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5 Ways NetSuite’s Warehouse Management System Help Improve Operations

Posted by Stephen Kavianian, Business Development Manager on Aug 2, 2021 4:27:47 PM

For distributors across the world, the warehouse is the most critical component of the supply chain. Sometimes a warehouse is solely look at a place where storage is kept, but that storage is revenue. Having a way to efficiently and effectively move product in and out of your warehouse is key to ensuring your company is running at its max potential.

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Tags: ERP, Project Management

Why Companies Looking to IPO Should Consider NetSuite

Posted by Stephen Kavianian, Business Development Manager on Jul 14, 2021 11:19:59 AM

2020-2021 was a tough year for many companies as the COVID-19 Pandemic instilled a level of uncertainty in today’s business climate. But even then, we saw a large number of innovators push through and successfully IPO during a pandemic.

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Tags: ERP, Project Management

Intercompany: How to create a paired intercompany invoice and vendor bill

Posted by Sara Duong, Consultant on Jul 6, 2021 8:26:42 AM

How many times have you created an intercompany bill and lost track of if you created the corresponding intercompany invoice to offset? Or you are doing your audits and take forever to find the corresponding intercompany transaction?

 

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Tags: Project Management, NetSuite How To's

Month End Challenge: Expense Allocations

Posted by Sara Duong, Consultant on Jun 27, 2021 5:17:54 PM

A common headache for our Client's accounting departments month end process is expense allocations. It's often time consuming and having to remember or keep track of the allocation methodology used each time. NetSuite has an Advance Financial tool that does just that automatically.

 

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Tags: Project Management, NetSuite How To's

NetSuite: Integrate Salesforce

Posted by Jesse Guzman, Consultant on Jun 14, 2021 11:21:41 AM
NetSuite and Salesforce are two powerhouses in the cloud business tools industry. In some ways they compete for customers. NetSuite can provide many of the same tools as Salesforce, however, there are many organizations who decided NetSuite will be the system of record for financials, manufacturing, inventory, order processing, etc yet rely on the power of Salesforce for CRM.
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Tags: Project Management, NetSuite How To's

Non For Profit: SuiteKeys - Shortcut for Filling in Segmentations

Posted by Sara Duong, Consultant on Jun 3, 2021 4:40:11 PM

A challenge for Non For Profit NetSuite Clients are the numerous segmentations that can be applied in a transaction. A Donation, Pledge, or Grant record could require multiple segmentations to help the Client manage funds that are coming into the organizations; many funds have specific applications or restrictions on how it can be used. If used improperly, it can cause Client to lose the funds. SuiteKey is designed specifically to help the User more efficiently enter data on a transaction level.

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Tags: Project Management, NetSuite How To's

Using Transaction Item Options in NetSuite

Posted by Sarah Emery, Senior Consultant on May 25, 2021 3:11:04 PM
If you maintain inventory that has variable attributes (commonly size, color, or style) in NetSuite, then you are probably familiar with matrix items. Matrix items are an excellent option for organizations that sell products which are fundamentally similar in form (i.e. t-shirts) but differ in one or two categories (i.e. size and color), as they allow you to group all of the related the child items under a common parent. While these capabilities are extremely useful for products with options that need to be tracked distinctly, there are some cases where item options need to be captured on transactions for informational purposes and are not actually separate products. In these scenarios, transaction item options might be a better fit. In this blog post, I’ll provide an overview of transaction item options to help you decide if it’s the right approach for your requirements.
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Tags: Project Management, NetSuite How To's

E-Way Bill for India

Posted by Kevin Suh, NetSuite Administrator on May 19, 2021 4:25:55 PM

What is E-Way Bill? And why is E-Way bill required in India? These are common questions when you start moving goods from one place to another anywhere in India. Under India Goods and Services Tax (GST), registered transporters should carry an E-Way Bill when moving goods from one place to another according to certain conditions. E-Way Bill is an Electronic Way Bill for movement of goods to be generated on the E-Way Bill Portal.

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Tags: Project Management, Wholesale Distribution, NetSuite Tips

Seven Key Indicators Your Current Inventory Management Process is Ready for an ERP Makeover

Posted by Stephen Kavianian, Business Development Manager on Apr 20, 2021 3:19:46 PM
Companies in industries that rely heavily on product sales to generate revenue need to be consistently adapting to the demand of their consumers. If your company falls in one of these industries, then gaining real-time visibility while adopting automated processes to better streamline your inventory management operations could save you time and money.
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Tags: ERP, Project Management

Mass Updates vs. CSV Imports – Updating Records in NetSuite

Posted by Sarah Emery, Senior Consultant on Apr 5, 2021 1:46:24 PM
When making bulk updates to existing records in NetSuite, there are two approaches that are typically used – mass updates and CSV imports. Depending on the specific updates being made and the frequency with which the updates will be performed, you may find that one approach is better than the other. In this post, I’ll share key differences between the approaches along with a few practical use cases for each.
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Tags: Project Management, NetSuite How To's