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NetSuite for Industrials

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NetSuite: The Cloud ERP for your manufacturing, distribution and energy businesses. Together, RSM’s NetSuite and industry expertise will help elevate your business needs 

NetSuite is a cloud-based ERP solution that helps you manage every aspect of your operations in one place. Not only is NetSuite scalable, adaptable and integrable with your unique processes and workflows, but it is also a secure, compliant and global platform. Additionally, it offers user-friendly features and can be customized to suit your individual business needs.

RSM: The NetSuite ERP professionals

NetSuite is trusted by thousands of manufacturing, distribution and energy businesses. RSM can help implement, configure and support NetSuite for your specific needs and goals. We draw on our deep industry experience to transform your business with NetSuite and achieve greater efficiency, agility and growth.

RSM NetSuite for industrials solutions

RSM offers the best of NetSuite’s functionality, intelligently configured for your industrials company to streamline processes and close gaps saving you time.
Intercompany process management

For companies with multiple subsidiaries, intercompany processes can be clunky and manual. NetSuite's intercompany process management accelerator automates the process of allocating transactions to multiple subsidiaries by creating intercompany journal entries upon saving a transaction.

Solution Overview

  • Increases efficiency: By automating this process, the accelerator saves businesses time and resources that it would have taken to create intercompany journal entries.
  • Real-time financial visibility: Because NetSuite creates journal entries automatically, your business can have a first-hand look at your reporting split up by the correct subsidiary.
  • Creates clean general ledger: Even with multiple subsidiaries, this accelerator ensures your accounting reflects the appropriate allocations.
  • Integrating linkable transactions: Easily navigate between the transaction and the associated journal entry through automatically created links.
3-way match

The RSM 3-way match bundle solution takes this standard NetSuite solution to the next level by providing further flexibility such as the ability to match purchase orders (POs) with more than one item receipt and bills in advance of receipt.

Solution Overview

  • Multi receipt on single PO: Partially received inventory for a PO is quite common during an inventory receipt process. The ability to conduct 3-way match even when the PO is not fully received will increase the accuracy in the matching process. 
  • Bill in advance of receipt: There are times when billing prior to receipt is required. This RSM solution allows users to bill/invoice prior to the item receipt and have the benefit of the 3-way match process.
  • Percentage threshold: The option to use a percentage threshold over a quantity for the amount received and billed. 
  • Increased efficiency: The 3-way match process reduces the need for manual checks between POs, inventory receipts, bill or invoice, allowing for more efficient use of time. Additionally, the matching status can be directly referred to on the PO.
Consolidated invoicing

As consolidated invoicing becomes an important part of client communication, you need a solution that evolves with that need. RSM's consolidated invoicing accelerator is a feature that allows users to combine multiple invoices to generate a single record and send it to customers as a PDF.

Solution overview

  • Streamlined invoice management: The consolidated invoicing accelerator simplifies the invoicing process by providing a convenient solution to merge multiple invoices into a single record.
  • Flexibility in consolidation: Customize your consolidated invoice by selecting specific dates, customers or customer PO numbers as filters, ensuring adaptability to unique client requirements.
  • Personalized PDF: The PDF you generate can be customized to adapt effectively to individual client requirements. 
  • NetSuite payment forms: Our solution integrates seamlessly with the existing NetSuite payment forms.
  • Multi-currency handling: The consolidated invoicing accelerator can easily manage transactions in multiple currencies.

RSM NetSuite for industrials solutions

RSM offers the best of NetSuite’s functionality, intelligently configured for your industrials company to streamline processes and close gaps saving you time.

For companies with multiple subsidiaries, intercompany processes can be clunky and manual. NetSuite's intercompany process management accelerator automates the process of allocating transactions to multiple subsidiaries by creating intercompany journal entries upon saving a transaction.

Solution Overview

  • Increases efficiency: By automating this process, the accelerator saves businesses time and resources that it would have taken to create intercompany journal entries.
  • Real-time financial visibility: Because NetSuite creates journal entries automatically, your business can have a first-hand look at your reporting split up by the correct subsidiary.
  • Creates clean general ledger: Even with multiple subsidiaries, this accelerator ensures your accounting reflects the appropriate allocations.
  • Integrating linkable transactions: Easily navigate between the transaction and the associated journal entry through automatically created links.

The RSM 3-way match bundle solution takes this standard NetSuite solution to the next level by providing further flexibility such as the ability to match purchase orders (POs) with more than one item receipt and bills in advance of receipt.

Solution Overview

  • Multi receipt on single PO: Partially received inventory for a PO is quite common during an inventory receipt process. The ability to conduct 3-way match even when the PO is not fully received will increase the accuracy in the matching process. 
  • Bill in advance of receipt: There are times when billing prior to receipt is required. This RSM solution allows users to bill/invoice prior to the item receipt and have the benefit of the 3-way match process.
  • Percentage threshold: The option to use a percentage threshold over a quantity for the amount received and billed. 
  • Increased efficiency: The 3-way match process reduces the need for manual checks between POs, inventory receipts, bill or invoice, allowing for more efficient use of time. Additionally, the matching status can be directly referred to on the PO.

As consolidated invoicing becomes an important part of client communication, you need a solution that evolves with that need. RSM's consolidated invoicing accelerator is a feature that allows users to combine multiple invoices to generate a single record and send it to customers as a PDF.

Solution overview

  • Streamlined invoice management: The consolidated invoicing accelerator simplifies the invoicing process by providing a convenient solution to merge multiple invoices into a single record.
  • Flexibility in consolidation: Customize your consolidated invoice by selecting specific dates, customers or customer PO numbers as filters, ensuring adaptability to unique client requirements.
  • Personalized PDF: The PDF you generate can be customized to adapt effectively to individual client requirements. 
  • NetSuite payment forms: Our solution integrates seamlessly with the existing NetSuite payment forms.
  • Multi-currency handling: The consolidated invoicing accelerator can easily manage transactions in multiple currencies.

90+

Over ninety tailored solutions propelling industrials sector success

10

NetSuite Worldwide Solution Provider Partner of the Year awards

5

Expertise across five subsectors from manufacturing to renewables, igniting innovation

"I felt like there was a personal touch. Rather than saying, ‘Well, most companies do this,’ RSM’s team was willing to listen and understand what about what we were doing was unique and special and finding a solution."
Jordan Edwards, Director of Operations, Wild Goose Filling

Download the NetSuite buyer’s guide

For more information about NetSuite, including product-related information, pricing, product comparisons, how to get a free NetSuite trial and how to purchase NetSuite, download RSM’s NetSuite buyer’s guide. 

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