Episodes

  • Tips from Venture Capitalists on Fundraising Right Now

    Tips from Venture Capitalists on Fundraising Right Now
    Oct 7 2024
    Learn more about NetSuite’s Business Grows Here event series: https://tinyurl.com/bdeabwr7 In this episode of the NetSuite Podcast, cohost Megan O’Brien sits down with JD Weinstein, Global Director of Oracle’s Venture Capital Practice. He discusses the findings from a panel he moderated at NetSuite’s Business Grows Here event stop in St. Louis [2:01]. They then play excerpts of the panel featuring Dan Conner, general partner at Ascend Venture Capital, and Craig Herron, managing principal at iSelect [8:50]. They discuss the advice they have for early-stage founders, including tripling the amount of investors they reach out to and tripling the amount of time spent fundraising [15:46]. Dan and Craig cover the status of dry powder since its 2021 highs [27:37]. They conclude by sharing their top takeaways for founders [36:25] Follow Us Here: Business Grows Here: https://tinyurl.com/bdeabwr7 JD Weinstein LinkedIn: https://www.linkedin.com/in/jdweinstein/ Dan Conner LinkedIn: https://www.linkedin.com/in/danconner1/ Craig Herron LinkedIn: https://www.linkedin.com/in/craig-herron-3a2801/ Oracle NetSuite LinkedIn: https://social.ora.cl/6000wKFhC X (Twitter): https://social.ora.cl/6007wK2zD Instagram: https://social.ora.cl/6003wK2Hv Facebook: https://social.ora.cl/6005wK2Dv #NetSuite #VentureCapital #Fundraising --------------------------------------------------------- Episode Transcript: 00;00;04;04 - 00;00;40;00 Hello everyone. Thank you so much for tuning in to the NetSuite Podcast. I'm Megan O'Brien, a co-host of the podcast. We have quite a unique episode in store for you all today. Recently, NetSuite has been hosting events in various different cities across the US called Business Growth Here. This tour is geared towards helping local entrepreneurs and business leaders discover strategies and tools essential for business expansion, as well as valuable insights on effectively managing all aspects of a growing business from cash flow to overall operations. 00;00;40;02 - 00;01;10;11 The events are tailored to the unique challenges and opportunities of each city and feature local leaders and visionaries. In the Saint Louis tour stop, one of the sessions that really stood out to me was a panel on the current venture capital landscape. It was moderated by JD Weinstein, global director of Oracle's venture capital practice, and featured Dan Conner, general partner at Ascend Venture Capital, and Craig Herron, managing principal at iSelect. 00;01;10;13 - 00;01;35;22 There's a lot of great insight in there around the market build back, what venture capitalists are looking for right now in companies, and how founders can increase their chances of getting funding. After hearing that, I knew I wanted to share the valuable insights with all of you, our wonderful listeners. With that, let's jump in, because you're not going to want to miss out on this episode. 00;01;35;24 - 00;02;02;02 You're listening to the NetSuite Podcast, where we discuss what's happening within NetSuite, why we're doing it, and where we're heading in the future. We'll dive into the details about the software and the people at NetSuite who are behind all the moving parts. We'll also feature customer growth stories discussing the ups and downs of running a company and how one integrated system can help your business continue to scale. 00;02;02;05 - 00;02;22;01 To kick us off, we have JD Weinstein, the global director of Oracle's venture capital practice, who moderated the panel. He joined us for a quick interview just to give an overview of the session and some of his key takeaways. Could you begin by telling our listeners a little bit about yourself and what you do for Oracle? Sure thing. 00;02;22;03 - 00;02;56;26 My name is JD Weinstein. I joined Oracle just over six years ago and now lead our global venture practice. I've previously worked for various early stage accelerator programs and strategic or corporate venture funds to help entrepreneurs grow their businesses with special advantages. At Oracle, we work alongside VCs globally to help early stage portfolio companies scale with our cloud technology solutions, global customer network, and rich enterprise ecosystem. 00;02;56;28 - 00;03;22;25 So that starts with NetSuite and Oracle Cloud infrastructure, but extends to database to Java and our rich application suite. We also make strategic equity investments alongside our M&A function under our corporate development line of business. You were the moderator for a session at the St Louis Business Grows Here event called Raising Capital to Fuel Growth in an AI-Driven Era. 00;03;22;27 - 00;04;00;10 Could you give us an overview of the panel for all our listeners? Sure. We covered a good bit of ground here, starting with the state of the economy and what it means for venture and founders growing their businesses in this era. I had the pleasure to interview Craig Herron, the managing principal of ...
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    41 mins
  • SuiteWorld 2024 Recap: All Systems Grow

