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?

As a wholesaler of cell phone units, parts, or accessories, you’ve got a lot of different kinds of inventory in multiple locations to keep track of.

The cell phone industry has a lot of moving parts. Whether you’re a unit, parts, or accessories distributor or you do cell phone repairs, you’ve got a lot of items to keep track of. Not only do you have to handle all the standard business functions – marketing, sales, accounting, customer management, etc. – but you also have a lot of different kinds of inventory in multiple locations to keep track of.

Wholesale distribution companies have so many moving parts to juggle. Day-to-day operations can be time-consuming, keeping the company from reaching its true business potential and hindering growth.

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:

Regardless if you are on time and on budget, people make or break a project.  What I’m going to discuss today is not managing scope and change orders, but rather managing changes that team needs to go through.

As humans, we are creatures of habit. When new systems are brought in, it requires the systems adopters to not only to learn a new system, but also change their processes. If change is not properly managed, a seemingly smooth project can be easily thrown off the tracks.  

Project management in NetSuite offers a great deal of flexibility when managing projects and resources.  With that flexibility comes the options to control how you will bill your customers.  In this blog, will cover how to use the following Billing types in NetSuite Projects at a high level:

Does your business need to record sales between subsidiaries? If so, here are a few things to consider.