NetSuite for Media Companies
Industry-Specific NetSuite Solutions
United simplicity, automated dynamism, and easy-to-access data make NetSuite ERP a must-have for media firms. Acquire business intelligence through the use of real-time dashboards that display Key Performance Indicators (KPIs). Role-based, customizable dashboards provide your team with detailed reporting on historical and comparative data with real-time, industry-specific KPI information.
About NetSuite for Media and Publishing Companies
Whether you are a daily newspaper, a magazine publisher, or a subscription manager, you must diversify your commercial offerings to remain attractive today. Your customers' expectations have changed: they want to combine paper and digital, receive different titles, or vary the frequency of their subscriptions. Therefore, the personalization of offers is more than ever at the center of the sector's concerns. To meet these challenges, you need an enterprise resource planning solution that can adapt quickly in a market seeking innovation.
Oracle NetSuite simplifies complex tasks that are typically handled with multiple programs and spreadsheets. It offers media and publishing companies a comprehensive view of the complete life cycle of sales campaigns and subscriber life. It manages billing for complex ad campaigns. As it does all this, it provides you with real-time reporting, allowing you to make informed decisions when needed.
Key Benefits
- Role-based, customizable dashboards
- Real-time, industry-specific KPIs
- Integrated CRM, ERP and Ecommerce
- Self-service customer and subscriber centers
Key Features & Capabilities
- Customized reporting on historical and comparative data
- Efficient workflow management with advanced reporting features
- Line item billing for complex orders
- Financials/ERP
- Customer relationship management
- Partner relationship management
- Employee management and productivity
*Some features sold in add-on modules
Manage the Whole Lifecycle
NetSuite for Media Companies provides a single system that encompasses the entire media lifecycle for both subscribers and advertisers. This eliminates the need for multiple programs and spreadsheets, allowing for faster and more accurate numbers in real-time. It tracks advertisements from the moment of their insertion through to their fulfillment and verification, and automatically generates invoices in customizable billing schedules. It tracks advertisements sales with back-office financial accounting and order management processes. In the realm of subscribers, it executes sales campaigns, compiles their results, and proactively manages renewals to minimize churn and sustain revenue.
Simplify Billing
When dealing with multiple advertisements in different issues or runs as part of a campaign, things can get complicated. NetSuite tracks the advertisements and automatically creates invoices as each piece of the campaign is completed. This allows for simplified ad management, eliminates outstanding days, and increases cash flow. We configure NetSuite ERP to accommodate your specific subscription plans. Marketing campaigns offering discounts to new subscribers are also easily managed.
Ecommerce & Customer Portal
SuiteCommerce (NetSuite's e-commerce solution) will also be important for media and publishing companies that are implementing NetSuite. After all, there is no effective management system without an interface with your website for presenting offers and integrating online sales. Likewise, your customers have no autonomy in managing their subscriptions without access to your customer portal.
Implementing NetSuite
Whether you are a media or publishing company, NetSuite provides a cost-effective solution that integrates sales for subscribers and advertisers alike, executes sales campaigns, and compiles all the data into one unified application suite. If you decide it's time for your business to implement NetSuite, please let us know, and we will help you integrate NetSuite into your growing company with our tried-and-proven professional services.
Benefits to Particular Roles in the Industry
- Press Subscription Managers - NetSuite can help you manage all the subscription formulas, reminders, invoicing, sales by number, and more, all in a single tool! NetSuite also provides a 360° view of your subscribers and helps you generate regular reports on your activities.
- Media Analysts - Implementation of a business intelligence solution for audience analysis and production of detailed reports. Integration with external systems specializing in audience data collection.
- Book Distributor - Design of a tailor-made ERP solution taking into account the specificities of the book sector. Manage data related to catalog and price reference, sales management, replenishment, invoicing, and stock levels.
Related NetSuite Solutions
Some modules that may be useful to media companies are:
NetSuite Managed Services for Media & Publishing Companies
Looking for ongoing NetSuite support at a price point that works for you? Save money with our year-long managed service plans.
NetSuite Integrations
NetSuite Integrations that can benefit Media and Publishing Companies >