Monat: August 2020

Oracle NetSuite:

It is since November of 2016 that Oracle’s addition of Netsuite has become official of bringing cloud ERP solution of small and large-scale business with adept analysis of Oracle enterprise for the front and back office.  Believe it or not, over 40,000 organization and small-scale business across 160 countries have put trust in Netsuite and their way of organizing the business helps them to take their financial operation process to the cloud.

Why do people blindly trust Netsuite as their sole operator in business? There are a countless number of reasons why people chose Netsuite but the main reasons are:

1. Scale with Ease:
   You are gaining your agility, workability and have the power to change the capacities of the production of your business. You can scale your business and also you know what will require in the future accelerating the growth and production.
2. Visualize and gain a complete picture of our business:
   It will indicate and build business intelligence in the mind and provide real-time facilities for the key business performance. It also helps to track your business outcome results and guide you in the proper direction.
3. Stay Updated:
   Netsuite helps to improve your business and helps you to stay updated with the new technologies, new methods with all customizations required to improve your business.

Global Cloud ERP:

Netsuite delivers a full processed ERP system for the large and small scale organizations and moreover helps to populate one chart of accounts or separate chart of accounts for different and each individual organizations.

NetSuite started in 1998 as a web-based Accounting Software and was called Net ledger. It is still web-based with solid Accounting Features but it has grown into a full-fledged ERP system. Here’s why you need to Upgrade from your present Accounting Software to NetSuite Cloud ERP!

Some of the features are:

1. Financial Management:
   Netsuite delivers a total structure of financial management including every detail revenues and invoice. It also promotes the process and helps to accelerate the growth of the business.
2. Order Management:
   Netsuite rearranges the order and fulfill the order process and helps to minimize the workload of a business firm.
3. Business Intelligence:
   It gives an overview of a true real-time view of different levels in business to the corporate divisions and stakeholders.
4. Payroll:
   Reduce the headache of payroll and paperwork to secure peace in a single and efficient way.

Netsuite for Every Business:

Netsuite delivers performance as well as provide adaptations of the requirement for the growth of your business and promote them to advance level. Netsuite provides a huge wide range of solution and helps the owner to manage the entire business in one suite.

Netsuite focuses on:

1. Advertising:
   Netsuite helps to deal with 12 currencies and can move six times faster moreover it subsidiaries half across global financial.

2. Distribution:
   Netsuite promotes huge productions and helps to manage inventory management and accounting.

3. Manufacturing:
   Netsuite boosts the performance within five months of execution and flexible for custom fields on complex sales etc.

4. Media:
   Netsuite with the help of the SuiteCloud platform connects various newspapers and at the same time promote and gives real-time financial reports of that business.

5. Service:
   Provides dynamic efficiency and productivity with the help of NetSuite ERP and OpenAir.

For Any Size Business:

Netsuite delivers and meets every business requirement and helps them to promote and accelerate the growth of any type of business irrespective of its size. From large enterprise to startups Netsuite helps them to stand straight proudly in the business market.

1. Startups Business:
   Netsuite helps to unseal the business growth and identify the business angles and discover new strategies. It also helps to minimize cost and promote growth through an agile business solution.

2. Midsize Business:
   Netsuite helps them to enter new markets and accelerate growth and productivity. It also helps to engage easily with more customers and moreover, it will take your business to where it meant to be.

3. Enterprise:
   Netsuite will unseal the whole new enterprise to all the business type like B2B, B2C or B2X to every part of the world and help the enterprise secure, flexible and productive.

The Past, Present and Future of Netsuite:

Evan Goldberg, the founder of Netsuite has discussed the most important points of Netsuite development of its near future and real uses. He talks about the key roles of permitting companies to their real visions and how Netsuite helps them to achieve their goals in the future. Check out Evan Goldberg’s keynote at NetSuite SuiteWorld 2018!

