NetSuite Blog

Everything listed under: Services Industry

  • Preparing for 606: Perspectives from KPMG, Nutanix and Quicken

    Leaders from Quicken, Nutanix, and KPMG took to the main stage at Oracle OpenWorld during this year’s SuiteConnect, offering some frontline perspective on upcoming changes to accounting standards. The SuiteConnect event, held this month, did exactly what its name suggests, connect business leaders, innovators, athletes and musicians to discuss today’s trending topics all under one roof. 

  • Axiom, Mulesoft Showcase OpenAir at SuiteConnect

    This year’s Oracle OpenWorld featured the first ever co-located SuiteConnect event, which included a session demonstrating the success NetSuite customers have had with the Professional Services Automation solution, OpenAir. In front of a near-full room we reviewed the footprint of a PSA solution, including its capabilities around Resource Management, Project Accounting, Time and Expense management, Project Management, Business Intelligence and Dashboarding.

  • Determining the Metrics that Matter: Measuring a Professional Services Business

    While the ways in which to measure outcomes in a professional services business controversy have grown significantly in recent years, a basic question still remains, what metrics should be followed and how best to measure them. It can feel like a lot like weight loss, watching calorie intake all week but the number on the scale still shows the same results.

  • TBI Streamlines a Complex Value Chain in Telco Services

    Operating in a complex industry, with an intricate, multi-party value chain, TBI (Telecom Brokerage Inc.), was looking to introduce simplicity and efficiency across their organization. The 26-year-old company looked to streamline internal processes so they could continue to provide a “white glove” approach to their selling partners. To do that, TBI needed to update its own processes across that value chain.

  • Three Tips for Enabling a Strategic PSA and CRM Integration

    Picture this: a sales representative for a software company is attempting to close a large deal, and is in close competition with a major competitor. With licensing costs and functionality tightly locked on the battle card, the rep needs every advantage in winning the potential customer.

  • Breaking Down the Barriers Between Services and Finance

    For software and technology companies, billing and revenue is generally derived from the following elements; perpetual licenses, subscriptions, maintenance (potentially usage and/or hardware) and services. These different elements each have distinct rules to trigger billing and recognize revenue in accordance to local governing regulations. Finance tends to have a good handle on managing the rules and triggers across most elements, albeit some of this work may be managed manually with spreadsheets.

  • SuiteWorld 2017 Services Keynote: Optimizing for Next

    At the SuiteWorld 2017 Services industry keynote, Jason Maynard, NetSuite Senior Vice President of Strategy and Marketing, explains the challenges confronting the services industry, what’s in store and how NetSuite is helping innovative services companies reach their goals, including the SuiteSuccess for services industry solution.

  • 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.