Posts Tagged ‘NetSuite’

Please join TMC in welcoming Tom Lewis to our Consulting Team.  Tom will be designated as a Sr. Consultant for Technology Management Concepts working on a multitude of accounts, as we take on many new projects this summer. Tom has a diverse background in Consulting and Accounting/Finance. We are estatic to have Tom join the TMC family.

Tom graduated from UCSB and has an MBA from UCLA along with his CPA. Tom has worked for a Software Consulting firm for many years doing a multitude of ERP implementations as a Project Manager.  Tom is proficient in Epicor 9, XL Connect, Microsoft Dynamics (Great Plains), J.D. Edwards, Oracle, Essbase & Oracle Analyzer, so his knowledge of the ERP industry will be valuable to our team. He is also an expert user in Excel and Microsoft Office applications. Tom will be a vital asset to TMC’s Consulting team. To see more about Tom visit his LinkedIn page here

To read the full press release, click here: http://www.prweb.com/releases/2013/5/prweb10710289.htm

Technology Management Concepts has been named to the Bob Scott’s Insights Top 100 VARs for 2013. The Top 100 are chosen from organizations specializing in the sale and implementation of Enterprise Resource Planning (ERP) and accounting software. TMC is being recognized as being a leading reseller for Microsoft Dynamics and NetSuite ERP software.

TMC is humbled to once again be named to Bob Scott’s 2013 VAR 100 List. This is a prestigious honor in the ERP Software world, as it is composed globally of the Top 100 organizations specializing in the sale and implementation of Enterprise Resource Planning and accounting software. The top 100 list of Value Added Resellers (VAR) is based solely on annual sales.

Bob Scott’s Insights provides the mid-market reselling community with news and analysis giving them insight into the issues that affect the business of resellers and vendors alike. “We want to congratulate this year’s class of Bob Scott’s Top 100 VARS,” said Bob Scott, executive editor of Bob Scott’s Insights. The selection is based on annual revenue generated by each reseller. A special report that includes names of the organizations selected for this year’s Top  VAR 100 list, ranked by revenue, is downloadable at http://www.bobscottsinsights.com.

“We are honored to be named as a Top 100 VAR from Bob Scott’s Insights again this year,” said President of TMC Jennifer Harris. “Bob Scott’s Insights Top 100 VARs is a highly respected ERP publication. Technology Management Concepts is mainly focused on their relationships with their customers and providing them exemplary service, but we are always humbled when receiving prestigious honors like being named a
Top 100 VAR.”

About Bob Scott

Bob Scott has been informing and entertaining the mid-market financial software community via his email newsletters for 13 years. He has published this information via the “Bob Scott’s Insights” newsletter and website since 2009. He has covered this market for 21 years through print and electronic publications, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and has continued to address that market as executive editor of the Progressive Accountant since 2009.

About Progressive Media Group, Inc.

Progressive Media Group (PMG) www.PMGB2B.com is a leading online media company that provides business-to-business (B2B) marketers and media planners unparalleled access to a highly qualified and engaged audience through their portfolio of lead generation programs, industry-specific Web sites, email newsletters, Web seminars, live events, podcasts, content/reviews, custom publishing and direct marketing databases focusing on the nonprofit, healthcare and accounting professionals.

Transitioning to any application suite is a complex process. And if you and your company have elected to move forward with a NetSuite implementation, there are some things you’ll probably want to keep in mind in order to ensure the transition runs as smoothly and efficiently as possible.

NetSuite is a powerful tool, but only if correctly and carefully integrated into your business.

• Prepare, Prepare, Prepare
  Smashing NetSuite into your existing inefficient workflow and chaotic environment will not single-handedly turn your business into a shining model of productivity. You’ll need to do a little spring cleaning first — double-check all of your data, back up the important stuff, work with employees on building better organizational habits, and look for ways to improve your existing work pathways. NetSuite implementation has a bigger impact when you start with a strong footing.
• Work with a NetSuite Partner
  NetSuite has a worldwide network of incredible partners with deep experience in implementing the software and working with businesses. It’s not just about the technical elements of getting everything installed — a NetSuite partner can work directly with your business and its existing practices to spot opportunities for improvement and better tailor the implementation to your specific needs. This also saves you the trouble of designating a team to the transition.
• Take it Slow
  NetSuite ERP solutions will indeed make your business more efficient, but it’s not an overnight transition. Employees need to get used to the software, workflow bugs need to be worked out and kinks need to be discovered and fixed. Be ready for a slight dip in productivity as your business flexes and adjusts to the new methods of work NetSuite brings, and don’t be surprised if it takes a few weeks or months for everyone to end up on the same page.

