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NetSuite FAQs

ERP Buddies is here to answer your burning NetSuite questions.
Our podcasts, webinars and other video graphic content is an amazing way to get yourself acquainted with NetSuite ERP
However, for any specific query don’t hesitate to contact us.

NetSuite’s Accounting solution sports robust functionalities which couples core finances & accounting with proper compliance management. Functions include, but are not limited to – Financial Accounting, Payments Management, Financial Reporting, Order Management, Billing, Supply Chain / Inventory management and more.

Noteworthy Features:

  • General Ledger
  • AR / AP
  • Assets Management
NetSuite has developed a specialized suite: NetSuite OneWorld to help manage the multi-national finances and operations of a global business. NetSuite OneWorld delivers real-time data and operates on a single unified data system which is much-needed when companies need to manage multi-subsidiary / multinational operations from a specific country. Features include:
  • Global ERP
  • Global CRM
  • Globad Ecommerce
  • Global SRP
  • International taxation compliance and more

NetSuite’s WMS module is a one-stop shop to optimize warehouse functions. It’s Equipped with complex features such as task management, user defined pick /put away strategies, cycle counting, kitting or work orders among more. You can couple these native functions with NetSuite to optimize your inventory management functions for increasing labor productivity and reducing overall costs.

Key Benefits:

  • Integrated barcoding Suggested Putaway
  • Multi-level Order Picking

 

NetSuite can help to create, release, update & monitor work orders throughout the production cycle, including the ability to manage, control & track batches on-demand.

Managing global supply chain operations means running them across multiple continents and time zones. NetSuite’s unique Supply Chain Management capabilities ensure all systems are interconnected while staying compliant with local regulations. Features include, but are not limited to:
  • Supply chain snapshot
  • NetSuite WMS
  • Inventory management
  • Automatic Location Assignment
  • Cross-Subsidiary Fulfillment
  • Inbound shipping management & more
NetSuite can improve order management process by automatically transitioning orders to shipping, logistics and even Accounts Receivables. For the ease of management, NetSuite also supports multi-step picking, packing and shipping while providing real-time visibility into the entire order management process with information such as order trends, order conversion rates etc. When it comes to shipping the final order, NetSuite makes it easy by integrating your shipping process with carriers like Fed-Ex or UPS.

NetSuite can help by providing detailed metrics, real-time transactions, optimizations to aid the Food & Beverage WMS processes. NetSuite handheld scanners can also prove to be a major aspect of your Food & Beverage WMS processes.

NetSuite can provide real-time updates from your shop floor with NetSuite’s user-friendly mobile and tablet application. Some of the functions include: Barcoding, managing digital work orders, inventory check & more.
NetSuite’s manufacturing module provides real-time data at every step of the production process. From sales order to work order processing, order fulfillment, costing etc. NetSuite’s Production Control Module does it all! Some features include:
  • Product data management
  • Quality assurance
  • Work Order management
  • MES
  • Planning & Scheduling

NetSuite’s order management capabilities help to eliminate the manual workload to create a smooth business flow that spans across creating a sales quote to order fulfillment to timely submission of invoices. NetSuite’s order management essentially integrates the sales, finances & fulfillment teams to provide a full picture of the process.

Features include:

  • Product Pricing, Promotions & Discounts
  • Sales order Management
  • Returns & Refund Management

ERP Buddies has created a specialized solution for the Solar industry called as SuiteSolar.

Features include:

  • Financial Management
  • Contract tracking
  • Vendor & Supplier self serving portals
  • Integrated budgeting & accounting system
  • Revenue management
  • Supply chain management & more
NetSuite for Retailers provides an omni-channel experience to customers across web, mobile, in-store to enhance the buying experience. Product features include, but not limited to:
  • In-store POS management
  • Ecommerce management
  • CRM & Marketing
  • Order Management & Fulfillment
  • Business intelligence & reporting
  • SCM
  • Accounting & Financial Management

NetSuite provides a comprehensive and modern restaurant management software that can be used by franchisors, owners and staff as needed.

Some of the main product features for the Hospitality industry would be:

  • Accounting
  • Procurement
  • Restaurant inventory management
  • CRM & Marketing
  • Fixed Asset Management
  • Franchise Management

RF-SMART does not require NetSuite modules; however it’s needed to have a corresponding inventory or manufacturing functionality enabled in NetSuite.

As an example: You need NetSuite Work Order for RF-SMART Assembly Builds. You cant do RF-SMART Assembly Builds without Native NetSuite that offers simple inventory management capabilities through multi-location inventory, bin tracking and cycle counting.

The WMS module offers additional functionality to streamline your warehouse operations using industry leading practices, such as mobile RF barcode scanning, strategy definition for put-away and picking, task management, returns authorization receipt and cycle count plans.

NetSuite WMS optimizes day-to-day warehouse operations, allowing you to more efficiently run your warehouse and minimize handling costs.

NetSuite offers simple inventory management capabilities through their multi-location, inventory, bin and cycle counting. However, NetSuite’s WMS module offers additional functionalities with industry leading practices like mobile RF barcode scanning, task management, returns authorizations, receipt & cycle counting plans.