Elisabeth Lawrence is the Senior Editor for Press Direct International. She is a veteran writer and TV producer/director. Received three EMMY awards while at CBS. Wrote for the Wall Street Journal, and as a TV & video consultant, handled material for Fortune 500 clients including Exxon, Pepsico, The Ladies Home Journal, RJR Nabisco, J.C. Penney, Hill & Knowlton and United Artists.
"Standard profit and loss statements provide historical data, but don't allow executives to correct unfavorable trends, measure results of specific strategies, and/or reward outstanding performance," says Michael Emaus, President and CEO of eEnterprise (www.eEnterprise.com), a global integrator of NetSuite, the world's leading on-demand business management software. "A P&L is only a scorecard of what happened in the past. The actionable information is in the key performance indicators - the metrics of who is doing what with whom, when and how. This is what we call the 360-degree view of a business, department, and/or location."
All too often, business teams are hamstrung because they receive untimely information that reports performance rather than actionable metrics. "In a variety of ways, these executives say the same thing: they get balance sheets and profit and loss statements, but they have no way of knowing what's causing the numbers to trend up or down," says Emaus. "Because they don't know the cause of the trend, it is largely unknown whether to focus efforts on certain offices, targeted geographic locations, certain salespeople, specific products, or a particular type of client."
"In today's environment, the growth organization needs to think fast, move fast, and embrace change," says Emaus. With the global economy pressuring the market to build virtual and instant locations, executives need accurate, real-time, standardized information that is accessible to all levels of management and key employees. "That actionable information is especially crucial for growing a business or a multi-location enterprise," says Emaus, whose company integrates NetSuite for businesses of all sizes, particularly multi-location, global and/or franchise organizations. "Now we are talking about the NetSuite 360-degree view of a business, department, and/or location."
NetSuite's two primary advantages are ease of integration and information accessibility. NetSuite integrates its four major components - sales (CRM), back office (ERP), support, and eCommerce - and makes them accessible in one system via the Internet, offering a business owner no limits on growth, management, and reach. According to Emaus, "NetSuite provides a true single view of the customer - the lead, the prospect, the product or service, the invoice, and the support. So, when a salesperson needs a history of buying patterns, they see it in real-time. When someone from accounting wants to see which products or services have been invoiced, he or she can reference the same record as the salesperson. And, when the support staff needs to view the knowledge base, they can refer to the same record and attach alerts back to sales."
Because NetSuite is an on-demand solution, it triggers positive payback by eliminating the restraints of the traditional client/server environment. The result enables users to access relevant and timely information from anywhere/anytime.
But Emaus emphasizes that the software alone isn't enough. "Our customers generally understand immediately that an integrated, on-demand Software as a Solution (SaaS) requires business engineers who understand their industries and goals. It requires an understanding in business first, and technology second. Delivering 360-degree collaboration tailored around a variety of industries is the true differentiator for eEnterprise."
Concludes Emaus, "Larry Ellison pioneered the Internet for the Enterprise. Now he and NetSuite are pioneering it for the SMB market. The Internet has been his baby, and for him to acknowledge that the Small-Medium Size Business (SMB) market is where the drive is tells me he hasn't lost his game. We're thankful for that."
- Related Videos
- Related Articles
- Ask / Related Q&A
- eEnterprise Delivers Web-Based Business Management Software For Real-Time Data
- Eenterprise: Netsuite Business Management Software Offers E-commerce Solutions
- Web-based Business Management Software Best Choice for Growing Businesses
- Growing Businesses Should Choose Web-based Business Management Software
- Eenterprise: Web-based Business Management Solutions Level Playing Field
- Customer Management Software - You Are Open For Sales?
- Netsuite's Web-based Solution Offers Superior Customer Service Management
- Eenterprise: Superior Customer Service Provided By Web-based Software




Review Process of Fabrication Drawings and Erection Drawings
By: James Lee | 19/12/2009In the construction process, basic function of a fabricator is to provide all necessary shop drawings and construction documents to the contractor. These drawings are prepared after thorough review of the design drawings, specifications and bidding documents provided by the structural engineer.
