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Going Green: How the Carbon Sequestration and ESG Industry are Benefitting from NetSuite ERP

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Going Green: How the Carbon Sequestration and ESG Industry are Benefitting from NetSuite ERP

Carbon sequestration is essential for mitigating the impact of carbon dioxide emissions on the environment. As the world continues to grapple with the challenge of climate change, the need for efficient and effective carbon capture and storage solutions is more pressing than ever before.

In this article, we will explore how NetSuite ERP is helping the ESG industry with better management and accurate reporting. We will delve into the key features of NetSuite ERP that make it an ideal solution for businesses in the carbon sequestration industry.

Real-time Data Analysis and Reporting

One of the most significant challenges faced by this industry is the accurate tracking and reporting of carbon being sequestered. With NetSuite ERP, businesses can track and monitor their carbon storage activities in real time. This enables them to generate accurate reports that comply with regulatory requirements and industry standards at a global scale.

The ability to analyze data in real-time is a significant advantage for businesses in the carbon sequestration industry. NetSuite ERP allows businesses to monitor all business processes, including capturing and measuring carbon dioxide emissions, implementing carbon reduction programs, and tracking carbon capture activities. This feature enables businesses to make informed decisions about their carbon sequestration activities, enhance the efficiency of their processes, and improve their overall business management.

In addition to real-time monitoring, NetSuite ERP’s reporting tools provide businesses with the ability to create customized reports that meet the specific needs of their organization. Businesses can generate reports on a range of metrics, including:

  • carbon sequestration rates
  • carbon offsetting
  • greenhouse gas emissions

The ERP system also provides businesses with the tools to identify trends and patterns in their ESG data, enabling them to optimize their carbon sequestration processes and improve business operations.

Streamlined Financial Management

Effective financial management is critical for the success of any business. NetSuite ERP provides businesses with a comprehensive financial management solution that streamlines financial processes and enables efficient management of financial resources.

NetSuite Carbon Accounting Software offers advanced financial management features that include financial planning, budgeting, forecasting, and reporting. These features enable businesses to manage their financial resources efficiently, improve their cash flow, and reduce costs. Additionally, the ERP system provides businesses with real-time financial insights that enable them to make informed decisions about their financial operations.

Effective Financial Management for Carbon Sequestration Industry

With NetSuite ERP’s financial management solution, businesses in the carbon sequestration industry can track and manage their costs more effectively. This enables them to identify areas of inefficiency and make better use of their financial resources to achieve better overall financial performance. The ERP system also provides businesses with the ability to track and manage their carbon offset credits, enabling them to comply with regulatory requirements and enhance the value of their carbon sequestration activities.

Managing Inventory Management and Supply Chain

Effective inventory management is essential for optimizing carbon sequestration and ESG management systems. NetSuite ERP provides businesses with an advanced inventory management solution that enables them to optimize their supply chain, reduce waste, and enhance the efficiency of their carbon storage processes.

NetSuite’s Carbon Management Software provides businesses with real-time insights into their inventory levels, enabling them to reduce waste. Additionally, the ERP system offers advanced supply chain management features, including demand planning, procurement, and logistics management. These features enable businesses to streamline their supply chain, enhance the efficiency of their operations, and remove unnecessary administrative processes.

The Importance of Effective Inventory Management

Effective inventory management enables businesses to manage the flow of materials and products involved in their carbon sequestration activities. This includes the ability to track and manage the transportation of carbon dioxide to and from storage locations, as well as the supply and management of equipment used in carbon sequestration activities.

Managing Carbon Sequestration Projects with NetSuite

Managing carbon sequestration and ESG projects with NetSuite is made easier with its advanced project management features. Businesses can use NetSuite ERP to plan and manage their carbon sequestration projects, including scheduling tasks, tracking project progress, and managing resources. This feature enables businesses to optimize their project management processes, reduce costs, and improve their overall business performance.

In addition to its extensive project profitability and job costing features that help project managers to keep track of expenses and revenues, the software also provides a comprehensive set of tools for resource allocation, time tracking, and team collaboration. By allowing project managers to assign resources to specific tasks and monitor progress in real-time, the software enables them to make informed decisions and ensure that projects are completed on time and within budget. Moreover, the software’s reporting and analytics capabilities allow project managers to gain valuable insights into project performance and identify areas for improvement. With these features, project managers can streamline their workflows, enhance communication among team members, and ultimately achieve greater success in their projects.

NetSuite: A Comprehensive Solution for Carbon Sequestration and ESG Industry

As the world continues to focus on reducing carbon emissions and mitigating the impact of climate change, the carbon sequestration industry will play a critical role. NetSuite ERP is a solution that is tailored to the unique needs of this industry and can help businesses to succeed in the years to come.NetSuite ERP is a comprehensive solution that provides businesses in the carbon sequestration industry with the tools they need to succeed. With real-time data analysis and reporting, streamlined financial management, and advanced inventory management, NetSuite ERP is helping businesses to achieve better management and accurate reporting.

About Zanovoy, a Leading NetSuite Alliance Partner

Zanovoy is a leading NetSuite Alliance Partner that provides implementation, integration and managed services for businesses in the carbon sequestration industry. With a team of experienced consultants and developers, Zanovoy helps businesses to leverage the full potential of NetSuite ERP and achieve their business goals. Zanovoy offers a range of services, including NetSuite implementation, customization, integration, and support, as well as managed services for industry-leading cloud products such as Coupa Spend Management, Avalara and Adaptive Insights. By partnering with Zanovoy, businesses in the carbon sequestration industry can access the expertise they need to succeed in a fast-changing business environment.

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Streamlining Operations and Financial Management for Carbon Sequestration Companies with NetSuite

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Streamlining Operations and Financial Management for Carbon Sequestration Companies with NetSuite

Companies engaged in carbon sequestration need to manage complex operations, financial management, and customer management effectively to be successful in their mission. NetSuite, a cloud-based business management platform helps carbon sequestration companies to streamline their operations, financial management and customer relationship management (CRM). It gives visibility into key performance metrics across the entire company and provides an integrated suite of tools for managing accounting, inventory control, customer service, human resources and more.

What is Carbon Sequestration?

Carbon sequestration refers to the process of capturing and storing carbon dioxide (CO2) emissions generated by human activities such as burning fossil fuels and deforestation. This process helps to mitigate the impacts of climate change by reducing the amount of CO2 in the atmosphere.