Some of the key areas he discussed:

1. Research and Development:
   For the last few years investor has invested more funds and put a huge effort on research and development, which put Netsuite a place where it will relevant for next twenty years without any dispute on its advantages.

2. Adopting Oracle Technologies:
   Take the best from the Oracle Cloud Infrastructure with the powerful database, Netsuite can deliver refine technologies and helps to promote the advance growth of a business which is ahead of its time.

Conclusion:

Over 40000 customers and 10000 successful executions, Netsuite itself have reached its peak point. Its deep analysis has really helped many small scales and large-scale industries and business to its best. Netsuite delivers premeditated partnerships with prominent companies like Deloitte, Accenture and Informatica which further confirms that Netsuite can be unified and customized.

Now, you can easily connect your NetSuite ERP with the Ecommerce store to automate the business process!

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In this era of cloud computing and artificial intelligence, the ERP solutions are evolving rapidly according to the growing business needs. The one 2. solution which has become an eye-catcher in the recent decade is Acumatica.

Acumatica is a cloud-based ERP designed for small and mid-sized businesses. There are so many ERP solutions available in the market, so how does Acumatica stand out from the rest?

1. Acumatica provides an integrated solution i.e., ERP, CRM, BI, Sales modules, Purchase modules, case management, e-commerce, credit card processing, etc., all integrated under one platform. Even, mobile workforce can be connected to the Acumatica platform.

2. Acumatica being a cloud-based system, so customers and partners get instant updates whenever Acumatica upgrades. This is one of the biggest advantages of Acumatica because with other solutions, the customers may not get instant updates and as a result, there might be a disparity in reports. But, with Acumatica information is always up to date and a single version is no more a myth.

3. Acumatica advanced design enables a better user interface which remains constant whatever be the device the user might be accessing it from. The user can log in be it PC, be it a tablet or be it mobiles the experience remains the same. The UI is developed with advanced embedded technology to provide rich user experience.

4. Another huge advantage of Acumatica over other solutions is the pricing plans. Some solutions have this policy where adding a new user will cost extra. Also, some applications charge extra for different levels of accessibility of the user. But, with Acumatica the entire organization can be connected to the system or may even grow in size and there is no need to change the plan because there are no per-user fees in Acumatica.

5. In an organization, different teams work together to make it a grand success. So, it’s quite natural that the requirement of the sales team will be different from that of the development team. Acumatica has the perfect solution for this problem. The Dashboards in Acumatica can be customized according to personal needs. For e.g., the sales team will customize their dashboard to see sales charts, graphs and information about the customers and sales processes. Whereas, Executives will customize their dashboard to see critical information which they might need to make critical business decisions.

6. Acumatica provides flexibility like no other solution does. Acumatica provides its user the choice of running the solution in a SaaS environment, public or private domain or on-premise. So, clients might on a certain server temporary and will migrate to a different server, for them this feature is a huge boon. Acumatica provides its user the freedom of choosing their own environment instead of dictating like some other solutions.

7. Acumatica provides robust security because the users control their own data.

8. Acumatica also comes with in-built data backup and backup access services. So, in case of any emergency Acumatica can easily restore the information from the backup.

Now, you can easily integrate your Acumatica Cloud ERP system with Ecommerce store and automate the business process!

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SAP ByDesign is here with its new features which will help its users in a much coherent way to manage their business processes. Below are the given modules on which SAP Business ByDesign 1808 has made its enhancements.

Financial Management

• Improvements for payments, especially web shop scenarios.
• New webservice for SEPA Direct Debit Mandates
• Confirmation of External Payments – You can now pre-confirm External Payments through the Clearing House Statements.

