NetSuite for Professional Services: Resources, planning, and invoicing in one solution
Manage your entire project lifecycle with NetSuite— from resource planning and timesheets to automated billing and live financial reporting. Novutech’s expert consultants and accountants help professional service firms optimize utilization, streamline operations, and ensure compliant revenue recognition. Unlock efficiency and profitability with a tailored ERP solution.
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Novutech: A unique partner for Professional Service companies
Blending our background in enterprize-level organizations, with a scale-up attitude, and a strategically developed team of certified accountants and consultants across eight countries, we deliver a unique approach to optimize your operational delivery, billing, and reporting, developed from our experiences of more than 100 successful implementations and our own journey as a scaling, international services business.
Over +200 digital projects lead with success in Europe.
More than 250 satisfied customers worldwide.
100+ certifications in NetSuite, iPaaS, Salesforce, and Pigment.
A team of 55+ professionals in Belgium, France, the Netherlands, Denmark, and Germany.
Streamlined resource management & improved utilization
NetSuite combines a comprehensive resource database, an intuitive project planning interface, simplified timesheet entry and an automated billing engine, all in one market-leading solution. This eliminates complex spreadsheets and double entry, enabling you to plan, account for and invoice every task, stage and phase with precision, while freeing up your valuable resources to focus more on billable work.
However you plan and execute your projects, our expert consultants and qualified accountants can work with you to optimize everything from project structure to billable rates and utilization reports.
Project Planning
Automated Billing
Resource Optimization
Utilization Reports
Best-in-class core financials
NetSuite comes with a global chart of account across all your subsidiaries with country-specific views and local accounting context, which can be extended by an unlimited number of “custom segments”. This allows you to benefit from unlimited levels of reporting while maintaining a streamlined, scalable GL structure.
What's more, with customers in over 200 countries, NetSuite not only supports rapid international expansion: it can also drive it, including multi-level and multi-currency consolidation.
Flexibility to deliver any kind of project
Whether you deliver projects on a Time & Materials basis or fixed-bid, or you bill based on milestones, usage, or a combination of all the above at different times, NetSuite provides a single, workflow-driven interface which enables you to pre-configure project deliverables, billing, and revenue recognition.
Project accounting, billing and revenue recognition
By default, NetSuite's financial engine integrates planning, resource management and timesheets with a global chart of accounts structure, as well as project classification, unlimited custom segments and integrated workflows. This gives you all the tools you need to automate invoicing and monitor project income statements in real time.
Novutech's team of qualified accountants is ideally positioned to configure your financial structure to optimize billing and cash flow, while ensuring compliant reporting and revenue recognition.
Improved visibility and profitability
By unifying the management of each project function in NetSuite, you eliminate many common causes of delays and errors in the flow of project data. With all your data automatically updated in line with user activity, you can analyze project performance with real-time dashboards and reports.
This enables you to optimize utilization, billing and cash flow through improved planning, allocations and rates.
A partner who understands your world
While many software implementation partners can claim to be experienced service providers, few can really boast the growth, geographical presence or strategically developed team we have at Novutech. In just over five years, we've grown to more than 60 Novutechos in eight countries, and completed more than 100 projects in 20 regions.
Whatever your project, team structure or billing model, chances are we've already met similar challenges, whether in-house or on customer projects.