Today’s economic landscape presents complex challenges for small businesses, particularly those in the critical growth phase with annual revenues between $5M-$25M. Rising inflation has increased operational costs and squeezed margins as customer purchasing power diminishes. This often forces businesses to either hike prices or cut costs, such as reducing overhead or minimizing inventory. [...]
A NetSuite assessment can help identify and troubleshoot problem areas, reveal underlying optimization opportunities, help validate previous work, and much more. NetSuite was designed to be the metaphorical ‘center of your universe’ from an operations and business process perspective, but it can also dynamically integrate with other systems and applications. In this blog, [...]
If you need a wedding cake, you are more likely to ask a master baker than your friend who said they could find a recipe on Pinterest. Your friend's recipe could be great, and the picture of the cake could be beautiful, but you would have your doubts. The appearance, taste, portion size and [...]
The Suez Canal Blockage in March 2021 had rippling effects across the globe as approximately 10 percent of global trade passes through this waterway. Although the Ever Given was only stuck for six days, the situation forced many companies to re-evaluate their supply chain resilience and entertain the concept of “onshoring” or exploring [...]
Companies vying for a bigger piece of that ecommerce pie need robust, unified technology systems that effectively streamline their operations and scale up as needed. Without a central ecommerce strategy, for example, companies can quickly fall behind the curve in a world where speed-to-market, fast delivery times, and good customer service are table [...]
Acumatica vs NetSuite. When comparing the two, Acumatica may seem less expensive in the beginning, but it has hidden costs and tradeoffs that could lead companies to quickly second guess their purchase decision. We will highlight a few of these factors in this blog post, so companies are equipped to accurately weigh the [...]
QuickBooks is a great solution for small businesses, but it doesn’t exactly scale with your business. QuickBooks can be compared to getting your first bicycle. You’re young and excited because you can be more independent and it can help you get to nearby places like a friend’s house or school, [...]
In this blog, we examine the circumstances that can lead to an ERP failure, and several real-life case studies are referenced as background. Every ERP implementation comes with different challenges, but avoiding these 5 pitfalls can help any company improve its situation. Each section also includes best practice recommendations on how [...]
In the previous installment of this two-part blog series, we covered three benefits manufacturers experience when utilizing NetSuite’s fully integrated cloud-based ERP and its other modules. Enterprise-wide integration, streamlined upgrade processes, and scalability were the focal points for the first blog. We are going to concentrate on two themes in [...]
It was a landmark year in 2019 for tech and software IPOs with multiple unicorns (WeWork, UBER, Zoom, Slack, Lyft, CrowdStrike) filing and plenty of other potential unicorns poised to in the near future (Airbnb, Palantir, etc.). Tech and software companies have dominated the news cycle for their valuations, and rightfully so, as [...]
We have entered the Fourth Industrial Revolution, and many manufacturers have outgrown their ERP systems or are searching for a more scalable solution. While some manufacturers have chosen to upgrade because of growth, others with ERP systems from big industry players like Microsoft are being encouraged to upgrade or [...]