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Tag Archives: Growth

Webinar: Turning Co-op Incentive Funds into Business Growth

August 19, 2020   CRM News and Info
Webinar turning2 1 Webinar: Turning Co op Incentive Funds into Business Growth

Knowing how and where to utilize incentive funds to fuel your growth strategy can be challenging on its own, yet the tracking and deploying of those funds successfully can take even more time and resources. 

Work 365, the customer engagement application built on Dynamics that delivers subscription management and billing automation solutions, can now be purchased through Microsoft co-op incentive funds. 

In this webinar, Ismail Nalwala, CEO of Work 365, will discuss the following topics:  

  • How Work 365 helps you claim your co-op incentives. 
  • How to track and grow incentives with Work 365 implementation. 
  • Best practices for unlocking new recurring revenue opportunities through Work 365. 

This webinar will take place at 11:00am EST on August 20th, 2020. Reserve your spot HERE. 

We hope you can join us!

Work 365 offers a Billing and Subscription application that helps cloud companies archive the necessary requirements and processes to grow your revenue.

I am a Dynamics 365 enthusiast. I enjoy building systems and working with cross-functional teams to solve problems and build processes from lead generation to cash collection. Work 365 is a global developer of the Billing Automation and subscription application for Dynamics. Helping companies to streamline business processes and scale their recurring revenue.

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Happier Employees Drive Your Organization’s Success & Growth

July 24, 2020   CRM News and Info

The Key to Successful Organizations: Measuring and Increasing Employee Work Happiness

Jeff Sutherland, the author of SCRUM: The Art of Doing Twice the Work in Half the Time, says, “Happy people aren’t happy because they are successful; they’re successful because they are happy. Happiness is a predictive measure.” If you’ve read his book, you’re familiar with the idea that even a slight increase in happiness can deliver a big impact, both professionally and personally.

The pitfall of most organizations is failing to consider how employee happiness affects the workplace. While 2020 has been a difficult year for most companies with rising unemployment rates, layoffs and pay cuts, we would argue that now is the time to invest in a better, happier future for your employees. As many organizations are forced to rework the way they operate—i.e., shifting to remote workforces—the door has already been opened for change. Growth is often prompted by change and opposition, and our experience has taught us that authentic, long-lasting happiness comes through growth, leaning and progress.

 

Employee Work Happiness for the Win

Employers are at the helm of their company culture, so why not enable your employees to thrive and be happy in the workplace? In order to do this, it’s important to establish an employee work happiness baseline and measure improvement going forward.

AKA has fostered the SCRUM methodology within our organization and it has made a huge difference in our success and overall employee satisfaction. Does focusing on your employees’ work happiness sound like the best next step for your company? Here are 3 ways to get started with establishing an employee happiness baseline:

Individual Reviews

Many companies have annual reviews in place, but the way you go about these is key. Do you just offer a check-box style form that employees fill out annually or quarterly? Or, do you really take the time to talk with each of your employees about what they did well since the last review and where they could be better going forward? Employees can tell when you really invest in and care about their success within your company. Talking about career progress and taking the time to show you care as an organization and management team can really impact employee workplace happiness.

If you don’t already have employee reviews in place, start with a simple set of questions to determine employee happiness levels, expectations and details about their roles and positions within your company.

Company Surveys

Another way to get honest, constructive feedback about your organization is to initiate anonymous surveys across your organization. We are fans of anonymous surveys because they really give employees the chance to be open and provide feedback that they may not otherwise feel comfortable providing (more on this to come…). Form your questions around how employees are feeling, how they think your organization is doing and identifying which areas employees think you can improve.

Company Policies and Culture

Circling back to the part about employees feeling comfortable to give honest feedback—a safe environment enables employees to be honest and open. Employees who feel like they aren’t able to start a conversation about concerns they have, their work, their role within the company or their position aren’t happy employees. Not to mention, how can you expect employees to deliver their best work when they are afraid?

Implementing these three measures will pave the way to improving your organization’s success and your employee happiness levels. The desire of employees to engage, commit and strive to be successful will follow the improvements they see within your organization.

