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WEBINAR | OnFloors Business Growth on Cloud ERP

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OnFloors Business Growth on Cloud ERP



 

About The Webinar

Flooring manufacturers and distributors need real-time visibility into raw material, manufacturing lead time, market demand, supply chain, and financials. However, many still rely on legacy systems, spreadsheets, and manual processes to run their operations.

OnFloors, a Canadian online distributor and retailer, has a mission to cut the middleman and provide a wide range selection of high-quality flooring products with a “one-stop” shopping experience.

Join OnFloors and Haya Solutions for this exciting discussion regarding solutions, challenges, and the journey in leveraging NetSuite to transform the business.


You’ll Learn how NetSuite and Haya helped OnFloors with:

  1. An overall 150% Return on investment (ROI) with NetSuite
  2. Lower operational costs by 30% due to the elimination of deficiencies with manual processes
  3. Real-time visibility into their business results in improved decision making
  4. Leveraging Omnichannel Distribution to provide the best customer experience
  5. Scalability for long-term growth

Featured Speakers:

Mostafa Gamal
Professional Services Manager at Haya Solutions Inc.

Joyce Zhang
General Manager at OnFloors

Richard Zhang
IT & Operations Manager at OnFloors

OnFloors Business Growth on Cloud ERP Webinar

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OnFloors Business Growth on Cloud ERP | Webinar

About The Webinar

Flooring manufacturers and distributors need real-time visibility into raw material, manufacturing lead time, market demand, supply chain, and financials. However, many still rely on legacy systems, spreadsheets, and manual processes to run their operations.

OnFloors, a Canadian online distributor and retailer, has a mission to cut the middleman and provide a wide range selection of high-quality flooring products with a “one-stop” shopping experience.

Join OnFloors and Haya Solutions for this exciting discussion regarding solutions, challenges, and the journey in leveraging NetSuite to transform the business.

You’ll Learn how NetSuite and Haya helped OnFloors with:

An overall 150% Return on investment (ROI) with NetSuite

Lower operational costs by 30% due to the elimination of deficiencies with manual processes

Real-time visibility into their business results in improved decision making

Leveraging Omnichannel Distribution to provide the best customer experience

Scalability for long-term growth

Featured Speakers:

Mostafa Gamal
Professional Services Manager at Haya Solutions Inc.

Joyce Zhang
General Manager at OnFloors

Richard Zhang
IT & Operations Manager at OnFloors

SAVE MY SEAT

The guide to migrating from Xero to NetSuite

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Products like Xero provide easy-to-use and inexpensive accounting functionality for both start-ups and small businesses. However, as companies begin to grow and prepare for the future, the limits of entry-level software packages may start to cause frustration.

Whether the complexity of manging your operations has increased, or you are looking to expand as a business, migrating from Xero to NetSuite could make your day-to-day lives a whole lot easier (and more efficient too).

Here you will find the differences between Xero and NetSuite, the benefits of migrating, and how you can achieve a successful migration.

The differences in Xero vs NetSuite

When it comes to accounting, Xero and NetSuite are very similar and provide full accounting capabilities. Accounts receivable and payable, invoicing and billing, expense tracking, integrated banking, tax managements, reconciliation, payroll, budgeting, and forecasting are all included with both solutions.

Although both Xero and NetSuite are ranked highly as online accounting solutions, their capacity and objectives differ. Xero aims to solve daily accounting in a single and easy-to-use platform, while NetSuite is part of an integrated ERP/CRM suite consisting of a wider range of services, such as:

  • Ecommerce
  • Project management
  • Business intelligence
  • Order management
  • Demand planning
  • Work orders

Given NetSuite can offer a wider range of services,  expert knowledge is recommended to implement the solution.

With help from an implementation specialist, you can achieve an efficient and effective solution for your business.

But before we jump into how a successful integration can be achieved, let’s look at the benefits moving from a dedicated accounting system to a full ERP solution can have on your business.

1. Flexibility with integrations

As a highly configurable cloud ERP solution, NetSuite is capable of integrating with many platforms and can be customised to the unique and dynamic needs of your company.

2. Automation

A key aspect of NetSuite is its capabilities to handle automated techniques. With enhanced automation facilities, you can eliminate manual processing errors, increase business performance, and simplify operations.

3. Business Intelligence

Using business intelligence, NetSuite offers real-time reporting and analytical tools to help you forecast and make data-driven decisions for your business.

4. Complete finance and accounting

NetSuite provides efficiencies to manage the processes associated with finances and accounting for increased performance attributes. Real-time financial management is also included to help your business manage financial transactions and data on a real-time basis.

