Innovations and updates across the suite give customers the
insight and control to increase productivity, enhance
profitability, and drive growth
LAS
VEGAS, Sept 28, 2022 /PRNewswire/ -- SUITEWORLD
2022 -- Oracle NetSuite today announced a series of new product
innovations to help organizations run more efficiently and increase
the bottom line. The latest NetSuite innovations include an AP
(accounts payable) automation solution that can increase the
accuracy and speed of processing bills and making payments; a new
CPQ (configure, price, quote) solution that helps accelerate and
simplify the sales process; a new workforce management solution
that can streamline scheduling, time tracking, and wage
calculations; and a new shipping solution that helps bring added
efficiency to warehouse operations.
In addition, NetSuite has introduced new automation and
analytics. These can give organizations the insights and control to
increase productivity and profitability by enhancing the financial,
inventory management, manufacturing, and project management
functionality within NetSuite.
"With an economy in transition, businesses can look to the
certainty of data to find new paths to profitability and growth,"
said Evan Goldberg, founder and EVP,
Oracle NetSuite. "To help our customers do this, we continue to
extend the capabilities of NetSuite. The latest updates span
everything from financial management to HR to sales processes.
They're designed to help our customers run their business in a
better way and support their growth journeys."
NetSuite has introduced new solutions to address the
time-consuming and labor-intensive accounts payable (AP) process,
grow sales, deliver a seamless buying experience for customers,
improve the efficiency of warehouse operations, and adapt staffing
quickly to changing business needs.
- NetSuite AP Automation: A solution that helps customers
improve efficiency by making it easier and faster to process bills
and pay vendors all from within NetSuite. To learn more about
NetSuite AP Automation, please visit: NetSuite Announces AP
Automation to Increase the Accuracy and Speed of Processing
Invoices and Making Payments.
- NetSuite CPQ: A solution that helps customers
enable sales teams to quickly configure, price, and quote (CPQ)
complex products with complete accuracy directly in NetSuite. To
learn more about NetSuite CPQ, please visit: NetSuite Introduces
Configure, Price, and Quote Solution to Help Organizations
Accelerate and Simplify the Sales Process.
- NetSuite Ship Central: A solution that helps customers
optimize fulfillment operations, eliminate manual processes, and
accelerate deliveries by empowering warehouse workers with packing
and shipping capabilities on a mobile or kiosk device. To learn
more about NetSuite Ship Central, please visit: NetSuite Launches
Ship Central to Help Organizations Improve Warehouse
Operations.
- NetSuite SuitePeople Workforce Management: A
solution that helps organizations balance labor costs and
profitability. The solution enhances employee engagement by
simplifying and automating routine tasks such as shift scheduling,
employee time tracking, and calculating wages. It can uniquely
provide recommendations on optimizing staff scheduling to help
organizations achieve business goals. To learn more about
SuitePeople Workforce Management, please visit: NetSuite Delivers
Workforce Management to Help Organizations Enhance Employee
Satisfaction and Efficiency.
- NetSuite Analytics Warehouse: The latest
enhancements enable customers to simplify data management,
accelerate time to insights, and provide access to more pre-built
third-party data integrations and industry-specific content.
NetSuite Analytics Warehouse is also now available to customers in
Australia and the United Kingdom. To learn more about NetSuite
Analytics Warehouse, please visit: NetSuite Enhances Analytics
Warehouse to Help Customers Maximize the Value of Data.
With new automation and analytics, organizations can enhance
efficiency and profitability by consolidating data, automating
tasks, improving inventory management, streamlining workflows, and
simplifying rebate and trade promotion program execution.
- Data Residency: New data centers built on Oracle Cloud
Infrastructure (OCI) help customers meet residency requirements and
reduce latency by bringing NetSuite and data closer to customers.
In the past year, NetSuite has opened 11 data centers in new
cities, including Amsterdam,
Newport, Osaka, San Jose, and Tokyo.
- Intercompany Netting: New intercompany netting
capabilities automatically book transactions across subsidiaries to
streamline the period close process.
- Inventory Management: Using NetSuite Warehouse
Management System (WMS) and NetSuite Smart Count, customers
can better manage inventory in unexpectedly empty bins in the
warehouse. Once the bin is marked as empty, an inventory count is
automatically triggered. And once the inventory is updated, the bin
is made available again.
- Mobile Manufacturing: The enhanced mobile application
for NetSuite Manufacturing streamlines work order flows and
validations, improves usability, and reduces data-entry
mistakes.
- Planning and Budgeting: New task management capabilities
in NetSuite Planning and Budgeting help customers execute more
efficiently and accurately by increasing visibility, automating
tasks, and automatically recording activities related to those
tasks. The enhanced version builder for scenario planning makes it
faster to capture a range of budget or forecast scenarios to
quickly deal with change.
- Platform: New expansion of object support in
REST simplifies integration with other systems.
Meanwhile, Visual Studio enhancements for object management and
project validation boost developer productivity. SuiteCloud
developers can also enjoy a more modern development experience with
the Graal runtime environment and the latest ECMAScript language
features within SuiteScript 2.1.
- Quality Management: New quality management functionality
delivers more flexibility by allowing unplanned, ad hoc inspections
that enable companies to drive higher quality across their product
lines.
- Rebates and Trade Promotions: New rebate and trade
promotion management capabilities help save time and increase
efficiency by automating the creation, execution, accrual, and
reconciliation of vendor and customer rebate programs.
Get all the latest updates from SuiteWorld by registering for
SuiteWorld On Air: netsuitesuiteworld.com/onair.
By registering, attendees will have access to keynotes,
sessions, demos, and NetSuite's two-day live broadcast,
NetSuite TV. Learn more about how organizations
are leveraging the power of NetSuite to increase efficiency,
improve productivity, and grow profitability.
Contact Info
Amanda Parmer
Oracle
amanda.parmer@oracle.com
+1.775-224-6280
Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations
grow, scale, and adapt to change. NetSuite provides an integrated
system that includes financials / Enterprise Resource Planning
(ERP), inventory management, HR, professional services automation,
and omnichannel commerce, used by more than 32,000 customers in 217
countries and dependent territories.
Learn more at https://www.netsuite.com. Like us on Facebook, and
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Corporation.
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SOURCE Oracle NetSuite