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Beneath the seemingly straightforward task of moving products from one point to another lies a multitude of intricate challenges—inventory management, supply chain visibility, compliance, and accounting workflows, to name a few. To overcome these obstacles, transportation and logistics companies need to be able to process information faster and act immediately on results.
Regardless of whether you transport goods by air, land, or sea, NetSuite’s cloud-based business management suite empowers your enterprise to enhance visibility, simplify complexity, and maintain agility amidst significant transformations.
NetSuite Transportation and Logistics Product Features
Inventory and Supply Management
Control and Monitor your Outsourced Manufacturing Processes as Easily as if They were Your Own
Location irrelevances is a concept that the location a product is manufactured in, and who its manufactured by, should be completely irrelevant—you should be able to manage the production and supply of your products in the same way as if you were manufacturing them yourselves. NetSuite gives you a global view of all of your inventory, regardless of where it is and who its being consumed by.
Key Benefits
- Global, real-time view of inventory status.
- Vendor, CM and 3PL Location management.
- Full Distribution Requirement Planning (DRP) capabilities for multi-location planning.
- Easily collaborate with your supply chain partners.
Real-time Financial Management in the Cloud
Comprehensive Finance and Accounting
Gain full visibility into your integrated financials with prebuilt, accounting-intelligent capabilities.
Accept and process electronic payments from your customers in a secure and reliable manner.
Track, manage and report the book value and depreciation of your company’s fixed assets.
Close with confidence and report financials quickly and accurately.
Ensure proper security, support compliance and gain complete audit trail visibility.
Configure and monitor business processes and workflows.
Get immediate visibility into financial performance with pre-built or customized reports.
Budget, Forecast and Manage
Financial Planning
Model and evaluate unlimited “what if” scenarios between actuals and projections and update forecasts as needed.
Establish rolling 12-month forecasts and analyze variance between actuals versus project results.
Create and consolidate driver-based plans with customized data entry sheets and reusable formulas and allocation methods.
Provide self-service and easy-to-use reporting across the organization.
Report Revenue with Confidence and Accuracy
Revenue Management
Automate revenue recognition with financially intelligent capabilities to report results in accordance with accounting standards.
Automatically generate and dispatch invoices at recurring intervals on time.
Schedule renewals automatically or set reminders in advance to pursue upsell and cross-sell opportunities.
Package and offer the service you want based on the type of rates and duration needed.
Optimize Company Savings With Better Spend Management
Spend Management
Request approval to procure goods and services quickly and easily.
Optimize procurement for recurring needs with negotiated terms, tiered pricing, and pre-specified delivery schedules.
Enforce compliance with purchasing thresholds and guidelines.
From acquisition through payment, automate the complete procurement process for goods and services.
Accept a variety of credit and debit card types and other electronic forms of payment for online payment processing needs.
Establish budget and spend controls to ensure compliance with policies.
Maximize the accuracy and timeliness of your timesheet and expense processes with online self-service tools.
Gain real-time visibility into the spending trends across your organization.
FAQ
Frequently Ask Questions
NetSuite’s built-in functionality enables the support of multiple applications within a single platform, minimizing costs and boosting productivity without the additional expense of consultants to integrate each system. Additionally, NetSuite effortlessly consolidates and presents this data on clear and customizable dashboards.
NetSuite SuiteCloud Platform customization capabilities makes configuring and customizing NetSuite accessible to business users and administrators without requiring IT. By taking a visual, no-code approach to enhancing the suite to meet the unique needs of every organization. Platform customization solutions empower non-technical users with the agility to extend NetSuite virtually without limits.
NetSuite SuiteCloud Platform Customization Benefits
- Customization Made Simple. Intuitive, easy-to-use point-and-click tools for business users mean less time spent getting customizations ready for production.
- Data Organized Your Way. Organize and manage business data according to how you want your model to behave by defining custom objects like records, fields and data relationships.
- Hassle-Free Upgradability. Changes made to standard NetSuite functionality automatically work with every new product release.
- Business-User Friendly. Your users don’t require advanced technical skills to modify out-of-the-box functionality, meaning lower customization costs and reduced reliance on IT and developers.
SuiteCloud data integration technologies adapt to how your application ecosystem is designed, not the other way around. Achieve your integration objectives by leveraging standard interfaces and data formats and commonly used ISV applications including tax, vendor management and hundreds of others, all certified to work with NetSuite.
NetSuite SuiteCloud Platform customization capabilities makes configuring and customizing NetSuite accessible to business users and administrators without requiring IT. By taking a visual, no-code approach to enhancing the suite to meet the unique needs of every organization. Platform customization solutions empower non-technical users with the agility to extend NetSuite virtually without limits.
Move your business forward with cloud financials.
NetSuite CRM has enabled TMS to drive new business development and effective account management that improves customer satisfaction. Advancements in technology and changes in the way goods are bought and sold are creating both complexity and opportunity for transportation and logistics companies. Competitive international markets and an increasingly digitized omnichannel supply chain means that data-driven insights that trim costs and accelerate delivery are a must. To keep pace, transportation and logistics companies need core financials that can help them be agile and forward thinking as they navigate the constantly changing global landscape.
NetSuite SuiteFlow helps businesses maximize efficiency by automating workflow-driven tasks, from simple alerts and data input validations to complex, multistage processes. From an intuitive point-and-click interface, business users can craft and optimize responsive workflows to automate all standard and custom processes your company depends on.
You can also connect Data Connection Wizard or Microsoft Query and select the tables you would like to import into your Excel workbook.
Go to Home > Set Preferences and click the Appearance subtab to set any of the preferences in the following table.
The following fields are available, based on the features in your NetSuite account, and the permissions associated with your NetSuite role. Select a color theme for your NetSuite pages and tabs.
QuickBooks focuses primarily on financial management and functions solely as a small business accounting solution. Whereas, NetSuite offers an entire suite of enterprise grade applications that reaches well beyond the needs of accounting, finance, order management, and warehouse management. NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM, sales force automation, and eCommerce software.
The implementation of a TMS keeps companies from wasting a significant amount of time on mundane and repetitive paperwork. Technology speeds up the performance of necessary tasks and allows companies to delegate time to other aspects of the business, allowing them to do more without driving up costs.
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