    SuiteWorld 2024 Recap: All Systems Grow
    Sep 30 2024
    Register for On Air to access recordings of SuiteWorld keynotes, sessions, product demos, and more: https://bit.ly/3MOuMK8 In this episode of the NetSuite Podcast, cohost Megan O'Brien sits down with multiple guests to recap the SuiteWorld 2024 event. She is joined first by Craig Sullivan, group vice president of product management at NetSuite, who covers new UX and AI features announced at SuiteWorld [1:31]. Next, Carly Nesson, a social impact pro bono project manager at NetSuite, discusses the Hackathon 4Good, NetSuite’s annual event at SuiteWorld where teams of “hackers” flex their technological prowess to create solutions for a nonprofit organization [11:25]. Lastly, Ranga Bodla, vice president of field engagement and marketing at NetSuite, closes out the episode by discussing learning opportunities and customer highlights from the event [16:25]. Follow Us Here: SuiteWorld homepage: https://www.netsuitesuiteworld.com/ NetSuite On Air registration: http://reg.rf.oracle.com/flow/oracle/sw24/attendeeportal24?source=PPC_Event_Horiz_SuiteWorld2024_0924 NetSuite Pro Bono email: probono_ww@oracle.com Carly Nesson LinkedIn: https://www.linkedin.com/in/carly-nesson-52809a3a/ Craig Sullivan LinkedIn: https://www.linkedin.com/in/craigssullivan/ Ranga Bodla LinkedIn: https://www.linkedin.com/in/ranga-bodla-bb45b/ Oracle NetSuite LinkedIn: http://bit.ly/NetSuiteLI Facebook: http://bit.ly/NetSuiteFB Instagram: http://bit.ly/NetSuiteIG Twitter: http://bit.ly/NetSuiteTW #NetSuite #SuiteWorld #AI
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    32 mins
  • Speedmaster Trades in SAP for NetSuite to Fuel Global Growth

