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NetSuite’s 3-Way Match: Pros, Cons, and Everything in Between

The 3-Way Match Process is an important step in the accounts payable process of most organizations.  It provides a final verification that what is about to be paid has actually been received from a vendor.  This is regardless of whether the receipt is a physical item or a service. A well-defined 3-Way Match Process addresses …

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Measuring Warehouse Productivity

Optimizing day-to-day warehouse operations is critical to increasing warehouse productivity. Companies can reduce operating expenses, improve inventory visibility, achieve better labor management and increase customer service by implementing a warehouse management system (WMS). NetSuite Warehouse Management System (WMS) offers industry leading warehouse management functionality designed to improve the user experience and warehouse processing operations. Read …

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5 Ways Oilfield Services Companies Can Leverage Advanced Technology

For many oilfield services (OFS) companies, the boom or bust nature of the business, requiring a focus either on responding to rapid demand or suddenly needing to cut costs has left them without a reliable technological backbone. Most are a long way from what some have termed the “digital oilfield,” but some oil and gas …

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Applying For-Profit Accounting Principles to Non-Profit Organizations

At the SuiteWorld19 conference, Chris Whitfield, CFO of MANA Nutrition, talked about how he uses his background in for-profit companies at his newest position in the not-for-profit industry. He stressed that the organizations have more in common than one might assume, and those similarities offer non-profit finance professionals an opportunity to apply more for-profit principles …

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Q&A About the Impact of Tariffs for Wholesale Distributors

Many companies are concerned about the potential impact of the trade war between China and the United States. This topic was the focus of a recent NetSuite webinar. Read this NetSuite blog post for a summary of the questions and responses. Watch the webinar: “A Candid Conversation About Tariffs” Contact the GYF ERP Solutions Group …

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Newest NetSuite Release Offers Enhanced Functionality for Manufacturers

In the 17.2 release, NetSuite is enhancing its existing capabilities to meet the needs of manufacturing companies. Several key features have been enhanced for the Bill of Materials (BOM) functionality: New BOM Structure Separate BOM Record Multiple BOMs Location-Specific BOMs Multiple SKUs Enhanced Revision Capabilities Read more about NetSuite blog post Contact us for more information …

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