NetSuite Services for Seamless Business Operations | OpenTeQ

The Ultimate Cloud ERP

NetSuite is an enterprise resource planning system (ERP). It is the #1 Cloud ERP – more than 35,000 customers worldwide use it and trust it.

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What is NetSuite?

NetSuite is the leading cloud business management solution that helps companies optimize core processes by automating data organization and visibility.

OpenTeQ became an Oracle NetSuite Solutions Provider because our clients selected it as the best system to support their growth. Yet, they were hesitant to work with consultants and implementation partners that weren’t local. We are excited to provide NetSuite to growing businesses all over Western Canada.

What does that mean?

It means that your team can focus on the customer, and sales and operations, and you can focus on your team and strategy because you have access to your enterprise’s information online from anywhere. It is one system for your entire company.

NetSuite is Scalable for Growth

Some of the world’s biggest brands are on NetSuite

20% of Fortune 100 companies use NetSuite

63% of technology Initial Public Offerings (‘IPOs’) are NetSuite customers since 2011

It is software that grows with you

When is the best time to implement NetSuite?

Businesses with 10-50 employees are in a great position to scale with NetSuite
Organizations earning $1-10 million in revenue with an ambitious growth plan are ideal clients for implementing NetSuite
NetSuite is available for clients earning up to $250-$500 million with any number of employees. Entities of more significant sizes often remain and grow on NetSuite too
You can implement in under 90 days and pay for your basic modules so employees can get started

Many of our clients struggle with too many systems.

Teams waste time with sources of information that don’t talk to each other. They need a modern ERP Cloud System to improve processes and collect accurate, on-demand data.

The problem is that ERP implementation is a daunting task, and without local expert knowledge and support, it’s hard to know where to begin. At OpenTeQ, we build, implement and optimize NetSuite ERP systems to make the transition easy.

We provide a Western Canadian team to help businesses fully leverage the power of NetSuite and offer unique growth strategies based on real-time data.

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What is an ERP

An Enterprise Resource Planning system is a technology tool that assists the entire enterprise.

It is the integrated management of your entire business

Allows automation
Single database
Collaborative workflows

One source of the truth
Quicker decision making

It is the integrated management of your entire business

Financials
Inventory
Order management
Customer service

Customer relationship management (CRM)
Procurement
Sales

Marketing
Human capital management
Ecommerce capabilities
More…….

What is not an ERP?

Entry-level accounting systems like Quickbooks and Xero

Excel

CRMs

What is not an ERP?

An ERP is not the same multiple applications (apps) that a business uses across functions and processes.

Apps often don’t talk to each other
The integration of apps can be fragile and require Information Technology (IT) specialists or constant attention
An ERP is a central database allowing for insights from cross-service line inputs
With NetSuite, you can consolidate and report by region, division, product or other dimensions that you select

Automated internal controls are a function of ERPs. The compliance standards for IPOs include financial reporting controls. Operational and financial reporting controls are favourable or needed for other transactions, including mergers, acquisitions, sales, private equity funding, Series A+ funding and other exits or growth activity.
An ERP is organization-wide, enabling leaders to get real-time data in one spot.

Why NetSuite?

NetSuite is the ERP of choice for us at OpenTeQ.

We decided to become an Oracle NetSuite Solutions Partner because it is the #1 Cloud ERP.

We use NetSuite at OpenTeQ Advisors and it helps us grow our business.

Don’t you hate it when you can’t decide because you don’t have the information you need? NetSuite users have role-based dashboards that give them timely information accessible from anywhere.

Implementing as early as 1-10 employees or $1-10 million is ideal.

OpenTeQ is also a CPA firm that helps companies scale with financial strategy. We are experts in the areas of accounting and finance, and business. Along with our NetSuite experts, we staff all of our engagements with Business Leaders and, as applicable, Finance Leaders.

NetSuite supports internal controls and best practice workflows that allow you to meet your compliance requirements, efficiently address a timely and successful audit, avoid manual controls and related labour time and costs.

There isn’t a more straightforward system for businesses that need to report consolidated financial statements than NetSuite.