Customer Relationship Management

• Update Service Confirmations with non-billable indicator
• Update Invoice Block on Service Confirmations
• Enhancement to Customer Invoice Data Source
• Outbound delivery reference ID in the Customer invoice item Data source
• Maintain Contracts via Web Service
• Create Service Order via Excel Template
• Pricing Flexibility
• Order of pricing tables in an Access sequence can be modified.
• Enhanced and more flexible Lead status management

Project Management

• Holidays in Gantt Chart
• Personalization of Gantt Chart
  

Supply Chain Management

• Product Cycle count – Automated Run
• Additional Extension Scenarios
• Product Requirement Specification Filter on Product Exceptions

Supplier Relationship Management

• Update Existing Purchase Orders with New Purchase Requests

Built-in Analytics

• Work center overview pages in new card design

  • Work center overview pages migrated to card design
  • Key User Adaptation of Work Center Overview Pages
  • Refresh rates for KPI and Reports defined by key user
    

• Adapting Data Sources with New Fields

  • Add Missing Standard Fields
  • Enable Dates for Process Time Calculations
    

• Improved Analysis Pattern in HTML5

  • Suspend Automatic Refresh on View Pane
  • Advanced Filtering in Selection Pane
  • Working with Dates and Date Hierarchies
  • Report – Report Navigation on Chart Elements
    

• Improved Integration / Open Interfaces

  • Review OData Result with Button “Build OData Query”
  • Download of Code Lists

Localization

• Mexico – Electronic Payments
• USA – Tax Reporting under the CF/SF Program
• Italy – Quarterly VAT and self-invoice registration
• Spain – Immediate Supply of Information System (SII)
• Japan – Incoming Remittance Bank Statement, Migration of Basic Employee Data
• United Kingdom – Expense and Reimbursement Management

To know more in details, click here.

Now, you can easily integrate your SAP Business ByDesign ERP with other line of business applications to automate the business process!

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In the era of cloud computing, you do not want to choose the technology that is decades old and monotonous. As the market is inclining towards automation and performance and there exist global competitors, so there should be a uniqueness in the trend. Because of which, Acumatica has been qualified as a true Cloud ERP Platform. Also, consumption-based licensing allows small and mid-size companies to afford an unrestricted cloud ERP system.

The idea of being disruptive is incorporating cloud-based technology intended to integrate with other external applications. Exceptional modules such as Distribution, CRM, Manufacturing, Project Accounting, Financial management, hence increasing functionality and encouraging growth. Acumatica is leading in the Cloud ERP ecosystem to adopt Open API standards.

The extensive use of ecommerce and mobile applications has driven ERP and CRM vendors to enhance their application by embedding those capabilities and easily adapt to the new requirements. While most legacy ERP platforms offer complicated add-ons and standalone databases to fulfill the requirement. On the other hand, many outdated applications add additional software to the frontend to make them cloud ready. To overcome all these challenges Acumatica ERP platform is a scalable infrastructure with core components that run in the background so that customer can give complete attention to productivity and not technology. Here one can customize their business logic using the platform tools or a separate integrated development environment.

1. Financial Management for your Business:

• Streamline Operations
• Real-time visibility into business activities
• International market reach with cloud multi-currency, multi-language, and multi-company capabilities.
• Manage Multiple Entities
• Easy migration from legacy system

2. Customer Management:

• 360-degree view – complete monitoring of financial, marketing, sales and service.
• More power to your customers
• The team approach to sales and service
• Improve customer service
• The Acumatica add-in works with incoming and outgoing email in Outlook.
• Salesforce bi-directional real-time synchronization of data with Acumatica ERP.

3. Accounting Management for your Business:

• Complete view of project-related costs
• Flexible and accurate billing as per the project
• Compare actual project costs with original and revised budgets using real-time reports.
• Improve project management by controlling changes to the project scope, including customer and internal requests.

4. Distribution Management for your Business:

• Improve customer satisfaction while minimizing cost
• Eliminate delays through automated sales order processing and shipping order generation.
• Ensure a steady supply of materials while the purchase process
• Determine real-time profitability

5. Automating Field Services Operations:

• Scheduling the right people at the right time with the right skills to perform work efficiently
• Provides a powerful tool for optimizing routes for appointments with the ability to filter appointments by several different criteria
• Real-time graphical information about location, drive time, etc., is available anywhere
• Manage staff members through any gadget from anywhere at any time
• Emergency service call
• Proper inventory management can be achieved by keeping track of locations and costs
• Recurring service contracts are a significant source of revenue.
• Personalized dashboards are easily created and turn raw data into rich visuals to track progress and spot trends as they happen.

