NetSuite Blog

Everything listed under: Financials

  • Lead, Transform, Operate: A Three-Step Imperative for the Modern CFO

    CFOs today face several ever-evolving challenges. Digital disruption continues to change the way business gets done everywhere from self-driving cars to closing the books. Additionally, businesses embracing hybrid business models that are bridging the internet-brick and mortar gap need to experiment and innovate without spending significant amounts of capital and resources.

  • As Craft Beer Industry Explodes, White Labs Goes Global with NetSuite OneWorld

    Small and independent craft beer brewers grew eight percent in 2016 and now account for 99 percent of the 5,005 breweries in the country, according to the Brewers Association, a nonprofit trade association dedicated to the segment. Meanwhile, there are now 1.2 million homebrewers in the US.

  • For InSource, Every NetSuite Upgrade is a Chance for Improved Efficiency

    Recently, Thomas Barczak, CIO of InSource Solutions, was teaching his 14-year-old daughter how to use Microsoft Office. For someone who had been using the software for 30 years, what he thought would be very straightforward wasn’t. “I realized from an implementation standpoint I was missing it,” Barczak told a roomful of attendees at the recent SuiteWorld 2017 conference. “It’s an evolution, not a Big Bang event.”

  • Evan Goldberg’s SuiteWorld 2017 Keynote: Ready, Set, Next

    In his keynote for SuiteWorld 2017, NetSuite Executive Vice President details all the new features in NetSuite, including global expansion, industry solutions, omnichannel commerce, global supply chain automation, advanced bill of materials, time sheets in SRP, project profitability reporting, NetSuite for Agencies, NetSuite’s commitment to nonprofits, performance improvements, SuiteCloud platform enhancements, and new integrations between NetSuite and Oracle Planning and Budgeting.

  • Jim McGeever, Mark Hurd Promise More, More, More in SuiteWorld 2017 Keynote: Next Starts Now

    In the opening keynote from SuiteWorld 2017, NetSuite Global Business Unit Executive Vice President Jim McGeever shares what’s next for NetSuite and the industry. McGeever announces SuiteSuccess, a new industry cloud solution, and SuitePeople, core HR functionality built onto the NetSuite platform.

  • Innovation, Digitalization Still Low Priorities for CFOs, Research Reveals

    For several years, there has been growing recognition of the changing and broadening role of the CFO. In all but the most stagnant organisations, CFOs are taking on strategic duties to complement their traditional financial planning role, and embracing performance management and business partnering. Of course, a massive change in mindset and skillset doesn’t happen overnight – this is an evolution that has been several years in the making, and organisations are at different stages of their journey.

  • Unified Services, Financial and Customer Data Drives Insight at Golden Star Technology

    Golden Star Technology Inc. (GST) got its start selling whitebox PCs at Silicon Valley swap meets in 1984, back when 256 KB of RAM was cutting-edge and the floppy disk was a staple of computing. As the IT industry evolved, so has GST. Today, the Cerritos, Calif.-based GST is a leading IT and AV integrator and reseller, supplying more than 2,000 customers in public sector, hospitality and other industries with IT data center and audio-visual services and solutions.

  • ASC 606 Promises Audit Fee Changes, Disclosure Complexities

    Upcoming changes to ASC 606 could have an impact on audit fees moving forward. At least that’s what about half the attendees at a recent webinar think. In Part 2 of our 4-Part series around Revenue Recognition and preparing for ASC 606, we heard from Prasadh Cadambi, Partner at KPMG and someone that has been living and breathing ASC 606 for over eight years. Cadambi spent two years with the Financial Accounting Standards Board, FASB, specializing on Revenue recognition which led to his experience with ASC 606

  • An Early Cloud ERP Adopter, GHA Technologies Grows Its VAR Business 5x

    Value-added resellers deliver computing equipment, software and services that help organizations improve efficiency and visibility across their operations. VARs need those same capabilities themselves to thrive in a fast-paced and fiercely competitive industry that puts a premium on customer service. GHA Technologies knows that first-hand.