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OneKloudX NetSuite Release 2020.2 for Not For Profits

NetSuite 2020.2 for Not for Profits Enables Accurate, Reliable Cross-Functional Data Sharing

The landscape for Australian Not-For-Profits is constantly evolving. Shifting demographics, changing regulatory requirements, reporting, and expanded funding examinations present challenges to this sector.  Successful nonprofits are those that can adapt to the demands and still deliver their services.  The recent bushfires and COVID-19 crisis have highlighted the importance of using the correct data for financial …

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Scenario Planning and Forecasting. A Must in the Current Landscape. Here’s How NetSuite Can Help.

As most financial and leadership teams will attest, forecasting under normal circumstances can be cumbersome and challenging, and in today’s current environment, it might seem even impossible. But as the economy reopens, it’s crucial for businesses to build out scenarios based on their current state and assume a wide range of outcomes, accounting for sales, …

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Multi-Subsidiary Accounting Can Be Easy

Managing the typical close process is rarely easy—data is stored in multiple systems and formats, hours are spent tracking down missing information and spreadsheet calculations must be entered into the accounting system manually. For organisations with multiple subsidiaries or independent business units, however, closing the books is even more challenging, especially if they operate in …

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3 Ways of Fine Tuning Your Planning and Budgeting Processes for 2020-21

It’s that time of year again… Budgets! As we draw closer to the beginning of the new 2020-21 financial year. Financial Planning and Analysis (FP&A) teams play a crucial role supporting major corporate decisions of the CFO, CEO, the Board of Directors and department heads. Unlike accountants who are in charge of record keeping, financial …

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What are KPI’s? How do KPI’s and Metrics make your role successful?

What are KPI’s? How do KPI’s and Metrics make your role successful? Key performance indicators (KPIs) sets a vital role in almost every organisation and every successful businesses aim to reach and even exceed their organisation goal. A KPI tracking dashboard collects, groups, organises, visualises and analyses the company’s metrics by giving an overview summary …

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Differences between Multi-Tenant and Single Tenant Cloud ERP’s

The Distinct Differences between Multi – Tenant and Single Tenant Cloud ERP’s As we have issued a discussion about the fundamental understanding of Cloud Based ERP, we were able to grasp a deeper insight and encounter different terms that define and in line to Cloud ERPs. With such thing in mind, let’s extend the definition …

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NetSuite 2019.2 – New Professional Services Features

NetSuite 2019.2 – New Professional Services Features We will be sharing with you the key new functionalities across each of the industries and what these means for you. Let’s start with the Professional Sevices industry 2019.2 major highlights – Project budgets now provides the facilities to enable the capturing, monitoring and reporting of all spends …

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How to grow your small business fast

How to Grow your Small Business Fast Everyone wants their business to succeed. But for many small business owners, success seems linked with growing larger – and the complexity that it brings, like higher head counts, rising costs, and increased operational systems. For the many founders who start their own businesses for greater freedom, this …

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WHITE PAPER: 4 Ways to Handle Growth In Your Company

WHITE PAPER: 4 Ways to Handle Growth In Your Company Click here to download your FREE White Paper. Starting a business can be hard and growing your business can be even harder. Whether it’s poor customer data, manual and broken processes, minimal operations visibility to make decisions, or keeping up with changing regulations, there is …

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