“5 Ways Finance and Sales Should Work Together Toward a Healthier Company” “22544” Blog Credit: Megan O’Brien, February 7, 2022 (5 Ways Finance and Sales Should Work Together Toward a Healthier Company | NetSuite) In short: As the finance department becomes a central source for data, its interactions with other departments, particularly sales, can drive improvements. Increased…
“22541” Blog Credit: Kris Blackmon, February 3, 2022 (Services Firms and Price Hikes: 4 Steps to Increase Profits Without Losing Business | NetSuite) In short: Inflation is putting pressure on services companies to charge customers more. Communicating about price hikes has got to be about alleviating the sting for customers. Success tactics include introducing value tiers and…
“22536” Blog Credit: Joseph Clancey, January 27, 2022 (How NetSuite Scales as Your Business Grows | NetSuite) When an organization procures a cloud-based technology solution, like financial management software and similar business management applications, the solution provider generally stipulates specific service characteristics that identify usage parameters within the account, like monthly transaction volumes, number of users,…
Blog Credit: Ian McCue, May 18, 2021(What Is NetSuite and How Does It Work? | NetSuite) Introduction to NetSuite: Back in the late 1990s, entrepreneur Evan Goldberg had a bold vision: deliver business software straight over the internet. This was revolutionary back then! NetSuite, his brainchild, became a pioneer in cloud-based business management. And guess…
“22517” Blog Credit: Matt Crespi, January 31, 2022 (Using Data Analytics to Make the Leap From a $10 Million to $50 Million Company | NetSuite) In short: Data is the global economy’s most valuable resource — and can offer a big boost to small businesses that anticipate strong growth. With slight adjustments to existing business processes,…
“22511” Blog Credit: Jonathan Feldman, January 27, 2022 (Firing Is a Management Failure. The Talent Crunch Should Drive a Rethinking) In short: Retrain and reposition is always a better option than replace. Now more than ever, work with what you’ve got, because hiring is difficult and expensive. Here’s how to think about terminations now. Achieve Better…
Blog Credit: Ian McCue , October 8, 2020 (15 Use Cases for Enterprise Resource Planning (ERP) | NetSuite) If you’re a business owner or finance leader, you likely already know the “what” of enterprise resource planning (ERP) software: It’s a unified database and set of applications that brings together financials, supply chain, human resources, customer service…
“22492” Blog Credit: Megan O’Brien, January 24, 2022 (Making the Case for the CFO as the Chief Data Officer | NetSuite) In short: As automation comes to finance, what new value can the finance team bring to the business? Author and CFO Glenn Hopper argues that the CFO has the potential to become the chief…
“22494” Blog Credit: Megan Doyl, January 19, 2022 (Project $50 Million: Managing Inventory Amid Rapid Growth | NetSuite) In short: For growth-hungry companies in inventory-intensive sectors, reaching the $50 million milestone requires establishing inventory management as a core business function with its own specialized team. Sustaining rapid growth requires inventory management systems that manage some of a…
Blog Credit: Ian McCue, April 26, 2022 (10 Ways to Excel in the Evolving Role of the CFO | NetSuite) In short: Three experienced finance chiefs at fast-growing companies talk about excelling in this redefined role. Key themes include collaborating with business units and being proactive in hiring. These CFOs also play an increasingly important…