“What Is Ad Hoc Reporting & Analysis? Definition, Benefits & Goals” “22642” Blog Credit: Andy Morris, June 10, 2021 (What Is Ad Hoc Reporting & Analysis? Definition, Benefits & Goals | NetSuite) As the volume of data grows, so does its role in business decision-making. But for organizations to truly harness data’s value at any…
“Inflation Indicators: 4 Metrics to Guide Business Planning” “22632” Blog Credit: Megan O’Brien , February 14, 2022 (Inflation Indicators: 4 Metrics to Guide Business Planning | NetSuite) In short: US inflation rose to 7% between December 2020 and December 2021, the highest uptick since 1982 – and isn’t looking to recede anytime soon. As inflation…
“Online Marketplaces Are Reshaping B2B Procurement, and a Lot More” “22629” Blog Credit: Janet Schijns, February 10, 2022 (Online Marketplaces Are Reshaping B2B Procurement, and a Lot More | NetSuite) In short: The gig economy is changing the peer-to-peer game for services companies. How will you cope when customers are shopping on price, price and…
“A Guide to Reverse Logistics: How It Works, Types and Strategies” “22554” Blog Credit: Abby Jenkins , January 14, 2021 (A Guide to Reverse Logistics: How It Works, Types and Strategies | NetSuite) Learn everything you need to know about reverse logistics, including the types of logistics, the process involved, steps, benefits, challenges and how to use…
“What Is a Pay Period? Types, Considerations, and How to Choose” “22550” Blog Credit: Marc Holliday , March 24, 2021 (What Is a Pay Period? Types, Considerations, and How to Choose | NetSuite) How you manage the structures used to pay your employees is an important decision in running your business. Structuring your pay period in a…
“What Is the 80/20 Inventory Rule?” “22547” Blog Credit: Abby Jenkins , April 19, 2021 (What Is the 80/20 Inventory Rule? | NetSuite) What products deliver the most profitability? Are they the same as your top sellers, or are you moving a high volume of pricey-to-produce items while skimping on marketing for SKUs that yield healthier margins?…
“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…