Small Business Blog

Posts Tagged ‘RealTime’

Masterseek has recently launched its long awaited real time business search. The new search function allows users to find all products and companies in the world in real time and instantly added to the Masterseek database.

The award-winning business search engine Masterseek is now faster, have more company data and fully customizable to your online business. Masterseek gives you a unique opportunity to showcase your company and its products to business professionals from all over the world. 

Masterseek Corp., one of the world’s largest business search engines, is about to offer more than 10% of its authorized stocks to a range of foreign investors. This was announced last Monday by Rasmus Refer, founder of Masterseek.

Masterseek is already in discussion with a number of strategic investors and Venture Capital companies, in advance of a public listing, which Rasmus Refer says will happen either at the end of this year or at the beginning of 2011

Masterseek is looking at quotation on Nasdaq or the London Stock Exchange.

“We offer more than 10% of our company in order to attract a strong partner,” Rasmus Refer said when asked about the size of their offering. “We hope it will happen, but, in the final analysis, it will be depend on the result of our negotiations.”

When asked about the timing of this prospectus, Rasmus Refer said, “We may have to wait until the end of this year or sometime next year. We need to wait for the right moment on the market.”

Masterseek had hoped for a quotation this year, but the management team has become more conservative, especially in regard to the timetable for a prospectus program that is expected to reach the m mark.

Still, there is no decision taken regarding how the stocks will be quoted, but everything points at Nasdaq or AIM in London.

Rasmus Refer is convinced that Masterseek will be in a position to compete with Google and Yahoo! in the field B2B searches. The latter have also begun to take a precise look at this area of business.

“We are fully prepared. We are confident about the development of our competitive skills. We offer a supplement to the major search engines. There are infinite opportunities to create a niche for ourselves in the market,” said Rasmus Refer.

http://www.masterseek.com

“Standard profit and loss statements provide historical data, but don’t allow executives to correct unfavorable trends, measure results of specific strategies, and/or reward outstanding performance,” says Michael Emaus, President and CEO of eEnterprise (www.eEnterprise.com), a global integrator of NetSuite, the world’s leading on-demand business management software. “A P&L is only a scorecard of what happened in the past. The actionable information is in the key performance indicators – the metrics of who is doing what with whom, when and how. This is what we call the 360-degree view of a business, department, and/or location.”

All too often, business teams are hamstrung because they receive untimely information that reports performance rather than actionable metrics. “In a variety of ways, these executives say the same thing: they get balance sheets and profit and loss statements, but they have no way of knowing what’s causing the numbers to trend up or down,” says Emaus. “Because they don’t know the cause of the trend, it is largely unknown whether to focus efforts on certain offices, targeted geographic locations, certain salespeople, specific products, or a particular type of client.”

“In today’s environment, the growth organization needs to think fast, move fast, and embrace change,” says Emaus. With the global economy pressuring the market to build virtual and instant locations, executives need accurate, real-time, standardized information that is accessible to all levels of management and key employees. “That actionable information is especially crucial for growing a business or a multi-location enterprise,” says Emaus, whose company integrates NetSuite for businesses of all sizes, particularly multi-location, global and/or franchise organizations. “Now we are talking about the NetSuite 360-degree view of a business, department, and/or location.”

NetSuite’s two primary advantages are ease of integration and information accessibility. NetSuite integrates its four major components – sales (CRM), back office (ERP), support, and eCommerce – and makes them accessible in one system via the Internet, offering a business owner no limits on growth, management, and reach. According to Emaus, “NetSuite provides a true single view of the customer – the lead, the prospect, the product or service, the invoice, and the support. So, when a salesperson needs a history of buying patterns, they see it in real-time. When someone from accounting wants to see which products or services have been invoiced, he or she can reference the same record as the salesperson. And, when the support staff needs to view the knowledge base, they can refer to the same record and attach alerts back to sales.”

Because NetSuite is an on-demand solution, it triggers positive payback by eliminating the restraints of the traditional client/server environment. The result enables users to access relevant and timely information from anywhere/anytime.

But Emaus emphasizes that the software alone isn’t enough. “Our customers generally understand immediately that an integrated, on-demand Software as a Solution (SaaS) requires business engineers who understand their industries and goals. It requires an understanding in business first, and technology second. Delivering 360-degree collaboration tailored around a variety of industries is the true differentiator for eEnterprise.”

Concludes Emaus, “Larry Ellison pioneered the Internet for the Enterprise. Now he and NetSuite are pioneering it for the SMB market. The Internet has been his baby, and for him to acknowledge that the Small-Medium Size Business (SMB) market is where the drive is tells me he hasn’t lost his game. We’re thankful for that.”