Each year, the research firm Frost & Sullivan identifies visionary companies at the forefront of their industries. This year, NetSuite was recognized with the Best Practices Product Leadership Award in the North American cloud ERP market. In a statement announcing the award, Frost & Sullivan CEO Darrell Huntsman noted that the recognition is reserved for (…)
Cash Conservation: Reactionary + Precautionary
Enterprise CFOs are in an interesting position. More than half, 55%, of finance respondents to Brainyard’s Finance Priorities Survey say their teams’ influence has grown since the start of the pandemic. CFOs are being called on to combine executive-level strategic vision with surgical precision around cash flow analysis to make spending cuts while protecting growth investments. (…)
The New CFO Dashboard: KPIs To Track Now
The New CFO Dashboard: KPIs To Track Now In short: The pandemic has changed the way financial leaders view and report on key performance indicators that reflect operations. While specific KPI data points vary by industry, as we’ll see, the common thread is cash flow preservation. CFOs are taking a lead role in sharing daily (…)
10 Top New KPIs for Finance in Tech/ Professional Service by SuiteAnalytics BI
Annual revenue per billable consultant is a rough indicator of how much revenue your billable resources generate each year and the productivity of your technology services team. This number should be higher than the average fully-loaded cost of your consultants, meaning your consultants are generating more revenue than it costs to employ them. A good (…)
10 Top New KPIs for Finance in Retail/eCommerce by SuiteAnalytics BI
Sales per square foot has been a common benchmarking metric in the retail industry for decades, and although the introduction of ecommerce has made it less so, it’s still critical for retailers offering successful omnichannel experiences that include brick and mortar locations. The metric helps retailers make the right resourcing decisions and understand the proper (…)
10 Top New KPIs for Finance in Manufacturing by SuiteAnalytics BI
A fast cycle time is critically important to manufacturers in an era where 2-day deliveries have become the normal customer expectation. Cycle time and lead time are frequently confused. Cycle time represents the time it takes from the start of production to when an order is complete, while lead time starts at the time the (…)
10 Top New KPIs for Finance in Wholesale and Distribution by SuiteAnalytics BI
Distributors are experiencing a major shift in the standards for B2B purchasing. More companies are purchasing goods via multiple channels rather than from a dedicated distributor. Buyers are accustomed to having detailed information on all products—availability, delivery data, etc.—at their fingertips online. To meet these expectations, distributors are expected to have top notch eCommerce sites (…)
NetSuite China Localization Service
Why NetSuite China Localization? For multi-national companies using Oracle NetSuite, expanding your footprint to China on the unified NetSuite cloud ERP platform in finance, manufacturing, sourcing, sales and operations brings unprecedented financial transparency and operational efficiencies to a global organization. Above all benefits, NetSuite is essential in helping your organization to meet China’s statutory reporting (…)
500 Entrepreneurs’ Inspirations in COVID-19
In a recent survey* of more than 500 entrepreneurs in Hong Kong and other Asia countries from various sectors, surprisingly more than 50% of respondents reported that their businesses have been positively impacted or not impacted at all by COVID-19. Summarising their learnings, apart from the hardworking, passion and resilience qualities of the business leader, (…)