The NetSuite Podcast

Latest Episodes:

The Superheroes of Finance: Inspector SKU Aug 09, 2021

Show notes

Learn more about Inspector SKU here: https://bit.ly/3jkNXMh

We've got another superhero in the finance universe...Inspector SKU! Content Director Barney Beal dishes the scoop on the new character, his origin story and his dedication to helping growing businesses manage their inventory accurately and efficiently (3:08). Beal also discusses some of the challenges businesses face with inventory management (3:46), and how a system like NetSuite helps in overcoming those hurdles (6:38). Then, we're joined by a real-life superhero of finance, Ansen Hatch, the Director of Finance for Chalk Couture (10:51). He recalls his own origin story and reveals his superpower ability to transition companies off of systems that aren't working for them (13:05). Hatch explains how he demonstrated that superpower with Chalk Couture (17:19), and how that decision helped the company overcome major supply chain hurdles amid the pandemic (22:23). Finally, Hatch explains why he's chosen to implement NetSuite for three different companies over the past 11 years (31:59) and concludes with what he wishes more people knew about the unsung heroes of finance (34:55).

Learn more about NetSuite 2021 Release 2 here: https://bit.ly/3kLKatJ

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

NetSuite 2021 Release 2: Online Invoicing, Flexible Inventory Allocation & More Jul 26, 2021

Show notes

Learn more about NetSuite 2021 Release 2 here: https://bit.ly/3kLKatJ

NetSuite 2021 Release 2 is rolling out! We've got a ton of new updates around increased automation and efficiencies for our customers as we continue to navigate a changing business climate. Sr. Director of Product Marketing, Lisa Schwarz, will kick things off with an overview of what's to come in 2021.2 (1:55) as well as a reminder about how releases work (6:48) and how to best prepare for them (10:10). Then, Sr. Product Marketing Manager, Scott Beaver, will unveil new financial and accounting capabilities (15:43), including online invoicing (18:05) and multi-entity accounting (20:58). Abby Jenkins, Product Marketing Manager, joins next to discuss the current state of the global supply chain (24:11) and how that will shape the 2021 holiday season (25:45). She'll then explain how NetSuite is helping customers optimize inventory and increase efficiency by allocating orders with the highest profit potential (26:37), auto-generating lot numbers and simplifying palette packing (28:32). Next, Sr. Product Marketing Manager, Marc Holliday, jumps on to reveal the SuitePeople updates that are addressing some of the biggest concerns for HR teams right now (30:58), especially around employee engagement (38:05). He'll also discuss automation for payroll processes like retirement planning (41:57). Developers' ears will perk up with our final guest, Principal Outbound Product Manager, Erik Klein, who will dive into SuiteCloud Platform updates, including SuiteTalk REST web services and added support for Microsoft's VS Code editor (43:46). He'll also explain our continued investment in internationalization (48:05) as well as cybersecurity (52:29).

Follow Us Here: 2021 Release 2 Blog: https://bit.ly/3kLKatJ SuiteWorld 2021 Registration: https://www.netsuitesuiteworld.com/

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/

How NetSuite Has Grown Since the Oracle Acquisition 5 Years Ago Jul 19, 2021

Show notes

It's been five years since Oracle acquired NetSuite, and we're looking back on just how much we've grown with Ranga Bodla, Vice President of Field Engagement and Marketing. He starts by recalling the history between NetSuite and Oracle, specifically founders Evan Goldberg and Larry Ellison (2:59), and why the acquisition was an important step for both businesses to take (4:42). Bodla then explains the ways in which we've grown with Oracle, both geographically (8:14) as well as in product development (11:35). He discusses the benefits of running on Oracle Cloud Infrastructure, or OCI (17:21), and how NetSuite customers can leverage Oracle's applications as they continue to grow (20:19). Finally, Bodla explains how our goals as a business unit have transformed over the past five years (24:16), and how Oracle will continue supporting us in helping our customers take on this new age of growth ahead (26:19).

