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.
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) .
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
