Oracle NetSuite Project Management Cloud Service offers a comprehensive suite of features
designed to help businesses manage their projects effectively. Here are some key features
included in this service:
1. Project Management and Collaboration
Project Planning: Create detailed project plans with tasks, milestones, and
dependencies.
Task Management: Assign tasks to team members, track progress, and set deadlines.
Gantt Charts: Visualize project timelines and dependencies.
Collaboration Tools: Enable team collaboration through project workspaces, discussion
threads, and document sharing.
2. Resource Management
Resource Allocation: Assign resources based on availability, skills, and project
requirements.
Resource Scheduling: Optimize resource utilization and manage workload balancing.
Time Tracking: Track and approve timesheets for accurate project time management.
3. Financial Management
Budgeting and Forecasting: Create project budgets, forecasts, and compare them
against actuals.
Expense Management: Track and manage project-related expenses and billable/non-
billable costs.
Invoicing and Billing: Generate project invoices based on time and expenses, fixed fees,
or milestones.
4. Reporting and Analytics
Project Reporting: Generate real-time reports on project status, financials, and
performance metrics.
Dashboards: Customize dashboards to display key project metrics and KPIs.
Analytics: Utilize built-in analytics to gain insights into project performance and
resource utilization.
5. Integration and Automation
ERP Integration: Seamlessly integrate with NetSuite ERP for financial and operational
data synchronization.
Automation: Automate routine project management tasks such as notifications,
approvals, and updates.
APIs: Access robust APIs for custom integrations with other business systems and
applications.
6. Project Portfolio Management
Portfolio Management: Manage multiple projects within a portfolio, prioritize projects,
and allocate resources effectively.
Project Prioritization: Assess and prioritize projects based on strategic alignment, ROI,
and resource capacity.
Program Management: Oversee and coordinate related projects within a program to
achieve broader business goals.
7. Client and Stakeholder Management
Client Collaboration: Provide clients with access to project status, deliverables, and
progress reports.
Stakeholder Management: Manage communication and expectations with internal and
external stakeholders.
Client Billing: Handle client-specific billing arrangements, including retainers, fixed
price, and time and materials.
8. Mobile Access
Mobile App: Access project management tools and information via mobile devices to
stay updated on the go.
Mobile Timesheets: Submit and approve timesheets through the mobile app.
These features provide a comprehensive toolset for managing projects from initiation to
completion, ensuring that businesses can achieve their project goals efficiently and effectively.
Oracle NetSuite SuiteProjects, the project management module within the NetSuite platform,
includes a robust set of features designed to help organizations manage projects effectively from
inception to completion. Here are the key features included in NetSuite SuiteProjects:
1. Project Management and Planning
Project Templates: Use customizable templates to streamline the creation of new
projects.
Project Work Breakdown Structure (WBS): Define the scope of the project by
breaking it down into smaller, manageable components.
Task Management: Assign tasks to team members, set deadlines, and monitor progress.
Gantt Charts: Visualize project timelines, tasks, and dependencies with interactive Gantt
charts.
Milestones and Deliverables: Set and track key milestones and deliverables to ensure
project goals are met.
2. Resource Management
Resource Allocation: Assign resources to projects based on availability, skills, and
project needs.
Resource Utilization: Monitor and optimize the utilization of resources across projects.
Scheduling and Calendars: Manage resource schedules and project calendars to avoid
conflicts and ensure efficient resource use.
3. Time and Expense Management
Timesheet Management: Track and manage time spent on projects with detailed
timesheets.
Expense Tracking: Capture and track project-related expenses for accurate billing and
reporting.
Mobile Time and Expense Entry: Allow team members to enter time and expenses on-
the-go using mobile devices.
4. Financial Management
Budgeting and Forecasting: Create and manage project budgets and forecasts,
comparing them against actuals.
Billing and Invoicing: Generate invoices based on project time, expenses, and
milestones.
Revenue Recognition: Automate revenue recognition in compliance with accounting
standards (e.g., ASC 606/IFRS 15).
5. Collaboration and Communication
Project Workspaces: Centralized workspaces for project teams to collaborate and share
documents.
Communication Tools: Built-in tools for messaging and discussions to enhance team
collaboration.
Client Access: Provide clients with access to project updates, reports, and deliverables.
6. Reporting and Analytics
Project Dashboards: Customizable dashboards displaying key project metrics and KPIs.
Real-time Reporting: Generate real-time reports on project status, financials, and
performance.
Advanced Analytics: Leverage built-in analytics to gain insights into project
performance and make data-driven decisions.
7. Integration and Automation
NetSuite ERP Integration: Seamless integration with NetSuite ERP for unified financial
and project management.
Workflow Automation: Automate routine project management tasks such as approvals,
notifications, and updates.
Custom Integrations: Access APIs for custom integrations with other business systems
and applications.
8. Project Portfolio Management
Portfolio Management: Manage a portfolio of projects, prioritize them, and allocate
resources effectively.
Program Management: Oversee and coordinate related projects within a program to
achieve strategic objectives.
Project Prioritization: Assess and prioritize projects based on strategic alignment,
resource capacity, and ROI.
9. Compliance and Security
Role-based Access Control: Define and enforce access controls based on user roles to
ensure data security.
Audit Trails: Maintain detailed audit trails of project activities for compliance and
accountability.
Regulatory Compliance: Ensure compliance with industry regulations and standards.
These features provide a comprehensive solution for managing projects across various industries,
enabling organizations to achieve their project goals efficiently while maintaining control over
resources, timelines, and budgets.