One of the biggest challenges for carbon sequestration companies is managing the large amount of data generated from their operations. This includes tracking CO2 emissions, monitoring the storage of carbon, and managing customer interactions.

NetSuite provides a comprehensive ERP solution for these companies to manage all of their operations in one place, providing real-time insights and allowing companies to capitalize on new opportunities quickly.

How Does NetSuite Help Carbon Sequestration Companies?

NetSuite provides a fully integrated business management platform that helps carbon sequestration companies to streamline their operations and manage their business more effectively. NetSuite’s cloud-based platform offers a range of tools that enable companies to manage their operations, financial management, and customer management in one place. This makes it easier for companies to access the information they need and make informed decisions based on real-time data.

The Benefit of Data Centralization

One of the key benefits of using NetSuite is the centralized database. This database stores all of a company’s data in one place, making it easy to access and analyze. This includes data on emissions, storage capacity, customer interactions, project progress and financial performance.

Real Time Visibility into Operational Metrics

NetSuite’s platform also provides real-time visibility into key operational metrics such as resource utilization, project management task completion and resource scheduling. This enables companies to track their progress, identify any issues, and make adjustments to their operations as needed. The real-time data provided by NetSuite also helps companies to make informed decisions about their business, such as adjusting prices, allocating resources, and managing customer interactions.

Financial Management in Carbon Sequestration

Efficient and accurate financial management is essential for carbon sequestration companies to ensure that their operations are running efficiently and effectively. Proper financial management helps companies to allocate resources effectively, minimize costs, and maximize profits. NetSuite provides a range of financial management tools to help companies achieve these goals.

Sophisticated Accounting Tools for Carbon Sequestration Companies

One of the key financial management tools provided by NetSuite is its accounting functionality. This allows companies to track their financial transactions and ensure that their accounts are up-to-date. With accurate financial information, companies are able to ensure that their business management planning and budgeting processes align to the goals of the organization and support continued expansion.

Streamlined Invoicing

NetSuite’s invoicing functionality is another important financial management tool. It allows companies to send invoices to customers, track payments, and manage accounts receivable. Powerful automations are also available to help automate many accounting tasks, such as recurring invoicing and project billing. This helps companies to manage their cash flow, ensure that they receive payment on time, and minimize the risk of late payments or bad debts.

Be a Boss for Business Budgeting

Budgeting is another important financial management tool provided by NetSuite. This functionality allows companies to set budgets for their operations, track their spending, and compare their actual performance against their budget. This helps companies to identify areas where they can improve and plan for future budgets with data based on real world information, not assumptions.

Customer Management in Carbon Sequestration

Customer management is a critical component of success in the carbon sequestration industry. Carbon sequestration companies interact with a wide range of customers, including government agencies, energy companies, and individual consumers, making it important to manage customer interactions effectively. NetSuite’s customer relationship management (CRM) solution is designed to help companies in the carbon sequestration industry manage customer interactions and build strong relationships with their customers.

360 Visibility of Customer Communications

One of the key features of NetSuite’s CRM solution is its ability to track customer interactions. This enables companies to keep a record of inbound and outbound customer communications, including phone calls, emails, and face-to-face meetings. This information can be used to understand customer needs and preferences, and to tailor product offerings to meet those needs.

Centralized CRM Information

NetSuite’s CRM platform also provides a centralized database for storing customer information. This enables companies to store customer data in one place, making it easy to access and analyze. The platform also provides real-time visibility into customer performance, allowing companies to make informed decisions based on the most up-to-date information.

Advanced CRM Reporting

In addition, NetSuite’s CRM solution provides powerful reporting capabilities. Companies can generate reports on customer activity, including customer touch frequency, purchase history, and customer feedback. This information can be used to identify trends, understand customer needs, and improve customer service levels.

Project Management in Carbon Sequestration

Project management is a vital aspect of the carbon sequestration industry, as it is essential to ensure the successful implementation of carbon sequestration initiatives. Effective project management helps companies to achieve their goals by ensuring that complex operations are completed on time, within budget, and to the required quality standards.

Managing Complex Teams

The carbon sequestration industry involves multiple teams, including engineers, scientists, and technicians, working together to capture and store carbon dioxide emissions. NetSuite provides a comprehensive project management solution to help carbon sequestration companies coordinate the efforts of these teams and ensure the success of their projects.

Track Progress in Real Time

One of the key features of NetSuite’s project management solution is its ability to track progress. This allows companies to monitor the progress of their projects in real-time and make informed decisions about the allocation of resources and the management of budgets. With this information, companies can make sure that their projects are on track and that they have the resources they need to achieve their goals.

Get on Top of Project Budgets

NetSuite’s project management tools also help companies to manage their budgets effectively. The platform provides real-time visibility into budget performance, allowing companies to track expenses and make better decisions about budget allocation. This helps companies to stay within budget and achieve their project goals.

In Summary

NetSuite is a comprehensive solution that can help carbon sequestration companies to streamline their operations, financial management, customer management and project management. By using NetSuite as a centralized database businesses gain access to real-time insights, advanced financial management tools, and a CRM and project management solution, so companies can make informed decisions, build strong relationships with their customers, streamline their operations and achieve maximum profitability.

About Zanovoy

Zanovoy is a NetSuite Alliance Partner. We provide NetSuite services, including implementation, customization, integration, and support. Our team of certified consultants has the expertise to help your Carbon Sequestration company get the most out of your ERP solution. We are committed to providing comprehensive solutions that help companies maximize their efficiency and profitability. Contact us today to learn more about how we can help your Carbon Sequestration company take advantage of all the features NetSuite has to offer.

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How Wholesale Distributors Benefit from NetSuite

How Wholesale Distributors Benefit from NetSuite

NetSuite is arguably the most adopted ERP system in the wholesale distribution industry globally. It is a cloud-based business management solution that offers an array of features and functionalities to help wholesale distributors manage their operations more efficiently. This article will focus on how wholesale distributors benefit from NetSuite and explore some of the advantages of adopting this powerful software.

Overview of NetSuite and its Benefits for Wholesale Distributors

NetSuite is designed to simplify and streamline the operations of wholesale distributors. It enables them to effectively manage their inventory, accounts receivable, accounts payable, customer relations management (CRM), financial compliance, reporting, supply chain management (SCM) and more.

