SuiteWorld News: NetSuite Unveils Next-Generation Cloud SRP Solution
First and Only Unified Cloud SRP Solution to Meet the Functional Needs of Product and Services Companies
NetSuite Press Release:
NetSuite, Inc., the industry’s leading provider of cloud-based financials/ERP and omnichannel commerce software suites, announces the next-generation cloud SRP solution (services resource planning), the first and only cloud suite that brings together the strengths of ERP and PSA (professional services automation) to enable project-and product-based businesses to run their entire business life cycle – from project management, resource management, time-and-expense management, to project accounting – all in one unified software cloud ERP solution.
The new release enables multi-model billing for service delivery across the services value chain from fixed fee, to milestone and to time-and-materials. Designed for tomorrow’s businesses, NeSuite SRP also offers mobile and social capabilities that give on-the-go services professionals access to real-time business information anywhere, anytime and better collaboration across the organization. With functional richness and depth unmatched in the industry, NetSuite SRP also enables services organizations to customize the solution to their unique needs through the SuiteCloud Development Platform.
With NetSuite SRP, project- and product-based businesses have one system to monitor the financial health of their organizations while also gaining real-time visibility into operational metrics. The new release delivers the following key features and benefits:
- Project Management
- Resource Management
- Project Accounting
- Mobile and Social Functionality
- Delivery Billing Flexibility
- Time and Expense Management
- Job Costing
- Revenue Recognition
- Financial Management and Reporting
For more information regarding NetSuite SRP – Cloud SRP Solution – download data sheet
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Contact Plumb for more information regarding NetSuite SRP
More than 20,000 companies depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-class cloud ERP suites for divisions of large enterprises and mid-sized organizations seeking to upgrade their antiquated client/server ERP systems. NetSuite excels at streamlining business operations, as demonstrated by a recent Gartner study naming NetSuite as the fastest growing top 10 financial management systems vendor in the world. NetSuite continues its success in delivering the best cloud ERP/financial suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of cloud accelerates.