NetSuite: A Modern Cloud ERP for Medical Device Companies

With NetSuite, medical device manufacturers and distributors can quickly get their products on the market while also streamlining various business functions. NetSuite’s cloud-based technology offers a wide range of features to help medical device companies manage operations, including inventory and supply chain management, order tracking and fulfillment, financials, and analytics. NetSuite also provides an end-to-end platform for in-house and contract manufacturing, contact relationship management (CRM) and quality control.

This comprehensive suite helps medical device companies save time, money and resources while maintaining compliance with industry regulations. NetSuite is an ideal choice for medical device businesses of all sizes, from small startups to established enterprises. By harnessing the power of cloud-based technology, medical device companies can improve efficiency and simplify their business processes – ultimately leading to greater success.

Challenges Medical Device Manufacturers and Distributors Face

The medical device industry is highly regulated, making it challenging for businesses to remain compliant while also meeting customer demands. Companies must find ways to reduce costs and increase efficiency without sacrificing quality or compliance with industry standards. With NetSuite, medical device companies can gain 360-degree operational visibility into all aspects of their business, allowing them to make better-informed decisions that improve customer experience and increase profitability.

Supply Chain Optimization

One of the biggest challenges for Medical Device Companies is streamlining their supply chain to ensure that all parts of the process are managed accurately and efficiently. NetSuite’s cloud-based technology provides a comprehensive solution for streamlining supply chain management, allowing companies to track inventory and manage orders at a global scale across multiple locations. With powerful analytics tools, medical device manufacturers can quickly identify inefficiencies and make adjustments to optimize their supply chain.

Finance and Accounting Automation

NetSuite also provides powerful tools for automating finance and accounting functions. Companies can easily manage accounts payable, accounts receivable, payroll, taxes and other financial processes in one convenient place – saving time and money while ensuring compliance with industry regulations. Additionally, NetSuite’s intuitive dashboard provides insight into financial performance, allowing companies to quickly identify areas needing improvement.

Streamlining Customer Relationship Management

NetSuite’s CRM technology is designed to help medical device companies improve customer engagement and satisfaction and streamline their complex sales cycles. With powerful tools for managing existing customer relationships and new business channels, medical device businesses can easily keep track of quotes, opportunities, sales, and customer service inquiries.

Gaining Visibility Over Manufacturing (Internal and CMO)

NetSuite offers a comprehensive solution for managing in-house and contract manufacturing. Companies can easily track their production process from start to finish, ensuring that each step is completed accurately and on time. With this visibility, medical device manufacturers can quickly identify any potential bottlenecks in their manufacturing process and adjust work order plans to ensure their production line is fully optimized.

Complex Global Inventory Management

Medical Device companies exist in a global market, making effective inventory management essential for maintaining customer satisfaction. With NetSuite’s multi-site inventory functionality, companies can easily keep track of their stock across multiple locations and channels to ensure customers have access to the products they need when they need them.

Staying on Top of Quality Control

NetSuite also provides a comprehensive set of tools designed to help medical device companies stay on top of quality control. With real-time analytics and powerful reporting capabilities, companies can easily identify non-conforming products and take corrective action quickly to ensure their products are being made to the highest standards.

Remaining Compliant

NetSuite’s modern cloud software is the perfect solution for medical device companies looking to streamline their operations and increase efficiency while remaining compliant with industry regulations. With its powerful reporting and saved search capabilities, as well as a fully accessible audit trail, you can be sure that your business is continually compliant with industry standards and able to prove it to relevant authorities and governing bodies.

Benefits of NetSuite for Medical Device Companies

NetSuite provides an array of features and benefits to medical device companies, including:

  • Streamlined operations – Automate processes and eliminate manual data entry to save time and money.
  • Real-time visibility – Monitor operations in real-time to quickly identify and mitigate risks.
  • Reduced costs – Reduced overhead costs while maintaining compliance with industry regulations.
  • Improved customer satisfaction – Streamline the sales cycle to improve customer engagement and satisfaction.
  • Comprehensive analytics – Gain insight into financial performance and quality control processes.

Zanovoy are Medical Device Industry Experts

Zanovoy is a leading IT Consultancy based in New York, USA. Since 2015, we have been helping medical device companies implement NetSuite and leverage its powerful cloud-based technology. We have also created extensive enhancements to NetSuite to further align the system to the industry requirements, resulting in a modern and holistic business management platform.

With a team of experienced professionals, we provide complete implementation services from start to finish – including system selection, implementation, customization, training and ongoing support. We also offer custom development solutions tailored to your business to provide additional functionality and advantages.

We also offer comprehensive IT Managed Services, Business Transformation and Data Transformation consulting to help your company not only make the most of NetSuite but also a wide range of software solutions for the Medical Device industry, including Coupa, Gainsoft, Celigo, Adaptive Insights and Avalara.

To take your business to the next level, contact us today to discuss your medical device company’s needs and how NetSuite can help you achieve your business goals. We look forward to hearing from you.

Zanovoy takes out 2 Awards at NetSuite SuiteWorld 2022

We are thrilled to announce that Zanovoy has won 2 awards at this year’s global NetSuite SuiteWorld Partner Summit event! This is a new level of success for our team, and we are honored to have our dedication to our clients recognized at this level.