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/

Superheroes of Finance: Forecastic Man Jul 05, 2021

Show notes

A new superhero recently joined the finance universe...Forecastic Man! On this episode, Content Director Art Wittmann will give us the inside scoop on the newest addition, his origin story, his superpowers and his life's dedication to helping growing businesses and finance teams overcome challenges around planning and forecasting (4:18). Wittmann will actually unveil some of those obstacles and how businesses can put systems like NetSuite in place to overcome them (8:10). Then, we'll hear from a real-life superhero of finance, Amanda Afeiche (13:40). She takes through her own origin story before becoming the Vice President of Finance for T3 Micro, a manufacturer of luxury hair styling tools, as well as her finance superpowers (16:53). Afeiche describes some of the challenges T3 faced as a fast-growing company (20:06) and the hurdles NetSuite helped the business overcome (23:38), especially around demand planning and forecasting (26:49). And finally, Afeiche concludes with her top advice for other superheroes of finance (34:26).

Forecastic Man Origin Story: https://bit.ly/3xciOAA

SuiteWorld '21: https://bit.ly/3ycice9

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/

Beekman 1802's Ingredients for Success? Data, Kindness and Baby Goats Jun 21, 2021

Show notes

Beekman 1802 is the world's No. 1 goat milk skincare company, and in this episode, we're going to hear how they reached this level of success. CEO Tomei Thomas starts by explaining the origin story of Beekman 1802 (2:25) before explaining the company's omnichannel business strategy (6:45) and the ingredients that have made it successful..baby goats and all (8:24)! However, the company faced plenty of challenges along the journey--especially in accessing the right data to move the needle for the business while running on spreadsheets and QuickBooks (9:50). Thomas unveils why Beekman 1802 decided to implement NetSuite for advanced data insight, flexibility and access across the organization (13:27). He then explains how the business uses the data to continuously improve the customer experience (14:58) and create efficiency throughout the supply chain (18:57). Finally, Thomas dives into Beekman 1802's recent livestreaming success (21:31), how they prepared for the influx of sales to come from it (27:17), and concludes with the company's goals for the future (28:46).

Beekman 1802 Website: https://beekman1802.com/Tomei Thomas' LinkedIn:

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/

Our First-Ever Entrepreneur in Residence Ramon Ray's Secrets to Success Jun 07, 2021

Show notes

Four-time entrepreneur and founder of Smart Hustle Media, Ramon Ray, is NetSuite's first-ever Entrepreneur in Residence! He joins this episode to explain what that means (2:13) and how it benefits all of YOU (3:22). But first, he takes us on his own career path, starting at the United Nations out of high school (5:04). He reveals how that role helped him lay the foundation for his entrepreneurial journey (11:50), and how he eventually found his passion in helping small businesses grow (16:37). He then breaks down the biggest obstacles he's seen growing businesses face (18:08) as well as the people, processes and technology that can help overcome those challenges (22:25). He'll even explain how to navigate increasing customer acquisition costs (25:03) and improve customer retention (28:03), while simultaneously building authentic connections (29:57) and avoiding the biggest mistake businesses make on social media (36:28). Tune in for all of this and more!

Ramon Ray Website: https://www.ramonray.com/LinkedIn: https://www.linkedin.com/in/ramonraysmallbiz/

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/

How Advanced Data Analytics Helps ProPoint Make More Impactful Business Decisions May 17, 2021