Similarly, organizations that want to analyze and report multidimensional accounting best serve NetSuite. You can quickly ‘slice and dice’ your data by:

product
region
legal entity
division
service
subsidiaries
business units
channels
customers
and more.

NetSuite supports more than 190 currencies and exchange rates

NetSuite supports various payment options and global business transactions with customers and vendors

How Does NetSuite Support Growth?

NetSuite is the ERP of choice when you’ve outgrown Quickbooks, Xero or Sage. You won’t get too big for NetSuite and you likely are not too small if you have a strategy for growth.

What is NetSuite Used For?

We know how hard it is to build a team and set up processes and systems to support growth.

NetSuite is for growth entities that need scale.

When you don’t want to hire every time you successfully sell, you need to invest in process and technology
NetSuite allows you to handle more transactions, customers, and sales without increasing labour or general costs
It provides automation and best practices for your growth

We know what it’s like to be juggling multiple systems, outdated systems, and stale sources of information.

Without data you make business decisions on gut instinct
When all analysis is manual and tedious it can stall your growth
Without investing in automation and processes, your people waste precious time performing the repetitive, mundane tasks necessary to support a cumbersome system
And let’s not forget about the hidden costs of adding on new integrations, apps or workflows to your current system

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A Growth Story

Running a business in an emerging industry can be fast paced. You are building out the business model and focused on increasing the awareness of your brand.
When the clients and customers start to come, it’s time to look for financing to fund the next growth stage.
The financial reporting that banks need can be very tedious and manual. If you don’t have an enterprise solution that helps you automate and support your team, then you’ll have to do it the old-fashioned way.
The compliance expectations of going public are also exhausting when not supported by automation and best practice set-ups.
And yet, it can feel too late as you work on the investor decks, the forecasts and the roadshow to finance.

How can you juggle upgrading your processes and systems with competing priorities?

Juggling automation with growth is where NetSuite can be a ‘breath of fresh air’.

NetSuite offers industry-specific experience and expertise

When you purchase NetSuite through OpenTeQ you’ll get a product and an approach that includes leading practices for your industry

The technique accelerates your implementation and reduces the risks. Implementations can take as little as 90 days.

Are you thinking of trying to hang on a little longer without an ERP?

The longer you go without the system you need, the worse it gets.

As you grow, your challenges get more complex and your time becomes more valuable.

Delaying the decision and the implementation will likely result in:

Too many spreadsheets
Inability to find accurate data
Systems that are not integrated
High error rates

Including billing and invoicing and client-facing communication
Reconciliations
Reconciliations
Analysis

Complex and time-consuming accounting

Which delays period-end closes
And further delays accurate and timely reporting
And leaves no time for value-added strategic analysis

And more

A Pre-Revenue Start-Up

We have a client that is in pre-revenue that is implementing NetSuite to compete as a local cost-effective data warehouse option.

What is not an ERP?

The key areas that were holding them back and that they wanted an ERP to help with include:

A holistic financial and operational platform
Unnecessary manual labour and tasks
Visibility into the correct data

They hired OpenTeQ to implement NetSuite so that they could:

Be able to access the correct data in real-time
Avoid having to create reports manually
Have the ability to automate and streamline their financial systems and process

The package that worked for them included:

NetSuite Financials First Module
Learning Cloud Support Company Pass
Sandbox Environment Cloud Service
And general access for four users

OpenTeQ's implementation and continued support of NetSuite and its financial and accounting function means this pre-revenue start up will meet its growth goals.

A Family-Owned Hospitality Business

Another client is a family-owned hotel in a prime tourist location that found a new local love during the pandemic. Even though the lack of foreign visitors was a challenge for them, they managed to thrive throughout 2020 and 2021.

The business has been running profitably for many years and the owners are looking to scale and leverage that with possible expansions. The growth areas that could help with NetSuite include:

Too many applications and systems that are not integrated
No dashboards, real-time data, or digital reports
Manual data entry and labour for basic processes

With the assistance of OpenTeQ and the implementation of an ERP they can now expect to:

Pull the data they need to make decisions in real-time
Avoid uploading CSV or Excel documents to see real-time reports
Make data-based decisions in real-time
Automate current manual labour and data processes and reduce errors and reconciliation efforts

The package that worked for them included:

NetSuite SuiteSuccess – Hospitality & Restaurants – Standard
And general access for six users

With OpenTeQ's implementation and continued support of NetSuite and their financial and accounting function, they are on the next journey as a growing family-owned and community business.

