ERP Features For Energy Companies

Financials

Real-time Financial Management in the Cloud

Comprehensive Finance and Accounting Software

Gain full visibility into your integrated financials with prebuilt, accounting-intelligent capabilities.
Securely and reliably accept and process electronic payments from your customers.
Easily track, manage and report the book value and depreciation of your company's fixed assets.
Close with confidence and report financials quickly and accurately.
Ensure proper security, support compliance and gain complete audit trail visibility.
Configure and monitor business processes and workflows.
Access immediate visibility into financial performance with pre-built or customised reports.

Business Impact

Real-Time Information and Insight

Improve business performance with timely metrics and role-based dashboards.

Close with Confidence

Accelerate the financial close while maintaining compliance with applicable accounting standards.

Streamline and Automate the Back Office

Eliminate errors with automated processes and reduce the reliance on manual spreadsheets.

NetSuite ERP

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Budgeting

Budget, Forecast and Manage

Financial Planning

Model and evaluate unlimited “what if” scenarios between actuals and projections and update forecasts as needed.
Establish rolling 12-month forecasts and analyse variance between actuals versus project results.
Create and consolidate driver-based plans with customised data entry sheets and reusable formulas and allocation methods.
Provide self-service and easy-to-use reporting across the organisation.

Business Impact

Reduce Planning Cycle Times

Collect inputs and assumptions, review iterations and present consolidated results in a timely manner.

Improve Decision Making

Drill across budget, forecast and actuals to see the impact on performance in real-time.

Align the Organisation

Centralise your budget with forecast and actual information in one place, providing a single version of the truth.

NetSuite Financial Planning

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CRM

Gain a true 360-degree view of your customers

Customer Relationship Management (CRM)

Manage the entire lead-to-cash cycle with a single unified set of tools.
Manage and cultivate important relationships with a 360-degree view of all customers, partners and prospects.
Expedite time to resolve customer complaints by assigning, managing, and routing customer support cases across multiple communications channels.
Plan, execute and measure personalised, multichannel marketing campaigns, from start to finish.
Organise and publish content easily, allowing your customers and service reps to quickly track down the information they need.
Provide your customers with highly personalised and interactive service on the portal—boosting customer satisfaction and retention.

Business Impact

Grow Customer Relationships

Grow revenue with a true 360-degree view of the customer, including sales, service cases and financial transactions.

Effective Account Management

Create a holistic view of all accounts and their contacts with related activities in a single view.

Improve Marketing ROI

Make more educated decisions about where to invest your marketing spend—targeting highest return marketing activities.

Get All the Details on NetSuite CRM

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Revenue

Report Revenue with Confidence and Accuracy

Revenue Management

Automate revenue recognition with intelligent capabilities to report financial results in accordance with local and global accounting standards.
Automatically generate and dispatch invoices at recurring intervals on time.
Schedule renewals automatically or set reminders in advance to capture upsell and cross-sell opportunities.
Package and offer the service you want based on the type of rates and duration needed.

Business Impact

Real-Time Information and Insight

Improve business performance with real-time access to revenue-related ending balances and revenue recognised.

Streamline the Process

Take control of recurring processes by automating billing cycles and renewal periods.

Align the Organisation

Unify all stakeholders with one system, from sales and service reps to finance managers and executives.

7 Signs You're on the Road to Real-Time ERP

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Inventory

Total Visibility and Control of the Supply Chain

Inventory Management and Supply Chain

Gain real-time, comprehensive visibility into key inventory control and supply chain management measures.
Streamline procurement processes using convenient online ordering and intelligent workflow routing.
Model how expected sales and purchase orders will impact inventory levels.
Self-service capabilities for partners, vendors and customers improve collaboration throughout the entire supply chain.

Business Impact

Run Lean Operations

Manage every step of the product lifecycle from factory to store with an integrated manufacturing and wholesale distribution solution.

Improve Vendor Relationships

Collaborate with suppliers, vendors and partners by providing self-serve access and real-time visibility.

Forecast with Confidence

Anticipate demand with better accuracy to maintain sufficient inventory levels.

How NetSuite Streamlines the Inventory Management Process

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Spend

Optimise Company Savings with Full Spend Visibility

Spend Management

Request approval to procure goods and services quickly and easily.
Optimise procurement for recurring needs with negotiated terms, tiered pricing, and pre-specified delivery schedules.
Establish budget and spend controls to enforce compliance with purchasing thresholds and policies.
From acquisition through payment, automate the complete procurement process for goods and services.
Accept a variety of credit and debit card types and other electronic forms of payment for online payment processing needs.
Maximise the accuracy and timeliness of your timesheet and expense processes with online self-service tools.
Gain real-time visibility into the spending trends across your organisation.

Business Impact

Control Spend

Automate the procure-to-pay process and drive greater spend visibility.

Ensure Compliance

Configure requirements, authorisations and approvals.

Engage Users

Help employees, suppliers and other users engage with the system via a simple, intuitive user interface.

Reporting

Real-time Business Intelligence

Reporting and Analytics

Ensure compliance and accommodate requirements with easy and timely customised reporting.
Build reports and dashboards that combine operational and financial data and KPIs.
Analyse statistical measures and results for each department, location, customer and more.
Gain real-time visibility for all key stakeholders, from high level summaries down to the underlying transactions.
Ensure compliance and minimise risk with robust security, segregation of duties and fully auditable business processes.

Business Impact

Real-Time Insight

Achieve real-time transparency into company performance across all business functions—from summary level to transaction level.

Single Version of the Truth

Gain a single version of the truth with all data residing in a single source.

Global

Global Business Management

NetSuite OneWorld

Adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and rollup.
Global CRM provides visibility into every aspect of your multinational organisation, even with multiple languages and currencies, including forecasts and campaigns.
Manage inventory and fulfilment across multiple locations.
Run multi-store / multi-country / multi-site ecommerce with country-specific web stores and websites managed from a single NetSuite account.

Business Impact

Drive Efficiencies

Manage your entire global operations on a single unified platform.

Fast Financial Close

Significantly reduce time to close with real-time management and financial automation capabilities.

Real-Time Visibility

Provide immediate and powerful insight across the hierarchy of subsidiaries with role-based dashboards.

NetSuite OneWorld

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