Employees Play a Role in Their Work Happiness, Too

 

Sure, you have an important part in fostering employee workplace happiness within your organization—but so do employees. As an employee, you can’t wait for your company to do everything; you need to understand it just as important for you to be proactive in working toward your happiness. How? Here are some things you, as an employee, can do to work toward both personal and professional happiness:

Important factors outside of the workplace for your overall workplace happiness:

  • Eating a well-rounded diet
  • Staying hydrated with water, not just caffeinated or sugary beverages
  • Move your body
  • Get the right amount of sleep to feel well rested, healthy and happy
  • Establish work/life boundaries—a balanced life is important

Important career-related factors for your overall work happiness:

  • Set goals: Goals need to be specific, measurable and meaningful. This can include new certifications, growing your skill sets and more.
  • Continue to learn: Ask questions and expand your knowledge
  • Take initiative to make changes to company policies by proposing improvement plans
  • Identify the tasks you really enjoy at work and find ways to do more of these tasks
  • Communicate realistic expectations to your managers and converse about what it will take to achieve specific changes

It may come as a surprise, but changes to the amount of money you make (watch this video) and your official title won’t necessarily make you happier in your career—or at least may not do so long-term (think: the Hedonic Treadmill).

AKA’s culture focuses on employee work happiness, and so can yours. Check out the available careers at AKA if you’re searching for an organization that cares about YOU.


ABOUT AKA ENTERPRISE SOLUTIONS
AKA specializes in making it easier to do business, simplifying processes and reducing risks. With agility, expertise, and original industry solutions, we embrace projects other technology firms avoid—regardless of their complexity. As a true strategic partner, we help organizations slay the dragons that are keeping them from innovating their way to greatness. Call us at 212-502-3900!


Article by: Matthew Case and Adolfo Ramirez | 212-502-3900

Matthew Case has worked with CRM for 9 years, specializing in CRM architecture, interface design, user adoption, and change management. As AKA’s Media Practice Lead for more than a decade, Adolfo has a history of successful CRM and ERP projects across Media and other industries.

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Growth Innovations from Some of Australia’s Most Successful Businesses

February 26, 2020   NetSuite
gettyimages 1028278130%20(1) Growth Innovations from Some of Australia’s Most Successful Businesses

Posted by Jason Toshack, General Manager ANZ at Oracle NetSuite

We’ve all heard founders refer to their business as their ‘baby,’ and there really are similarities between raising children and growing a business.

For one – any decisions or actions made during the formative years could have an outsized impact on long-term success.

So what did successful businesses do in the early years that allowed them to scale to greater heights today? NetSuite spoke with 14 fast-growing businesses and franchises that have expanded or continue to expand across Australia and the world and uncovered several eye-opening insights along the way.

These insights have been distilled into three broad categories: Purpose, People and Processes. Beyond just profits, the businesses we spoke to paid special attention to at least one or two of these categories early on, gradually building them into the foundation supporting their growth and expansion.

Ambitious businesses should consider how they can incorporate these insights into their operations – if they haven’t already – to further fuel growth for years to come.

Purpose is Crucial to Driving Growth
While profitability is the underlying motivator for most businesses, it shouldn’t be the only reason they exist. Growth-minded businesses hold a very clear sense of purpose: this purpose drives everything from business values to product development, to interaction with customers. Clothing manufacturer Mons Royale is a prime example. Its founder, Hamish Acland, ensures that the business consistently uses the most durable material and designs for its adventure sports offerings – a conviction he holds from his years as a professional skier. Aligning this vision to a purpose provides Mons Royale with a clear direction and objective.

To support their purpose, successful businesses also emphasise the need to establish core values and principles from the get-go. These values or principles commonly centre around collective beliefs, ethical business practices or methodologies. Well-defined values don’t just resonate well with customers – who are increasingly choosing to buy from those that share their beliefs – it also helps keep the business together as it undergoes the pressures of growth or expansion. It fosters loyalty and relevance, not just with customers, but also with employees, whom Acland states are “engaged and stoked to come to work.”

People Will Sustain Your Momentum
Without the buy-in from its people, a business may struggle to survive. Employees ultimately service customers and propel the business. It’s no surprise then, that our growth-minded businesses place tremendous trust and confidence in their people. It helps, of course, if they give employees the in-depth data and visibility required to form and justify their decisions. This ultimately frees the headspace of founders and entrepreneurs, allowing them to focus on higher-value activities.

