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Key Improvements in NetSuite 2024.2

| August 22, 2024 | By

As of 2024, NetSuite is actively advancing and improving its services to cater to the requirements of businesses. Take a look at some of the significant enhancements and trends the latest version features below. 

 

1. Redwood Theme

Go to Home > Set Preferences > Appearance > Activate Enable

The new Redwood Experience theme gives your NetSuite account a different look and feel. The Redwood Experience theme offers new colors, icons, and fonts for the page header, forms and lists, and dashboards.

 

 

 

2. Customer 360 (Free SuiteApp)

NetSuite Customer 360 provides you with a complete, 360-degree view of the customer, including their financial information, transaction history, and other related data.

The Customer 360 page can be accessed in the following ways:

 ■ By clicking the View Customer 360 link on Customer Record.

 ■ By clicking the Switch to Customer 360 View link on Customer Dashboard.

 

3. Benchmark 360 (Free SuiteApp)

The Benchmark 360 SuiteApp enables you to benchmark your company’s key metrics against other companies in the same industry and region to improve your performance. The SuiteApp provides a dashboard where you can view important industry benchmark data such as Top 25%, Median, and Bottom 25% for five preselected KPIs.

 

 

 

4. Text Enhance (AI)

NetSuite Text Enhance is a feature designed to assist users in creating and refining content throughout the NetSuite platform by leveraging generative AI capabilities integrated within the system. This tool utilizes data that is specific to your company and relevant to your operations, enabling you to swiftly and effortlessly produce contextualized and personalized content.

 

5. Bill Capture

This application is currently supporting only US Entities. There are other robust tools like ZoneCapture, Corpay, NetGain that cater to other countries.

About this Tool:

Enhance the speed and accuracy of vendor invoice processing by removing the need for manual data entry and fully automating the invoice capture workflow. NetSuite Bill Capture allows users to either email or drag-and-drop vendor invoices directly into the NetSuite platform. The system utilizes advanced AI/ML-driven document object detection and optical character recognition (OCR) to scan invoices into NetSuite. As a result, fields in the bill record are automatically filled with relevant information, leveraging intelligent data recognition techniques and insights gained from previous vendor invoices to boost precision.

■ You can now upload PDFs of more than 5 pages. For best performance, limit files to 30 pages.

■ Both drag and drop and emailed files that failed to upload can now be deleted. This makes it easier to locate files on the Scanned Vendor Bills Page and reduces space used in your File Cabinet.

 

6. Transaction Distribution

The Transaction Line Distribution SuiteApp provides organizations the ability to distribute expenses across different subsidiaries, classifications, custom segments, departments, locations, and accounts.

 

Conclusion

These enhancements aim to streamline processes, improve efficiency, and provide NetSuite users with a more intuitive experience. If you are interested in learning more about how Continuous Scale can help you leverage these updates to enhance your business operations, schedule a call with Continuous Scale today!