NetSuite ERP capabilities

More efficient billing operations

SuiteBilling eliminates manual billing and supports subscription schemes from evergreen to traditional time-based terms. Changes to subscriptions, such as upsell, downsell, suspend and terminate, are easily managed, and revenue leakage is reduced via automated renewals. Schedule future-dated, real-time and back-dated invoices.

Offer flexible pricing

Support multiple pricing models, ranging from simple flat rates to complex volume and tiered scenarios with minimum and maximum thresholds. The NetSuite ERP rating engine allows a combination of one-time, recurring, and usage-based charges. Easily create subscriptions that capture setup fees, license counts, and consumption on a single invoice.

Global accounting and consolidation

Get an instant global view of the business with subsidiary specific drill-down allowing you to quickly understand what is going on anywhere in the world. Automatically post each transaction at the local and headquarters level, simplifying the process of generating consolidated financial statements.

Real-time currency conversion

More than 190 currencies and exchange rates are available with a wide variety of payment options, enabling you to do business with customers and suppliers globally. Gain broad insights by restating currencies and consolidating financial reporting across business units.

Optimize inventory levels

Demand-based planning using historical demand, sales forecasts and seasonality ensures you have the right amount of stock at the right time. NetSuite ERP capabilities include tracking inventory in multiple locations, determining reorder points, managing replenishment and optimizing safety stock.

Decrease cost of goods sold

Proactively monitor stock levels and sell through, transferring inventory between locations as necessary to ensure availability and minimize obsolete inventory. Predefine fulfillment rules to eliminate multiple shipments for a single order to avoid excess shipping charges.

Automate the entire order workflow

Keep track of customer interactions and get guidance on the best upsell, cross-sell, and renewal opportunities throughout your sales cycle. Log all inbound and outbound email messages and automatically log other interactions such as sales orders and quotes.

Centrally manage, control, and update pricing

NetSuite ERP capabilities include a single system to define and maintain multiple pricing strategies. Users can apply percentage or dollar increases or decreases, establish rounding rules, and offer discounts and promotions to help move excess stock.

Use the supply chain control tower

Forecast accurately using simulations for both inventory and assembly or bill of materials items. Using predictive risk tools, supply chain planners can gain a better understanding of what may impact future business processes.

Production capacity planning and scheduling

Arrange, control and optimize production over a fixed period of time. Allocate machine resources to efficiently complete work orders based on a sequence set up by the planner then evaluate production demand against resource availability to report work center percentage.

Improve inbound logistics

Coordinate efficient transportation, receipt, and storage of inbound inventory and manage everything from expediting outstanding orders to container management and scheduling specific receipt dates. Ensure deliveries are entered into inventory quickly and accurately by standardizing the put away process with predefined strategies.

Utilize mobile processing

NetSuite ERP capabilities feature mobile warehouse processing to improve inventory accuracy by reducing the time spent searching for and handling items. Mobile users are guided to complete tasks in the most efficient way possible from receiving and storing items to picking and shipping them.

Fulfill orders accurately and on time

Predefined rules automatically assign fulfillment locations based on your business guidelines, inventory availability and geographic location. Integrate with UPS, FedEx and USPS to ensure customers receive orders on time.