NetSuite

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Brief profile of NetSuite and i

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NetSuite

  1. 1. ADM 4301 A – Enterprise Systems Management<br />Will Robertson<br />September 29, 2011<br />
  2. 2. Product<br />NetSuite Financials / ERP<br />Web-based “Cloud ERP”<br />11 modules for Finance, Supply Chain, and HR<br />Integration with CRM<br />Integration with other ERPs<br />
  3. 3. Financial Dashboards<br />
  4. 4. Supply Chain Dashboards<br />
  5. 5. Accounts Receivable Report<br />
  6. 6. Company History<br />Founded in 1998<br />HQ in California<br />1,000+ Employees<br />Offices in US, Canada, Europe, and Asia<br />
  7. 7. Management Team<br />CEO, CTO, & EVP of Sales<br />Previous Oracle Employees<br />CFO<br />Previous SAP Employee<br />Billy Beane, Board Member<br />Oakland Athletics General Manager (Moneyball)<br />
  8. 8. MarketShare<br />Considered Tier 3<br />Market share in North America up by 31%<br />Now 8th largest vendor in North America<br />Data provided by Gartner, April 2010 – 2011<br />
  9. 9. Needed:<br />Flexible and scalable ERP to support rapid growth<br />Result:<br />Implemented NetSuite within 6 weeks in 5 international markets<br />Replaced 100s of spreadsheets with one ERP<br />
  10. 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" <br />"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,"<br />Zack Nelson, CEO<br />
  11. 11.
  12. 12. Problems:<br />Operational inefficiencies hindered ability to profit from rapid web traffic growth<br />No consolidated financial information across 8 blogs and web properties<br />Solution:<br />Implemented NetSuite within 60 days<br />Real-time dashboards of advertising revenues, employee information, and AR/AP<br />
  13. 13. Strengths and Weaknesses<br />100% Cloud Based<br />+ Fast to deploy<br />+ Designed for easy remote access<br />+ Lower IT Costs<br />- Data security questionable<br />- Availability of data dependent on <br />internet connection<br />Limited functionality for large scale enterprises<br />- Support for up to 2,000 users<br />- No manufacturing module<br />
  14. 14. Strengths and Weaknesses<br />Total Cost of Ownership<br />+ 50% lower TCO than on-premise solution<br />+ No upfront capital investment<br />Integration…<br />…with many 3rd-party CRM and e-commerce systems<br />…with NetSuite’s own CRM and e-commerce systems<br />…with Tier I ERP systems<br />TCO data from Hurwitz & Associates whitepaper (based on 100 users): “Compelling Case for Cloud Computing in SMB”<br />
  15. 15. Tier I Integration<br />Integrate with SAP or Oracle ERP<br />Run subsidiaries on NetSuite while keeping parent company on SAP or Oracle<br />Data integration between systems<br />Faster implementation than a second Tier I ERP<br />
  16. 16. Conclusion<br />100% web-based for remote access<br />Fast to implement<br />Lower TCO and upfront for small-medium businesses<br />
  17. 17. Conclusion<br />“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.”<br />

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