PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: NetSuite, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

NetSuite Services Resource Planning Builds Global Momentum - NetSuite Inc. announced that more than 450 services organizations from around the world have moved away from pre-cloud, on-premise software such as Deltek for NetSuite Services Resource Planning (SRP) to manage the complete bid-to-bill lifecycle
NetSuite Services Resource Planning Builds Global Momentum

 

NewswireToday - /newswire/ - San Mateo, CA, United States, 2011/09/06 - NetSuite Inc. announced that more than 450 services organizations from around the world have moved away from pre-cloud, on-premise software such as Deltek for NetSuite Services Resource Planning (SRP) to manage the complete bid-to-bill lifecycle. NYSE: N; ORCL

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Services Organizations Left On-Premise Software Such As Deltek for NetSuite Cloud SRP.
• Upcoming NetSuite and IDC Webinar to Highlight Importance of SRP Trend for Services Organizations.

NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP software suites, today announced that more than 450 services organizations from around the world have moved away from pre-cloud, on-premise software such as Deltek for NetSuite Services Resource Planning (SRP) to manage the complete bid-to-bill lifecycle, ranging from project management, service delivery, billing, revenue and resource management, to driving repeat business from existing clients. EORM, a company that switched from Deltek to NetSuite SRP, along with Solusoft, avVenta Worldwide, and InfrastructureWORKS are among the 1,500 services companies around the globe that are reaping the cloud benefits of NetSuite, including reduced IT costs, increased utilization of resources, improved project margins, better quality and transparency of client interactions, and real- time visibility into services business operations.

NetSuite (netsuite.com) is the pioneer of the SRP vision which seeks to revolutionize operations for services organizations as MRP did for manufacturing businesses. NetSuite SRP helps services organizations automate and manage key aspects of their business—resource management, project management, marketing, skills tracking, service delivery, billing, revenue and financial management, new client acquisition and driving repeat business from existing clients. For global services organizations, these solutions enable them to overcome the challenges of global services delivery, including comprehensive support for multiple languages, currencies, taxation rules, and global resource pools, as well as real-time global visibility across their entire business. Services organizations can quickly realize benefits by moving to the cloud and NetSuite SRP, abandoning outdated on-premise software systems, ad hoc spreadsheets, and email lists to manage critical client projects. NetSuite SRP allows them, for the first time, to fully take advantage of the dramatic cost savings, service delivery improvements, and productivity benefits of cloud computing.

In stark contrast, professional services automation software from on-premise software vendors such as Deltek, remain reliant on expensive servers requiring large IT organizations, have costly, lengthy upgrade cycles and are often trapped by version lock.

EORM (eorm.com), a San Jose, Calif.-based provider of environmental, health, safety and sustainability consulting services serving more than 450 clients worldwide abandoned the antiquated architecture and bloated cost structure of Deltek's outdated on-premise software in favor of the NetSuite Cloud. The global complexities of managing customers with more than 120 geographically dispersed consultants became overwhelming for EORM's existing Deltek Advantage legacy system. The firm wanted to move into a state of the art system, and turned to NetSuite SRP. "Our existing system was error prone and inefficient, the Deltek solution could not support our growing business," said Paul Johnson, CFO of EORM. "We wanted one system that will grow as we need and provide a total integration of sales, project delivery and invoicing. We found that with the real-time visibility NetSuite SRP provides into all of our key business metrics, we will have a four-year payback on hard dollars, our globally dispersed managers and staff can gain access to the system from wherever they are, and the audit trail is amazing."

"SRP is the way forward for services organizations looking to free themselves from the frustration and losses that result when resources cannot be optimally deployed, projects veer off track and back-office costs erode margins," said Ed Marshall, senior vice president of product strategy, NetSuite. "With a dozen years of experience helping services organizations transform their business in the cloud, nobody does SRP better than NetSuite."

