By Shalini Srivastava, Consultant

Posted on June 26, 2020.

Google Maps have made it simpler and faster for us to explore the globe than ever before. Using Google Maps, we can search satellite images, aerial photography, watch street maps, get full 360 ° street views, get real-time traffic conditions, plan better, and more.Google Maps can then prove to be a solid partner when it comes to business management and optimization. NetSuite understands the importance of Google Maps for business, and that's why you can now integrate Google Maps seamlessly into your existing framework and make your business easily accessible to your customers and your supply chain more efficient.

Tips to preserve financially stable company during a Coronavirus pandemic

By Durgesh Soni ,Technical Consultant

Posted on May 29, 2020.

The Coronavirus pandemic has devastated various economies across the globe. In some cases, the virus is slowing, but it will take a long time for economic recovery for many countries and thus companies. In recent times many well-known brands had to file for bankruptcy and so many others had to layoff team members. There also looms the threat of a resurgence of the virus and increase in infections in the fall. Considering so many unknowns, businesses have to agile and strategize to preserve their financial stability.

Paycheck Protection Program Loan Accounting

Posted on May 12, 2020.

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.
SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.

A Guide to NetSuite – Licensing, Versions and Editions

By Tanuja Srivastava ,Technical Consultant

Posted on May 1, 2020.

When planning to incorporate NetSuite Enterprise Resource Planning (ERP) software, companies frequently get overwhelmed with a plethora of queries. The questions always begin with "How much does NetSuite cost? "And" What are the benefits of buying it?”. These kinds of questions also cause small and medium-sized businesses to hesitate to incorporate ERP systems into their business processes.

Managing Business Uncertainty

Posted on April 17, 2020.

Steering a company during uncertain times requires an analytical approach with an emphasis on visibility, control and agility.

You need visibility into cash flow, receivables, projects, inventory and operational risks. You need prudent advice, a list of potential sources of capital and a single-minded forward-focus. With so many critical decisions to make, you need the right numbers, and you need them right now.

Upgrade from QuickBooks to NetSuite: A way to develop your enterprise

By Shalini Srivastava ,Functional Consultant

Posted on March 20, 2020.

If your growing company is experiencing pains where QuickBooks may limit your business growth, it is time to consider NetSuite's cloud-based products and service. Accounting software plays a central part in overseeing trade records. QuickBooks, which is simple and basic bookkeeping software, is commonly used by small business organizations. As your company grows, you need to consider moving from QuickBooks to NetSuite, a web-based application, to attain unending openings for your commerce.

How Secure Is Your Company’s Financial Data?

By Inah Maria Cristina Bejec ,FP&A Functional Consultant

Posted on February 10, 2020.

About a decade ago, financial data was confined in office premises. The word 'Cloud' was regarded as unstable and insecure. No one dared to get into the Cloud. But the world evolved and Cloud became the most sought-after infrastructure. Now, everyone is in the Cloud. When the world is at your fingertips, how do you ensure that your data is not compromised?

Product Alert: Upaya Vendor Payment Fee

By Inah Maria Cristina Bejec ,FP&A Functional Consultant

Posted on February 03, 2020.

Upaya’s goal is to delight our clients by helping them make the most of what NetSuite can do. Upaya has been creating a lot of products to automate manual processes. Our latest product, which is Upaya Vendor Payment Fee, does just that. It automates the recording of associated fees, like wire fee, when sending payment to the vendor. When a bill is created in NetSuite and will be paid via wire transfer, there is an equivalent wire fee. Under normal circumstances, the journal entry to record the wire fee is a separate line item when the bill is paid. This is ideal if you have one or two bills payment to process. But what if you have a lot? Then it will become tedious and cumbersome to do that.

5 Reasons Why Oracle NetSuite will still be the Market Leader in 2020

By Tanuja Srivastava,Technical Consultant

Posted on January 03, 2020.

Oracle-NetSuite is a cloud based software system that enables you to streamline and extend your business processes. In real-time, our customers can manage their entire business anywhere anytime with internet connection and just a single sign on. Oracle NetSuite is the No.1 cloud-based business ERP system. Here are the five reasons why we think NetSuite will also remain the market leader in 2020!

NetSuite Helps Software Companies to Make BetterChoices: Faster and Seamlessly

By Tanuja Srivastava,Technical Consultant

Posted on December 16, 2019.

A software company's USP is its decision-making ability, faster. In the cut-throat competitive world of computers and apps, a company makes those tiny choices on a daily basis that can prove to be the difference between success and failure. Australia tax rates have been updated, but with customers in Germany, you are based in Canada. How quick are you going to update your systems?

Key forecasts in 2020 for the ERP software industry

By Tanuja Srivastava,Technical Consultant

Posted on December 04, 2019.

Enterprise Resource Planning (ERP) is an interactive system to help improve business processes like sales, accounting, human resources, supply chain, procurement, etc. A good ERP software can do amazing things for your business and helps employees become more efficient by automating long office tasks. Simply put, the ERP program eliminates time wastage by making effective decisions that are based entirely on real-time analysis.

NetSuite ARM Module: Benefits For Better Revenue Recognition

By Tanuja Srivastava,Technical Consultant

Posted on November 15, 2019.

Business volatility causes owners to worry about income control. If you're doing an almost steady production business, then revenue management can be set aside. But none of the businesses are running this way. In addition to managing your finances, a revenue management strategy helps to build potential plans that will produce more business.

Upaya’s New Product: “Shared Vendor Bill” helps Multi Subsidiary Companies Overcome Obstacles of Intercompany Transactions

By Inah Maria Cristina Bejec

Posted on November 08, 2019.

Organizations with multiple subsidiaries face challenges with regards to their intercompany transactions. Elimination is one of them. But there is also the tedious process of allocating shared expenses between parent and children. This is why Upaya created a product called Shared Vendor Bill Allocation.

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