NetSuite 2022 Release 1 (click here for ONE Pac’s summary) delivers new features and capabilities to help high-growth companies meet finance and accounting demands. With an emphasis on efficiency and visibility, the latest release contains valuable tools to provide needed insight into their businesses, improve performance management and expedite payment processes. Simplified Billing An exciting (…)
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 (…)
Sneak Peek for Manufacturers: NetSuite 2021 Release 2 Provides Increased Supply Chain Controls Technology trends are one of the drivers offering the chance for a true manufacturing resurgence in the U.S. Creating a more resilient and agile business through greater supply chain visibility couldn’t be more important — as backlogs at ports, critical shortages of (…)
Greater Inventory Controls and eCommerce Acceleration Wholesale distributors, like most product companies, are being buffeted by supply chain disruptions, labor shortages and the ever-increasing expectations from retail customers and consumers for fast, predictable and free delivery. Moving $6 trillion worth of products, materials and services – more than a quarter of the country’s 2021 GDP – requires (…)
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 (…)
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 (…)
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 (…)
KidKraft unified business systems for international operations by NetSuite The global award-winning innovative toys and children’s furniture manufacturer seamlessly unified its various business units’ operations of finance, sales operation, inventory management to support its international expansion with NetSuite’s OneWorld. Business Challenges KidKraft, the US-based industry-leading dollhouses and play kitchens manufacturer expanded its product portfolio beyond (…)
A faster period-end process facilitates finance team to provide executives with more timely access to the latest profitability, cash flow and business efficiencies insights, enabling them to make quicker and better-informed decisions. And, the role of CFO will have the right numbers to oversee and influence over decision-making processes to drive business value in key (…)