Category Archives: NetSuite
Posted by Barney Beal, Content Director, NetSuite
SuiteWorld17 represents a slew of firsts for the #1 cloud ERP event of the year – the first time in Las Vegas, the first time as a business unit under Oracle and the biggest event yet.
With more than 6,000 people expected to descend on the Sands Expo & Convention Center to attend more than 200 sessions and nine keynote addresses, the challenge is not going to be how to fill the day, but how to fit it all in while still making time to enjoy the sights and sounds of Vegas. This guide offers some suggestions and advice for getting the most out of the event.
Key in on the Keynotes
Executive Vice President Jim McGeever kicks off the conference with the opening keynote on Tuesday, providing vision, strategy and details on NetSuite’s latest innovations. He’ll be followed by Executive Vice President of Development Evan Goldberg’s keynote on Wednesday with a deeper dive and a look at some of the features NetSuite is coming up with next. And this year there are seven industry-specific keynotes spread across the four days with the addition of Fintech and Advertising, Media and Publishing to last year’s slate, giving attendees insights into key trends in their industry and how NetSuite will help address them. Taking center stage throughout are NetSuite’s innovative customers like Ring, Smartsheet, Hortonworks, Blue Microphone, Lucky Brand Jeans, Avant and more. Customers will dominate the SuiteWorld breakout sessions as well, with more than 125 customer presenters.
Come Home Smarter
There are plenty of ways to learn how to get the most out of your NetSuite investment. Besides the more than 200 sessions (broken out by beginner, intermediate and advanced experience levels and by role), there’s a chance to meet with SuiteGurus for 30-minute appointments with experts from Professional Services, demos and best practices on the Expo Stage, and an area specifically for developers to exchange tips and ideas at Devland. Be sure to hit the show floor and see the products and services of the more than 100 partners on display.
Spotlight on Customer Innovation
SuiteWorld presents the opportunity to showcase more than just NetSuite. Some of the most innovative companies in their industry will be showing off what’s next at the event and attendees get a front row seat for those innovations.
- Meet Brian Kelly, travel expert and founder of The Points Guy, to learn how to get the most out of your frequent flier miles and credit card points at 5:30 p.m. on Monday on the Expo stage.
- Learn what goes on behind the scenes at Blue Apron, learning how they put together a different subscription box each day and walk away with a free recipe.
- Learn how 23andMe is helping people learn about their health, traits and ancestry via DNA samples and get a discount on your own test.
- Get a glimpse of what’s next in home décor by visiting the Jonathan Adler lounge.
- Take a break from wandering the show floor and relax in the comfort of a Lovesac in the Lovesac Lounge.
- Look into the future of home security at the Ring home environment and see how far the wifi video doorbell has come.
- Bring all your SuiteWorld schwag home in style after stopping by the Trunki photo booth featuring Trunki’s menagerie of animal-themed suitcases.
Get up and Give Back
SuiteWorld17 again provides an opportunity to support organizations seeking to make the world a better place. Once again, SuiteWorld is hosting the Hackathon 4Good. Set for Monday, this year’s event will challenge teams to create innovative prototypes to help BrightPoint Health, a leading nonprofit provider of integrated health care and social support services to New Yorkers, especially those challenged by poverty, discrimination and lack of access to health care. This year’s event includes NetSuite’s Devland, where members of the NetSuite Product team will be on hand to help and support teams with the creation of their solutions and prototypes.
You can also take a break and do your part by packing activity kits for the Resource Area for Teachers (RAFT) a nonprofit organization dedicated to inspiring, engaging and educating children through the power of hands-on learning. The activity kits you pack will be donated to Bay Area organizations educating children and youth.
Meanwhile, T3 Expo, another NetSuite customer, is working with RAREFORM to reduce waste from conventions and tradeshows by recycling signage into one-of-a-kind bags and accessories and donating them to foster kids. Enter the raffle for a chance to win a commemorative bag made from recycled SuiteWorld17 signage.
Go Shopping and Relax
Stop by the SuiteStore, powered by the SuiteCommerce InStore POS system and get all your NetSuite gear along with items from our customers like ThinkGeek, Found My Animal, RuMe and Poppin. Then unwind on some of the coolest furniture around from Design Within Reach at the SuiteTunes Lounge. Log in to Spotify and subscribe to SuiteTunes.
