Spend a few minutes roaming the halls of Embark and a few things will immediately stick out. First – college football exists somewhere between national holiday and interstellar spectacular at Embark. Second, and most essential to these particular insights – we're huge NetSuite fans in these parts. Huge. And it doesn't take much for us to sing its praise from the mountaintops.
To that point, the annual pilgrimage to all things NetSuite – SuiteWorld – is coming up quickly. October 16-19 in shimmering Las Vegas, to be exact. And as you might have guessed, we're already well acquainted with the exhaustive list of sessions available at SuiteWorld 2023, covering every nook and cranny of the platform, its endless use cases, and what's coming down the NetSuite pike.
So, to give you a head start on your own session planning, we're detailing five sessions – out of dozens, literally – that caught our eye and will inevitably put a bounce in our step. So join us, shall you?
1. Creating Visualizations in NetSuite Analytics Warehouse
Description: Come explore how you can use the tools within NetSuite Analytics Warehouse to generate clear and interactive visualizations that illustrate what your NetSuite and other connected data, both new and historical, are trying to tell you. Help your team "get the picture" so they can better analyze performance and make well-informed decisions.
Session ID: FIN1290SES
Level: Introductory; Explore the fundamentals
Audience: Finance
Theme: Operational Excellence, Tips and Tricks, Artificial Intelligence (AI)
Product Area: Analytics / Business Intelligence
Why we want to attend:
We haven't been shy about the crucial role business intelligence already plays in the marketplace. However, as the extremely skilled yet busy folks in our Business Transformation practice will attest, many technology providers are still working out the kinks, trying to better align their solutions with what businesses need and want from their data and analytics capabilities.
That's why we're so excited about the NetSuite Analytics Warehouse, a functionality that gives companies integrated data visualization and genuine business intelligence on top of the Oracle Cloud database. In this session, we'd like to see how these tools within the Analytics Warehouse can generate clear and interactive visualizations to help teams analyze performance and drive better decision-making.
2. From Automation to Intelligence: The Future of Finance in the Age of AI
Description: From its role in helping humans make decisions to automating complex tasks and processes, Artificial Intelligence (AI) is destined to reshape the finance landscape. Will you be ready for the intelligence capabilities available to you? Come see how NetSuite's built-in AI helps make finance operations more efficient, enhances decision-making, and drives competitiveness. The future is coming sooner than you think.
Session ID: FIN1725SES
Level: Intermediate; Ready for a deeper dive
Audience: Finance
Theme: Artificial Intelligence (AI)
Product Area: Financials / OneWorld
Why we want to attend:
It's not exactly earth-shattering news to say the world has its eye on AI these days, with equal parts excitement and trepidation. Likewise, finance organizations are looking for that ideal convergence of AI use cases and solutions to truly leverage the untold efficiencies and capabilities this revolutionary tech can unlock. At least in theory.
Given its placement and perspective in the industry, we can't wait to see what NetSuite's roadmap for AI capabilities looks like, especially for finance functions. Although the platform has added some AI-enabled features like AP automation recently, it's just the tip of the proverbial iceberg. We want to see what's at the heart of that iceberg, how it will drive efficiency for accounting teams, and ultimately provide better insights to CFOs.
3. Get Actionable Insights from NetSuite Analytics Warehouse
Description: It's not enough just to have data. You should be able to pull insights from that data that result in improved business outcomes. Not being able to track things like sales trends by channel or product line and supply chain risks can be a threat to customer satisfaction and the bottom line. Come learn how NetSuite Analytics Warehouse can turn data into decisions and see an expert use case from the CFO of Overture Promotions.
Level: Introductory; Explore the fundamentals
Audience: Finance
Theme: Customer Success, Artificial Intelligence (AI)
Product Area: Analytics / Business Intelligence
Why we want to attend:
We see this session as a follow-up to the Analytics Warehouse session we previously discussed, this one focusing on how to actually interpret and create meaningful visualizations and insights from your business data. In practical terms, these abilities can impact everyone and everything from standard NetSuite customers to PE firms wanting more transparent, timely, and nuanced data from their portcos through NetSuite.
Additionally, we want to walk away with a better understanding of how these visualization capabilities in Analytics Warehouse compare to other software used by PE firms, and what additional value NetSuite brings to the equation.
4. NetSuite AP Automation for More Efficient Projects and Increased Profitability
Description: It's quite an exercise in trust, relying on vendors and third-party contractors to care enough to meet customer deadlines and buy the right materials needed for projects. Their performance is a reflection on your brand. But in this session, you'll learn how to get firm control of these transactions with NetSuite AP Automation. Process and match vendor bills instantly. Provide accurate costing for maximum project profitability. And make sure the customer gets billed back to cover those outlays in a timely manner. Why wing it when there's a way to hold everyone accountable?
Level: Introductory: Explore the fundamentals
Audience: Finance
Theme: Operational Excellence
Product Area: Financials / OneWorld
Why we want to attend:
Accounts payable. We've said it before and we'll say it again – it's fundamental. Foundational. And a tightrope many companies still struggle to walk, making AP an area of operations that's just begging for more efficient and effective processes, procedures, and tools.
In most circles, AP automation is a holy grail-type capability for CFOs, one that seemed stuck in a state of perpetual gestation, at least until recently. That's why we’re so anxious to see what the NetSuite AP Automation functionality looks like fully built out, stable, and ready for its moment in the sun. Who wouldn't be excited to see more efficient back-office processing and consolidated systems in an area that's long been a pain point for CFOs and their teams?
5. Preparing Your Business Financials for Mergers, Acquisitions, or an IPO
Description: Congratulations! You've carefully grown your business over the years and others have taken notice. Now other entities want to really dive into your numbers to see if an acquisition or merger makes sense. Or maybe you're ready to take your organization public and need to get ready for all the scrutiny and transparency that comes with that. In this session, NetSuite experts will show you how to use the system to get your company ready no matter what the next big step is. Come get best practices on establishing required governance and internal controls. And develop the financial reports you'll need to comply with audit requirements and tax regulations.
Level: Advanced; You work with this every day and want to take it to the next level
Audience: Finance
Theme: Customer Success, Operational Excellence
Product Area: Financials / OneWorld
Why we want to attend:
As the capital markets stretch out their muscles and prepare for more robust M&A and IPO environments in the near future, companies will need sound solutions and advice to navigate the terrain. Therefore, with Transaction Advisory and Capital Markets services being two of our absolute strengths here at Embark, we're looking forward to hearing what NetSuite's experts say about this incredibly dynamic marketplace and what clients/customers should expect from the road ahead.
Thanks to its ability to scale in lockstep with an organization as it grows, NetSuite has had a front-row seat for many significant transactions over the last few years. Thus, we’re intrigued by the unique real-world experience and practical expertise the folks from NetSuite bring to the fold, especially as the M&A and IPO machines start cranking up again.
The Clock Is Ticking
Unfortunately, no matter how intriguing the sessions we've discussed today will be, they won't do you much good if you haven't actually registered for SuiteWorld. Which leads us to a final question – what are you waiting for? We guarantee some amazing insights and good times in the Nevada desert, so stop what you're doing and take care of business. We'll see you there!
