Oracle NetSuite today announced a series of AI-powered capabilities and product updates across the suite to help organisations in Australia and New Zealand increase efficiency and take advantage of new opportunities. The latest innovations build on the comprehensive AI capabilities embedded in NetSuite and include pre-configured solutions, new enterprise performance management and field service management functionality, product localisations, third-party integrations, user experience enhancements, and expanded licensing options.
“We continue to support the changing business needs of customers of all sizes in Australia and New Zealand,” said Evan Goldberg, founder and executive vice president, Oracle NetSuite. “The latest AI innovations and updates to NetSuite further demonstrate our commitment to providing enterprise-grade capabilities that will help our customers in Australia and New Zealand boost productivity, reduce costs, and drive success.”
The latest updates to NetSuite help customers in Australia and New Zealand automate and accelerate business processes and embrace new business models:
New AI capabilities: Help organisations reach their goals more efficiently by leveraging the latest predictive, generative, and agentic AI capabilities embedded in the suite. With NetSuite Prompt Studio, NetSuite Text Enhance for custom fields, NetSuite Financial Exception Management agent, NetSuite SuiteAnalytics Assistant, and NetSuite Expert for SuiteAnswers, customers can increase productivity, reduce human error, and mitigate risk. To learn more about the latest AI updates, please visit: NetSuite Expands AI Capabilities to Help Organisations in Australia and New Zealand Further Enhance Efficiency.
NetSuite SuiteSuccess Anything-as-a-Service (XaaS) Edition: Helps organisations with diverse product and service offerings increase efficiency, enhance the customer experience, and accelerate growth by providing a pre-configured business platform with tailored XaaS functionality. For example, organisations can streamline financial, inventory, project management, and revenue recognition across their product and service offerings. To learn more about NetSuite SuiteSuccess XaaS Edition, please visit: NetSuite Announces New Solution to Help Organisations in Australia and New Zealand Manage and Grow Diverse Revenue Streams.
NetSuite Enterprise Performance Management (EPM): Helps organisations connect financial and operational planning, automate account reconciliation, streamline close processes, and enhance tax and narrative reporting. With NetSuite EPM, customers can increase business visibility, enhance decision making, and drive growth. To learn more about NetSuite EPM, please visit: NetSuite Introduces Enterprise Performance Management to Help Finance Leaders Increase Productivity, Efficiency, and Profitability.
NetSuite SuiteProjects Pro: Helps organisations reduce risk, optimise resource allocation, increase profitability, and scale operations with advanced AI capabilities. With NetSuite SuiteProjects Pro, customers can monitor the health of projects, accelerate project planning, and increase productivity. Learn more about NetSuite SuiteProjects Pro.
NetSuite Connector for Outlook: Helps organisations automatically share data between NetSuite and Microsoft Outlook. With a real-time data flow between Outlook Mail, Calendar, and NetSuite, sales teams can reduce manual data entry, focus on higher-value sales activities, and increase revenue. Learn more about NetSuite Connector.
NetSuite Field Service Management updates: Help organisations with field service teams increase efficiency and save technicians’ time on tasks such as showing proof of work or completed repairs. For example, the latest updates provide customers with the ability to upload multiple documents and pictures with a single click from the mobile application. Learn more about NetSuite Field Service Management.
Customer 360: Helps organisations increase sales and improve the customer experience by building on the existing functionality of NetSuite SuiteCommerce and NetSuite Customer Relationship Management (CRM) to deliver a dashboard that provides key customer information and insights in one place. For example, the Customer 360 dashboard helps track behaviour and shows key performance indicators (KPIs) like customer lifetime value, customer profitability, year-to-date sales, and remaining credit. Learn more about Customer 360.
Cash 360 updates: Help organisations enhance cash forecasting by analysing cash flow based on payment installments and due dates across customer invoices and vendor bills. For example, the Cash 360 dashboard tracks and provides visibility into accounts payable and receivable amounts with details on payment terms, installments, and transaction totals. Learn more about Cash 360.
NetSuite SuitePeople Workforce Management updates: Help organisations simplify employee time tracking and wage management processes. For example, in Australia, SuitePeople Workforce Management now includes pre-configured wage agreements for commonly used awards in the hospitality and restaurant industries. Learn more about NetSuite SuitePeople Workforce Management.
Oracle Redwood Design System: Helps organisations accomplish tasks more efficiently by providing a modern user experience across the suite. With Oracle’s award-winning application design system across many of the most widely used areas of the suite, including dashboards, lists, and forms, customers can further enhance productivity. Learn more about the NetSuite user experience(opens in new tab).
New licensing model: Helps organisations boost productivity by providing task-specific licenses for NetSuite Warehouse Management System (WMS) and NetSuite CRM. As a result, customers can improve efficiency while controlling costs by giving employees access to key NetSuite capabilities without requiring a full subscription.