Release highlights


Embedded AI Across the Suite

Generative AI powers NetSuite Text Enhance to assist with creating and refining contextual and personalized content. AI predictive algorithms in NetSuite Planning and Budgeting make it easy to uncover trends, anomalies, and correlations. Additional invoice data captured by NetSuite Bill Capture improves matching intelligence to create more accurate vendor bills. Leverage prebuilt AI/ML models in NetSuite Analytics Warehouse to predict business outcomes and uncover insights.

Optimize Business Performance

NetSuite Enterprise Performance Management increases productivity and visibility by bringing together financial processes from across the business with a connected set of solutions. Speed up the close with NetSuite Account Reconciliation and NetSuite Close Management, improve planning with NetSuite Planning and Budgeting and NetSuite Profitability and Cost Management Reporting, and streamline reporting with NetSuite Corporate Tax and Narrative Reporting solutions.

Boost Field Service Efficiency

NetSuite Field Service Management helps field service companies increase efficiency and customer satisfaction while cutting operational costs. The drag-and-drop schedule board provides a clear view of your team’s availability, letting you make informed decisions about scheduling and dispatching. Centrally manage customer assets and inventory. The mobile app gives field technicians access to the information they need from anywhere, eliminating calls back to the office.

Release process


New features and functionality are released automatically to all NetSuite accounts twice a year — and most of them are free. Check out how the update process works.

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Resources

Release Notes

Your ultimate guide to understanding what features are in the release and how they work.

NetSuite 2024.1 Release Notes(opens in a new tab)
(NetSuite login required)

Release Preview Account

Guide to help you get the most out of your Release Preview test account, including sample test plan templates.

Release Preview Guide(opens in a new tab)
(NetSuite login required)

New Features Overview Webinar

View this webinar to hear about the new features.

View On-Demand(opens in a new tab)

Release Readiness Webinar

View this webinar and get tips on how to prepare for your account update.

View On-Demand(opens in a new tab)

Podcast

Hear conversations from NetSuite product experts as they go deep into details on key features and enhancements in NetSuite 2024 Release 1.

Tune in on Spotify(opens in a new tab), YouTube(opens in a new tab), and Apple Podcasts(opens in a new tab).

Feature overview


Embedded AI Across the Suite

  • NetSuite Text Enhance embeds generative AI in numerous tasks across the suite to draft personalized, contextual content using relevant NetSuite data. Employees can then assess and revise that first draft content, speeding up their work.
  • Enhancements to NetSuite Bill Capture allow additional invoice data to be captured. Providing the AI engine with more data makes it less likely that bill creation fails or that a bill needs edits.
  • The new Intelligent Performance Management feature in NetSuite Planning and Budgeting uses predictive algorithms powered by machine learning to continuously monitor and analyze plans, forecasts, and variances.

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Smart Financials and Operational Excellence

  • Helping increase business visibility, enhance decision-making, and improve efficiency, NetSuite Enterprise Performance Management provides a set of finance solutions that connects financial and operational planning, automates account reconciliation, streamlines close processes, and enhances tax and narrative reporting.
  • NetSuite Benchmark 360 helps organizations analyze key operational and financial metrics and understand how they are performing compared to similar organizations in their industry and region.
  • The NetSuite E- Invoicing SuiteApp connects to national, international, and government e-invoicing platforms directly from within NetSuite, helping customers meet global e-invoicing mandates.
  • NetSuite Analytics Warehouse adds faster, more secure access with single sign-on, allowing users to log into NetSuite or NetSuite Analytics Warehouse with one set of login credentials.

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Create and Deliver Products and Services

  • NetSuite Field Service Management helps organizations improve the efficiency of field service operations by simplifying scheduling and dispatch, automating inventory and customer asset management, and increasing visibility into real-time data.
  • Additional configurability across NetSuite SCM Mobile apps—including Warehouse Management System, Ship Central, Manufacturing Mobile, and Quality Management—lets businesses tailor the applications to how they work.
  • With NetSuite WMS companies that use wave picking can now let pickers ship an order after picking one wave rather than waiting to ship it until all waves have been completed.
  • Sales reps and managers can now find the lowest-cost shipping option that meets their needs for sales and transfer orders in NetSuite Ship Central.
  • Manufacturers can more accurately calculate the amount of time and labor it takes to complete a work order and identify bottlenecks on the shop floor with the ability to start, stop, pause, and restart each step in the process in the Manufacturing Mobile app.
  • You can now schedule and complete inspections for items with no inventory quantity in NetSuite Quality Management.

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Acquire and Grow Customers

  • NetSuite restaurant and hospitality customers that use Simphony POS can now easily integrate with NetSuite by using the NetSuite Connector for Simphony.
  • NetSuite CPQ now allows reps and customers to select SuiteBilling subscriptions when creating configurations.
  • New capabilities in SuiteBilling streamline selling and billing of physical products and related subscriptions together.

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Platform Development Made Easy

  • REST records are now generally available, allowing you to securely integrate external systems and applications with NetSuite.
  • SuiteCloud Developer Network (SDN) partners now have the option to define customer-facing Terms of Service for their commercial SuiteApps available in the in-product marketplace.
  • This first limited-access version of single-page application (SPA) functionality will be made available to a select number of SDN partners by request only.

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Learn how NetSuite can help you get ready for this release.

Contact My Account Manager(opens in a new tab)