One of the most important benefits for wholesale distributors is that NetSuite integrates key processes into an automated, single system. This reduces errors and inefficiencies created by disparate systems or manual data entry while giving distributors a comprehensive view of their operations.

NetSuite also allows wholesale distributors to easily access their financials from anywhere with real-time visibility. This helps them make timely business decisions based on accurate, up-to-date information. Additionally, NetSuite includes built-in reporting tools that allow distributors to easily generate reports and analyze performance metrics. The software also helps them comply with financial regulations, since it is designed to adhere to industry standards in terms of audit trails and visibility.

NetSuite Wholesale Distribution Edition

How NetSuite Can Help Streamline Your Wholesale Distribution Business Processes

NetSuite helps streamline the various processes wholesale distributors need to run their business. Here are some of the ways NetSuite can help:

Inventory Management

NetSuite enables wholesale distributors to track inventory levels and availability in real-time, manage multiple warehouses and locations, and set reorder points to restock items automatically.

Customer Relationship Management

NetSuite’s CRM module helps distributors manage customer relationships and sales processes such as opportunity tracking, lead tracking and order management.

Order Fulfillment

NetSuite makes it easy for wholesale distributors to track orders from start to finish, including the ability to manage stock levels across warehouses and locations. This ensures orders are fulfilled quickly and accurately.

Advanced Inventory Item Management

NetSuite supports the management of advanced inventory items such as serialized items, lot-tracked items, internal assemblies and more. This allows distributors to manage inventory on an item-by-item basis, giving granular control during the fulfillment processes.

Overall, NetSuite is an indispensable tool for wholesale distributors looking to streamline their operations and optimize performance metrics. By taking advantage of this powerful software, distributors can save time, money and resources while increasing efficiency and customer

Demand and Supply Planning

NetSuite helps manage the demand and supply of goods, which is critical in wholesale distribution. Distributors can set up rules to predict future stock levels, optimize inventory management and synchronize supply with demand.

Supply Chain Management

NetSuite can be integrated with third-party suppliers to enable distributors to monitor, manage and optimize their supply chains, even when working with 3PLs. This helps them keep costs low while ensuring that products arrive on time.

Financial Compliance and Reporting

NetSuite’s built-in compliance features and reporting capabilities help distributors adhere to financial regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Additionally, the software provides tools for generating accurate financial reports.

Automating Inventory Management with NetSuite

With NetSuite’s automation and workflow features, wholesale distributors can save time while ensuring accurate inventory management. The software can be set up to automatically restock items when they reach a certain threshold, and distributors can track stock levels in multiple warehouses or locations, allowing them to balance inventory levels as required. By automating these processes, distributors can reduce costs while ensuring their customers get the products they need on time.

Improving Customer Relationships with NetSuite

NetSuite also helps wholesale distributors manage customer relationships more efficiently. By tracking leads, opportunities and orders in real-time, distributors can respond quickly to customer needs and provide better service. Additionally, the software’s automated processes help ensure accuracy when dealing with customers. With NetSuite’s CRM module, wholesale distributors have the tools they need to maintain relationships and grow their businesses.

Enhancing Financial Reporting with NetSuite

NetSuite’s financial reporting capabilities enable distributors to gain insight into their business performance and make informed decisions. The software’s built-in compliance features help ensure that financial reports are accurate and up to date. Additionally, the software enables distributors to generate financial statements and export data for further analysis.

Real-Time Data Analysis with Dashboards in NetSuite

NetSuite provides a range of pre-built dashboards that help wholesale distributors monitor their business in real-time. Distributors can view sales performance, inventory levels, customer trends and more. These integrated data visualizations provide an easy way to stay on top of the business’s performance and quickly identify any issues that may arise.

The Future of Wholesale Distribution With the Help of NetSuite

NetSuite helps wholesale distributors get more out of their businesses by streamlining inventory and warehouse management processes, improving customer relationships through more efficient order fulfillment and enhancing financial reporting. With the help of NetSuite, distributors can reduce costs while increasing efficiency to grow their businesses. As digital transformation continues to change the landscape of wholesale distribution, NetSuite’s advanced features will help distributors stay ahead of the competition.

About Zanovoy

Zanovoy is a full-service NetSuite Alliance partner that specializes in helping wholesale distributors maximize the potential of their business with NetSuite’s comprehensive suite of cloud solutions. Our team of experienced professionals has helped many wholesale distributors to take advantage of the power and flexibility of this powerful software platform.

Zanovoy provides implementation, support and managed services across a wide range of technologies including NetSuite, Adaptive Insights, Coupa Spend Management, to ensure that your business is getting the most out of your investment into cloud technology. To learn more about how partnering with Zanovoy can help elevate your wholesale distribution business, reach out to us for an obligation-free consultation.

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Why More Manufacturers are Embracing Cloud MRPs

Why More Manufacturers are Embracing Cloud MRPs

Manufacturing Resource Planning (MRP) has become a critical component of any successful production system. It helps manufacturers make better decisions, ensure greater accuracy in their supply chains, and increase efficiency across the board.

In recent years, Cloud MRP systems have made waves in the industry with their promise of improved scalability, increased cost-effectiveness, and greater flexibility. These advantages have led to an increased uptake of Cloud MRPs, like NetSuite, among manufacturers looking for a cost-effective way to better manage not only their production floor but their business as a whole.

What is Cloud MRP and How Does it Benefit Manufacturers?

Cloud MRP systems are cloud-based software programs that enable manufacturers to control and manage their entire production process. By utilizing the latest cloud technologies, Cloud MRPs give manufacturers the ability to access real-time data anytime, anywhere, allowing them to gain better insights into their production activities. This helps them make more informed decisions in a timely manner.

Cloud MRPs also require a lower level of upfront investment than traditional on-premise systems due to their pay-as-you-go (SaaS) pricing. This allows smaller manufacturers and startups to enter the industry, or expand their operations without worrying about expensive upfront costs.

Additionally, Cloud MRPs provide manufacturers with greater scalability, allowing them to scale up or down depending on their business requirements. This means that manufacturers can now leverage their MRP systems to meet current and future production needs without the need for major investments in additional hardware.

Finally, Cloud MRPs provide manufacturers with greater flexibility, allowing them to easily adapt to changing market conditions, customer requirements, and other external factors. This enables them to continuously adjust their production processes as needed, ensuring that they are operating at maximum efficiency.