Be sure to get amped up for the conference at the Welcome Reception from 5-7 p.m. on Monday on the Expo Floor and Rock Out on Wednesday night at the NextFest Gala at the Hard Rock Hotel with the Royal Machines including special guests.
by NetSuite filed under
For fast-growing businesses seeking to capitalize on the power of the cloud and the data stashed across their business, the recent Domopalooza 2017, the annual conference from Domo, a cloud-based analytics software provider, offered some key insights.
Held in downtown Salt Lake City, Utah, just a short drive north of the Domo headquarters in American Fork, Utah, over 3,000 people from more than 1,250 different companies—both start-up and well established—came to the event to discuss the past, present and future of data and business intelligence.
Over 100 businesses that run NetSuite were in attendance, many of whom spoke at the event. As a sponsor of the event, NetSuite shared its perspective on the lessons we’ve learned from being a modern cloud company.
Here are a few of the key takeaways from Domopalooza 2017:
- Every company is a cloud company: As technology continues to develop, modern cloud business solutions are becoming an absolute requirement, instead of a ‘nice to have.’ It is crucial to have the right business tools in place to get to the next level—whether that means securing a round of funding, acquiring another company, or making an exit—companies need the proper infrastructure and the right data to support their plans.
- Embrace hybrid business models: Many companies start with one line of business like a product or a service. Hybrid business models are blurring the lines and companies that blend these models are no longer an exception to the rule, but rather they are becoming the norm.
- Businesses must deliver omnichannel experiences: From the back-end platform to the customer facing website, and everything in between, businesses requires a smooth, harmonious experience to keep customers happy and the company’s data healthy.
- Clean, accessible data a must: Tools that capture and feed data into digestible metrics and reports are a MUST have as the company expands; good data depends on the power of business tools to deliver that data – don’t be left behind.
- Change is the only constant: Customization is not a dirty word when it comes to business software. Every business is unique in one way or another, so flexibility is key for all businesses.
NetSuite allows businesses to be flexible through major growth stages, and gives the entire business a sightline into what’s working vs. what’s not. NetSuite’s user conference, SuiteWorld, is coming up from April 24th-27th and we plan to share more of what we’ve learned about being a modern cloud company. We hope you can join us – click here to register.
by NetSuite filed under
Posted by Sanjay Mehta, Principal Solution Specialist
B2B companies are looking for ways to develop their ecommerce experience to meet the demands and expectations of today’s customer. The B2B buyers of today have become accustomed to buying products through the mature online marketplaces, and as a result, have started to expect more from B2B websites. To meet these expectations, unified commerce should not be looked at as just a function – but an extension of your business. Failing to embrace the unified approach will make it difficult to achieve the experience B2B buyers expect today.
Now’s the time to create a unified commerce mindset that’ll ultimately benefit your customers. Here’s what you need to consider when building your strategy:
- Creating a customer experience that builds loyalty – B2B online purchasing is changing because of a behavioral change in today’s customer. B2B buyers now have less tolerance for an ambiguous and disconnected experience. They will come back to a genuineunified experience that provides quick and easy ordering while having all the leading B2C features.
- With increased competition, B2B must become a revenue stream – Ecommerce can present a massive opportunity for informed manufacturers and distributors. A unified approach ensures that you have the ability to track ROI as well as provide visibility to all business impacts to adapt your commerce strategy and investment accordingly.
- Tackling the marketplace question – Ecommerce marketplaces already have the advantage of having the means to understand their customers and their customer behavior. It’s good to keep in mind that many of these companies already have platforms in place that have been collecting insights on the buying process. Start today to understand how to keep your customers for tomorrow. A unified approach provides a streamlined means to gather this information about your customers.
The first step on the path to unified commerce is having good unified data. Unleashing your ecommerce potential with unified data will be the focus of our session at B2B Online, May 8-10 in Chicago.
I will be joined by Eric McGregor, COO of Tacoma Screw Products who will discuss how his company applied unified data to optimize its ecommerce business. We’ll dive into the common pitfalls and challenges, along with best practices for getting good data from your own internal systems as well as external sources.
