How To Implement Electronic signature in NetSuite

The easiest way is to just talk to your signNow rep.  signNow has close to 1,000 employees that are all trained in electronic signature processes.  There is also a professional services department who can go through and give you feedback.

Implementing NetSuite requires almost same pipeline process as you’d follow during implementation of any other ERP+CRM business support system.Generally based on BRD, the implementation team will create a project plan which would include implementation of key business processes being followed (ex - setup structure of COA (chart of accounts), procure to pay process, sales cycle- opportunity to cash receipt/payment and so on)Also based on gap analysis for specific processes that are not supported by NetSuite out of the box, customized suitescript solutions are developed.Another areas of concern are import/export strategy one should follow to bring in essential data (transactions/ items / entities / inventory / opening balances for accounts ).Another key area is Role & Dashboard customization (in layman terms it’d be deciding the level of access to data for particular individuals/groups in your company & then providing them with the relevant UI )For every module/ process you implement — you’ll follow through with user review, education and changes as per feedback.There are many other things one needs to consider but as another writer has already suggested, implementing any ERP system is a big task for an individual/team so you should look for a NetSuite partner firm or team of NetSuite Consultants/developers that can assist your business entity through the necessary steps.

NetSuite ERP has been signified as the most customer friendly software suite to provide simultaneous benefits with its multiple business solutions.I suggest you to go with CLOUD FOUNDATION if you are looking for an online institute to learn NetSuite.They provide a unique free course helping candidates to get an idea of basic concepts underlying in the tool.The free course also guides you through the certification process.Let’s have a look at NetSuite ERPNet Suite ERP system comes in two forms; one of which is the on-premise ERP that is installed locally and the other comes as a cloud-based ERP solution.Locally installed on company’s hardware to be later managed by company’s IT staff is called the on-premise ERP solution.On the other hand, SaaS (Software-as-a-Service) is the cloud ERP, which can be availed as a service from an ERP vendor; who centrally manages company’s ERP software along with all data over the Internet that can later be accessed by using internet browser.Key attributes of NetSuite :• Cuts down IT costs up to 60%.• Automated processes.• Increases order to cash process by 55%.• With updated versions, you always get improved system performance.• Offers real-time visibility and enables to access business operations from any time anywhere.

