dNet Resources
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Electronic Systems Contractor Industry
NetSuite dNet
Realize an easier way to do business by using NetSuite and D-Tools in concert.
Installing low voltage systems is a difficult business. Potentially having multiple projects per customer, installing systems by room and zone and phase, tracking and billing both time and serialized inventory. In this demanding industry, some companies have more problems as they experience quick growth selling to residential and commercial, online, and in store customers.
If you track customer data like the example above, it's time for a change. If your install or service team receives their job information on a scratch piece of paper, you are in trouble. If you have to transfer data from your sales software, to the Excel spreadsheet that has the design and the estimated costs, to your accounting software to your project tracking software, money is being lost.
Consider this: just 30 minutes of duplicate data entry a day by a $10/hr administrative assistant adds $1,300 of wasted work every year! Just entering data. Now factor in your project managers, bookkeeper, and installers pay rates, which aren't $10 an hour.
The Solution
"Now, with a single suite that has built-in checks and balances, there's no more worries…NetSuite helps us better manage ourselves, giving us more execution capacity."
-Chad Modad, AD Systems
It's time to work in a suite developed specifically for the A/V industry. dNet combines the ability to tracks sales, accounting, and customer/project data all in one place with integration to D-Tools. Imagine when a customer calls up, being able to pull up all their data in just one place.
What is the potential value of the increased efficiency from dNet?
This is an example of how to calculate the benefit of having a single point of entry for your data. It assumes that 10 people enter data for sales, design, projects, and accounting.
| I. Current Time Spent on Manual / Redundant Business Processes | Units | Notes |
| How many hours a week do your employees spend re-entering data from one system to another? | 25 | Assumes we save each employee 1/2 hour per day (1/2 * 10 employees * 5 days) |
| How many hours a week are spent combining information from multiple sources to create reports? | 4 | Assumes we save 2 people 2 hour each per week |
| How many hours a week are spent in backing up data or systems, or in upgrading software? | 2 | |
| How many hours a week are spent transferring information manually from one employee to another? | 25 | Assumes we save each employee 1/2 hour per day (1/2 * 10 employees * 5 days) |
| Sub-Total - Inefficient Employee Hours per week | 56 | |
| What is the value of an hour of an average employee's time at your company (cost per hour)? | $94 | Assumes $40k/yr salary and every hour saved is equal to $75 revenue |
| SUB-TOTAL - ANNUAL SPENDING ON EMPLOYEES DOING MANUAL / REDUNDANT ACTIVITIES: | $258,663 | |
| II. Potential for Enhanced Revenue Streams, resulting in Higher Profits | ||
| How much extra profit per year could your selling efforts yield from automating your sales force? | $480,000 | Assumes 2 lost leads per month due to lack of follow-up, and 2 lost leads per month that could have been gained by email marketing. Assumes sale of $10,000 |
| How much extra profit per year could your support team drive via satisfied customers & upselling? | $24,000 | Assumes could get old customers back in the door with reminders, follow-ups, etc. Assumes each upsell is $500 and assumes 4 per month |
| SUB-TOTAL - ANNUAL PROFIT FROM REVENUE GROWTH POTENTIAL | $504,000 |