6. Commerce Edition for your Business:

• Optimize stock -outs and back orders
• Quick order processing and fulfillment
• Manage returns and exchanges
• Ecommerce integration with backend Acumatica ERP creating an omnichannel experience
• Connects with almost every ecommerce platforms

All ERP system has similar business management functionality but if you take a deep dive, you will they are all not the same. Acumatica cloud ERP is exclusive when it comes to adding extra users to the system because it does not charge for that while other competitors do.

Now, you can easily integrate Acumatica Cloud ERP with other line of business applications to automate the business process!

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ERP, be it for Large Enterprises/SMEs was Pre- Dominantly offered in On-Premise Model during 90’s till the initial few years of this millennium. An ERP Server is a heavy-duty machine consisting of the ERP Server Software, a Database Server consisting of the Databases and connected to the ERP Server and several client machines connected to ERP server with Per Named User Licenses; mostly this was the offered architecture within a standard ERP Implementation.

Because of these complexities and cost, a wide range of SMEs simply were not able to afford ERP systems. The story is not different for SAP Business One, though it is one of the most popular ERP systems for SMEs; many organizations simply were not able to afford it under the On-Premise model. SAP Business One OnDemand is targeted to offer a single integrated cloud-based solution to manage SME specific Critical Business Processes at an affordable cost. In this article, we will talk about Advantages of SAP Business One OnDemand.

Get Started and Keep Moving

Cloud Computing completely shifted the software paradigm in this decade. The way Organizations consume electricity, cellular network plans, etc. they can now have on-demand access of the software and computing resources centrally managed by Data Centers which can scale up or down the resource consumption based on usage. Thousands of Organizations can share the same hardware and software resources, benefiting from a lower Total Cost of Ownership.

With SAP Business One OnDemand, businesses can integrate all the critical functions from sales to customer relationships to financials and operations without the cost or complexity of an On-Premise Model. You pay a monthly subscription fee per user and SAP VAR Partners will take care of the rest. Because of the less infrastructure overhead, SAP Business One OnDemand can be implemented much faster and you can scale up the usage as and when required.

Advantages of SAP Business One OnDemand

Low Cost of Ownership:

With SAP Business One OnDemand, businesses can streamline processes and increase business insight with the least cost and complexity. Because the software is delivered as a service, they don’t need to hire experienced IT staff to manage and support the software and its underlying IT infrastructure. The software also increases their business agility so they can rapidly deploy support for business processes to take advantage of new opportunities.

Easy Upgrades:

SAP Business One OnDemand is automatically maintained and updated by SAP/VAR Partners, so organizations always have the most current version and patch level. Applications and servers are in highly secured Data Centres that feature an array of physical and network safeguards to protect critical business data. With no hardware to manage or software to maintain, SMEs can focus on their business and not in IT.

Rapid Implementation:

SAP Business One OnDemand ensures business agility by rapidly deploying support for business processes to take advantage of new opportunities. There is no lead time for getting the hardware, no installation on Servers/Clients required. Organizations can enroll and can get the admin/other user access straightaway and SAP Partners can straightaway plan the requirement gathering and finalization for implementation.

Extendibility:

SAP Business One OnDemand Features can be easily extended through the Add-Ons which are qualified/certified by SAP to work in the OnDemand environment. All the proven Technology Partner Add-On Solution be it a payment Add-On, Shipping Add-On, Integration Add-On, etc. are tested and verified to work in a SaaS-based multitenant environment and available for extendibility.

