What is Supply Chain Management (SCM)?

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Supply chain management (or SCM) encompasses all of the processes involved in acquiring and converting raw materials into finished goods as well as fulfillment and support. Effective supply chain management can prevent disruptions along the supply chain and help businesses meet demand in the most efficient way, ultimately delivering a positive customer experience. What is […]

What is Financial Management?

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Financial management is the process of creating a budget that supports the long-term plans for a business and informs decisions on where and how to invest funds around things like hiring, paying suppliers, research and development and other important initiatives. Effective financial management helps a business operate more smoothly by boosting profitability, maintaining cash runway, […]

What is Customer Relationship Management (CRM)?

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Customer relationship management, or CRM, technology helps create, store, automate and optimize customer and prospect data. A CRM system is a shared platform that enables sales, marketing and customer service teams to conduct business more effectively, providing visibility into the same information across each touchpoint of the customer journey. Ultimately, a CRM solution helps businesses […]

What Is a Human Resources Management System (HRMS)?

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A human resources management system (or HRMS) is a set of software applications that support and automate HR processes throughout the employee lifecycle, including: payroll, timecards, taxes, employee development, performance reviews, benefits, compliance and more. An HRMS allows companies to manage many people-related activities in one place, increasing efficiency and enabling business leaders to better […]

What is Human Capital Management (HCM)?

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Human Capital Management, or HCM, is a set of practices and processes a business uses to acquire, develop and optimize its workforce. It plays an essential role in helping HR managers and executives make crucial decisions around workforce costs and future workforce needs as well as promotions, training and HR operations. HCM improves the business […]

What Is NetSuite’s Quality Management Solution?

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NetSuite’s quality management solution(QMS) automates processes around things like inspection plans, tracking test results and evaluating vendors. The solution enables quality engineers to perform inspections, review standards, and record and submit data for analysis directly from the inspection area, providing real-time feedback and instant access to test results. It also triggers workflows around specification failures […]

What is a Warehouse Management System? | NetSuite

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NetSuite Warehouse Management System (or WMS) optimizes day-to-day warehouse operations, guiding users through important tasks, like receiving and storing items to picking and shipping them. What is a Warehouse Management System? | NetSuite – YouTube

What is Inventory Management? | NetSuite

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NetSuite’s inventory management solution helps minimize manual processes by automating tracking of inventory levels, orders and sales. What is Inventory Management? | NetSuite – YouTube

What is NetSuite Revenue Management?

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NetSuite Revenue Management simplifies the revenue reporting and compliance processes by automating revenue recognition, allocation, reclassification, auditing and forecasting. What is NetSuite Revenue Management? – YouTube

Fixed Assets Management Solution | NetSuite

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NetSuite Fixed Assets Management helps businesses manage the complete asset lifecycle, rom creation to valuation, depreciation and retirement. Fixed Assets Management Solution | NetSuite – YouTube