NetSuite SuiteProjects
A Professional Services Automation (PSA) Module
NetSuite SuiteProjects is a Professional Services Automation module built natively on top of NetSuite and provides businesses with services-specific features and capabilities, including project-based reporting and resource designation. The NetSuite SuiteProjects add-on module enables services businesses to manage their complete bid-to-bill process.
About NetSuite SuiteProjects
NetSuite SuiteProjects is a Professional Services Automation module built natively on top of NetSuite and provides businesses with services-specific features and capabilities, including project-based reporting and resource designation. SuiteProjects provides complete visibility into and control over your entire services business, enabling you to drive efficient resource utilization, complete projects more quickly, improve on-time project delivery, generate more accurate invoices, and expedite accounts receivable cycles.
Want more information on how NetSuite SuiteProjects can help you? Continue reading to learn more.
Key Benefits
- Connects project activities with company financials
- Extensive project profitability reporting
- Allows for flexible billing options through the project lifecycle
- Financial tools help improve cash flow, eliminate revenue leakage
- Enables faster project completion through optimizing staffing
- Gain a 360-degree view of projects and portfolio health
- Quickly identify and take action on projects needing attention
- Helps project managers achieve better resource utilization and elevates on-time project delivery
Key Features & Capabilities
- Monitor, report, and analyze project performance in real time
- Ensure that qualified resources are working on suitable projects
- Intuitive timesheets and expense reports
- Billing and invoice management automation for simple, complex, recurring, time and materials, and fixed fee contracts
- SuiteProjects' cloud-based system with anytime/anywhere web and mobile access
Project Management Tools
The value of SuiteProjects + NetSuite CRM
SuiteProjects' collaborative project management tools enable project managers and team members to maintain accurate project status at all times. Additionally, intuitive timesheets and expense reports would enable users to quickly and easily capture detailed time and expense information.
Robust reporting and analytical tools deliver on-demand, real-time data, enabling you to gain a 360-degree view of projects and portfolio health. Monitor, report, and analyze project performance in real time, enabling managers to identify and address potential issues proactively.
A seamless integration with CRM ensures your business operates on a single set of customer and project data. NetSuite CRM is the only CRM solution fully integrated with the back-office and project delivery. By integrating SuiteProjects project management tools with NetSuite CRM, you can eliminate manual data entry, streamline processes, and gain real-time visibility into the client lifecycle, from initial lead to project fulfillment.
HR & Resource Management
Leverage the power of SuiteProjects + SuitePeople
SuitePeople allows organizations to manage their HR and workforce, including payroll and compensation changes. Combining this functionality with the power of SuiteProjects unlocks additional capabilities, such as employee time-off requests that show the impact on project schedules. Additionally, businesses can effectively track employees' skill sets and availability for staff projects. These features help project managers schedule the optimal number of people for suitable projects at the correct times.
Financial Management, Forecasting, & Billing
SuiteProjects + NetSuite Advanced Revenue Management
Connecting project activities with company financials helps ensure accurate accounting and billing throughout the project lifecycle, streamlining time and expense management and providing thorough project profitability reporting. NetSuite Financials provides capabilities that integrate with your back-office, sales, and project delivery processes. In addition, NetSuite offers flexible billing options, including billing customers based on achieving project milestones or on a pre-established date schedule. Businesses with NetSuite Advanced Revenue Management can automate complex revenue calculations and support multiple revenue scenarios on a project-by-project basis.
Single Solution Business Management for Global Services Organizations
Leverage SuiteProjects + NetSuite OneWorld
SuiteProjects is a cloud-based system that empowers organizations with mobile services to support users when traveling, at client sites, or working remotely. Companies can combine SuiteProjects with the power of NetSuite OneWorld to manage multiple subsidiaries, business units, legal entities, billing rates in any currency, taxation rules, reporting requirements, and more. A connection between NetSuite SuiteProjects and NetSuite One World provides global services businesses with unrivaled real-time visibility, resource management, and operational control from a single system.
SuiteProjects FAQs
Yes! Anchor Group provides implementation services for NetSuite modules, including NetSuite SuiteProjects. Contact us to learn more about our NetSuite module implementation services.
Already using NetSuite but not ready to add this module?
Start improving your project management today with a simple, FREE tool by Anchor Group. The NetSuite Saved Search Progress Bar allows you to visually track progress toward a goal. You can even follow a step-by-step tutorial to set it up and customize it yourself, with no associated service fees.
Related NetSuite Solutions
If this module doesn't fit your needs, there are many other helpful solutions available through NetSuite: