Manage Projects, Resources, Profitability and Billing with NetSuite

Has managing projects become a cumbersome process? Are you managing projects in one system, resources in another and billing somewhere else? Let NetSuite simplify and bring all of your projects into one system. NetSuite offers different features to improve how projects are managed.

Project Templates

Project Templates allow you to standardized your projects and simplify project creation. On these templates you can add tasks, milestones, generic resources and billing information. This will give projects a base to start with, reducing data entry and standardizing your projects.

Resource Management

NetSuite also has resource management capabilities, such as tracking employees’ skill sets and level of expertise. Resources can be assigned at the project or task level. Billing rates and costs can be managed at the resource level per project for profitability reporting. Resource utilization can be reviewed through interactive charts allowing for simplified resource management.

Job (Project) Costing

Job Costing improves the reporting ability of projects. It allows for project budgeting which can be viewed on the project and in reports. This improves project managers’ ability to effectively manage their projects. It also allows time that is entered to have a GL impact.

Project Billing

NetSuite supports multiple billing options. Each project can be billed based on time and materials, fixed bid milestone, fixed bid interval, billing schedule or charge based. By combing projects into your financial system, project status, time, expenses and billing become a unified process making it easier for your billing staff.

Mobile Time & Expense

NetSuite also has mobile capabilities to simplify the life of your resources. From Apple or Android devices employees can track their time against projects & tasks. Expenses, with receipt attachments, can be entered against projects from their devices. This helps ensure timely entering of time and expenses for reporting and billing.

These features along with NetSuite’s intuitive user interface, managing projects and your business will become easier. If you would like to learn more about Projects or NetSuite please contact RSM at erp@rsmus.com or by phone at 855.437.7202.

By: Kelsey Cantrell – National NetSuite Solution Provider

Kelsey Cantrell