NetSuite’s Revenue Recognition Software Helps Attain Accounting Compliance

By Steven Cariglia on Jun 8, 2016 2:06:28 AM

In most businesses – whether they offer products, services or both – revenue recognition is a key challenge because one needs to keep track of the constantly changing rules of licensing, contracting and distribution. Moreover, strict SEC regulations and standards of revenue recognition have to be met.

In order to efficiently tackle these regulatory challenges, your business needs a cloud-based ERP solution that provides advanced revenue recognition capabilities. The notion behind NetSuite’s revenue recognition software is to provide a fully integrated solution for reporting and revenue calculation; this simple idea leads to higher data integrity, flexible and easy-to-use systems, lower maintenance and greater visibility.

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How Finance Solutions Can Conquer Disruptive Changes

By Steven Cariglia on Jun 6, 2016 1:53:26 AM

Software companies are known for their ability to grow, adapt, and transform themselves so as to counter the challenges thrown up by changing times, varying customer buying patterns, and upcoming competition. They need to be able to act swiftly and assertively, while maintaining a stable financial base for their organizations. Finance departments have to strike an ideal balance between helping their organizations to stay agile enough for quickly adapting to changing technologies while simultaneously providing them with a stable financial base.

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How Cloud ERP Compares to On-premise ERP

By Steven Cariglia on May 26, 2016 8:39:50 AM

While considering a new ERP system to invest in for your business, one of the main decisions to take is whether to go for a cloud-based ERP system or an on-premises one.

As the name suggests, an on-premises ERP system is one that is installed locally on your servers and has to be managed by your internal IT staff. In contrast, cloud-based ERP (or Software-as-a-service, aka SaaS) is offered as a service by an external vendor. This software and its related data are managed by the vendor who provides this service and users access it via web-based browsers.

Topics: ERP Cloud ERP
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