The NetSuite Podcast

Latest Episodes:

How NetSuite Can Assist in Forecasting and Scenario Planning Right Now May 12, 2020

Show notes

Nate Mariner, the Global Senior Business Manager for NetSuite Planning and Budgeting, discusses NetSuite Planning and Budgeting and why the solution's capabilities are so crucial to helping businesses navigate today's climate. After discussing his own history as a financial analyst (2:41), Mariner recalls the challenges he witnessed financial teams face around manual processes, inefficiencies and lack of flexibility (4:55). He then explains how the ever-changing landscape of a connected global world requires financial teams—across both large and small companies—to anticipate disruption (13:23). Mariner says most teams with planning and budgeting responsibilities typically struggle with disconnected systems and inefficiencies (18:18) before explaining what those teams should look for in a solution to such problems (21:17). He then dives into NetSuite Planning and Budgeting (22:52), how it offers a solution to all of the challenges discussed throughout our conversation (24:07), and what makes it stand out from competitors (26:20). He concludes with ways companies can plan around times of crisis (30:45) and what to expect from NetSuite Planning and Budgeting in the future (34:48).

Follow Us Here: More on Managing Business Right Now: https://www.netsuite.com/portal/company/business-now.shtml More on Planning and Budgeting: https://www.netsuite.com/portal/products/suitesuccess/oracle-netsuite-planning-and-budgeting.shtml

Nate Mariner LinkedIn: https://www.linkedin.com/in/natemariner/

Oracle NetSuite Facebook: https://www.facebook.com/NetSuite/ LinkedIn: https://www.linkedin.com/company/netsuite/ Twitter: https://twitter.com/NetSuiteInstagram: https://www.instagram.com/oraclenetsuite/

NetSuite 2020 Release 1: WMS Updates Help Build Supply Chain Resilience May 04, 2020

Show notes

Matt Wisner, Oracle NetSuite's Manufacturing Industry Principal in the Supply Chain Center of Excellence, walks through warehouse and supply chain management updates in NetSuite 2020 Release 1 that are crucial to building business resilience right now. Wisner takes us through his two decades of experience working in supply chain and warehouse management (2:40), noting some of the biggest challenges he witnessed companies face in those operations (5:33). He discusses the importance of implementing a warehouse management system (WMS) to provide business leaders greater control of warehouse operations as well as real-time visibility of inventory and orders (10:45), before diving into NetSuite's WMS capabilities and the value of being a true cloud solution (13:40). Wisner discusses what 2020.1 offers wholesale distribution companies as well as businesses with complex warehouse operations (20:44). He also discusses the benefits for outbound operations (25:17) and new additions to the supply chain control tower (27:28). Finally, Wisner concludes with insight into what companies can expect from NetSuite WMS and supply chain management capabilities in the future (34:38).

More on Managing Business Right Now: https://www.netsuite.com/portal/company/business-now.shtml

More on NetSuite's 20.1 Updates: https://www.netsuite.com/blog/netsuite-2020-release-1-delivers-automation-integration-and-insight-enhancements-that-will-enable-businesses-to-grow

Matt Wisner

LinkedIn: https://www.linkedin.com/in/matthewwisner/

Oracle NetSuite

Facebook: https://www.facebook.com/NetSuite/

LinkedIn: https://www.linkedin.com/company/netsuite/

Twitter: https://twitter.com/NetSuite

Instagram: https://www.instagram.com/oraclenetsuite/

NetSuite's Cash Management Capabilities Enable More Automation Mar 16, 2020

Show notes

On this episode of the NetSuite Podcast, CPA and Product Manager for Strategy, Carrie Augustine, joins us to discuss NetSuite's new rollout of cash management capabilities. She starts off by explaining some of the biggest challenges around cash management, using her own history as well as her experience with other accountants as real-life examples (3:30). Augustine dives into how those challenges affect a business' overall success (6:07) and why a cash management solution is key to overcoming those challenges (7:46). She then explains what NetSuite's new cash management capabilities bring to the table (9:31) and how those capabilities ultimately result in happier employees who are doing more tasks that actually add value to the company (14:47). Augustine concludes with the overall picture for NetSuite's cash management strategy (16:47), touching on auto cash application—including auto cash app for lockbox import—as well as payments initiated in NetSuite and cash forecasting. Tune in for all of that and more!

