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Brief profile of NetSuite and i

Brief profile of NetSuite and i



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NetSuite NetSuite Presentation Transcript

  • ADM 4301 A – Enterprise Systems Management
    Will Robertson
    September 29, 2011
  • Product
    NetSuite Financials / ERP
    Web-based “Cloud ERP”
    11 modules for Finance, Supply Chain, and HR
    Integration with CRM
    Integration with other ERPs
  • Financial Dashboards
  • Supply Chain Dashboards
  • Accounts Receivable Report
  • Company History
    Founded in 1998
    HQ in California
    1,000+ Employees
    Offices in US, Canada, Europe, and Asia
  • Management Team
    CEO, CTO, & EVP of Sales
    Previous Oracle Employees
    Previous SAP Employee
    Billy Beane, Board Member
    Oakland Athletics General Manager (Moneyball)
  • MarketShare
    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
  • Needed:
    Flexible and scalable ERP to support rapid growth
    Implemented NetSuite within 6 weeks in 5 international markets
    Replaced 100s of spreadsheets with one ERP
  • "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"
    "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,"
    Zack Nelson, CEO
  • Problems:
    Operational inefficiencies hindered ability to profit from rapid web traffic growth
    No consolidated financial information across 8 blogs and web properties
    Implemented NetSuite within 60 days
    Real-time dashboards of advertising revenues, employee information, and AR/AP
  • 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
  • Strengths and Weaknesses
    Total Cost of Ownership
    + 50% lower TCO than on-premise solution
    + No upfront capital investment
    …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”
  • 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
  • Conclusion
    100% web-based for remote access
    Fast to implement
    Lower TCO and upfront for small-medium businesses
  • Conclusion
    “To provide web-basedintegrated business systems with the power of traditional applications used by the world's largest companies, but at a fraction of the costand complexity.”