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Articles by Scott Wiltshire
Why inventory discipline is becoming a competitive edge for Australian manufacturers
Stock image. Image credit: Visual Generation/stock.adobe.com Article By Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ Manufacturers across Australia are investing in AI, but its value depends on the quality of the operational data behind it. For example, the National AI Centre found that 43 per cent of Australian SMEs had adopted AI between December 2025 and February 2026, yet confidence and trust remain low. For manufacturers, that gap often comes down to inventory.
Governed choice: the key to scaling AI safely in Australian business Original
Australian businesses do not have an AI ambition problem. They have an execution problem. Increasingly, that challenge comes down to choice: giving teams access to the AI tools that fit their work, without adding more risk, cost, and complexity. For many organisations, especially in the mid-market, the AI tools are spreading faster than the rules around them. The result is familiar: promising pilots, scattered tools, and limited business impact.
Five key challenges Australian CFOs will face by 2026 Original
The CFO role is being reshaped as organisations contend with increasing complexity and accelerating change. According to Deloitte's latest CFO Sentiment Report more than 80% of CFOs cite cost control and operational efficiency as top priorities, underscoring the pressure to deliver results while continuing to support growth, transformation and talent development.
How AI is rewriting the value equation for accountants Original
AI is reshaping accounting faster than many expected. According to CPA Australia, nearly every business is experimenting with AI, with accounting and finance teams using it for data analytics, forecasting, and insights. Amid ongoing economic volatility, the benefits AI provides - from speed and accuracy to complex financial analysis - become even more valuable. AI has the potential to reshape an accountant's role, from bookkeeper to strategic advisor.
How finance leaders can harness AI to thrive Original
Finance chiefs across the nation are steering their businesses through choppy waters - from higher interest rates and unpredictable customer habits to ongoing supply chain headaches. Today's finance head is expected to go beyond balancing the books. They're now a key player in driving performance, sparking innovation, and finding fresh ways to grow. The job has become more data-driven than ever, and many are turning to tools that deliver speed, accuracy, and deeper insight.
3 tips for implementing AI in finance
The headlines are full of how artificial intelligence (AI) will revolutionise every industry, every company and every job role – and finance is no exception. With huge productivity gains to be made, businesses need to begin their AI journey as soon as possible. Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ shares three tips to help finance functions embrace AI for long-term success: AI’s role isn’t to take over financial planning.
Top three strategies to build a strong business
Australian businesses are facing a downpour of economic challenges, with inflation and uncertainty clouding the horizon. This has business leaders scrambling to increase the resilience and agility of their operations. Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ explains the top three strategies to get your business ship-shape. Just like a homeowner prepares their roof before heavy rainfall, businesses need to take proactive steps now.
How retailers can manage the metrics that matter
In the hyper-competitive retail industry simply having a good product or catchy slogan isn’t enough. Retailers must become masters of execution. Every step, from meticulously planning for customer demand to ensuring a smooth supply chain, has become vital to staying competitive. For those who stumble, the consequences can be swift and unforgiving. Brands that are getting it right can’t afford to rest on their laurels – staying ahead is a multifaceted challenge. How do retail leaders further optimise?
Strategy, teamwork, mindset: What businesses can learn from the sports playbook
Sports fans are being spoiled this year, with the Euro 2024 football championship kicking off and the Paris Olympics shortly after. As a business leader there are so many lessons we can take from the field to the boardroom, writes Scott Wiltshire, vice president and general manager ANZ, Oracle NetSuite. The right strategy and preparation are key to both sport and business.
Four ways automation can simplify tax time
Tax season is a busy time of year for small businesses, especially given that there is a skills shortage in the industry. Without adequate resources, the end of the financial year can easily become a time of stress and long hours — an undesirable predicament for employees who may already feel stretched for time, writes Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ.
Top 3 attributes of a successful family business
Optimism is an important trait when it comes to running a successful family business, and Australian family businesses are well known for their positive attitude, writes Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ. In fact, business consultancy PwC’s most recent Global Family Business Survey found that 85 per cent of Australian family-owned businesses expected growth over the next two years – a full 10 per cent higher than the global average.
Three tips to improve your cash flow right now
Unexpected shifts in how the market is doing can reduce buyer demand, which can mean less money coming in for a business. This can be a problem even for businesses that usually make a lot of money, because when they’re growing quickly, they often have to spend more money too, and this impacts cash flow, explains Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ.
How Aussie family businesses are building resilience and adaptability
One thing Australian family-owned businesses have in common is resilience. Often thriving across multiple generations, successful family-owned businesses have proven they can not only weather challenges but come out stronger on the other side, writes Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ. With that being said, leaders of businesses (big and small) will have to work smarter than ever to achieve their goals and remain resilient in 2024.
How to successfully create multiple revenue streams
Most jobs limit the amount of money that can be earned. Unless your compensation package has some type of commission or bonus, the money provided by a job is either based upon the time you put in or it is capped by a set salary. Whatever amount of money that your job currently provides, is it enough for you? Or are you someone who always desires more? If you are anything like me, you always desire more, writes business mentor Gary Douglas.
Creatives: The obstacle is the way...
If you’re a graphic designer, copywriter, or creative type (as non-creatives like to call us) I’ll bet good money you had a conversation this year that went like this: “Have you seen ChatGPT/Midjourney/Generative AI platform? It does what you do in like, five seconds!”, explains copywriter Tom Valcanis. Gritting our teeth and smiling politely, we nod and reply, “I have! That’s so interesting.” The curses reserved for them; you hide beneath your tongue.
