domo allows both you and the decision-makers at your company to easily access detailed business reporting with dynamic visualizations that can provide unprecedented visibility into your organization's financial performance.

Connecting your data collections

Are you ready to maximize your investment in NetSuite? The good news is that Domo makes it pretty simple. All you need to do is find the right connector.

If you aren't super familiar, connectors funnel the data stored in a specific source, like Google Sheets, into the Domo platform. This lets you work with all of your data in one place, rather than switching back and forth between different sources. For example, you may need connectors if you currently store data in Google Analytics, HubSpot, Marketo, or, of course, NetSuite.

Domo provides an extensive library of connectors for you to use. If you have data stored in an accessible source, chances are pretty good that you'll be able to bring that data into your Domo dashboards. Set up is also safe, secure, and fast, especially compared to manually combining data, which can take as long as 10 days. And you have the support of the Domo team if you need help connecting your data sources.

Accelerate your insights with Domo

Modern businesses require teams that can anticipate a customer's needs. The data housed in NetSuite plays an important role in helping you view the current strengths and weaknesses of your business.

But to clearly identify the trends and patterns that will shape your organization's future, you need to be able to see the rest of that picture. With NetSuite and Domo together, you can build dynamic, real-time reporting and make proactive decisions rooted in thorough analysis.

Start empowering your teams today with Domo. Learn more about maximizing your NetSuite data with Domo.