On Thursday, August 2nd, Evan Goldberg, the Founder of NetSuite and EVP of Development for Oracle NetSuite released the following video titled Today, Tomorrow, and the Next 20 Years for NetSuite.
Guest Post by Paul Seibert, E-Commerce Practice Director at SuiteCentric
The rapidly consolidating cellular telephone industry in the United States, and the primary service providers that form that industry, are in today’s marketplace faced with a number of pain point. These include but not limited to network congestion collapse, which exacerbates an increasing inability of the major cellular carriers to monetize packet traffic, along with unabated increases in P2P or peer-to-peer traffic, unlimited connectivity and Over-The-Top OTT content strategy.
You’ve got complex orders with different pricing for each customer. You need a flexible system in place to streamline the order-to-cash process.
If you have siloed systems, the order management process can be very manual and prone to human error. But, what would your company look like if you could automate and manage your entire order lifecycle from order capture and validation, to order release and shipment confirmation, all the way through to follow up customer communications and payment settlement?
With the new revenue recognition requirements implemented by FASB, many companies are looking for support on how to manage these requirements. The changes to revenue recognition have an impact on both organizational business processes and configurations within the software that manages revenue. The following article will illustrate considerations when managing the new requirements. ASC 606 has listed 5 core principles to managing revenue:
In my previous blog, we explored what Project Methodology is meant to do at a high level and why it is important. When professional services organizations share their methodology with their customers, they are showing them what to expect and preparing them for success. The more the client is bought into the outlined process and understands the value, the more likely the project is to succeed.
This article is a continuation of my previous post, in which we started setting up a workflow using SuiteFlow to pre-populate several field values within a ticket record used by support staff to help improve their overall efficiency. We began by configuring the workflow itself, and then added a simple automation to set and unset the value of a custom field called “Completed By” based on the value of the “Status” field. In the second half, we’ll dive deeper into workflows and use joins to source fields from other related records to populate additional fields on the ticket for an even more dynamic automation.
Every time I implement a new system for a client, whether NetSuite or something else, the first thing we talk about is data.
Using NetSuite’s saved searches feature is one of the easiest and most effective ways to segment data and create custom reporting without requiring a technical background. Not only can you harness both standard and custom field values as search criteria and in search results, but you can also use formulas and SQL statements to include calculated values within your searches. In this post, I’ll share five of my favorite ways to use formulas to make your searches even more powerful – including tricks for generating dynamic links within searches, adding custom highlighting on individual text values, consolidating values into a single column, and more.
Any program (system, application, service, etc.) that has ever existed, big or small, was created with a purpose - to solve a problem. But, as your company grows, evolves, and adapts to industry changes, your needs change. And as your needs change, so do your problems.