This approach also means that successful businesses are careful in their hiring. Founders stress the importance of hiring individuals that aren’t just proficient and skilful, but can also click with the core values of the business. As they grow, all businesses realise that they need to streamline time-consuming hiring processes so that interviewers have the right HR data to vet, match and evaluate potential employees. Doing so also allows the business to focus on retaining quality candidates with the right character and skills, such as candidates that are “problem-solvers, open-minded and ready to try new things,” according to Brett Ketelbey from online wine merchant, Different Drop.

Processes Keep Growth Afloat
Besides hiring, these businesses also make sure that they adopt other business-critical systems and processes early on. Establishing efficient processes on cloud-based ERP solutions like NetSuite allowed ELMO, an integrated cloud HR, payroll, rostering and time and attendance solution, to optimise accounting from the get-go, while Poolwerx, a pool maintenance and supplier franchise business, has been able to maintain visibility of more than 575 service vans and 160 retail stores over 355 territories across Australia, New Zealand and America.

Kicking off with the right processes in place early has given most successful businesses greater agility and flexibility, as their employees can easily obtain data for immediate decision making.

Having tried and tested processes in place also allows businesses to better dictate the velocity and cadence of their growth. Businesses like Speedmaster, which sells, assembles and manufactures high performance engine parts, managed to expand its core businesses to also build custom vehicles.

Other businesses, like Canva, a simplified graphic-design tool website, took the opportunity to adopt a sustainable growth plan that has boosted collaboration and productivity across the business. Several other businesses, like juice brand Emma & Toms, tap into NetSuite solutions to enable more fluid product development, while others use collected data to perform ‘alignment checks’ every six months to ensure their business remains aligned with their purpose.

The path to achieving business goals doesn’t just lie in profitability; more than ever, less intuitive factors like purpose, people and processes have come into play. With the right mindset – and the right technological solutions – businesses will be in a good position to address the factors most relevant to them, paving the way to sustainable growth, quality offerings and happier customers.


Access all six curated insights from NetSuite’s interview of Australia’s 14 most successful businesses and franchises by downloading the 
whitepaper Fundamental Paths To Success. 

Posted on Tue, February 25, 2020
by NetSuite filed under

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New Year, New Growth Hacks for NetSuite ANZ Customers

February 18, 2020   NetSuite

It might be a new decade, but one thing that’s definitely not new is that our customers, regardless of size or industry, are constantly looking for ways to unlock growth.

And as 2020 kicks into full gear, it’s only fitting that we deliver new capabilities with NetSuite to help ANZ organisations take their business to the next level. The new SuiteSuccess additions we are introducing today give ANZ organisations access to years of industry leading practices. So how exactly does that work?

SuiteSuccess is a pre-configured industry cloud solution that is built on knowledge we have acquired working with more than 19,000 organisations and 1,000 partners over the last 20+ years. Or put another way, SuiteSuccess provides a powerful blueprint for growth that organisations can quickly take advantage of to unlock their potential.

And to top it all off, with pre-built KPIs and dashboards, SuiteSuccess helps organisations achieve the benefits of the cloud in as little as 45 days. In ANZ, our customers have embraced SuiteSuccess and are already seeing the benefits.

The latest innovations within the NetSuite platform include new SuiteSuccess financial management capabilities that are designed to help organisations in ANZ increase business efficiency, adapt to change and achieve faster time to value. Here’s what’s new in SuiteSuccess for our ANZ customers:

  • Inventory Management: A new pre-configured solution that helps organisations improve the accuracy and traceability of inventory management with lot and serial tracking, pick, pack and ship, and bin management features.
  • Work Orders & Assemblies: A new industry-specific solution that helps wholesale distributors and retailers gain greater control of their operations with new assembly item record, work order processing, and inventory features.
  • Project Management: A new pre-configured module allows professional service organisations to keep track of internal projects by taking advantage of project record management, task assignment, work calendar project billing and reporting capabilities.
  • Revenue Management: A new pre-configured solution help customers achieve real-time visibility into their financial status by streamlining revenue recognition and management.
  • Fixed Asset Management: A new fixed asset calculation engine with standard and custom depreciation methods gives customers access to a single source of truth for assets.
  • Demand Planning: A new pre-configured demand management solution helps customer gain greater control of inventory planning.
  • Financial Management: A new pre-configured role and dashboard solution helps customers automate financial processes, reduce costs, manage multiple budgets and improve reporting, accounting and allocation.