More on Cash Management in NetSuite 2020.1: https://www.netsuiteblogs.com/software-companies-capitalize-on-evolving-business-models-with-netsuite-2020-release-1-enhancements

Carrie Augustine LinkedIn: https://www.linkedin.com/in/carriea/

NetSuite 2020 Release 1: Automation, Integration & Insight Enhancements Mar 02, 2020

Show notes

Oracle NetSuite is currently rolling out 2020 Release 1, and Sr. Director of Product Marketing, Lisa Schwarz, joins us to dive into the details. She starts off by explaining how customers benefited from some of the new features from the 2019 Release 2 (2:40) before revealing what to expect from 20.1 (5:30). She breaks down some of the biggest updates of the new release (7:42), before unraveling both product and service-based capabilities (11:46). She then explains the best way for customers (both old and new) to prepare for the update (17:52) and gives a sneak peek into what's to come from the product team at SuiteWorld20 (22:35). Tune in for all of this and more!

2020 Release 1 Blog: https://www.netsuiteblogs.com/netsuite-2020-release-1-delivers-automation-integration-and-insight-enhancements-that-will-enable-businesses-to-grow

Lisa Schwarz LinkedIn: https://www.linkedin.com/in/lisa-schwarz-0b816b8/

Canada Grows Here: How NetSuite Enables Success for Canadian Businesses Feb 17, 2020

Show notes

Oracle NetSuite's Vice President of Sales, Aaron Mittler, discusses NetSuite's investment in Canadian business growth and success. With nearly 20 years' experience in software sales in Canada (2:43), Mittler explains why it's so appealing to start or expand a business in Canada (4:49) . He dives into the challenges specific to growing a business in the region (8:50) and how NetSuite is helping overcome those challenges (9:25), including assisting companies with IFRS accounting standards compliance, addressing the war for talent and more (11:51). In fact, NetSuite is investing in Canadian expansion more than ever before through its "Canada Grows Here" initiative, which seeks to meet companies' specific needs in the region (12:43). After noting the importance of this initiative for both businesses in the region as well as those all over the globe (15:32), Mittler dives into some of the success stories out of Canada (18:05) and the goals NetSuite continues to pursue throughout the region (21:35). Finally, he provides his biggest piece of advice for business leaders who are looking into ERP solutions (25:21) and what the future of NetSuite holds for its customers in Canada and all over the world (27:00). Tune in for all of this and more!

Canada Grows Here Webinar: https://grow.netsuite.com/LP=6424

Aaron MittlerLinkedIn: https://www.linkedin.com/in/aaronmittler/

NetSuite Helps Petshop.co.uk in a Dog-Eat-Dog World Feb 03, 2020

Show notes

Petshop.co.uk is a subscription-based home delivery pet supply company out of the U.K. On this episode, founder Adam Taylor recalls what sparked his decision to start the company (3:54) and how he turned his idea into reality (6:12). After explaining how Petshop.co.uk works (10:24), Taylor dives into some of the biggest challenges that come with this business model (13:20) and why he decided to choose Oracle NetSuite to help overcome those challenges (16:57). Today, Taylor says almost all of Petshop.co.uk runs on NetSuite (23:55), which has helped him run the company more efficiently (27:35) and allowed for the agility to continue to grow 50% year over year (30:11). He then touches on some U.K.-specific challenges (34:29) and how NetSuite addresses them (36:17), before explaining where he plans to take Petshop.co.uk in the future (37:50). Tune in now for all of this and more!

Petshop.co.uk Website: https://www.petshop.co.uk/

Adam Taylor LinkedIn: https://www.linkedin.com/in/adam-taylor-57820b1/

How NetSuite Helps MANA Nutrition Feed More Starving Children Jan 06, 2020

Show notes

MANA Nutrition is a nonprofit helping children suffering from severe acute malnutrition (SAM) by producing ready-to-use therapeutic food (RUTF). CFO Chris Whitfield discusses the organization's mission (3:54), revealing the devastating statistics around SAM (8:44) and how MANA is making a big impact (13:35). Part of the organization's ability to fuel its mission is through strategic processes in manufacturing and operations, for which it implemented Oracle NetSuite (17:14). Whitfield dives into MANA's use of NetSuite (28:06) and how it's helped the organization continue to see a 35% compound growth rate since 2013 (32:07)—meaning a greater production of RUTF and, therefore, more children's lives saved. Listen in for all of this and more.

