Archive

  • 5 Trends Driving Change in Transportation and Logistics in 2017

    Globalization and technological advances have brought rapid change to the transportation and logistics sector in recent years and 2017 promises to be no different. Whether businesses are able to adapt and take advantage of those changes is a top priority for companies in the industry. From changes in the modern consumer’s needs and the skyrocketing growth of ecommerce to digitalization of the supply chain, automation technology, and the overall economic shift to the cloud, we see 2017 as being a pivotal year for transportation and logistics companies.

  • Key Trends Impacting Healthcare Organizations in 2017

    The words, “healthcare,” and “expensive,” have long been associated terms. Skyrocketing healthcare costs across the globe have forced the industry to rethink the way it delivers quality and efficient care. Government involvement only further complicates the issues.

  • When is the Right Time to Switch from Rudimentary Accounting Software to Full Fledged Cloud ERP?

    Choosing when to invest in an ERP suite can be a challenge for many organisations with factors including previous investments, growth, new markets or new business models. For Mons Royale, a New Zealand-based apparel manufacturer and wholesaler of high performance merino clothing, international growth turned out to be a compelling reason to move on from an entry-level accounting system.

  • The 5 Biggest Trends in Advertising 2017

    Advertising in 2017 will continue to see the wholesale upheaval that is pressuring agencies to adjust traditional business models and rethink operations. Already, the shift from brand-building traditional advertising to metric-driven digital advertising is in full motion. Agencies are building a talent pool that map to client opportunities.

  • Retail Trends in 2017: The Year of Evolution

    The coming year once again promises challenges and change across the retail sector. Yet, where those previous challenges were often met with technological advances or new approaches to consumer interactions, the best way for retailers to confront the trends of 2017 is with a close evaluation of their foundation. This involves consolidating their core systems and initiating a one-system approach.

  • Best Practices When Evaluating a New Ecommerce Solution

    Most businesses, no matter how big or small, have some type of online presence in today’s digital world. But as the ecommerce landscape continues to change, many companies are realizing their systems running their business have become outdated, and can no longer effectively support their business or customer expectations for consistent and relevant experiences across touchpoints.

  • 5 Trends Impacting Services Delivery in 2017

    As we enter 2017, the term "Service Provider" is becoming harder and harder to define. For the firms in this space, it's not a self-identity crisis, but an exercise in reassessing competition and target markets, forcing them to explore and adopt new business models. They are now not only selling their time, but introducing new streams of revenue by delivering hosted services, hardware and subscriptions.

  • Five Key Trends Nonprofits Must Adapt to in 2017

    With more than 1.8 million nonprofit organizations operating in the United States alone, providing 5.4 percent of the nation’s entire GDP, the nonprofit sector has increasingly proven itself as a key player in today’s business landscape. Similar to the for-profit sector, this strong presence and reach also comes with complexities. 

  • Five Trends Destined to Impact Software Companies in 2017

    Every year brings change to the software industry but with a new administration, amendments to revenue recognition rules and ongoing business model evolution, 2017 promises to be especially challenging. Tech companies will be faced with even more unique challenges including adapting to new accounting standards in preparation for ASC 606, embracing hybrid business models with a myriad of billing options, and meeting the compliance requirements associated with an IPO. While the backdrop for the software industry is quite bright, the challenges associated with sustaining and managing growth have never been more daunting.

  • 5 Key Trends for Manufacturers in 2017

    The manufacturing world is evolving more rapidly than ever before and a bevy of externalities spanning political, global, technological and even demographic are bound to reshape this once static industry. From robotics to analytics to lean manufacturing, the way manufacturers ran in our grandparent’s era is dying out. In times like these, the old adage “if it ain’t broke, don’t fix it” simply does not cut it - to not risk changing is to risk failing. As 2017 begins, we’ve identified the five most important trends we see for manufacturers in 2017.