How to navigate business in 2024
The new year reinvigorates business owners to review business goals and set their objectives for the year ahead, writes Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ. The key to turning 2024 challenges into opportunities is preparation.
How to navigate business in 2024
The new year reinvigorates business leaders to review business goals and set their objectives for the year ahead, writes Scott Wiltshire, vice president and general manager, Oracle NetSuite ANZ. The key to turning 2024 challenges into opportunities is preparation.
How cloud technology smashed business barriers to entry
We recently hosted our annual user conference, SuiteWorld, in Las Vegas, where we celebrated NetSuite’s 25th year in business. This remarkable milestone brought me to reflect on the extraordinary evolution of business and technology over that period, writes Scott Wiltshire, Vice President and General Manager, Oracle NetSuite, ANZ. NetSuite was founded as the first cloud company in 1998, just prior to the dotcom bubble, and almost 10 years before the release of the first iPhone.
Do you want to be a better leader? Try these three things
Leading a business is not easy. To inspire teams and grow in today’s volatile market, business leaders need to step outside the day-to-day motions of running a company and embrace out-of-the-box thinking, Scott Wiltshire, Vice President and General Manager, Oracle NetSuite, ANZ. Not every entrepreneur starts a business to become a leader, and many are forced to acquire new leadership skills as the business grows.
Preparing for a prosperous - and productive - holiday period
The extended holiday season – from Black Friday through to Boxing Day – presents more sales opportunities than any other time of the year. Especially this year, the Black Friday-Cyber Monday (BFCM) weekend is expected to set records again as consumers in Australia look for discounts that can offset the rising cost of living, writes Scott Wiltshire – GM, Oracle NetSuite ANZ.
How to spring clean for a more resilient business
With some experts predicting a period of slower growth for the Australian economy, many businesses are bracing for a decline in consumer spending. Whether they experience a decrease in demand for products and services or not, Australian businesses should look for every opportunity to maintain profitability and growth, writes Scott Wiltshire – GM, Oracle NetSuite ANZ. A ‘spring clean’ can ensure businesses are ready for what comes next.
flexible work and automation key to retain talent
The Great Resignation is far from over, according to new data from the ABS which indicates that job mobility is still at a 10-year high. Separate research by NAB confirms that nearly a quarter of Australian workers are looking to leave their job in the next year, so what are the best tactics to ensure you can retain your staff? asks Scott Wiltshire – GM, Oracle NetSuite ANZ. A desire for flexibility and more purposeful work are among the reasons that Australians are considering leaving their jobs.
Unlock the potential of processes and people with automated year-end close
End of financial year (EOFY) is an important, yet often stressful time for businesses. The struggle to finalise all financial reporting, compliance, inventory, budgeting and planning tasks before June 30 puts teams under immense pressure, which increases the chance of errors and ultimately affects efficiency and productivity, says Scott Wiltshire, GM, Oracle NetSuite ANZ.
How to use your data to manage business risk
Bold decision-making is vital for businesses looking to capitalise on opportunities and manage risk. However, for the best chance of success, decisions need to be justified and supported by data, says Scott Wiltshire, general manager, Oracle NetSuite ANZ. Leaders who make bold decisions stay ahead of their peers as this approach can improve the ability to respond to market conditions quickly.
How to measure business success: It’s all about metrics
Operational metrics and key performance indicators (KPIs) are two distinct measures that play a vital role in business success. Simply put, KPIs track long-term business goals while metrics track the progress of different measures implemented to achieve those goals, writes Scott Wiltshire, General Manager, Oracle NetSuite ANZ. Together, these measures provide a short and long-term view of business performance and enable better decision-making.
How to use rolling forecasts to continuously adapt and predict results
To adapt to any economy, businesses can adopt rolling forecasts to better monitor performance and improve decision-making, writes Scott Wiltshire, GM, Oracle NetSuite ANZ. Rolling forecasts is a framework that allows for the continuous updating of financials based on actual results and current market conditions. For example, if the forecast period lasts for 12 months, as each month ends, another month will be added. This way, business leaders are always forecasting 12 months into the future.
How to strengthen your business to survive rising inflation
It is possible to survive and thrive during difficult economic times. Businesses can take steps to get ahead during a slow-growth recovery and be ready to succeed when good times return, writes Scott Wiltshire, GM, Oracle NetSuite ANZ. In Australia, while some economists are optimistic that the country may escape an extended economic downturn in the coming year, inflation is expected to impact the costs of living and doing business.
5 ways to safeguard your business for 2023
Annual financial planning is an essential part of running a successful business as it provides insight into where money is coming from and going out and what needs to be done to hit critical goals, writes Scott Wiltshire, GM, Oracle NetSuite ANZ.
Rising costs? Here's how inventory management can help
With rising inflation, businesses are finding new ways to manage the impact of higher costs for goods, services, and staff. More than ever, leaders need to closely monitor their inventory management to minimise unnecessary costs and maximise efficiency. The primary purpose of inventory management is to ensure there are enough goods or materials to meet demand without creating excess stock, which leads to higher expenses.
Three ways to achieve business success in 2023
With 2023 upon us, what can we expect from the year ahead and how can business owners prepare for what’s to come? Scott Wiltshire, Senior Director ANZ, at Oracle NetSuite shares his tips for success in the coming year. Businesses have had to weather many challenges in the past year – from increased commodity prices and inflation to interest rate hikes and talent shortages. So it makes sense that many business owners are looking for ways to reduce operating costs and find new paths to profitability.
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