    Speedmaster Trades in SAP for NetSuite to Fuel Global Growth
    Aug 19 2024
    Find out how NetSuite can help your business balance the demands of a global supply chain: https://tinyurl.com/3b253s98 Hear the story behind auto parts manufacturer Speedmaster and why they turned to NetSuite to run their growing business in this episode with Speedmaster CEO Jason Kencevski and cohost Ian McCue. Jason starts by sharing how his father came to start the company [2:15] and key moments over the past 40 years that made the company what it is today [7:52]. The CEO explains the influence of his own interest in technology on the business [10:32], which led it to adopt SAP Business One. Jason explains where that system fell short [14:06], then highlights the benefits of a “living, breathing system” such as NetSuite [19:41] and how it supports better decision-making [26:16]. He walks through how NetSuite helps the manufacturer-distributor efficiently manage international operations [28:05], its supply chain [29:21], ecommerce [37:37], and online marketplace sales [41:30]. Jason wraps up by explaining what’s next for Speedmaster [43:52]. Follow Us Here: Jason Kencevski: https://www.linkedin.com/in/jasonkencevski/ Speedmaster: https://www.speedmaster79.com/ Oracle NetSuite LinkedIn: http://bit.ly/NetSuiteLI Facebook: http://bit.ly/NetSuiteFB Instagram: http://bit.ly/NetSuiteIG Twitter: http://bit.ly/NetSuiteTW #Speedmaster #autoparts #NetSuite #NetSuiteERP #manufacturingERP -------------------------------------------------------- Episode Transcript: 00;00;00;00 - 00;00;30;14 Hey Suite listeners. Welcome to the NetSuite Podcast. I'm Ian McCue, a co-host of this podcast and senior content marketing manager at NetSuite. We have a great guest on today's show, Jason Kencevski from Speedmaster. Jason is the CEO of Speedmaster, a large manufacturer and seller of aftermarket auto parts for classic cars. To start, Jason shares why his dad started this business and how it turned into an industry leader over the past 45 years. 00;00;30;17 - 00;00;58;09 He explains how his own interest in technology led the company to invest in new systems that included implementing SAP Business One more than a decade ago. Jason dives into where the on-premises SAP application fell short when it came to running a global business and updating product data for 25,000 items. The CEO walks through how those frustrations led Speedmaster to replace SAP with NetSuite after a few years and how a “living, breathing system” made an enormous difference. 00;00;58;12 - 00;01;26;13 He digs into how modules including NetSuite OneWorld, NetSuite WMS, and NetSuite SuiteCommerce Advanced all helped the company run a smoother, more efficient operation. Jason wraps up with a few thoughts on what the future holds for vintage cars and what that means for his company. Stay tuned because all of that and more is coming up next. You're listening to the NetSuite Podcast, where we discuss what's happening with the next week, why we're doing it and where we're heading in the future. 00;01;26;15 - 00;01;45;22 We'll dive into the details about the software and the people at NetSuite who are behind all the moving parts. We'll also feature customer growth stories discussing the ups and downs of running a company and how one integrated system can help your business continue to scale. 00;01;45;24 - 00;02;11;17 So to kick this off, Jason, tell us a little bit about Speedmaster. What do you manufacture and who do you sell to? Yes, So I mean, Speedmaster has been around for over 40 years. We have a slogan, you know, we just make awesome car parts. But drilling into those awesome car parts, we design, test, and manufacture over 25,000 V8 car spare parts, you know, specifically aftermarket automotive, V8 car, spare parts. 00;02;11;20 - 00;02;31;21 And this is a business that your dad started back in 1979. And I saw on your website, you know, a cool video about kind of how it started. But for people who haven't seen that video, don't know that much about Speedmaster, could you kind of share that story about how this business came to be? Sure. Sure. I mean, you know, every great entrepreneurial story always starts with solving a problem. 00;02;31;23 - 00;02;48;21 I think that problem was my dad, you know, wanted to be the coolest kid in the block and have the fastest car so he can impress all the girls. I was doing that. You know, he was racing, legally of course. And, you know, he was racing and he blew up his engine and had to find out what broke. 00;02;48;24 - 00;03;05;22 Some of the components that broke were actually, you know, weren't perfectly designed or could have been designed better. And, you know, he started with the simple, simple entrepreneurial spirit of making something better, and the rest is history, believe it or not. Is this something that was kind of always your dad's passion? And did he did he have a knack for that stuff? 00;03;05;23 - 00;03;24;06 I mean, it seems crazy to just say this ...
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    45 mins
  • NetSuite 2024.2 Brings New Supply Chain, Subscription Billing, HR Features