The latest innovations within the NetSuite platform include new SuiteSuccess vertical industry cloud solutions and financial management capabilities that are designed to help organisations in ANZ increase business efficiency, adapt to change and achieve faster time to value.

If you would like to learn more about the latest ANZ additions to SuiteSuccess, visit https://www.netsuite.com.au/portal/au/products/suitesuccess.shtml

About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 19,000 customers in 203 countries and dependent territories.

For more information, please visit https://www.netsuite.com.

Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

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Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

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Organizations across the Middle East unlock growth with cloud company Oracle NetSuite

January 15, 2020   NetSuite

Organizations across the Middle East are increasingly selecting Oracle NetSuite to unlock growth and take their businesses to the next level. With NetSuite, organizations operating in the region, such as Property Finder Group, Al Jabr Holding and the International Cricket Council Limited, can take advantage of an integrated business platform in the cloud to gain the visibility and control needed to navigate change, meet regulatory requirements, and accelerate growth.

“There’s a significant culture of entrepreneurialism and innovation across the Middle East region, and this presents a huge opportunity for business growth,” said Nicky Tozer, VP of EMEA, Oracle NetSuite. “In the last year alone, we have seen more and more organizations that are operating in this region rethink their traditional business systems as they seek to increase operational efficiency and unlock new growth opportunities. At NetSuite, we are committed to helping organizations across the Middle East take advantage of the cloud to elevate their business to the next level.”

Property Finder Group selects NetSuite to support growth targets

Property Finder Group is the leading real estate digital platform, providing a convenient rental and sale marketplace for residential and commercial properties in the Middle East and North Africa. With over six million monthly visits across its platforms, and a growing ecosystem of users throughout the UAE, Saudi Arabia, Egypt, Turkey, Qatar, Bahrain, Lebanon, and Morocco, Property Finder needed a cloud-based platform to efficiently manage its multinational and multi-subsidiary operations.

“Our mission is to provide the most convenient house hunting and real estate journey for millions of users across multiple countries,” said Anas Qudah, Group Enterprise Systems Controller, Property Finder. “As we grew, we needed to improve our revenue recognition and ability to operate across borders. NetSuite gives us the flexibility to act local but be global, gives a real-time view into our business, and ultimately improves the experience for our customers.”

Al Jabr brings in NetSuite to unlock portfolio growth

Founded in 1952, Al Jabr Holding Co. is a Saudi-based conglomerate with a broad investment portfolio across sectors including automotive, car rental, laundry, investment and real estate, financing and construction, contracting and manufacturing, and is the national dealer for KIA MOTORS in Saudi Arabia. To supports its mission to deliver products and services of unmatched quality across its portfolio, Al Jabr needed greater visibility into financial and operational performance across its business.

“Al Jabr stands for quality, and maintaining such high standards across a diverse portfolio requires clarity and vision as we pursue ambitious economic, social, and environmental objectives,” said Ihab Hawari, CIO, Al Jabr Group. “NetSuite has given us a deep understanding of our performance across our range of business interests. This is helping us forward-plan, explore new growth opportunities and contributing to our digital transformation efforts which will help us better engage with our customers.”

NetSuite helps the ICC lay the foundation for cricket growth

The International Cricket Council Limited (ICC) is the international body that governs the sport of cricket. Representing 105 member organizations across the globe, the ICC plays an integral role in the global growth of cricket. To help support its plans for the expansion of the game and successfully manage ICC Events, the ICC needs an integrated business platform to capture insights into commercial performance and enhance decision-making. With NetSuite, the ICC will benefit from greater visibility into its financial operations in its drive towards delivering more competitive, entertaining, and meaningful cricket for players and fans.

UFC GYM strengthens its operations

UFC GYM is the first major brand extension of the Ultimate Fighting Championship (UFC®). With an aggressive franchise growth strategy across the Middle East and North Africa and existing clubs in the UAE, Oman, Bahrain, Egypt and with new fitness facilities opening in Kuwait and Saudi Arabia, UFC GYM needed to consolidate its operations and streamline its financial and statutory reporting.

