© 2021 RSM US LLP. All rights reserved.
NetSuite for Business and Professional Services
For service delivery organizations of any type that require visibility and control of their enterprise-wide processes—such as revenue recognition for diverse revenue streams and unified billing—it's important to have a modern cloud-based ERP solution, like Oracle NetSuite. NetSuite is the first cloud-native solution that unites all ERP and professional services automation (PSA) functionality to meet the business requirements and needs of services companies in a single system.
Our RSM team understands the total integrated solution—which includes Project Management, Resource Management, Project Accounting, Timesheet Management, Expense Management, and Analytics—and how it can help you manage your projects, resources and finances. Our tailored approach allows us to deliver cost-effective and timely solutions to your organization that are aligned with industry best practices and processes.
As the leading NetSuite solution provider and implementer, RSM brings extensive industry knowledge to executive search, staffing solutions, marketing and advertising and consulting services firms.
Project Management: Enables project managers and team members to collaborate on projects, maintain a work breakdown structure (WBS), and access current and accurate project status at all times, allowing managers to proactively identify and resolve potential issues with each engagement.
Resource Management and forecasting: Enables project managers to optimize staffing and minimize bench time by ensuring that qualified resources are working on the right projects and by providing resource forecasting for projects in the pipeline.
Project Accounting: Connects project activities with company financials, helps ensure accurate accounting and billing throughout the project life cycle, and streamlines time and expense management while providing extensive reporting capabilities.
Billing and Invoicing: Automates one-off invoices as well as complex, recurring time- and project-based billing. NetSuite provides flexible billing options—based on completing project work, achieving project milestones, or following a date schedule.
NetSuite Buyer's Guide
In this guide, you'll find information on NetSuite pricing, product comparisons, a free trial, and instructions on how to qualify and purchase. For a more detailed breakdown on pricing options, download our FREE NetSuite buyer’s guide.
Revenue recognition: Automates revenue management. The revenue engine is flexible and capable of handling all scenarios for services companies, including percentage of completion based on hours or cost, revenue based on worked time, milestone revenue recognition and ratable over a period of time.
Timesheet Management: Is one of the highest touch points in a PSA solution. The customizable time sheet feature enables users to quickly and easily capture detailed data, whether in the office or on the road.
Expense Management: Offers powerful features that improve productivity, enable better tracking and compliance, maximize accuracy and timeliness of expense reporting, and enhance the overall user experience. Users can enter expenses through a web browser or mobile phone.
Analytics: Consists of full-featured robust reporting and analytical tools that deliver on-demand data, enabling you to monitor, report and analyze overall project and financial performance in real time.
Benefits of using NetSuite for business and professional services:
- Real-time visibility into the organization’s performance and profitability
- Improved on-time project delivery and greater project success rates
- Increased resource utilization
- Advanced resource management functionality
- Mobile access to time and expense management
- Multicompany, multicurrency tracking as well as automated consolidation of financials
- Reduced hardware maintenance costs and upgrade hassles with cloud-based delivery
RSM is one of the largest and most highly decorated Oracle NetSuite partners globally, and serves as a Solution Provider Partner, Alliance Partner, and BPO Partner for NetSuite. RSM is the trusted advisor to middle market companies for the evaluation, selection, implementation and support of our customers’ NetSuite investment. With more than 100 offices across the North America and a global network with established NetSuite practices in 14 countries, RSM has certified and highly experienced NetSuite resources around the world. With our unique understanding of the middle market, we’ve helped thousands of companies move forward with confidence. We listen closely to make sure we understand you, your business and your organization’s culture, so that you experience the power of being understood.