Everything listed under: financials

  • 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.

  • Five Reasons Point Billing Systems Are Failing

    The era of one time, transactional, purchases of products and services is coming to a close. Replacing it is a hyper competitive, customer driven world where products and services are bundled together and paid for continually, provided value continues to be delivered and a competitor hasn’t emerged with a better option at a better price.

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    SuiteWorld 16 in Review: Being Bold, Transforming Industries

    With 8,000 attendees from over 50 countries and 160 breakout sessions, there was an abundance of insight, best practices and inside tips for everyone involved. For those who couldn’t make the event and for those just couldn’t fit everything in, we’ve assembled all the coverage from the NetSuite blog in one location.

  • ‘We Can Bill it’: NetSuite Releases SuiteBilling

    With technology forcing companies in every industry to adopt new business models, NetSuite is giving them the ability to manage product, service and subscription-based models within a single system.NetSuite's new SuiteBilling solution, announced Tuesday at SuiteWorld 2016 in San Jose, Calif. represents the largest investment in man hours NetSuite has ever devoted to a single product, with good reason.

  • Transition from Startup to Fast-Growth to IPO Requires Business Software that Can Keep Pace

    In today's hyper-paced business environment, companies grow lightning-fast. Almost overnight, startups evolve into multinational concerns, inheriting all of the complexities that come with operating globally.This fast track to business performance requires a technology platform...