More Related Content Similar to Client presentation to modalku Similar to Client presentation to modalku (20) Client presentation to modalku1. Presented by :
Pandi Indra Kurnia
Oracle Netsuite Solution
(Accounting Software)
For Modalku
NetSuite: World’s #1 Cloud ERP
2. About NetSuite: World’s #1 Cloud ERP
• Founded in 1998
• Offices in more than 15 countries
• 7000+ employees
• World’s most deployed cloud ERP Used
by 40,000+ organizations
Main Solution
3. Brief Summary
Software limitations alongside with ASEAN market for
business expanding, especially for unlimited Revenue
Recognition, forecasting & planning, financial planning
Handling multiple subsidiaries with multi-currency conversion
Needed flexibility and transparency into ERP, financial
management, reporting and analysis in the company's
subsidiaries
Migration from startup software to Microsoft Dynamics GP
failed after 12 months of significant investment in 2019
Will support for Multi-currency and multi-subsidiary support
and produce consolidated financial statements in 4 seconds,
from current 5 hours
With Automation, weekly invoicing time will be cut from 30
hours to 8 hours
Real-time consolidated view of performance across
subsidiaries
Saving over cost in server hardware, plus ongoing IT
headcount cloud system
Netsuite Benefits
Overview
The largest SME financing company in
SEA
Founded in 2016 and based in Jakarta,
Indonesia
Total employee : 800 staff
Open branch (subsidiaries) in Thailand
& Malaysia since 2019
Using basic manual accounting software
(startup software) since 2016
Challenges
4. Corporate Presentation © Prospance Inc . 2013
Financials & ERP - Features
NetSuite provides a single integrated data source for all
applications.
NetSuite OneWorld: Enables global implementation of
multiple subsidiaries covering multiple geographies in
one instance.
Multi-currency features: Enable recording of
transactions in local currencies and also reporting in
local currencies as well as in group level currencies.
Consolidation: Enables easy final consolidation of
financial statements in group currency involving account
balances in different currencies.
Multi country tax set up: NetSuite OneWorld set up
enables setting up tax schedules applicable for different
subsidiaries based on geographic locations.
Financials & ERP - Features
•Financial Management
•Financial Management
•Finance & Accounting
•Billing
•Revenue Recognition
• Revenue Recognition
• Recurring Revenue
Management
•Planning and Budgeting
•Financial Reporting
•Global Accounting & Consolidation
•Governance, Risk and Compliance
5. Corporate Presentation © Prospance Inc . 2013
Financials & ERP -Features
NetSuite streamlines back-office processes for growing and mid-size businesses. By melding Modalku business processes
together - rather than isolating them as departmental functions – Modalku can improve communication and collaboration
across all departments. NetSuite eliminates the need for data re-entry, batch downloads or data consolidation, improving
client productivity and competitive edge.
Benefits :
Reduced IT costs by 50% or more
Accelerated financial close by 20%–50%
Cut quote-to-cash cycles by 50% or more
Reduced invoicing costs by 25%–75%
Improved sales productivity up to 20%
Reduced days sales outstanding (DSO) by 10%–20%
Financials & ERP -Features
The #1 Cloud Financial Management Solution
6. Powerful Transaction Management:
Procure-to-Pay Management :
Integrates order fulfilment with inventory management and suppliers, improving efficiency at every step.
Corporate Presentation © Prospance Inc. 2013
Record to report : Net Suite provides for flexible setting up the company structure and financial segmentation along
with core accounting operations-based business processes which enables accurate and detailed reporting and dash
boards with up to date data.
Powerful Transaction Management
Order-to-Cash Management : Net Suite ERP fast tracks order-to-cash process by integrating with Net Suite CRM
capabilities or with third-party CRM system and manages lead to order processing seamlessly .
Project to Cash :
The business processes focus on the management of projects, which covers project setup and time entry. NetSuite
provides advanced capabilities that include the ability to manage expenses and billings associated to projects.
.
7. Powerful Transaction Management:
Corporate Presentation © Prospance Inc. 2013
Native Financial Management Features: Netsuite VS SAP Business One
o Accounts Payable
o Accounts Receivable
o General Ledger
o Multi-currency/multi-tax,multi-language
o Fixed Assets
o Multi-Company & Consolidation
o Revenue Recognition
o Subscription Billing
o Forecasting & Budgeting
o Financial Planning (PBCS)
o Accounts Payable
o Accounts Receivable
o General Ledger
o Multi-Currency, multi-language
o Fixed Assets
o Revenue Recognition
(limited capabilities)
o Localization
(limited capabilities)
o Budgeting
Summary :
• SAP Business One has limited capabilities for localization & revenue recognition have to add separate
license which add time and additional cost for deployment with SAP Analytics, for Netsuite no need (saving
cost)
• SAP Business One doesn’t have A Financial Budgeting & Planning platform to helps CFO with organization-
wide business planning needs covering a wide variety of financial, sales, contractual, and operational planning
tasks.
• SAP Business one doesn’t have Subscription Billing have to implement SAP Subscription
Billing (additional cost).
8. - Suggestive mode of issue resolution.
- Detailed knowledge about each net
Suite implementation and workarounds
for a client not known to Net Suite team.
- most of the resolutions point to
reference material of Net Suite support
library contents.
- No support for client specific
customisations.
- Prohibitory cost of service charges by
Net Suite Professional services Group.
- No support from accounting knowledge
perspective in ERP .
Our Value – Benefits to Customers
•Net Suite Implementation carried out by experienced core team
• Each Module headed by a Subject Matter Expert (SME)
•Minimal Implementation Costs – Emphasis on building long term relationship
•Active support in client customisation areas.
• Personalised level of support to each client as Operation support team is aware of each
implementation specifics
• Support staff understands Netsuite and Accounting
• Joint effort with end users for root cause analysis in resolving critical issues and hand holding
• Additional Online Admin help if Admin level support is availed
• Very moderate operation support costs
Corporate Presentation © Prospance Inc . 2013
Our Value – Benefits to Customers
10. Implementation schedule
Corporate Presentation © Prospance Inc . 2013
Standard Project Implementation Schedule
Projects Wk1 Wk2 Wk3 Wk4 Wk5 Wk6 Wk7 Wk8
Requirement Gathering & Sign Off
Data Collection & sign off
Desgin & Configuration
User Training
System Testing
Data migration & GO LIVE
Warranty Support
Implementation
highlights
Standard
Implementation
Schedule
• Modalku Financial Net Suite Module implementation will be done in a time
period of 6 weeks for Financial accounting
• Two (2) weeks of warranty support is provided post GO-LIVE to address end
user issues.
• Two (2) weeks of training provided to customers
Implementation schedule
Operation Support
& SLA terms
• Operations support will be provided 24 *5 during working days.
• Case /Defect will be responded based on level of service purchased.
Editor's Notes DIRECTIONS:
Sales should put in the name of the prospect as the SUBTITLE (below “Where Business is Going”)