NetSuite continues to claim leadership in independent analyst reports across a wide variety of software categories. In the latest, the IDC MarketScape has named NetSuite a leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled PSA ERP Applications 2017 Vendor Assessment (Doc #US42215717, September 2017).
For the modern services company, the competitive landscape is getting more and more difficult. Differentiating yourself, and finding competitive advantages are critical to your growth. Driven by customers like you, the newest NetSuite release, 17.2 includes many enhancements to help you be more competitive, take advantage of market changes more quickly, improve compliance with the newest revenue standards, and track your performance the way you need to measure it.
Leaders from Quicken, Nutanix, and KPMG took to the main stage at Oracle OpenWorld during this year’s SuiteConnect, offering some frontline perspective on upcoming changes to accounting standards.
While the ways in which to measure outcomes in a professional services business controversy have grown significantly in recent years, a basic question still remains, what metrics should be followed and how best to measure them. It can feel like a lot like weight loss, watching calorie intake all week but the number on the scale still shows the same results.
For software and technology companies, billing and revenue is generally derived from the following elements; perpetual licenses, subscriptions, maintenance (potentially usage and/or hardware) and services. These different elements each have distinct rules to trigger billing and recognize revenue in accordance to local governing regulations. Finance tends to have a good handle on managing the rules and triggers across most elements, albeit some of this work may be managed manually with spreadsheets.