What is Planning and Forecasting?

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Planning and forecasting is the process of analyzing historical and current data trends to help businesses make more informed decisions about future plans. In comparing past and present information, forecasting helps businesses make predictions around business performance and expenses. Those predictions are then used to set operational and strategic plans. What is Planning and Forecasting? […]

What is Cloud ERP?

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Cloud enterprise resource planning, or cloud ERP, takes the critical business functions of ERP software—such as accounting, inventory and order management, human resources and customer relationship management—and allows users to access them over the internet. A cloud ERP system is a shared database that enables different groups within an organization to access the same data […]

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 […]

Feel. Keeps Its Legion of Fans Happy with the Help of Cloud-Based ERP

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When Feel. was founded in 2005, the futsal and soccerware market in Japan was full of dreary apparel that didn’t reflect the fun and dynamic sport. The brand injected much-needed colour and life into the industry and quickly gained a passionate customer base who fell in love with its bold and daring designs. Discover how […]

What Is NetSuite OneWorld?

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NetSuite OneWorld delivers a real-time, unified global business management solution for enterprises that manage multinational and multi-subsidiary operations. NetSuite OneWorld helps businesses adjust for multiple currencies along with taxation and legal compliance differences at the local level. On the accounting side, NetSuite OneWorld consolidates regional and global operations into a unified view and deploys standard […]

What Is NetSuite Advanced Order Management?

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NetSuite Advanced Order Management brings more efficiencies to NetSuite’s Order Management Solution by automating order allocation, orchestration and execution processes. This helps businesses intelligently fulfill orders based on global inventory availability and predefined business rules, ensuring orders move more seamlessly through the fulfillment process while providing businesses greater visibility and control over the supply chain. […]

How NetSuite Helps Agritech Startup Farmpal Empower Indian Farmers

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Agritech startup, Farmpal, has designed a digital platform—powered by a user-friendly mobile app—that connects Indian farmers directly with business customers. With its sophisticated supply chain and inventory management system, Farmpal is striving to overcome India’s challenging agricultural problems through technology innovation. Discover how choosing Oracle NetSuite to integrate its financial and inventory data has helped […]

What Is an Order Management System (OMS)?

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An order management system (OMS) centralizes and automates order processing (including capturing, tracking and fulfillment) from all sales channels and locations, and delivers inventory data that spans across warehouses, stores, third-party logistics and suppliers. An OMS allows merchants to efficiently and profitably manage all orders, lower operational costs and, ultimately, improve the customer experience. What […]