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If you missed SuiteWorld in May, or are just interested in a recap, lucky for you our NetSuite team was able to attend and took plenty of notes!

Here are five key takeaways from SuiteWorld 2016:

[/fusion_text][fusion_separator style_type=”none” /][fusion_text]1. Released in June, SuiteBilling will simplify the order-to-billing-to-revenue recognition processes regardless of business model – product, time, service, subscription, usage or any combination.

While at SuiteWorld, one of our team members spoke with a complex software company that has subscription and usage requirements. The company stated they would have likely saved $300,000 in custom work if SuiteBilling had been in place when they implemented. What it comes down to is, if you sell it, NetSuite can now bill and recognize it.[/fusion_text][fusion_separator style_type=”none” /][fusion_text]2. Suite Success: 0 to Cloud in 100 days. Suite Success is a transformative customer engagement methodology that is designed with years of experience and leading practices to help customers meet their business needs and industry requirements. Guaranteed to get customers live in 100 days or less.[/fusion_text][fusion_separator style_type=”none” /][fusion_text]3. SuiteApp Market Place is making it easier for administrators and end-users to find their desired SuiteApp. Every user will have access to a SuiteApps tab, where they can view popular and top-rated apps, new releases and request information all within NetSuite.[/fusion_text][fusion_separator style_type=”none” /][fusion_text]4. Suite Script 2.0 is delivering simplicity to development. Anyone with Java script experience can start developing on the platform immediately, which opens up a massive marketplace of resources that can add value to the solution.[/fusion_text][fusion_separator style_type=”none” /][fusion_text]5. OneWorld 16 is the enhancement of NetSuite’s existing One World Solution. It is designed to provide global enterprises with the agility and flexibility of a start-up, while supporting global enterprises in regulatory, industry and tax. It will allow for the automation of complex processes such as:

a. Global Entity Management

b. Automate Intercompany Processes

c. Automated Elimination & Consolidation

d. Multiple Accounting Books

e. SuiteGL

If you have any questions or would like to talk to someone about NetSuite and SuiteWorld, contact us today![/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

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