Resources
Explore the latest activities around Novutech, Netsuite, ERP and business.
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
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
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
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
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
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
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