The quick answer is that 75% of all the NetSuite projects I have been a part of have been between $35,000 and $95,000 for the initial implementation.See below for a more nuanced answer…Discovery & AnalysisAll NetSuite ERP implementations should begin with some sort of formal discovery & analysis. It’s during this phase of the project where the implementation team is becoming familiar with the customer, its business and processes and will determine how NetSuite will map to the user requirements. After the initial Project Kickoff and Business Process Questionnaires completed most discovery projects are conducted on-site with the various department leads. These on-site sessions are usually conducted over the course of 3-5 days pending project scope and are the basis for successful NetSuite implementation. The on-site is one area you could save money by conducting the sessions remotely, however I think most customers would agree this is a great opportunity to be able to "press the flesh" with the team you will be working with on an on-going basis over the next several weeks to months. The discovery and analysis phase of the project culminates with the following….Business Requirement Document (BRD) – Generally 80-100 pages and serves as the blue print for your implementation. It details the solution for a project including the documentation of customer needs and expectations.Technical Requirement Documents (TRD) – Supplements the BRD by providing potential technical solutions to GAP’s identified in the BRD.Project Plan – A formal document used to guide both the project execution and project control. Cumula 3 Group uses Smartsheet for project tracking.In my three years of selling NetSuite ERP, most project failures result not from the software chosen or lack of system expertise but a failure to properly communicate and document requirements that articulate the needs of the business in a manner that both the customer and the consulting firm are in complete agreement. In my opinion, this is the most critical part of the project and one that warrants sufficient time and attention to ensure a successful outcome.Budgeting Tip: Expect a consulting firm to spend roughly 100-200 hours of the project dedicated to gathering and documenting requirements for your NetSuite ERP implementation. Remember, you can pay now for a high quality discovery and analysis phase or pay later due to “new” requirements through costly and unpredictable change orders or dissapointing end user adoption.Data MigrationWhen you change ERP vendors this will inevitably involve a substantial transformation effort as almost every application operates on its own data model. Migrating data to your new NetSuite instance is one particular area we see other firms and customers struggle with. It’s not uncommon to get calls from new NetSuite customers asking for assistance with data migration because this was a topic that was swept under the rug during the sales cycle and the customer assumed their implementation team would take care of it as part of the project. Newer companies with limited data should be less concerned but mature companies with several years of historical data from a legacy system should absolutely ask their professional services firm how they intend to assist with the data migration effort and how much it could cost. Cumula 3 Group offers customers two options for data migration. As part of our standard methodology approach we assist clients with data strategy, template reviews, mapping, import testing and review. For some clients that don’t have the in-house expertise and require white glove treatment we can assist with the entire data migration effort, soup to nuts.Budgeting Tip: Data Migration projects are entirely unpredictable and can become a black hole however expect a professional services firm to spend in the neighborhood of 10-50 hours for a standard NetSuite data migration project.Configuration/UAT/Go LiveDuring a typical NetSuite implementation project you can expect to have 3-5 configuration sessions per week for roughly 8-12 weeks. This is highly dependent upon scope, desired go-live dates, resource availability, etc, assuming a waterfall approach. Therefore it’s vitally important before embarking on this stage of project that you have executive buy in, limited competing priorities, limited PTO for critical project team members, limited staff turnover, or anything else that could jeopardize the project. A high quality professional services firm will schedule just enough sessions to hit your goals and objectives without putting your job and the business at risk.Budgeting Tip: Of the entire project budget, configuration, user acceptance testing and Go-Live support make up roughly two-thirds of the entire project. The remaining one-third comes from the discovery & analysis phase. All the more important to ensure the discovery and analysis phase was properly conducted before spending the majority of your time and budget on a doomed project. Expect a consulting firm to spend 150 – 300 hours during this phase of the project.System IntegrationRoughly 50% of the customer’s we work with require some sort of system integration. Generally it’s a SalesForce CRM to NetSuite ERP integration, NetSuite ERP to e-commerce site (e.g. Magento), NetSuite ERP to a recurring billing system (e.g. Zuora) or customer support system (e.g. Zendesk). Third party application integration is very much supported by NetSuite and there are several approaches to integrating NetSuite with other applications. We commonly leverage the cloud based integration platform Jitterbit (Gartner Magic Quadrant Leader) for connecting multiple end points (applications ) or for something smaller / less complex we can build direct integrations leveraging SuiteScript or SuiteTalk. System integration projects can become quite large, its important to understand what applications require integration for a successful go-live and get estimates for those upfront to avoid costly surprises. Further, depending upon transaction volumes between systems, you may require additional NetSuite licenses (SuiteCloud+) to increase the number of queues for scheduled scripts and concurrent threads available for web services. Your NetSuite Solution Provider can assist you with properly sizing the solution to ensure optimal performance.Budgeting Tip: System integrations can be as little as $5k-$25k/year in subscription fees and may require $5k - $50k in professional services. This is entirely dependent upon what applications require integration, how many applications and how many data flows between systems.NetSuite TrainingIn my opinion, end user adoption is one of those critical benchmarks for determining whether or not a systems initiative was a success, after all why spend all the time and money on a new application only to uncover that your users are back to their old habits and using Excel for things it was never intended for. Further, don’t expect end users to embrace the new system after a single training session, remember training is an on-going process, not a one-time event. Be sure to incorporate sufficient budget and attention to the on-going training needs of your end users. This can be accomplished through NetSuite's Professional Training department or delivered through a partner. The great thing about working with a partner for training is that they can often times deliver custom training with your unique instance in mind and often times its more cost effective. Cumula 3 Group offers both options to our clients depending upon the training topics to be delivered and budget. Here's a list of training topics currently available. Lastly, Cumula 3 Group always recommends having at least one member from the project team attend NetSuite Essentials prior to starting configuration sessions during a NetSuite implementation. This will help ensure the NetSuite implementation team lead has the fundamental information fresh in their mind going into the project.Budgeting Tip: I recommend setting aside $5-10k for training for the initial project and potentially on-going depending upon the number of new users you intend to add to NetSuite. We always suggest that the project lead take NetSuite Essentials prior to beginning NetSuite configuration sessions.CustomizationsNetSuite customizations are identified in the GAP’s section of a Business Requirement Document and solutioned either by SuiteScripting or SuiteFlow. SuiteScripting allows developers to create flexible business logic within NetSuite tailored to a particular business need. SuiteScripting can be used to automate business processes or write entirely new applications.SuiteFlow enables non-technical users to set up workflows with a point-and-click, drag-and-drop interface (see screenshot). No coding!Depending upon the use case we generally provide our clients with several options when it comes to solutioning GAPs. One option, the manual work around (free) or something entirely custom for their business/process (more expensive), and something in between and let them chose which path to take.Budgeting Tip: I’d suggest setting aside $0-10k for customizations for the initial implementation. NetSuite is robust enough that many times GAP’s are minimal and require little to zero coding. However in industries that NetSuite does not focus on or businesses that have unique process, expect to allocate more budget to customizations ($25k+)As you can see its no easy feat coming up with a simple answer for how much does a NetSuite implementation cost. In the 4 years I have helped customers with NetSuite implementations I have seen projects in the low 30's to just shy of a million and everything in between and remember the old adage about how clients must chose only two of the three options.... choose wisely!Good + Fast = ExpensiveGood + Cheap = SlowFast + Cheap = Inferior