With all of these advantages, it is no surprise that more and more manufacturers are turning to Cloud MRPs such as NetSuite to meet their ever-evolving business requirements. Whether you’re a small startup looking to enter the manufacturing

The Benefits of Moving to a Cloud-Based System

For decades, most manufacturers have been stuck with antiquated MRP solutions that have not evolved with the times. Often seen as a low-tech-uptake industry when it comes to software management solutions, manufacturers have much to gain by investing in modern cloud MRP applications.

The benefits of switching to a cloud-based MRP system include more advanced manufacturing functionality, better quality control procedure management and the ability to utilize demand and supply planning functionality to ensure optimal use of not only raw materials but also people and machinery through integrated work center planning and resource scheduling modules.

Streamlining Your Manufacturing Process with Automation

Regardless of what type of manufacturer you are, there are always opportunities to increase efficiency through automation. Manufacturing can be quite data-collection-intensive depending on the level of tracking you are doing, from customer orders to production data. Automating processes such as time tracking and order entry can help reduce human error and decrease the burden on your staff.

In addition, with the trend towards integrating machinery sensors with ERP systems (IoT), manufacturers are now able to collect more data in real-time, without the requirement of human intervention. This can lead to outcomes including less machine downtime, through improved machine use monitoring, to more accurate job costing and profitability reporting. This combined with the real-time production data makes it simpler than ever for complex manufacturing plants to keep on top of their financial and operational performance.

Cloud MRPs like NetSuite also offer advanced automation capabilities that allow manufacturers to further streamline their production processes. For example, the system can automate inventory management and provide real-time replenishment insights, reducing the need for manual processes. It can also optimize production schedules based on customer demand and automate material movement to eliminate errors and ensure materials are delivered on time.

Manufacturers that leverage cloud MRPs to automate their operations gain an edge over their competitors by significantly increasing efficiency, reducing costs and improving overall productivity.

Supporting Growth With Scalable Solutions

System scalability is critical in today’s fast-paced world. For manufacturers specifically, product demand can change very suddenly. Having a system that is able to be literally scaled overnight is imperative to ensure that any opportunity for expansion isn’t hindered by a lack of software capability.

Cloud-based MRPs are designed to be able to quickly scale up or down as needed, without any disruption in service. This allows manufacturers to stay prepared for sudden growth and shifts in market demand, ensuring that their operations can continue running smoothly and efficiently no matter how fast the business grows.

Security Measures for Cloud-Based Systems

Security is always a concern for any business, especially when it comes to storing confidential information and sensitive data, such as IP for your product range. Many manufacturers worry that cloud-based systems are not as secure as traditional on-premise solutions, but this could not be further from the truth.

In fact, cloud-based MRP solutions are often more secure than their on-premise counterparts, as these solutions are hosted in data centers that have enhanced security measures such as biometric access control, encryption and firewalls. In addition, cloud MRP systems like NetSuite use multi-factor authentication for additional layers of protection.

The Future of Manufacturing is Cloud Technology

In summary, cloud-based MRP systems are becoming an increasingly popular choice for manufacturers, as they offer a range of benefits that traditional solutions simply cannot compete with. Automation capabilities and scalability allow them to increase efficiency and prepare for growth, whilst enhanced security measures ensure that sensitive data is safe from unauthorized access.

The future of manufacturing is undoubtedly going to be powered by cloud technology and manufacturers that embrace the shift to cloud solutions can look forward to improved performance and cost savings.

It is clear that cloud-based MRPs like NetSuite Manufacturing Edition will continue to be the go-to choice for manufacturers looking for a reliable and secure way to manage their operations. As technology continues to develop, cloud systems will only become more advanced, allowing manufacturers to stay ahead of the competition and remain agile in an ever-evolving market.

If you are interested in learning more about NetSuite for Manufacturing, reach out to one of our experts today and get started on your cloud journey.

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NetSuite: A Modern Cloud ERP for Medical Device Companies

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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.

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Zanovoy takes out 2 Awards at NetSuite SuiteWorld 2022

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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.

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How IT Managed Services Companies Can Help You Maximize NetSuite’s Potential

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How IT Managed Services Companies Can Help You Maximize NetSuite’s Potential

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, and partnering with IT Managed Services Companies is a great way to ensure this. 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.

The Benefits of Outsourcing IT Support to Managed Services Companies

IT Managed Services Companies USA

Outsourcing IT support to managed services companies can be a wise decision for businesses of all sizes. By partnering with a managed services provider, businesses can gain access to a team of IT experts who can provide a range of services, including network monitoring, help desk support, cybersecurity, data backup, and more. Outsourcing IT support can also free up internal resources, allowing businesses to focus on their core competencies and growth objectives.

Additionally, outsourcing can provide cost savings over hiring a dedicated IT team in-house. Managed services companies offer flexible pricing models, including pay-as-you-go and flat fee structures, which can help businesses better manage their IT budgets. Overall, outsourcing IT support to a managed services provider can be an effective way to ensure that your business has the IT resources it needs to thrive.

How to Choose the Right IT Managed Services Company for Your Business

When selecting an IT managed services company, it’s important to look for certain qualities that can help ensure a successful partnership. Here are five key qualities to consider:

Expertise and Experience

When choosing an IT managed services company, it is essential to evaluate the provider’s expertise and experience in your industry. This can help ensure that the provider has a deep understanding of your unique IT needs and can offer customized solutions that meet your specific requirements. An experienced provider can also offer best practices and advice based on their experience working with other businesses in your industry. Choosing a provider with a proven track record of success can give you confidence that you are making the right choice for your business.

Reliability and Cost

Reliability and cost are two critical factors to consider when selecting an IT managed services company. Look for a provider that offers guaranteed response times and resolution times in their service level agreements (SLAs). This can help ensure that you receive the support you need when you need it. At the same time, it’s essential to find a provider that can offer flexible pricing models that align with your IT budget. The cost of managed services should not break the bank, and a good provider should offer cost-effective solutions that can scale with your business.

Range of Services

IT needs are unique to each business, so it is essential to choose an IT managed services provider that can offer a range of services that can be tailored to meet your businesses changing needs. This may include services such as help desk support, network monitoring, cloud services, backup and recovery, and cybersecurity. A provider that can offer a full range of services can provide a one-stop-shop for all of your IT needs, which can be more convenient and cost-effective.

