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Corporate Presentation

Products - NetSuite

Corporate Presentation Prospance Inc. 2013

About Prospance

Prospance is an IT services, and Software Products company.

Prospance is headquartered in US and has its offshore delivery


center in India.

Since inception, the company has grown over 100% annually

Prospance currently has an offering of one native SAP product,


iMask and two mobile SAP products Mobile Timecard Approval
and Visual Performance Management.

Prospance also provides Netsuite Implementation and


operations support services to Small and Medium business
customers in US.

Corporate Presentation Prospance Inc. 2013

Corporate Overview Scope


All activities at Prospance are aimed at executing customer engagements
predictably. We achieve this by assigning consultants to engagements who
are:

Experts in their technology domain


Have multiple years of relevant experience
Committed to the success of their customers
Open minded and ready to explore alternate solutions to solve business
challenges of their customers
Qualified and customer-oriented and embody our innovative spirit and
partnership approach with our customers
All product development activities at Prospance are influenced by
problems
being addressed by its customers. We build our products to solve
business

Corporate Presentation Prospance Inc. 2013

Engagement Model Customer First


Our customer engagement model is customer centric. We engage with customer at
each stage to minimize any risk to the engagement. Our customers are happy with
the level of information shared with them. We believe is customer delight thru our
execution methodology.
Engage the customer from the beginning.
Set right expectations to avoid time and budget
overruns.
Provide greater visibility to engagement ensuring
smoother execution.
Help with faster decision making
Provide alternates to deliver higher quality solutions.
Corporate Presentation Prospance Inc. 2013

NetSuite Implementation - Services

Cloud Computing assessment


NetSuite evaluation
NetSuite implementation
NetSuite optimization
Operational support
Business Process Outsourcing

Corporate Presentation Prospance Inc. 2013

What is NetSuite?
Its a cloud based business management solution which runs mission critical
applications across finance, CRM and ecommerce.
NetSuite is a subscription based service that provides real-time visibility for
everyone.
NetSuites data center manages the architecture, performance, security and
reliability of data for their clients.

Corporate Presentation Prospance Inc . 2013

What is Cloud Computing


Automated
backups,
uptime, SLA,
maintenance

Multi-tenant
solution
provided by
vendor

Automated
upgrades

What is
Elastic, pay as
you go scale
up or down

Cloud Computing

Corporate Presentation Prospance Inc. 2013

Modern web
based
integration

Web and
mobile -access
from anywhere

Run Your Entire Business in the Cloud


Customers

CEO

CFO

Shipping
Manager

Sales Rep/
Manager

Support
Manager

Ecommerce
Manager
Vendors
Corporate Presentation Prospance Inc. 2013

Partners

Suite Cloud Platform: Powers Complex


Customization & Application Extensions

Developer Tools

Application

Infrastructure

Corporate Presentation Prospance Inc. 2013

Why Choose NetSuite?

Mobility: Cloud based and accessible from remote locations. Enables management
of distributed workforce and outsourcing .
Visibility from Anywhere: Real-time role based dashboards, Self Service Reporting
& Analytics, Personalized Dashboards and KPIs.
Reliability and scalability
Automatic upgrades by NetSuite: Eliminates infrastructure upgrades, automatic
customization migration.
IT cost reduction: No separate license cost for hardware, desktop and server
operating system cost, upgrade cost, database and application cost etc.

Corporate Presentation Prospance Inc . 2013

Net Suite Implementation Key Modules

Financial Accounting
Inventory Management
CRM
Ecommerce

Corporate Presentation Prospance Inc . 2013

NetSuite Implementation Key Modules


NetSuite provides a single integrated data source for all applications. The main
components of NetSuite include:
Financials /ERP: Features include Order to Cash management,
Purchasing & Order management, Inventory Management, Financial
accounting and Payroll & Employee Management.
CRM: NetSuites Customer Relation Management covers all customer
touch points. Some of the supported features are - Sales Force
Automation, Marketing Automation, Customer Support & Service.
Ecommerce: NetSuite's ecommerce functionality leverages the power of
the World Wide Web. The ecommerce portal ties together online
customer acquisition efforts with back-office order fulfillment and order
management functionality. The Web Store includes features such as
credit card processing, PayPal, secured shopping cart, integrated
inventory & order management, eBay integration etc.
Corporate Presentation Prospance Inc . 2013

Financials & ERP -Features

NetSuite streamlines back-office processes for growing and mid-size businesses. By


melding your business processes together - rather than isolating them as departmental
functions - you improve communication and collaboration across all departments.
NetSuite eliminates the need for data re-entry, batch downloads or data consolidation,
improving your productivity and competitive edge.
Reduced IT costs by 50% or more
Accelerated financial close by 20%50%
Cut quote-to-cash cycles by 50% or more
Reduced invoicing costs by 25%75%
Improved sales productivity up to 20%
Reduced days sales outstanding (DSO) by 10%20%
Corporate Presentation Prospance Inc . 2013

Financials & ERP - Features

NetSuite provides a single integrated data source for all applications.


