SOLUTIONS THAT AMPLIFY YOUR BUSINESS. AND ADDS VALUE.
NetSuite | World’s #1 Cloud ERP Presented by: Parth Virkud parth.virkud@bistasolutions.com
About The Speaker Parth Virkud Project Leader | Bista Solutions parth.virkud@bistasolutions.com 30+ Global Implementations Across Americas, EMEA, APAC 10+ Industry Verticals
AGENDA ❏ NetSuite ❏ Key Features ● Financial Management ● CRM ● Inventory Management ● Order Management ● E-Commerce ● Employee Management ❏ Why NetSuite? ❏ Why Bista?
NetSuite
NetSuite | Platform As A Service NetSuite is an Enterprise Resource Planning (ERP) package for modern businesses. NetSuite provides clients with real-time data and reporting, faster decision-making, and helping to expedite the order-to-cash process. It automates front and back-office processes including: financial management, revenue management, fixed assets, order management, billing, and inventory management. This is a full business suite. Š Bista Solutions Inc.. 2017 All rights reserved.
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NetSuite: Benefit Highlights • Improved financial operations efficiency and productivity with a single, integrated system to handle all core processes for users anywhere in the world. • Timely financial close centralizing management of all period-end close activities to reduce time and resources spent investigating and resolving errors. • Ongoing compliance with revenue recognition, tax requirements and financial reporting in accordance with various accounting standards and government regulations. • Real-time visibility to see consolidated financial results for any part of the business at a summary level, and all the way down to the underlying transactional details. © Bista Solutions Inc.. 2017 All rights reserved.
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Some Facts With NetSuite you can grow your business with a solution that fits you every step of the way. ● ● ● ● ● ● ●
FAST PROVEN TAILORED COST EFFECTIVE FLEXIBLE SCALABLE TRUSTED
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Key Features ● ● ● ● ● ●
Financial Management CRM Inventory Management Order Management ECommerce Employee Management
Finance and Accounting Comprehensive Accounting and Finance ● End-to-end visibility into your receivables and payables ● Inventory fulfillment and costing ● Complete fixed asset lifecycle tracking ● Support for project accounting ● Automatic revenue recognition in accordance with accounting standards ● Full-service payroll processing ● Integrated budgeting and forecasting tools
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Finance and Accounting ● Financial Close Management ● Effective Compliance and Controls ● A powerful rule-driven engine to produce financial reporting in accordance with multiple accounting standards (e.g. GAAP, IFRS) using multi-book accounting capabilities ● Pre-built tax filing and reporting tools that are country-specific ● Customizable roles with permissions that support segregation of duties ● Audit trail visibility into detailed transaction history, reports and saved searches ● Real-Time Reporting and Analytics Anywhere ● Consolidated financial reporting for multiple subsidiaries and currencies
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Customer Relationship Management NetSuite CRM+ provides a seamless flow of information across the entire customer lifecycle. • Streamlines lead-to-cash processes • Elevates productivity across the organization with a 360-degree view of your customers • Improves sales performance through forecasting, upsell and commission management • Manages global sales and services organizations
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Customer Relationship Management Solution Highlights ● Powerful Sales Force Automation ● Advanced Sales Forecasting and Quota Management ● Automated Incentive Compensation Management ● Comprehensive Upsell, Quote and Order Management ● Out-of-the-Box Marketing Automation ● Customer Service and Support ● Real-Time Dashboards, Reporting, Analytics and Planning © Bista Solutions Inc.. 2017 All rights reserved.
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Inventory Management ● NetSuite’s inventory management mechanisms run at par with all other processes within the platform. Right from order management, backorder tracking, inventory costing to reallocation, assembly/bill of material, kitting processes, NetSuite has it all. ● NetSuite’s Advanced Inventory module extends the end-to-end capabilities of NetSuite with advanced features for wholesaler distributors and other product-oriented companies. These tools give growing and midsize businesses sophisticated functionality, made simpler with NetSuite. © Bista Solutions Inc.. 2017 All rights reserved.
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Advanced Inventory Management: Features ● Lot Management - Lot Numbers - Expiration Dates - Costing Methods ● Bin Management - Organize warehouse by bins - Track location of stock ● Landed Cost - Account for shipping and duty in product cost ● Inventory Replenishment - Dynamically set reorder point - Preferred stock levels ● Pick, Pack, & Ship © Bista Solutions Inc.. 2017 All rights reserved.