B2B Online is a conference specifically for manufacturers and distributors to discuss some of the biggest developments in technology and strategy for digital success. Register with our exclusive promo code B2B17NETSUITE to save 25% on your event pass.
by Mary Joy Contreras filed under
Amid the bright lights and bustling casinos of Las Vegas, developers, customers, partners and NetSuite Global Business Unit employees will come together to use their professional skills for good at the Hackathon 4Good at SuiteWorld.
Set for Monday, April 24, the first day of SuiteWorld, NetSuite’s customer conference, close to 100 participants will spend the day developing innovative prototypes to address the challenges posed by a NetSuite nonprofit customer.
For this year’s Hackathon 4Good, the featured nonprofit customer is Brightpoint Health, a leading nonprofit provider of integrated health care and social support services to New Yorkers, especially those challenged by poverty, discrimination and lack of access to health care. With close to 800 employees and locations throughout the five boroughs, Brightpoint serves 40,000 people annually with high-quality health care.
Brightpoint turned to NetSuite to help streamline its back-office operations, including processing patient transactions, managing the organization’s funding, and closing the books. With NetSuite, Brightpoint is able to close the books faster and has data to help them make informed business decisions.
To kick off the hackathon, Brightpoint will present participants with two exciting challenges. Following presentations, participants will break into teams of 4 to 5 and spend the next 9 hours brainstorming and developing their prototype. New for this year’s hackathon is a partnership with NetSuite’s DEVLAND, where members of the NetSuite Product team will be on hand to help and support teams with the creation of their solutions and prototypes.
At the end of a day, teams get the opportunity to present their idea to a panel of judges. Winning teams receive prizes and bragging rights! This year’s event is completely full, and we’re looking forward to seeing the creative prototypes that participants come up with.
Learn how last year’s Hackathon benefited the Found Animals Foundation.
And see what else is in store for nonprofits at SuiteWorld.
by NetSuite filed under
Over the past year, NetSuite has invested thousands of hours of time and resources into building out our Advertising, Media and Publishing (AMP) vertical. SuiteWorld 2017 is indicative of that trend, and this year we will have our first ever dedicated industry keynote.
Aside from the industry specific keynotes, we have 175+ sessions over the three days, allowing each attendee to create their own SuiteWorld experience. You will hear from NetSuite leaders, customers and partners discussing a wide array of topics from growing your start-up to taking your company public. There will be specific sessions on growing your professional services organization, taking advantage of OneWorld to manage your acquisitions, and how to use developer tools to customize your platform.
SuiteWorld is an opportunity to learn about trends in your industry, network with likeminded individuals and plan for your businesses next move. The theme for the event this year is, “Next Starts Now,” because we want to encourage our attendees to prepare for what’s coming next in today’s economy. As we prepare ourselves for the conference in a few weeks, here are four things to expect:
Advertising, Media & Publishing First Ever Industry Keynote
This is a special year for NetSuite’s AMP vertical; we will have our first ever industry specific keynote entitled, “Platform Powers Next: A Dynamic Creative Industry.” The keynote will focus on technology as a catalyst in the creative industries, how to achieve brand relevance and authenticity, and the keys to executing at a global scale while preserving best-in-class teams.
The Points Guy
You may have seen Brian Kelly pop up on your Facebook, Twitter or Instagram recently; these days, Brian is better known by his trade name ‘The Points Guy,’ and he is an expert in optimizing credit card, hotel and travel rewards. He will be in the expo hall doing a Q&A during the welcome reception, so make sure to stop by for some great advice.
On Wednesday, April 26th, attend the Advertising, Media & Publishing Birds-of-a-Feather lunch to discuss technical challenges with NetSuite product experts and industry peers. Each table will have a topic of interest; participation is on a first-come, first-serve basis, and other topics include Financial Planning, OneWorld and OpenAir.
Professional Services Automation
As technology continues to evolve, it is becoming imperative to tie your people into your back-end business processes. NetSuite is your partner in finance and professional services automation. Our OpenAir product continues to evolve for services based businesses, while SRP (Services Resource Planning) continues to develop as the leading product for hybrid business models. At SuiteWorld, you can learn how to better manage your people & your finances together, all on NetSuite’s unified platform.
by NetSuite filed under
It seems like every day something new is impacting the software industry. Whether it be new technology, new rules or new business models, it’s clear that the industry needs to understand what is coming next and how best to prepare. To meet that goal, this year’s SuiteWorld event in Las Vegas will specifically address all the new and next features that software companies can expect.