“Our success is driven by providing world-class mixed martial arts and functional training to our members which we have mastered. Providing real-time reporting to our management team is just as essential to run an exceptional operation and to achieve our growth strategy,” said Ibrahim Mohamed, CFO, UFC GYM ME. “NetSuite allows us to manage multiple subsidiaries and business units on one platform, comply with local and international standards and ensure that our required reporting obligations are being met”.

MELiUS grows with NetSuite

Dubai-based MELiUS provides an e-learning resource to help business owners take advantage of new technologies such as blockchain and artificial intelligence, as well as delivering commercial insights and research to help clients make more informed decisions. To support increasing demand for the MELiUS interactive learning space, MELiUS needed to replace its previous finance system, which was unintuitive and unable to deliver detailed performance reports.

“Our mission is to deliver targeted information that helps business owners reach their objectives,” said Moyn Islam, co-founder and CEO, MELiUS. “NetSuite is a perfect choice for a growing company like ours. It has allowed us to track our growth and better understand how, when, and where to expand. Our efficiency has increased exponentially since using NetSuite, and we have far greater visibility into our performance, which is important as we embark on new projects to help even more business owners.”

About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 19,000 customers in 203 countries and dependent territories.

For more information, please visit https://www.netsuite.com.

Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

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The growth of cognitive search in the enterprise, and why it matters

December 15, 2019   Big Data
 The growth of cognitive search in the enterprise, and why it matters

Enterprises typically have countless data buckets to wrangle (upwards of 93% say they’re storing data in more than one place), and some of those buckets invariably become underused or forgotten. A Forrester survey found that between 60% and 73% of all data within corporations is never analyzed for insights or larger trends, while a separate Veritas report found that 52% of all information stored by organizations is of unknown value. The opportunity cost of this unused data is substantial — the Veritas report pegs it as a cumulative $ 3.3 trillion by the year 2020, if the current trend holds.

That’s perhaps why this year saw renewed interest from the corporate sector in AI-powered software-as-a-service (SaaS) products that ingest, understand, organize, and query digital content from multiple sources. “Keyword-based enterprise search engines of the past are obsolete. Cognitive search is the new generation of enterprise search that uses [AI] to return results that are more relevant to the user or embedded in an application issuing the search query,” wrote Forrester analysts Mike Gualtieri, Srividya Sridharan, and Emily Miller in a comprehensive survey of the industry published in 2017.

Emerging products

Microsoft kicked the segment into overdrive in early November by launching Project Cortex, a service that taps AI to automatically classify and analyze an organization’s documents, conversations, meetings, and videos. It’s in some ways a direct response to Google Cloud Search, which launched July 2018. Like Project Cortex, Cloud Search pulls in data from a range of third-party products and services running both on-premises and in the cloud, relying on machine learning to deliver query suggestions and surface the most relevant results. Not to be outdone, Amazon last week unveiled AWS Kendra, which taps a library of connectors to unify data sources, including file systems, websites, Box, DropBox, Salesforce, SharePoint, relational databases, and more.

Of course, Google, Amazon, and Microsoft aren’t the only cognitive search vendors on the block. There’s IBM, which offers a data indexing and query processing service dubbed Watson Explorer, and Coveo, which uses AI to learn users’ behaviors and return results that are most relevant to them. Hewlett-Packard Enterprise’s IDOL platform supports analytics for speech, images, and video, in addition to unstructured text. And both Lucidworks and Squirro leverage open source projects like Apache Solr and Elasticsearch to make sense of disparate data sets.

The cognitive search market is exploding — it’s anticipated to be worth $ 15.28 billion by 2023, up from $ 2.59 billion in 2018, according to Markets and Markets — and it coincides with an upswing in the adoption of AI and machine learning in the enterprise. But it’s perhaps more directly attributable to the wealth of telemetry afforded by modern corporate digital environments.

AI under the hood

AI models like those at the heart of AWS Kendra, Project Cortex, and Cloud Search learn from signals, or behavioral data derived from various inputs. These come from the web pages that employees visit or the videos they watch online, or their online chats with support agents and public databases of support tickets. That’s not to mention detailed information about users, including job titles, locations, departments, coworkers, and potentially all of the documents, emails, and other correspondences they author.

