A review by Katharina Schraft, VP BU NetSuite
Opening keynote by Evan Goldberg (whom I even had the pleasure of meeting in person on day one at the Hackathon (*) this year) – brilliant start in true Vegas-style including flashing lights, music, motorcycles and Evan Goldberg on a BMX bike, showing an origin story of a new and high-growth startup based on fast-growing fictional company WYRA. Based on this story, he showed how NetSuite can accompany a company and bring it to the next level. This was followed by various customer examples, each of which addressed challenges per area / value stream and illustrated them with new products (acquire & grow customers – NetSuite CPQ, create & deliver products and services – NetSuite Ship Central, hire & empower employees – SuitePeople Workforce Management, optimize cash & profit – NetSuite AP Automation). Find more info here.
Over 32,000 NetSuite customers worldwide, impressive numbers! Last year, for example, 1,110,501,618 invoices were recorded in NetSuite as well as 341,425,942 new customers, as Garry Wiessinger, SVP of Product Management, presents in his product keynote “Innovation Ahead”.
On Growth: „The more of your business on the suite, the faster you are growing”, e.g. service companies through the extensions to NSPB. But what makes NetSuite so special? Key: Innovation: EASE e.g. of use / guided learning, AUTOMATION, INSIGHT (“content in context”), INTELLIGENCE, SUITENESS “solving problems that can only be achieved by a full and complete suite / single system that has all information on hand”. More info on the Product Keynote.
My highlights:
- New Redwood design and innovative use of masks – e.g. content in context: so related & further information is displayed where it is needed and not just where it is arranged in the menu.
- New finance features, e.g. NetSuite Scan & Capture Offering, new Account Reconciliation solution alongside comprehensive enhancements in SuitePeople and Workforce Management. CPQ, NetSuite Analytics Warehouse – the new components merge into an impressive overall solution with modern UI.
- Expo & Damogrounds – easy networking and contact with many partners, direct contact with NetSuite – seeing and experiencing the new functionalities for yourself, networking with the international team + Product Manager EMEA John Chisham.
- Parties – Celigo, Big Party, different partner events
Conclusion:
JOY – Great to be live again, contacts to existing and future partners, hope for availability of solutions in DACH.
CURIOSITY – How the announced enhancements and changes will affect existing customers & partner landscapes.
ANTICIPATION – for the upcoming SuiteWorld: October 16-19 2023
(*)https://www.netsuite.com/portal/resource/articles/crm/hackathon-4good-produces-automated-marketing-solutions-for-nonprofit-operation-underground-railroad.shtml
(you can only see me from behind)
Author: Katharina Schraft
Image: © Katharina Schraft