North American Emerging Markets Alliance Partner of the Year: Services

This award recognizes the NetSuite partner who has shown excellence in delivering support to service businesses, such as financial services or professional services, who are operating in an emerging market. Zanovoy was selected for our success working with customers such as Fincura, Journy, and CVC Capital Partners.

Asia Alliance Partner of the Year

This award recognizes the overall top Alliance partner for the JAPAC region. Zanovoy was selected based on our success working with customers across Asia to help them maximize their investment in NetSuite through support, managed services, and customizations. Our work with clients such as LSG Industrial & Office Products, Paymongo, and Kumu has contributed to us securing this award.

About Zanovoy:

Zanovoy is a leading provider of NetSuite solutions and services. We work with businesses of all sizes to help them get the most out of their NetSuite investment. With offices in the USA and Philippines, our team has grown globally to support the needs of our diverse and fast-growing client base.

We have gained industry expertise in a wide range of verticals including Life Sciences, Fintech, Oil & Gas, Distribution, Manufacturing, Healthcare and Crypto, NFT and Blockchain Companies. Our holistic service offerings are designed to provide our clients with a single touch point for all managed services requirements across our supported software applications which includes, NetSuite, Coupa Spend Management, Salesforce, Celigo, Avalara, and Gainsight.

Understanding the Benefits of Working with a NetSuite Managed Services Partner

When it comes to choosing a business management software suite, NetSuite is an obvious choice. With its comprehensive functionality, businesses can streamline operations, improve efficiency, and make better decisions. However, ensuring you receive the most value from your investment is essential to the success of your business.

This is where partnering with a NetSuite Managed Services provider comes in. By working with an experienced team of experts, you can be confident that your system is being used to its full potential and that you have someone on hand to offer help when needed.

Some of the benefits of working with a NetSuite Managed Services provider include:

Increased Efficiency and Productivity

A NetSuite Managed Services provider can help you get the most out of your system by optimizing your setup and providing training and support. This will often lead to increased efficiency and productivity in your business.

By investing in the continual improvement of your NetSuite solution,  you can stay ahead of the competition and maintain a high level of customer satisfaction. This will also help improve business-wide systemization and automation, leading to greater efficiencies across all departments.

Reduced Costs

A well-run NetSuite system can save your business money by improving organizational efficiency. In addition, a NetSuite Managed Services provider can help you get more out of your subscription by offering expert advice and support when needed.

This can lead to significant cost savings over time. Also, the cost of having an internal NetSuite administrator far outweighs the cost of outsourcing this function, meaning your total cost of ownership for NetSuite is reduced.

Improved Decision-Making

With a comprehensive business management suite like NetSuite, businesses can make better decisions thanks to improved access to data and analytics. A NetSuite Managed Services provider can help you make the most of this functionality, ensuring that your reporting and analytics is aligned to the needs of your business’ departments and users.

Also, by keeping your system up-to-date, you can take advantage of the latest features and functionality, which can further improve decision-making across your organization.

Ongoing System Maintenance and Support

Having someone on hand to help with system maintenance and support is essential to keeping your system running smoothly. A NetSuite Managed Services provider can help with everything from software updates to resolving technical issues.

Often problems with NetSuite can be resolved quickly and easily with the right knowledge, experience and know-how. Zanovoy’s team of expert functional and technical NetSuite consultants have many years of experience in supporting our clients.

Skilled Use of Software

In order to get the most out of your NetSuite system, you need skilled users who know how to take advantage of its many features. A NetSuite Managed Services provider can provide your team with advice on leading practices, helping you to make the most of your investment in this powerful software.

NetSuite is a complex system, and even with years of experience, there is always more to learn. By working with a NetSuite Managed Services provider, you can be sure that your team has access to the latest information and training on how to use the software.

Strategic Advice and Guidance

In order to make the most of your NetSuite system, you need to have a clear strategy for how you will use it. A NetSuite Managed Services partner can help you develop a strategic plan for using NetSuite, aligned to the needs of your business and industry and advise on how to best utilize its capabilities for your business. We can also provide guidance on how to integrate NetSuite with other systems and applications.

What Services Do NetSuite Managed Services Providers Offer?

Zanovoy offers a comprehensive list of NetSuite managed services, from Implementation and Support to Training and Optimization. We work with you to understand the specific needs of your business and tailor our services to support your organizational goals.

Our team of expert functional and technical consultants have a deep understanding of how NetSuite works and can offer best practices for using the software to support your business processes.

Remediation & Administration Support

Our support team is on hand to help with everything from system maintenance to user support. We can also offer advice on how to make the most of NetSuite’s features and functionality, helping you to get the most out of the software. We also provide guidance on best practices for using NetSuite, helping you to avoid common mistakes.

Release Management & Upgrades

Keeping your system up-to-date is essential to taking advantage of the latest features and functionality. Our team can help you plan for software updates, ensuring that you’re always ready for the latest version of NetSuite.

NetSuite Customization & Development

NetSuite is a highly customizable software, and our team can help you tailor it to the specific needs of your business. Our team has written thousands of customizations for our clients to help them align NetSuite’s functionality to the needs of their users and industry nuances.

System Integration

Integrating NetSuite with other systems and applications is essential to ensuring seamless data transference. Our team can help you plan and execute a successful integration project, ensuring that data flows smoothly between NetSuite and other systems.

Business Solution Optimization

Over time, your business will change and evolve, and so too will your NetSuite system. Our team can help you optimize your system to align with the changing needs of your business, ensuring that it continues to support your organizational goals.