    NetSuite 2024.2 Brings New Supply Chain, Subscription Billing, HR Features
    Jul 22 2024
    Learn more about NetSuite 2024 Release 2: https://bit.ly/3W7y8vS Cohosts Ian McCue and Megan O’Brien delve into NetSuite 2024 Release 2, with several guests joining to cover the latest and greatest features included. To start off, Lisa Schwarz, senior director of product marketing at NetSuite, gives an overview of the second release of 2024 [1:29]. She covers some of the most exciting updates in 2024.2 and what customers can expect. Tanios Boudames, product marketing manager for NetSuite SuitePeople, joins next to give a breakdown of new capabilities in NetSuite’s human resource management system [11:46]. Peter Bouyonan, an industry solution advisor at NetSuite, delves into the new supply chain and manufacturing features [24:48]. Lastly, Jessica Turnpenny, group manager of product management at NetSuite, goes over new SuiteBilling capabilities and how they will help subscription businesses [37:41]. Follow Us Here: NetSuite 2024 Release 2 Homepage: https://www.netsuite.com/portal/products/newrelease.shtml Oracle NetSuite LinkedIn: http://bit.ly/NetSuiteLI Facebook: http://bit.ly/NetSuiteFB Instagram: http://bit.ly/NetSuiteIG Twitter: http://bit.ly/NetSuiteTW #NetSuite #NetSuiteERP #NetSuiteSuitePeople -------------------------------------------------------- Episode Transcript: 00;00;00;00 - 00;00;23;08 Hey NetSuite Podcast listeners. Thanks for tuning into this episode breaking down our newest NetSuite release. I’m Ian McCue, senior content marketing manager at NetSuite and I’m joined by NetSuite’s business and finance editor Megan O'Brien. The summer means it's our second product release of the year and that NetSuite 2024 Release 2 is packed with a bunch of awesome new features. 00;00;23;10 - 00;00;50;19 Absolutely. NetSuite 2024.2 brings new functionality across SuiteBilling, SCM mobile and Manufacturing mobile, and SuitePeople, as well as new suite apps to help businesses run their supply chains more efficiently. We have four different guests breaking down the latest capabilities in detail and explaining how they benefit you. And if you're looking for more, our sneak peek release blogs are now live on NetSuite.com. 00;00;50;22 - 00;01;16;19 See the links in the description of this episode to check this out. Stay tuned because we have a lot of exciting updates that you won't want to miss. You're listening to the NetSuite Podcast where we discuss what's happening within NetSuite, why we're doing it, and where we're heading in the future. We'll dive into the details about the software and the people at NetSuite who are behind all the moving parts. 00;01;16;21 - 00;01;41;22 Unknown We'll also feature customer growth stories discussing the ups and downs of running a company and how one integrated system can help your business continue to scale. Kicking us off is Lisa Schwarz, senior director of product marketing at NetSuite. Lisa will provide a quick preview of what's new in 2024 Release 2, including an updated user interface that customers can now try out for the first time. 00;01;41;25 - 00;02;13;00 She also gives a refresher on how all our customers receive the update and what they can do to prepare for it. So, Lisa, we have a few guests joining us to dive deeper into the latest functionality in NetSuite 2024 Release, 2. But could you give us a quick overview of what's new? Absolutely. So we have a slew of new supply chain and manufacturing features ranging from NetSuite WMS to some of the mobile applications, as well as some hot new suite apps related to supply chain. 00;02;13;03 - 00;02;36;11 Unknown We'll be diving into the new SuiteBilling capabilities, which is our subscription management and billing solution. And finally, you'll hear about some of the new things going on with our HR solution, SuitePeople. So what's one feature in this release that you're kind of especially excited about or maybe see as a big win for our customers? Wow. That's a tough one. 00;02;36;11 - 00;03;02;06 It's like, you know, picking your favorite child or, you know, they're all special in their very own ways. From a practical point of view, it's great to see the evolution of Bill Capture, which we continue to fine tune the ML models that help increase the accuracy for matching the invoices to your NetSuite record. 00;03;02;08 - 00;03;39;13 So that's increasing productivity for our users. There's also Ship Central, our packing and shipping solution. With this release, there's some great new functionality to automatically find the best shipping rates, which is pretty cool so that’s saving users time but also money. So those are great. But I actually wanted to talk about a feature that's included in the release, but it's an early release status, so going into that a little bit. 00;03;39;15 - 00;04;05;05 What we're going to be doing with this release is to start to roll out some of the new Redwood UI elements to NetSuite. Users may have heard about this already ...
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    45 mins
  • Everything to Know About NetSuite AI

    Everything to Know About NetSuite AI
    Jun 25 2024

    DESCRIPTION: Learn more about the AI functionality embedded in NetSuite: https://bit.ly/4b2OICx


    In this episode of the NetSuite Podcast, Oracle NetSuite’s Brian Chess, Senior Vice President of Technology and AI at Oracle NetSuite, joins co-host Megan O’Brien. The episode starts with Brian giving an overview of his role at NetSuite [1:09]. They then discuss the business challenges NetSuite is looking to solve with AI [2:53]. Brian describes NetSuite’s unique approach to AI, including its use of Oracle technologies and NetSuite’s inclusion of AI in its suite of applications for no additional cost [6:06]. They delve into how NetSuite is keeping the human in the loop of AI applications [10:01]. They end the podcast by talking about the future of AI at NetSuite and where people can go to learn more [13:54].


    Follow Us Here:


    Brian Chess: https://www.linkedin.com/in/bchess/

    NetSuite Artificial Intelligence: https://www.netsuite.com/portal/products/artificial-intelligence-ai.shtml


    Oracle NetSuite

    LinkedIn: http://bit.ly/NetSuiteLI

    Facebook: http://bit.ly/NetSuiteFB

    Instagram: http://bit.ly/NetSuiteIG

    Twitter: http://bit.ly/NetSuiteTW


    #NetSuite #AI #NetSuiteERP #Automation #Technology
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    15 mins
  • Guidecraft Expands Internationally with Centralized NetSuite Platform

    Guidecraft Expands Internationally with Centralized NetSuite Platform
    May 13 2024

    Learn how NetSuite OneWorld can help you manage your global business in a single ERP solution: https://bit.ly/4b6Ua8h


    In this episode of the NetSuite Podcast, Guidecraft’s Dana Schultz, NetSuite Data Content and IT Support, and Kristin McCue, Director of IT and Distribution, joins co-host Megan O’Brien. The episode starts with an overview of Guidecraft [1:59]. They then discuss Guidecraft’s previous system, where it fell short, and its adoption of NetSuite [5:14]. They dive into Guidecraft’s use of NetSuite OneWorld to run its global business [8:50]. The Guidecraft team illustrates their use of NetSuite Analytics Warehouse to pull in data from multiple sources to run quick, on-demand reports [12:21]. They conclude the podcast by discussing the benefits of having needed capabilities in a single suite [16:15].



