Oracle NetSuite Professional Services Automation (PSA)
NetSuite Professional Services Automation (PSA) is a cloud-based solution that helps professional services organizations to streamline their operations and improve project visibility. PSA provides a complete view of your project portfolio, giving you the ability to track project progress, manage resources, and optimize your utilization.
Industry Leading Professional Services Automation Functionality
Who is Oracle NetSuite?
NetSuite was founded in 1998 and is headquartered in San Mateo, California. The company has more than 4,000 employees and serves over 30,000 customers in more than 100 countries.
In 2016, NetSuite was acquired by Oracle Corporation, further strengthening its position to remain the #1 Cloud ERP chosen by more companies than any other platform.
Top 5 NetSuite Professional Services Automation (PSA) Features
The Project management feature in NetSuite's PSA module helps you to track and manage your projects. With NetSuite's Project management tools, you can create and manage project records, assign resources to projects, and track project progress.
The Resource management feature in NetSuite's PSA module helps you to track and manage your resources. With NetSuite's Resource management tools, you can get a visual representation of each project's tasks and assigned resources and see where your projects may require additional resources to meet milestone deadlines.
Project time tracking
The Project Time tracking feature in NetSuite's PSA module helps you to track and manage time spent on projects. This time can be billed to clients, or applied to projects as an average cost across groups of resources.
Project expense management
The Expense management feature in NetSuite's PSA module helps you to track and manage expenses incurred on projects. These expenses can be billed to clients with full supporting documentation for client review and approval.
Project revenue recognition
The Revenue recognition feature in NetSuite's PSA module helps you to track and manage revenue generated from projects. This revenue can be recognized on a time and materials basis, or as a fixed fee billed in percentage based increments.
Business Impacts of Implementing NetSuite Professional Services Automation (PSA)
NetSuite's Professional Services Automation module provides businesses with the ability to improve project visibility and manage resources more effectively.
The Project management, Resource management, and Project Time tracking features in particular can help businesses to improve their project management processes.
Additionally, the Project Expense management and Project Revenue recognition features can help businesses to improve their financial visibility into projects. Implementing NetSuite's PSA module can thus help businesses to improve their overall project management and financial performance.
Grow Your Business With NetSuite and CEBA Solutions
CEBA Solutions is a NetSuite Solution Provider with over 15 years of experience helping businesses to implement and optimize NetSuite. We offer a range of services to help businesses get the most out of their NetSuite investment, including implementation, customization, training, and support. Contact us today to learn more about how we can help you grow your business with NetSuite Professional Services Automation.