Each signal informs an AI system’s decision-making such that it self-improves practically continuously, automatically learning how various resources are relevant to each person and ranking those resources accordingly. Plus, because enterprises have far fewer data sources to contend with than, say, a web search engine, the models are less expensive and computationally time-consuming to train.

The other piece of the puzzle is natural language processing (NLP), which enables platforms like AWS Kendra to understand not only the document minutiae, but the search queries that employees across an organization might pose — like “How do I invest in our company’s 401k?” versus “What are the best options for my 401k plan?”

Not every platform is equally capable in this regard, but most incorporate emerging techniques in NLP, as well as the adjacent field of natural language search (NLS). NLS is a specialized application of AI and statistical reasoning that creates a “word mesh” from free-flowing text, akin to a knowledge graph, to connect similar concepts that are related to larger ideas. NLS systems understand context in this way, meaning they’ll return the same answer regardless of how a query is phrased and will take users to the exact spot in a record where that answer is likely to be found.

Cognitive search: the new normal

In short order, cognitive search stands to become table stakes in the enterprise. It’s estimated that 54% of knowledge workers are already interrupted a few times or more per month when trying to get access to answers, insights, and information. And the volume of unstructured data organizations produce is projected to increase in the years to come, exacerbating the findability problem.

“Productivity isn’t just about being more efficient. It’s also about aggregating and applying the collective knowledge of your organization so that together you can achieve more,” wrote Microsoft 365 corporate vice president Jared Spataro in a recent blog post. “[Cognitive search systems enable] business process efficiency by turning your content into an interactive knowledge repository … to analyze documents and extract metadata to create sophisticated content models … [and to] make it easy for people to access the valuable knowledge that’s so often locked away in documents, conversations, meetings, and videos.”

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How NetSuite Helps Mexican Ecommerce Company Ibushak ‘Focus On What Matters’ During Massive Growth

December 10, 2019   NetSuite
1%20(1) page 001%20(1) How NetSuite Helps Mexican Ecommerce Company Ibushak ‘Focus On What Matters’ During Massive Growth

How NetSuite Helps Mexican Ecommerce Company Ibushak ‘Focus On What Matters’ During Massive Growth

Posted by Kendall Fisher, Executive Producer and Host of The NetSuite Podcast

In 2004, Ibushak—a Mexican ecommerce provider helping companies of all sizes sell and distribute products across Latin America—was fulfilling 40 orders a day. Fast forward to 2019, and the company is now seeing 2,500 orders a day.

That’s a tremendous amount of growth in a short period of time, and something that co-founder and CEO Mauricio Bouzali believes couldn’t be done had he not decided to implement Oracle NetSuite in 2015.

On this episode of “The NetSuite Podcast,” Bouzali takes us through Ibushak’s growth journey—from the moment he and his brother decided the Mexican marketplace needed a company like Ibushak, to developing partnerships with small, medium and Fortune 100 companies, to its 140% year-over-year growth.

Bouzali dives into NetSuite’s support in this growth, becoming “the heart” (as he puts it) of Ibushak and touching every part of the company. He says NetSuite’s biggest impact has been allowing him and other members of the leadership team to step away from operations, and rather, focus on what matters: Continuing to grow the company, always meeting customer expectations and discovering new technologies—like AI and BI—to further advance Ibushak’s competitive stance in the industry.

In fact, Bouzali concludes with one piece of advice for companies that are currently considering NetSuite: “The best day to implement NetSuite is yesterday.”

To hear Ibushak’s full success story, listen to the episode on Apple Podcasts, Soundcloud or YouTube.

Posted on Mon, December 9, 2019
by NetSuite filed under

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How Manual Processes in Your Business Can Be Hindering Your Growth

November 26, 2019   CRM News and Info

Recurring Revenue and Subscription sales involve a significant change in the way a business sells and collects revenue.

As you first start with Subscription-based sales and recurring revenue its more than likely that the tools and processes are not known and the excel is what you are likely to use to keep things simple. Subscription-based sales by their inherent nature are smaller sized sales! However successful subscription-based businesses are not small!

The important thing with subscription-based sales is that they are smaller bills over longer periods of time and over larger volumes of customers!