A Fast-Growing Business

Another OpenTeQ client has been named one of Canada’s fastest-growing businesses. They are e-commerce and sell on Amazon, their website, and elsewhere with international vendors, distribution, and employees.

The challenges that they wanted to tackle to support their continued ambitious growth include:

Un-integrated Applications and Systems
Lack of Real-Time Analytics and Reporting
Inventory Management
Demand Planning

With the assistance of OpenTeQ and the implementation of NetSuite, they are prepared to:

Access data anywhere and anytime to make decisions
Have real-time visibility on their inventory
Automate ordering and purchasing system

To get them started the NetSuite package that worked for them was:

NetSuite ERP – Wholesale/Distribution & Inventory Module
NetSuite – Demand Planning Module
Corporate Learning Cloud Support Pass
And general access for 11 users
They also selected third-party software to help integrate them with Amazon and other partners selling their products

With OpenTeQ's implementation and continued support of NetSuite and their financial and accounting function, they are on the next journey as a growing family-owned and community business.

What Types of Companies Use NetSuite ERP?

All size businesses can find a return on their investment in NetSuite. Businesses that are focused on growth can use NetSuite to scale.

What Factors Imply That You are Now Big Enough for an ERP?

Multi-currency

If you are paying vendors in foreign currencies or operating in other regions, then you’ll want to make sure that you don’t expose yourself to unnecessary foreign exchange risk or complexity. NetSuite supports over 190 currencies and can be relied on to make it easy to work with customers and suppliers worldwide.

Consolidation

If your business has grown to include multiple legal entities and consolidation is becoming more complex, it is time to move off the spreadsheet and get the support you need. NetSuite simplifies the consolidation process as it allows for multiple business units, subsidiaries and regions on a single platform. Real-time visibility allows you to see multi-dimensional reporting. Your team can look at the data in managing the business, including by-product, service, region, division and more.

Automated Controls & Workflow

Initial Public Offering (IPO) and other growth initiatives, including merger and acquisition due diligence, require a level of control over financial reporting. The compliance expectations can be operational challenges if you do not leverage workflows and automated controls. 63% of technology entities that did an IPO since 2011 are on NetSuite and that is because NetSuite provides the functionality to support meeting the public market requirements.

Why Companies Choose NetSuite

We know how hard it is to select the right system and it is a big responsibility that impacts the whole organization.

OpenTeQ has worked on many “rescue” engagements which proved that even the best system could be implemented poorly and not built to support the business.

Companies choose NetSuite and OpenTeQ because we understand how hard it is to dedicate time and resources to make decisions and implement.

The benefits of working with OpenTeQ and NetSuite include:

Launch a business project, not an Information Technology (IT) one

OpenTeQ puts a Business Leader on every engagement
Our Business Leaders have years of Finance Leader and executive level experience which allows them to translate the needs of operations, accounting, finance, human resources, sales, marketing and other business users. Our team isn’t afraid to challenge your decisions or ask you to think long-term or practically.
OpenTeQ follows a detailed process to ensure clients make the correct business decision. From the sales process, to the long-term support and upgrades, we follow best practices to ensure that the proper considerations are addressed for you and your growth and strategy.

We are local and passionate about Western Canadian business. We support growing companies in our community with all of our services. We are leaders in our fields. We have built an epic team of NetSuite professionals, Finance Leaders, Business Advisors and Consultants to support all of our clients as they scale with financial strategy.

OpenTeQ Advisors works with all systems. We are Finance Leaders for clients using:

Why did OpenTeQ Group launch OpenTeQ and become an Oracle NetSuite Solutions Provider?

