NetSuite SRP

NetSuite Services Resource Planning (SRP) provides a comprehensive end-to-end SRP solution that supports and entire service business. From Customer Relationship Management (CRM) and Professional Services Automation (PSA), to accounting / Enterprise Resource Planning (ERP), NetSuite SRP supports the complete bid-to-bill lifecycle with a powerful Software-as-a-Service (SaaS) suits.  

NetSuite SRP supports the completed bid-to-bill lifecycle of a services company via its powerful cloud-based platform and delivered everything you need to manage your business, including project and resource management, timesheets, billing and invoicing, all consolidated into a simple, integrated cloud-based platform.

Why Choose NetSuite SRP?

NetSuite understands the unique requirements of running a service business. NetSuite SRP helps you complete projects more quickly, generate invoices accurately and efficient and decrease accounts receivable cycles so you can improve cash flow and eliminate revenue leakage. With NetSuite SRP you gain complete visibility into and control over your entire business, in real-time, from the instant a new opportunity is identified through to project delivery, invoicing and revenue recognition, all while eliminating double data entry, costly systems and integration management overhead.  

NetSuite SRP also empowers your employees and supports your mobile working strategy with anytime, anywhere access in the cloud, supporting users wherever they are – on the go, on site with clients or working remotely.  

NetSuite SRP allows you to:  

Streamline operations and drive profitability by optimising the entire services business lifecycle.

Faster project completion and better resource utilisation.

More accurate and efficient invoices.

Increase visibility across your business, including forecasts, resources, projects and KPIs.

Enable productivity with anytime, anywhere web and mobile access.

Gain real-time, global business management and financial consolidation.

“We chose Cooper Software because it is a local company with a proven record of implementing NetSuite. The fact that Cooper Software also uses NetSuite, and works in a similar project-focused business, using a lot of the same processes, gave us the confidence that they would effectively use their own experience to create a NetSuite solution that fits the needs of our business, particularly our multi-currently and country finance requirements and project management processes.”

GROUP FINANCE MANAGER, LTS INTERNATIONAL

Additional Modules

NetSuite Expense Management offers powerful functionality allowing you to improve productivity and the accuracy and timeliness of expense reporting.

In a billable services organisation, expense management is critical. To maximise the accuracy and timeliness of expense reporting and overall expense management, this process should be as easy and flexible as possible for users and connect directly with project management and project accounting.

NetSuite Expense Management offers powerful features that improve productivity, enable better tracking and compliance, maximise the accuracy and timeliness of expense reporting and enhance the overall experience.

NetSuite SRP enables your project managers and team members to collaborate on projects and maintain current and accurate project status at all times.

NetSuite’s project management solution enables project managers and team members to collaborate on projects and maintain current and accurate project status at all times, allowing managers to proactively identify and resolve potential issues with each engagement.

With NetSuite’s cloud-based solution, stakeholders can see, monitor and manage project status anytime, anywhere. By delivering complete visibility and control, NetSuite’s project management solution gives you real-time access to all of your project information. The result is a significantly improved project completion record, more satisfied clients and reduced non-billable work.

In a services organisation, expense management is critical. NetSuite Expense Management offers powerful features that improve your expense reporting and overall operations.

Finance teams can quickly become overwhelmed with multiple revenue streams, one-off and recurring revenue, customised payment terms and project-based billing. The result is often billing errors, wasted effort, revenue recognition issues and even customer attrition.

NetSuite’s invoicing software turns your billing management process into a competitive asset by completely integrating it into your business. You can adapt NetSuite billing management software to your company’s specific needs, helping you reduce billing errors and improve customer satisfaction.

Features:

Flexible Billing Scheduling
Automate invoice creation by calculating sales tax, finance charges and discounts based on payment terms – either on a one-time or recurring basis.

Integrated Process Workflow
From quote to order to bill, manage the entire process with transaction creation and routing capabilities in a single solution.

With NetSuite SRP, users can quickly and easily capture detailed timesheets, whether in the office or remotely.

When it comes to timesheet management, you need to make it simple and easy for employees to enter hours worked and supporting timesheet information. The more manageable the process, the more likely timesheets will be accurate and entered on time.

With NetSuite, users can quickly and easily capture detailed timesheets, whether in the office or on the road. NetSuite timesheet management allows mapping of timesheet entry and approvals to your unique business requirements – ensuring you capture the right information the first time, every time.

Connect project activities with company financials, whilst maintaining accurate accounting and billing throughout project lifecycles, and streamlines time and expense management.

Maintaining tight control over the strategic direction of your projects, supporting resources effectively and ensuring that projects are completed on time and within budget are critical components to maximise service delivery performance and profitability.  

NetSuite Project Accounting connects project activities with company financials, helps ensure accurate accounting and billing throughout project lifecycles, and streamlines time and expense management and provides extensive reporting capabilities.

NetSuite Project Accounting is integrated with the general ledger, accounts payable, accounts receivable, sales orders, purchase orders, inventory management and the employee portal. 

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