Introduction Running a business means making smart choices about tools. One of the most important tools is your ERP (Enterprise Resource Planning) system. If you’re using QuickBooks with Acctivate or looking at Odoo, it may be time to consider something better. That better solution? NetSuite. 1. QuickBooks + Acctivate vs. NetSuite What You’re Getting with […]
Factories are getting smarter. Machines now have special sensors that can “feel” if something is wrong. These sensors send information to a computer system called an ERP. When everything works together, factories can fix problems before they get big, make more products, and use less energy. Let’s say a machine starts making a funny noise. The […]
Lisa SchwarzLisa Schwarz | Senior Director of Global Product Marketing February 5, 2025 Letters AI on top of internal computer components. AI adoption among small-to-midsize businesses nearly tripled from 2023 to 2024, according to a recent survey from Verizon. This growth signals their increasing comfort with the technology and the growing availability of AI tools […]
The C-Suite Perspective on NetSuite ERP As a CEO or CFO in the wholesale & distribution industry, you know the stakes. Margins are tight, competition is fierce, and the ability to make informed, data-driven decisions can mean the difference between thriving and surviving. Yet, many businesses are held back by outdated systems that deliver fragmented insights, making it challenging to see the full picture. […]
Did you know that manufacturing downtime now costs businesses an astonishing $260,000 per hour on average? This financial burden falls particularly hard on small to mid-sized manufacturers who often lack the cash reserves of larger competitors. Recent industry research shows these costs have increased by nearly 30% in the past five years alone. The impact […]
As the business operations landscape for manufacturers and distributors continues to change at an expedited pace, managing operations across multiple states presents both opportunities and challenges. We’re pleased to share key insights to help you maintain compliance while optimizing your financial operations. Mastering Multi-State Compliance The regulatory landscape across states continues to grow in complexity. […]
Looking to make the finance team more efficient and improve business operations? Today’s enterprise resource planning (ERP) systems integrate and automate essential financial and operational functions and provide a trove of data insights from sources including general ledger (GL), accounts payable, accounts receivable, payroll and financial reporting. Modern ERP systems also help with inventory, order […]
In this article, we’ll cover: · What Are Production Costs? · 24 Ways to Reduce the Cost of Production · Reduce the Costs of Production With NetSuite · Production Cost Reduction FAQs One of the most successful ways that manufacturers can improve their profitability and their business viability is by reducing the cost of […]
Lisa Schwarz | Senior Director of Global Product Marketing @ NetSuite An inevitable consequence of business growth is that companies often quickly add new applications to their IT ecosystems to fuel greater productivity and efficiency — from human resources (HR) systems to new employee collaboration tools. And although these systems can indeed offer significant improvements, […]
In the ever-evolving landscape of finance, maintaining a streamlined Chart of Accounts (COA) is not just an operational necessity; it is a cornerstone of financial clarity and organizational growth. As businesses evolve, their financial frameworks must adapt quickly. An outdated and cluttered COA can obscure the true financial picture, resulting in inefficiencies, inaccuracies and poor […]