SuiteWorld has always had a very strong presence of software and tech companies given the strong relationship NetSuite has with the technology community and this year will be no different. The industry keynote, “Get to Next: What’s Coming for Software” will feature some of our incredible technology customers discussing how they navigated to the next stage of growth in their business. Nutanix will discuss their IPO and growth success, iCharts will discuss their successful move to SuiteSuccess and HortonWorks will walk us through the adoption of new regulatory standard, ASC 606.
In addition to highlighting some of the latest and greatest in areas like 606 and billing, we are lucky to be joined by Ron Gill, NetSuite’s former CFO, to talk about the upcoming changes bound to hit software companies as well as Prasadh Cadambi, Partner KPMG, on the new ASC 606 regulation. Cadambi, recently conducted a webinar discussing ASC 606 from an auditor’s perspective.
Aside from the keynote, SuiteWorld will feature the largest amount of sessions focused on finance leaders covering topics like multi-book, billing and revenue recognition specifically geared to software and technology companies. You will hear from NetSuite thought leaders and customers sharing real-life experiences, considerations and best practices to ease the transition to ASC 606.
This is a do not miss event for the technology industry, find more information at www.netsuitesuiteworld.com.
by NetSuite filed under
Netherlands-Based Marketing Software Company Goes Live on NetSuite OneWorld in Just Two Months
LONDON—April 11, 2017—Oracle NetSuite Global Business Unit, one of the industry’s leading providers of cloud financials / ERP and omnichannel commerce software suites and a wholly-owned subsidiary of Oracle, today announced that Bynder, a Dutch provider of marketing software, has implemented NetSuite OneWorld in just two months to support its rapid growth across the globe. Now, Bynder is running NetSuite to manage mission critical business processes including financials, reporting and global financial consolidation for seven subsidiaries spread across Dubai, Barcelona, London, Boston, Amsterdam and Rotterdam and multi-currency transactions for 20 currencies. With NetSuite OneWorld, Bynder is able to expand rapidly into new countries and get real-time, up-to-the minute data to manage mission critical business processes.
Founded in Amsterdam in 2013, Bynder underwent rapid growth as demand surged for its software that maintains brand consistency through collaborative portals that allow brand managers and marketers to produce, review and approve new marketing collateral, and circulate company content at the click of a button. It now counts more than 350 customers globally including KLM Royal Dutch Airlines, Logitech and AkzoNobel. Seeking a purely cloud-based financial system, Bynder quickly determined NetSuite OneWorld was the only solution that could meet its needs.
Selected in late 2015, Bynder was live on NetSuite OneWorld with a rapid two-month implementation. With support for 190 currencies, 20 languages, and automated tax compliance in over 100 countries, NetSuite OneWorld provides Bynder with:
- Better business forecasting. Real-time data enables Bynder to pinpoint business opportunities.
- A flexible and powerful platform. NetSuite’s powerful SuiteCloud development platform enables Bynder to add custom fields and build customized templates for legacy customers with complex contracts, while allowing front line workers to quickly and easily adapt to changes as the business evolves.
- Sophisticated financial automation. Despite growing over 300 percent since it implemented NetSuite OneWorld and bringing its finance in house, Bynder has been able to keep finance staff to just six personnel, while automation allows the company to bill customers automatically in the appropriate currency.
- Significant savings in IT costs and complexity. NetSuite’s proven, secure cloud solution eliminates the hassles of managing, maintaining and upgrading business applications, while allowing the company to quickly and easily set up new subsidiaries as it grows.
- Built-in business intelligence. Bynder now has real-time access to its business performance for better decision making, and advanced reporting lets Bynder provide detailed financial reports to investors with the click of a button.
“NetSuite is a robust ERP platform you can set up easily and quickly,” said Tim Lorijn, Bynder Controller. “As long as you’re open to new developments, you can keep improving, customising and automating as much as you want. NetSuite is an enabler, not an impediment to growth.”
