Pleasanton, CA, Feb 20, 2025
Are you ready to leverage the AI-loaded Netsuite 2025.1 to the fullest?
At dotSolved, we take a business-process-driven approach to digital transformation, ensuring businesses of all sizes maximize the value of their customized NetSuite implementations.
NetSuite, the #1 cloud-based ERP and business management software, recently released its NetSuite 2025 Release 1 update. The latest update introduces a range of advanced features designed to enhance operational efficiency. It seamlessly brings into play advanced AI capabilities, making business processes smarter and more automated.
This reflects Oracle’s commitment to providing a secure, scalable, and intelligent cloud-based ERP solution. The new enhancements are aimed at addressing the evolving needs of modern businesses, ensuring they stay competitive and future ready.
Here they are,
AI Advancements for Transforming Business Process Automation
- 1. NetSuite Narrative Reporting
- The Enterprise Performance Management (EPM) module uses generative AI to automatically generate rich narratives from transactional and financial data to gain insights into trends and variances.
- 2. AI-Driven Insights Assistant for NetSuite Analytics Warehouse (NSAW)
- Powered by the Oracle Analytics AI assistant, this feature for NSAW allows users to create charts and data visualizations by using natural language requests. The AI assistant takes customizations and data visualizations to the next level by providing responses to tailored questions and visualization requests.
- 3. NetSuite Expert for SuiteAnswers
- Leveraging the strength of AI-driven retrieval augmented generation (RAG) with Oracle Cloud Infrastructure (OCI), the tool offers concise responses to user questions by traversing a large set of help and support material.
- 4. NetSuite Prompt Studio
- A feature that enables administrators to customize AI-generated text suggestions within NetSuite, allowing them to control the format, tone, and creativity level of AI-driven content. By managing and fine-tuning prompts, businesses can ensure AI-generated text aligns with their specific needs, improving data quality and enhancing workflows.
- 5. SuiteScript Generative AI API
- With this release, SuiteCloud developers can now use generative AI models in NetSuite through an API in SuiteScript 2.1, powered by Oracle Cloud Infrastructure (OCI).The new SuiteScript n/llm module allows developers to integrate AI into NetSuite customizations and SuiteApps. They can use it to generate reports, summarize data, process text, and run natural language queries, making workflows more efficient.
Financial and Operating Integration
- 1. Enhanced Financial Institution Interconnectivity
- With a new partnership, NetSuite now connects to over 14,000 financial institutions in the U.S. and Canada through the Bank Feeds SuiteApp and leverages Open Authorization (OAuth) connections to over 700 banks, offering a secure and reliable connection that requires less re-authentication.
- 2. Advanced Subscription Management in SuiteBilling
- This functionality supports billing and revenue allocation for ancillary services and hardware before subscription services activation, thereby offering more flexibility.
- 3. Digital W-2 Access
- Netsuite SuitePeople Payroll’s most recent version enables employees to view their electronic W2 forms whenever required, all through the employee center.
New Connectors for Third-Party Integration
- 1. NetSuite Connector for Shopify
- provides hassle-free synchronization between Shopify B2B stores and NetSuite, syncing product, price, and customer information.
- 2. NetSuite Connector for Salesforce
- to unify data across NetSuite and Salesforce instances for superior data management, analysis and reporting.
- 3. NetSuite Connector for Microsoft Outlook,
- synchronizes emails, contacts, and calendar events between Outlook and NetSuite without any disruption, thus maximizing team collaboration and productivity.
Streamlining Manufacturing Operations
NetSuite 2025.1 adds new functionality to further streamline manufacturing operations, such as enhanced scheduling and automated workflows.
- 1. Manufacturing Scheduler SuiteApp
- The NetSuite Manufacturing Scheduler SuiteApp is a new solution to schedule work between different centers according to dependencies, operation duration, and personal schedules.
- 2. Auto Serial Numbering SuiteApp
- Serial numbers are automatically assigned to enhance traceability, compliance, and inventory integrity.
Supply Chain Management Upgrades
NetSuite 2025.1 includes improvements to Supply Chain Management (SCM) to enable planning effectiveness, visibility, and control of inventory and supplier management.
- 1. SCM Mobile App Enhancements
- Download files for offline access and print releases from device storage for smooth workflows.
- 2. Scoped Planning Repository Refresh
- Reduce processing time by refreshing supplies plan information based on select criteria.
- 3. Supply Planning Workbench
- Users can now filter planning data according to their preferred suppliers, enhancing decision-making efficiency.
Optimized Field Service Management Upgrades
To empower field service companies, NetSuite has announced two new features.
- 1. Automated Time Tracking
- One can now create time bills based on start and end times of each job enabling enhanced field service activity tracking and reducing billing errors.
- 2. Bulk upload
- On the mobile app, field technicians can now upload multiple files at one go instead of doing it one by one.
In conclusion,
NetSuite 2025 Release 1 offers,
- AI-driven automation
- Robust 3rd party integrations for Shopify, Salesforce, and Microsoft Outlook
- Functionalities for streamlining manufacturing operations
- Enhanced bill capture upgrades
- Supply chain management upgrades
- Optimized field service management upgrades
In order to help organizations operate more effectively, NetSuite has offered a series of AI, automation, and performance enhancements with this latest release. Businesses must investigate and utilize these new capabilities if they want to benefit from this key NetSuite upgrade.
As a trusted Oracle NetSuite Alliance Partner, has successfully delivered over 500 NetSuite projects globally, spanning a wide range of industry verticals. As a leader in the US in select verticals, we specialize in covering the breadth-and-depth of NetSuite services that include, advisory and value consulting, SuiteSuccess implementations, administration and optimization, managed support, APIs and integrations, application development and distribution, process automation, SuiteScript customizations and reports, custom workflows, data migration, and data warehousing and analytics. With decades of experience in successfully optimizing and scaling NetSuite for customers worldwide, we understand exactly what it takes to get the most out of your NetSuite.
Let’s connect.
Hemendhira M
VP, Marketing
