The NetSuite Insider NetSuite logo
November 2013
top bar

FEATURE



Opportunity

Opportunity Isn’t Just Knocking... It’s Breaking Down the Door

FULL ARTICLE

As we enter the mid-point of the hectic Q4 cycle and look to close 2013 with a bang, opportunities for NetSuite Solution Provider partners aren’t just knocking—they’re practically breaking down the door.

Looking back over recent developments, I’m hard-pressed to recall as many positive dynamics converging at the same time that open new doors for partners to pursue and close deals, both in terms of weakening competition from SAP, Sage and others, and enhancements to the NetSuite value proposition.



NEWS & EVENTS



Financial Results

NetSuite Announced Third Quarter 2013 Financial Results

NEWS RELEASE

NetSuite announced results for its third quarter ended September 30, 2013. Total revenue for the third quarter of 2013 was $106.9 million, representing a 34% increase over the same period in the prior year. Cash flows from operations were $14.6 million in the third quarter of 2013, down from $15.2 million in the same period in the prior year. On a GAAP basis, net loss for the third quarter of 2013 was $16.8 million, or $(0.23) per share, as compared to a net loss of $8.0 million, or $(0.11) per share, in the third quarter of 2012. Non-GAAP net income for the third quarter of 2013 was $6.9 million, or $0.09 per share, as compared to non-GAAP net income of $5.7 million, or $0.08 per share, in the third quarter of 2012.



EDUCATION AND SUPPORT CENTER



Certificate

NetSuite Certification Program

READ MORE

Be among the first to have a NetSuite Certification logo on your business card!

More and more companies are relying on NetSuite ERP to run their businesses. Because of this, companies are demanding qualified NetSuite ERP consultants. To meet this demand, the SuiteTraining Team is delighted to announce the launch of the NetSuite Certification Program.



PRODUCT ANNOUNCEMENTS



NetSuite logo

NetSuite Announces SAP Business ByDesign Sunset Migration Program

NEWS RELEASE

NetSuite Inc. recently announced the SAP Business ByDesign Sunset Migration Program, a new migration program for companies running SAP Business ByDesign. Companies that are fed up with SAP’s repeated re-architecting, re-positioning and ultimate decision not to significantly invest in the development of Business ByDesign can now turn to NetSuite’s proven cloud-based business management system, currently in use by more than 16,000 organizations and subsidiaries worldwide. To learn more about the program, visit www.netsuite.com/sapsunsetmigrationprogram. Under the Business ByDesign Sunset Migration Program, Business ByDesign customers in good standing are eligible for one free year of subscription and free data migration to speed their transition to NetSuite.


Webinar

Monthly SC Demo Webinar Series

NetSuite Solution Consultants have put together several product demo webinars that will be helpful in preparing for your own product demos. We have two SC webinar demos available now with more to come in the next few months. The two demos available now are a NetSuite Overview demo and NetSuite Manufacturing demo, showing the new manufacturing capabilities. We plan to continue these webinar demos as an ongoing series. You can find the demos on the Partner Resource Center in the Training section in the Solution Consultant Demos folder.


NetSuite TribeHR

NetSuite to Acquire TribeHR, Creating the First Integrated Cloud ERP and HCM Suite for Small and Mid-Sized Businesses

NEWS RELEASE

NetSuite Inc. has announced that it has entered into a definitive agreement to acquire TribeHR, a leading provider of Human Capital Management (HCM) solutions, to create the first integrated cloud ERP and HCM software suite for small and mid-sized businesses (SMBs). The proposed acquisition would create a single cloud solution for modern SMBs with the ERP power to run their core business operations as well as a rich, social HR software solution to manage employees.



CUSTOMER HIGHLIGHTS



A Glimmer of Hope and the New Office

A Glimmer of Hope and The New Office

LEARN MORE

At NetSuite.org, the corporate citizenship arm of NetSuite, we are always on the look-out for strong solutions providers and partners who can work with us to further our mission of putting NetSuite software into the hands of nonprofits and social enterprises around the world, so that they can focus more time and effort on their mission.


