A Sneak Peak into NetSuite ERP Software

 Acclaimed as the world’s most deployed cloud ERP solution, NetSuite ERP systems has driven exceptional business transformation across all the verticals. This cloud-native software solution helps companies, of all sizes, to streamline key processes and scale with greater efficiency. With a robust NetSuite ERP Implementation, one can manage finance, revenue, inventory, order, and more with a simple point-and-click experience.

 Let’s take a look at the salient features of NetSuite ERP

 

·        Financial Management

Whether you pick NetSuite ERP in India or other regions, it allows you to unify financial management and planning with built-in business intelligence.

 Order Management

Extensive features can be availed at premium NetSuite ERP Price, where accelerating the order-to-cash process goes smooth without a hitch.

Production Management

You can take your products to market efficiently with NetSuite ERP Systems offering inventive production management with real-time visibility.

 Supply Chain and Warehouse

This cloud-native solution allows you to execute supply chain management plans as well as end-to-end inventory from a single, collaborative platform.

For more details on NetSuite ERP in India, send an email at info@netsuiteexpert.in

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How Does NetSuite SuiteSuccess Help You Go Live In 100 Days?

 

Major drawbacks associated with ERP implementation include amount of time required in implementation and costs. Most ERP consulting firms focus heavily on delivering fully customized solution to their clients. This requires multiple round of discovery and build which lead to budget overruns and scope creep.  Designed for small and medium sized businesses, NetSuite SuiteSuccess Starter Edition is a strategic response to the aches and pains of lengthy implementations.Built on accumulated knowledge of countless successful ERP implementations, SuiteSuccess accelerates ROI while reducing overall business risk often involved with technology projects. On average, businesses that use this proven framework go live on NetSuite in 100 -140 days.

Top features of NetSuite SuiteSuccess

1.       SuiteSuccess accelerates your organization’s return on investment by providing pre-configured roles for CEO, CFO, Controller, Finance Executive, Administrator &Sales Executive to ensure rapid adoption and quick speed of implementation.

2.       Comes packed with pre-configured KPIs, workflows, reminders, reports and value-driven dashboards, SuiteSuccess can be implemented in phases. With this, you can get key departments such as your Accounting and Warehouse departments up-and-running in no time at all.

3.       NetSuite SuiteSuccess Starter Edition delivers 95+ pre-built reports and pre-configured roles with dashboards and business intelligence metrics developed from real-world use.

4.       With SuiteSuccess, your employees need to work smarter, not harder.A task that used to take an employee’s full day to complete, can now be done in only a few hours.

5.       You can have 55% reduction in time to close, 60% improvement on invoicing and 75% reduction on time spent in creating reports. So, you will have a serious return on investment.

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Drive Manufacturing Excellence with NetSuite Advanced Manufacturing

 As a single, integrated cloud solution, NetSuite Advanced Manufacturing replaces disconnected systems to offer comprehensive functionality, enabling manufacturers of all sizes to reduce operating costs, increase revenue and better manage their business and supply chain processes overall. NetSuite Advanced Manufacturing further ensures that manufacturing processes are connected to financial reports, inventory management and outstanding orders in real-time.

Key Features of NetSuite Advanced Manufacturing

1.       Leveraging Advanced Planning and Scheduling capabilities, NetSuite Advanced Manufacturing ensures that customers effectively plan their shop floor, improve capacity and resource utilization, &culminating in lower operating costs.

2.       With deep industry functionality such as parameterized configuration options by location, configurable work order completion logic, and enhanced data collection, NetSuite enables Discrete/Assembly Manufacturers to run core business operations seamlessly.

3.       Comprehensive Manufacturing Work Bench Record includes: enhanced operations routings, primary and alternate finite planning parameters, labour requirements and detailed work instructions.

4.       NetSuite Advanced Manufacturing includes all the functionality outlined for discrete manufacturing as well as an expanded Manufacturing Work Bench Record Structure to include: alternate assets, co-products, and detailed work instructions for Recipe/Formulation management.

5.       Integrated bar code scanning and wireless tablet functionality is available for real-time Manufacturing Execution System (MES) reporting

NetSuite Advanced Manufacturing Module includes

Work Orders	Assembly Builds	Backflushing
Outsourced Manufacturing	Work Center Management	WIP Tracking
Routing Definition and Labor Costing	Infinite Capacity Scheduling	Gantt View with Drag-and-Drop
Finite Capacity Scheduling	Rough Cut Capacity Planning	Manufacturing Execution
Advanced WO Management & Control	Batch Management & Control

 

 

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Timesheet Management In Netsuite Openair – All You Need To Know

As #1cloud professional services automation (PSA) solution, NetSuite OpenAir helps you in resource management, project management, time and expense tracking, project accounting and advanced billing and invoicing. In this blog, we are discussing Timesheet Management. Since management of timesheet is an important aspect of your business, NetSuite OpenAir makes it easy for users to know what they need to track and where and to automate approvals accordingly. Users can quickly and easily capture detailed timesheets, whether in the office or on the roadusing a web browser, offline client or mobile device. Furthermore, you can map timesheet entry and approvals as per your unique business needs. Advanced time tracking in NetSuite for Professional Services tightly integrates with project management, enabling seamless time tracking by project, phase, task and more.

Key features of Timesheet Management in NetSuite OpenAir

• 1.   You can create timesheets from scratch or save time by duplicating previously entered timesheets.
• 2.       You can filter timesheets based on specific search criteria, or view timesheets by stages.
• 3.     You can also Customize time entry to meet business rules—require notes on time entries, flag time as billable or non-billable.
• 4.       Create timesheet rules, such as minimum or maximum daily values to reduce errors.
• 5.       Specify time types to provide additional granularity in reporting and tracking time.
• 6.       You can easily capture time spent on tasks and projects.
• 7.       You can define user and/or project level approvals for timesheets, including customizable multi-level processes, and generate alerts for overdue timesheets and/or approvals.
• 8.       Reject individual time entries and enable users to self-reject timesheets when needed.
• 9.       Enter time using iPhone or Android devices.

How can we help you?

If you need to discuss more about NetSuite OpenAir, feel free to contact us. We offer NetSuite professional services like licensing, implementation, integration, support & maintenance.

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Netsuite Oneworld – All You Need To Know

Available as an optional module of NetSuite ERP, NetSuite OneWorld enables organizations to manage multiple companies with potentially different currencies, taxation rules and reporting. OneWorld is perfect for enterprises that want to manage multi-subsidiary and multinational operations.It is sold primarily through a NetSuite Solution Provider Partner. NetSuite OneWorld comes with sophisticated accounting/ERP, e-commerce, sales, marketing, and support capabilities and supports regions, subsidiaries and separate legal entities that have the same parent company. NetSuite OneWorld consolidates multiple charts of account and delivers real-time visibility to organizations into their accounting activities.

Top features of NetSuite OneWorld

Global Accounting and Consolidation – With NetSuite OneWorld, businesses get the ability to execute true intercompany business in a configurable, secure, fully automated, accurate, compliant, real-time process across intercompany transactions and reconciliations. Robust financial reporting capabilities ensure that you can easily understand what is happening across the global business in real-time. Multi-language user-interface bridges communication barriers, enabling businesses to run their entire entity structure with ease.

Accounting Hub – This functionality helps you to handle specific transactions within a business entity. Information can be imported directly via CSV assigning information either at the transaction level or account level to the general ledger so that it that can be consolidated as part of the business entity’s overall financial statements.

Multi-Currency Management – OneWorld supports 190+ currencies & exchange rates while providing you with wide variety of payment options. Moreover, it also provides real-time currency conversion and financial consolidation for all your global operations.

Audit and Compliance Reporting – NetSuite OneWorld delivers always-on audit trail, built in analytics, access logs and workflow, and the ability to drill down to support both global standard and country-specific requirements. Access to NetSuite is based on users, roles and permissions.

Configurable Tax Engine - NetSuite OneWorld natively enables you to calculate taxes in real-time on sales and purchase transactions and cross border sales. OneWorld supports 100+ countries for taxes and reporting.

Concluding Remarks

Built to addresses the complex multinational and multi-company needs of organizations, NetSuite OneWorld enables businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up.

To know more about NetSuite Oneworld, send an email at info@netsuiteexpert.in

 

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