Platform & Environment Architecture

Our team of technical consultants can help you design and build a NetSuite platform that is scalable, reliable, and efficient. We can also advise on how to best utilize NetSuite’s capabilities for your business, helping you to avoid common pitfalls.

NetSuite Training

Training is essential to getting the most out of NetSuite. Our team can help you develop a training plan for your users, ensuring that they are able to effectively use the software to support their workflows.

Business Process Consulting

A NetSuite Managed Services partner, like Zanovoy can help you streamline your business processes, ensuring that they are efficient and effective. We can also advise on how to best utilize NetSuite to support your business processes.

Interested In Learning More About NetSuite Managed Services?

A NetSuite Managed Services partner like Zanovoy can be an invaluable resource for your business, providing expert advice and support when needed. By working with a NetSuite Managed Services provider, you can be sure that your system is running smoothly and efficiently, and that you are getting the most out of your investment in NetSuite.

If you would like to learn more about NetSuite Managed Services, please contact us. We would be happy to discuss your specific needs and how we can help.

Take Control of Your NetSuite Account With a Managed Services Partner Dedicated to Helping You Make the Most of Your Investment

NetSuite is an outstanding cloud-based business management suite, however, due to the comprehensive modules and functionality available, managing the account from an administration perspective can sometimes become a burden to businesses of all sizes. Unless you have a team of NetSuite experts on staff, relying on a NetSuite managed services provider can streamline your account administration, reduce downtime when things go wrong, and improve your staff’s use of the system across all departments.

This article will outline some of the most common reasons our clients have reported for choosing to partner with Zanovoy for their NetSuite Managed Service needs.

We Provide 24/7 Support

NetSuite is a cloud-based business management suite, which means that it’s accessible from anywhere with an internet connection. However, this also means that if something goes wrong with your account, you may not have anyone available to help you resolve the issue right away. This is especially true for global businesses operating in different countries and time zones.

With Zanovoy as your NetSuite managed services provider, you’ll have a team of experts available 24/7/365 to help you resolve any issues that may arise. We’re here to help you get the most out of your NetSuite investment, and we’ll be there for you whenever you need us.

We Help You Maximize Your NetSuite Investment 

Not all NetSuite managed services providers are created equal. At Zanovoy, we go above and beyond to help our clients get the most out of NetSuite. We provide comprehensive support for all NetSuite modules, including Financials, Distribution, Manufacturing, CRM, eCommerce, OneWorld and more.

We’ll work with you to configure NetSuite to meet your specific business needs, and we’ll provide training and support to ensure that your staff is using the system effectively.

We Provide Proactive Maintenance and Monitoring 

We believe that prevention is the best cure, and our NetSuite managed services team takes a proactive approach to maintenance and monitoring. We’ll monitor your account for potential issues and take steps to prevent problems before they occur.

In the event that an issue does arise, we’ll work quickly to resolve the issue and get your account back up and running.

We Offer Flexible Service Packages 

At Zanovoy, we understand that businesses have different NetSuite needs. That’s why we offer flexible service packages that can be customized to meet your specific requirements.

Whether you need full-time support or just a few hours of assistance each week, we’ll work with you to create a service package that aligns to the needs of your business and users.

We Have Extensive NetSuite Experience 

When you partner with Zanovoy, you’ll be working with a team of NetSuite experts. We have over 10 years of experience working with NetSuite, and our team has the knowledge and expertise to help you make the most of your investment.

We’re dedicated to helping our clients succeed, and we’ll work with you to ensure that your NetSuite account is running smoothly and that your business is gaining the full benefit of the world’s leading Cloud ERP.

If you’re looking for a NetSuite managed services provider that can help you take control of your account, contact Zanovoy today. We’ll be happy to discuss your specific needs and create a service package that’s right for you.

We Handle all The Details so You Can Focus on Your Business 

Managing a NetSuite account is complicated and requires specialist skills and experience. When you partner with Zanovoy, you can rest assured that your account is in good hands. We take full control of your NetSuite account, ensuring that your system is configured correctly, and that automation and workflows are reducing the amount of administration required.

We also provide comprehensive user support, ensuring that your staff are using NetSuite effectively and efficiently. With Zanovoy as your managed services provider, you’ll have more time to focus on running your business, safe in the knowledge that we’re taking care of the details.

We’re Here to Help You Grow Your Business 

NetSuite is the world’s leading Cloud ERP, and it offers a wealth of features and functionality to help businesses grow. However, growing a business is not always easy, and you’ll need a partner that can provide the support and expertise you need to make the most of NetSuite.

Zanovoy has helped hundreds of businesses to scale by ensuring your system is configured correctly and by providing ongoing support and training. We’ll also offer advice on how to use NetSuite’s features to achieve your growth objectives.

We also help our clients to evaluate new features and functions as and when they become available ensuring that you are always making the most of NetSuite’s twice yearly upgrades.

Interested in Learning More About How We Can Help You Take Control Of Your NetSuite Account?

At Zanovoy, we understand that businesses have different NetSuite needs. That’s why we offer flexible service packages that can be customized to meet your specific requirements. Our managed service offerings are designed to help businesses by giving them access to highly experienced NetSuite consultants to solve a wide range of functional, workflow and reporting problems. Our team has extensive experience across many different industries including retail, wholesale/distribution, manufacturing, professional services, non-profit organizations, life sciences, pharmaceutical companies, crypto and blockchain companies, fintech and more.