Our consulting clients doing system selection projects were picking NetSuite and they thought NetSuite was the best option for their growth because of these benefits:

Reduced
IT Costs

Real-time Access
To Data

Improved
Visibility

Accessibility Through
the Cloud

Scalability

Process
Efficiency

Workflow
Automation

Enhanced
Collaboration

NetSuite especially stands out as the right system for our growing clients, and our own business, because of the following capabilities:

The platform:

Is true cloud
Has a partner app store
Works on mobile

Has seamless upgrades
It is easy to customize
Is a single data model

Has all clients on the latest version

Our fellow accountants and finance professionals love NetSuite Financials. CFOs and CPAs and their teams use their native and solid capabilities in the following

Financial consolidation
Globalization and localization
Revenue recognition

Subscription billing
Dashboards & Key Performance Indicators (KPIs)

Native customizable reporting

NetSuite is leading in other areas for the executive and operational teams with native and solid capabilities in these areas:

Supply chain management
Production and manufacturing

Sales and marketing
Professional services automation
Omnichannel commerce

Human Capital Management

Leader in Gartner’s Magic Quadrant

NetSuite focuses on one ERP offering and invests in it every year.Oracle spent USD 6.07 billion in 2020 on research and development.

100% of NetSuite’s clients are on the cloud.NetSuite supports over 28,000 clients.

NetSuite has global experience and reaches over 100 countries,tax calculations and reporting, and over 27 user interface languages.

NetSuite ERP System Customization

OpenTeQ works with clients in all industries. Every business has its magic. That ‘north star’ that differentiates it from the competition. The focus area that everyone on the team knows is the priority.

Some businesses have a low-cost approach to the market. Other companies, like us, have a Client or Customer Experience north star. We have clients with community-focused teams and attract employees and customers by giving back to the locals. Other organizations drive business with their purpose and social impact. We have seen other entities prioritize quality, either for their product or service, or both.

netsuite-ERP-system-customization-section-image

A business with priorities grows and finds that its brand, service, and products are demanded in the market. At OpenTeQ, we see this focus as core to any strategy. A growing business with a plan and a ‘north star’ has the best chance of meeting its goals.
Companies with a financial strategy, processes, technology, and the people to support their strategy are set up to achieve it. These growth businesses keep their relevance and increase their impact steadily. Before long, that growth requires scale. After all, an increase in the top line and revenue and sales does not result in more profit without a financial strategy, process, people, and technology to support the growth.
Many of the growth clients we work with exploring NetSuite look at technology once they see steady and reliable sales and revenue. They have a proven business model. Yet, there is chaos or a lack of cash flow or profit. The senior leadership, executive or ownership team is becoming a barrier and is leaned on too heavily. And adding more people or a better process isn’t making a difference anymore. It’s time to look at technology and the systems to be enterprise-wide such as an ERP like NetSuite.
Sometimes the idea of implementation is frightening. After all, most fail, and none are all that fun. One of the confusions is how much time will it take? How much will it cost?

One way to control costs and reduce the complexities and time of implementation is to minimize the customization.

And the great thing about implementing an ERP at a stage of growth and early scale is that you don’t have as many processes or policies that can’t change. When looking at a system, what should you customize? And where should you be prepared to change internally? And adjust to match the best practice or ‘out of the box’? In other words, what processes and policies need updating to follow the native system requirements and set up? And what processes or areas of the business are worth integrating a third-party alternative that is ‘best in class’ or customizing to match your current process or policy? At OpenTeQ, we believe that the best customized and invested areas are the strategic ones.

What are Your Areas of Focus?

So, the question is, what is bringing on growth for your business? What is your ‘north star’ or priority? That is the area that you should look to customize in your system.

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Low-cost Strategy

If your business uses a low-cost strategy you’ll want to ensure that the processes and policies support it. For example, you will want to keep yourself on top of your supply chain and vendors. OpenTeQ can customize NetSuite to meet your needs and let you continue successfully managing your costs.

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Client or Customer Experience

Where Client or Customer Experience is your priority, you’ll want to ensure that you build in feedback forms and critical performance indicators that help you include experience measurements on your dashboards. You’ll want to look at bringing in CRM and SuitePeople options that further support your team in their delivery of the experience.

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Community

Where community is the focus, you will want to ensure that you have activity tracking and cost tracking that measure how you impact locally.

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A Unique Purpose or Social Impact

Where you have a unique purpose or social impact ‘north star,’ there will be other areas you want to configure or custom to meet your needs.

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Quality

Similarly, if the quality is your focus, you may need to customize your time tracking or inventory options to ensure that those inputs that define your quality are tracked at the level of detail your team needs.

Learn More

OpenTeQ + NetSuite

NetSuite provides a straightforward implementation that can be set up quickly in other areas where your business is more aligned to the industry and doesn’t differentiate. Industry expertise is foundational to NetSuite and the modules that it offers, and OpenTeQ has the diverse industry experience to help you configure the system and customize it.

SuiteSuccess industry solutions are built based on feedback and market demands. NetSuite has exclusive and industry-specific add-ons to help companies level up when they implement. OpenTeQ customizes so that you can meet your specific workflows. We handle unique requirements and processes in several industries.

Your implementation is a business project, so we approach it from a Business Leaders’ perspective. We will help you through your issues and pain points and discuss your options. Together, we will decide what areas are worth the time and cost of customization and where plug and play or native NetSuite solutions are a better fit.

How do NetSuite and OpenTeQ differ with Customization?

Unlike competing systems, NetSuite is easy to use. Many of the accountants, business leaders, and operational teams can configure reports and dashboards independently without the continued support of OpenTeQ or their technology team. NetSuite has robust personalization right out of the box.

You’ll be able to quickly set up:

Dashboards by role or department – customized to your personal preferences
Reports and analytics – configured to meet your daily needs and strategic questions
Integrations – if you have software that your team loves, don’t despair! You can integrate a Third-party Application Programming Interface (API)
And more

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Together with OpenTeQ,

We will work with you to help streamline your automation and workflows. We will help you make the most out of NetSuite, including using its features, creating reports, and learning the system and its functions. Where integration makes sense, we will work with you and the third parties, as applicable, to customize the integration.

Together we will look at your ‘nice-to-haves’ and your wish list and create an IT roadmap that outlines when other modules, upgrades, and integrations make sense for your plans to scale.

For example, you might not want to start with financial analysis and planning and NetSuite’s budgeting tools until you have set up your ERP and become familiar with it. But together, we can make sure that the system is available for your team before your next budget cycle.

NetSuite Pricing & Purchase

OpenTeQ was born from objective system selections. At OpenTeQ Advisors and our alumni firms, we consulted and advised businesses in their decisions on which system was right for them.

We bring that advisory tour sales process and when NetSuite isn’t the right system for your strategy or industry, we are the first to let you know. The great thing about NetSuite and why we became an Oracle NetSuite Solutions Provider is that it fits most industries. And NetSuite is the best choice for businesses focused on growth and where ready to scale.

We will work with you through a structured process to ensure that NetSuite and OpenTeQ are the best choices for you. Our process includes seven steps:

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The Right Fit

Understand your business and systems
Overview of NetSuite & OpenTeQ
Alive, high level “Peak” into NetSuite
Alignment on Next Steps

Needs Assessment

Value Chain Assessment
Requirements Gathering
Understand your Systems
Processes and challenges
Alignment on Solutions

Customized Demo

Specific Suites and Modules
Dashboards and Reporting
Workflows and Automations
Implementation Scoping

Proposal & Scope

Netsuite Solutions
AmpifyTech Implementation
Statement of Work
Contract Review

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Kick-Off

Project Plan
Technology Road Map
Process Workshops
User Adoption Sessions
Review and Test Plan
Launch

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Implementation

Three-stage Implementation
Continuous Process Workshops
Data Strategy Sessions
1-to-1 Account Management

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Assess & Accelerate

Advanced Automations
Advanced Workflows
Additional NetSuite Modules
Growth Opportunities

This ‘stairway to success’ helps you be confident in your investment.

We know that business is complex, and you face a lot of hard decisions and challenges.

52% of Fortune 500 Firms since 2000 are gone

To beat the odds against growing companies lasting and scaling for longevity, you need a system that is right for you. And you need the right partner to implement it.

NetSuite has over 3000 hours worth of industry-leading best practices built into the system already.

NetSuite’s pre-defines roles that give users a jump-start

63% of technology Initial Public Offerings (‘IPOs’) are NetSuite customers since 2011

NetSuite is a system that is widely trusted

Over 28k customers worldwide
Over 4,8k new entities in the last year have implemented NetSuite
NetSuite was the first cloud company
NetSuite is wholly owned by Oracle, which means its research and development and upgrading are well funded
NetSuite has customers in over 215 territories and countries

By 2026 the Global ERP Market is expected to double to $78.4B

To compete, you need to invest in transformation and the enterprise system to support your strategy.

