NetSuite | Sphere Partners

NetSuite Implementation Streamlines Operations for FinTech Company

FinTech companies are constantly monitored and under pressure to meet compliance standards, to operate globally in multiple currencies as they scale and grow — all while having clear visibility of your financial data. Many of our customers leverage on-premise, home-grown solutions, or use software such as QuickBooks or Excel. However, investing in the right technology is crucial for success. There will always be constant demand to meet regulatory compliance and have the technology adapt in order to scale for growth.

July 7, 2020

Distributor Achieves Streamlined Operations, Ability to Scale with NetSuite

Distributors have to think about scaling up, strategically expanding their product offering, and increasing their sales, while retaining their customer base to an ever-evolving client-driven market. Along the way, they are faced with the same challenges that many other distributors face: lack of inventory traceability and visibility. With the right inventory management solution in place, distributors can adapt quickly to these challenges regardless of market conditions and swift changes to the business model.

July 7, 2020

Law Firm Optimizes Operations, Stays Compliant with NetSuite

As mentioned earlier, because law firms accept retainers, this, at times, can pose risks and perplexed manual interventions in current accounting systems. At times, revenue is recognized at a future date, long after you have accepted a retainer. Because these transactions are paid in advance and may be related to future expenses that will occur when legal services are delivered, reconciling everything can be a nightmare.

July 7, 2020

Professional Services Firm Streamlines Operations, Saves Time with NetSuite

Many Professional Services firms are running on outdated technology, not to add, the lack of integration between on-premise ERP and PSA solutions that comes along with this outdated technology. Resources spend time on workarounds, too many manual inputs and paper-based processes. With such high company growth, Professional services companies search for an ERP system with automated processes, one that can accommodate their need for increase of projects and transactions, but also, a system that supports their current needs and built for scalability.

July 7, 2020

Software Division Carve-Out by Private Equity Firm

Given the nature of the transaction (Carve-Out), the seller(parent company) retained all of its business infrastructure including all of the core business applications such as ERP, CRM, PSA, Web, HR, Ecommerce, data warehouse, analytics and intranet. The seller company agreed to provide 6-months of support for the new entity to completely transition and rollout its own set of applications.

July 7, 2020