Support Your Services Organisation End-to-End with a Powerful, Cloud-Based Suite


Drive Cash Flow by Automating Project Accounting and Invoicing

Maintaining tight control over the strategic direction of your projects, supporting resources effectively and ensuring that projects are completed on time and within budget are critical components to maximise service delivery performance and profitability.

NetSuite Project Accounting connects project activities with company financials, helps ensure accurate accounting and billing throughout project lifecycles, and streamlines time and expense management and provides extensive reporting capabilities.

NetSuite Project Accounting is integrated with the general ledger, accounts payable, accounts receivable, sales orders, purchase orders and inventory management.

Manage sophisticated accounting and revenue recognition rules and have the entire project with key progress, financial and performance indicators together in a single view.

Features

Gain Flexible and Automated Invoicing

Automate project invoices, manage approvals based on customer or project with an end-to-end invoicing engine, view outstanding balance on an invoice in real-time and integrate project accounting with general ledger.

Automate Project-Level Revenue Recognition Processes

Recognise revenue according to its unique schedule and guidelines, leverage revenue recognition that’s separate from project billing to support how your organisation measures profitability

Monitor Project Profitability

Monitor and report on summary and detail project-level accounts including project profitability metrics and project budget versus actual in real-time using easy-to-read graphs and reports.


Benefits

Empower Visibility on Project Financials

Track invoice workflow and monitor where every invoice is throughout the billing process, reducing delays and getting better control over aging invoices.

Enhanced Productivity, Enhanced Efficiency

Get quick, marked improvement in expenditure and customer satisfaction through embedding logical project accounting and fundamental organisational techniques into the solution.

Get Complete Revenue and Forecasting Insight

View your revenue situation either in detail or summary. Empower your teams to make more informed decisions in real-time for the day, the next week and months out.

Revenue Recognition for Any Service Delivery Organisation

Automate complex revenue calculations and allocations and support multiple revenue scenarios on a project-by-project basis.


Learn more about how our Professional Services Automation solution can help elevate your services delivery business

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