Siracom

Siracom Pulls the Plug on Sage and Turns to NetSuite to Drive Global Expansion

NEWS RELEASE

Siracom (www.siracom.com), a Value Added Distributor of wireless infrastructure and security products, has moved from Sage 50, Act! (formerly Sage Act!) and Excel to NetSuite. Siracom selected NetSuite to consolidate all of its disparate sales order and purchase order processing, inventory and accounting systems onto one unified cloud platform, after realizing Sage couldn’t provide the scalability necessary to manage its recent growth or support the company’s global expansion ambitions.



PARTNER SPOTLIGHT



logos

Microsoft, SAP, Sage Partners Join NetSuite Solution Provider Program as Demand for Cloud Solutions Continues to Grow

NEWS RELEASE

Five new partners have joined the NetSuite Solution Provider Program, offering mid-market companies a full complement of consulting and implementation services for NetSuite’s industry-leading cloud ERP, CRM, Ecommerce and professional services automation (PSA) software suite. In launching cloud practices with NetSuite, Accretive Solutions, ADN Corp., Corporate Renaissance Group, Sabre Solutions and The TM Group are addressing rapidly rising demand for Software-as-a-Service (SaaS) applications that offer businesses the flexibility and scalability for rapid growth without the high capital costs, lengthy implementations and ongoing upgrades and troubleshooting required with traditional on-premise systems.


CN Group

The CN Group Joins NetSuite Solution Provider Program in Australia

NEWS RELEASE

The CN Group (CN) has joined the NetSuite Solution Provider Program to strengthen its leadership in cloud integration services in Australia. CN, one of SAP’s first Business ByDesign partners in Australia, added NetSuite in January 2013 to its stable of cloud-based software solutions to meet the growing demand for cloud business management solutions in the region. NetSuite’s cloud business management software suite can enable CN’s customers to run their core business processes, such as ERP, CRM, financials, Ecommerce, professional services automation (PSA) and more, while reducing IT hardware demands, providing real-time business visibility, and improving operational efficiency and productivity.


Philippine VARs

Leading Philippine VARs Join NetSuite Solution Provider Program

NEWS RELEASE

Mustard Seed Systems Corporation and Achieve Without Borders, two IT and business consultancies headquartered in greater Manila, have joined the NetSuite Solution Provider Program. Both partners can offer NetSuite implementation services and support to small, medium and large enterprises in the Philippines. The addition of these new partners further strengthen the fast-growing network of NetSuite solution providers in the Philippines and meet the growing demand for cloud solutions among local businesses.



MARKETING EXCELLENCE



YouTube

New NetSuite SP Program YouTube Channel


Check out the new NetSuite Solution Provider Program YouTube channel here. We have a variety of videos from our top partners showcasing why they became NetSuite partners and highlighting some of their customer wins. Thank you to all partners who participated in these videos.

We will be producing a variety of additional partner videos moving forward. If you are interested in being part of a partner video, let us know and we will consider adding you to our schedule.


Email Template

New Marketing Campaign Email Templates


We have recently added a variety of new marketing campaign email templates to the Partner Resource Center. The templates provide great content for your own marketing campaigns. Use these campaigns as a starting point, add your logo and company contact information, and send them out to your prospects. Recently added campaigns include:

  • Executive Brief: Ron Gill on Why Private Software Companies Grow Better in the Cloud
  • How to Maximize Your Cloud Investment, by Constellation Research
  • Driving Global Growth with Cloud ERP
  • How NetSuite Can Transform Your Business
  • Integrating Budgeting & Planning
  • Several NetSuite product demo webinars
  • A variety of industry/vertical specific campaigns
  • Plus many more

Log into the Advanced Partner Center and click on the Partner Resource Center tab today. You can find the Campaign kits in the Campaign Email Templates folder under Sales & Marketing.


 

Mark Your Calendars
for SuiteWorld 2014,
May 12–15 in San Jose.