  • NetSuite Opens Nordic Operations, Expands in Benelux, UK and Ireland

    One key benefit of Oracle’s acquisition of NetSuite is the resources Oracle brings to help NetSuite expand its global capability and reach. Today we’re happy to announce early progress toward that goal.

    In the EMEA region, the overall focus will be on increasing investments and resources for customer success and market expansion in three key areas.

  • Breaking Tradition: 5 Trends Impacting the Financial Services Industry

    Today, nearly every financial activity is being reimagined in some way, from banking, to lending, to wealth management. Tasks and transactions that once involved human interaction and paper money have overwhelmingly moved into the digital world, and new players are emerging to disrupt the traditionally staid industry. The coming year promises only more of the same. In order to compete in this changing landscape, financial services firms are under increased pressure to adapt to these shifts in the industry.

  • 5 Trends Distributors Must Account for in 2017

    Distribution may appear to the untrained eye to be a fairly straightforward industry, but in all reality it is evolving more rapidly than ever before. From increased competition and changing business models to a barrage of new, innovative technologies, the way distributors do business is starkly and fundamentally different than it was even five years ago. In an age with such pronounced structural change and competitive pressures to risk not changing is to risk failing.

  • NetSuite Deepens Vertical Industry Commitment with Software for Apparel, Footwear and Accessory Retailers, Advertising Agencies and Campus Bookstores

    Given the recent acquisition by Oracle, the NetSuite Global Business Unit now has an even greater breadth of resources and greater depth of domain knowledge about the demands of vertical industries and the segments within them. Combining these resources with NetSuite’s 18 years of experience in building a system to run a business from the cloud gives us the opportunity to move quickly to address new industry segments. 

  • Top 10 Most Popular Ecommerce Blogs

    As 2016 comes to a close, it’s essential to look back at what you’ve done over the last year to keep your ecommerce business competitive. What worked? What didn’t? What could you improve next year? For both B2C and B2B ecommerce, we saw a lot of discussion this year around unified commerce and omnichannel customer experiences – just to name a few.

  • NetSuite.org Releases Playbook for Companies to Pair Software Product Donations with Pro Bono Service to Maximize Social Impact

    Taproot Foundation and NetSuite.org, the Corporate Citizenship arm of NetSuite, recently released a playbook for companies to maximize the social impact of their software donation programs by pairing their program with employee-provided pro bono training and support.

  • Getting Started with the Industrial Internet of Things

    Manufacturing is no longer about producing goods as cheaply as possible to meet the demands and price points of retailers. Today’s manufacturers are becoming far more reliant on a new raw material – data. As manufacturers become increasingly dependent on data and telematics to control and manage machinery, there is a need to gather and interpret data. Much of that data comes from sensors, something that manufacturers are all too familiar with.

  • Resource Management is a Fluid Process – Make Sure Your PSA is as Well

    I’ve run at least a hundred or more discoveries over the past few years at NetSuite and learned that the need to gain better visibility into their resources is one of the most common themes for services firms. From utilization tracking, to capacity planning, to finding the right skills for a project, relying on spreadsheets or, even worse, tribal knowledge at weekly meetings can make the process very inefficient.

  • Key Considerations for Simplifying the Complexity of the new Revenue Recognition Rules

    Anyone planning to try and account for revenue recognition (RevRec) under the new accounting standards ASC 605 and ASC 606/IFRS 15 using a spreadsheet, needs to be aware that this is going to introduce more complexity not less. It’s a significant consideration. As finance contends with the new rules, interpretation of the regulatory landscape can be tricky and misstatements can have devastating consequences.

  • NetSuite.org Brings Together Close to 200 Leaders from Nonprofits and Social Enterprises for Social Impact Accelerated Conference

    In November, close to 200 leaders from nonprofits, social enterprises, government and education gathered at the AIM Conference Center in Manila for NetSuite.org’s 2nd annual Social Impact Accelerated Conference.

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