Learn about NetSuite’s customer and partner success at SuiteWorld17. SuiteWorld17 is one of the industry’s leading Cloud ERP conferences, being held at the Sands Expo & Convention Center in Las Vegas, Nev. on April 24-27. For more information and to register, please visit www.netsuitesuiteworld.com.
Bynder is award-winning digital asset management software that allows brands to easily create, find and use content, such as documents, graphics and videos. More than 150,000 brand managers, marketers and creatives use Bynder’s brand portals every day to collaborate globally, produce, review and approve new marketing collateral, and circulate company content at the click of a button. Brands using Bynder go to market faster and achieve end-to-end brand consistency across all channels and regions, with simplified collaboration across the organization.
Bynder delivers the most advanced branding automation solution, empowering over 350 companies globally including KLM Royal Dutch Airlines, innocent drinks and PUMA.
Founded in 2013 by CEO Chris Hall, Bynder is established globally with headquarters in Amsterdam and offices across the Netherlands, UK, US, Spain and UAE.
About Oracle NetSuite Global Business Unit
Oracle NetSuite Global Business Unit, a wholly-owned subsidiary of Oracle, pioneered the Cloud Computing revolution in 1998, establishing the world’s first company dedicated to delivering business applications over the Internet. Today, Oracle NetSuite Global Business Unit provides a suite of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software that runs the business of companies in more than 100 countries. For more information, please visit www.netsuite.com.
Oracle offers a comprehensive and fully integrated stack of cloud applications and platform services. For more information about Oracle (NYSE:ORCL), visit www.oracle.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Companies that sell time or any combination of services and products are constantly confronted with questions around their business model and how they self-identify. How these companies market themselves and how they craft their offering may be in flux, but there is one certainty. No matter which direction you commit to or pivot from, operational efficiency is absolutely an imperative. Plans will never move forward if there is not a literal and figurative platform to manage operations.
As many know, NetSuite allows services companies to streamline operations across all functional areas, improving visibility and ensuring compliance on a global scale. At SuiteWorld this year, we are thrilled to “serve services” and showcase our commitment to the space. Among countless things to look forward to, here are five areas of particular interest:
New Specialties, New Keynotes
It’s no secret that there are many subsets of business types in our services vertical at NetSuite, but we are becoming more and more vertically specialized every year. In fact, our Advertising, Media and Publishing customer base (AMP) and the financial services contingency have outgrown the services keynote and paved their way into two new ones. That’s right, in addition to the services keynote, 2017 will be the inaugural year for keynote addresses in AMP and Financial Services.
NetSuite, The Global Professional Services Provider
By now, many people are familiar with who NetSuite is as the global leader of cloud ERP. However, few people probably see or realize the breadth of our company as a professional service provider. NetSuite’s services organization comprised of over 1,500 consultants with 1,000,000+ hours of services delivered in 2016. This year, Heather Miller, VP of Professional Services will present on how NetSuite as an organization uses NetSuite as a product. The Services Keynote will take place on Wednesday April 26th at 1:30 p.m.
Open Road for OpenAir
We are also pleased to announce a dedicated track for OpenAir this year. In addition to the Project Manager/Consultant breakout sessions for service oriented attendees, we will have 11 product focused sessions on OpenAir. Outside of these two tracks, we will be hosting more than 150 other sessions over three days in different functional areas of NetSuite users such as development, finance, operations, and more.
During the Services keynote, we look forward to hosting Chris Lochhead, co-founder of Play Bigger, a management consulting firm that has pioneered a new marketing discipline around positioning and “category design.” We look forward to Chris breaking down the aforementioned marketing dilemma that many of us in the services industry face.
Humanizing People Management
Managing people as both resources and as employees will be a focus during SuiteWorld 2017. Among other customers that we will feature on stage during the Services Keynote, we will host Mark Baldwin, SVP of Administration and General Counsel at DSI Global. He will discuss DSI’s experience as a NetSuite customer from the point of view as an embedded services organization running SRP. He also has much to share around how DSI has been managing their human resource department.
by NetSuite filed under
It is no secret that nonprofit business models are constantly changing. While the innovation is exciting, it’s also causing sector complexities to grow like weeds. The nonprofits that thrive are embracing this next wave of change, instead of shying away.