Communication and Collaboration Practices

Effective communication and collaboration between your internal IT team and the managed services company are critical to ensure that you get the best results. Look for a provider that can communicate clearly and work collaboratively with your team. The provider should be accessible when you need them and be able to provide regular updates and reports on their progress. Choosing a provider that is easy to work with can make a significant difference in the quality of the support and services you receive.

IT Managed Services vs. In-House IT: Which Is Right for Your Business?

When it comes to IT support, businesses have two main options: in-house IT and IT managed services.

In-house IT involves hiring a dedicated IT team to handle all of the IT needs of the business. This can be a good option for larger businesses with extensive IT needs and the budget to support a dedicated team. However, for smaller businesses, outsourcing IT support to a managed services provider can be a more cost-effective and efficient solution.

As mentoned previously, IT managed services companies can provide a range of services across a wide range of software applications. The team at Zanovoy for example have expertise in NetSuite, Coupa, Saleforce, Avalara, Gainsight and Celigo. A good Managed services provider will offer flexible pricing models, allowing businesses to pay only for the services they need. Additionally, managed services companies can offer deep expertise in specific areas of IT, such as ERP integration, that may be difficult to find in-house. Ultimately, the decision of whether to use in-house IT or IT managed services will depend on a variety of factors, including the size of the business, the complexity of its IT needs, and the budget available for IT support. By carefully evaluating the options and considering the unique needs of the business, businesses can choose the IT support solution that best meets their needs.

IT Managed Services Companies and Business Continuity Planning

NetSuite Managed Services

Business continuity planning is critical for businesses of all sizes, as it helps ensure that businesses can continue operating in the event of a disruption or disaster. IT managed services companies can play a critical role in business continuity planning by providing IT support and services that help keep businesses operational during disruptions.

These services may include data backup and recovery, disaster recovery planning and testing, cloud-based services that can be accessed from anywhere, and more. By partnering with a managed services provider for business continuity planning, businesses can benefit from the expertise and experience of IT professionals who can help identify potential risks and develop plans to mitigate them.

In the USA, the best managed services providers can offer ongoing support and monitoring to ensure that plans remain up-to-date and effective. Ultimately, IT managed services companies can help businesses ensure that they are prepared for disruptions and can continue operating in the face of adversity.

Why NetSuite Customers Choose to Partner with Zanovoy?

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, like Zanovoy 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.

The future of managed IT services is likely to be shaped by several key trends and predictions. One of the most significant trends is the shift toward cloud-based services and solutions, as businesses increasingly look for flexible, scalable, and cost-effective IT support.

Managed IT services providers are likely to continue to develop and refine cloud-based solutions that meet the needs of businesses of all sizes. Additionally, cybersecurity is likely to remain a key concern, and managed IT services providers will need to continue to offer advanced cybersecurity services to help businesses protect their data and systems.

Artificial intelligence and machine learning are also likely to play a growing role in IT managed services, as providers use these technologies to improve service quality and efficiency. Finally, with the rise of the Internet of Things (IoT), managed services providers may need to develop specialized services and solutions to help businesses manage and secure their IoT devices. Ultimately, the future of IT managed services is likely to be shaped by a range of trends and innovations that help businesses meet their IT needs and objectives.

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.

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

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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.

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Top 10 Systems Challenges and Problems for the Life Sciences Industry

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Top 15 Systems Challenges and Problems for the Life Sciences Industry to Solve

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 and life sciences software solutions that has 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 software 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 with the unique needs of the industry.

Other Life Sciences Industry Problems

The life sciences industry is an ever-evolving sector that focuses on developing innovative solutions to improve the quality of human life. While the industry presents a wealth of opportunities for growth and innovation, it also poses a number of significant challenges. From intense global competition and complex regulatory requirements to the growing demand for new medical and pharmaceutical solutions, companies in the life sciences industry face a multitude of obstacles that must be navigated in order to succeed.

Increased Global Competitiveness

US companies operating in the life sciences industry are facing intense competition on a global scale, particularly in sub-sectors such as pharmaceuticals and biotech, where multinational collaboration is increasingly common. To succeed in this environment, project managers must have the ability to manage projects across borders and work hard to attract projects to the US.

Ensuring Clinical Trial Results  are Globally Accepted

Despite this challenging landscape, the US has a strong reputation in the life sciences industry, providing a solid foundation to build upon. However, there are still areas of improvement to be made, particularly in the clinical trial sub-sector. To maintain its position, the US must ensure that its regulations align with those of the EU for clinical trial projects to be successfully brought to its shores.

Ensuring Government Investment is Consistent

Investment in research and development (R&D) is critical to success in the life sciences industry, and the US must increase its spending on R&D projects to maintain a competitive edge. While the government has set a target of 2.4% of GDP to be invested in R&D by 2027, the life sciences sector requires continued and increased investment in R&D to ensure its success.

Meeting the Increased Demands from an Ageing Population

One of the biggest challenges in the life sciences industry is meeting the demands of an ageing population. This presents both challenges and opportunities, with new medicines and treatments required to treat diseases that are becoming more prevalent as the population ages. MedTech projects also present an opportunity to empower people to make early diagnoses and take preventative measures, ultimately improving healthcare outcomes for an ageing population.

Attracting Top Talent from a Global Pool of Candidates

In the highly competitive and rapidly evolving life sciences industry, attracting top talent is crucial to the success of project teams. With the increasing demand for new medical and pharmaceutical solutions, project teams are becoming more global, with staff located in various regions around the world. To effectively manage these global teams, project managers must have the ability to collaborate and communicate effectively across different cultures and time zones. This includes utilizing advanced communication technologies and building strong relationships with team members.

Life Sciences ERP and Spend Management Solutions

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. We also offer managed services for life sciences companies, to help minimize the burden of managing and maintaining Life Sciences ERP solutions like NetSuite. Contact us to learn more.

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The ERP Implementation Process Explained

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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.

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How Publishing Agencies Benefit from NetSuite ERP

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. 

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How Marketing Agencies Benefit from NetSuite ERP

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! 

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How Edtech Companies Benefit from NetSuite ERP

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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!

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9 Reasons to Use NetSuite Managed Services After Going Live

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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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NetSuite Managed Services: Throwing Out the Break-Fix Model

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There’s no denying the popularity of cloud ERP solutions. When you look at the market, you’ll find it’s growing at a staggering 10% CAGR (compound annual growth rate). 

