Resources
Explore the latest activities around Novutech, Netsuite, ERP and business.
NetSuite and its Benefits
Broad ERP/Tech
June 10 2021
If you follow us, or if you browsed our website, you know that we are focused 100% on NetSuite. So why did we choose NetSuite, and why should your company choose it? Here are some elements that will shed some light on NetSuite’s best features and how they will help your business grow. What’s NetSuite? … Continued
Advanced Numbering
NetSuite articles
June 08 2021
A few weeks ago we were sharing with you 5 of the most exciting features of NetSuite’s Release 2021.1. Today, let’s dive deeper into the new advanced numbering functionality, which already proves to be a favourite of our customer’s! This enhancement enables NetSuite users to create flexible document and transaction numbering rules, which is especially … Continued
UnifiedPost Group, the Belgian Fintech Success Story
Customer use case
May 05 2021
UnifiedPost Group is a Belgian Fintech company providing cloud-based digital solutions to customers in 23 countries, helping them connect to each other and exchange documents or funds. In 2018, facing a quick international expansion, UnifiedPost implemented NetSuite as part of their digital development strategy, with the clear objective of tackling the more and more complex … Continued
Fixed Assets Management : Asset Transfer
NetSuite articles
April 27 2021
Background The Fixed Asset Management SuiteApp is a popular bundle and one of the most frequently used add-on features that offers NetSuite users the ability to efficiently manage their Fixed Assets through different transactions and reports. The asset transfer, which is one of the transactions available in the application, allows you to maintain some specific … Continued
Item Substitution
NetSuite articles
April 09 2021
Background If you are a company selling goods, you might have several similar inventory items that can be substituted with one another. With NetSuite, you can set up your items to link them to their substitutes, which will allow you to replace backordered items on your sales orders with other similar items that you have … Continued
Discover our customer, Actito
Customer use case
April 04 2021
WHO IS ACTITO We are pleased to announce the successful go-live of the NetSuite SuiteSuccess Financials First at ACTITO, a SaaS marketing automation company founded back in 2000. ACTITO offers a suite of relationship marketing tools to create a meaningful dialogue with prospects and clients. Thanks to its Relationship Marketing Portal, ACTITO offers the possibility … Continued
Time to reflect! Novutech and the COVID-19
Novutech culture
March 24 2021
One year… It has been one year already since our lives have been dramatically impacted by the COVID-19 crisis. After more than a year since the first lockdown in Belgium and now that we can finally see the light at the end of the tunnel, we believe it was the right time for Novutech to … Continued
NetSuite Release 2021.1 Overview
NetSuite articles
March 17 2021
Background We are well into 2021 and NetSuite users will soon discover the new features included in the first release of the year. As part of their goal to consistently optimize their customers’ business operations and further automate their financial processes, NetSuite left nothing to chance and carried out a wide variety of improvements ranging … Continued
Tax Number Validation by VIES
NetSuite articles
March 04 2021
Background How can I know if my European customer has a valid VAT number? This is a question you might ask yourself a lot, and it is an important one, too! Indeed, in order to correctly invoice your customers and comply with the European legislation, you need to make sure that their tax registration number … Continued
Intercompany Project Management - Novutech Custom Solution
NetSuite articles
January 28 2021
Background Project management is at the core of many companies’ business processes. Although NetSuite’s project management module offers a comprehensive set of features that help users have an extensive view on their projects and the related profitability, some companies need a bit of customization to have their most specific needs met. In the case covered … Continued
Amortize Charges with Item Receipts - Novutech Custom Solution
NetSuite articles
January 21 2021
Background Being active in sectors such as services and softwares, we are often faced with revenue recognition challenges. Although NetSuite’s revenue recognition module allows us to design highly adjustable and complex revenue flows, it can get far more difficult when it comes to creating a flexible process for amortizing charges. In the case of our … Continued
Enhance the Standard Expensify Connector to NetSuite with Tax Automation
NetSuite articles
October 28 2020
Background One of our customers recently asked us to connect Expensify, the world’s leading application for expense management, receipt scanning, and business travel with NetSuite. We decided to deploy the standard and free Expensify to NetSuite Connector. Nevertheless, we rapidly realized that integrating seamlessly Expensify and NetSuite when it comes to taxes was a challenge. … Continued