Some Other Advantages:

• SAP Business One OnDemand can be deployed quickly with essential features and can fulfill specialized needs of SMEs with default features, SDK and Add-On Solutions.
• SAP Business One OnDemand offered in single price model which covers software, user licenses and support.
• Cloud Infrastructure, Software, SAP B1 Version and Patch Levels all are maintained by SAP Partners/SAP, so organizations don’t have any such hassle to resolve on a day to day basis
• Software, Infra and Data Security are maintained by Secure Data Centeres with an array of Physical and Network Safeguards
• SAP Partner Ecosystem is always one of the best and most matured one. SAP is working closely with country-specific VAR Partners to offer SAP Business One in SaaS model effectively

Now, you can easily integrate your SAP Business One ERP with Ecommerce store, Marketplaces, CRM, Shipping and POS Systems to automate the business process!

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The journey of NetSuite started in 1998 when it used to be a web-based Accounting Software and was called Net ledger. Netsuite now is still web based with Solid Accounting Features but it has grown into a full-fledged ERP system that can easily give popular ERP systems like SAP B1 and Dynamics NAV a run for their money.

NetSuite is a journey and not a destination. Semi-annually, NetSuite releases new features and functionality that automatically gets to their users at no additional cost. Finally, NetSuite provides support in addition to maintenance for its instance. Support is unlimited in its usage, accessible from anywhere, and available24*7. Most importantly, it is not incrementally priced on a per-user basis.

So, when do you feel is the right time to get your hands on all this???

1. If you were a small business in the recent past but you seem to have outgrown software like QuickBooks. NetSuite offers real-time access to a mammoth financial figure and reduces paperwork by pulling from a single source of data. This allows the one-click sales order and compacts the processes between order and payment. Data entry costs and errors are considerably decreased since information might be inter-related and shared.
2. If your Organisation runs every day complicated processes such as revenue recognition processes Netsuite’s agile, cloud-based systems can be extremely helpful.
3. If you need a bird’s eye view of your business and want users to have access to business-specific data at fingertips and offer executives insight into all aspects of the business. Netsuite’s customizable, user-specific dashboards are exactly what you should be eyeing.
4. Netsuite’s cloud-based architecture is also ideal due to its scalability. This ability to add systems and functions as needed enables rapid growth, giving your organization a generation next foundation of technology to build off of in their new chapter. The combination of easy implementation, top-tier functionality, and rapid scalability should make Netsuite the preferred choice for any organization, who left behind the world of QuickBooks for a modern, cloud-based solution.
5. In addition to time and monetary savings, if you are looking for a strong web-based accounting and management tool that allows for any-time, any-where decision making. Cloud-based storage choices facilitate the protection of company information, particularly in cases of natural disasters which may drastically scale back recovery times.
6. If you need a more complete and accurate data pool which allows experts to trend future performance, lending credibility to decision making. Planning associated strategy becomes an enterprise-wide task in due course of your time, attributable to the numerous modules available; ; consequently, NetSuite fetches data from sales, shipping, client service, marketing and other departments to quantitative numbers. This permits accounting and business planning to label processes and products with time and costs.
7. Accounting software is designed to handle the assets, liabilities and liquidity of a single entity. If you are looking to introduce a different structure or different currencies, and you will have a problem. While functionalities exist to manage multiple entities, consolidating the financial activities require manual efforts that incur errors and inefficiency. Calculating tax in different currencies also requires time-consuming manual processes. ” Netsuite One World” is an answer to all these problems.

Always remember there are two kinds of people: “One who is already in the cloud and the ones who will be in the cloud”

Now, you can easily integrate your NetSuite ERP with the Ecommerce store and automate the business process!

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SuiteWorld is NetSuite’s annual and official event aimed to celebrate remarkable business with customers and partners through the power of the highly equipped platform. This year the event was held in Las Vegas from 23^rd to 26 April and it happened to be a huge blast.

Evan Goldberg, Executive Vice President of Oracle set up the stage with his influential opening keynote.

He also talked about the future of NetSuite products and their capabilities at this conference.

