Categories

KES Receives NetSuite’s 5-Star Partner Award

By KES Team | June 10, 2019

Brentwood, TN – May 22, 2019 – Kraft Enterprise Systems, LLC (KES), the Southeast’s premier provider of enterprise cloud business solutions, today announced that it has received the Oracle NetSuite 5-Star Partner Award. The award acknowledges members of the NetSuite Solution Provider Program that continue to deepen their commitment to NetSuite customers through strategic expertise…

Insight

NetSuite Rolls Out New Release 2019.1

By Glenn Hofmann | April 11, 2019

By Glenn Hofmann, NetSuite Practice Director As a true cloud solution, twice a year, NetSuite pushes out a new release to all 40,000 of their customers. This not only means all 40,000 customers are running on the same version of NetSuite, but it also means that these customers all receive the new features and capabilities…

The Challenge and Opportunity of Revenue Recognition in the Cloud

By KES Team | November 16, 2018

Originally posted on the Oracle NetSuite website Staying on top of revenue recognition is a major challenge. Getting it right means keeping pace with fast-changing licensing and distribution models, managing the complexities of multi-element contracts, and complying with stringent SEC and Sarbanes-Oxley regulations. And you’ve got to stay ahead of ever-evolving revenue recognition rules such…

Cyber Security

Top 13 Cybersecurity Controls for Midmarket Enterprises

By Don Baham | August 1, 2018

Midmarket companies can be seen as soft targets for bad actors since IT and security budgets are not as robust compared to larger enterprises. Drawing on the SANS Top 20 Critical Security Controls, Kraft Technology Group (KTG) has gathered a list of cyber security controls which will greatly reduce the risk of a security incident…

Billfinity

Grow your recurring billing business with BillFinity

By Glenn Hofmann | March 6, 2018

We at Kraft Enterprise Systems, LLC (KES), are pleased to announce the launch of Billfinity, a simple, yet powerful vertical software solution for businesses that bill and account for recurring revenue using NetSuite.

Customer Success

Built to run a business: NetSuite’s secret to customer success

By KES Team | November 15, 2017

A key factor in NetSuite’s success from Day One was the overarching goal of the company. NetSuite was built to run a business. The suite includes many outstanding capabilities, built in from the ground up, including: pure cloud architecture; built-in Business Intelligence; customization framework; ecommerce; and more.

Outgrowing QuickBooks

Top four signs you’re outgrowing QuickBooks

By Meredith Schultenover | May 25, 2017

When we are meeting with prospective clients, we are often asked: “When is the right time to move from QuickBooks to cloud financials?” In the past few years, we have moved several growing companies from QuickBooks to NetSuite. QuickBooks is an excellent and cost-effective solution when companies are getting started. However, many of our clients have found that it may not be the right choice for the long term.

NetSuite Cloud Accounting Software

NetSuite vs Intacct: Key Differentiators

By Meredith Schultenover | May 22, 2017

At Kraft, we have been selling, implementing, and supporting business software solutions for more than 20 years.  We have experience with multiple products and pride ourselves on partnering with software publishers offering the best solutions on the market for our clients.  We are constantly evaluating new solutions as they come on the scene and watching…

Don’t move my cheese: Lessons in change management

By Gaejtens Cadet | February 20, 2017

The book Who Move My Cheese? By Spencer Johnson was released 19 years ago, but remains extremely relevant today. The book is an allegory telling the story of its four main characters, 2 mice, Scurry and Sniff, and 2 small humans, Hem and Haw. The four live in a maze and each morning they would…

Insight

The value of insight

By Autumn Harris | January 17, 2017

As an executive, business owner or line of business director it is important to understand the critical metrics by which you should run the business. A deep understanding of those numbers, measures or factors can lead to dramatic performance improvement.

Accounting depatment

Future-proof your accounting department

By Gaejtens Cadet | December 14, 2016

Businesses are evolving and changing faster now than at any time in the past. While experiencing rapid growth and change, some private businesses falter under the weight of their own stature. A failure in financial reporting or compliance can quickly have a huge impact on corporate reputation and the company’s prospects for continued growth and profitability.

NetSuite vs Salesforce: Key Differentiators

By Meredith Schultenover | August 16, 2016

NetSuite vs Salesforce: Key Differentiators By  Meredith Schultenover, Managing Director, Kraft Enterprise Systems Recently, a friend contacted me to ask my opinion about Salesforce.com (SFDC) as an option for a new CRM system.  This friend has also asked me in the past about ERP systems.  He owns a distribution company where they are running their sales…

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