Tiffany Jewelry, the Chic Gifts for 2009 Christmas
By: Jane Ye | 19/12/2009As the world top jewelry brand, Tiffany is famous for the chic and exquisite design. Its jewelries are always the second to none festival gifts for people. As 2009 Christmas Day is coming nearer and nearer, Tiffany especially selects out several kinds of jewelries of top quality for Christmas decoration.
Keep Street Dirt Outside Your Business With Entrance Mats
By: Stephen A Daniels | 19/12/2009Small business owners might be surprised at how much dirt customers and employees can track into their premises on a daily basis. A great way to protect floors from damage, reduce effort spent on cleaning, and increase safety is to install commercial grade entrance mats. Several pounds of dirt can...
Ooh Dear Pendant, Love for Christmas
By: Jane Ye | 19/12/2009In western countries, December is occupied with Christmas atmosphere. In such a season, just a flake of snow, or a bell is enough to roust up the romance of people. Ooh Dear, the famous jewelry manufacturer especially released the Love for Christmas Diamond Pendant for the approaching Christmas Day!
6 Tests to Choose Data Conversion Company
By: Bea Arthur | 19/12/2009There are numerous data conversion companies in the market. To choose from them is very tough task. Here are some tests to check out before you hire any data conversion company.
Planning Thai Weddings: Phuket
By: Vikram kuamr | 19/12/2009If you are considering Thai weddings, Phuket can be one of the best destinations. This is because of many reasons.
Finding Jobs For College Grads At A Career Fair
By: Vikram Kumar | 19/12/2009Finding jobs for college grads can be more difficult today than ever before. There are many recent college graduates who are complaining that they are unable to find a job in their field.
Why use Tekla Structures Software for Precast concrete detailing?
By: Mike Thomas | 19/12/2009Mike Thomas is Concrete Detailer at SCS - an India based Structural Engineering firm offering full services such as BIM, Structural analysis, Structural detailing and Structural drawing services at affordable rates. Email us at info@structuralcaddservices.com
Silvertag Online Auctions: Winners Nab Big-ticket Items With Lowest Bids
By: Kris Nickerson | 16/01/2007 | BusinessSilverTag (www.SilverTag.com) is a new online auction site where winners are determined not by the highest bid, but by the lowest unique bid placed on a given item.
Silvertag Online Auctions: Where the Lowest Bids Snag Big-ticket Items
By: Kris Nickerson | 12/01/2007 | Online BusinessSilverTag (www.SilverTag.com) is a new online auction site where winners are determined not by the highest bid, but by the lowest unique bid placed on a given item.
Did Notorious Prison Gangs Sway Puerto Rican Elections?
By: Kris Nickerson | 11/01/2007 | MotivationalThe Puerto Rico Elections Commission (CEE) declared Popular Democratic Party (PDP) gubernatorial candidate Anibal Acevedo Vila the winner. Was the governor elected due to the power of a prison gang?
Second Chance Program Raising Self-respect in Mexico Inmates
By: Kris Nickerson | 10/01/2007 | Self HelpThe Second Chance program (www.secondchanceprogram.net) is A unique social rehabilitation model now in place in the criminal justice system of New Mexico, offering drug rehabilitation and a way to help reduce criminal tendencies.
New Drug Rehab Model Used in Second Chance Program in Albuquerque
By: Kris Nickerson | 06/01/2007 | Self HelpThe Second Chance Program (www.secondchanceprogram.net) A new drug rehabilitation program, is achieving high success statistics in a prison setting.
Plasma TV for $5.57? Lowest Bids Nab Pricey Items at Silvertag Online Auctions
By: Kris Nickerson | 04/01/2007 | InternetSilverTag (www.SilverTag.com) is a new online auction site where winners are determined not by the highest bid, but by the lowest unique bid placed on a given item.
Second Chance Program Raising Self-respect in New Mexico Inmates
By: Kris Nickerson | 03/01/2007 | Self HelpThe Second Chance program (www.secondchanceprogram.net) is A unique social rehabilitation model now in place in the criminal justice system of New Mexico, offering drug rehabilitation and a way to help reduce criminal tendencies.
Healthy Aging Possible With Chelation Infusions
By: Kris Nickerson | 30/12/2006 | HealthChelation Infusion Therapy offers anyone a chance to age gracefully and restore youthful elasticity throughout the entire circulatory system no matter your health status, well or ill, heart disease or not.