● Serialized Inventory - Serial Numbers - Serialized Costing ● Matrix Items - Matrix Item Options - Web Store Item Matrix ● Multiple Units of Measure - Volume Pricing for multiple Units ● Bar Coding - Bar Code support for Order and Item Fulfillment - Item Bar Coding - Item Label Printing - Transaction Bar Coding - Supports Bar Code Scanning 4
Inventory Management ● Tighten control over your full inventory lifecycle across multiple locations ● Slash costs for procurement, warehousing, shipping and fulfillment. ● Boost customer satisfaction by eliminating stock-outs and speeding deliveries ● Continuously monitor and improve performance with real-time dashboards and analytics ● Automate demand-based inventory replenishment
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Order Management ● Know your operations like never before. Gain insight from data gathered across your organization and empower your employees with the information they need. ● Get a 360-degree view of your customers. Record every interaction automatically in a single, searchable system—from marketing to selling to service and support. ● Engage users everywhere with omnichannel commerce. Reach your customers online, by phone, over email, in person and more. Exceed the evolving expectations of 21st century consumers. © Bista Solutions Inc.. 2017 All rights reserved.
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Order Management Key Benefits ● Satisfy omnichannel shoppers and make them brand advocates with prompt delivery and giving them the fulfillment options they want. ● Save the sale by enabling omnichannel fulfillment from wherever you hold inventory. ● Optimize fulfillment to meet demand and increase inventory turns while preserving safety stock. ● Scale your business but keep labor fixed. Efficiently manage fulfillment, eliminate manual work and manage only by exception. © Bista Solutions Inc.. 2017 All rights reserved.
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SuiteCommerce SuiteCommerce Advanced provides businesses with fast and engaging web stores that deliver great shopping experiences optimized for any device. Plus, SuiteCommerce unifies ecommerce with your core operational business systems. Key Benefits • Omnichannel shopping experiences across store, web and mobile channels • Optimized online experience on any device with responsive web design • Expand your online business by selling through multiple brands, languages and currencies atop a single ecommerce platform • Service any type of customer individual (B2C) or business (B2B) • Tie ecommerce directly to your operational business system © Bista Solutions Inc.. 2017 All rights reserved.
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SuiteCommerce One complete commerce platform. Eliminate integrations between separate systems with natively unified ecommerce, POS, inventory and order management, marketing, merchandising, customer service and financials. Run your business better. Gain unprecedented, real-time visibility across your business by consolidating fragmented sources of data into a single repository to make informed, timely business decisions. Ultimate business agility. Our cloud-based solution provides the flexibility and adaptability needed to keep pace with business, reduce operational costs, increase efficiencies and eliminate the hassles of managing hardware and software.
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Employee Management ● Streamlining your human resource management processes reduces costs, improves employee satisfaction, and makes employees and managers—as well as your human resources and finance teams—more productive. ● NetSuite provides an end-to-end solution that offers comprehensive time tracking, incentive compensation, expense reporting and payroll tools, all built into a selfservice portal that any employee can access 24×7. Key Features ● Time-sheet management ● Employee expense tracking ● Sales quota ● Payroll journals ● Incentives and compensation management ● Job requisition © Bista Solutions Inc.. 2017 All rights reserved.
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Š Bista Solutions Inc.. 2017 All rights reserved.
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SuitePeople
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● Global employee record and HR reporting ● Purchase order and expense reporting self-service ● Company directory and organizational browsing ● Time-off management ● Employee self-service ● Employee Center ● Health and Safety ● Job and Position management
Employee separation Effective dating Real-time dashboards with key business metrics Compliance management and reporting HR metrics/analytics, HR roles, workflows for terminations and time-off approvals, and more than 50 out-of-the box HR reports
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Product Tour.. For Product Tour visit: https://youtu.be/6TW28rzJNcw
Why NetSuite?
With NetSuite, You Can: ● Scale With Ease: Gain the agility, flexibility and scalability your business needs to power innovation and growth. ● Gain a More Complete Picture of Your Business: Built-in business intelligence provides real-time insights into key business performance indicators for a unified view of the organization. ● Future Proof Your Organization: Bid farewell to version lock, and improve agility with software that is always current with all customizations carried forward to support your business.
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Turning to the cloud Built for the modern business Best-in-class business suite Verticalized solutions for every industry ● Fit for any size business ● Security and availability ● Invested in your success
© Bista Solutions Inc.. 2017 All rights reserved.
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Š Bista Solutions Inc.. 2017 All rights reserved.
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Why Bista Solutions?
Bista Solutions is a preferred implementation partner for Netsuite World's #1 Cloud ERP System. We at Bista provide a successful implementation track record of NetSuite which improves the business of our customers.
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Š Bista Solutions Inc.. 2017 All rights reserved.
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Glad To Take Questions..
Thank you.
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