Johan Reventberg’s Post

𝙃𝙤𝙬 𝙩𝙤 𝘼𝙘𝙝𝙞𝙚𝙫𝙚 𝙍𝙚𝙘𝙤𝙣𝙘𝙞𝙡𝙞𝙖𝙩𝙞𝙤𝙣 𝘽𝙚𝙩𝙬𝙚𝙚𝙣 𝘼𝙥𝙥𝙡𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙞𝙣 𝙔𝙤𝙪𝙧 𝙊𝙧𝙜𝙖𝙣𝙞𝙯𝙖𝙩𝙞𝙤𝙣 If you are a platform organization that uses a self build platform to manage your transactions, you may have encountered some challenges in reconciling your data with NetSuite, the leading cloud ERP system. How do you ensure that your data is accurate, consistent and timely across both systems? How do you avoid manual errors, duplication and inefficiencies in your accounting processes?   That's where actuals.io comes in. Actuals.io is a cloud-based solution that automates the data reconciliation between your self build platform and NetSuite. It connects to both systems via APIs and syncs the data in real time. It also provides a dashboard that lets you monitor the status of your reconciliation, identify and resolve any discrepancies, and generate reports and insights.   With actuals.io, you can save time and money, improve your data quality and compliance, and focus on growing your platform business. You can also leverage the power of NetSuite to streamline your financial operations, optimize your cash flow, and scale your business globally. #4apps #netsuiteap #actuals.io #erp #platform

ERP or Point Solution? How does that change by company size? Well, it gets a little more balanced as SaaS companies reach higher ARR levels. But Point Solution preference still prevails. With all the talk in the last year about slimming down your tech stack, you'd think that ERP would lead the way. I first asked this question 3 years ago. The results are the same. 60% of respondents still prefer a best of breed point solution. If you'd like the full 50 page report covering 21 software categories and debt, check out the link below. It's what being used in SaaS companies. This report is NOT a market map. Full report here: https://lnkd.in/eiRGcMB #SaaS

Check out the new article.

Is your growing business struggling with scattered data and inefficient workflows? Move to the cloud and unlock the power of connected business management with the #1 ERP for SMBs! Get a FREE demo and see how you can: Streamline finance, sales, service, and operations Empower your team to deliver exceptional customer value Boost productivity with real-time insights and suggestions Adapt faster to market changes and stay ahead of the competition Don't wait - click the link below to schedule your demo today!

ERP or Point Solution? What's your tech stack strategy? With all the talk in the last year about slimming down your tech stack, you'd think that ERP would lead the way. I first asked this question 3 years ago. The results are the same. 60% of respondents still prefer a best of breed point solution. Even at the higher ARR levels, participants favored point solutions. With the popularity of vertical SaaS, where do you see this going? Later today, I'll post the results by ARR company size. If you'd like the full 50 page report covering 21 software categories and debt, check out the link in the comments. This report is NOT a market map. It's what being used in SaaS companies. #SaaS

Leading analyst firm IDC MarketScape continues to recognize NetSuite in two of its latest reports.    First, in recognition for NetSuite’s ability to adapt to both product and service-based businesses, as well as its industry specialization, NetSuite was named a Leader in IDC MarketScape Report for Midmarket Finance and Accounting Applications. Second, NetSuite also earned the IDC SaaS ERP Customer Satisfaction Award! IDC’s customer satisfaction award program, the CSAT Awards, recognizes the leading software-as-a-service (SaaS) vendors in each application market who receive the highest customer satisfaction scores. #NetSuite #IDCMarketScape #finance #accounting #erp #OneKloudX

Business Central is Compulsory? Not Exactly, But Here's Why It Might Feel That Way. Hold your horses, finance fanatics! Before you throw out your old ERP and swear allegiance to Business Central, let's unpack this "compulsory" business. It's true, Microsoft's cloud-based ERP solution has been making waves in the industry. Its sleek interface, powerful features, and seamless integration with other Microsoft tools are undeniably tempting. But is it the only viable option for managing your business in 2024? Not quite. Here's the reality: 1. "Compulsory" is often subjective: Depending on your company size, industry, and unique needs, other robust ERP solutions might fit your workflow better. Consider players like NetSuite, Sage Intacct, or Acumatica – each with its own strengths and quirks. 2. Cloud is king, but not emperor: While Business Central's cloud-based nature is a major advantage, don't discount the merits of on-premises solutions. If data security or customization are paramount, local software might be the right choice. 3. Migration matters: Ripping out your existing system and diving headfirst into Business Central can be costly and disruptive. Evaluate the time, resources, and potential data loss before taking the leap. So, where does that leave us? Business Central is compelling, but not compulsory. It's a powerful tool, but choosing the right ERP is like finding the perfect suit – it needs to fit your unique shape and style. Here's the real takeaway: Do your research: Compare leading ERP solutions based on your specific needs and budget. Consider hybrid options: Cloud + on-premises solutions might offer the best of both worlds. Prioritize a smooth transition: Minimize disruption by carefully planning and managing your migration. Remember, your ERP is a long-term partner, not a fleeting fling. Choose wisely, and don't let the "compulsory" buzz pressure you into a mismatch. Now, get out there, compare, and choose the ERP that truly makes your business sing! P.S. Share your ERP experiences and insights in the comments below! Let's build a community of informed decision-makers. #ERP #BusinessCentral #CloudERP #OnPremises #ChooseWisely

As a busy executive, we understand that your time is valuable. That is why we are sharing NetSuite's concise video to help you quickly grasp the ROI potential of an ERP system. Using a fictional business as an example, this short video explains how integrating core business processes through an ERP solution can deliver significant value across finance, sales, customer relationship management, inventory management, human resources, project management, and more. Get a clear picture of the quantifiable return on investment by watching the video here: https://lnkd.in/eAkRS8qC #NetSuite #TimeisNow #value #ERPSystems #ROI #ERPInvestment #decisionsbasedondata #costsavings #increasedproductivity #improvedefficiency #busylife #ROIvideo

Streamlining operations is no longer a luxury but a necessity in today's competitive business landscape. Companies are using technology to eliminate repetitive tasks, handle materials in the warehouse, manufacture products, and provide around-the-clock customer service to their customers. With new features being rolled out to help companies streamline their operations, read how NetSuite, a leading cloud-based ERP platform can help you work smarter, faster, and better. 👉🏻https://brnw.ch/21wGpxx #OperationalExcellence #NetSuite #BusinessEfficiency #TechInnovation

Understanding the financial impact of an ERP investment is essential for making informed decisions. This article provides insights into how to calculate the ROI of an ERP system, considering factors such as cost savings, increased productivity, and improved efficiency. Adnan Lawai, Umair Khan , Syed Abdul Nasir , Gareth Potter, Rob Terry, PMP, MJ Stephens , Lily Yoder #NetSuite #Timeisnow #value #ERPSystems #ROI #ERPInvestment #decisionsbasedondata #costsavings #increasedproductivity #improvedefficiency