Granite Partners Gives Its 10 Businesses a Head Start on Success with NetSuite

The NetSuite Podcast

Learn how you can automate painful manual processes with NetSuite CPQ: https://bit.ly/3TIBfYT

Granite Partners founder and CEO Rick Bauerly joins Ian McCue, senior content marketing manager at NetSuite, to share his story of building an investment portfolio of 10 businesses worth nearly $1 billion. Bauerly breaks down how Granite evaluates potential investments (3:45) and reveals how personal experience sparked the idea for a different kind of investment firm (6:32). He digs into what creating value for all Granite shareholders looks like and how 100-year sustainability impacts every decision the holding group makes (9:47). The founder details the overarching strategy for managing a diverse group of Minnesota businesses (13:23) and where outdated, disconnected systems were holding the business back (17:21). That led Granite to search for a new solution in 2020, and Bauerly outlines what made NetSuite the right fit (20:42), telling the story of one business that eliminated barriers to growth by replacing Microsoft with NetSuite (24:31). He dives into what was previously a painstaking configure, price, and quote process for several companies (28:22) and how NetSuite CPQ has saved them time and money (29:35). He also shares how the system has greatly expanded Granite’s reporting capabilities (33:51) and boosted efficiency across manufacturing floors and warehouses (36:11). Bauerly closes by sharing his thoughts on how the current economic landscape affects Granite (37:55) and its vision for the future (39:48). Tune in to hear all that and more!

Like what you learned? Subscribe Now!

Follow Us Here:

Rick Bauerly: https://www.linkedin.com/in/rick-bauerly-2261571/

Granite Partners: https://granite.com/

Oracle NetSuite

LinkedIn: http://bit.ly/NetSuiteLI

Facebook: http://bit.ly/NetSuiteFB

Instagram: http://bit.ly/NetSuiteIG

Twitter: http://bit.ly/NetSuiteTW

#InvestmentFirm #FamilyBusiness #NetSuite #NetSuiteERP