But this isn’t what’s attracting companies to solutions like Netsuite. It’s the high demand for functional efficiency, enhanced awareness, implementation of business mobile apps, and cloud capabilities. 

However, using NetSuite to its full potential isn’t always simple. So most companies that integrate NetSuite solutions also hire an administrator. In many cases, they resort to hiring an (albeit expensive) full-time NetSuite admin. 

Yet, others use their IT team to handle NetSuite projects (alongside other company tasks), which can be costly as well. Not to mention, they’re using inefficient, reactive methods for solving problems — not the best way to manage your business. 

It’s the savvier small to mid-sized companies that are outsourcing their NetSuite administration to professional managed services. And in doing so, they get a team that’s either the primary administrator or a support system for their internal IT team. 

With NetSuite managed services, you proactively resolve issues and eradicate threats before they turn into a problem (not after). 

Plus, administrator services allow you to leverage the expertise of a full NetSuite consulting team at a much lower cost (as compared to in-house teams). 

Interested in learning more about managed services for NetSuite? 

Then continue reading. 

Break-Fix: The Outdated Model for IT Solutions

In the past, there was only one way businesses learned about a problem — after it occurred. There was no way to know when there was an issue with a server, desktop, or other critical networking devices until after they’ve failed. 

Then the company’s teams had to scramble about to find the dilemma and resolve it. In other words, they relied solely on the break-fix model. 

This outdated method leads to revenue loss and productivity issues. But it was the only way businesses knew how to operate. 

Not anymore. 

Managed Services: A Proactive Approach

The managed service model uses a proactive approach vs. a reactive philosophy. It focuses on preventing issues before they can:

  • Disrupt employees
  • Interfere with management
  • Derail revenue pipelines

Instead, it uses signals to pinpoint risks that require addressing before it blows out of proportion. 

Before Zanovoy, only large companies had the budget to afford managed services. In the year 2000, cloud computing emerged on the scene, allowing small and mid-sized companies to take advantage of managed services (without breaking their wallet). 

Sure, the concept of managed services has been around for a long time (since the advent of cloud ERP). But NetSuite managed services is relatively new. It uses the same proactive approach, which is a proven model for success. 

The Challenges the Break-Fix Mentality

We can’t emphasize enough the pitfalls associated with the break-fix model. 

If, for example, an overwhelmed IT department can’t keep up with release and functionality updates, the system becomes vulnerable to outages— and potentially other larger problems in the future.

Companies want their accounting team focused on producing accurate financials, not fixing tech problems, or learning how to use NetSuite CRM and ERP features. But that’s exactly what they’ll do under a break-fix model.

Under the break-fix model, users who experience problems have to wait for admin or the IT department to address and solve them. Productivity is interrupted, and frustrations rise, which can decrease user adoption. This can negatively affect data quality, analytics, and reporting.

The Benefits Of Using Managed Services

When you use managed services, your systems are always up to date. In the world of IT, systems are consistently upgraded and patched, and come with a sleuth of security protocols. 

It’s a lot to handle. But your teams don’t have to worry about any of this when you implement managed services. 

With managed services, questions about new feature rollouts are answered with a phone call or click of a button. This also ensures users are more proficient and less frustrated. User engagement goes up along with the quality of data within the system.

Better data means higher accuracy for reports and analytics, leading to improved management decisions.

Who is Using Managed Services?

Managed services is a proven model for NetSuite administration. And it’s proven to be a superior service model across industries, including:

  • FinTech
  • Education
  • Wholesale distribution
  • Healthcare management
  • Professional services. 

Let’s take a look at how managed services can help various sectors.

Information Technology

It’s safe to say that the managed service model has revolutionized the IT industry. 

Instead of sending out a tech every time a problem arises, IT firms can resolve issues and diagnose risk factors remotely. This creates time and costs savings that can be passed on to clients.

Most IT firms also recognize the opportunity to use 24-hour ‘eyes-on’ services to provide peace of mind to their clients. And their problems can be addressed before there’s a crisis. 

In addition, firms can spend time on services that add value for their clients, rather than only responding when something goes awry.

Client’s love that they don’t need an onsite tech appointment to resolve problems, answer questions, and eliminate headaches. But most importantly, IT firms can focus on preventing fires rather than putting them out.

Marketing

Managed Marketing Services (MMS) are hugely popular for small and mid-sized companies who want to create, implement, execute, and maintain a successful marketing strategy.

Now, growing companies without the budgetary means to hire an entire in-house marketing team can leverage managed services to create campaigns that can compete in the big leagues. These services typically provide clients with access to:

  • Team of talented creatives
  • Proven systems and strategies
  • Marketing experts and tools to create websites
  • Social media campaigns
  • Blogs

With MMS, company leaders can concentrate on maintaining quality products and crafting effective messages. No more wasting time on learning the latest social media trends or getting lost in the minutiae of Google analytics.

Media & Publishing

Media companies are consistently looking for ways to connect with consumers. Today, this means using a range of mediums, such as mobile devices, the internet, and social media. 

Meeting the demands of their audience cost-effectively is critical to staying ahead of the curve (and budgetary constraints). 

This is especially important with diminishing revenues from traditional advertising and subscriptions. 

By using NetSuite managed services, media and publishing companies can handle all of their customers in a unified suite. This also comes equipped with tools for back-office finance, accounting, and order management. 

Users are given full access to monitor, track, and analyze trends, issues, and opportunities that can improve decision making. These companies can alos streamline operations, accelerate sales and customer service productivity, and track advertising performance. 

Life Sciences

Life science companies are required to modernize their software systems to keep pace with the ever-evolving world around them. It’s no longer a luxury, but a necessity to remain relevant (and in business). 

So some are implementing NetSuite systems and adopting managed services. In doing so, they’re getting a financial management system that enables them to find and capitalize on new opportunities that fuel growth. 

With NetSuite managed services, life science companies can:

  • Lower operational costs 
  • Eliminate inefficiencies
  • Promote business growth
  • Automate information exchange
  • Allow more visibility into key business metrics

Without such solutions (and services), life science companies will continue to struggle with outdated technology and mismanaged processes that prevent progress and expansion.

Ad Tech

Running an ad tech company requires constant growth and innovation. So much so that it can be challenging to keep up with the demand. 

Their top priority is to deliver engaging media and advertising to consumers in a way that’s measurable and efficient. 

