NetSuite Glossary

NetSuite HCM (Human Capital Management) is a comprehensive solution for managing employee data, payroll, and performance. It helps organizations streamline HR processes and improve employee engagement.

Key Features:

• Centralized employee records for easy access
• Automated payroll processing
• Performance management tools

This system is essential for businesses looking to enhance their HR capabilities and foster a positive workplace culture.

NetSuite PSA (Professional Services Automation) is designed for service-based businesses to manage projects, resources, and billing efficiently. It provides tools for project management, time tracking, and expense management.‍

Advantages:

• Improved project visibility and control
• Automated billing processes
• Resource optimization for better profitability

This solution helps businesses deliver projects on time and within budget, enhancing overall service delivery.

NetSuite eCommerce is a powerful platform that enables businesses to create and manage online stores. It integrates seamlessly with NetSuite ERP and CRM, providing a unified solution for managing sales and inventory.

Features:

• Customizable storefronts to enhance user experience
• Real-time inventory management
• Multi-channel selling capabilities

This platform is ideal for businesses looking to expand their online presence and streamline their eCommerce operations.

NetSuite CRM is a customer relationship management tool that provides a 360-degree view of customer interactions. It helps businesses manage sales, marketing, and customer service in one platform.

Features:

• Customizable storefronts to enhance user experience
• Real-time inventory management
• Multi-channel selling capabilities

This tool is essential for businesses looking to improve their customer relationships and drive sales growth.

NetSuite ERP is a comprehensive cloud-based enterprise resource planning solution that helps businesses manage their core operations. It integrates various functions such as finance, inventory, and order management into a single system.

Key Features:

• Real-time visibility into business performance
• Automated financial processes
• Scalable to meet business growth

This system is designed to streamline operations and improve efficiency, making it a popular choice for companies of all sizes.