One of the most flexible and professional project management solutions is the NetSuite OpenAir. It is specially designed to help organizations of all scales improve their productivity and operational efficiency. The solution is especially useful for companies that offer services in the technology product sector. The solution can integrate with other enterprise resource planning or ERP suites that are already being used by the employees.
This professional services automation tool helps organizations focus on their core business processes which include resource management, project handling, accounting, time tracking, billing, and revenue forecasting. The service providers experience enhanced visibility into insights, updates as well as end-to-end automation. The software is meant to increase the profitability of any project maximize billable hours, optimize resource utilization, and make informed decisions.
Benefits of NetSuite OpenAir
The software eliminates the need for extensive research by combining all the data collection, analytics, and reporting features in one platform. It is not only a project management tool but assists with portfolio management as well. Regardless of the industry, the solution offers benefits in terms of organization and workflow streamlining. It reveals the strengths and weaknesses of each campaign and gives businesses a better idea of which initiative to focus on.
NetSuite helps users shortlist tasks and prioritize based on the project goals. It saves the time and effort required by a team in achieving the next milestone. The software also has more features, functions, and capabilities that can prove to be useful for small businesses. They can discover new opportunities and find affordable packages in NetSuite OpenAir pricing.
NetSuite OpenAir vs. Other Project Management Tools
The complete capability of the NetSuite covers eight different domains and has over 1,000 unique features. A comprehensive comparison of the software in terms of its most important functions can help buyers make an informed decision when it comes to their project management needs.
Portfolio Management
NetSuite has most of the coveted project management and portfolio organization features. It has an impressive array of options when it comes to supporting teams relevant to their tasks, communication, and planning. It has an advantage over other software because the tool offers more in terms of this module than its competitors.
Resource Planning
When it comes to scheduling, NetSuite OpenAir has many of the timesheet, tracking, and allocation options a team of any size would want. This makes the tool from Oracle more attractive than other software because it can cater to professional services in terms of assigning tasks to the right person. It also schedules resources in such a way that there is no overlap or mismanagement. However, it lacks in terms of performance and can cause delays for users with a longer loading time.
Opportunity Tracking
When it comes to managing contacts, tracking opportunities, and handling contracts, NetSuite is not one of the best options. It does not offer many features for organizing leads and segmenting clients into groups. There are a few options for pursuing active contracts but these are limited and could be expanded to help sales teams.
Expense Organizing
In terms of expense organization, the NetSuite OpenAir helps users manage their time, expenditures, and other resources spent on the project. They have outstanding features when it comes to tracking how many hours have been spent on each task and calculating the invoice according to it. The users can also estimate the total cost for their project and forward it to clients.
Budget Estimation
There are ways to use the NetSuite billing and budgeting module to optimize the financial aspect of your project. It has decent features for determining how much it would cost to complete the entire project. It is one of the most advanced software on the market in terms of project management but does not deliver on billing features as compared to other financial solutions.
Data Analysis
Every top project management software needs features that support data sharing and can perform analysis functions. NetSuite OpenAir has most of the necessary options required by the module such as KPI measurement, data manipulation, charting, and other information management tasks. It is one of the most intelligent options for handling data and managing all information related to the project.
System Integration
A NetSuite OpenAir demo can show interested buyers how well it can integrate with popular collaboration and accounting software. It offers support to many systems and can synchronize with them allowing users to quickly import and export data. The more advanced services firm might not find what NetSuite has to offer that impressive but it is suitable for modest-sized companies.
Advanced Technology
The technology employed by this software justifies the NetSuite OpenAir pricing. It includes all the latest updates and has a considerable advantage over competitors in that arena. The software is compatible with almost all devices and operating systems and can handle all file formats as well.
Conclusion
Comparing NetSuite with other professional services automation software gives users a fair idea of what it would be like to use the software. Although a NetSuite OpenAir demo would be the best way to help them make their decision, they can decide whether or not to even schedule one based on this information. The tool fulfills all the basic requirements and is technically robust in many ways.
It targets several functional areas and influences the project team’s actions, productivity and decisions in many ways. The purchasing decision depends on several factors but having a weighted assessment of each module is useful in this sense. The article acknowledges the drawbacks of the system and does not offer a skewed version of events.
The final decision rests with the company and depends on its unique requirements. They should have a benchmark or standard for the solution and use it to evaluate whichever options they shortlist. The decision is a complex one but it can be made easier with help.
