Navigating the New Lease Accounting Regulations: ASC 842 and IFRS 16

Posted by Tom Kelly, Senior Director of Product Marketing Now that public companies have adopted ASC 606 for revenue accounting and private companies are on track to do the same by the end of this year, a new accounting change is on the way that will address the way companies account for leases. These new lease accounting regulations will require strong accounting …

Empowering Manufacturers To Reach Beyond The Limitations Of QuickBooks

“NetSuite’s unified cloud-based business management suite has made a huge difference in our business and has us well-positioned for our next stage of growth.” – Bart Theilen, CFO and COO, Blue Microphones See Why Manufacturing Companies Switch From QuickBooks To Cloud Financials Massive changes are sweeping the manufacturing business landscape and are dramatically impacting manufacturers. To adapt in this dynamic …

5 Ways a Merchandise Hierarchy Helps Retailers Increase Efficiency

A merchandise hierarchy is something your customers will never see, but it is a critical tool for running an efficient, successful retail business. A merchandise hierarchy is exactly what it sounds like – it organizes retail products into a pyramid-like structure. That could start with the company name at the top, then large departments, then silhouettes and finally individual products. …

How Does Oracle Cloud Infrastructure Impact NetSuite?

Posted by Brian Chess, Global VP of Infrastructure, Security, and Compliance It’s been about two years since Oracle acquired NetSuite, and there has been a lot of positive momentum, change, and progress over the last 24 months. And while NetSuite was working on various research and development (R&D) projects well in advance of the acquisition, we’ve since added a host of …

Today, Tomorrow and the Next 20 Years for NetSuite

This year marks the 20th anniversary of NetSuite. And while a lot of things have changed since 1998, our mission hasn’t wavered: Enabling organizations to realize their vision by delivering a complete suite of applications to run their business. This is even true since the Oracle acquisition. In fact, Oracle has enabled us to focus more on our mission. Not …

Constellation Research Recognizes NetSuite as a Leader in Enterprise Cloud Finance

Industry analyst firm Constellation Research this week named Oracle NetSuite to its Q3 2018 Enterprise Cloud Finance Shortlist. NetSuite was one of seven vendors named to the list, which is compiled through conversations with early adopter clients, independent analysis, and briefings with vendors and partners. R “Ray” Wang, founder and principal analyst at Constellation and author of the report, writes: Enterprise …

Jim McGeever Reveals the Top Barrier to Growth for Any Company of Any Size

As the EVP of Oracle’s NetSuite Global Business Unit, Jim McGeever knows a thing or two about running a company. But more than that, he’s an expert in continued growth—even with a business generating over $1 billion of revenue a year. So what’s his advice when it comes to taking a company to the next level (or at least preparing …

Why Oracle Cloud Infrastructure is the Next Generation of NetSuite Service Delivery

Oracle Cloud Infrastructure blends all of the advantages of the public cloud with the control, security, and predictability of on-prem infrastructure to deliver high-performance, high availability, and cost-effective infrastructure services. Designed to take on the most demanding workloads, Oracle Cloud Infrastructure combines compute, networking, storage, database, connectivity, and governance to create a complete, reliable technology ecosystem—all in the cloud. As …

Oracle CEO Mark Hurd Talks NetSuite, Cloud and Security

SuiteWorld18 featured a number of incredible business leaders, including fashion entrepreneur Rachel Zoe, basketball legend and investor Magic Johnson, and inspiring founders like Kara Goldin the CEO of Hint. From motivating keynotes to educational breakouts, attendees came to Las Vegas this past April to learn how they can harness the power of digital technologies to break through the old constraints …