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Advanced SaaS Metrics SuiteApp

Background The Advanced SaaS Metrics SuiteApp lets you analyze recurring revenue for Contract-based and Software as a Service (SaaS) businesses. The SuiteApp creates Contract transaction records from sales orders, invoices or CSV imports (from 3rd party systems) and then processes them for viewing as metrics on the dashboard. The different metrics available on the dashboard … Continued

Integration via Workato – Integrate all your data from SalesForce to NetSuite

Background In most of the NetSuite implementations we perform at Novutech, there’s always the part of the integration with other software applications. These integrations can be done in multiple ways. From a semi-manual process loading data files, to building point-to-point interfaces, to implementing an iPaas. This article will tackle the integration via Workato, a market … Continued

Company Cars follow-up in NetSuite using Custom Segment & Custom Record

Background NetSuite lets you create Custom Segments which are custom classification fields similar to Class, Department or Location, the out-of-the-box dimensions included in every NetSuite instance. These standard and custom dimensions are used as financial segmentation, to generate Financial or Management Reporting (vs Statutory). To complete this comprehensive set of benefits and offer even more … Continued

NetSuite Release 2023.2 Overview

Background As you may know, the new release 2023.2 came out just recently and the NetSuite environment has been upgraded in the course of September. With this short article, we are providing a sneak peek into the new features that we think will be the most interesting ones. Finance &  Accounting Discover a bunch of … Continued

Proactive Cash Management with NetSuite Bridge Kyriba

Background Kyriba is a global leader in treasury finance solutions. Kyriba’s SaaS platform enables CFOs and finance teams to optimize their corporate treasury functions by delivering fully integrated cash, treasury, payment, risk management and supply chain finance solutions. NetSuite ERP customers will enjoy maximum benefits when using a 100% integrated NetSuite-Kyriba solution to deliver Proactive … Continued

Enhancing Tax Functionality in NetSuite with the SuiteTax Engine

Background SuiteTax is a tax management engine within NetSuite that helps businesses to determine and calculate tax, taking into account the country and jurisdiction (nexus) of the transactions. It offers a range of features to improve NetSuite’s tax capabilities, including support for multiple tax codes and rates, the ability to handle tax exemptions and exclusions, … Continued

Advanced Localization Features – The new face of transaction’s layouts by NetSuite

Background Transactions layouts of any type are necessary for a company. Every company has their own, customized layout. Recently, NetSuite released a bundle named Advanced Localization Features (ALF), which offers the opportunity to have top notch Invoice/Credit-Note’s layouts by default which is a game changer.  Prerequisites The Advanced Localization Features bundle has for id : … Continued

A more versatile Dunning solution for NetSuite

Background NetSuite is a great product and has a lot of native solutions to both common and advanced business needs. With some things though, the native solution is just not the right fit. Therefore, we developed a dunning solution with capabilities fit for the specialized needs of our customers. We already have a great bundle … Continued

What Is NetSuite and How Does It Work?

In the late 1990s, “cloud” was not a word most people associated with technology. It was certainly not recognized as the future of software. But a few visionaries saw the benefits and tremendous potential of delivering software over the internet. One of them, Oracle co-founder Larry Ellison, convinced entrepreneur Evan Goldberg of the promise of … Continued