Calendar

RESOURCES

NetSuite Magazine NetSuite Magazine

White paper

From Fear to Fortune: Lessons from Leveraging the Cloud

QUICK LINKS

NetSuite.com
NetSuite.org
Submit a Story Idea

FOLLOW NETSUITE

RSS feed The Official NetSuite Blog
Twitter logo Follow NetSuite on Twitter
Facebook logo Become a Fan on Facebook
Youtube logo Watch NetSuite Videos
Flickr logo NetSuite’s PhotoStream
     

FEATURE

Back to top



Opportunity

Opportunity Isn’t Just Knocking... It’s Breaking Down the Door

As we enter the mid-point of the hectic Q4 cycle and look to close 2013 with a bang, opportunities for NetSuite Solution Provider partners aren’t just knocking—they’re practically breaking down the door.

Looking back over recent developments, I’m hard-pressed to recall as many positive dynamics converging at the same time that open new doors for partners to pursue and close deals, both in terms of weakening competition from SAP, Sage and others, and enhancements to the NetSuite value proposition. Consider:

SAP Business ByDesign Sunset Migration. NetSuite’s new program offers an easy, migration path for Business ByDesign users fed up with SAP’s repeated re-architecting, re-positioning and decision not to significantly invest in its purported cloud ERP offering, which never lived up to lofty goals of 10,000 customers and $1 billion in revenue.

NetSuite acquires TribeHR. Our acquisition of TribeHR, a NetSuite SuiteCloud Developer Network partner, creates a fully integrated ERP/HCM suite that addresses growing mid-market customer demand for extended HR capabilities in NetSuite, adding another strong data point to your sales pitch.

Sage users are poised to switch. A new independent survey of Sage users found that 74 percent of these users are likely to move to the cloud, and 44 percent don’t believe Sage has a strategy to get them into the cloud. While this study was based in the U.K., we see similar sentiment among Sage users around the world.

As these opportunities unfold, it’s no wonder that our Solution Provider community continues to grow in size and strength. For instance, the number of NetSuite partners on the VAR 100 list more than doubled between 2012 and 2013, from 11 to 23.

The NetSuite Accountant Program recently passed the 1,000-member threshold, while year-over-year sales through our channel partners shot up 70% in Q2.

Meanwhile, the partner community continues to attract top-tier VAR’s, with the continued addition of new solution providers, many of which are adding their first cloud ERP, CRM and ecommerce offering to existing Microsoft, SAP and Sage portfolios. These developments reinforce that NetSuite is the premier ecosystem for solution providers seeking to capitalize on the global shift towards cloud applications.

Tip of the Hat to Top Partners
Some thanks and kudos are in order. First, thanks to those Solution Providers that contributed to the new NetSuite ERP Consultant Certification program. This important new initiative incorporates valuable feedback from beta partners Accenture, Aminian Business Services, Deloitte, Demand Solutions Group, ERP Guru, Explore Consulting, First Hosted, TrueCloud, McGladrey, Ncompass Business Solutions, NetSoft, NXTurn, Sixred and The New Office.

And congrats to our 2013 Partner Club winners. It was great to relax in Cabo San Lucas in early October and toast the success of our top 2012 sales producers, CloudTech, ERP Guru, Explore Consulting, Demand Systems Group, First Hosted, McGladrey and Sererra.

Best wishes for a busy and successful Q4 and year-end close. I hope everyone finds time and enjoys well-deserved holiday breaks later this month, and come December. Given the tremendous momentum we continue to see in the channel, those doors are going to continue to open even more once Q1 arrives.

As always, we welcome your feedback, suggestions and questions at solutionproviders@netsuite.com.

Best regards,

Craig West
VP, Channel Sales



NEWS & EVENTS

Back to top



A Glimmer of Hope and the New Office

A Glimmer of Hope and The New Office

At NetSuite.org, the corporate citizenship arm of NetSuite, we are always on the look-out for strong solutions providers and partners who can work with us to further our mission of putting NetSuite software into the hands of nonprofits and social enterprises around the world, so that they can focus more time and effort on their mission.

The New Office is one of these partners. A NetSuite implementation and integration service provider, The New Office looks at their partnership with NetSuite.org as a means for their employees to give back to the community. From CRM, ERP and ecommerce, to connecting old systems with new, The New Office’s NetSuite consultants and developers help organizations both big and small.

Dean Dzurilla, The New Office’s Founder and CEO, met with the NetSuite.org Team to talk about their successful relationship with nonprofit grantee A Glimmer of Hope. "NetSuite is a great piece of technology. Often though, many of the nonprofits we serve don’t have the means or capacity to fully realize [NetSuite’s] potential. We try to fill those gaps," said Dzurilla.

A Glimmer of Hope, founded by Donna Berber and her husband Philip Berber, developed a nonprofit model to bring deep, sustainable change in the lives of impoverished Ethiopian women and children. In order to expand their impact in rural Ethiopia, Glimmer turned to NetSuite in 2009 to replace their multiple, disparate software applications.

Dzurilla quickly became friends with the Glimmer staff, including its Chief Financial Officer, Stephanie Fast and Chief Executive Officer, Brian Cooper. His firm helped them implement their NetSuite software donation. Since then, The New Office has built a long successful partnership with A Glimmer of Hope.

"We fully support the Glimmer cause," said Dzurilla, "Not only through assisting them with their NetSuite’s needs but also donating to their relief projects around the world."

Glimmer meets and speaks with each village to learn about their people and their community. They then prioritize water, health, education and microfinance projects to meet the village’s unique needs. Once these projects are defined, Glimmer reaches out to donors who want to help. During the construction process, Glimmer sends donors media updates on the village’s progress.

The New Office configured A Glimmer of Hope’s financial system to properly allocate donor funds and track the performance of each project. Since then, The New Office has added deep customizations to Glimmer’s SaaS application and recently implemented NetSuite’s CRM functionality to better support their constituent management team.

To date, A Glimmer of Hope has constructed more than 6,700 water projects, 520 school buildings and 210 health facilities. They have also distributed more than 19,000 microfinance loans for small businesses and irrigation projects. Overall, Glimmer has improved the lives of 2.5 million Ethiopian citizens.

Dzurilla’s friendship with Fast and the Glimmer team has been a huge key to their success. They actively keep in touch and capture every opportunity to improve their use of NetSuite as they grow.

For nonprofits with similar missions to Glimmer, Dzurilla urges to not tackle all their software issues at a single time. In his experience helping NetSuite.org grantees, implementing NetSuite in bite-sized chunks has led to greater adoption rates and overall effectiveness.

"NetSuite has a lot of horsepower by design," said Dzurilla, "Nonprofits should leverage the system’s built-in workflows to take advantage of efficiencies gained in running their business."

NetSuite.org grantees often come to NetSuite’s solution provider partners to help them refine their software donations and boost the work they do around the world. Choosing a partner you can trust and who believes in your mission is critical to maximizing the benefits of your NetSuite system.

Does your organization need some extra help as well? Call your Social Impact Account Manager to learn more about NetSuite.org’s dedicated solution provider partners today! Or email us at Giving@NetSuite.com.


EDUCATION AND SUPPORT CENTER

Back to top



Certificate

NetSuite Certification Program

Be among the first to have a NetSuite Certification logo on your business card!

More and more companies are relying on NetSuite ERP to run their businesses. Because of this, companies are demanding qualified NetSuite ERP consultants. To meet this demand, the SuiteTraining Team is delighted to announce the launch of the NetSuite Certification Program.

What certification can mean for you:

  • Validate your company’s NetSuite expertise: More and more companies are seeking partners with professionals who have verifiable NetSuite experience.
  • Improve NetSuite customer implementations: To ensure faster ROI and successful deployments our growing NetSuite customer base is requesting certified professionals.
  • Distinguish yourself: As a certified ERP consultant, this individual certification allows professionals to stand out from the crowd!

Don’t wait! You can get started today by visiting our NetSuite Certification site where more information is available on the two required exams, recommended training, and FAQs.

Also, here is a sample press release for those companies that have successfully certified their ERP consultants and are planning to issue a press release. For help in writing your press release, please review the NetSuite PR Kit in the Getting Started folder in the Sales & Marketing section of the Partner Resource Center. Remember, NetSuite must approve all partner press releases mentioning NetSuite prior to the announcement or posting to PR Newswire. Newly certified ERP consultants should review our recently updated Partner Marketing Guidelines for usage guidelines related to the NetSuite Certification Program logos.

If you have any additional questions or want to learn more about the new NetSuite Certification Program, then please contact us at certification@netsuite.com.

Back to top