This year’s Outdoor Retailer Show had a new home and, for some in the organization, a new mission.
Tally up one more for NetSuite. After garnering most of the accolades from independent analysts at the end of 2017, NetSuite has started the year off strong by being named a Leader in the G2 PSA Winter 2018 Report.
For years, businesses have been frustrated trying to get the full value out of their ERP systems. Software providers and consultants would come in to implement the system and things would be great. As the business evolves, either through growth, changes in the business model or acquisitions, the system no longer meets the company’s needs. Those systems either held the business back or required a new wave of consultants to come in to learn the business all over again and adjust the workflows, integrations and configuration. Changes to the business often necessitated new software modules, even new systems and re-implementations that can create hurdles for the business and hinder growth. And, with legacy on-premises systems, customizations could break with every upgrade. Additionally, with the release of new functionality, the customer was hard pressed to take advantage of these capabilities without additional significant investment.
Alton Lane, a maker of customer-tailored men's apparel, is not like most retailers when it comes to capturing customer data. That’s because each customer record includes not only the basic data – contact information, buying history, etc. – it includes the specific measurements of every customer to ensure the custom clothing they buy fits perfectly.
Sometimes IPOs are wildly successful, doubling or tripling in value over the course of a few weeks. Others may flop, and be put in Wall Street’s penalty box. Recovering from a poorly executed IPO can take years. For even the most seasoned executives with experience in the public markets, proper preparation is necessary to ensure a successful public offering. Understanding reporting rules and regulations is only part of the challenge. How you position the company, and communicate targets and results is equally important. NetSuite recently hosted a webinar with Tim Dolan, managing partner at ICR, a strategic communication and advisory firm for public and pre-IPO companies. He outlined three key tips to avoid becoming a Wall Street casualty. Watch a replay of the webinar.