RSM rapidly implements NetSuite for Apellis, a growing life sciences company
When going public, Apellis needed to transition from a QuickBooks business management platform to gain more functionality and align with Sarbanes-Oxley (SOX) compliance demands. After collecting necessary information, understanding Apellis’ unique needs and designing the solution, RSM had NetSuite OneWorld configured and running in two weeks. Once the platform was established, RSM layered on their customizations and improvements to workflows. RSM’s NetSuite experience and industry knowledge helped Apellis implement a comprehensive NetSuite solution in a short timeline, with further improvements planned for the future.
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NetSuite’s hidden SQL formula
NetSuite formula ‘ns_concat() is used to display the output as a single comma delimited string. In order to use the formula in a saved search you need to set the summary type to minimum or maximum and use the formula (text) field.
In the press
RSM receives Oracle NetSuite’s 5-Star Partner Award
“We’re honored to receive this recognition from NetSuite for the seventh consecutive year,” said Matt Kenney, technology consulting principal with RSM US LLP. “At RSM, we understand the importance of providing our clients with the tools and solutions needed to help them navigate business challenges and opportunities. By combining NetSuite’s offerings with our capabilities and services, we’re able to help our clients achieve their business goals.”
RSM launches Technology Experience Center
RSM recently announced the opening of its state-of-the-art client-focused RSM Technology Experience Center (TEC) as another step in its expansion of innovation across the firm. This is the first of multiple client experience centers RSM plans to open to support its commitment to collaborative innovation for the middle market. Learn more
New RSM research explores cybersecurity concerns and vulnerabilities for middle market businesses
Middle market leaders increasingly recognize the heightened risk of cyberthreats and data breaches that are continuing to capture headlines, but fail to realize they are prime targets for cyberattacks. That’s according to results from the RSM US Middle Market Business Index Cybersecurity Special Report released from RSM in partnership with the U.S. Chamber of Commerce.
RSM US LLP wins Oracle NetSuite Worldwide Solution Provider Partner of the Year
RSM US LLP (RSM)—the nation’s leading provider of audit, tax and consulting services focused on the middle market—was recently named by Oracle NetSuite as the 2019 Worldwide Solution Provider Partner of the Year. This marks the seventh consecutive year RSM has been recognized as a Partner of the Year. “It’s an honor for all of us at RSM to receive this prestigious award for the seventh year in a row,” said Matt Kenney, technology consulting principal with RSM. “NetSuite’s offerings enhance our ability to address the unique challenges facing our middle market clients and to provide effective guidance for business success. This recognition exemplifies our dedication to providing our clients with innovative solutions and helping them achieve their visions.”
How to address the new ASC 842 lease accounting standard in NetSuite
The new ASC 842 standard presents a wide range of implications that will require most operating leases to be reflected on the balance sheet. Without adequate planning and preparation, many companies will struggle to maintain their leases if the process is not integrated into NetSuite. The potential impacts will include lost time, lost productivity and missed key dates because many companies lack the required technical accounting knowledge and will likely require a lease accounting software package.
Best practices for adding custom fields in NetSuite
NetSuite is uniquely capable of molding to meet the needs of your operation. Custom fields are at the heart of NetSuite’s flexibility, allowing customers to store tailored data, display results and support additional automation. Knowing how to plan, configure and manage custom fields can help ensure you are getting the best results out of NetSuite.
Going global with NetSuite: Growing your business globally with confidence
Given today’s global economy, many organizations from manufacturing to nonprofits are looking for growth in the international market. This growth is being achieved organically, such as setting up sales or full service offices and through acquisitions, such as buying an international competitor. Regardless of the manner of growth, organizations expanding internationally require a well-designed enterprise resource planning system, and associated processes to manage their business. Download our guide to find helpful considerations for your international NetSuite implementation.