NetSuite OpenAir Professional Services Automation (PSA), is a professional services automation software which supports management of professional services within service based organizations including both service-based companies, and services divisions within product based companies. NetSuite OpenAir PSA can be easily integrated with any ERP software available in ERP ecosystem.
NetSuite OpenAir PSA supports the entire professional services delivery lifecycle with a powerful cloud-based suite which helps in project management, resource management, expense tracking, time tracking, advanced billing and project accounting. NetSuite’s OpenAir software supports real-time visibility and anytime access to the tools and information you need.
Key Features of NetSuite OpenAir
Flexible Invoicing: PSA supports project invoice automation, viewing real-time outstanding balance on an invoice and also helps in integrating project accounting with general ledger.
Automation of Revenue Recognition Processes: Recognize revenue according to its unique schedule and guidelines, leverage revenue recognition that’s separate from project billing to support how your organization measures profitability.
Easy setup of Projects: OpenAir facilitates easy set up projects using project templates, and flexible project duplication options can be used to create new projects from templates and flexibly assign resources.
Complete project tracking using customized charts: View the entire project plan with an easy-to-read chart and get a comprehensive real-time snapshot of project status — down to the task level.
Automate Project-Level Revenue Recognition Processes: Recognize revenue according to its unique schedule and guidelines, leverage revenue recognition that’s separate from project billing to support how your organization measures profitability.
Monitor Project Profitability: Monitor and report on summary and detail project-level accounts including project profitability metrics and project budget versus actual in real time using easy-to-read graphs and reports.
Key Benefits of NetSuite OpenAir
Optimize Resource Management: Drag-and-drop resource management allows managers to quickly assign the right resource with the best costs to deliver projects on time and improve margins.
Project Financial Management: Connect project activities with company financials to ensure accurate accounting and billing throughout the project lifecycle.
Track Skills and Availability: Increase resource utilization and manage and deploy resources to projects based on employee’s skills, interests, experience and availability.
Deliver Projects on Time and Within Budget: Project managers and team members can collaborate on projects and maintain current and accurate project status at all times, allowing managers to proactively identify and resolve potential threats and gain accurate insights into expenses.
Real-Time visibility into All Resources: Increase utilization and reduce reliance on subcontractors by easily identifying and assigning consultants who are on the bench or on another team.
Revenue Recognition: Recognize revenue separate from project billing to support exactly how your organization measures profitability and ensure compliance with financial standards.
NetSuite OpenAir gives you the ability to collect real-time information about any project either directly using NetSuite ERP database or through other ERP integrated with NetSuite OpenAir
NetSuite OpenAir has outstanding functionalities to enable business success. The success of NetSuite OpenAir implementation depends on several factors including the most important one as error-free implementation and ability to provide support post the implementation goes live.
Upaya has worked on more than 700 successful NetSuite implementation projects. Working with Upaya’s team, you get direct access and interaction with our team of NSuite experts that has over 10 years of experience in handling such crucial and result-driven projects.
We offer services on NSuite implementation, optimization, administration, SCA implementation, and allied services. If you wish to know the perfect recipe for success of your project and want to get support from us in implementing the NetSuite OpenAir software at your organization, you can fill the form displayed on right side.
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