Changing any part of your business can feel scary. This is especially true when working with such a massive shift as will occur when you successfully implement NetSuite. But with the right approach and a little patience, you will be amazed at how NetSuite completely changes your business. www.abouttmc.com

Bob Scott’s VAR Stars 2012 Announced

Technology Management Concepts, has been selected as a member of the Bob Scott’s VAR Stars for 2012, a group of 100 organizations honored for their accomplishments in the field of midmarket financial software. This is TMC’s 4th year in a row being nominated to both Bob Scott’s Insights VAR Stars and Top 100 VAR’s. TMC is thrilled to once again be apart of such a prestigious club of VARs (Value Added Resellers).

Selecting the 2012 VAR Stars

The selection of mid-market accounting software resellers for Bob Scott’s VAR Stars rests on one basic principal: quality, not revenue, as the deciding factor in picking the 100 businesses that are selected for this honor. VARs from very small shops to the largest participants in the business have been selected in past years and in this year’s rendition. A variety of criteria go into the definition of quality including awards resellers have received from vendors, such as the Microsoft Dynamics President’s Club and Inner Circle, and the President’s Circle, Million Dollar Club and Chairman’s Club of Sage North America. Growth, leadership in the industry and development and acceptance of important software products by the resellers are all factors in the selection. There is also an effort to
represent as many software publishers as possible. There is no ranking within these 100 firms. Firms were asked to provide the number of employees and revenue. In cases in which businesses did not provide revenue, it was estimated based on the number of employees, also taking into account the general price range of the ERP applications that these firms handle. In virtually every case, resellers derive revenue from sources other than the sale of mid-market financial applications. These include infrastructure and networking services and a variety of other software products. However, all VARs considered feature accounting applications as the core around which their businesses are built.

Members of the VAR Stars were selected based on factors such growth, industry leadership and recognition, and innovation. Selection is not based on revenue and those firms chosen represent a wide range of size and many different software publishers of accounting software.

“Each year, 100 VAR Stars are picked from the best organizations that market financial software. It is always an honor to recognize those who contribute to the development of our business,” Bob Scott said.

See here for the full article and list of  Bob Scotts 2012 VAR Stars

About Bob Scott

Bob Scott has been informing and entertaining the mid-market financial software community via his email newsletters for 13 years. He has published this information via the “Bob Scott’s Insights” newsletter and website since 2009. He has covered this market for 21 years through print and electronic publications, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and has continued to address that market as executive editor of the Progressive Accountant since 2009.

About Progressive Media Group, Inc.

Progressive Media Group (PMG) www.PMGB2B.com is a leading online media company that provides business-to-business (B2B) marketers and media planners unparalleled access to a highly qualified and engaged audience through their portfolio of lead generation programs, industry-specific Web sites, email newsletters, Web seminars, live events, podcasts, content/reviews, custom publishing and direct marketing databases focusing on the nonprofit, healthcare and accounting professionals.

The Risk of Fragmentation with Cloud Silos

Without integration among cloud applications, business users may still be forced to navigate multiple applications and data repositories of data for their everyday activities—slowing down processes and reducing the agility the company needs to grow. Consider the following implications of siloed cloud applications:

• If multiple cloud applications are implemented, data fragmentation still exists. Overlapping databases must be consolidated and reconciled to create a comprehensive and consistent view. In effect, the on-premise software hairball has simply been transferred to the cloud.
• Each application has its own style of configuration. User efforts to adapt the software to their needs can be hampered as they try to keep track of multiple methods of configuration.
• Getting a comprehensive picture of how people are using the software is difficult because multiple applications must be monitored.
• End-to-end processes are difficult to manage because they must be integrated across multiple applications and databases.

One example is analysis and reporting. To achieve a reliable view of business performance, a company with six cloud providers would face a labor-intensive business intelligence task. It must pull the information from various sources, dump it into spreadsheets, and spend considerable time extracting, consolidating and ensuring integrity of data from multiple applications.

The Advantages of Integrated Cloud Applications

To avoid these limitations, it is essential to have a collection of cloud applications that are integrated around a single codebase and database, and which contain an integrated business process perspective. Characteristics of such a system include:

• ERP, CRM, HR, ecommerce, warehouse management, project management and customer service applications function atop a shared application stack and database.
• Business processes easily flow from one application and department to another—from sales quote to order, or from procurement to final vendor payment.
• A single repository for real-time reporting enables everyone to see a shared view of the business, with no need for an expensive data warehouse.
• Self-service analytics and reports can easily be customized and extended.
• The underlying platform can be easily customized to the needs of the business and its industry, and enables the application to evolve as the business changes.

An integrated cloud business suite also improves IT productivity compared to siloed cloud solutions:

• Expanded awareness: Ease of information access means that everyone can get the information they need without continually making IT requests.
• Process efficiency: Process automation flows from department to department across applications built to work together, eliminating the need for expensive and error-prone application integration work.
• Accelerated innovation: Because information and process changes can be implemented quickly, often by users themselves, line of business organizations are able to innovate themselves rather than depend wholly on IT.
• Business and IT alignment: Data and process automation can be easily delivered when and where it is needed, unfettered by technical limitations.

NetSuite Wholesale Distribution Key Benefits

• Built-in support for wholesale distribution business processes
• Real-time visibility throughout your entire organization, from sales to operations to invoicing
• Integrated business management with one complete solution, eliminating integration hassles
• Cost savings and fast ROI from reduced IT infrastructure and rapid time to market

NetSuite is the Answer!  The Question is “Who to Work With?”:

NetSuite Local Partner vs. NetSuite Direct Sales Team

Congratulations!  After a long and extensive software evaluation process, you have made the decision to deploy NetSuite.  After all, the advantages of NetSuite over its competition are significant:  One fully integrated system for CRM, Financials and eCommerce, deployed through the cloud, no more upgrade headaches, and much more.  This should mean that all of your major decisions are over, right?  RIGHT?

Not so fast.  There is still one major decision left to be made:  Whom to partner with to perform the actual implementation.  NetSuite does offer their own services team, and they will do an excellent job of deploying NetSuite.  After all, who better than the team that writes the software.  Well, this decision is a little bit more complicated than that, and there are some excellent reasons to consider working with a NetSuite partner organization.

Consider the following advantages with a NetSuite Partner:

1. 1. Deep Industry Knowledge.  Your local NetSuite partner will know your local competitive landscape, and the specific challenges that your business is facing.  This knowledge has been developed and extended over years and/or decades of providing consulting services in the local area.  Working with a NetSuite partner will ensure that you benefit from this knowledge.
2. 2. Process Oriented Consultants.  NetSuite will be able to provide a great depth of product knowledge, but it is the whole system expertise of the local NetSuite Partner that also provides the necessary process knowledge that your company needs to really benefit from the new system.
3. 3. External System Integration.  Your local NetSuite partner, having worked to integrate multiple systems together into a unified whole, that can truly deliver the full end-to-end system integration that your company needs to thrive.  The NetSuite project team only works on NetSuite, while you NetSuite partner can provide consulting expertise for your entire organization.
4. 4. Business Process Review.  Implementing a new NetSuite system, only to carry forward the inefficiencies and ineffectiveness of your existing business processes, will not meet the needs of your business.  Not today, and certainly not in the future.  Leverage the expertise of your local NetSuite partner to fully review your existing processes, and then design replacements that will truly meet the needs of your organization, your customers and your employees.

Choosing NetSuite as your new ERP system was a great choice.  Follow that decision with another great decision, and choose your local NetSuite Partner to handle the implementation of the new NetSuite system.  Take advantage of their local knowledge, end-to-end expertise and decades of consulting experience.

Technology Management Concepts has been providing the highest quality consulting services and ERP implementations for over 25 years.  TMC can deliver highly experienced Project Managers, Application Consultants and Technical Services to ensure that you get the very best results from your NetSuite implementation.

Do you remember that little cricket named Jiminy teaching you how to spell Encyclopedia? He was a real life-saver when it came to elementary spelling tests. When it came to spelling that word his little voice would pop into the subconscious and start singing: EN-CY-CLO-PED-IA. The spelling test could have been a flop, but because Encyclopedia was spelled correctly, it didn’t matter. Sadly, the massive volume hardcover encyclopedia is no longer the source of all factual information and is fast being forgotten on dusty shelves thanks to the advances of the internet.

The encyclopedia has existed for more than two-thousand years cataloging world facts and histories. The first encyclopedia, Encyclopedia Britannica, made for public consumption were published in 1768-1771. Over the years the Encyclopedia restructured itself from three volumes and one editor to several volumes and a fleet of editors.   Encyclopedias were boosted as being a lasting educational resource. To have a set of encyclopedias in your home was like having your own personal library. Unfortunately this resource of information quickly died out as technology progressed in the 20th century.

Today, we find all our answers on the web. Although informative, the internet isn’t always as correct as we hope. With certain websites claiming to have all the facts, school children might be disillusioned by what is truly fact and what is skewed information.

But you don’t have to worry about keeping your facts straight. NetSuite is the Encyclopedia equivalent to all of your business information needs. Through NetSuite Order and Quote Management your Sales Department can easily give accurate projected sales estimates .  NetSuite also offers a unique tool to help predict your clients buying habits. If your client happens to buy more of your product during May and not so much in August, NetSuite will point this out to help with your sales campaigns. An added feature also gives you better order cost accuracy by including automated tax and shipping-rate calculations. No more thumbing around for a calculator and inputing rows of numbers on a spreadsheet. NetSuite can do it all.

Don’t become outdated like the Encyclopedia. Let TMC help you upgrade your business with NetSuite and keep your business up to date.

Have you felt the need recently to play hooky from work? Maybe it snowed the night before and you simply don’t want to drive on slick roads. Or the sky too beautiful to be stuck in doors all-day staring at your computer monitor. Then there’s the ultimate, your bed telling you to return for no other reason than to spend a dreamy day curled up nice and warm. No matter what willed you to call off from work, even though nothing ailed you, you’re playing hooky. Once in a while everyone needs a hooky day, or what we now refer to as a “personal day.” It helps recharge us, and reminds us that there’s more to life than working.

Although there is no agreed upon explanation why we use the term “hooky” there are many theories floating about. One being that in the nineteenth century public schools started implementing attendance rules. It was now required that students come to classes daily. During that time the children used a slang saying “hook it”, as in to make off with or escape. So someone not attending school “hook it” for a day. Later the two words were mashed together to form hooki then hooky.

Around the same time another slang word “hook” was used. In its simple form hook meaning as in to steal, may have also contributed to the term hooky. By not attending classes, children were stealing a day off from school.

NetSuite understands the need to get away from the office now and then. NetSuite’s ERP software utilizes the newest mobile technology supporting mobile devices such as iPhone, BlackBerry and Android. You can be away from your office and still know exactly what’s going on, no matter where you are. Your sales team can also receive real-time access to the information they need. NetSuite integrates with your personal calendar keeping you undated and allowing you to accept or decline meetings on the go. Now you can play hooky and not feel guilty taking a day for yourself.

Edward Norton Lorenz, might have had butterflies in his stomach the day he attempted to describe his version of the chaos theory. Just possibly this brilliant mathematician and meteorologist secretly wanted to be an Entomologist instead, but perhaps in his youth his parents forbade him from playing with he creepy crawlies in the yard. As an adult, he found a way to fight back by using the term “The Butterfly Effect” to describe how small changes that may or might not seem related can affect the large picture.

Maybe it bugged him at night thinking about how a small creature can ultimately change the course of history. He used “The Butterfly Theory” to suggest that the wing movement from a butterfly’s wings in South America could affect the weather in Texas.  He insected…insisted that the tiniest influence on one part of a system can create a huge effect on a different part.

A deeper understanding would describe that the butterfly effect the chaos in the world. One  winged insect can ultimately cause the entire world’s destruction with one wing flap. Could you imagine what a hummingbird could do at 52 wing beats per second? It’s amazing the planet is still here.

Thankfully the world is still round and around, and there is no need to fear a butterfly. Hummingbird though… the jury’s still out on. With NetSuite OneWorld you to can expand your business globally without the chaos. With NetSuite OneWorld, your company can manage multiple locations, locally or abroad without breaking a sweat.

NetSuite OneWorld handles many of the mind boggling problems that may arise when conducting business in other countries. Can your current software convert money from Euro, to Pesos, to Yin then to American dollars seamlessly?  NetSuite OneWorld can. NetSuite OneWorld manages your operations globally and locally with multi-currency, real-time financial consolidation. You can see the bottom line without days of preparation.

Language barrier? Again not a problem. Ecommerce with NetSuite gives you the ability to communicate with multi-language web stores. Best of all everything can be managed from a NetSuite system. Just add a computer and Internet and your on your way to global success.