NetSuite optimization
Are you getting the most out of your NetSuite investment?
Optimize your system for greater efficiency, productivity and measurable return
I was very impressed with RSM’s knowledge. They had been there and done that before, and you could just tell that they knew NetSuite, as well as our business and processes, inside and out.
Jay Gelfman, Senior Vice President of Operations, MaxCyte
Why optimize NetSuite?
RSM’s NetSuite optimization advisors utilize proven processes to elevate the productivity and efficiency of your NetSuite solution. Our comprehensive roadmap analyzes how NetSuite is deployed within your business and addresses potential pain points in key processes, including:
Procure to pay (P2P)
NetSuite optimization in the P2P process eliminates manual data entry, accelerates approvals and creates vendor pricing consistency. Automation of receiving, invoice processing and payments improves cash flow management and strengthens vendor relationships.
Order to cash (O2C)
Optimizing the O2C process in NetSuite improves order accuracy, speeds up credit reviews and enhances fulfillment with real-time inventory and shipping automation. Integrated billing, collections and revenue recognition processes accelerate cash flow and provide deeper customer insights.
Record to report (R2R)
By automating journal entries, reconciliations and financial close procedures, NetSuite optimization increases accuracy and reduces cycle times. Custom dashboards and reports support regulatory compliance and provide leadership with timely, data-driven financial insights.
4 steps to stronger NetSuite system performance
Every system begins to change as it goes live, and your business needs also change over time. RSM’s NetSuite optimization advisors consider your specific success factors—such as new system functionality, software updates or a new business model—to develop an actionable optimization plan that yields real results.
1. Realize
Initiate discovery to understand your objectives and review existing processes.
2. Analyze
Evaluate current system and processes, assess requirements and identify opportunities.
3. Strategize
Deliver a go-forward roadmap with a timeline, estimates and resource requirements.
4. Optimize
Follow the roadmap in-house or with RSM advisors to achieve objectives.
Private equity-backed tech company optimizes NetSuite to elevate efficiency
A private equity-backed technology company in Boston faced operational inefficiencies within their NetSuite system. Recognizing the need for optimization, leadership engaged RSM US LLP to conduct a comprehensive NetSuite assessment.
A CFO’s dilemma: Navigating ERP challenges in a growing manufacturing company
For the company, the decision to assess and optimize NetSuite was a game changer. By working with RSM, the CFO’s team regained control over their financial and operational processes, setting the stage for sustained success.
NetSuite optimization delivers ROI for fuel pipeline and terminal networks
By addressing operational inefficiencies, streamlining processes and integrating systems, the company achieved substantial improvements in efficiency, cost reduction and overall performance.
The collaboration with RSM resulted in a comprehensive optimization roadmap that provided a clear path for continual improvement.
Harness the power of NetSuite
Optimization is not a one-and-done endeavor; rather, it’s an ongoing process. But with the right experience and insight, you can save significant time and money, as well as stay ahead of the curve, by leveraging NetSuite for enhanced productivity and process efficiency moving forward. RSM can create a comprehensive, customized action plan to maximize your NetSuite investment and align your system with evolving business objectives.