This document summarizes a webinar about NetSuite presented by Angela Davis and Laurence Donoghue from Net@Work. The webinar was roughly 1 hour long and included presentations on why clients choose NetSuite for end-to-end business management, the NetSuite ecosystem, platform, and cloud architecture. It also previewed NetSuite's capabilities for various business functions like order management, billing, renewals management, financial reporting, professional services automation, and technology/business intelligence. The presentation assessed clients' current and desired levels for these functions and included a "NetSuite fit" guide and time for questions.
1. Start Time: 2:00pm EST
Welcome!
Live Webinar:
Webinar Audio:
You can dial the telephone numbers located on your webinar panel.
Or listen in using your headphones or computer speakers.
3. Webinar Details
• Presentation is roughly 1 hour
• All phone lines are muted
• If anyone has questions during this webinar – please type them in your
Questions Box located at the bottom of your webinar panel
4. Why NetSuite…
We have clients (and potentialclients) asking us for a better way to
manage their business transactions “end-to-end”…
… because they find “best-of-breed” functionality harder for
them to manage across multiple departments, locations and
entities.
14. PRIORITIY MARGINAL COMPETITIVE BEST IN CLASS TRANSFORMATIVE
Selling & Order
Management
Place an order through CRM
tool
Integrate CRM with provisioning
system and accounting system
View inventory, support,
billing, collections status for
order fulfillment
One 360 degree view,
reporting, automation, full
visibility across process
Billing & Invoicing Manual in excel
Online customer portal to receive
and pay invoices
Automated subscription
billing
Line item level billing and
revenue schedules with
flexibility to accommodate
usage-based scenarios
Revenue
Recognition
Management
Manual, spreadsheet driven
Revenue recognition tracked in a
system with basic reporting
Automate handling of multi-
element arrangements
Integrated system to handle
today & tomorrow’s revenue
recognition standards,
including ASC 606
compliance, dynamic fair
value allocation, & linked
orders
Renewals
Management
Manual, time consuming,
custom for each client
Standard price book with custom
discounting, billing, and revenue
options
Upsell and co-termination
options
Automatic renewal and SAAS
metrics
Financial
Management
& Global Reporting
Receivable, payables, monthly
reporting w/ limited integration
Integrated AR, AP, GL with other
transactional integration, SQL
reports
Multi-company
management, consolidation
Real-time data and
configuration of reports, sales
tax, approval routings and
workflows
Professional
Services
Automation
Manual, spreadsheet driven,
disparate systems
Basic time tracking & project
management in disparate
systems
Automated project
management and project
accounting
Integrated project
management, project
accounting, time tracking &
resource management, with
built In forecasting & analytics
Technology &
Business
Intelligence
Platform
Fragmented systems, poor data Tools and technology buy costly
Single data model,
optimized, customization
State of the art, updates,
mobile technology, real-time
data
NetSuite Value Chain Assessment Current
HIGH
HIGH
HIGH
HIGH
HIGH
MEDIUM
HIGH
Desired
17. Thank You for Attending!
Angela Davis| Net@Work
Practice Director - NetSuite
(P) 646-517-6077
(E) adavis@netatwork.com
Contact your Net@Work Account Executive for any questions or concerns.
Or you can reach out to us via the information below!
NetSuite@NetAtWork.com