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NetSuite: a Worldwide Leader in SaaS and Cloud-Enabled Midmarket Finance and Accounting Apps

Netsuite articles

June 10 2020

ICT industry’s premier vendor assessment tool ICT MarketScape recently published a report assessing the market for SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications, and a clear leader stands out: NetSuite. The report, which assesses each services provider’s ability to meet the need of modern and fast-growing companies to emerge in an ever-evolving world, clearly … Continued
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Reporting: Allocate a GL Account to multiple Report Categories based on Department

Netsuite articles

May 20 2020

Background We were recently tasked with building a report based not only on the GL account but also on the department of the transactions booked on it. More precisely our client wanted to be able to generate an Income Statement using three main categories. Some GL accounts were mapped with a category in a one-to-one … Continued
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Novutech est certifié Chèque-Entreprises!

Novutech culture

May 11 2020

Novutech est reconnu comme prestataire officiel de la Région Wallonne dans le cadre des Chèques Entreprises, et plus précisément dans toutes les matières qui traitent du numérique. Grâce à cela et via son organisme Digital Wallonia, la Région octroie des chèques entreprises aux PME Wallonnes qui utilisent des prestataires labellisés, permettant ainsi une participation jusqu’à … Continued
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Novutech Custom Dunning Solution

Netsuite articles

May 05 2020

Background When it comes to Accounts Receivable management, many of our clients show interest in a dunning process to track their overdue balances and send collection letters to their customers. Indeed, dunning is typically a tedious, yet essential, part of any business and a fully automated and streamlined collection process can be valued highly by … Continued
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Generate Payment Advice for Suppliers

Netsuite articles

April 21 2020

Background  One of our customers recently asked us to streamline their vendor payment process. As part of the vendor payment process, they wanted to have the possibility to justify any payment sent to a supplier by providing an overview of bills, bill credits and any other transactions in NetSuite applied to this payment. Functionalities In … Continued
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Automate business processes with payment hold and simple saved searches used in scheduled workflows

Netsuite articles

April 04 2020

Background  One of our customers recently asked us to streamline their vendor payment process. Active in the SaaS industry and relying on a network of partners to implement their platforms on their behalf, they wanted to make sure any partner payment (that the partner was entitled to get after a customer platform implementation) would not … Continued
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SuiteApprovals SuiteApp (NetSuite 19.2)

Netsuite articles

March 06 2020

Approval flows are an integral part of many business processes and most companies require very specific approval routes based on complex rules. Facing the heavy process of customizing these approval flows on a regular basis within complex workflows in NetSuite, we decided to give the SuiteApprovals SuiteApp a try. Here’s our quick review. Functionalities SuiteApprovals … Continued
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Professional Services Companies: NetSuite 2020 Release 1 Helps Firms Thrive in a Time of Change

Netsuite articles

February 03 2020

Posted by Adam Mayo, Master Industry Principal, Services From globalization and automation to the way services are billed, professional services firms are forced to adapt to a fast-evolving marketplace. And with an expected compound annual growth rate of more than 10% over the next decade, it’s in their best interest to go along for the … Continued
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NetSuite 2019 Release 2 Brings Business Impact in a Big Way

Netsuite articles

August 07 2019

Posted by Peter Fung, Senior Director Product Management ERP, Oracle NetSuite The beginning of summer brings more than picnics in the park, big action movies and family vacations. It also brings a hotly-awaited NetSuite product release, and this year’s NetSuite 2019 Release 2 is a barbecue, blockbuster and trip to Disneyland all rolled into one. … Continued
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