NetSuite for Professional Services

Why NetSuite for Professional Services? 

• All NetSuite solutions run in the cloud

  Get easy access to real-time data and eliminating the need for costly on-premise hardware and software.

• Comprehensive Business Perspective

  Leverage unified view of all your company’s processes. With integrated financials, project management, resource allocation and time & expense tracking capabilities, you can manage your professional services business from end-to-end.

• Professional Services Automation

  Optimize resource utilization, streamline project management processes and increase visibility into project performance.

• Customer Relationship Management

  Manage customer interactions and relationships throughout the entire customer lifecycle. This includes lead management, opportunity tracking, sales forecasting, marketing automation and customer support.

What is NetSuite SRP (Services Resource Planning)?

NetSuite SRP is a comprehensive solution designed specifically for professional services firms. It combines the benefits of ERP (Enterprise Resource Planning) and PSA (Professional Services Automation) to provide a complete end-to-end solution for managing all aspects of your professional services business.

Key NetSuite Functionalities for the Professional Services Industry

• Project Management Tools: Comprehensive tools for planning, executing, and monitoring projects, including Gantt charts and project templates.
• Resource Allocation: Real-time tracking of resources, skills, and availability to optimize workforce management.
• Time and Expense Tracking: Efficient capture of billable hours and expenses, integrating seamlessly with invoicing processes.
• Financial Management: Robust financial management features including budgeting, forecasting, and revenue recognition.
• Customer Relationship Management (CRM): Tools for managing leads, opportunities, and client interactions throughout the customer lifecycle.
• Billing and Invoicing: Automated billing procedures to ensure accurate and timely invoicing based on hours worked and expenses incurred.
• Reporting and Analytics: Advanced reporting features and customizable dashboards for real-time visibility into project performance and financial health.
• Compliance Management: Tools to maintain adherence to industry regulations through audit trails and compliance reporting.
• Collaboration Tools: Integrated communication features to enhance collaboration among project teams and stakeholders.
• Custom Workflows: Ability to create tailored workflows that align with unique business processes and requirements.

Excelym’s experience in supporting the professional and field services industry

We have deep experience in implementing, customizing and supporting NetSuite for the services industry. And by services, we speak of it broadly to include not just professional services but other services-based industries such as regulatory data services and property management services.

NetSuite’s PSA (Professional Service Automation) and Service Resource Planning (SRP) are highly favored by your typical professional services organization like consulting, legal and accounting. But our experience in this field takes us even to the nuances of complex client hierarchies and complicated product matrices of the other services based organizations. We know first hand how to successfully deal with complex contracts and renewals , and the tracking of utilization and overages.  Our NetSuite Consultants are ready to help your business adapt to the NetSuite environment.