That’s where NetSuite managed services come in. When used correctly, NetSuite can maximize sustainability and growth by:

  • Automating business processes in a single suite
  • Offering a business intelligence dashboard (real-time data)
  • Integrating with necessary software (without costly IT)
  • Simplifying management and billing for complex advertising orders

With proper implementation of NetSuite, advertising technology companies can manage customers and partners in a single, flexible application. Plus, it unifies sales and order management using back-office financial and accounting processes. 

NetSuite Managed Services: Preventing Revenue Leaks & Reducing Costs

Using NetSuite Managed Services could be the best strategic move your growing company can make.

NetSuite Managed Services offers a comprehensive solution that grants companies access to a whole team of experienced NetSuite administrators and consultants to manage their NetSuite ERP. Typically, this service is more affordable than hiring in-house staff.

So what do you get when you implement NetSuite managed services?

You’ll receive:

  • Maintenance and optimization of databases
  • High user adoption
  • Audits for outdated reports
  • And other proactive solutions

The end goal — to ensure NetSuite ERR supports your business’s growth.

Another advantage of using NetSuite Managed Services is the fixed monthly fee. You’ll know the exact cost each month without any surprises. Planning your budget doesn’t get any easier or more predictable. 

Plus, companies that use NetSuite managed services see an improvement in the time employees spend on processing transactions and month-end close. 

With proper configuration and administration, Order to Cash workflow is simplified, and quotes can be delivered in minutes instead of hours (or days). Also, sales cycles shorten and deals closer faster (and more often).

All because team members can spend more time processing orders, not solving technical problems.

Then the management team has immediate access to the reports needed to understand what’s working and what’s not. Executives have the right data at their fingertips to get a handle on the key drivers of business success.

Get Hands-On NetSuite Managed Services

For over five years, Zanovoy has helped hundreds of companies optimize their NetSuite ERP solution. With a 95% customer satisfaction rate, Zanovoy can provide your company with access to world-class support, Certified NetSuite experts, and a value-based pricing structure.

If you’re ready to explore all the benefits of Zanovoy’s NetSuite Managed Services, we invite you to fill out this simple form or call [888 926-6869]. We look forward to hearing from you!

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NetSuite Managed Services: Outsourcing to a Team vs. Hiring an Employee

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NetSuite Administration Managed Services: Outsourcing to a Team vs. Hiring an Employee

NetSuite Administration Managed Services

You adopted NetSuite as your preferred cloud ERP solution, however this comes along with many NetSuite Administration tasks. The idea was to make managing all your business processes in a single system seamless. And in turn, you get the agility you need to stay competitive in your field.  For example, streamlining your inventory management, improved reporting visibility, and shorter month-end close. But you’re starting to realize that it requires someone with experience to run the systems proficiently. Without the proper help, you’ll continue to run into issues and increase the risk of financial and security loss.  

What should you do?

Do you opt for an outsourced NetSuite managed service? Or do you hire an employee to handle it for you?

Let’s take a look at why you should think twice about hiring an employee. 

But first…

What is Zanovoy NetSuite Administration Managed Service?

Zanovoy offers NetSuite administrator services to large and small businesses across the globe. It comes with a subscription-based model and encompasses everything a company may need to run their solution efficiently. 
You can choose the level of support you need for your business needs. 

This includes:

  • Business process optimization
  • Security management
  • NetSuite enhancements
  • Data migration
  • Managing audit trails
  • Facilitating upgrades and new releases
  • And more
  • Fixing issues
  • Offering advice and recommendations

Our team of experts features a pool of consultants who can help ensure you get the most from your NetSuite implementation. 

What Are the Benefits of Using Zanovoy NetSuite Managed Services?

NetSuite Administrator Managed Services

NetSuite is a sophisticated technology that requires knowledge and expertise to master. By opting to use NetSuite managed services, you can cut through the hassle to ensure your business processes are functioning optimally. 

Here’s a look at the benefits you get when you choose administrator services. 

Maximize the Value of Your NetSuite Investment


Your business needs are always evolving. Having the means to keep up with the demands is critical to your success. When you have NetSuite integrated into your business, you need the know-how to scale it according to your company’s needs. 

With managed services, this is possible. You have a team of skilled professionals who will accommodate your needs, so you get the most from your NetSuite investment.

Optimize the Performance of Your Solution

Business is a fast-evolving stage, and all the players on it need to be agile and swift to keep up. If you allow your solution to become “outdated,” you risk losing optimal performance and increasing risk. 

Managed services can ensure your solution is optimized across all products at all times. This also includes optimizing scripts, saved searches, and reports for a faster response. 

Mitigate Risks and Boost ROI with Proactive Monitoring

NetSuite Administrator Managed Services

The top priority for any business is to reduce risk and increase revenue. But this is challenging to pull off when you’re consistently running into trouble as your business expands and shifts. 

NetSuite managed services are practical for negating potential risks, which can, in turn, maximize your return on investment. 

Why Hiring an Employee Isn’t the Best Idea for NetSuite Management

Many individuals are becoming certified in NetSuite and posing as experts. They’re offering NetSuite managed services to companies like yours and are willing to work on your team full-time. 

And while this may seem like the ideal option for your company, it may not be the best choice. 

Here’s why…

You Won’t Get the Same Level of Attention

NetSuite Customization and Development

There’s a lot that goes into the integration and management of NetSuite. When you hire an individual to handle this for you, there’s a high chance you won’t get speedy or reliable services. 

Because, for one, they’re one person. This means they have to juggle all of your business needs, which can take them away from critical tasks. In this scenario, You’ll run into roadblocks that can potentially hurt your sales, customer relationships, and reputation.

By hiring a team, you won’t have to worry about any of this. There’s always someone there to manage all aspects of your NetSuite operations.

You Can’t Leverage the Knowledge of Multiple Experts

A part of receiving managed services is getting advice from an expert about the right next move. This may be about enhancing the management of your inventory or improving customer relationship management. 
The individual you hire is bound to have shortcomings in their range of knowledge. Not to mention, some are recently certified and don’t hold the same level of expertise as a team with decades of combined experience.
By hiring a NetSuite managed services team, you get a knowledgebase you can access to scale and advance your company continuously. 