OpenTeQ has designed its implementation partner approach around Client Experience. With over 120 years of business experience and more than 135 decades of CPA experience, we put Business Leaders in charge and not just technology experts.

We design a process to mitigate the risks that every implementation faces.

49% of ERP implementations get done on time

Most do not because the project plan isn’t clear, and the partner isn’t prepared or supportive
OpenTeQ takes the time during the sales and planning process to ensure that the timeline is realistic and straightforward

50% of ERP implementations fail the first time around

It happens when partners do not put business needs front and center in the initial implementation
We help these clients. They are fondly referred to as ‘rescue implementations’. The cost of re-implementation is wasteful and frustrating.
OpenTeQ approaches all engagements as a business project with a clear understanding of the organization’s strategy and growth plans built into the plan

65% of ERP implementations go over budget

Technology consultants love a quick sale even if they fail to let their customers know about hidden costs, extra modules, integration needs or challenges, and customization needs
Many partners, even NetSuite ones, are happy to introduce new costs after companies sign the contract and get started
OpenTeQ has a ‘no surprise’ promise. We work with you to decide what makes sense in Phase One of your implementation and what should be budgeted and priced after the initial go-live. We are transparent with what our proposal includes and what NetSuite has priced in the project and plan we sell.
And we provide comparisons to alternative systems so that you can make an educated decision

Why Work with OpenTeQ and Not Just Direct with NetSuite?

As an Oracle NetSuite Solutions Provider, OpenTeQ can deliver complete NetSuite cloud computing solutions.

We sell licenses, implement, customize, train, support and advise. When you have us involved in your sales process, it brings a supportive advisor and expert into the process. We support you in deciding what modules to consider, what contract to sign and how to structure your implementation and long-term roadmap. OpenTeQ is a Western Canadian local partner, which means that we have demonstrated expertise in accounting, technology, CRM and industries that matter to you. We envision enhancing our communities, opportunities, and cultivating connections.

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Enhancing Communities

As a local employer, we have experts that work in your time zone or within an hour
We are a short plane ride or a good car drive away
We are willing to match your culture and work in person where you prefer
We understand your team and your customers because we are local
We employ people that work in your community
We are founded and run from Calgary, Alberta, with founders who grew up in British Columbia and Saskatchewan and employees with roots in Manitoba, Saskatchewan, Alberta, and B.C.

Cultivating Connections

We will be there to support you in your NetSuite journey and as a business, including connecting you to the affiliates and help you need. Whether it’s Third-Party solutions that we trust and have worked with or partners you need in other areas of your business, we are always willing to assist and make recommendations and referrals.

OpenTeQ Opportunities

Your growth and strategy matter to us because you are a local employer and a regional representative of the cities and areas we love. We want to help you grow and scale.

Having a team of people who care and work locally can improve an ERP implementation and make it successful. And you don’t pay more to have this opportunity. OpenTeQ is priced for Western Canadian small and medium businesses with competitive value-driven packages that match the needs of our clients. Working with us instead of directly with NetSuite gives you access tall that Oracle NetSuite provides while having a personal cost-competitive touch that reduces implementation risk. You’ll build trusted relationships with our team and you’ll have the confidence to know we invest in your success.

Learn More

How is NetSuite
Implemented

From our decades of experience as Business Leaders, CFOs, and Technology Experts, we have crafted a strategic methodology for NetSuite ERP implementations to get the project done on time and within budget.

Implementing as early as 1-10 employees or $1-10 million is ideal.

There isn’t a more straightforward system for businesses that need to report consolidated financial statements than NetSuite.

Similarly, organizations that want to analyze and report multidimensional accounting best serve NetSuite. You can quickly ‘slice and dice’ your data by:

product
region
legal entity
division
service
subsidiaries
business units
channels
customers
and more.

Courage and Curiosity

NetSuite supports various payment options and global business transactions with customers and vendors

The Ultimate Cloud ERP

What is NetSuite?

