NetSuite SuiteProjects
NetSuite’s SuiteProject solution helps increase project profitability by tracking finances and progress in real time, and provides detailed analysis and reporting to proactively identify and manage potential issues.
Project-Based ERP
NetSuite’s solution is a fully integrated, cloud-based platform designed for project-based companies. It offers a comprehensive set of features tailored to the unique needs of product-based businesses.
ERP for Project-Based Operations
NetSuite SuiteProjects solution is a comprehensive, integrated platform designed specifically for project-based companies. It offers a full suite of features and functions, including all the tools a service-based business needs, all in a secure, cloud-based solution. From project and resource management to time and expense management, project accounting with approval-based automatic billing, NetSuite SuiteProjects helps companies complete projects faster and more profitably, and create accurate invoices more quickly, effectively reducing accounts receivable cycles.
NetSuite’s SuiteProjects for project-based operations includes key features such as project management, project planning, forecasting, resource management, time and expense management, automated billing, and advanced project accounting. These features facilitate effective team coordination, optimization of resource utilization, straightforward recording of time and expenses, and management of complex billing and revenue scenarios.
Industry-Specific Functionality
Project-based ERP is a vital tool for service organizations, which differ from product-based companies due to their reliance on people and intellectual capital. The key to profitability in these companies lies in delivering services efficiently. This requires financial and operational functionality tailored to effectively manage resources and staff projects.
Key Benefits of NetSuite SuiteProjects
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An Integrated Solution:
NetSuite’s SuiteProjects features and capabilities combined with Finance, CRM, and Procurement provide a fully integrated solution for all project-based businesses. This ensures that all stakeholders have access to the same data. -
Resource Management:
Analyze resource needs based on required skills. Assign the right resource to the right project at the right time for more efficient resource utilization. -
Improved Productivity and Collaboration:
Collaborate on the project using real-time data to maintain accurate and up-to-date project status. Use the mobile application for fast and efficient time and expense reporting. Identify and respond to variances faster to ensure on-time project delivery. -
Financial Tracking:
Automate invoicing with approval-based billing. Track profitability and compare forecasts to actual results in real time. -
Decision Support:
Dashboards with key KPIs and automated real-time reports enable faster decision-making.
Key Features SuiteProjects
SuiteProjects
Project Management:
Enables project managers and team members to collaborate on projects and keep project statuses current and accurate, allowing managers to proactively identify and resolve potential issues with each assignment.
Resource Management:
Project managers can optimize resource utilization and minimize idle time, while ensuring that the right skilled resources are assigned to the right projects.
Time and Expense Management:
Intuitive time and expense reports allow users to quickly and easily track detailed time and expenses, whether in the office or on the road.
Billing:
Automate simple service invoices as well as more complex recurring time and material-based invoices and fixed contracts. Flexible billing options based on project completion, milestones achieved, or a predetermined schedule.
Project Revenue:
Organizations with NetSuite Advanced Revenue Management can automate complex revenue calculations and allocations, supporting multiple revenue scenarios on a per project basis.
Project Accounting:
Linking project activities to corporate finances helps ensure accurate accounting and billing throughout the project lifecycle, streamlining time and expense management while providing comprehensive reporting on project profitability.
Analysis:
Powerful reporting and analysis tools, such as Project360, deliver the data you need in real time, providing a 360-degree view of the status of individual projects and project portfolios. Monitor, report and analyze overall project performance in real time to quickly identify and act on projects that need attention.
Financial Management
NetSuite offers a comprehensive financial module that is a core part of the ERP system. The financial module is designed to provide companies with detailed visibility and control. All transactions and reporting occur in real time within NetSuite.
For companies with international operations, the Financial module provides support for multiple currencies, tax management, intercompany transactions, and accounting standards, simplifying global financial management.
Customer Relationship Management (CRM)
Improves customer retention and business relationships. The application provides a range of customer management capabilities, including sales automation, marketing automation, customer service and support, and a detailed view of customer interactions.
Advanced analytics and reporting help companies understand customer behavior and needs at a deeper level. Always included with NetSuite - no separate license required.
About Oracle NetSuite
NetSuite has been a globally recognized leader in cloud-based ERP systems for more than 25 years. As part of Oracle, NetSuite is a stable and reliable partner for businesses around the world. More than 40,000 companies have chosen NetSuite, and more are discovering the benefits and reliability of this ERP.
NetSuite is designed to manage entire business operations in the cloud, which has been its foundation since its inception. This makes NetSuite the perfect ERP for companies looking to grow and become more efficient. With its scalability, NetSuite easily adapts to the needs of small businesses as well as large global enterprises.
Why choose xperitus
xperitus has extensive experience in implementing ERP systems. With our broad expertise across multiple companies and industries, we have developed a deep understanding of business operations that is essential to delivering system solutions that truly meet your needs.
We are committed to building and maintaining long-term relationships with our customers, and we aim to be your trusted partner, helping you every step of the way.
Key Benefits
Improved Profitability
Real-time Reporting
Full Overview
Simplified Planning
High Availability
Automation
Get In Touch
Feel free to contact us for more information about how our services and products can help your specific business.