5. Efficient business management

As a top ERP solution provider, NetSuite, along with the many add-ons available, gives you high-end capabilities to generate growth in several business operations.

6. Process Optimization

NetSuite helps to optimize the business process with its unified methodological approach to delivering the process in a significant manner. NetSuite delivers features to enhance process efficiency by suggesting optimized solutions.

7. Efficient Business Management

Being the world’s best cloud ERP solution provider, NetSuite owns capabilities to evoke higher-end business performance and effectiveness in managing overall business operations in a manner which contributes to business success and profitability.

Implementing NetSuite

When you are ready to make your commitment to NetSuite, there are various ways of going about your implementation.

For smaller, less demanding implementations, SuiteSuccess can be purchased and utilized for an out-of-the-box solution. SuiteSuccess delivers:

  • Pre-configured functionality based on leading practices for your industry
  • Pre-built dashboards
  • Pre-built roles, with software set-up based on job functions
  • Pre-built reporting
  • And more

For more complex, tailored solutions, bringing a specialist partner onboard will give your business the help and experience needed for a successful implementation.

But regardless of your decision, your entire implementation strategy will consist of planning and preparation, data migration, testing, and training, ready for your go-live date.

NetSuite Helps Online Retailer Cut Costs While Growing at 25% Yearly

“NetSuite’s integration has helped us streamline and organize the company so we don’t have to worry about growing the business.”

A Brief Affair

  • A Brief Affair is now growing at 25% per year, while saving $70,000 yearly over the cost of a comparable server-based system.
  • Integrated order processing saves $60,000 yearly over the previous system by reducing the company’s manual workload by 1 full-time equivalent.
  • Real-time inventory visibility saves another full-time equivalent, or about $50,000 yearly, over the previous system.
  • The company has cut order-to-cash cycle times from three days to just one day because NetSuite’s strong credit card verification features helped A Brief Affair negotiate better terms with credit card processors.
  • Real-time access to customer information helps customer-support staff handle queries on the spot, a competitive advantage for a high-end, customer-centric business like A Brief Affair.
  • NetSuite’s ability to track orders by product and country is helping the company grow international business by targeting promotions according to regional tastes and trends.

Customer Success

  • A home-based startup wanted to take advantage of the growth potential for marketing European and designer fashions and lingerie online.
  • Limited accounting software and manual order processing were unable to handle the expected growth in products and customers.
  • The company decided to integrate business processes rather than buying separate applications for CRM, shopping-cart, and credit-card processing.

Challenges

  • A home-based startup wanted to take advantage of the growth potential for marketing European and designer fashions and lingerie online.
  • Limited accounting software and manual order processing were unable to handle the expected growth in products and customers.
  • The company decided to integrate business processes rather than buying separate applications for CRM, shopping-cart, and credit-card processing.

Solution

  • NetSuite partner Business Solution Partners managed NetSuite’s implementation, configuration and training, and works with the company to turn on new functionality as appropriate.
  • NetSuite management dashboards display real-time KPIs for tracking everything from sales and inventory levels to website performance and customer satisfaction.
  • NetSuite delivers an automatic alert if an online order is disrupted so management can send a follow-up email to the customer.
  • NetSuite employs credit-card verification and other security functions via integrated tools from partner CyberSource Corp.

Looking to migrate from Xero to NetSuite?

If you are looking to migrate over to NetSuite and require assistance to assure a smooth project, contact our expert team at Haya Solutions Inc today. With over 25 years’ experience, we will work closely alongside you to provide a platform that allows your business to grow.

Get Free Quote

Oracle NetSuite The #1 Cloud ERP

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Oracle NetSuite Alliance Partner

Why Should You Choose NetSuite For Your Company?

As a small or medium size business owner, the first challenge you will face is how to manage your financial matters, supply chain management, human capital management with E-Commerce & retailing management if it was your business sector. With time and reliable growth in your business, initial software programs cannot help you to revise and manage your data. Oracle NetSuite will -certainly- be your smart solution. NetSuite was the program of choice for over 40,000 firms, 10 times further than another substitute with time and data capacity. Do you imagine how this can have a great impact on functionality and performance of your workflow?

It shows widespread functionality with industry-specific support for an extensive range of industries and business sectors. It means that NetSuite works to adapt with the method your business works. Built from the ground up for the cloud. NetSuite can also decrease costs and reduce hassle for IT so you can have a budget for extra items and enjoy an easy workflow.

