NetSuite PSA and SRP
NetSuite's #1 Professional Service Automation solutions will help you manage the complete Bid-to-Bill process of your business. The PSA is designed in the cloud from the ground up, so the solutions are simple to implement and easy to maintain.
NetSuite's total, integrated PSA solution includes:
Key Benefits of NetSuite PSA
Delivers real-time visibility into your services organization’s performance and profitability.
Improves on-time project delivery and drives project success rates.
Increases resource utilization with advanced resource management functionality.
Equips your services team with mobile access to time and expense management.
Reduces hardware maintenance costs and upgrade hassles with cloud-based delivery.
Key Benefits of NetSuite OpenAir
Optimize Resource Management
Drag-and-drop resource management allows managers to quickly assign the right resource with the best costs to deliver projects on time and improve margins.
Project Financial Management
Connect project activities with company financials to ensure accurate accounting and billing throughout the project lifecycle.
Track Skills and Availability
Increase resource utilization and manage and deploy resources to projects based on employee’s skills, interests, experience and availability.
Deliver Projects on Time and Within Budget
Project managers and team members can collaborate on projects and maintain current and accurate project status at all times, allowing managers to proactively identify and resolve potential threats and gain accurate insights into expenses.
Real-Time, Shared Visibility into All Resources.
Increase utilization and reduce reliance on subcontractors by easily identifying and assigning consultants who are on the bench or on another team.
Recognize revenue separate from project billing to support exactly how your organization measures profitability and ensure compliance with financial standards
NetSuite OpenAir is proven to quickly drive tangible results—increasing resource utilization, project margins and on time project delivery while driving down IT costs, decreasing project accounting and overhead and expediting billing cycles. NetSuite OpenAir helps improve invoicing accuracy, streamline revenue recognition and increase visibility into your services organization.
Running a mobile service organization?
OpenAir empowers your organization with anytime, anywhere access in the cloud, supporting users wherever they work-on the go, at client services, or remotely.
Running a global service business?
With OpenAir, you can find the right resource for each and every project. Regardless of their physical location, you can easily bill their time in the project currency while accounting for the hours in the resource’s local currency—all from a single system.
PSA vs. OpenAir
NetSuite provides professional service automation capabilities in both its native applications and with OpenAir. This reviews PSA/PPM (professional services automation/project portfolio management) requirements and should help you identify which prospects benefit most from which product. It compares NetSuite, the capabilities in add-on modules that relate to PSA, and OpenAir. Download the chart to help you position the products correctly.
NetSuite Service Resource Planning
NetSuite provides a comprehensive, end-to-end Services Resource Planning (SRP) solution that will support all aspects of your service business. From Customer Relationship Management (CRM) and Professional Services Automation (PSA), to accounting/Enterprise Resource Planning (ERP), NetSuite SRP supports the complete bid-to-bill lifecycle with a powerful Software-as-a-Service (SaaS) suite.
Key Benefits of SRP
Streamline operations and drive profitability by optimizing the entire services business lifecycle.
Faster project completion, better resource utilization, more accurate and efficient invoices.
Increase visibility across your business, including forecasts, resources, projects and KPIs.
Support the way your services teams work and enable productivity with anytime, anywhere web and mobile access.
Gain real-time, global business management and financial consolidation.
Why does your company need SRP?
NetSuite SRP helps you complete projects more quickly, generate invoices accurately and efficiently, and decrease accounts receivable cycles. With SRP, your business can improve cash flow and eliminate revenue leakage. You gain complete visibility into and control over the entire business—in real-time, from the moment a new opportunity is identified through to project delivery, invoicing and revenue recognition, all while eliminating double entry and costly systems and integrations management overhead.
NetSuite SRP's functionality includes:
Resource management and forecasting for complete visibility into resource utilization.
Collaborative project management to proactively identify and resolve issues.
Powerful billing rules engine to support complex client billing. Turn information into insight with at-a-glance KPIs and better project monitoring capabilities.
Sophisticated project accounting.
Project costing, budgeting and profitability reporting for determining your true cost of doing business.
Simple and easy timesheet management, directly integrated with project management and billing.
Easy and flexible expense management to maximize accuracy and timelines.
Powerful, intuitive, configurable dashboards and key metrics reporting.
Download the Free Whitepaper
NetSuite SRP: Support a Complete Services Lifecycle From Bid to BillDownload Whitepaper
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