What Are NetSuite Modules?
Why Choose NetSuite:
As an alliance NetSuite partner, we have developed extensive expertise in all facets of the NetSuite ecosystem. We understand the complexities involved in a NetSuite implementation and can help guide you through the entire implementation process – from hashing out requirements and planning, right through to the actual deployment. And with our NetSuite development capabilities, we can even assist with any customization requirements that you may have, after deployment.
Our NetSuite Implementation Process:
Our implementation methodology combines best practices from our own implementation experiences as well as NetSuite’s recommended guide. We work with our clients to create a detailed implementation plan and the timeline for the project, by identifying the business requirements, potential risks, use cases, compliance requirements, etc. so we can implement your NetSuite solution with minimal disruption
1) Planning 2) GAP Analysis 3) Solution Designing 4) Data Migrations 5) Customizations 6) Integrations
7) End-user Training & Testing 8) Super User Training 9) Go Live 10) Support
Process
Finance:
The financial management module can automate tasks related to billing, vendor payments, cash management, and account reconciliation, helping the accounting department close the books in a timely manner and comply with current revenue recognition standards. It also has the data that financial planning and analysis employees need to prepare key reports, including profit and loss (P&L) statements and board reports, and run scenario plans.
Financial Management Modules:
Procurement :
NetSuite Procurement helps companies buy goods and services at the best price and in a timely manner by channeling purchase orders to approved suppliers and pre-negotiated contracts. Save time and money by centrally managing vendors and the procurement process. Improve visibility by generating real-time views into company spend and vendor performance, and enable clear communication throughout the procure-to-pay process. All procurement-related information — from transactions and records to vendor performance and expenditures by department — is consolidated in the procurement dashboard.
Manufacturing:
The manufacturing module helps manufacturers plan production and make sure they have everything they need for planned production runs, like raw materials and machinery capacity. During the manufacturing process, it can update the status of goods-in-progress and help companies track actual output against forecasted production. It also provides a real-time picture of the shop floor, capturing information on items in progress and finished goods. It can calculate the average time to produce an item and then compare supply with forecasted demand to plan adequate production.
Production Management Modules
Inventory Management:
NetSuite Inventory Management provides a single, real-time view of inventory across all locations and sales channels, allowing businesses to reduce inventory on hand to free up cash while avoiding stockouts. By optimizing inventory levels and ensuring product availability across multiple channels, NetSuite Inventory Management helps businesses keep inventory costs low while exceeding customer expectations.
Order Management:
NetSuite Order Management automates and manages the life cycle of an order — from the moment a customer places an order to delivery to post-sales service. It ensures accurate recordkeeping, covering order capture and validation, order release, shipment confirmation, customer communication, and settlement. NetSuite Order Management also supports complex processes such as split shipments and drop shipping. By tracking and managing the flow of information across all of your fulfillment locations and providers, NetSuite Order Management ensures orders move quickly and efficiently. When fulfillment problems arise, you can quickly resolve them and minimize delays.
Order Management Module:
Warehouse Management
NetSuite Warehouse Management System (WMS) optimizes day-to-day warehouse operations using industry-leading practices, such as mobile RF barcode scanning, defined strategies for put away and picking, task management, return authorization receipts, and cycle count plans. With hundreds or even thousands of SKUs to handle, often across multiple locations, warehouse management can quickly become a manual, chaotic, and inefficient process if you're relying on spreadsheets — or worse, pen and paper. NetSuite WMS eliminates manual processes, allowing you to minimize handling costs, run your warehouses more efficiently, and consistently meet customer expectations.
Warehouse & Fulfillment Module
Supply Chain Management
NetSuite supply chain management solutions enable companies to oversee the flow of goods from suppliers through manufacturing and into customers' hands. Keep production running smoothly by ensuring all materials are available and in the correct locations, and accurately schedule machinery and labor resources. NetSuite procurement capabilities communicate with suppliers and ensure accuracy throughout the purchasing process. Then, integrated demand planning, inventory management, and predictive analytics optimize production strategies, work orders, and routing to ensure supply plans are executed and products are delivered as promised
Supply Chain Management Module
Customer Relationship Management (CRM):
NetSuite’s Customer Relationship Management (CRM) solution helps companies manage interactions with current and potential customers, partners, and suppliers in a single place. With all the capabilities of a traditional CRM solution, such as sales force automation (SFA), customer service management, and marketing automation, plus the ability to manage quotes, commissions, sales forecasts, and partner relationships, NetSuite CRM provides a seamless flow of information across the entire customer lifecycle — from lead all the way through opportunity, order, fulfillment, renewal, upsell, cross-sell and support
Relationship Management (CRM) Module
Professional Services Automation:
NetSuite’s Professional Services Automation (PSA) solution, Suite Projects, provides a comprehensive, end-to-end PSA system that supports an entire services business with a single, cloud-based suite. From project and resource management to time and expense tracking, project accounting, and billing and invoicing, Suite Projects helps organizations complete projects quickly and profitably, generate invoices accurately and efficiently and shrink accounts receivable cycles.
Workforce Management
NetSuite’s Suite People human resource management solution provides a suite of capabilities that make HR service delivery easier and more efficient for everyone, across the organization. With a single tool to manage human resources, payroll, and financials, organizations can eliminate third-party integrations, improve data accuracy, create a more engaging workforce experience, and make better-informed decisions to tightly align workforce performance with business performance.
Ecommerce:
Used in over 217 countries and dependent territories, NetSuite One World enables companies to manage multiple subsidiaries, business units and legal entities from a single ERP. Support for 27 languages and 190 currencies makes it easy to work with customers and suppliers around the world, while country-specific configurations help ensure compliance with local accounting, tax and regulatory requirements. Get real-time visibility into operational and financial performance while standardizing core processes, managing risk, and controlling costs at all levels of the organization.
Marketing Automation:
NetSuite CRM marketing automation easily automates your entire marketing process. Tightly align campaigns and programs with your sales team. Generate highly qualified leads that are ready for sales engagement. Establish a framework to target, build, execute and measure the success of marketing campaigns — and take the complexity out of lead qualification and conversion. Track and measure a prospect's activity, identify when a lead meets known buyer-readiness conditions, and pass that lead to sales as soon as it meets your pre-defined criteria.