If you’re looking for a NetSuite managed services provider that can help you take control of your account and grow your business, contact Zanovoy today. We’ll be happy to discuss your specific needs and create a service package that’s right for you.

Top 10 Systems Challenges for the Life Sciences Industry

Zanovoy has been working with Life Sciences companies for over 15 years, and during this time, we have seen a number of key challenges present during implementation as well as after go-live. Below we outline the top 10 challenges that our clients have faced throughout the process and how Zanovoy has solved them.

Spend Management

The life sciences industry is subject to a number of different regulatory compliance requirements, which can make it difficult to track and manage to spend. Zanovoy has extensive experience in implementing spend management solutions that help our clients to better understand and control their spending.

Coupa spend management helps life sciences companies automate the procure-to-pay process, track spending, and improve compliance. From managing budgets, payment approvals and workflows through to vendor analysis, Coupa gives Life Sciences companies the tools they need to control cash flow and optimize spending.

Unique Inventory Management Challenges 

Life sciences companies often have to manage large amounts of inventory, which can be challenging to keep track of, especially when inventory is stored across multiple locations and warehouses. Zanovoy has implemented several critical workflow automation that have helped our clients to better manage their inventory levels, including inventory balancing, streamlined inventory transfer requests, and demand and supply planning automation.

Maintaining Regulatory Compliance

Life sciences companies are subject to an increasing number of regulations from various bodies and authorities, which can make staying compliant a challenge. Zanovoy has years of experience working with regulations that life sciences companies need to adhere to. We can help you to ensure that your software solutions are helping your team follow leading practices in compliance and product reporting.

Program Management

The life sciences industry is highly competitive, and companies are under pressure to bring products to market quickly and efficiently. Program management solutions from Zanovoy can help you to better manage your product development process, track progress against milestones, and allocate resources effectively.

Programs in this industry are often large, multi-disciplinary, and involve a wide range of stakeholders, and need to be tracked with a level of granularity. Zanovoy’s Life Sciences bundles extend NetSuite’s native functionality to be able to manage Programs and Indications. We are also able to manage the automation of CRO contract management, as well as accruals, prepaid positions, and rebalances depending on the billing and delivery cycles of your program research partners.

Implementing Reporting Best Practices

Life sciences companies are required to report on various metrics, meaning a flexible and user-friendly report writing solution is key. Zanovoy has worked with our clients to develop a suite of reports that help present financial and operational data to better support decision-making across all business departments.

Ensuring Data Security

Life sciences companies often have to deal with sensitive data, making security a challenge. We work with our clients to develop custom user types across many different roles to ensure your team only has access to the information they need and that sensitive data can only be accessed with the right level of privilege in the system.

Designing Data Management Policies

The life sciences industry generates a large amount of data that needs to be carefully administered and managed in order to ensure outputs are correct and that the information and reports used to manage the business are accurate. Zanovoy’s approach to data management helps to ensure that life science businesses can make use of all data being collected.

Contract Lifecycle Management

Managing contracts in the life sciences industry can be difficult and time-consuming. Not having a system to manage contracts increases risks and exposes the business to potential legal liabilities.

Zanovoy has worked with our clients to develop a contract lifecycle management solution that is tailored to the needs of life sciences companies. The Zanovoy solution helps businesses to track and manage contracts from inception to completion and provides visibility into all aspects of the contract lifecycle.

Business Process Automation

The life sciences industry is complex, and manual processes can often be inefficient and error-prone. Over the years, we have designed and implemented a range of business process automations using NetSuite’s SuiteFlow functionality, as well as custom scripts to automate processes that are unique to a specific business requirement.

Efficient Program Management

The life sciences industry is fast-paced and constantly changing, making program management challenging. Zanovoy has created custom modules specifically for the life sciences industry to align NetSuite’s core functionality in a way that closely aligns to the unique needs of the industry.

About Zanovoy

Zanovoy is a New York-based NetSuite Alliance Partner that specializes in implementing and customizing NetSuite for businesses in the life sciences industry. We have over 15 years of experience working with companies in the life sciences industry, and our team deeply understands the unique challenges and needs of businesses in this sector.

Our team of expert consultants has helped companies in the life sciences industry to streamline their back office administration, develop efficient reporting processes, ensure data security, design comprehensive data management policies, automate business processes, and manage programs effectively.

If you are interested in learning more about how NetSuite can help your life sciences company to run more efficiently and effectively, contact us

Are you interested in learning more about NetSuite for Life Sciences Companies?

Contact us today to schedule a consultation. We would be happy to discuss your specific needs and challenges, and show you how NetSuite along with Zanovoy’s Life Sciences Modules can help your business to run more efficiently and effectively, and be ready for fast growth.

The ERP Implementation Process Explained

While implementing ERP systems, many companies make a common mistake. They assume that a new system will make processes easier when in reality they need to examine their existing processes to determine whether they will improve. For example, many companies overlook processes that are redundant and do not improve the quality of products or services. Reviewing processes and making sure they are still relevant to business objectives will help you ensure that your new ERP is a success.

Planning for ERP implementation

Before embarking on an ERP implementation, it’s important to plan carefully. An integrated system makes it easier to share data across all business units and ensures that data is always up-to-date. These advantages are particularly important for oil and gas firms, which typically have dispersed business units, complex supply chains, and increased competition.

Using an ERP system has helped many oil and gas companies manage their processes and data. According to Patricia Hewlett of Exxon Mobil, a leading oil company, ERP has enabled her company to achieve cost reduction, flexibility, and workload control.

Identifying Modules of an ERP System

The first step in an ERP implementation is to identify which modules of the system will be used. The most commonly used modules are finance, human resources, and supply chain management. Other modules that may be useful include customer relationship management (CRM), project management, and quality control.

Accounting and Finance

The finance module includes modules for accounting, accounts payable, accounts receivable, and general ledger. This module is important for tracking financial data and ensuring that all transactions are properly accounted for.

ERP & Inventory

The supply chain management module helps companies manage their inventory, including raw materials, finished goods, and components. This module is important for ensuring that materials are available when needed and that finished products are shipped to customers on time.

Human Resources

The human resources module includes modules for employee records, payroll, and benefits administration. This module is important for managing employee data and ensuring that all employees are paid correctly.

Supply Chain Management

The supply chain management module includes modules for inventory, purchasing, and warehouse management. This module is important for managing the flow of goods and materials.

CRM

The CRM module includes modules for sales force automation, marketing, and customer service. This module is important for managing customer data and tracking sales leads.

Project Management

The project management module includes modules for project planning, task tracking, and resource allocation. This module is important for managing projects and ensuring that they are completed on time and within budget.

Quality Control

The quality control module includes modules for quality assurance and quality management. This module is important for ensuring that products and services meet quality standards.

MRP

Most ERP systems also include a manufacturing execution system and advanced planning and scheduling modules. These systems work together to optimize the flow of raw materials and associated processes to meet customer demands and manufacturing schedules.

Planning for Data Migration

The next step in an ERP implementation is to plan for data migration. Data migration is the process of transferring data from one system to another. When migrating data to a new ERP system, it’s important to consider the following:

– what data needs to be migrated?

– how the data will be migrated?

– who will be responsible for migrating the data?

It’s also important to have a plan for how data will be migrated in the event of an error. Data migration can be a complex and time-consuming process, so it’s important to plan carefully.

Planning for Integration

The next step in an ERP implementation is to plan for integration. Integration is the process of connecting the various components of an ERP system. When planning for integration, it’s important to consider the following:

– how the various components will be connected.

– what data will be shared between the components?

– who will be responsible for integration?

Planning for Training

Once integrations have been mapped and planned it’s time to plan for training. Training is important for ensuring that employees are able to use the new system effectively. When planning for training, it’s important to consider the following:

– who will be responsible for training?

– what type of training will be provided?

– how will the training be delivered?

It’s also important to consider how employees will be able to access the training materials. Training can be a complex and time-consuming process, so it’s important to plan carefully.

In Summary

The article discusses the various steps that need to be taken in order to plan for an ERP implementation. These steps include planning for data migration, planning for integration, and planning for training. It’s important to plan carefully for each of these steps in order to ensure a successful ERP implementation. The ERP implementation process is a complex and multi-step process. The success of an implementation depends on careful planning and execution. By following the steps outlined in this article, you can increase the chances of success for your ERP implementation.

About Zanovoy’s NetSuite ERP Implementation Experts

Zanovoy’s NetSuite ERP Implementation Experts is a team of professionals who specialize in the implementation of NetSuite ERP. We have a proven track record of successful implementations and a commitment to customer success. Our team has the experience and expertise to help you plan, execute, and manage your NetSuite ERP implementation

Contact us today to learn more about our services.

Does it feel like your publishing agency is operating in silos? You may have a CRM to manage accounts, financial tools for accounting, and then another software for organizing sales. 

Running a media company in this fashion is putting your business on the path to distinction. The publishing industry is already in a shaky state, especially with the major shift to digital. 

But this doesn’t mean your publishing agency has to go under. You can ride the wave and even come out on top by using a cloud solution. 

NetSuite ERP combines all of your software needs into one suite — simplifying your processes and maximizing revenue. 

Here’s a closer look at why NetSuite is the answer for publishing agencies. 

No More Juggling Software Applications

It’s time to stop using spreadsheets and multiple software tools to run your business. With NetSuite, you can stop wasting resources — both money and people — on unnecessary tools and processes. 

Instead, you’ll get a unified system that manages business processes end-to-end. This includes:

  • Executing sales campaigns and measuring the results
  • Managing sales from readership subscriptions and insertion orders from advertisers
  • Tracking ads from insertion orders, fulfillment, and verification 
  • Automated invoicing based on custom billing schedules
  • Maximizing revenue and reducing churn by proactively managing subscription renewals
  • Integrating with other software tools, such as OpenAds and DoubleClick
  • Managing your financials securely (and accurately) all within NetSuite

Manage Bills and Complex Advertisement Orders

You’re going to run into complex orders that require ad placement for multiple runs or issues. With NetSuite, you can manage the orders and scheduling of ads. For instance, you can segment insertion orders into multiple line items based on the production date. 

Then the system will auto-generate estimates or sales orders for each time an advertisement runs. Invoices are also automated and sent out to clients after the campaign is over.   

Your dashboard also shows the status of insertion orders so you can see forecasts, booked ads, pending ads, and scheduled ads. Then review revenue based on sales rep or run sheets. You can even generate reports showing the status and impressions of each campaign. 

Now, this is just the tip of the iceberg of what NetSuite can do to simplify your billing process. 

Manage Your Top Two Customer Types with Ease

Publishers work with two distinct customer types — advertisers and subscribers. One needs to buy space on your publication to market their product or service. 

And the other wants to subscribe to your publication to access its content. Needless to say, it’s a lot easier to manage the two under one suite vs. a handful of tools. 

NetSuite allows you to see both types of accounts at a glance. This includes:

  • Advertising sales in real-time
  • Managing insertion orders
  • Tracking revenue (and where it stems from)
  • Data about advertising customer and agencies
  • Information about your subscribers
  • Subscriber payment histories
  • Active renewal of subscriptions

Everything’s in real-time, so you don’t miss a thing. 

Automate Your Business Processes in a Single Suite

When you opt for NetSuite, you’re getting an all-in-one suite designed specifically for your industry. It’s intelligent and fully customizable. Plus, you get a bird’s-eye view of everything going on in your agency. 

This offers enhanced control over your profit cycle, including upselling, retaining, and ad invoicing. And you’ll receive accurate reports of end-to-end processes in your agency. 

To optimize your sales cycle, all of your portal leads are automatically connected to sales reps. And the leads you generate online are directed to fulfillment and accounting — no more time-consuming paperwork.

Your publishing agency becomes unified across all departments, including sales, marketing, management, and accounting. 

With global data at your fingertips, you can make faster and better decisions for your agency. Plus, you can customize the data and metrics you track, so you’re only getting reports for the KPIs that matter the most. 

Tweak Your Software as You Go (for Cheap)

When you use on-premise IT solutions, you’re stuck with the specifications it comes with. Anytime you want to make customizations, you have to dish out a load of money for a specialist to do it for you. 

That’s not the case when you’re using NetSuite. You can quickly tweak the system as your business needs change. And it won’t cost you an arm and a leg. 

You can modify and extend NetSuite using the SuiteCloud development platform. 

Take Your Publishing Agency to the Next Level

There’s a lot of competition in the publishing business. Without a cloud ERP solution, you’re stuck using outdated software and slow manual operations. In turn, this will slow down productivity and revenue while increasing spending — not a good combination. 

Fortunately, there’s a viable solution that’s helping publishing agencies like yours succeed. 

It’s time to consider implementing NetSuite. Contact Zanovoy today to learn how we can make that happen. 

Marketing agencies have to be nimble to keep up with the ever-changing landscape. Now that everything’s going digital, agencies can no longer rely on hefty retainer fees to pay their overhead costs. 

Customers now demand real-time feedback regarding their campaigns — something that wasn’t possible over a decade ago. 

And they’re willing to pay you handsomely, but only if you prove your value. Dealing with performance-based revenue is still new to some marketing agencies. 

Those that have yet to adapt with ERP solutions are feeling it the most. But it doesn’t have to be this way for your marketing agency. 

Let’s take a look at why your marketing firm needs NetSuite ERP

Capitalize On the Digital Shift

The digital landscape can be a double-edged sword, so it’s critical to learn how to use it to your advantage. This includes using software and cloud tools (such as ERPs) to maximize the return of employee efforts. 

Trying to manage a team of designers, writers, and other marketing professionals can be time-consuming. Managing time, expenses, and billing may even seem impossible at times. 

When you don’t have a hold on this, it can be difficult to turn a profit. You need a 360-degree view of what’s happening in your marketing agency. This way, you can properly quote your clients based on historical data. 

For instance, seeing how long certain projects take, the number of employees needed for the job, and the rates charged will ensure you’re making data-driven decisions. 

This is possible to achieve when you’re using NetSuite ERP. Having access to a reliable, agile, and secure cloud platform will empower your agency to become more profitable. 

Sharpen Your Competitive Edge

You don’t want to be just another marketing agency — you want to be the marketing agency. How can you achieve this status if you’re doing what everyone else is doing?

You need a way to set yourself apart, especially in today’s saturated market. When it comes to negotiating with clients, you need insights to help you win over clients. 

NetSuite ERP enables you to do this by:

  • Giving you complete visibility of available resources and cost of past projects so you can provide accurate estimates. 
  • Generating custom quotes that meet both your client’s needs and your company’s margins. 
  • Integrating Salesforce management and marketing campaigns to drive repeat business from clients. 

This is all made possible using NetSuite’s personalized dashboards that showcase:

  • Leads and tasks
  • Costs for similar projects
  • Time taken to complete similar projects
  • Files and data from work done on similar projects

In other words, everything you need to become a driving force in your industry. 

Increase Resource Utilization (While Reducing Attrition)

NetSuite does more than help marketing agencies turn prospects into clients. When used correctly, the account and project management tools can help enhance the utilization of resources — particularly your teams. 

To become a leader in marketing, you need to achieve high utilization, low attrition, and high client satisfaction rates. You can do this by ensuring clients receive their projects on time (without going over budget). 

So how can NetSuite ERP assist with all of this? Well, it can:

  • Anticipate resource needs for a given project to ensure the best talent is assigned to the job, based on their skills, expertise, and various other factors. 
  • Offer real-time access to project status.
  • Enable team collaboration to enhance efficiency.
  • Identify potential project bottlenecks before they arise. 
  • Provide reports for time and expenses, which is accessible via mobile, online, and offline channels. 

Make Better Decisions for Your Marketing Agency

When it comes time to make tough decisions, you don’t want to rely on educated guesses. Your financial managers need to be able to make informed decisions every single time. NetSuite makes this possible with its 360-degree view of vital business metrics. 

This includes being capable of forecasting profits before bringing aboard a new client. 

By integrating NetSuite’s CRM, project management, and accounting, you’ll be able to:

  • Automate workflow
  • Quicken cash flow
  • Ensure on-time delivery of services and within budget
  • Operating globally with a platform that supports 15 languages, 170 currencies, local country tax regulations

On top of that, you’re getting a cloud-based solution, which means you can quickly integrate it into your agency. There’s no major upfront investment or maintenance like you’ll find with on-site systems. 

Then if you need NetSuite managed services, you can always reach out to Zanovoy.

Grow Your Marketing Agency with NetSuite ERP

When you adopt NetSuite ERP into your agency, you’ll have all the means necessary to achieve your goals. If you’re looking to drive more business, increase customer satisfaction, and boost profits, then you need an ERP solution. 

NetSuite is a powerful tool designed to help marketing agencies overcome common challenges. 

It’s time to stop operating reactively to the changes in your industry. Get proactive by adopting NetSuite and taking control of your agency’s future. 

The first step — contact Zanovoy to see how we can help with your NetSuite integration! 

Technology and education are now intertwined in more ways than one. Students engage institutions online, enroll online, and even take courses online. 

Managing everything virtually is a requirement if a school wants to stay up-to-date with the times and expectations of future students. 

This is why Edtech is on the rise. Managing student enrollments, communications, digital courses, finances, and other critical tasks using manual processes is outdated and time-consuming. 

Yet, using a variety of software platforms to manage it all can be costly, and it creates unnecessary silos that can lead to fragmented data. 

The solution? NetSuite. 

Here’s a look at the benefits it offers. 

Grow Your Shrinking Budget

And you’re not alone. This is a common issue among school districts that face a constant uphill battle with funding. On average, schools are spending roughly $400/student just for IT

Then others can’t afford IT projects whatsoever. At first glance, it may seem that solutions like NetSuite are out of reach. However, if you look closer, you’ll see it’s something else — they’re using outdated equipment that’s sucking their funds dry. 

By eliminating these futile platforms and integrating an ERP solution, such NetSuite, you can reduce costs and enhance efficiency.

Studies show that by outsourcing IT, schools can save upwards of 40% (compared to hiring an in-house team). 

Stabilize Your Unreliable IT Infrastructure

When you turn your institution into a digital campus, you need to ensure your IT infrastructure is reliable. Unfortunately, this isn’t always possible when you’re using outdated platforms that fail to keep up with demand. 

This leaves your students vulnerable to delays in accessing online course materials. However, updating these so-called solutions can be quite expensive. 

By upgrading to a cloud ERP, you can cut the cost of these improvements and get the IT stability your school needs.

Get a Better CRM

Today’s prospective students aren’t calling you. They’re visiting your website, chatting with online representatives, and reaching out via social media. 

This means you need a customer relationship management (CRM) system that can gather information from all sources throughout the customer lifecycle. This way, you can effectively renew, upsell, cross-sell, and support students and potential enrollees at all stages of their journey. 

Qualifying leads faster will also increase student enrollments, with the help of direct mail and email targeting. 

Increase Your Revenue

There are multiple streams of income for educational institutions. You have donors contributing funds, students paying their tuition, members paying their dues, and alumni (and others) purchasing school gear. 

With NetSuite, you can set up an e-commerce store that integrates with accounting, marketing, and order and inventory management. You’ll be able to accept payments and process orders effortlessly. 

Shipping, receiving and returns also become easier to manage when you have an ERP solution. 

Streamline Multi-Campus Operations

It’s hard enough trying to organize the processes of campuses across the city or state. Why make it more challenging by using siloed software platforms? This makes it impossible to see what’s happening from campus to campus?

NetSuite makes it so that you can manage multiple locations and subsidiaries efficiently. This includes having real-time visibility of what’s happening, and it streamlines processes implemented across schools and divisions. 

At the click of a button, you can standardize new processes everywhere at once. 

Improve Human Capital Management (HCM)

Staff members are the backbone of your organization. But you need an HR team that can effectively onboard, train, and manage personnel. With an ERP solution, you can

  • centralize safety training
  • Manage code conduct management
  • implement other processes

All the while using a single suite.

NetSuite simplifies human resources by offering vital features, including:

  • payroll
  • employee center
  • HR analytics
  • and other core HR capabilities

Get a Bird’s-Eye View of KPIs

Education is a business. And just like any other company, you have KPIs to maintain. This may include metrics for student inquiries, enrollments, marketing campaigns, revenue, etc. With the dashboard offered by NetSuite, you can keep a hawk-eye on key performance indicators for individual schools. 

Knowing which schools are struggling and which are performing optimally can help pinpoint where improvements are necessary.

Plus, you can set it up so that the data is shareable between school admin, officers, board members, and auditors. 

Access Robust Financial Management Tools

NetSuite’s dashboard goes beyond KPIs and metrics. You also have end-to-end visibility of accounts receivables and payables. Then you can eliminate bottlenecks by automating the order and cash process. 

