Oracle NetSuite Project Management & Job Costing
NetSuite Project Management & Job Costing module is a cloud-based solution that helps businesses to better manage their projects and job costing. The module provides users with the ability to create and track project budgets, and to track actual costs against budget. Additionally, the module provides users with the ability to generate invoices for projects, and to track project profitability.
Industry Leading Project Management and Job Costing Controls
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.
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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 Project Management & Job Costing Features
Project Management & Task Scheduling
The Project management feature in NetSuite's Project Management & Job Costing module helps you to better manage your projects. With NetSuite's Project management tools, you can create and track project budgets, and monitor actual costs against budget. In addition, Project Managers get access to project specific, as well as portfolio wide dashboards making it easier to keep across the complexity and detail of each project.
NetSuite Job
Costing
The Job costing feature in NetSuite's Project Management & Job Costing module helps you to track actual costs against budget. With NetSuite's Job costing tools, you can generate invoices for projects, and track project profitability. In addition, the Job costing feature provides businesses with the ability to monitor labor utilization, and to allocate indirect costs to specific jobs or projects.
Project Material Management
The Material costs feature in NetSuite's helps businesses to track the cost of materials used in projects. With NetSuite's Material cost tracking tools, businesses can monitor the cost of materials used in each job or project, and apply them to specific tasks or phases to get detailed reporting at a granular level. Additionally, businesses can generate material purchase orders directly from the Project & Job Costing module, streamlining project procurement.
Project Billing and Invoicing
The Project billing and invoicing feature in NetSuite's Project Management & Job Costing module helps businesses to generate invoices for projects based on contracted terms. With NetSuite's Project billing and invoicing tools, businesses can create and send invoices for projects, and track payments. In addition, businesses can use the Project billing and invoicing feature to track project profitability.
Project Time and Expense Management
The Time and expense management feature in NetSuite helps businesses to track employee and contractor time and expenses. With NetSuite's Time and expense management tools, project managers will be able to see the impact of open expenses on project profitability as well as generate all required documentation for client side expense approval.
Project Dashboards
NetSuite's Project Management Dashboards provide an easy way to track and monitor the progress of any project. They provide a high-level view of the project timeline, budget, resources, and activity status. The dashboard also provides an insightful analysis of data for better decision-making, helping users make more informed decisions about their projects.
Project Templates
With NetSuite Project Templates, businesses can streamline their operations, save time, and improve efficiency. NetSuite project templates are designed to fit the unique needs of different industries, such as manufacturing, advertising, retail, and more. These templates help businesses to jumpstart their ERP implementation and set up project management processes with ease.
Gantt Charts
NetSuite Project Gantt Charts are used to track the progress of projects. They provide a visual representation of tasks, dependencies, and timelines within a given project. The chart is composed of tasks arranged in sequential order on the x-axis and time intervals along the y-axis. A bar is then used to show the duration of each task and any dependencies that may exist between them.
Project Milestone Management
Project Milestone Management refers to the tracking, monitoring and management of project milestones during the course of a project. Milestones are significant events in the project timeline that signify the completion of major goals and objectives. Tracking and managing milestones is essential for successful projects because it allows for more accurate planning.
Project Profitability Reporting
​NetSuite Project Profitability Reporting allows businesses to accurately track and report financial information related to their projects. This includes budgeting, forecasting, and tracking expenses to ensure that projects remain within budget and are profitable. It provides real-time visibility into project performance, so businesses can make informed decisions quickly.
Business Impacts of Implementing NetSuite Project Management & Job Costing
NetSuite's Project & Job Costing module provides businesses with the ability to better manage their projects and job costing. The module gives users the ability to create and track project budgets, and to monitor actual costs against budget.
Additionally, the module provides users with the ability to generate invoices for projects, and to track project profitability.
The benefits of NetSuite's Project & Job Costing module include:
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Improved project management
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More accurate Job Costing
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Clear visibility into project performance
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Increase utilization of project teams
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 Project Management & Job Costing.