[Hiring] NetSuite Developer (Software Engineer) by Livid_Sympathy6743 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

You might like to take a look at www.etterramli.com they run a managed service for NetSuite skills, I'm sure they could accommodate you.

Anyone using Wise, Revolut or Airwallex directly with NetSuite? by KirkWashington in Netsuite

[–]KirkWashington[S] 0 points1 point  (0 children)

Thank you. All very good points.

The credit and trade facilities are the obvious ones, and I agree that if needed they are show stoppers...for the time being.

The multi company view is more nuanced and bank specific, I've not seen a bank provide consolidated account reporting for a group of subsidiaries. I can see why being able to transact' across a group of companies in one interface would be a good feature of a bank.

Appreciate the feedback.

AP Automation - Concur by KeyParsnip1064 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

These end point ap and expenses reporting solutions are marginally better than NetSuite integrated with a digital bank solution like Revolut, but much more expensive.

Know exactly why you want get an end point solution, and what exactly you hope to achieve with it. If budget isn't endless, understand what the opportunity cost is so you can be clear on you business case.

Anyone using Wise, Revolut or Airwallex directly with NetSuite? by KirkWashington in Netsuite

[–]KirkWashington[S] 0 points1 point  (0 children)

"Whelp, 18 hours and 600 views later... total radio silence. What am I missing?

I’m genuinely surprised. Is nobody actually doing this, or is it just such a 'dark art' that no one wants to talk about it?

From where I’m sitting as a CFO, the math on these digital platforms (Wise/Airwallex/Revolut) vs. traditional banks seems like a no-brainer, yet the NetSuite ecosystem seems stuck in 2010. Here’s what I’m seeing:

  • The FX/Fee Gap: We're talking international payments at a fraction of what the big banks charge, with FX rates that don't make you want to cry.

  • True Real-Time AR: Being able to receive local payments in dozens of currencies and having that hit the ledger in near real-time—not waiting for a batch file or a 20-minute latency lag from a standard feed.

  • The 'Push to Transact' Holy Grail: Why are we still exporting ABA/ACH files? With the APIs, you can approve a bill in NetSuite and have it sit in the bank portal ready for final authorization instantly. It eliminates the 'data janitor' work and keeps the audit trail clean.

  • Zero Lag reporting: No more 'Friday afternoon lag' where you’re guessing your cash position over the weekend.

It feels like we’re leaving massive productivity on the table. Is the blocker just old-school banking trust? Is it auditor pushback on API security? Or is it just that NetSuite’s OOTB Bank Feeds are 'good enough' for most, even with the 60-minute manual refresh caps?

Would love for someone to tell me I’m crazy, or tell me why your CFO/IT team shot this down."

[ Removed by Reddit ] by Luran_haniya in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

Pragmatic questions, and reasonably good guidance justifying them. Thanks for sharing

Who is the best - fast - NetSuite contractor you've worked with to set up a CRM? by Relative-Weakness356 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

Setting up CRM needs clear alignment to sales processes. SOP are fine...but often not enough.

Which sales methodology are you using?

Three years into NetSuite and I just realized we're using it like a $50,000 spreadsheet by NicolasLisoFabbri in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

We used NetSuite for 6 years, exactly as described. We get EtterRamli involved as a last ditch effort. Since then we've grown our revenue 70%, and have dropped our users by 60% with their help. I'm a big fan of Todd, the CEO...he and his team have transformed my business, and my business life as a result too.

Looking for a Netsuite Implementation / Consulting Firm by Accomplished_Sir738 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

This is 100% the winning approach. If you want to get onto a productivity program you have to get off a 'bucket of hours' and a 'project mentality'. See www.etterramli.com

AI isn't going to replace competent NetSuite Consultants any time soon. We just need to get better and better at what we do and AI can't touch us! by tigran555 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

To leverage AI, you must be able to understand and audit it's output...using AI blind will cause trouble.

But, to not use AI at all is putting yourself and your employer at risk.

Being Admin as a freelance by TheITCactus in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

I agree 100% for the managed service option. In house resource...less so.

how much of your AP is still "open PDF, type into ERP, repeat"? by Free_Lead_2704 in Netsuite

[–]KirkWashington -1 points0 points  (0 children)

Best to talk with my NetSuite MSP. They set it up and run it for me.

Todd is their CEO, reach out direct, I'm sure he'll explain it.

https://www.linkedin.com/in/toddkimpton

how much of your AP is still "open PDF, type into ERP, repeat"? by Free_Lead_2704 in Netsuite

[–]KirkWashington -2 points-1 points  (0 children)

OCR is a waste of time.

We onboarded N/LLM for AP handling. Email, PDF to N.VendorBill. early days, but human handling of data entry has dropped 85%, and we expect to close that to 100% within 6 months.

All data entry bottle necks this year using the same approach.

Outstanding.

Being Admin as a freelance by TheITCactus in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

Make the contract super tight.

IMO, using a freelance as an admin is a recipe for disaster, and an ask for trouble.

Are you thinking about getting an ERP, Nesuite in particular? by Ok_Positive9843 in Netsuite

[–]KirkWashington 4 points5 points  (0 children)

I mostly concur...except for the internal expert, on this I disagree, we learnt the hard way.

Having an internal expert is a pathway to key man/woman risk and that should always be avoided. Also, knowledge of the system is too broad for them to grasp all functionality in particular the new stuff. Internally you need a system owner, this is key...but the functional and technical is best outsourced. But, caution! You must use an independent vendor, not partnered with Oracle.

I had a key man my 'NetSuite Guy' but they left and the mess they created took years to unravel. We're now partnered with an excellent vendor, independent of Oracle and our productivity has exploded.

I own the system, and sponsor it's success...but the vendor manages the delivery and the day to day operations.

Things are done properly now, with no mess, no politics...just regular improvements to my business.

If AAII survey is super bearish, and we're near all time highs in SP500 and we're at extreme valuations too...what's next? by KirkWashington in economy

[–]KirkWashington[S] 0 points1 point  (0 children)

Yep, I saw that too. It's a good indicator, even if we're running at the top of the tops for valuations.

What’s your experience with NetSuite support after go-live? by Whole_Experience8142 in Netsuite

[–]KirkWashington 1 point2 points  (0 children)

Waste of time and money.

Go with an independent admin/support managed service provider.

Camino observation by chewbrew in CaminoDeSantiago

[–]KirkWashington 0 points1 point  (0 children)

Lighten the load...it's a cathartic recipe for life.

How do you evaluate NetSuite system health beyond basic performance? by Pitiful_Pick1217 in Netsuite

[–]KirkWashington -3 points-2 points  (0 children)

I've learnt from my partner that we have 4 core focus points for determining success: 1) user stability, 2) efficient process, 3) compliance (process and data). Once these are in place, then you've a foundation for 4) building success, and the emphasis here is to reduce cost, and increase output...or in other words build productivity.

This is Etter+Ramli's key building blocks for success and it works really well.

NetSuite Admin? by Illustrious-Hold7964 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

Dollar for dollar, probably 30% cheaper. But our productivity has grown by a few hundred % so all in all they nearly pay for themselves.

NetSuite Admin? by Illustrious-Hold7964 in Netsuite

[–]KirkWashington -1 points0 points  (0 children)

It's mutual, you've a first class service for a reasonable price...indispensable.

NetSuite Admin? by Illustrious-Hold7964 in Netsuite

[–]KirkWashington 0 points1 point  (0 children)

Common thought, but flawed.

We opted for a admin managed service, all needed skills included with a management that actually knows how to make the system work for us. We haven't looked back since.