A best-in-class solution for Service Industries
NetSuite provides robust, reliable revenue recognition and flexible billing options, ranging from timesheeting and project billing to contract and subscription management. Gain real-time profitability analysis of projects with a unified ERP solution that connects projects with finance to remove revenue leakage and ensure accurate accounting.
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Manage projects from end-to-end in a single, comprehensive cloud-based suite. Collaborate across business divisions to ensure on-time and on-budget project delivery. Generate project revenue using NetSuite's flexible project billing features. Use project records to track expenses and revenues to provide real-time visibility into project profitability. All on a single source of truth.
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Move away from clunky, fragmented billing to a streamlined, strategic process. Configure SuiteBilling to manage subscription, usage and hybrid models to accurately bill revenue according to the latest standards.
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Recognise revenue according to the latest accounting standards using NetSuite's flexible and reliable Advanced Revenue Management (ARM) module. Designed to provide service companies with a comprehensive one-stop shop for all revenue streams, ARM leverages system rules to automate deferred revenue and revenue postings whilst providing full visibility of forecasted revenue.
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NetSuite's agility ensures all business specific requirements can be easily adopted and merged into the overall service process, with flexible customisation tools designed to handle the most complex of cases; from custom fields to custom coding.
Testimonial
3RP were able to put together a Fast-track implementation programme for an additional module (SuiteBilling) on our NetSuite software. Although the pressure has been high at times due to the speed of delivery required by our Board, it has been a pleasurable experience working with the 3RP team. The team are extremely responsive and committed when working on tight deadlines and always go that extra mile. Although we were delighted to meet our Go Live deadline, we also felt a slight sadness that the project had come to an end due to fact that we had built up such a good rapport with the team.