Software as a Service (SaaS)

BMW Oracle Racing
BMW ORACLE Racing uses NetSuite to manage all of its financial operations, including the complete team expenses leading up to the Louis Vuitton Cup and America’s Cup races. With NetSuite, the team is able to easily coordinate its accounts and payables in each of its three locations — Anacortes, Washington, USA, where the hulls are built; Valencia, Spain, where most of the team is headquartered, and Auckland, New Zealand, where a small office is based.NetSuite provides BMW ORACLE Racing sophisticated financial software to meet the needs of budget management, local tax requirements, statutory reporting and multi-currency management, allowing the business to operate in the New Zealand dollar, the US dollar and the Euro. Using NetSuite, BMW ORACLE Racing has been able to standardize business processes across its various operations improving efficiency while ensuring accurate financial reports are available in a timely fashion — something that is absolutely vital in a business that operates under tight budgetary constraints.

Additionally, the need for real-time financial reporting presented challenges for the team that were easily met with NetSuite’s advanced dashboards. The NetSuite dashboard provides senior manager a bird’s eye view of their entire business in real-time while the operations team can get specific and detailed accurate financial reporting at their fingertips at any time.

“NetSuite is our total financial package, and we use the real-time dashboards to have the numbers at our fingertips, and to prepare all of our monthly management reports at the line manager level, and our senior managers use it for overviews of the entire operation.”

— Diana Puketapu
CFO
BMW ORACLE Racing

This article brought to you by ICON Technology Solutions. Find us at www.icontsi.com. Oklahoma, Arkansas, and Kansas’ #1 solution provider of on-demand web-based CRM, ERP, and Accounting SaaS solutions.

By Neil Twa

There is a lot happening here are Revolution 2007 and we’re excited to be here. Redg and I have been taking in the sites around the San Francisco area, visiting with other solution providers at the conference and learning more about NetSuite’s new offerings.

San Francisco has put on her best face as the weather could not be better. 70 degrees, sunny and blue skies. We’ve enjoyed the conference thus far and we’re very excited to come back and share what we’ve learned with our clients.
The biggest talk of the town this week is the release of “SuiteBundler.” There is a NetSuite press release available on this site for your to learn more about SuiteBundler. As NetSuite CEO Zach Nelson stated it’s “one of the most important pieces of software written in the last decade,” and a “Holy Grail for services companies.” Basically, it means reusable NetSuite components (bundles) without modification. Creating a vertical software market becomes much more realistic with this addition and we’re already brainstorming ideas for future ICON products and services.

If anything, I’m more confident now that NetSuite is THE BEST SaaS product in the market today. If you’re reading this blog then chances are you’re probably considering (or are willing to consider) using a fully integrated application to manage your entire business - accounting, customer relationship management (CRM), order processing and invoicing, marketing, reporting, partner & vendor management, time & billing, payroll, webstore, etc. We provide such an application and we’d love to talk with you about it. Give us a call, or fill out our contact form to learn more about NetSuite.

Thanks for your time! We look forward to connecting with you soon.

This article brought to you by ICON Technology Solutions. Find us at www.icontsi.com. Oklahoma, Arkansas, and Kansas’ 1# Netsuite integrators of on-demand web-based CRM, ERP, and Accounting SaaS solutions.

By Dan Farber

Along the road to an expected IPO this year, NetSuite CEO Zack Nelson announced SuiteBundler, a new set of capabilities for building and customizing applications with the company’s software-as-a-service (SaaS) platform. The major innovation is that customizations and configurations created in one NetSuite account can be reused in another account without recoding or rewriting, Nelson said.

Read the whole article on ZDNet

This article brought to you by ICON Technology Solutions. Find us at www.icontsi.com. Oklahoma, Arkansas, and Kansas’ 1# Netsuite integrators of on-demand web-based CRM, ERP, and Accounting SaaS solutions.

By Kris Nickerson

“For many small- to medium-sized businesses, the key differentiator between their enterprises and those of large companies is their ability to deliver exceptional customer service,” says Michael Emaus, CEO of eEnterprise (www.eEnterprise.com), a division of NetSuite global reseller Skyytek Worldwide. “Yet as those businesses grow, they often find it difficult to maintain the internal communication necessary to successfully serve their customer bases. When the capability for effective customer service management erodes, so does the profitability of the enterprise.”

Read the rest of this entry »

By Kris Nickerson

“For many small- to medium-sized businesses, the key differentiator between their enterprises and those of large companies is their ability to deliver exceptional customer service,” says Michael Emaus, CEO of eEnterprise (www.eEnterprise.com), a division of NetSuite global reseller Skyytek Worldwide. “Yet as those businesses grow, they often find it difficult to maintain the internal communication necessary to successfully serve their customer bases. When the capability for effective customer service management erodes, so does the profitability of the enterprise.”

Read the rest of this entry »