SuiteWorld witnessed the recognition of women influencers and leaders of the market and paid a homage to the contribution by them.

Not only was their rigorous work on innovative development and intellectual networking, there was also room for a lot of fun with the SuiteWorld 2018 Rock Show.

To celebrate this event, we also saw Evan Goldberg trying his hands at the drums too.

Also, SuiteWorld witnessed some of the greatest artists from around the world performing live.

With its continuous expertise in the industry, NetSuite gives the freedom to the users to grow their online business like never-before via SuiteWorld18. With the years passing by, we can expect Oracle NetSuite to change the way people do eCommerce business.

Now, you can easily integrate your NetSuite ERP with Ecommerce store and automate the business process!

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• Navision Financials 1.20 – 1996
• Navision Financials 1.30 – 1997
• Navision Financials 2.00 – 1998
• Navision Financials 2.50 – 1999

Use this Infographic On Your Site

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Now, you can easily integrate your Microsoft Dynamics NAV ERP with Ecommerce store, Marketplace or CRM and automate the business process!

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Nowadays integration between two business systems is very popular among business organizations. A business integration not only integrates data but with this data integration platform we can set the business processes also. So, in this blog, we will explore the 5 reasons for integrating a Shopify store with ERP or CRM system. As a case study, we will take the example of a customer who has launched a new Shopify store for online business and has an ERP with existing business data.

1. Customer Management

For successfully running the business, primary data like customers needs to be matched between both the ERP and Ecommerce systems. Previously, the business owner managed the entry of data by manually entering it but with the introduction of the web store, it becomes a mammoth task to manually enter data especially with the growing popularity of the web store. Because customers will log in from the virtual environment and to enter the data, first business owner need to collect the data then he or she can enter the data in the existing system. So, there will be a delay in the business process. By using integration platform, we can make this process faster and accurate.

2. Inventory Management

Another important scenario will be managing product and inventory in both systems. With the introduction of the web store, a client need to sync his/her thousands of existing products in the web store. And also, if he creates any new product in the web store that needs to also sync in the ERP. So manually entering those products in web store or vice versa will be resource hungry and chances of mistake will be high. Apart from that, managing the inventory of the products in Shopify and back-end ERP is important. Inventory in both systems needs to be up to date with the product actual stock unit. So, calculating and manual entry of stocks for thousands of products will be a time-consuming job and as a result, high changes of mismatched entries will be there. And this will hamper business, especially in order management. So, if we implement an integration platform we can overcome this scenario by making inventory management more accurate, fast and automated.

3. Order Processing

The main part of any business organization is managing its order cycle. Typically, an order cycle comprises of the following part placing the order then the invoice will be created for that order after the creation of invoice the order is delivered to the customer and after delivery, the stock of the products associated with the order needs to be managed. Now imagine in the web store every day thousands of orders will be placed and the customer always wants quick delivery of the items to them. Now if we do this order processing cycle manually for every order imagine how much time it will take for a single order and the order completion time will vary from one week to 10 days in an ideal scenario. Now using an integration platform, we can do this within few hours and with 100% accuracy.

4. Business Process Streamline

Every business runs based on a business process set by the business owner and stakeholders. And it changes based on a situation. For example, with the introduction of the website customer wants to implement partial delivery and refund of orders in his order cycle for the web orders only. So, using the integration platform we can do it quickly by configuring it based on the changed requirement and it needs to be changed only in one place. But if we don’t use an integration platform then we need to train every manual entry operator and the transition phase will take a long time in case of large businesses.

5. Resource Utilization

Implementing an integration platform will help the business owner to utilize his resources in a more efficient manner. There will be no need for manual entry so less human resource will be required. As everything will be automated and the platform is being pretested so it will be accurate and chances of data errors will be less. Any changes will be adapted to the system very fast as no training is required.

These are the major benefits of using an integration platform with the Shopify store.

Now, you can easily integrate your Shopify store with your back-end ERP/CRM or POS Systems to automate the business process!

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