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Software has become an integral part of a person’s life. From the operating system used on a phone or computer to the basic functions of the appliances that make up their smart home, they all run on software. With computers and computer-assisted devices proliferating in the past few decades, it’s easy to overlook how software…
Wholesale distributors have a lot on their plates. They need to be agile, adaptable, and ready to pivot at a moment’s notice. That’s where NetSuite comes in. This cloud-based software platform offers a range of integrated applications for managing all aspects of a wholesale distribution business, including CRM, inventory management, financials, and e-commerce. One of…
Congratulations! If you are reading this, then that must mean that you are your company’s newly-promoted-slash-hired chief financial officer, or CFO for short. Since this is a position you worked hard for (and want to keep), no doubt you want to make sure that you are effective in your job. While there is no doubt that…
As we roll into the new year, it’s important for businesses to have a plan in place to ensure their continuity in the face of unforeseen hazards. A business continuity plan (BCP) is a mechanism for protecting a corporation and ensuring that operations can resume rapidly in the case of a disaster. In other words,…
Systems are integral to running any business. Take for instance, the retail industry. Said industry has seen big changes in the past few years. More than 80% of shoppers adopted new buying habits as a result of the pandemic, reports McKinsey, and most expect to continue to exercise their newfound flexibility. For example, “buy online,…
Overview B2B, short for business-to-business, are companies that sell complex products and services to other businesses and organizations. As such, they need to provide their sales teams with a fast, error-proof configuration, pricing, and quoting (CPQ) system. Sales representatives must be able to quickly configure custom line items as well as find stock parts to…
The talent shortage isn’t abating. One coping strategy: Increase your team’s output. If you’re a CFO or senior leader in finance, you’re likely spending a lot of time these days figuring out how to make the most of the human and technology resources you have available. You’re not alone. Purse strings have tightened, and CEOs…
Dread the month’s end? Our three-stage strategy dispels the gloom 3 Steps to Close the Books in 5 Days or Less For finance teams, speeding the monthly close and reporting process has been a priority for years — a priority that most never quite get to. Despite its acknowledged importance, many companies still struggle to…
Introduction Largely as a result of the pandemic, reliance on and comfort with technology as a business differentiator has progressed in the past two years at pace that would otherwise have taken a decade or more to reach. Customers are rapidly shifting their buying to ecommerce. Supply chains are better managed with strong technology. Staffing…
Dashboards and key performance metrics (KPIs) provide a real-time view of your business and are critical components of the NetSuite user experience. A well-designed dashboard can keep you up-to-date and on task. These tips will help optimize your use of dashboards and KPIs so that employees can act on the job tasks that are most…