Show notes

Research suggests the No.1 top priority for finance leaders right now is advanced data analytics. But what does that really mean, and how can businesses leverage that to move the needle? On this episode we're chatting with someone who's done it: self-proclaimed "data geek" Cheryl Aarsvold, the VP of Finance for ProProint, a salon management software company. After providing some background on the company (1:47), she explains how the pace of change (especially over the past year) has made data analytics so crucial in faster, more impactful decision-making (3:44). And yet, many businesses struggle to extract the right information and then actually use it to their benefit (5:26). Aarsvold says, for ProPoint, implementing NetSuite and working with SuiteAnalytics workbooks helped the company overcome challenges around disparate systems and lack of visibility into critical parts of the business (9:01), enabling her to pull timely information to support big business decisions and drive growth (15:12). Furthermore, Aarsvold is able to customize that information in ways that are unique to the salon management industry with the click of a button, which she calls "magic" (18:12). Of course, being in salon management presented another unique set of challenges amid closures in 2020. Aarsvold explains how she used SuiteAnalytics to extend ProProint's cash flow runway, targeting data by state to keep up with changing regulations (23:29). Aarsvold concludes with words for finance leaders everywhere, promising that SuiteAnalytics is "everything you've wished you had all these years" (27:57).

Understanding System Integration vs. Replacement & What's Best for Your Business May 03, 2021

Show notes

It's important for growing businesses to understand when it makes sense to integrate business systems or look for replacements. So we're chatting with Jeff Smith, the founder of Catalyst, a consulting firm helping businesses get the most out of NetSuite, to provide some insight. Smith starts by recalling his prior experience using and implementing NetSuite (1:37) before diving into the lack of visibility, reporting and customization he's witnessed businesses encounter on systems like QuickBooks or Excel (9:27). In order to overcome those obstacles, Smith says businesses tend to integrate applications and systems on top of one another (11:30), leading to even more challenges (15:26). At this point, he says businesses need to consider replacing their current system for a more unified solution like NetSuite (17:26). However, not all integrations are the same, so Smith explains when it actually makes sense to integrate (20:31), and why NetSuite offers a unique platform to do so (22:22). he concludes with his advice for business leaders who believe their company isn't ready for a solution like NetSuite (25:24), and how to plan for a successful implementation (26:44).

Learn More Here: https://bit.ly/3u6R1A4

The Superheroes of Finance: Intangible Girl Apr 19, 2021

Show notes

We've announced a new member of the Superheroes of Finance: Intangible Girl. NetSuite content director, Barney Beal, joins us to dive into her origin story, superpowers and how she helps growing businesses (4:55). He also explains why accounting for intangible assets is challenging (6:25) and how automating the process with systems like NetSuite helps businesses overcome that challenge (8:17). Then, we hear from a real-life superhero of finance, Jun Feng, a controller at Contentstack. She unveils her own origin story and technology-driven superpowers (11:53) before explaining some of the systemic and operational "villains" she faced in joining Contentstack, like siloed systems, spreadsheets and lack of accurate and real-time data (18:42). Feng discusses leveraging technology like NetSuite to overcome those obstacles, automating key processes and reducing manual data entry (20:31), which has also helped in Contentstack's continued growth (27:31). Finally, Feng shares a message for the "unsung heroes" of finance and accounting, and what she wishes we all knew about teams like hers (33:55).

Learn More About Intangible Girl Here: https://bit.ly/2Q1zZoh

The Evolving Role of Accountants, Through the Lens of the CPA Exam Mar 29, 2021

Show notes

Big changes are coming to the 100+-year-old CPA exam, a sign of the evolving role of accounting and finance teams everywhere. Jennifer Bukowski, the Sr. Technical Manager for Test Development at the American Institute of Certified Public Accountants (AICPA) joins us to discuss the upcoming changes to the exam (5:40), how technology impacted those changes (8:41) and how all of this has shaped the CPA Evolution Project, which will come to fruition in 2024 and is focused on transforming the CPA licensure model to recognize the new skills and competencies required of today's accountants (13:29). Then, we'll bring on NetSuite Sr. Product Marketing Manager, Scott Beaver, to explain how the events of the past year have furthered the evolution of accounting and finance teams (20:31), how these teams have a bigger impact on decision-making than ever before (28:04) and how NetSuite plays a role in navigating all of this (29:27).

Learn More About the Evolving Role of the CFO: https://www.netsuite.com/portal/business-benchmark-brainyard/industries/articles/cfo-central/cfo-evolution.shtml

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/

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected