Diving Into NetSuite Dashboards
Greetings from your NetSuite dashboard ??
When you log in, NetSuite greets you with a dashboard that provides a real-time view of your business. It shows critical financial and operational data appropriate to your role at a glance and all in one place. That’s the beauty of dashboards.
Here’s how to optimize yours.
Track those KPIs ??
KPIs track crucial performance metrics over time. NetSuite calculates 75 pre-defined KPIs, and you can create more as you need them. You can easily add KPIs to any dashboard to improve decision-making and increase business insights.
How to add a KPI:
You can add custom KPIs by using the Saved Search feature .
Make it custom ??
Custom KPI scorecards let you create virtually unlimited and customized date range values, plus they provide more in-depth trend analysis than standard KPI scorecards.
? Personalize it ?
Role-based dashboards boost productivity by displaying insights in the form of KPIs, reminders, tasks and visual report snapshots. Flexible drag-and-drop customization options further personalize the experience for each employee.
Adding more to NetSuite?
NetSuite is designed to be a one-stop shop for all the applications a business needs to operate. Many companies may start with ERP to manage financials and soon realize the benefits of managing other parts of their business such as HR, planning and budgeting and customer service activities with NetSuite.?
Three modules every business needs:
NetSuite Planning and Budgeting
Many organizations are forced to rely on stale, inaccurate data imported with spreadsheets to inform planning and budgeting cycles. Enter NetSuite Planning and Budgeting.
NetSuite Planning and Budgeting automates labor-intensive processes so finance teams can easily produce budgets and forecasts, model what-if scenarios and generate reports. With all the time saved ditching manual consolidation, troubleshooting, reporting and data loading, your finance staff can make a greater impact on the company’s financial position as they swap data entry tasks for strategic analysis.
The benefits of NetSuite Planning and Budgeting are multifold. Here’s what you can expect:
? Reduced planning cycle times: Templates and workflows make it easy to gather inputs and assumptions.
?? Accurate information: Pre-built synchronization with NetSuite ERP ensures real-time, accurate financial and operational data is used.
?? Organizational alignment: All stakeholders are connected in a single environment. Say goodbye to spreadsheets and unnecessary emails.
?? Increased transparency: Everyone is using the same processes, so everything is consistently tracked.
?? Improved forecast accuracy: Refine forecasts by regularly comparing and analyzing actual versus projected results.
?? Learn more about NetSuite Planning and Budgeting .
NetSuite Revenue Management
It’s simple: Revenue management is too complex to live in spreadsheets, especially when factoring in forecasting, allocation and ever-changing accounting rules. The answer? Automation within your accounting system.
NetSuite Revenue Management automates processes including revenue forecasting, allocation, recognition, reclassification and auditing – all with speed, efficiency and accuracy. It’s a rule-based, event handling framework that can recognize sales for both products and services – at any time.
领英推荐
?? Recurring revenue: Automate recognition and manage revenue accurately and in accordance with the latest revenue recognition standards.
?? Compliance made easy: Automated revenue recognition together with real-time financial reporting gives companies an easy road to compliance
?? Audit-ready: Avoid audit delays and extra fees by standardizing the allocations process.
?? Learn more about NetSuite Revenue Management .
NetSuite SuitePeople Payroll
Employees must be paid accurately and on time, but payroll isn’t always simple, especially when spreadsheets are involved. With NetSuite SuitePeople Payroll, this fundamental activity is greatly simplified. In fact, this module has helped NetSuite customers reduce their payroll processing times by as much as 84%.?
? “We can have payroll done in 10 minutes. Before, it was over an hour. It’s definitely changed my weekly payroll responsibilities.” - Meredith Martinelli, VP of administration, N&N Moving Supplies ?
SuitePeople Payroll is a full service payroll solution handling employees in the US. It automates payroll processes including calculating gross-to-net earnings, withholding mandatory taxes, deducting benefits and scheduling/issuing payments. Plus, finance leaders can drill down from payroll summary costs in financial reports to individual paychecks to gain insights and make more informed decisions.
?? Reduced cost: Run payroll in minutes without the need to import third-party data.
?? Better control of payroll expenses: View and control payroll expenses at the company, department, subsidiary or location level.
Pay payroll liabilities: Create accounts payable vouchers to pay benefit providers, tax authorities or time-off balances automatically.?
?? Learn more about NetSuite SuitePeople Payroll .
We’re here to help
The Learning Cloud Support (LCS) team provides subscription-based training that helps all NetSuite users accelerate their business’s knowledge of NetSuite through on-demand learning, hands-on exercises and multiple training options.?
??Learn more about Learning Cloud Support .
Craving More?
IN THE KNOW W/ NETSUITE
We have a lot happening here at NetSuite. Stay in the know with the below:
? NetSuite Tip of the Week ??
Brought to you by the Learning Cloud Support team.?
NetSuite Saved Searches for Productivity
NetSuite’s Saved Searches feature allows for easy customization of queries to suit your business needs. Increase productivity by linking searches to portlets on your home dashboard, such as the Reminders and Custom Search portlets.
For example, use a Saved Search to identify specific activities that require action, such as potential upselling opportunities.
Ensure you make Saved Searches available for selection on your Reminders portlet by enabling the feature from the Saved Search criteria.
Want to know more? Access the How Do I Create a Custom Search? learning path in the Learning Cloud Support Pass to learn more about how you can customize saved searches.
?? Important Announcements
?? It’s getting hot in here! ?? Nelly is headlining The Party at SuiteWorld! AND country music star Jessie James Decker will be opening. (P.S. Her business is a customer of ours!) Don’t miss your chance to see them LIVE. Register for SuiteWorld today.
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