NetSuite is Scalable for Growth

When is the best time to implement NetSuite?

Many of our clients struggle with too many systems.

What is an ERP

It is the integrated management of your entire business

It is the integrated management of your entire business

What is not an ERP?

What is not an ERP?

Why NetSuite?

NetSuite is built for scaling and growing businesses.

NetSuite's foundation is accounting software and financial management.

NetSuite has the best consolidation function we've seen.

NetSuite makes multi-currency manageable and real-time.

How Does NetSuite Support Growth?

What is NetSuite Used For?

NetSuite is for growth entities that need scale.

We know what it’s like to be juggling multiple systems, outdated systems, and stale sources of information.

A Growth Story

Juggling automation with growth is where NetSuite can be a ‘breath of fresh air’.

Are you thinking of trying to hang on a little longer without an ERP?

Delaying the decision and the implementation will likely result in:

More Stories

A Pre-Revenue Start-Up

What is not an ERP?

The key areas that were holding them back and that they wanted an ERP to help with include:

They hired OpenTeQ to implement NetSuite so that they could:

The package that worked for them included:

A Family-Owned Hospitality Business

The business has been running profitably for many years and the owners are looking to scale and leverage that with possible expansions. The growth areas that could help with NetSuite include:

With the assistance of OpenTeQ and the implementation of an ERP they can now expect to:

The package that worked for them included:

A Fast-Growing Business

The challenges that they wanted to tackle to support their continued ambitious growth include:

With the assistance of OpenTeQ and the implementation of NetSuite, they are prepared to:

To get them started the NetSuite package that worked for them was:

What Types of Companies Use NetSuite ERP?

What Factors Imply That You are Now Big Enough for an ERP?

Multi-currency

Consolidation

Automated Controls & Workflow

Why Companies Choose NetSuite

The benefits of working with OpenTeQ and NetSuite include:

OpenTeQ Advisors works with all systems. We are Finance Leaders for clients using:

Why did OpenTeQ Group launch OpenTeQ and become an Oracle NetSuite Solutions Provider?

NetSuite especially stands out as the right system for our growing clients, and our own business, because of the following capabilities:

The platform:

Our fellow accountants and finance professionals love NetSuite Financials. CFOs and CPAs and their teams use their native and solid capabilities in the following

NetSuite is leading in other areas for the executive and operational teams with native and solid capabilities in these areas:

Leader in Gartner’s Magic Quadrant

NetSuite focuses on one ERP offering and invests in it every year.Oracle spent USD 6.07 billion in 2020 on research and development.

100% of NetSuite’s clients are on the cloud.NetSuite supports over 28,000 clients.

NetSuite has global experience and reaches over 100 countries,tax calculations and reporting, and over 27 user interface languages.

NetSuite ERP System Customization

OpenTeQ works with clients in all industries. Every business has its magic. That ‘north star’ that differentiates it from the competition. The focus area that everyone on the team knows is the priority.

One way to control costs and reduce the complexities and time of implementation is to minimize the customization.

What are Your Areas of Focus?

Low-cost Strategy

Client or Customer Experience

Community

A Unique Purpose or Social Impact

Quality

OpenTeQ + NetSuite

How do NetSuite and OpenTeQ differ with Customization?

You’ll be able to quickly set up:

Together with OpenTeQ,

NetSuite Pricing & Purchase

This ‘stairway to success’ helps you be confident in your investment.

We know that business is complex, and you face a lot of hard decisions and challenges.

52% of Fortune 500 Firms since 2000 are gone

NetSuite has over 3000 hours worth of industry-leading best practices built into the system already.

NetSuite’s pre-defines roles that give users a jump-start

63% of technology Initial Public Offerings (‘IPOs’) are NetSuite customers since 2011

NetSuite is a system that is widely trusted

By 2026 the Global ERP Market is expected to double to $78.4B

OpenTeQ has designed its implementation partner approach around Client Experience. With over 120 years of business experience and more than 135 decades of CPA experience, we put Business Leaders in charge and not just technology experts.

49% of ERP implementations get done on time

50% of ERP implementations fail the first time around

65% of ERP implementations go over budget

How is NetSuite
Implemented