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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…

Budgeting Made Easier with Excel Interface for Planning

By Tiffany Smiley | November 15, 2018

By Tiffany Smiley, Senior Adaptive Insights Consultant A very common struggle during the budgeting process is to gain involvement and ownership from key business process owners. These individuals can be discouraged when challenged to use a tool they are not familiar with or don’t use very often. Some Finance departments have also found that they…

Microsoft Announces Dynamics GP Year-End Updates

By KES Team | November 15, 2018

With the end of the calendar year approaching, the Microsoft Dynamics GP team is preparing for 2018 year-end updates that will be required for W2’s or 1099’s. If you would like to schedule year-end payroll or 1099 assistance with KES, please contact Autumn Harris, KES Client Account Manager at *protected email*. With year-end being a…

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…

Adaptive Insights

KES wins Adaptive Insights Partner Excellence Award

By KES Team | May 2, 2018

Kraft Enterprise Systems announced it was awarded the Partner Excellence Award by Adaptive Insights, powering a new generation of planning with its business planning cloud. The awards recognize outstanding achievement by Adaptive Insights partners around the world in a variety of categories.

Attach document

Are you using Microsoft Dynamics GP’s 2018 document attach feature?

By Gaejtens Cadet | March 8, 2018

Are you using the Document Attach functionality in Dynamics GP 2018? If you need the ability to attach documents to transactions in the system and want to avoid using the shared network location, this is a feature you don’t want to miss.

Financial Planning

Everybody plans. Here’s why it matters.

By KES Team | March 8, 2018

We all compete in a disruptive, fast-paced world. That means you can’t afford to be caught flat-footed, unable to react with speed and agility to shifting market conditions.

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.

Migration

Ready to migrate from annual budgets to rolling forecasts?

By KES Team | November 15, 2017

Companies often spend weeks or months developing an annual plan or budget, but by the time they’re finished, the market has changed and the budget has become obsolete. There’s a better way: rolling forecasts.

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.

Spreadsheets

Learn about Adaptive Insights formula game

By Kate McNeil | May 30, 2017

Similar to the shell game, tracing a formula back to its source can be frustrating. Deciding how or where to enter that formula can be equally as challenging. Users ask all the time, how do I know what formula is in an account. Here is a quick and easy guide on formulas on General Ledger Accounts and Custom Accounts.

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.

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