presentation on net suite
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8/9/2019 Presentation on Net Suite
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Group no 3rd
Where Business isGoing
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Corporate Profile
• Founded in 1998
• Corporate HeadquartersSan Mateo, California, USA
• Worldwide LocationsOntario, Canada
Sydney, Australia/New ZealandUnited Kingdom, Europe/Middle East/Africa Tokyo, JapanHong KongSingapore
• The initial iteration was marketed as NetLedger, then Oracle Small Business Suite.
•In December 2007 NetSuite became apublicly traded company after its IPO onthe NYSE.
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Market Share
• Leading vendor of cloud computing business management software suites, today announced
operating results for itsfourth quarter and fiscalyear ended December 31,2009.
• Total revenue for the yearwas $166.5 million, ayear-over-year increase of 9%.
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Strengths•
Security and availability are the mostcritical elements in any system
• Data Security
• Availability
• NetSuite Green
• Business Practices
Competitive Advantage•New Technology•Best Professionals•Online Services
Web Based Application Strategy•Allows E-commerce companies to run their onlinebusiness•Web Store•Shopping Cart
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Products offerings•
NetSuite
• NetSuite OneWorld
• NetSuite CRM+
•NS-BOS
• SuiteCloud Platform
• NetSuite Ecommerce
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ERP Module supportingFinancial andAccounting
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NetSuite Financial Planning Module - Business Software,
• NetSuite is the #1 integrated, web-basedbusiness software.
• It helps businesses manage their entirecompany with one complete system.
• Includes online accounting software,enterprise resource planning (ERP),
customer relationship management (CRM),and ecommerce.
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Fit with Current Business
Processes• General Ledger• flexible chart of accounts supporting: multi-company and
multi-currency needs; user-defined account rules; accountgroups for financial reporting and complex consolidation
• comprehensive and flexible tax handling, recording andreporting, including full and partial exemptions.
• Accounts Payables• instantly see the precise make-up of each supplier
account, including the amounts owed and how long debtshave been outstanding
• determine how and when payments are made and thelevel of analysis information on each transaction
• supporting multiple, international payment methods
• integrated document management for scanned invoices.
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Continue..
Accounts Receivables• automation (production of reminder
letters; charging interest on latepayments) helps recover receivablesbefore they become bad debts
• the structured customer database canbe tailored to suit your own marketing
and sales analysis requirements. Asset Accounting• tight integration with: Accounts Payable
(assets created from purchase invoices);General Ledger; - reducing errors andimproving accuracy and efficiency
• integrated document management,allowing you to hold photographs,
operating instructions, ownership deeds,purchase agreements and so on.
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New Processes Available
• Full-featured financials, CRM, inventory, andecommerce software—all in a single system
• Real-time visibility across your entire business operation
• On-demand software infrastructure dramatically lowersmaintenance and license fees
•Ensure accountability and compliance with comprehensive,auditable accounting
• Streamline order-to-cash and procure-to-pay businessprocesses
• Eliminate errors and streamline processes with seamlessintegration between financials, and CRM and Ecommerce
• Anywhere, anytime access to the information you need.
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Financial ERP
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Reporting Capabilities
• NetSuite delivers powerfulreporting options tosupport faster and betterdecisions, but thecomplexities of yourbusiness demand specific
reporting capabilities.• Trajectory has developed
the Advanced Reporting Toolkit for creatingpowerful and complexreports, charts and graphs
inside of NetSuite andwithin NetSuite’s onlinePortal Centers.
• Operations, Financial andHR Reporting
• Better support yourcompany’s operations withreliable reporting:
• Customized financials,accounting reports and
profitability reporting.• Advanced Purchasing,
Inventory and MRP reporting(Demand & ProductionForecasting, ForecastedPurchasing, ProductionVariance).
• HR Reporting (Performance,Predictive Workforce, TalentScores).
• It also have certain tools fordatabase query like real timedashboards are available
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User Friendliness
• This ERP module providescomprehensive GraphicalUser interface
• Having all facilities like
shorter links andhyperlinks
• This ERP module hasgreater availability of tutorials at many
websites and E-bookslike…
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• Shared Consulting
• Guided Consulting
• NetSuite One Methodology
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• NetSuite SuiteSupport provides
world-classcustomer supportthrough severaldifferent options:
• Silver Support
• Gold Support
• Platinum Support
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• Training for Administrators
• Training for End
Users and Others
• NetSuite Central
• Virtual Training
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ERP Implementation
• Modular ImplementationThe scope of implementation usually to one functional department.
This approach suits companies that do not share many commonprocesses across departments or business units. Independentmodules of ERP systems are installed in each unit, while integration
of ERP modules is taken place at the later stage of the project.
• Process-Oriented Implementation
The process-oriented implementation focuses on the support of oneor a few critical business processes which involves a few business units. The initial customization of the ERP system is limited to functionality
closely related to the intended business processes. The process-oriented implementation may eventually grow into a full-blownimplementation of the ERP system. This approach is utilized by manysmall to mid-sized companies which tend to have less complex internalbusiness processes.
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Cost of ERP ModuleDifferent elements of total cost associated
with ERP implementations:
• Amount spent on software
• Amount spent of external services
• Internal costs
• ERP ownership was $15millions ranging from half millions to $300 millions. Theaverage cost per user per yearcould be as high as $20,000.
Process CostCost of Configuration,Implementation, Consultingand Support
$45,000+
Cost of Training $3500
Cost of Maintenance &License
As per req
Total Cost Varies $5,000-$300,000
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Ability to integrate with
other moduleNetSuite Financials provides comprehensive,
proven financial/ERP capabilities that integratewith your broader back-office, sales and
service processes.• Supply Chain and Inventory Management
• Human Capital Management (HCM)
•
Recurring Revenue Management
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Questions???