Best Practices for Implementing Payment Controls that Protect Accounts Payable

Fraud attempts are only getting more elaborate, especially in the world of B2B payments. Whether you are a large corporation, small business, nonprofit organization or even a political campaign, payments fraud is on the rise. The AFP’s annual survey reveals an increase in the prevalence of fraud for the fifth consecutive year, with 78 percent of businesses impacted by fraud last year. …

How Can High-growth Companies Simplify and Optimise Budgeting, Planning and Forecasting?

Jack Welch once said, “The budget is the bane of corporate America. It never should have existed. A budget is this: If you make it, you generally get a pat on the back and a few bucks. If you miss it, you get a stick in the eye – or worse.” Whilst Welch may have been right to an extent, …

How to Develop a Restaurant Fundraising Program

One of the best ways restaurant owners can connect with their local communities is by developing a restaurant fundraising program. Typically, a restaurant will donate a portion of the sales from the specified night to the organization holding the event. These fundraisers provide a variety of benefits for restaurants and local community organizations. However, restaurant owners should follow best practices …

Visibility into Your Services Organization: Do You Measure Up?

I sat down with Robert Scott, Senior Account Executive at Oracle NetSuite, to discuss the changes to the Services economy over the past decade. Scott provides insight into how Services businesses are changing and what companies should do to keep up – here are some of his thoughts: We’ve all heard the old adage about the Cobbler’s Children. In my …

Software Companies Still Navigating the New ASC 606 Standards

With the deadline passed, organizations are still using technology and automation to support ASC 606 compliance.  ASC 606, the new revenue-recognition standard, is the most significant accounting change since the introduction of Sarbanes-Oxley. One of its primary goals is to harmonize US and international revenue recognition standards under a new principals-based model, simplifying revenue recognition. What looks simple on paper …

Venture Capital vs. Private Equity Funding & How to Prepare for It

Whether you’re an entrepreneur ready to take off with your idea or a business leader guiding a startup through the trials and tribulations of growth, part of your day is undoubtedly dedicated to seeking funding and maintaining healthy relationships with investors. Plain and simple: It’s no easy feat. Thus, on this episode of “The NetSuite Podcast,” we sat down with …

When Sales get Serious: As B2C Sales Surge, elope Plans Thoughtful Growth Strategy

Here’s a quick dare. Head to www.elope.com. Search for any of this combination of the company’s custom-designed hats: the light up anglerfish jawesome hat, the racing reindeer plush helmet or the delightfully simple (and best-selling) pig kit. Now, try to not smile. Making sure no one could win that dare and that “Everybody’s Laughing on Planet Earth” (which is what “elope” …

Three Ways to Increase Your Restaurant’s Yelp Rating

Nearly half of restaurant-goers surveyed said they checked an online review before visiting a business, according to a survey by Restaurant Bistro. Although Google is gaining traction for its reviews, Yelp is still the dominant destination for restaurant reviews, so much so that the restaurant category is most commonly associated with Yelp, according to a recent post on the Yelp blog. In …

What 2019 has in Store for the Manufacturing Industry

Hayley Null, NetSuite’s Manufacturing Industry Marketing Lead, recently sat down with David Gustovich, NetSuite’s Senior Director for Global Manufacturing Center of Excellence, to discuss his thoughts on what the important trends are for the industry in 2019. Hayley Null: What do you recommend that manufacturers pay attention to in 2019? David Gustovich: Based on my research and conversations with our manufacturing customers, …

What 2019 has in Store for the Food and Beverage Industry

Hayley Null, NetSuite’s Food and Beverage Industry Marketing Lead, recently sat down with John Bek, NetSuite’s Food and Beverage Industry Principal to discuss the major trends and keys to success in the food and beverage industry in 2019. Hayley Null: What should food and beverage companies be paying attention to in 2019?  John Bek: Based on my research and conversations with food …