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Everything You Need to Know About a Manufacturing Enterprise Resource Planning System

The manufacturing industry is one the most complex in the world. An Enterprise Resource Planning (ERP) solution, a tool that allows you to manage a manufacturing company large or small, with one or multiple locations, is essential. Manufacturing ERP software helps manufacturers manage their supply chain, inventory, production, and other business operations like sales, financial …

NetSuite Release 2022.1 Adds Cash Flow and Project Dashboards, Warehouse Management Controls for Added Efficiencies, and More

Companies are reinventing themselves with “next normal” agile strategies to embrace pandemic-driven change with modern cloud technologies. It’s time to rethink your business from the ground up. With everything disrupted, returning to the old way of doing things means you’ll fall behind your competition. Modern enterprise resource planning (ERP) software can help you avoid the …

How to Manage Risks to Employee Mental Health in Your Business

Workplace mental health is everyone’s business. There are many mental health risks to business. It’s not just the job of HR, as mental illness and stress are more prevalent than many people realise, with one in five Australians experiencing it at some time. A Work-related mental health issue has a massive impact on health and …

5 Tips To Hunt Down The Ultimate NetSuite ERP Implementation Partner

When it comes to selecting which NetSuite Enterprise Resource Planning (ERP) solution is right for you, it’s just as important to choose the right Netsuite implementation partner. An ERP implementation can be expensive and complicated, and if a potential partner or ERP provider is pitching to you the idea that it’s not… that’s a trap. …

Fraud and Catch Weight Management with NetSuite

Food fraud can occur in any food supply chain, but the animal product supply chains and end-of-code sectors (e.g., catering, retail, foodservice) are most vulnerable. Food supply chains are increasingly globalised. Food fraud is costing foodservice and hospitality businesses billions of dollars in lost revenue. In food manufacturing, distribution, and retail, there are some aspects …

What’s New in NetSuite Materials Requirement Planning for Manufacturers

Material Requirements Planning (MRP) is a standard supply planning system used by product-based manufacturers to help businesses balance supply and demand. Supply chains are more important than ever, with this year exposing many weaknesses for many companies. To adapt to the disruptions, these businesses are re-evaluating their supply chains and adding necessary adaptations to become …

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 …

What are the differences between Xero and NetSuite?

As a small business owner when you’re growing at a rapid pace, it can be hard to keep up with everything. You might find that your processes are becoming inept, your employees are overworked utilising manual spreadsheets and workarounds to get things done due to the limitations of the existing systems. Then you find that …

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

Financial 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 …

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 …

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

miOver 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 ERP 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 …