Chris Whitfield LinkedIn: https://www.linkedin.com/in/chriswhitfield/

How Creativity Explored Built a Community for People With Disabilities Nov 25, 2019

Show notes

Creativity Explored Development Director, Megan Hover, joins this episode to discuss Oracle NetSuite's impact on the organization. Creativity Explored is a San Francisco-based nonprofit that works with more than 130 artists with developmental disabilities, providing space, supplies, professional instruction and exhibition opportunities to promote and sell their work (2:40). Hover explains the void this organization fills in the world (6:28) and why it's an important mission for both its artists and humanity (8:55). She also discusses Creativity Explored's fundraising efforts (11:34) and why leadership decided to implement Oracle NetSuite to gain real-time visibility into its financials (13:55). Hover dives into the impact NetSuite—including being a Suite Pro-Bono recipient of NetSuite—has had on the organization (18:27) and how the solution helps fuel its mission (22:45). Finally, Hover reveals her hopes for the future of Creativity Explored (29:35) and how NetSuite will help reach those goals (31:14).

Creativity Explored Website: https://www.creativityexplored.org/ Instagram: https://www.instagram.com/creativityexplored/ Facebook: https://www.facebook.com/creativityexplored Twitter: https://twitter.com/creativityxplrd

Megan Hover LinkedIn: https://www.linkedin.com/in/meganhover/

How NetSuite Unlocks Growth for Businesses in Latin America Nov 11, 2019

Show notes

Senior Director of the Latin America Division (LAD), Gustavo Moussalli, discusses Oracle NetSuite's expansion across the region. Moussalli begins by taking listeners through the evolution of his career, working with companies like Oracle and Microsoft (2:59), before explaining how he's helped lead NetSuite's expansion across LAD since joining the company in 2012 (8:40). He illuminates the importance of this expansion for all NetSuite customers (16:15) and dives into the biggest challenges companies face in the region (18:08). He reveals the goals he's set forth to solve those issues (20:31) as well as his hopes for the future of NetSuite's impact in Latin America (25:01).

Gustavo Moussalli LinkedIn: https://www.linkedin.com/in/gustavo-moussalli-717160/

Oracle NetSuite LAD Facebook: https://www.facebook.com/netsuitelatinoamerica/ LinkedIn: https://www.linkedin.com/company/netsuite/ Twitter: https://twitter.com/NetSuiteInstagram: https://www.instagram.com/oraclenetsuite/

How Duolingo Managed Complex International Growth & Doubled Revenue Oct 28, 2019

Show notes

Duolingo is the language-learning platform that's currently teaching 91 courses across 30 distinct languages to more than 300 million users all over the world (3:03). On this episode, we're joined by Duolingo's Senior Accounting Manager, Amanda Strader, who explains all that the app has to offer (5:24) as well as the secret to the app's continued success (9:05). Of course, with such exponential growth, comes some big challenges. Strader explains the company faced issues dealing with international currencies and subsidiaries as well as the overall struggle of utilizing spreadsheets to maintain finances (11:16). Thus, Duolingo chose Oracle NetSuite to help overcome those challenges (12:08) and to continue to scale with the company (13:40). Strader reveals some of Duolingo's plans for further automation and customization (15:17) and concludes with a look into the future of the language-learning app (18:21).

Learn more about how the Duolingo courses are evolving here: https://making.duolingo.com/how-are-duolingo-courses-evolving

Duolingo Website: https://www.duolingo.com/

Amanda Strader LinkedIn: https://www.linkedin.com/in/amandastrader/

Oracle NetSuite LinkedIn: https://www.linkedin.com/company/netsuite/ Facebook: https://www.facebook.com/NetSuite/ Twitter: https://twitter.com/NetSuite/ Instagram: https://www.instagram.com/oraclenetsuite/

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