  1. Usually when you start your business, you would choose initial programs like QuickBooks as a starter system. It really works for start-ups and small businesses but as your business needs change by time and growth, defects will start to show up.
  2. Time consuming is clear for the workers to put up their data manually. 
  3. Poor reporting system. 
  4. The need for appropriate data management.
  5. It works only with one currency.
  6. It can only cover basic inventory management. 

For inventory management, Quickbooks offers only basic inventory functionalities. For example, there is no serialized inventory tracking. Which could create actual problems in your supply chain monitoring and management? In this case finding a more professional and customized program is a must.

How can NetSuite make a tangible difference?

Offers an Advanced Inventory Management. A comprehensive warehouse management system with a 360° view of all operations supported by NetSuite. With real-time analytics along with serialized inventory tracking and real-time reporting, NetSuite provides full visibility. NetSuite also offers a module for demand planning that enables users to predict inventory changes based on past patterns and projected revenue forecasts. NetSuite provides a robust warehouse management system with a 360° view of all activities. NetSuite offers complete visibility with real-time analytics along with serialized inventory tracking and real-time reporting. NetSuite also provides a demand planning module that allows users to predict changes in inventory based on past trends and future sales forecasts.

Extra benefits NetSuite can offer more than Quickbooks :

  1. Subscription Billing
  2. Financial Planning & Analysis
  3. Production Management
  4. Warehouse & Fulfillment
  5. Demand Planning
  6. WIP & Routing
  7. Work Orders & Assemblies
  8. Shop Floor Control & BOM Maintenance

Enjoy the ease of managing your inventory of all items you need in one application only, while in the past multiple apps were needed. Where we handled time zone differences and location matters which enables you to take the right decision for your supply chain management .The choice lies between your hands, now.

 

Coronavirus Outbreak! How Technology Can Help?

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From canceled events such as conferences and festivals, to work-from-home to banning communal cups in clubs and churches, and reusable cups in cafes and fast-food restaurants, all these are actions taken by different businesses as a response to the corona-virus outbreak.

Experts confirm that we are currently experiencing one of the worst economic downfalls since the financial crisis in 2008. Stock markets and airline companies were the first to receive the hit, and it is predicted that almost all businesses will experience some sort of stress during the outbreak. However, not all businesses – especially small businesses – are aware of the appropriate measures they have to put in place to ensure the resilience and sustainability of their operations.

The fundamental measure in protecting your business during these tough circumstances is to avoid being in groups and maintain the office environment and work teams. Here, we give you three ways to employ technology to protect your business, employees, and customers best.

VIDEO CONFERENCING TOOLS

With our complete communication system from RingCentral, you can arrange meetings with your team members and clients from any location. Whether you, a team member or your client works from home in a local location or oversees or even in quarantines, your team can use RingCentral.

Haya Solutions Inc. - Cloud Application, Mobile App And ERP Applications. Partner RingCentral The complete cloud communications system that works across all your locations

Haya Solutions Inc. – Cloud Application, Mobile App And ERP Applications. Partner RingCentral The complete cloud communications system that works across all your locations

RingCentral has many office communication and collaboration capabilities to organize and manage video conferencing, as well as allowing you to use a local phone number and local currency billing.

CLOUD BUSINESS SOLUTIONS

Did you now that you can run your entire business entirely remotely and work with all your employees over the internet! Our leading solutions NetSuite and Zoho One are great platforms to manage almost all your business functions from issuing invoices, collecting payments, managing operations, sales, inventory, accounting, and orders.

Haya Solutions Inc. on CIOReview Platform - Netsuite.

Haya Solutions Inc. is one of the 20 companies that are at the forefront of tackling customer challenges and part of the honored group of companies, on CIO Review Platform – Netsuite.

All functions and applications are integrated online with complimentary mobile and native versions, along with many extensions and extras that fit every business need.

TOUCH-LESS ATTENDANCE TOOLS

One of the prominent ways Corona-virus spreads by is the contact with contaminated surfaces or objects; this makes using the traditional attendance devices is a considerable risk to any business.

Our topnotch attendance application, AttendLab can help you in controlling possible infection and spread of any viruses. The app allows for face recognition without fingerprint or pen and paper.  Also, with the recommendation of using video conference meetings and implementing work-from-home programs, you can use AttendLab to track attendance of your team at home or remote locations.

AttendLab is a simple attendance system with a user-friendly interface. The well-designed dashboard provides quick statistics on your active devices, employees, and their attendances and locations globally.

Give us a call today to discuss your specific needs and get answers from experts to your questions about working and managing business operations and teams remotely.