Ransomware – How to be secured?
Ransomware is a type of malware that threatens to destroy or withhold a victim’s critical data unless a ransom is paid to the attacker. Unfortunately, this type of cyberattack is on the rise — ransomware was named the top threat type for 2021, and attacks increased over 140% in Q3 of 2021 alone.
Why business switch from QuickBooks to NetSuite?
Once the business has reached the scale where managing multiple departments over multiple location is a challenge, multiple accounting tasks management over there becomes a tedious task. Business owners find it challenging to rely on QuickBooks for the same due to a few limitations.
The checklist to avoid the ERP implementation failure
It was reported that in 2004, the HP Company recorded a 5% drop in its profits due to delays, cost overruns, and loss of revenue implementing a centralized ERP system for the entire organization.
Vodafone missed migrating several of its clients to a new ERP platform it was implementing by the time it was revealed had to carry a fine of 4.6 million pounds sterling.
Top 5 ERP trends in the Market
A few years ago, in the world of business management systems, it was unthinkable to update an Enterprise Resource Planning (ERP) due to its high costs and huge infrastructure requirement. Some projects took all most two years to complete; imagine the work and cost generated for constant updates at that time.
NetSuite ERP for Manufacturing Companies
Over the years, the manufacturing landscape has become increasingly competitive. Regardless of their size, manufacturing companies must deliver quality products at a faster rate and at the lowest possible cost to gain substantial market share and increase the number of new customers while keeping the old ones. This is a real challenge for any manufacturing company, as it must continually renew all the processes involved to achieve it (production, sales, and distribution) to be truly effective.
NetSuite Modules: Types, uses and its Benefits
Today, NetSuite ERP is a part of everyday life for many companies. To understand the advantages what this technology offers, it is important to have a basic knowledge about its operation. Therefore, understanding ERP modules is essential here. NetSuite modules are capable of covering all the company’s needs in a single unified platform. The platform consists of modules such as financial, commercial, accounting, logistics, CRM, etc. Thanks to this modular structure, Netsuite ERP allows businesses to manage and integrate all areas of a company, by bringing more customization to the software and usability for managers. Want to understand better? Keep reading!