Netsuite Presentation
- 1. ADM 4301 A – Enterprise Systems Management Will Robertson September 29, 2011
- 2. Product NetSuite Financials / ERP Web-based “Cloud ERP” Integration with other 11 modules for Finance, ERPs Supply Chain, and HR Integration with CRM PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 3. Financial Dashboards PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 4. Supply Chain Dashboards PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 5. Accounts Receivable Report PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 6. Company History Founded in 1998 HQ in California 1,000+ Employees Offices in US, Canada, Europe, and Asia PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 7. Management Team CEO, CTO, & EVP of Sales Previous Oracle Employees CFO Previous SAP Employee Billy Beane, Board Member Oakland Athletics General Manager (Moneyball) PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 8. Market Share Considered Tier 3 Market share in North America up by 31% Now 8th largest vendor in North America Data provided by Gartner, April 2010 – 2011 PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 9. Needed: Flexible and scalable ERP to support rapid growth Result: Implemented NetSuite within 6 weeks in 5 international markets Replaced 100s of spreadsheets with one ERP PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 10. "Groupon knew traditional pre-web ERP software would slow them down. They needed an application as fast and flexible as their business model, and that requirement led them to NetSuite" Zack Nelson, CEO "Modern companies realize that standardizing on pre- web client/server applications is no way to be successful. Groupon's decision to turn to NetSuite OneWorld for its needs is another affirmation that NetSuite is where business is going," PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 11. PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 12. Problems: Operational inefficiencies hindered ability to profit from rapid web traffic growth No consolidated financial information across 8 blogs and web properties Solution: Implemented NetSuite within 60 days Real-time dashboards of advertising revenues, employee information, and AR/AP PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 13. Strengths and Weaknesses 100% Cloud Based + Fast to deploy + Designed for easy remote access + Lower IT Costs - Data security questionable - Availability of data dependent on internet connection Limited functionality for large scale enterprises - Support for up to 2,000 users - No manufacturing module PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 14. Strengths and Weaknesses Total Cost of Ownership + 50% lower TCO than on-premise solution + No upfront capital investment Integration… …with many 3rd-party CRM and e-commerce systems …with NetSuite’s own CRM and e-commerce systems …with Tier I ERP systems TCO data from Hurwitz & Associates whitepaper (based on 100 users): “Compelling Case for Cloud Computing in SMB” PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 15. Tier I Integration Integrate with SAP or Oracle ERP Run subsidiaries on NetSuite while keeping parent company on SAP or Oracle Data integration between systems Faster implementation than a second Tier I ERP PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 16. Conclusion 100% web-based for remote access Fast to implement Lower TCO and upfront for small-medium businesses PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS
- 17. Conclusion “To provide web-based integrated business systems with the power of traditional applications used by the world's largest companies, but at a fraction of the cost and complexity.” PRODUCT – HISTORY – MARKET – CUSTOMERS - ANALYSIS