NetSuite OneWorld: Enables global implementation of multiple subsidiaries
covering multiple geographies in one instance.
Multi-currency features: Enable recording of transactions in local currencies
and also reporting in local currencies as well as in group level currencies.
Consolidation: Enables easy final consolidation of financial statements in
group currency involving account balances in different currencies.
Multi country tax set up: NetSuite OneWorld set up enables setting up tax
schedules applicable for different subsidiaries based on geographic locations.

Corporate Presentation Prospance Inc . 2013

Powerful Transaction Management:


Procure-to-Pay Management :

Integrates order fulfilment with inventory management and


suppliers, improving efficiency at every step.
Record to report : Net Suite provides for flexible setting up the
company structure and financial segmentation along with core
accounting operations-based business processes which enables
accurate and detailed reporting and dash boards with up to date data.

Corporate Presentation Prospance Inc. 2013

ERP : Transaction management

Order-to-Cash Management :
Net Suite ERP fast tracks order-to-cash process by integrating with Net Suite CRM
capabilities or with third-party CRM system and manages lead to order processing
seamlessly .

Project to Cash :
The business processes focus on the management of projects, which covers project
setup and time entry. NetSuite provides advanced capabilities that include the ability to
manage expenses and billings associated to projects.
.
Corporate Presentation Prospance Inc . 2013

Inventory Management
NetSuite provides intelligent control over inventory replenishment, helping ensure that
you have enough on hand to fill anticipated orders, while keeping excess stock to a
minimum. Average lead time, historical or seasonal-based sales demand, and number
of days supply to stock are used to dynamically set reorder points and preferred stock
levels for each item, on an ongoing basis. You can always override or disable these
calculations for individual items to handle atypical circumstances. You set up the
rules, NetSuite runs the numbers - the end result is a dynamic ordering queue in
which you can order all your inventory items with one click and get what you need,
when you need it.
Leverage lot and bin management to effectively manage inventory locations and
costs
Serialized inventory allows traceability of products across all stages of production
Track and manage key indicators such as shipping costs, delivery performance,
inventory levels and more.
Corporate Presentation Prospance Inc . 2013

Inventory Management
NetSuite offers units of measure capabilities combined with quantity-based pricing,
allowing you to offer flexibility in volume pricing and better control your restock levels.
Units are also reflected in your sales and inventory reports, so that you can analyze
which units have the highest sell-through rates, and later adjust your pricing,
production and stock levels to maximize revenue.
Seamlessly leverage multiple units of measure for buying, selling and costing
Manage unit measurement across your website, retail stores and partner channels
Improve invoicing accuracy by using and validating correct unit measurement.
Validate purchase order costing by matching deliveries to vendor requirements.

Corporate Presentation Prospance Inc . 2013

CRM Module
Sales Force Automation: Includes features such as Lead Tracking & Assignment,
Lead Routing, Opportunity Management, Quote Generation, Team Selling,
Commissions Management, Forecast and Order Management.
Marketing Automation: Online Lead Forms, Automatic Campaign Tracking &
Analysis, Lead Source Management, Email Campaign Management, Campaign
Marketing, etc.
Customer Support & Service: Includes Case Management, Case Capture from
Web Site, Auto Escalation, Case Tracking, etc.

Corporate Presentation Prospance Inc . 2013

E Commerce : Overview

E- Commerce:
Net Suite provides for seamless business management suite and ecommerce platform
that allows to run the entire organization from the cloud.

