Client Request:
“We need a more efficient system for allocating resources to our projects with the ability to define start/end dates, durations, and allocation types. It’s crucial that we can monitor utilization rates closely to ensure we are using our resources effectively. Can you provide a solution for these requirements?”
Solution:
Feature: RESOURCE ALLOCATIONS
NetSuite’s Resource Allocations feature effectively addresses these needs. By utilizing this feature, you can efficiently allocate resources to projects, ensuring that the right personnel are available at the right time. The detailed allocation management enables you to define start/end dates, durations, and allocation types, providing precise control over resource utilization. The system also allows for the close monitoring of utilization rates, ensuring that resources are being used efficiently and cost-effectively. With a dedicated resource manager role and utilization rate reporting, you can streamline your resource management, ensuring optimal resource allocation and project execution.
NetSuite’s Resource Allocations feature enables organizations to:
- Allocate Resources to Projects: Businesses can efficiently allocate resources to projects, ensuring that the right personnel are available at the right time.
- Detailed Allocation Management: This feature allows for resource allocation with defined start and end dates, durations, and allocation types, providing precise control over resource utilization.
- Resource Utilization Monitoring: Organizations can closely monitor utilization rates, ensuring that resources are being used efficiently and cost-effectively.
- Resource Manager Role: A dedicated resource manager role is available for those responsible for managing resource allocations, providing a structured approach to resource management.
- Utilization Rate Reporting: Utilization rates can be reported in various reports, providing insights into resource and project performance.
- Resource Related SuiteApps: Additional SuiteApps are available to complement the Resource Allocations feature, enhancing resource management and project execution.
- Resource Allocation Chart: The Resource Allocation Chart/Grid offers a visual tool for viewing, creating, and editing resource allocations. You can choose to view your allocations in either a chart or a grid.
- Resource Skill Sets: Resource Skills Sets enables you to add information to employee and vendor records about skills and expertise and then search that information for the best matched project resource.
You define skill categories that are available on the new Skills & Expertise tab on employee and vendor records. Employee and vendor records are updated by selecting skills and setting a skill level for each individual skill. - Resource Allocation Approval Workflow: Implement resource allocation approvals through NetSuite’s SuiteFlow feature without building a workflow from scratch. The SuiteApp installs a default approval routing workflow that you can use as is, or copy and customize to suit your company’s specific needs.
Navigation:
To enable NetSuite’s Resource Allocations feature, Go to
Setup -> Company -> Enable Features -> General Tab -> Resource Allocations
