tag presents cloud computing with netsuite
DESCRIPTION
• Too many businesses today find that they are stuck using an old version of their financial management software. Upgrading your software is a costly and very messy process. • With so many processes, reporting laws, and taxes changing every year, having software that automatically updates and requires no maintenance can be crucial.TRANSCRIPT
Transforming Your Business ManagementWith Cloud Computing
Dan McGuckin, MBA, PMP – Enterprise Applications Consultant
Dan McGuckin, Enterprise Applications ConsultantMcGuckin has over 20 years of extensive experience in the design, enhancement and launch of enterprise application initiatives, including enterprise resource planning (ERP), customer relationship management (CRM), warehouse management systems (WMS) and human resource information software (HRIS). As a software consultant, he has helped over 250 companies, across many industries; improve their operational efficiency by implementing improved processes and enterprise applications. For a portion of his career, he worked as an Information Systems (I.S.) Director for small-to-medium-sized companies in Southern California.
TAG is a NetSuite Authorized Business Partner.
www.teamtag.net [email protected]
The Advent of the Business Cloud
11Technology Technology
affecting affecting financefinanceand ITand IT
## 5544
Planning or Planning or Interested Interested in Cloudin Cloud
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GROWTHGROWTH66XX
© NetSuite 2010 4
Automated backups,
uptime, SLA,maintenance
Automated backups,
uptime, SLA,maintenanceSolution
hosted by vendor
Solution hosted by
vendor
Automatedupgrades
Automatedupgrades
Web and mobile -
access from anywhere
Web and mobile -
access from anywhereModern web
based integration
Modern web based
integration
Elastic, pay as you go – scale up or
down
Elastic, pay as you go – scale up or
down
Greater need for business
visibility
Greater need for business
visibility
Local sales tax changesLocal sales tax changes
Increasingly distributed business
Increasingly distributed business
More selling channels
More selling channels
Shrinking IT resources
Shrinking IT resources
Launching new subs and
geos
Launching new subs and
geos
New businessmodels
New businessmodels
Changing financial
reporting
Changing financial
reporting
Version Locked Business ManagementSoftware is a Liability in a Sea of Change
And Ended Up with an Applications “Hairball”
7
Why Run Your Business in the Cloud?
Stay abreast of latest accounting and regulatory changes
More easily scale a distributed, global organization
Reallocate IT budget from maintenance to innovation
Get automated upgrades and eliminate “wasted” maintenance
Benefits from economies of scale for security and data mgt.
Use a modern, more easier to integrate solution
Typically get more tightly integrated analytics
Cloud computing enables businesses to:
On Premise ERP vs Cloud ERP TCO
50% Reduction in Overall TCO
80% Reduction in IT Headcount Costs
50% Reduction in Training Costs
100% Reduction in Infrastructure Costs
4 Year TCO, 100 Seats
Keys to Cloud ERP Success:ERP that Improves Organizational Efficiency
Trait Business Benefit
Quote to cash integration Reduce cycle time and overhead
Procure to pay integration Eliminate spreadsheets
Web based T&E management Improve employee productivity
Comprehensive audit trail Reduce audit times and improve compliance
Self service dashboards & reporting
Reduce time spent “hunting”Collaboration and “actionable
One view of the customer Improve team collaboration, reduce redundancy
Trait Business Benefit
Support multi-sub and COAs Manage consolidation times as business grows
Country specific tax and accounting regulations
Eliminate need to add ERP to support local needs
Automated sales tax management Calculate sales taxes across channels and geos
Drill down from corporateto subsidiaries
Ensure straight line visibility from HQ to geos
Multi-language management Ensure you can localize solution to geo needs
Keys to Cloud ERP Success:ERP that Supports Growth
Trait Business Benefit
Comprehensive web services integration
Integrate with suppliers, channels, and services
Graphical workflow management Empower line of business to automate business process
Managed customization layer Ensure that customizations will not “version lock” application
Mobile and anywhere access Support the distributed organization
Industry functionalityand ecosystem
“Future proof” application
Keys to Cloud ERP Success:ERP that Supports Business Flexibility
You Can Now Run Your Entire Business in the Cloud
CEO CFO
Sales Rep/Manager
Support Manager
EcommerceManager
ShippingManager
Customers
Vendors Partners
ECOMMERCE
CRM+
FINANCIALS
PSA
Comprehensive ERP:
Integrated Process = Real Time Visibility
Analytics + Cloud = Easier to Access Analytics from Anywhere
• Browser
• Email / Alerts
• Mobile devices
• Push and pull
• Work / home
Proven Deliveryfor Your Industry and Size
The #1 Cloud ERP for Software Companies
The #1 Cloud ERP forWholesale Distributors
The #1 Cloud ERP forManufacturers
The #1 Cloud ERP forServices Companies
The #1 Cloud ERP forRetail / Ecommerce
The #1 Cloud ERP forGlobal Businesses
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www.twitter.com/TAGmanagement
Questions?
Thank You!
www.teamtag.net