NetSuite has a number of product innovations that help wholesale and retail businesses accelerate growth. The latest NetSuite innovations include a solution that integrates fintech into NetSuite, a new analytics warehouse that helps customers enhance decision making and uncover additional revenue streams, and expanded support services for customers to leverage the full power of NetSuite.
In addition, NetSuite has introduced automation and analytics that will help wholesale organizations increase agility and accelerate growth by enhancing the commerce, HR, financial and operations, project management, and supply chain capabilities within NetSuite.
Oracle NetSuite EVP Evan Goldberg says, “All organizations have gone through significant changes over the last 18 months and while obstacles remain, opportunities are growing.To help our customers take advantage of these opportunities and accelerate growth, we are introducing new innovations that add powerful analytics and automation capabilities across our entire product suite.”
He continues, “The latest updates to NetSuite help to reduce manual processes and ensure customers have timely, accurate data so they can make better decisions, quickly respond to market conditions, and scale their organizations.”
The latest innovations for wholesale and retail businesses include:
A solution that helps wholesale customers automate key financial processes and gain full visibility into their cash flow. By bringing together automated accounts payable and accounts receivable processes, SuiteBanking makes it fast and easy to pay bills, send invoices, and get paid, all from within NetSuite.
NetSuite Analytics Warehouse
A new analytics warehouse that is built on Oracle Analytics Cloud and Oracle Autonomous Data Warehouse, NetSuite Analytics Warehouse helps wholesale customers spot patterns and quickly surface insights from NetSuite and third-party data to enhance decision-making and uncover new revenue streams.
Advanced Customer Support Playbooks
An expansion of NetSuite’s Advanced Customer Support service that includes prescriptive playbooks that help customers accelerate their return on investment. The playbooks are based on experience and data from thousands of implementations and will help customers address operational challenges, such as revenue recognition, project profitability or supply chain management, and cross-functional processes like quote to cash. They also support key growth milestones, such as a geographic expansion, IPO preparation, or merger/acquisition activity.
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