Maintaining tight control over the strategic direction of your projects, supporting resources effectively and ensuring that projects are completed on time and within budget are critical components to maximise service delivery performance and profitability.
NetSuite Project Accounting connects project activities with company financials, helps ensure accurate accounting and billing throughout project lifecycles, and streamlines time and expense management and provides extensive reporting capabilities.
NetSuite Project Accounting is integrated with the general ledger, accounts payable, accounts receivable, sales orders, purchase orders, inventory management and the employee portal
Automate project invoices, manage approvals based on customer or project with an end-to-end invoicing engine, view outstanding balance on an invoice in real time and integrate project accounting with general ledger.
Recognise revenue according to its unique schedule and guidelines, leverage revenue recognition that’s separate from project billing to support how your organisation measures profitability
Monitor and report on summary and detail project-level accounts including project profitability metrics and project budget versus actual in real time using easy-to-read graphs and reports.
Achieve complete visibility into resource utilisation, skills profiles, bookings and more.
Reduce dependence on resource management spreadsheets with real-time tracking of skills and availability and centralised, up-to-date, searchable resource profiles.
Robust utilisation reporting allows you to select the metrics that matter most-worked hours, allocated hours, assigned hours and more
Automate resource management requests and bookings with customisable workflows and optimise project teams using a single, global pool of resources.