PostedbyBrianK。

Taylor,VicePresident,Compliance,NetSuite

TheGovernance,Risk,andCompliance(GRC)landscapehasbeenrapidlyevolvingoverthelast18to24months,withsignificantimplicationsforNetSuiteandourcustomers。

We’veseenacceleratingadoptioninpublicandpublic-boundcompanies,inupmarketandrapidgrowthmidmarketcompanies,andincompliance-regulatedcompanies,suchasnonprofitandeducation。

ThePCAOBcontinuedtoevolveitspositiononareassuchasreporting,andcompletenessandaccuracyofsampleselections,andmoreandmorecompaniesarecomingoffJobsActgrace-periods。

There’salsobeenalotmoreattentionandfeedbackfrompublicaccountingfirmsworkingacrossmultipleNetSuitecustomers,whichhaspresentedexcitingopportunitiesforopen,frank,dialoguesbetweenNetSuite,customers,andtheirauditors。

WeunderstandthevitalrolerobustandscalableGRCcapabilitiesplayincompliance-focusedcustomers’successandgrowth。

NetSuiteiscommittedtoprovidingenterprise-classcomplianceandcontrolcapabilities,asacoreelementofourmarket-leadingcloudERPplatform。

Wearelaser-focusedondeliveringthefoundationalGRCproductsandservicesyouexpect,supportedbytoolsthatensureyou’reabletorapidlyandcompletelyleveragethosetechnologies,suchasgreatlyexpandedhelpdocumentation,newonlineandinstructor-ledtrainingcourses,presentingatindustryconferences,webinars,andmore。

Overthecomingweeks,I’llbesharingmythoughtsonourGRCvisionandstrategy,recentandfutureproductandserviceenhancements,leadingpractices,andhighlightingsomefantasticpartnersolutionsthatextendthesuiteincompellingdirections。

TodayI’dliketosharesomerecentwinsfromSeptember,whichwasabigmonthforGRCatNetSuite;weheldourinauguralGRCAuditAdvisoryBoardanddeliveredofourfirsteverGRC-focused,threeday,blended-learningtrainingcoursetoacombinationofcustomers,auditprofessionals,anddeveloperpartners。

Theadvisoryboardwasattendedbyawho’swhoofglobalauditandadvisoryfirmpartners,andfeedbackfromtheparticipantswashighlypositive,bothintermsofourrecenteffortsandforwardlookingplans,butalsointermsofourGRCcommunitybuildingandenablementactivities。

Multipleparticipantsexpressedhowamazingitwasthatwewereabletobringtogethersuchadiversegroupofauditandadvisoryleaders。

Oursuccessindoingsoreflectstheimportanceofthisinitiativetoourcustomersandthesefirms,andisatestamenttoourinternalGRCteamthathasworkedpassionatelytobuildtheseprofessionalrelationshipsandtrust。

ThisboardnowjoinsourexistingGRCCustomerandPartnerboards,asanimportantelementinourmarket/productvalidationandprioritizationsoundingboard,whilegivingustheopportunitytodriveeducationandempowermentintothesecommunities。

Andonthesubjectofcommunity,communityandpartnershiparekeyelementsofwhatwearetryingtoachieveintheGRCspace。

NetSuite,ourcustomers,partners,andtheauditandadvisoryprofessionalfirmsallwinorlosetogetherhere;wearedrivingtowardsacommongoalofempoweringourcustomers’businessesthroughactivecommunication,transparency,collaboration,andtrust。

Inthisregard,theadvisoryboardsrepresentbothopportunitiesforleadershipandenablement。

AnotherimportantmilestoneistherecentcompletionofourGRC-focusedtrainingcourse。

ThecourseisanintroductoryguidetoestablishingandauditingcontrolsinNetSuite。

Whetheryouareanewemployeeatacustomer,atNetSuite,atanadvisoryfirm,orsimplysomeonethatisnewtoNetSuiteortheGRCspace,thistrainingcoursehelpsaccelerateyourunderstandingandusageoftheNetSuitetoolsavailabletoyou,whethersettingandmonitoringchangemanagement,accessmanagement,orinternalcontrolsoverfinancialreporting(ICFR),orconductingcomplianceandcontrolsaudits。

Additionally,thecourseservesasagreatintroductiontoNetSuiteingeneralandtosomeofourimportantGRCadd-onmodulesandpartnerapplications。

I’mexcitedtobeabletosharetheserecentmilestoneswithourGRCcommunity,andlookforwardtoengagingwithyoumoreonouraccomplishmentsandplansinthisarea。

PostedonWed,October26,2016byNetSuitefiledunder

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