The C-Suite Perspective on NetSuite ERP As a CEO or CFO in the wholesale & distribution industry, you know the stakes. Margins are tight, competition is fierce, and the ability to make informed, data-driven decisions can mean the difference between thriving and surviving. Yet, many businesses are held back by outdated systems that deliver fragmented insights, making it challenging to see the full picture. […]
Your competitors aren’t just battling you for market share—they’re fighting off digital predators every single day. Last year alone, the average cost of a data breach reached $4.45 million, with 60% of small businesses closing within six months of an attack. The uncomfortable truth? Your cybersecurity insurance firm is doing everything they can to not […]
Did you know that manufacturing downtime now costs businesses an astonishing $260,000 per hour on average? This financial burden falls particularly hard on small to mid-sized manufacturers who often lack the cash reserves of larger competitors. Recent industry research shows these costs have increased by nearly 30% in the past five years alone. The impact […]
As the business operations landscape for manufacturers and distributors continues to change at an expedited pace, managing operations across multiple states presents both opportunities and challenges. We’re pleased to share key insights to help you maintain compliance while optimizing your financial operations. Mastering Multi-State Compliance The regulatory landscape across states continues to grow in complexity. […]
Looking to make the finance team more efficient and improve business operations? Today’s enterprise resource planning (ERP) systems integrate and automate essential financial and operational functions and provide a trove of data insights from sources including general ledger (GL), accounts payable, accounts receivable, payroll and financial reporting. Modern ERP systems also help with inventory, order […]
In this article, we’ll cover: · What Are Production Costs? · 24 Ways to Reduce the Cost of Production · Reduce the Costs of Production With NetSuite · Production Cost Reduction FAQs One of the most successful ways that manufacturers can improve their profitability and their business viability is by reducing the cost of […]