Other Companies that have adopted and succeeded with NetSuite SRP include:

Solusoft (solusoft.com), a business consulting and technology services company serving the Caribbean and northern Latin America regions. After more than a decade of sustained growth, Solusoft needed a comprehensive enterprise computing solution that could meet not only its relationship management and professional services requirements, but the unique accounting and taxation demands of the region. The firm previously relied on local accounting solutions that were inadequate to manage its business operations. Only NetSuite SRP met Solusoft's full range of functional requirements, including the ability to scale and activate new functionality as business needs expand and change. Solusoft tracks all lead generation and client commitments in SRP, as well as the entire billing lifecycle, which has improved visibility and consistency of consultant, client, and accounting activities. "With NetSuite SRP, we can ensure that consultants are not over-booked or under-utilized, that project managers always have access to the resources they need to be successful, and that our revenue streams are always recognized, realized, and recorded," said Glenn Tjon, Solusoft managing director.

InfrastructureWORKS (infrastructureworks.com), a technical consultancy focused on business continuity and disaster recovery. As a spinoff of an existing company, InfrastructureWORKS was tasked with quickly establishing enterprise-grade systems to support its services business, without a large capital outlay. NetSuite SRP streamlined prospect-to-customer processes which enable billable work to begin faster, and supports a complex, performance-based compensation model that helps the company properly recognize, reward, and retain its top talent. "When we started this new company, we did not want to have to do an extensive buildout of back-office staff and processes," said Jeff Greenberg, InfrastructureWORKS founder. "NetSuite SRP gives us complete, paperless enterprise management and allows us to stay lean."

avVenta Worldwide (avventa.com), a privately held global digital agency that specializes in marketing operations and digital/interactive marketing strategies. Prior to NetSuite SRP, avVenta relied on a cumbersome hairball of systems for financials and CRM, along with numerous spreadsheets and various legacy systems to service its client across North America, Europe, Asia and Latin America. avVenta is using NetSuite SRP for professional services billing, advanced accounting and sales force automation. NetSuite SRP enabled avVenta to significantly streamline operations and reduce time to close books from 60 days down to two weeks, saving the company thousands of dollars. "We also use NetSuite SRP for direct marketing and business development, the biggest benefit for us is having the ability to track events and ROI from the events in NetSuite, something we could never do with our previous systems," said Samatha Plue, Director of Marketing at avVenta.

Follow NetSuite's Cloud blog, NetSuite's Facebook page and @NetSuite Twitter handle for real-time updates.

NetSuite and the NetSuite logo and where business is going are service marks of NetSuite Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: NetSuite, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Tracking Navigation - Purchase keywords tags asset tracking, fleet management / Banner Ads!.

 
  Your Banner Ad showing on ALL
Tracking/Navigation articles,
CATCH Visitors via Your Competitors Announcements!


NetSuite Services Resource Planning Builds Global Momentum

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

NetSuite, Inc. |
Publisher Contact: Mei Li - NetSuite.com 
650-627-1063 meili[.]netsuite.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NetSuite, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Tracking/Navigation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From NetSuite, Inc. / Company Profile


Read Tracking/Navigation Most Recent Related Newswires:

Safran’s SpaceNaute Navigation System Chosen for New Ariane 6 Launch Vehicle
AGI Partners with Singapore’s NTU-ATMRI to Develop Urban UTM Solutions
GE’s Marine Solutions Strengthens its Presence in ASEAN and China
Leonardo Introduces Latest Generation Active Sonar At Euronaval
Kyrgyz Republic's Main International Airport Adopts NEC's Air Navigation System Solution
MiX Telematics Introduces Industry First Connected Asset Solution
Sparta Systems Announces Silver Sponsorship and Speaking Engagement at the 11th Annual Global Food Safety Summit
MiX Telematics Showcases its Smart Solutions At CTIA Super Mobility 2016
Frost & Sullivan Highlights TSPS, Inc. for Setting the Bar in Customer Value in the North American Commercial Vehicle Smart Parking Services Market
Curtiss-Wright Adds 90-Day Underwater Locator Beacon (ULB) Support to Crash Protected Recorder Family
Frost & Sullivan Lauds MiX Telematics’ Rise as the Leading Provider of Information and Related Services for Mobile Assets
Safran Navigation Systems Selected for France’s New Griffon Armored Vehicles of Scorpion Program
Thales Launches New Ultra-tactical Version of the Ground Master 60 with A Search on the Move Capacity
ROBIN Radar Introduces New Drone Detection System Featuring Advanced Radome Made with Dyneema® Crystal Technology
Frost & Sullivan Commends Storm Telematics’ Best-in-Class Customer Value/ Service in the Fleet Optimization and Asset Management Analytics Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)