NetSuite Consultants : What the Future Holds

NetSuite Consultants : What the Future Holds

What the future holds for NetSuite Consultants

What Is a NetSuite Consultant?

A NetSuite consultant is a professional who specializes in the implementation, customization, and management of NetSuite.

What we call a consultant, or a functional consultant, is someone who knows how to set up and customize the system to a certain level but generally would not get involved in any coding. A functional consultant is both mildly technical in their ability to write workflows and create custom objects but is also a customer facing role, ready to run walkthroughs and trainings.

The NetSuite consultant is multi faceted, requires broad knowledge of the entire NetSuite offering and needs the ability to formulate solutions and architecture.

The consultants partner in crime is the NetSuite developer who is less customer facing and far more focused on the scripted customization of the system. A developer will be skilled at writing SuiteScript and converting requirements in to scripted solutions.

In an ideal world these two roles will work symbiotically to ensure customer needs are being met whilst keeping the system usable and only as scripted and customized as it needs to be.

How Does the Market Currently Look for NetSuite Consultants?

Today there are more than 40,000 NetSuite customers worldwide. Each of those customers is a business that will require assistance during the implementation of the system and also after go live to maintain and optimize it.

The size of that market seems to be growing at a much faster rate than new consultants are entering it. At the time of writing, and for the last few years, there are far more jobs than quality consultants.

The speed at which new consultants entering the market can climb the ladder and increase their salary is significantly quicker than seen in other industries.

Recruiters know that competition is slim and they are picking anyone who so much as whispers the word NetSuite near their LinkedIn profile. This just reinforces the key word in my previous point – there are far more jobs than quality consultants.

It’s a candidates market at the moment and what makes it even harder for businesses is that there are an awful lot of candidates being encouraged to enter the market who really don’t have the skillset or passion for this work. I have interviewed countless individuals over the years who were demanding a salary that a recruiter said they deserve but was grossly unjustified.

Now, as a potential consultant this probably all sounds like music to your ears. Well, be careful. Getting a job is one thing, excelling at it is another – and that will become a problem. The market won’t always look like this…

How Does the Future for NetSuite Consultants Look?

A 2020 study by Allied Market Research reported the global ERP market accounted for $35.8 billion in 2018. They have projected that to increase to $78.41 billion by 2026.

Growth of the NetSuite Consultant Market

Those are big numbers and if that projection is correct then there is still major growth for this sector.

So, the glory days will continue? Not entirely. With the lack of experienced talent in the market there appears to be a big drive from the recruitment sector to up skill NetSuite users or people with a vague, passing interest in NetSuite. As time passes, that market will start to fill out and the shining stars will get noticed.

Like in any industry, experience will start to play a far more important role in the recruitment process and many of those that were encouraged in to this field will fall off the train and wander elsewhere.

I suspect that the high quality consultants that are competing today will find themselves either managing teams for Partners or managing themselves as freelancers, like myself.

I believe, however, that entering the market and rising to the top 5 or 10 years from now is going to be massively harder than it is today. Our work is fairly specialist at present but the shortage of resource won’t last forever.

The Ultimate NetSuite Saved Search Guide

What Does that Mean for Me Today?

If you have an interest in working with NetSuite it is important to ACT NOW. This is the perfect time to begin that career. There are more jobs than you can count, the salaries are very competitive and you can climb the ladder incredibly quickly if you are willing to put the work in.

If you wait a few years I can’t promise you it will still be like this.

Reach via the Contact form if you would like some information on beginning a career with NetSuite

If you are new to NetSuite, find out here the best places to find free resource and training.

If you are looking at an implementation soon, look out for these common pitfalls.

If you are already an experienced consultant maybe it is time to take the next step in your career and get certified. I advise taking a look at the ERP Consultant Certification route.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *