On Tuesday 26 April Cofficient were delighted to host a Cloud Business Seminar in conjunction with NetSuite.
NetSuite, the worlds number 1 cloud based ERP are arguably the most informed people to talk about cloud business and how companies might benefit from transacting more within the cloud. Some of our existing customers like Simon Community Scotland and SOI Group, as well as some businesses new to NetSuite, turned up to learn more about the benefits and to meet NetSuite MD Mark Woodhams.
Sara Goosens – NetSuite Channel Partner Manager delivered a brief and general overview of cloud, reminding everyone in the room of how common it has become to transact in the cloud using systems such as GoogleDocs, Facebook and PayPal. She also delivered a short video about how existing customers Halo expanded internationally thanks to NetSuite multinational and multicurrency capability.
Questions from the audience, about the extensibility of the software, gave MD Mark Woodhams the opportunity to talk about customers Gopro expansion from a team of 9 to a $1.4billion company with the help of NetSuite.
Cofficient also presented. Aimed at people in the audience who might be new to the concept of ERP we wanted to dispel the myth that ERP is only for big business – the advent of cloud and software as a service has put paid to that big business myth.
You can watch our short presentation here:
The session finished with a brief interview with Aspen Solutions‘ FD, Paul Harkins and the lastest business to benefit from NetSuite, implemented by Cofficient. Paul discussed the reason for the search and select process and why NetSuite won against competitors Xero, Salesforce and Sage.
Paul described how the volume of transactions increased to the point where Sage just couldn’t cope any more. The sales people were not engaging with Salesforce (which had already been put in place) because of the duplication of effort required to place orders into both CRM and Finance. Visibility of stock was becoming poor and the business had reached a critical point where change was necessary to ensure survival.
“Xero was good, but too small. Sage attempted to put 200 in the cloud but it was like closing the door after the horse had bolted. And Dynamics was too expensive”, Paul Harkins explained. “NetSuite has always been cloud and offered big finance capability, integrated with sales and inventory. Transparency for sales and stock has made a massive difference already. Now our stock isn’t locked up in orders which are not beneficial for the business. This allows us better visibility and ultimately the chance to make more profitable sales”
To talk to us about how your business could benefit from moving to NetSuite in the cloud please get in touch
Written by Emma Stewart – Sales & Marketing Director at Cofficient