signNow is an Apple & Google loved secure e-signature solution. Pricing merely depends your requirement. Check out the pricing of signNow here.

Yes, e-signatures are legally valid in India. In fact, e-signatures have been recognized by the Indian law, with the passage of the Information Technology Act in year 2000.As per the IT Act, two types of signatures have the same legal status as handwritten signatures. These primarily include:(i) Digital Signatures: In this case, the signer is issued a long-term (1 to 2 year) certificate based digital ID stored on a USB token that can be used along with a personal PIN to sign a document.Note: Previously, the signer was issued a long-term (1 to 2 year) certificate based digital ID stored on a USB token that could be used along with a personal PIN to sign a document digitally. Now with Aadhaar, that complicated procedure isn’t required anymore. You can simply use signNow’s Aadhaar eSign to create a digital signature on the fly using your Aadhaar ID(ii) Electronic signatures: These electronic signatures combine Aadhaar identity number with an electronic Know-Your-Customer (eKYC) method (which includes sending an One-Time-Passcode to the mobile number linked to the Aadhaar card for verification)These Aadhaar based e-signatures and digital signatures are valid as long as they satisfy these conditions:(i) Electronic signatures must be uniquely linked to the person signing the document. (in the case of Aadhaar based signatures, they are linked by the unique Aadhaar ID)(ii) At the time if signing, the signatory must have control over the data used to generate the electronic signature (for eg: they should be able to directly affix the electronic signature to the document)(iii) There should be an audit trail of the steps taken during the signing the process(iv) In the case of digital signatures, signer certificates must be issued by signNowing Authority recognized by the Controller of signNowing Authorities appointed under the IT Act.Few of the exceptional cases in which documents cannot be signed electronically and must be executed using traditional handwritten signatures include:(i) Negotiable instruments such as a bill of exchange or a promissory note(ii) Powers of attorney(iii) Trust deeds(iv) Wills and any other testamentary disposition(v) Real-estate contracts such as leases or sales agreements.If you are looking to get legally compliant electronic signatures on contracts, invoices, quotes etc., try signNow, India’s first Aadhaar eSign solution that offers a complete fill-and-sign functionality with business workflows. Thus allowing users to finish their documents in one go.Here’s an informative ebook that will give you a brief overview of everything you need to know about electronic signature laws in some of the largest economies around the world: The Complete Guide to Electronic Signature Laws

First of all, digital signatures offer a much higher security and convenience factor - most digital signature software out there comes with quite a few encryptions to keep your documents secure, there are digital trails that track every change that happens to the document (such as signature added/removed, or any other alteration), quite a few applications also show a progress bar of how the signing process is going, you can assign signatures, add remarks and stamps - all on your mobile device. There is no need to track the person to get their signature - just wait for them to sign. This is incredibly efficient compared to the ‘wet’ signatures. So, the main factors are security, speed, audit trails, process monitoring and the ability to do all these tasks on the go and on multiple devices/platforms.If you’re in the market for such an application that offers all these features and more, I suggest checking out signNow by Kdan. It’s intuitive, user-friendly and besides being highly secure, it’s a good fit for both small and medium-sized companies, individuals, start-ups and all kinds of businesses. While there is plenty of e-signature software out there, signNow stands out due to its well thought-out tools, well designed and user-friendly interface and it’s multi-platform, so there’s no need to compromise on anything.Disclaimer: I am part of Kdan’s team, and my answers might be a bit biased.