The procure-to-pay and record-to-report processes are also seamless, along with accepting electronic payments securely. You’ll find that creating invoices is faster, thanks to its advanced revenue recognition capabilities. It can process payments for tuition, field trips, special events, and more.

Monitoring what’s coming in and out requires a robust dashboard with financial reporting. You can develop these reports and send them to key members in a jiffy. 

The real-time reporting also helps to track complex (and ever-changing) compliance rules. The goal — to ensure the best security and visible audit trails. 

To take it further, NetSuite enables you to track and report the lifecycle of assets — from acquisition to depreciation to retirement. 

Taking EdTech to the Next Level with NetSuite  

There aren’t many ERP solutions out there that streamline all of your processes. If you’re serious about improving tracking, reporting, visibility, finances, revenue, and marketing — then you need NetSuite. 

We’re helping schools combine their technologies into a single, robust platform. 

If you’d like to do the same, then reach out to Zanovoy today!

There are a lot of tough decisions you have to make when you’re running a business. Making the choice to adopt NetSuite into your processes was one. And now, you have to consider how you’ll successfully implement it throughout your organization. 

Now, NetSuite managed services are on the table — but should you get it? Or maybe you should rely on your staff instead? 

These are excellent questions, which we’ll help you to answer below. 

So let’s take a look at the benefits of using NetSuite managed services after going live. 

1. Take an Active Approach to IT Problems

The larger your company, the harder it becomes to pinpoint issues before they turn into full-blown problems. This can occur in any department — finance, IT, sales, or even HR. 

With NetSuite managed services, you always have a dedicated team of specialists who can spot and eradicate these issues fast. 

2. Get Quick Access to New Technologies

You’re too busy operating your business — as you should be. But this can put you in the position of allowing your tech to become outdated. When this happens, you risk falling behind the competition. 

You can prevent this by working with Netsuite managed services. They’ll ensure your technologies are always up-to-date and up to par with the needs of your company.

3. Save Money By Avoiding the Costs of FT Staff

At first, you may think it’s better to opt for an in-house team to manage your NetSuite implementation. However, when you factor in the costs of their annual wages, benefits, and paid time off, the price gets steep pretty fast. 

A lot of this is eliminated when you choose to outsource to NetSuite managed services. 

4. Get Peace of Mind to Focus On Your Business

There’s a lot that goes into the management of your NetSuite system. This can take your attention off of more important matters, such as growing and expanding your company.

Instead, you can have a team of experts monitoring everything so it continues to run seamlessly (along with all your business processes). 

5. Take Advantage of Cloud Solutions

You opted to integrate NetSuite into your infrastructure because it doesn’t require hardware maintenance. Plus, you can access all of your vital data in the cloud. 

But are you truly making the most of your cloud solutions? You want to ensure you’re maximizing the use of NetSuite. A qualified team will know how to optimize it to meet the needs and goals of your business. 

6. Increase Your Cost Savings (& ROI)

A lot of money goes into tech and even more goes into the issues that arise with it. Companies that don’t proactively mitigate problems before they arise will continue to hurt their finances. 

When you hire a NetSuite managed services team, you can focus more on the operations of your business without worrying about costly malfunctions. This, in turn, helps to reduce costs and boost your ROI. 

7. Get a Guaranteed Service Level Agreement

Small businesses don’t normally have the funds to hire an in-house IT team. This leaves them vulnerable to lingering tech problems that can turn into a chaotic (and expensive) situation. 

When your ERP software doesn’t run smoothly or optimally, then you’re left frantically looking for someone to help externally. But you won’t have to worry about any of this when you use NetSuite administrator services. 

You’re given a guaranteed service level agreement, which means you have access to the help you need whenever you need it. And best of all, the IT team is remote. There’s no additional office space to acquire and pay for.

Whenever something goes wrong, your NetSuite administrator will be able to take care of it from anywhere. 

8. Expert Guidance for Future Road-Mapping

After your NetSuite integration, what’s next for your business? How will you use the software to improve your business functions? Maybe you plan to use it for customer relationship management (CRM). 

Or, perhaps, you want to use all of its features across all departments. Whatever your needs, it’s good to have experts there to guide you through the process of developing a future roadmap.

This is critical because it sets the foundation needed to ensure the success of your ERP implementation, as well as your business. 

9. Receive Proactive Support

You don’t want to wait until something bad happens to reach out for support. Yet, this is the reality you face when you don’t have a proactive support team to back you up. 

With proactive support, you’re getting assistance to keep things running fluidly. Why is this essential?

Because it’s proactive — not reactive. Think of it as giving maintenance to a car. You want to provide all the support you can give it — oil, transmission fluid, gas, etc. — so that it operates accordingly. 

If you wait until the car runs out of gas to fill it up or pops a piston before giving it more oil, then this reactive. You’ll constantly face problems because you’re not actively finding ways to keep the inner workings of your business running seamlessly.

Is it Time to Get NetSuite Managed Services?

If any of the above reasons resonate with your company, then the answer should be a resounding yes. 

There’s no reason to put your business at risk of unnecessary tech issues. Nor should you overspend on an internal IT team to manage these problems. 

Businesses that want to gain a competitive edge will need solutions that can keep processes and functions well-oiled so it operates without hiccups. 

Ready to learn more about NetSuite administrator services for your ERP solution? Then it’s time to connect with our experts. 

Contact Zanovoy today to learn how we can help enhance your NetSuite implementation.

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