You Risk Spending More On Costly Mistakes 

No expert – no matter how great – can see everything at once. And this is especially true when they’re managing a long list of tasks. 
There’s a significant chance of them overlooking a critical issue that can create unnecessary security and financial risks. In the end, you lose more money fixing these problems than you saved hiring an IT employee. 

Needless to say, a team will always have someone eyeing your systems and ensuring they’re secure and performing optimally.

You Can’t Focus On Running Your Business (Without Worry)

As a business owner, you want to focus on just that — owning your business. But you can’t do this when you’re constantly worried about getting the level of attention, security, and maintenance your system needs to thrive. 

An individual can only handle but so much in a day, which means there will likely be instances where you fall behind. 

Not something you want to deal with when your company is expanding. 

At the end of the day, a NetSuite managed services team will provide hands-on assistance required to ensure the consistency of your business processes.

How is Zanovoy NetSuite Managed Services Cost-Efficient?

Finding NetSuite Managed Services that are efficient in price and capacity is key. This is what draws companies to Zanovoy. 

We’re headquartered in New York, with locations across the United States. Many of our clients are startups, established companies, and large enterprises. So whether you’re a business with five or 5 thousand employees, we’ve got the solutions you need to propel your company forward. 

And we do this cost-effectively. 

With the subscription-based managed services we offer, you get exactly what you need — nothing more, nothing less. There’s no need to pay for irrelevant services or experts. We make it simple to scale up or down as your business demands change. 

However, with an employee, you’re stuck paying twice as much for their salary. Plus, you have to throw in benefits, such as vacation time, health insurance, paternal leave, and 401K. 

Then you’re not getting the flexibility, speed, and efficiency you need to maintain your business processes.  

In the end, you’re wasting money on ineffective administration, and it’s eventually going to hurt your bottom line.

What Features Come with Zanovoy NetSuite Managed Services?

When you opt for Zanovoy’s NetSuite management services, you’re gaining access to a host of features. 

This includes:

One Contract for All Your Maintenance Needs

With Zanovoy’s NetSuite Managed Services, you have the convenience of one contract for all your software maintenance needs. We offer a comprehensive suite of services that give you access to the best in technology and expertise. Our team of experienced professionals will work with you to ensure that your systems are securely maintained and optimized for maximum performance.

NetSuite Administration Managed (so you don’t have to lift a finger)

With Zanovoy’s NetSuite Managed Services, you can forget about having to manage your system administration needs. Our team of experts takes care of everything – from setting up and configuring your system to providing ongoing maintenance and support. We also monitor your systems 24/7 so you don’t have to worry about any potential issues or

Consistent Team to Meet Your Business Needs

Having a consistent team to meet your business needs is essential to ensure the smooth operation of your company. With Zanovoy’s NetSuite Managed Services, you get just that. Our team of experienced professionals are available 24 hours a day, 7 days a week, so you can be sure to always have support when you need it.

Expert Advice for the Best Solutions and How to Execute Them

When it comes to getting the best solutions for your company’s NetSuite needs, expert advice and guidance can go a long way. With Zanovoy’s NetSuite Managed Services, you get access to a team of experienced professionals that can provide valuable insight and tailored help for your specific needs.

Access to NetSuite System Administration Experts

Access to Oracle NetSuite System Administration Experts is essential for businesses looking to maintain and optimize their NetSuite systems. With Zanovoy’s NetSuite Managed Services, our team of experienced professionals can provide assistance with setup and configuration, ongoing maintenance and support.

NetSuite Setup Assistance

NetSuite setup assistance is an essential service for businesses looking to set up, configure and maintain their NetSuite systems. At Zanovoy, our team of experienced professionals provide comprehensive implementation services that ensure your NetSuite system is properly configured for your industry.

NetSuite Configuration Assistance

NetSuite Configuration Assistance is a specialized service offered by experienced Oracle NetSuite professionals to help businesses configure and customize their NetSuite systems for optimal performance. From setting up the initial environment to ensuring it remains up-to-date and secure, Zanovoy’s NetSuite Managed Services can provide all of your business’s NetSuite configuration needs

Hands-Off ERP Administration

Hands-off ERP administration is becoming increasingly popular due to the convenience it provides. With Zanovoy’s NetSuite Managed Services, businesses have access to a team of experienced professionals that can take care of all their NetSuite setup and configuration needs, as well as provide ongoing support and maintenance services. Our experts provide comprehensive.

Enhanced Data Security

Take the worry and stress out of managing your system administration needs with Zanovoy’s NetSuite Managed Services. Our team of experienced professionals are available 24/7 to provide you with access to expert advice, tailored help for specific needs, in order to ensure optimal performance and enhanced data security for your business.

Centralized User Access Control

Centralized user access control is an important feature of any business’s NetSuite system. It allows businesses to limit the access and activities that different users can perform on their NetSuite account in order to ensure data security and compliance with company policies. With centralized user access control, businesses can set access levels for each user, including restrictions on access by user or by role.

Better Financial Management

Zanovoy’s NetSuite Managed Services is the ideal solution for businesses looking to ensure their financial management processes are following leading practices. Our team of experienced finance professionals provide services that include transaction processing for AP and AR, financial report writing and general accounting administration.

Help with Reporting and Analytics

Zanovoy’s Report Writing Services provides businesses with powerful reporting and analytics capabilities. Our experts can help you quickly identify trends, uncover insights and make decisions that drive growth. With intuitive dashboards and tailored reports, our team of experienced professionals can ensure your business is leveraging the full potential of the NetSuite platform.

Fully Scoped Customization and Integrations

Zanovoy’s NetSuite Managed Services offers a full range of customization and integration services to ensure optimal performance for businesses. Our team of experienced professionals have the expertise to customize your system to fit your unique needs, as well as provide integrations with third-party services and applications that can streamline business processes.

Technical Support When You Need It

Zanovoy’s NetSuite Managed Services provides businesses with the technical support they need when they need it. Our team of experienced professionals are available 24/7 to provide expert advice and tailored help for specific needs.

Training and Documentation

Zanovoy’s NetSuite Managed Services provide businesses with comprehensive training and documentation services to ensure they can quickly and easily learn how to use the system. Our team of experienced professionals can provide tailored training, user manuals, and other resources to help users understand the features and functionality of the platform.

Zanovoy is your complete managed service solution provider. We act as your advisor, optimizer, and architect.

If you’d like to learn more about how Zanovoy’s NetSuite management services can help your business, then contact our experts today!

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