Subscription-based businesses only survive, thrive and grow through customer acquisition, customer retention and growth from their existing customer base while simultaneously continuing to acquire new customers. Once you get the grasp of this the only way to build a successful Recurring, subscription-based business is through automation and the deployment of the right tools for your internal teams and your customers.

Humans are error-prone and they don’t want to do repetitive tasks. No matter what kind of safeguards are in place, expensive mistakes are likely to happen as you scale and grow. Automated processes for billing, subscription management and invoicing are the foundational elements to grow a Subscription-based business model through recurring revenue.

xManual Process1 625x217.png.pagespeed.ic.s8z1GMVHNT How Manual Processes in Your Business Can Be Hindering Your Growth

How Work 365 Helps you Growth:

  • All subscription data including the number of licenses, custom bundles of services and products, discounts, billing and payment information, billing terms, etc. are all in one place using Dynamics
  • Provisioning can be automated with Cloud Providers like Microsoft through Partner Center or Distributors like TechData and Synnex.
  • Automated Billing- helps with creating, sending and collecting cash for invoices that are accurate every single time whether a customer is paying monthly, quarterly or annually.
  • Self-Service for your end customers allows them to see all their purchased services, billing history and most importantly adjust quantities of existing services and purchase new services!

xManual Process2 625x264.png.pagespeed.ic.NIbIm70Pei How Manual Processes in Your Business Can Be Hindering Your Growth

Work 365 synchronizes, coordinates and automates.

See how Work 365 integrates with accounting systems like Quickbooks or how Work 365 helps manage customer credit in recurring billing.

Join Our Work 365 Upcoming Webinar – http://bit.ly/Work365Webinar

Take the Cloud Assessment – http://bit.ly/Work365CloudAssessment

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NetSuite helps UK and Ireland organizations unlock new growth opportunities

November 6, 2019   NetSuite

Oracle NetSuite today announced a series of new innovations to help organizations in the UK and Ireland unlock growth and take their business to the next level. The latest innovations within the NetSuite platform include new SuiteSuccess industry cloud solutions and capabilities for nonprofits that are designed to help organizations in the UK and Ireland drive growth, reduce costs and quickly and easily achieve the benefits of cloud computing.

“Running a business can be overwhelming, particularly when there is so much economic and political uncertainty about what the future holds,” said Nicky Tozer, VP EMEA, Oracle NetSuite. “At times like this, it’s even more critical to have full visibility and control across all key business operations. The latest updates to the NetSuite platform build on our deep industry expertise and demonstrate our commitment to providing UK and Irish organizations with a blueprint for growth that will help them take their business to the next level.”

SuiteSuccess is a pre-configured industry cloud solution that helps organizations achieve the benefits of the cloud in as little as 45 days. With the new SuiteSuccess solutions, organizations in the UK and Ireland can take advantage of industry-leading practices, which combine deep domain knowledge with pre-built workflows, KPIs and dashboards, to help achieve the visibility, control and agility needed to grow their business and unlock their potential. The new SuiteSuccess solutions for the UK and Ireland include:

  • SuiteSuccess for Wholesale Distribution: Includes ERP, financials and advanced inventory capabilities that help enable small to mid-size UK wholesale distribution organizations to have full control and visibility across complex supply chains and help increase efficiencies by automating key business processes.
  • SuiteSuccess for Manufacturing: Delivers an agile path to cloud for small to mid-size manufacturers, providing a single view of customers, orders, items and inventory. It provides a real-time platform to monitor all operating channels, with new features specific to work orders and assemblies, enabling manufacturers to tackle challenges that arise from inefficiencies in their supply chain.
  • SuiteSuccess for Social Impact: Helps UK and Irish nonprofits increase their impact and measure the outcome of their initiatives by streamlining business processes and helps them focus time and resources on their core mission.

SuiteSuccess customers in the UK and Ireland also have immediate access to NetSuite global capabilities to process multi-currency transactions and help them take advantage of international growth opportunities. To learn more about SuiteSuccess, please visit www.netsuite.com/suitesuccess.

UK Organizations Grow Rapidly with NetSuite

More than 1,000 organizations headquartered in the UK and Ireland already use NetSuite to gain the data and insights needed to make the right strategic decisions and unlock their potential.

