Here’s a quick overview of the landscape of popular proprietary ERP platforms: ERP/Accounting Software Description Suggested Minimum Revenue Suggested Minimum Employee Count Strengths Weaknesses NetSuite Cloud-based ERP with comprehensive suite of business applications $10M 20+ Scalable, flexible, customizable; strong analytics and reporting capabilities Complex to implement and use; high upfront costs Sage ERP and accounting […]
Often things that sound simple reveal themselves to be a much more complicated and a much heavier lift to accomplish in NetSuite due to limitations of native functionality. While NetSuite has the capability to do so many things, it is a bit of a dinosaur that requires some nuance and work-arounds for common user interface […]
NetSuite Reporting vs Saved Searches vs Analytics Workbooks – what do you need to understand your business data? NetSuite Reporting can be broken down into several categories from lowest to highest complexity: Financial Reporting Out-of-the-box and Customized Reports Sales Analysis Saved Searches Inventory Management SuiteAnalytics Workbook Fully Custom Suitelet SQL Reports See examples […]
About NetSuite Standard Costing When you use standard costs in NetSuite, each item has a certain cost associated with it. When you create a transaction with GL impact, the system will post the Standard Cost * Quantity to the GL account associated with the item. When the dollar amount of the transaction is different from […]
Although there are amazing NetSuite partners with great technical skill, unfortunately there are other firms that are focused on sales that may have poor development ability and leave their customers high and dry after promising the moon. Much of our consultancy work has been built on helping ‘fix’ poor implementations that other partners have performed, […]
Standard Costs vs Average Costs One of the most important decisions for manufacturing firms to make when implementing NetSuite is whether to use standard costs or average costs. Once you set the cost method of an item, you cannot change it. You must delete the item and recreate it which can be challenging if you […]
What is Costing Lot Size? Costing Lot Size affects the computation of Standard Cost for Setup Cost. When adding a Costing Lot Size above or below 1 the system uses this information to calculate what is they should be standard per Quantity. Costing Lot Size can be set up if the user uses Standard Costing […]
Our team has worked with multiple chemical manufacturing companies and have identified common issues that companies universally face. Chemical manufacturers have complex requirements that create complexity within NetSuite due to technical nuances of the ERP architecture itself. For chemical manufacturing clients, we almost universally recommend using NetSuite’s advanced manufacturing module, which provides the granularity needed […]
Tips and Tricks How to Choose The Right NetSuite Partner The Importance of Getting it Right the First Time Online it is quoted that approximately 40% of Enterprise Resource Software implementations fail. Our team was astounded by that figure – although there are always unforeseeable events that occur, causing companies themselves to go under or […]
Hi everyone! We’ve been so busy customizing bundles and building cool software for clients that we haven’t had time to say hi. A huge thank you for coming to look at our site. Since our launch last year we’ve grown to a team of 10 and have been busy helping our clients scale, optimize their […]