“A 6+6 Budget Might Not Make You Popular, But It Could Save the Business” Blog Credit: James Vanreusel, March 17, 2022 (A 6+6 Budget Might Not Make You Popular, But It Could Save the Business | NetSuite) In short: Asking people to rebudget is a big deal and not a move to be made…
“Stock Keeping Unit (SKU) Explained” Blog Credit: Abby Jenkins, December 15, 2020 (Stock Keeping Unit (SKU) Explained | NetSuite) A SKU, or stock keeping unit, is a sequence of numbers and characters used as an internal tracking tool by businesses to track inventory. Here, we’ll discuss more details about what a SKU is, why a…
“Metrics That Matter: How to Identify, Track and Use Data Points Now” Blog Credit: Megan O’Brien, March 14, 2022 (Metrics That Matter: How to Identify, Track and Use Data Points Now | NetSuite) In short: The environment in which companies benchmark performance has changed dramatically over the past two years. It’s time to reassess the…
“Why Do Annual Performance Reviews Squash Morale? Plus, 10 Ways to Do Better” “22851”Blog Credit: Jonathan Feldman, March 10, 2022 (Why Do Annual Performance Reviews Squash Morale? Plus, 10 Ways to Do Better | NetSuite) In short: You’re waiting a year to give significant documented feedback? Puh-leeze! There is no perfect solution. This is improv…
“5 Best Practices to Master Rolling Forecasts” Blog Credit: Megan O’Brien, March 7, 2022 (5 Best Practices to Master Rolling Forecasts | NetSuite) In short: Achieve Better Business Results with NetSuite & Circular Edge Grow and scale your business while gaining a competitive advantage with NetSuite’s best-in-class integrated cloud business software and Circular Edge’s expertise…
Blog Credit: Scott Beaver, August 19, 2020 (What is Accounts Payable (AP)? | NetSuite) A company’s accounts payable represents its short-term liabilities—invoices owed to suppliers, for example. AP departments are responsible for processing expense reports and invoices and for ensuring payments are made. AP is a key line item in the liabilities section of an…
“What is Two-Tier ERP and How Does It Work?” “22689” Blog Credit: Ian McCue, September 9, 2020 (What is Two-Tier ERP and How Does It Work? | NetSuite) As a company expands, whether organically or through mergers and acquisitions, the benefits of a unified view into financial systems don’t diminish. If anything, it becomes more…
Blog Credit: Lisa Schwarz, August 20, 2020 (What is Order Fulfillment? 7 Step Process & Key Strategies | NetSuite) While order fulfillment is, by definition, the method by which a company processes a sales order to the customer’s specifications, that understates its importance. Customers hold more power than ever, are more informed and have higher…
“8 Expert-Backed Strategies to Deal With Inflation at Your Business” Blog Credit: Megan O’Brien, March 3, 2022 (8 Expert-Backed Strategies to Deal With Inflation at Your Business | NetSuite) In short: With global unrest and consumer prices hitting new highs, what previously seemed like transitory inflation is shaping up as a longer-term issue. Those factors…
Blog Credit: Ira Winkler, March 2, 2022 (Tax Return Season Is Also Open Season on Finance Teams | NetSuite) In short: Your employees and contractors are busy gathering documents, preparing to get their returns ready. How many emails or calls does your team typically get asking to resend a W-2 or 1099? Scammers highly…