Updated: Jun 7
This may be an obvious insight, but as businesses grow, they collect more and more data. I was once involved in a large analytics implementation when the transactional data eclipsed one billion records which came with its own set of challenges. However, all this data can be a goldmine of insights that can help business owners make more informed decisions. However, as the amount of data grows, it can become more unwieldy to manage and analyze effectively. This is particularly true for companies that rely on NetSuite as their primary enterprise management software.
NetSuite provides a robust set of tools for managing business operations, including the Saved Search tool. This tool allows users to query the NetSuite database and generate reports based on specific search criteria. For small to mid-sized businesses, the Saved Search tool is often sufficient for their reporting needs.
However, as businesses grow and their data needs become more complex, they may outgrow the Saved Search tool. This is because the tool has some limitations in terms of its reporting capabilities. For example, it is impossible to combine data across multiple software platforms. In addition, as more sophisticated reports a simple reporting will fall flat on its face.
To address the issue of complexity, many businesses are turning to data warehouse reporting tools. These tools allow businesses to aggregate data from multiple sources and generate more complex reports with advanced analytics. Data warehouse reporting tools provide greater flexibility and customization options, enabling businesses to gain deeper insights into their operations.
There are many data warehouse reporting tools available, each with their own strengths and weaknesses. Some popular options include Looker, Sigma Computing and Mode. With the help of a modern integration platform like Distilled Data’s Nirvana and a cloud database like Snowflake, NetSuite data can be integrated with any other software platform, allowing businesses to access and analyze their data, all-in-one place in real-time.
In quick summary, as businesses grow and their data needs and solutions become more complex, they may outgrow the Saved Search tool provided by NetSuite. To address this issue, businesses can turn to data warehouse reporting tools to gain deeper insights into their operations. These tools provide greater flexibility and customization options, enabling businesses to make more informed decisions faster than ever before.