Due to the agility of its software – NetSuite’s nonprofit customer base is growing exponentially, thus (to no surprise) pushing an increased industry presence at our upcoming user conference, SuiteWorld. SuiteWorld gives customers the unique opportunity to network with each other and truly tap into the power of the NetSuite nonprofit ecosystem – and this year’s conference will provide nonprofit organizations with more content targeted toward their specific needs than ever before.
A true pillar of the week’s activities is the Nonprofit Industry Keynote: “The Next Nirvana: Accelerate Your Nonprofit Mission.” Being that this year marks only our 2nd Nonprofit Keynote in SuiteWorld history, there are big shoes to fill from last year’s presentation featuring Found Animals and Helen Keller International.
Lucky for us (and more importantly, you) our dedicated industry team works tirelessly on product development for our customers – giving us exciting announcements to make around leading practices and functionality. During the keynote, representatives from Brightpoint Health and Rise Against Hunger will join David Geilhufe, Senior Director NetSuite Corporate Citizenship and other members of our nonprofit team on stage to discuss the trends in the sector, and how NetSuite acts as a partner to address challenges and fuel nonprofits to further their mission and reach.
In addition to the keynote, there will be numerous sessions of particular value to nonprofit attendees. These include:
This year’s conference features over 175 sessions from which you will be able to create your own, unique schedule catered to both needs and interests alike. These sessions include speakers from a combination of NetSuite leaders, and customers to share their real-life experiences with NetSuite.
Aside from these educational opportunities, the nonprofit team is also offering the chance to help a few customers build momentum for their causes at SuiteWorld.
For instance, this year’s conference will feature our 4th annual Hackathon 4Good. This event brings together close to 100 developers, customers, partners and employees to team up and develop innovative prototypes to address the challenges posed by our charity partner, Brightpoint Health. At the end of the day, teams will have the opportunity to present their idea to a panel of judges. Winning teams receive prizes and bragging rights!
All attendees will also have the opportunity to participate in a volunteer activity with Resource Area for Teachers (RAFT), a NetSuite nonprofit partner dedicated to inspiring, engaging and educating children through the power of hands-on learning. Volunteers will take a short break from their busy conference schedule to pack activity kits that will be donated to Bay Area organizations educating children and youth.
The nonprofit vertical holds a unique position at NetSuite, and we pride ourselves on using this event to bring organizations of all kinds together to network, share knowledge and make an impact together. Learn more about SuiteWorld2017 here: http://www.netsuitesuiteworld.com/. We look forward to seeing you there!
by NetSuite filed under
NetSuite has been in the business of cloud ERP for nearly 20 years – from our beginnings as a startup above a small hair salon, to taking the company public and being acquired, NetSuite has seen plenty of change over with growth and innovation as the main constants. While some companies may have become complacent over those 20 years, NetSuite instead continues to throttle forward.
At this year’s SuiteWorld conference, we are offering more content than ever before to address the specific challenges and opportunities that the manufacturing and distribution industries face to help take businesses to the next level. Between our industry-specific keynote, executive meeting opportunities, demonstrations and hundreds of expert-led breakout sessions, we have the tools and ERP specialists you need to get your business on track for your most successful year yet.
To start off SuiteWorld 2017 right, join us at 1:15 p.m. on Tuesday for the manufacturing and distribution keynote featuring key industry leaders from Constellation Research and NetSuite experts as well as NetSuite customers Blue Microphones, RST Brands, Precision Disposables, and GT Golf Supplies. During this year’s manufacturing and distribution keynote titled “Full Speed to Next: The Future for Product Companies” you will learn about…
Join us for the Manufacturing and Distribution Industry Keynote on Tuesday, April 25th at 1:15 p.m., chat with experts at the Manufacturing and Distribution Birds of a Feather Luncheon on Wednesday, April 26th at 12:00 p.m., and create a breakout session schedule that fits your business interests to hear more on these key trends affecting other manufacturing and distribution companies, see how businesses are capitalizing on them, and learn how NetSuite customers are capitalizing on these trends to take control of their own success.
Register now for SuiteWorld 2017 to take getting ahead and staying into your own hands.
by NetSuite filed under