In a lively announcement at SuiteWorld in Las Vegas, Oracle NetSuite shared a plethora of new features and innovations designed to help businesses succeed. These new features aim to update efficiency, support growth, and foster collaboration across organizations, making NetSuite even more valuable for modern businesses. Shall we take a look?
One of the standout features in this latest update is the integration of advanced AI capabilities throughout the NetSuite platform. With enhancements like financial exception management and a digital assistant in NetSuite SuiteAnalytics, businesses can gain better insight, lower risks, and make faster decisions. For users, this means they can enjoy a more easy experience while uncovering new growth opportunities through intelligent data.
NetSuite’s new SuiteProcurement solution is created to simplify unintended procurement processes. This innovative tool allows companies to manage costs effectively while still being able to access benefits from trusted suppliers such as Amazon Business and Staples Business Advantage. SuitProcurement allows organizations to focus on growing their business by automating key purchasing tasks, such as invoicing and approvals.
And that’s not the only thing that made its debut. NetSuite Connector for Salesforce was also introduced — now allowing users to share data between these two powerful platforms easier than ever before. This addition allows business to synchronize data in real time, improving visibility into orders, financials, and customer details. Companies are then able to streamline their order-to-cash processes and make better decisions based on detailed data insights.
The new and improved NetSuite Analytics Warehouse features inserted AI capabilities that assist organizations analyze data more efficiently. With tools for identifying business drivers and predicting scenarios, businesses can uncover new opportunities and improve operational productivity. This means that decision-makers can act quickly and confidently in an ever-changing market.
Added bonus? NetSuite’s Enterprise Performance Management (EPM) updates welcomes generative AI for narrative reportive and predictive forecasting. These tools help finance teams make sense of data quickly and capitalize on growth opportunities. Productivity is now drastically enhanced, making it easier for teams to focus on strategic advantages.
Previously known as NetSUite OpenAir, SuiteProjects Pro provides fresh user experience enhancement and AI features to help organizations manage projects more effectively. Businesses are able to monitor project health, efficient planning, and optimize resources, all of which contribute to increased lucrativeness and reduced risk.
NetSuite is also upgrading its user experience with the Oracle Redwood Design System, which strives to make daily tasks more natural and efficient. This award-winning design will integrate across multiple NetSuite applications, including dashboards and forms, verifying users can navigate the system with ease.
Oracle’s NetSuite’s latest creations empower businesses to work smarter, not harder! By taking advantage of AI and improved user experiences, businesses can drive productivity and achieve their growth goals more productively.
These innovations not only streamline operations but also create a culture of collaboration and innovation within teams. With tools tailored to meet the needs of each business, NetSuite is dedicated to helping businesses navigate today’s challenges with confidence. For more information, be sure to check out the SuiteWorld on Air event at netsuitesuiteworld.com/onair to discover how NetSuite can elevate your business.