The NetSuite 2024 Release 2 brings numerous enhancements that offer substantial benefits for manufacturing companies. Here are the key benefits and elaborations on the business processes involved: Key Benefits for Manufacturing Companies Conclusion The NetSuite 2024 Release 2 offers manufacturing companies significant advantages by enhancing financial management, streamlining business processes, and optimizing operational efficiencies. By (…)
Benefits for Retail & eCommerce: Get Your Review Account of NetSuite 2024 Release 2
NetSuite 2024 Release 2 offers transformative features for NetSuite users that can greatly enhance the finance, operations, inventory management and supply chain of retail and eCommerce. Here’s an in-depth look at why upgrading to this release is crucial, illustrated with specific retail or eCommerce operations: Enhanced Financial Management of Retail and eCommerce Streamlined Operational Management (…)
NetSuite 2024.2 Release for Multi-National Companies with Multiple Subsidiaries
NetSuite 2024 Release 2 introduces critical enhancements designed to improve the management of multi-national companies with multiple subsidiaries. Focusing on finance, operational, and business process modules, this release offers several key updates that can drive efficiency and streamline operations across your global enterprise. 1. Finance-Related Updates Payment Automation Enhancements CNAB 240 Delivery Files 2. Transaction (…)
NetSuite 2024 Release 2 for Wholesale Distribution Companies
NetSuite for Wholesale Distribution equips your company with comprehensive customer-facing sales force automation, including quotes and orders, along with robust marketing and customer service capabilities. These features integrate seamlessly with back-office functions like inventory management, fulfillment, and accounting. The NetSuite 2024.2 release brings significant updates that can enhance your wholesale and distribution operations, focusing on (…)
Financial Planning and Budgeting with Oracle NetSuite
Efficient and Real-time Financial Planning and Budgeting in the Cloud As financial leaders, you are the navigators of your organisation’s financial position and business model in fast-changing times. Standard financial planning does not provide the information that business leaders need for strategic decision-making. According to a recent study by Gartner, FP&A leaders expect that they (…)
Prepare for 2022 and beyond: with a Stronger, More Efficient Budgeting and Planning Process
November is not only meant for auditing the contents of your coat closet before the global online shopping festival, it likely means you’re well into next year’s budget planning process. Finance teams have a lot on their to-do-lists at year-end and, frequently, their most difficult challenge is annual planning and budgeting. An accurate plan creates (…)
Frost & Sullivan Recognizes NetSuite’s Vision and Execution in Cloud ERP
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 (…)
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 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 (…)