UK organizations benefitting from NetSuite include Scottish plant-based alternatives food company DARING Foods, which is using NetSuite to help manage growing domestic and international demand for its tasty, healthy and affordable plant-based foods.

“We’re on a mission to bring purposeful eating to consumers around the world, but we have to be able to run our business effectively to do that,” said Ross Mackay, CEO and co-founder, DARING Foods. “Choosing NetSuite has made it easy for us to manage multiple systems concurrently and allows our team to work from anywhere, which is crucial for our culture, and the international nature of our business. NetSuite has not only helped us save huge amounts of time and energy but has also helped our team focus on our mission.”

About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 18,000 customers in 203 countries and dependent territories.

For more information, please visit https://www.netsuite.com.

Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

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NetSuite helps French organizations unlock growth

November 4, 2019   NetSuite

Oracle NetSuite has introduced new innovations and a new partner engagement initiative to help organizations in France unlock growth and take their business to the next level. The latest innovations within the NetSuite platform include a new SuiteSuccess industry cloud solution and new capabilities for nonprofits that are designed to help small and rapidly growing organizations in France manage all aspects of their business in a single system. The new partner initiative will help new and existing NetSuite partners in France meet growing demand for cloud ERP systems and accelerate customer success.

“Organizations in France are faced with increased competition, shifting customer expectations and the pressure to grow both locally and internationally,” said Nicky Tozer, VP of EMEA, Oracle NetSuite. “Last year we made a commitment to helping organizations in France quickly and easily take advantage of our platform to gain the visibility, control and agility needed to address these challenges and unlock growth. These updates underline our commitment to giving our customers and partners in France a blueprint for growth.”

SuiteSuccess is a pre-configured industry cloud solution that helps organizations achieve the benefits of the cloud in as little as 45 days. With the new SuiteSuccess Starter edition for France, NetSuite customers in France can get up and running with pre-configured KPIs, workflows, reminders, reports and value-driven dashboards for all key roles within a business. This helps enable organizations in France to take advantage of industry-leading practices, which combine deep domain knowledge with pre-built workflows, KPIs and dashboards to help achieve the visibility, control and agility needed to grow their business and unlock their potential.

To help nonprofits and social enterprises of all sizes take advantage of the latest cloud technologies, NetSuite is launching its Social Impact program in France. Since 2006, the NetSuite Social Impact program has helped more than 1,500 nonprofits streamline business processes and focus time and resources on their core mission. The NetSuite Social Impact program will help nonprofits in France take advantage of three key areas:

  • Suite Donation: Built on decades of industry expertise, Suite Donation helps enable nonprofits to achieve business value from NetSuite as soon as possible.
  • Suite Pro Bono: Gives nonprofits access to projects and events as well as skilled pro bono and executive coaching that is delivered by NetSuite employees, partners and customers in a variety of areas from marketing to financial management.
  • Suite Capacity: Helps nonprofits share best practices and learn from each other by providing online resources and educational opportunities that include guidance on leading practices that help build confidence, skills and success.

To help new and existing partners in France meet growing demand for cloud ERP systems, NetSuite has also launched its SuiteLife partner initiative in France. SuiteLife delivers a comprehensive set of resources, certified training and tools that help enable NetSuite partners to develop expertise around specific business functions, product areas and industries. With SuiteLife, NetSuite partners in France can access knowledge and expertise related to NetSuite solutions that may help customers succeed, differentiate their practices and expand their business.

Lojelis, a technology consulting company in France, recently joined the SuiteLife program.

“SuiteLife has been instrumental in getting our team up to speed quickly on all things NetSuite,” said Arnaud Dugenne, managing director, Lojelis. “At Lojelis, we are rapidly expanding our business to help French organizations take advantage of NetSuite to unlock growth and benefit from our expertise across finance, the supply chain and project management.”

About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides a suite of cloud-based applications, which includes financials / Enterprise Resource Planning (ERP), HR, professional services automation and omnichannel commerce, used by more than 18,000 customers in 203 countries and dependent territories.

For more information, please visit https://www.netsuite.com.

Follow NetSuite’s Cloud blog, Facebook page and @NetSuite Twitter handle for real-time updates.

About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

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