    Follow Us Here:


    Kristin McCue: https://www.linkedin.com/in/kristin-mccue-2b312140/

    Dana Schultz: https://www.linkedin.com/in/dana-schultz-9b0897173/

    Guidecraft: https://guidecraft.com/



    Oracle NetSuite

    LinkedIn: http://bit.ly/NetSuiteLI

    Facebook: http://bit.ly/NetSuiteFB

    Instagram: http://bit.ly/NetSuiteIG

    Twitter: http://bit.ly/NetSuiteTW


    #NetSuite #NSAW #NetSuiteERP #GlobalBusinessManagement #InventoryManagement
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    19 mins
  • New Features in NetSuite OpenAir 2024.1 Boost Productivity, Usability

    New Features in NetSuite OpenAir 2024.1 Boost Productivity, Usability
    Apr 15 2024

    Learn how NetSuite OpenAir centralizes operations for services companies: https://www.openair.com/


    What’s new in NetSuite OpenAir 2024 Release 1? Joining us to answer that question is Adam Mayo, Vertical Product Manager, Services at NetSuite. Adam shares some of the big-picture changes and trends affecting services companies [1:37] before giving more background on what OpenAir does and who it helps [3:17]. He then dives into key new features in the latest release of OpenAir [7:28], breaking down new features including the Project Center [10:09], usability improvements [12:48], and additional OpenAir Mobile capabilities [16:10]. To close, Adam reveals his favorite new feature in OpenAir [20:32] and shares resources where customers can learn more about the release [22:42].


    Like what you learned? Subscribe Now! http://bit.ly/NetSuiteYouTube


    OpenAir 2024.1 Release Blog: https://bit.ly/3UglQ3F


    Follow Us Here:

    Adam Mayo: https://www.linkedin.com/in/adamcmayo/


    Oracle NetSuite

    LinkedIn: http://bit.ly/NetSuiteLI

    Facebook: http://bit.ly/NetSuiteFB

    Instagram: http://bit.ly/NetSuiteIG

    Twitter: http://bit.ly/NetSuiteTW
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    25 mins
  • Listen & Learn: NetSuite Dashboards

    Listen & Learn: NetSuite Dashboards
    Mar 18 2024

    Discover how NetSuite Learning Cloud Support can empower your business: https://bit.ly/3ICXEmu


    In this episode of the NetSuite Podcast, I.B. Stottlemyer, senior principal instructor at Oracle NetSuite, joins co-host Megan O’Brien to discuss NetSuite dashboards. The episode starts with a discussion of I.B’s role at NetSuite and then dives into the Learning Cloud Support or LCS program [1:41]. I.B. introduces the topic of dashboards and why they are so important to cover [4:38]. He then delves into why NetSuite users should have multiple dashboards [17:33]. I.B. and Megan discuss what the future of dashboards look like in NetSuite, as well as some best practices and things to avoid [26:26]. They conclude the podcast episode with a discussion of how NetSuite users can learn more about setting up their dashboards [39:32].


    Follow Us Here:


    I.B. Stottlemyer: https://www.linkedin.com/in/instructorbob/

    NetSuite Learning Cloud Support (LCS): https://www.netsuite.com/portal/services/training/suite-training/learning-cloud-support.shtml

    NetSuite LCS Live Events: https://mylearn.oracle.com/netsuite/search/?filters=Format-Live%20Session

    NetSuite SuiteConnect: https://www.netsuite.com/portal/company/events/suiteconnect-2024.shtml

    NetSuite Learning Labs: https://www.netsuite.com/portal/company/events/learning-lab.shtml

    NetSuite Explorer Pass: https://mylearn.oracle.com/netsuite/story/explorerpass


    Oracle NetSuite

    LinkedIn: http://bit.ly/NetSuiteLI

    Facebook: http://bit.ly/NetSuiteFB

    Instagram: http://bit.ly/NetSuiteIG

    Twitter: http://bit.ly/NetSuiteTW
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    43 mins