NetSuite OpenAir
A leader in cloud professional services automation, NetSuite OpenAir can enhance efficiency and profitability without radical increase in IT costs. Any professional services organization, irrespective of size and type of business can adopt NetSuite OpenAir because it can be deftly integrated with the already-in-use ERP. It is designed specially for service based companies and product companies that have services department, with the objective of equipping them with advanced capabilities to handle core functions of their business operations.
The advantages professional services companies gain from NetSuite OpenAir is complete automation, visibility and more important, real time insights that helps in increase in profitability, resource optimization and the ability to make data driven business decisions.
A boon to global services businesses, NetSuite OpenAir helps identify the right resource for the said project, regardless of physical location; resource's time is billed in project currency and the hours accounted in local currency.
The integrated system of NetSuite Open Air offers many more such features:
Project Management: Highly efficient online project management capabilities help to improve ontime delivery and increase profitability. Project managers have real time visibility of clear constantly updated data that helps them plan, prioritize and prepare for opportunities that can aid increase in billing rate and price.
Timesheet & Expense Management: Swift and simple methods to create detailed timesheets at the desk or on the go on hand-held or any other device enables smooth tracking of time and task. The entire expense and the reimbursement cycle is managed in a way that employees can submit expense sheets from anywhere supported with photographs of receipts. The expense management feature is also integrated tightly with project accounting, expense allocation and foreign currency conversions.
Project Accounting: NetSuite OpenAir offers flexibility in project account that is critical to monitoring and management of project revenues while there is focus on timelines and budget. Ontime also applies in prompt billing to the client and OpenAir's powerful billing engine ensures this. Further, revenue is recognized appropriately due to the advanced revenue recognition functionality that helps in separation of various revenue types.
Professional Services Dashboards and Reporting: NetSuite OpenAir offers robust reporting and analytical tools which can be included across all modules to deliver data on demand. Easy configuration of dashboards with reports that provide access to critical information to concerned people helps in efficient project management. There is an additional feature of a provision to respond to adhoc queries without time lapse.
Integrate with Enterprise Systems: OpenAir integrates seamlessly with front-office and back-office operations. Thus an organization can enhance efficiency without compromising on existing business processes. The end to end solution reduces manual processes, enhances cash flow which results in comprehensive enhancement of efficiency and accuracy.
NetSuite Open Air's complete solutions is an offering that can turn around businesses by maintaining tight vigil over operations. An organization can manage business and thrive in global locations handling operations in multiple currencies and languages. As a business management software, NetSuite OpenAir is an ideal choice; it is competitive in terms of cost, can deliver error free and timely data, increase efficiency of operations and thus enhance profitability and capability of an organization.
