by Maria Hammadi | Feb 8, 2023 | NetSuite
The NetSuite 2023 Release 1 offers solutions for companies facing challenges of low employment, rising interest rates, and global uncertainty. SuitePeople Workforce Management offers benefits for finance, supervisors, and employees, including automated wage...
by Sebastian Pearson | Feb 4, 2023 | Artificial Intelligence (AI), NetSuite
Artificial Intelligence (AI) is being embedded in NetSuite in a variety of ways to improve efficiency and decision-making. Limited memory AI is being used to learn and streamline business processes. Three ways NetSuite is streamlining business processes are: Upsell...
by Aakash Shah | Feb 3, 2023 | NetSuite
My name is Aakash Shah, and I am a NetSuite consultant specializing in the Manufacturing and Wholesale Distribution spaces. I have recently been working with a client that distributes product that is manufactured overseas from their United States Headquarters. They...
by Bart Nachimow | Dec 14, 2022 | NetSuite
How recession-proof is your business? With all the tech layoffs making news headlines and rising interest rates, you may be worried about your customer base shrinking and your profits dwindling while your expenses skyrocket. The good news is that there are steps you...
by Linda Hefty | Dec 6, 2022 | Accounting/Finance, NetSuite
Year-end close can be a pretty daunting process; you have 12 months’ worth of financials to review, organize, analyze, and report on. While it may not seem like the most desirable process, year-end close is a vital part of ensuring your business’s activities are...
by Linda Hefty | Nov 21, 2022 | NetSuite
As a NetSuite consultant, I often get asked about allocating expenditures across departments based on employee headcounts. The easiest way to do this is to use the statistical account feature and then create a schedule to automate the statistical journal entry. To use...