NetSuite Professional Services Automation (PSA)

What is NetSuite Professional Services Automation?

NetSuite SuiteProjects and SuiteProjects Pro are comprehensive professional services automation (PSA) solutions that brings together all the components that a project-based services organization needs to run their business. It supports the entire project delivery lifecycle with a powerful cloud-based suite. Stop relying on spreadsheets and disconnected systems to plan and track project activities and manage resources. Gain real-time visibility and anytime, anywhere access to the information and tools you need to delight clients and ensure profitability.

What is NetSuite SuiteProjects? (Video)

From start to finish, run great projects

Deliver Projects on Time and Within Budget

Deliver Profitable Projects on Time

Support your entire services organization with real-time visibility and anytime, anywhere access to the tools and reporting information you need. Easily see project portfolio health and resource utilization and gain better insights to project billing and expenses.

NetSuite gave us the ability to have not only the SuiteProjects module but also a manufacturing module, all live in one ERP.

Ryan Winton
Business Analyst, Oakhurst Signs

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NetSuite Professional Services Automation Benefits

Unified Solution. NetSuite’s PSA capabilities combined with financials, CRM and HR provides a complete solution for any services business.
Optimize Resource Management. Manage and deploy resources to projects according to job needs, employee skills, experience, and availability.
On-Time Project Delivery. Collaborate on decisions using real-time, data-driven information to maintain accurate and current statuses.
Accurate Project Financials. Automate revenue calculations and allocations, recognize revenue separate from project billing to support profitability and ensure financial compliance.
Anytime, Anywhere Access. As a cloud solution, access anytime, anywhere. The purpose-built mobile app allows users to stay informed with project status updates and capture detailed time and expense information.

NetSuite Professional Services Automation Features

Gain complete visibility into — and control over — your entire services business, in real-time, from the moment a new opportunity is identified through project delivery, invoicing and revenue recognition.

Project Accounting

Connecting project activities with company financials ensures accurate accounting and billing throughout the project lifecycle, streamlines time and expense management and provides extensive reporting capabilities. Recognize revenue separate from project billing to support exactly how organizations measure profitability and ensure compliance with financial standards. Track detailed cost budgets and set budget forecasts to track actuals, comparing different scenarios to allow on the go visibility to financial performance.

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Project Management

Project managers and team members can easily collaborate and maintain current and accurate project status from a centralized location at all times. That allows managers to proactively identify and resolve potential issues before they affect customers.

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Resource Management

Increase resource utilization and manage and deploy resources to projects based on employee’s skills, interests, experience, and availability. Make sure that the right resources are working on the right projects, based on a real-time project timeline, and as the project evolves.

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Timesheet Management

Customizable timesheets enable users to quickly and easily capture detailed records of hours worked, whether users are in the office or on the road.

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Expense Management

Automate and improve productivity, enable better tracking and compliance and maximize the accuracy and timeliness of expense reporting including expense reporting, submission, approval processes, while integrating project accounting and invoicing.

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Project Reporting and Analytics

Full featured, robust reporting and analytical tools deliver on-demand, real-time data, enabling you to monitor, report on and analyze overall project performance in real-time from one central location.

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Project Budget Management

Track detailed project cost budgets on a project-by-project basis. Set initial forecasts and then track actuals, comparing different scenarios for on-the-go visibility into financial performance.

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Challenges Professional Services Automation Solves

Multiple Solutions to Manage Projects and Billing. Aggregate your data in one solution for a unified view of financials, resources, and projects to support entire bid-to-bill process.
Poor Visibility into Profitability. Aggregate project and financial data in one place for a complete view of financials, resources and projects.
Manual Tracking. Time and expenses are automatically applied against projects.
Reactive Resourcing. With optimized reporting and a repository of staffing information, assign the right resource to the right job to avoid rebooking resources and misaligned skill sets.
Complicated Revenue Tracking. Automate billing and revenue recognition that seamlessly integrates with financials to track revenue streams and maintain profitability.

Faster Time to Value

NetSuite has packaged the experience gained from tens of thousands of worldwide deployments over two decades into a set of leading practices. These practices pave a clear path to success and are proven to deliver rapid business value and get you live on NetSuite in a predictable timeframe. Intelligent, stepped implementations begin with sales and span the entire customer lifecycle, so there’s continuity from sales to services to support.

How Much Does NetSuite Professional Services Automation Cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules and number of users. There is also a one-time implementation fee for initial set up. As your business grows, you can easily activate new modules and add users — that’s the beauty of cloud software.

SuiteProjects and SuiteProjects Pro are available as an add-on module.

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