Corporate Presentation Prospance Inc . 2013

NetSuite Ecommerce: SuiteCommerce

NetSuite SuiteCommerce gives you the industry's only cloud-based ecommerce


storefront that centralizes all your customer, marketing, financial and inventory data,
connecting all your processes and delivering unprecedented visibility and efficiency.
Efficiently operate across physical stores, web, smartphones, tablets and call
centers without managing multiple systems
Engage customers with a relevant and personalized shopping experience across all
touch points
Manage orders customers, inventory, suppliers, marketing and more from a single
integrated solution
Offer targeted promotions and merchandising based upon key business metrics
such as inventory, margin and conversion rates
Run multiple branded and localized (language and currency) webstores from a
single instance

Corporate Presentation Prospance Inc . 2013

SuiteCloud Platform:
Easy Verticalization. Verticalization to your industry-specific needs has never
been easier.
Customizations Dont Break. Customizations and extensions carry forward
seamlessly with upgrades, making maintenance nightmares a thing of the past.
Open. Standards-based Web Services make it simpler to extend NetSuite to
other systems, vertical solutions, and third party add-on capabilities.
Reliable. Applications you build using SuiteFlex are hosted within NetSuitewhich comes complete with a 99.5% uptime guarantee, robust Oracle & J2EE
architecture and world-class security infrastructure.

Corporate Presentation Prospance Inc . 2013

Our Value Benefits to Customers

- Suggestive mode of issue resolution.

Net Suite
Implementation
- Detailed
knowledge aboutcarried
each net out by experienced core team
implementation
and workarounds
Suite
Each
Module headed
by a Subject Matter Expert (SME)
for a client not known to Net Suite team.
Minimal- most
Implementation
of the resolutionsCosts
point to Emphasis on building long term relationship
reference material of Net Suite support
Active
support
library
contents.in client customisation areas.
- No
support
for client to each client as Operation support team is
Personalised
level
of support
specific customisations.
aware of each implementation specifics
- Prohibitory cost of service charges by
Suite Professional
services Group.
NetSupport
staff understands
Netsuite and Accounting
support from accounting knowledge
- No
Joint effort
withinend
for root cause analysis in resolving critical issues
perspective
ERP users
.
and hand holding
Additional Online Admin help if Admin level support is availed
Very moderate operation support costs

Corporate Presentation Prospance Inc . 2013

Net Suite Implementation Collaborative Strategy

In house
professional
professional
team
team

Partner
Partner support
support
by
by Net
Net Suite
Suite

NetSuite

Personalized
Personalized
operation
support
support

Implementation
Adoption
Adoption of
of
Implementation
Implementation
best
best practices
practices

Corporate Presentation Prospance Inc . 2013

Operations
Operations
support team
support
team
backed
backed up
up by
by
Net Suite
support
support for
for
critical
critical issues
issues

Implementation Methodology Highlights

Collaborative
approach

Prospance Inc. A preferred Net Suite partner . Joint


collaborative approach
to implementation.
Guidance from Net Suite services implementation team during
implementation.

Adopt One
Methodology
Best
Practices

Adoption of Net Suite One methodology during


implementation.
Deliverables & sign off process for each stage of
implementation.
Plans, Business Requirement document, test cases , User
test plan &
result , Training plans & training docs to be used.
Use ERP implementation best practices based on extensive
experience of other ERP implementations.
Adoption of Net Suite best practice recommendations.

Professional
Team
Corporate Presentation Prospance Inc . 2013

ERP implementation is being handled by experienced finance


professional team help provided from technical as well accounting perspective.
Post GOLIVE support by experienced team who are part of
implementation team.
Each module headed by a Subject Matter expert (SME) .

Implementation schedule

Standard
Implementatio
n Schedule

Standard Project Implementation Schedule


Wk
Wk
Wk
Projects
1
Wk2 3
Wk4 Wk5 Wk6 7
Requirement Gathering &
Sign Off

Data Collection & sign off

Desgin & Configuration

User Training

System Testing

Data migration & GO LIVE

Warranty Support

Wk8

Implementation
highlights

Vanilla Net Suite implementation will be done in a time period of 6


weeks for Financial accounting and CRM. For other modules, time
estimate
will be provided once requirements analysis phase is completed and
time
schedule is finalized.

Corporate Presentation Prospance Inc . 2013

Two (2) weeks of warranty support is provided post GO-LIVE to


address end user issues.
Two (2) weeks of training provided to customers

Service Level Agreement (SLA)

Operation
Support &
SLA
terms

Corporate Presentation Prospance Inc . 2013

Operations support will be provided 24 *5 during working


days.

Customers can raise cases in Net Suite CRM or they can


contact by Phone .

Case /Defect will be responded based on level of service


purchased.

Thank You

Corporate Presentation Prospance Inc . 2013