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Robert Jurcec

What is new in the NetSuite 2021.2 Update?

Every year Oracle NetSuite releases two major upgrades to improve and enhance the functionality of their NetSuite enterprise resource planning system, here are some key insights into NetSuite 2021.2. Get an Insight of the NetSuite 2021.2 Release ABN and NZBN Verification Warning ANZ Localization adds the ABN Verification Warnings preference on the ANZ Localization Preferences …

OneKloudX Announces ELMO Cloud HR and Payroll Gold Partner Status

OneKloudX is pleased to announce that in recognition of its efforts it has been awarded ELMO Cloud HR and Payroll Gold Partner status. Elmo Software has a policy of strictly assessing all of their partners against a number of criteria before any certification is awarded. To attain Gold Status, partners must have delivered significant successful …

Australian Manufacturers Can Move Closer to Autonomous Supply Chains with NetSuite 2021.1

Australia’s manufacturing sector is leading the way out of the pandemic, and they are doing it by using digital technology to drive manufacturing and supply chain efficiencies. The impact from COVID-19, has forced business leaders to work harder than ever to meet demand and stay ahead of emerging threats.  As a result, this sense of …

NetSuite Release 2021.1 Release Enhancements

Accounting The following accounting features have been enhanced in the NetSuite ERP 2021.1 Release: Advanced Numbering The new NetSuite Advanced Numbering feature enables you to create flexible, multi-use numbering sequences that accommodate multiple country and regional application for the countries you are conducting business in.  The creation of multiple complex numbering sequences for each type …

NetSuite 2021.1 Release Increases Automation and Intelligence to Boost the Growing SaaS Business Models for Software Companies

Analysis from IDC predicts that over the next five years, 80% of enterprises will shift to cloud-centric infrastructure and applications twice as fast as before the pandemic. This shift is creating unprecedented opportunities for software companies. Software-as-a-Service has changed the way businesses acquire and use software. Using this business model, on-demand applications are hosted by …

NetSuite 2021.1 for NonProfits Gives Improved Planning, Budgeting and Cost Control Capabilites

There is no doubt that last year’s bushfires and global pandemic were challenging for many nonprofit organisations. In the wake of these events, many Not For Profits have had to contend with operational disruptions caused by changes in how, when, and where they work. Donations have fallen short of their targets, and fundraising events have …

How to Adapt to the Digital Future for the Not-For-Profit Sector

Nonprofit organisations are under increasing pressure to innovate to generate better outcomes for their customers, clients, and the communities they support. Throughout the unprecedented times of the pandemic, the nonprofit sector has realised the need to innovate their fundraising activities and management, admitting they are now forced into harnessing the power of digital technology and …

High-Stakes Decisions: Reputation and Risk Management for Non-Profits

The COVID-19 pandemic has led to every business needing to review the way their company operates currently and how it may be required to work in the future. Not-For-Profit organisations need to manage risk or risk their reputation. Not-For-Profits are particularly vulnerable to reputation damage if they mismanage funds they receive from donations and grants.    …

NetSuite ERP 2020 Release 2 Helps Professional Services Prepare for Change and Manage Hybrid Workforce Models

Over recent years, Professional Service firms including Netsuite partners, faced continuous challenges to long, complex projects from increasing competition and changing client requirements. Like every business, Professional Services firms are looking to reduce operational costs while increasing their bottom line.  To achieve these goals, the elimination of manual data entries, disparate project management systems, information …

Manufacturers Build Resilient Supply Chains With NetSuite 2020.2

The recent Australian and global crises have seen supply chains disrupted in many ways which has resulted in manufacturers forced to find new suppliers and analysing their entire supply chain processes and their suppliers’ supply chains.  In the meantime, they have been battling to meet demands and forecast in such dynamic and evolving environments. The …

6 Risks Facing Businesses with Legacy Systems

“We’re going to ‘sweat’ our asset a little longer”. This is a phrase that is often spoken by management when considering an organisation’s existing software systems. An initial investment has been made in a solution, and now, when faced with upgrading or replacing it for a better outcome, the business decides to hold off, rather …

Data Integrity And The Five Rights of Data

A few years ago, I worked with large organisations in the Public and Private sector looking to develop data integrity inside applications to better utilise and surface their data for customer, and employee, operations. In observing Executive teams and stakeholder groups grapple with what data to surface, I coined the term ‘The 5 Rights of …

NetSuite 2020 Release 2 Helps Wholesale Distributors Fortify Warehouse and Ecommerce Operations

Many Australian businesses rely on wholesale distributors to represent their business internationally, while many international businesses have appointed wholesale distributors for their ANZ market representation. Efficient warehouse operations is one of the key differentiators for wholesale distributors and solving core challenges can impact in delivering operational excellence.  Many distributors are battling with ineffective supply chains, …

NetSuite 2020.2 for IT Services and Software Companies Improves Subscription Management

IT Services and Software companies can now manage their subscription billings, reduce costs, and improve efficiencies with NetSuite 2020.2 Release. For many software companies managing subscription-based finances has always been, and continues to be a cumbersome process, often it’s a manual operation. The pandemic has resulted in bringing opportunities for IT Services and Software businesses …

Why Good Financial Management Is Essential For Not-For-Profit Organisations

With all the nonprofit challenges in 2020, it’s easy to panic when it comes to nonprofit financial management during the coronavirus pandemic. With the situation changing almost daily, it’s hard to look to the future with any level of certainty. But if there’s anything 2020 has taught us, it’s that good financial management is essential …