Business Transformation with Cloud ERP

Business Transformation with Cloud ERP

This article was originally published by Oracle NetSuite. To read the original content, click here.

 

When a prospective customer running QuickBooks, spreadsheets and/or on-premise ERP gets in touch with NetSuite, we always ask the business and IT challenges they face. The answers vary by industry, but several themes are common:

Limited visibility into key business metrics

Poor productivity from manual data management across disparate systems

Lengthy and error-prone financial close processes

Limitations on ability to grow into new markets

Inconsistent data on customers, suppliers and products with no single view

And then, the kicker: They haven’t upgraded their ERP package in years because they know it will be a risky and time-consuming ordeal that will require huge investments in IT resources and software licensing. They know they need to transform their businesses, or risk falling behind the competition. So they called NetSuite.

Cloud ERP is the catalyst for business transformation. We saw the results at our SuiteWorld user conference in May, where many of the more than 3,300 attendees had experienced profound improvements in efficiency and productivity after abandoning their Stone Age systems. One cloud computing expert, Michael Krigsman, CEO of the consulting and research firm Asuret, identifies the five key benefits of cloud ERP as:

  • Business process improvement
  • Global, single version of truth
  • Efficient IT
  • Agility and flexibility
  • Simplified implementation

Underpinning those benefits, according to Krigsman, are reduced IT costs because cloud ERP requires no servers or storage, implementations are typically small and iterative, personnel costs for IT infrastructure are avoided and support and maintenance are generally unnecessary.

Michael drills down into how cloud ERP is revolutionizing business in a new white paper, Business Transformation with Cloud ERP, which is available for download here. It’s a good overview that outlines key considerations for transitioning to cloud ERP. As Michael writes:

“…(ERP) promises to help organizations improve efficiency and productivity across almost every department and business function. Great things happen to business processes when an entire organization shares a single system that always contains accurate, up-to-date information. By combining ERP with cloud computing, you can realize all these benefits more quickly while lowering IT infrastructure costs.”

Funny thing about those five challenges we always hear about from prospective customers. Once they get on board with NetSuite, we never hear about such problems again. What we do hear about from customers is business transformation. You can hear them too at our collection of customer videos on YouTube.

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Steve’s been with SMB Suite since 1998 and has been involved with nearly every aspects of the Company’s business as a strategist, professional services executive, cloud solutions architect, and senior consultant. In his current role, Steve is responsible for SMB Suite’s revenue and oversees the execution of ERP, CRM and BI projects for customers across a broad range of industries. Steve combines his expertise in MS Dynamics GP, CRM and other Microsoft products with a strong foundation in accounting and business to identify gaps and streamline customers’ processes. Prior to co-founding SMB Suite, Steve was previously Corporate Controller for MEHLE Behr and, prior to that, Audit Senior for Ernst & Young. Steve holds a Bachelor of Business Administration degree from the University of Texas at Arlington.

Jeremy is responsible for SMB Suite’s technology vision, strategy and implementation and is the architect of the Company’s Dynamics Cloud Platform. Highly adept in every facet of managed services, ERP systems and e-commerce platforms, Jeremy’s expertise spans the implementation and support of business and financial software solutions, as well as the customization and integration of SMB Suite’s cloud ERP technology stack. He holds numerous Microsoft and industry-related certifications, and was primarily responsible for designing the Company’s progressive business services platform in the early days of the Cloud. Prior to SMB Suite, Jeremy served as the financial analyst, systems administrator, and information systems liaison for a $2 billion financial services corporation.

Monty is responsible for SMB Suite’s day-to-day operation and, most importantly, its customers. As a leader, motivator and mentor, Monty creates loyal high performance teams willing to “walk through walls” to accomplish their goals. Prior to SMB Suite, Monty served as President of The Bradshaw Group (TBG), a global distributor, manufacturer, and repair facility for digital printers. In this role, he was the Company’s ambassador to its most important domestic, European and Latin American customers and TBG achieved a best-in-class Net Promoter Score of 74 for its superb customer satisfaction. Prior to TBG, Monty served as the General Manager of Sam’s Clubs three highest grossing U.S. stores and was named Regional Operator of the Year in 1999. Monty holds a BBA in Marketing from Texas Tech University and is an active member of Business Navigators. He has been active in Vistage International, Executives in Action, the Dallas/Fort Worth Retail Executives Association, as well as, A.P.I.C.S., the leading professional association for supply chain and operations management. Monty also volunteers with Hunger Busters and ManeGait, a therapeutic horsemanship organization.

David is a proven financial and information technology professional with expertise in providing business accounting software and computing solutions. He began his career by starting and managing a successful independent consulting practice for several years. He then launched the local systems consulting unit of Ernst & Young’s Entrepreneurial Services Group, leading the office into the hi-tech consulting arena. After successfully developing the unit for Ernst & Young, David founded NextCorp (which became SMB Suite in 2013) to serve the business software needs of clients throughout the US. David has made SMB Suite one of the best cloud ERP providers in the industry. In addition to being a successful entrepreneur and leader, he is a software and technology specialist, holding certifications in various Microsoft and other technologies.

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