Which modules does an ERP System include?
With over 32,000 global customers using Oracle NetSuite, the system has been growing massively in demand. Particularly in Germany, many SME’s prefer to use the NetSuite System over JD Edwards.
From our experience as ERP specialist recruiters, we have worked with many candidates who have moved away from the JD Edwards system into the NetSuite ERP market. With similarities between the Oracle ERP systems, have you ever considered working in NetSuite?
Today we are going to talk you through the common modules both JD Edwards and Oracle NetSuite share and how you can transfer your skillset.
What is JD Edwards & NetSuite?
Both Oracle ERP platforms allow businesses to run their processes through the choice of database and deployment options. Both ERPs are made to help businesses tailor solutions to meet their needs. Both platforms can even be accessed on multiple devices, wherever and whenever they want.
If you’re considering moving markets, it’s important to understand the differences between the enterprise recourse planning (ERP) solutions.
NetSuite is a cloud-based ERP solution that offers the ability to scale quickly and easily, lower IT costs, provide real-time visibility into your business, and increase flexibility. On the other hand JD Edwards is an on-premise ERP solution that share many common modules with NetSuite. This means if you have experience with JD Edwards you will have many transferable skills that can be used in NetSuite’s system.
Common modules and shared skillsets
Both software systems offer users a high degree of financial control and flexibility. This is essential for businesses of all sizes, as it allows them to make informed decisions about their finances and manage their money effectively.
NetSuite and JD Edwards Financial Module both offer users a comprehensive suite of tools for accounting, invoicing, and financial reporting. This makes it easy for businesses to keep track of their financial performance and make sound decisions about where to allocate their resources.
Here are some key transferable skillsets you'll need to use NetSuite effectively:
Accounting and Finance knowledge
Know how to interpret a variety of financial statements
Have the ability to manage budgets as the module makes it easier for the business to track actual results against budget
Customer Relationship Management
JD Edwards and NetSuite both have powerful customer relationship management (CRM) tools that can help businesses manage their customer data, sales, and operations. Both platforms also offer a suite of features that can help businesses streamline their processes and improve their bottom line.
Here are some of the transferable skills needed for NetSuite and JD Edwards Customer Relationship Management (CRM) modules:
Entering and managing customer data
Configuring fields and workflows
Creating and managing reports
Tracking and managing customer interactions
Human Resource/Capital Management
The Human Resource Module for both NetSuite and JD Edwards have complete HR solutions that helps you manage employee data, onboard new employees, and run payroll.
Both ERP systems have the following features in common such as, keeping track of employee information, monitoring compliance with HR regulations, timesheets, and automated payroll processes.
Transferable skillsets in this module includes:
Previous knowledge with managing employee records
Create and manage payroll
Knowledge to support the creation and management of employee training programmes
NetSuite and JD Edwards have a lot in common when it comes to their Supply Chain Module. Both offer a comprehensive and robust set of tools that help businesses manage their supply chain. However, there are some key differences between the two that should be considered when choosing a solution.
NetSuite's Supply Chain Module is a cloud-based solution that offers real-time visibility into inventory, orders, and manufacturing. It also includes features such as order management, warehouse management, and transportation management. JD Edwards' Supply Chain Module is also a comprehensive solution that offers similar features, but is an on-premises solution.
To use either NetSuite or JD Edwards SCM module, you will need to have a strong understanding of the principles of supply chain management. This includes knowledge of:
Supply chain optimisation
You will need to be proficient in using the software itself
Benefits of having transferable ERP skillsets
Having transferable skills in ERP is extremely beneficial for your career. With the ever-changing technological landscape, being able to adapt and learn new systems quickly is a valuable asset. ERP systems are complex and can be difficult to become skilled at, but if you have the ability to quickly understand new systems, you will be in high demand from employers.
Are you currently looking to use your skills in another ERP?
Get in touch with us here at IT Works Recruitment Germany, we can help support you in your next career steps. Whether that’s transferring ERP systems or looking to take on a new opportunity in your current career path.
You can get in touch with us using the contact details below:
☎️ +49 (0) 800 00 04 691