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]]>From Engagement to Purchase, NetSuite and Bronto Leapfrog Industry Performance Sevenfold Holiday Sales Transacted On NetSuite’s Omnichannel Commerce Cloud Platform Climb 21% Bronto Software Delivers 3.7 Billion Commerce Marketing Messages
SAN MATEO, Calif.—January 26, 2016—NetSuite Inc. (NYSE: N), the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced that merchants running their B2C and B2B businesses on NetSuite’s unified omnichannel commerce platform, SuiteCommerce, transacted a total of 4.7 million orders online and in-store during the 2015 holiday period of November and December—a 21 percent increase from the same period in 2014. The figure represents a sevenfold increase over the industry, which experienced year-over-year retail holiday growth of only three percent, according to the National Retail Federation (NRF).
Bronto Software, a NetSuite company that provides the leading cloud-based commerce marketing automation platform, sent 3.7 billion marketing messages between Thanksgiving and New Year’s. The 54 percent year-over-year increase represents how integral Bronto technology is to merchants keen to engage and motivate their customers with the delivery of timely, relevant and data-driven digital marketing during their holiday shopping journeys.
NetSuite’s cloud platform not only tackled the spikes of holiday marketing and order processing, it delivered critical website performance that surpassed the online operations of retail giants. During November and December, the average speed of all SuiteCommerce websites was 23 percent faster than the average speed of 30 leading US retailers, including Amazon and Apple, based on data gathered using Dynatrace.
Full story at link below…
Source: NetSuite Customers Deliver Record Holiday Results with Omnichannel Commerce Cloud Platform
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]]>How food is taxed – Will’s Whiteboard – YouTube
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]]>The post How to find the right sales tax rates: ZIP codes vs. geolocation appeared first on NetSuite Partner: NetSuite ERP Consultants.
]]>I want to show you something. This is a map of the over 12,000 sales tax jurisdictions there are in North America. These sale tax jurisdictions do not map to ZIP codes. There may be some overlap sometimes, but not always and this can get businesses into trouble. I give you a concrete example. Let’s say you are an online retailer and you are selling computers under the greater Denver area. And it just so happens that there are next door neighbours that ordered the exact same computer from you, and the computer cost $1,000. This is a single ZIP code, 80022, but as you can see from the colors there, they are in completely different sales tax jurisdictions.
House A is over here in this colour. Their sales tax rate 4.75%. House B, in this colour, 9.25%. If you are going of ZIP codes somebody is going to end up being upset. Either you are going to overcharge the customer in the lower sales tax rate, and if they find out they are going to go, “Hey, I paid about $45 extra and I didn’t have to”, or you are going to undercharge the person in the higher sales tax rate. Then, if the state finds out, they are going, “Hey, that’s our money”, and now you as a business are on the hook for paying that back to the state. So as you can see, relying on ZIP codes for sales tax rates can get you into trouble. What’s a business to do? If it’s not ZIP codes, then how do you get accurate rates?
Well, there is a technology called Geolocation, and if you don’t know what that is, it’s the same technology Google Maps uses to pinpoint your exact location. If you use Geolocation and combine it with an actual map of sales tax jurisdiction like Avalara does, then you can rest easy when you do your sales tax lookups knowing that you are getting the right rate and you are not making anybody mad. I hope this helps. I’ll see you next time.
https://www.youtube.com/watch?v=yxtJZXWpNmQHow to find the right sales tax rates: ZIP codes vs. geolocation – YouTube
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]]>Sage Resources Dec 2015 – YouTube
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]]>Affordable Care Act: IRS Reporting for Employers Part 2 of 2 – YouTube
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]]>The post Affordable Care Act: IRS Reporting for Employers Part 1 of 2 appeared first on NetSuite Partner: NetSuite ERP Consultants.
]]>Affordable Care Act: IRS Reporting for Employers Part 1 of 2 – YouTube
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]]>The post Avalara for Communications – Simplifying an Increasingly Complex Industry appeared first on NetSuite Partner: NetSuite ERP Consultants.
]]>Avalara for Communications – Simplifying an Increasingly Complex Industry – YouTube
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]]>The post Research Insights: The 3 Top Visibilities Every Retailer Needs for Success appeared first on NetSuite Partner: NetSuite ERP Consultants.
]]>Research Insights: The 3 Top Visibilities Every Retailer Needs for Success – YouTube
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]]>The post Research Insights: Top Lessons Retailers Can Learn from Consumers appeared first on NetSuite Partner: NetSuite ERP Consultants.
]]>Missed the past videos in the Research Insights series? Check them all out below.
Research Insights: Top Lessons Retailers Can Learn from Consumers – YouTube
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