NetSuite Financial Planning provides clients with the opportunity to unify the Sales, Operations and Finance planning elements of their business with the deployment of NetSuite Planning and Budgeting as an integrated component alongside their existing NetSuite ERP implementation. By providing a single engine to drive planning, NetSuite Planning and Budgeting (NSPB) allows each stakeholder to develop the plans and forecasts in a manner relevant to them e.g.:

• Sales may develop plans at the customer/item level or plan at higher levels with statistical broken down detailed levels that can:
  • Provide Sales budgets by customer or by product in quantity and dollar terms for analysis against actual data as time passes.
  • Provide Operations with data to develop inventory plans.
  • Provide Finance with Revenue Budgets (from Sales) and COGS (from Operations).

Some of the benefits for organisations who implement this integrate ERP and Planning system include:

• Integrate, digitalise and streamline your end-to-end planning processes.
• Improve the speed to develop budgets.
• Improve accuracy of data through the planning process.
• Improve accuracy of data entry using.
• Provide accurate top down and bottom-up calculations.
• Track Segments and drivers in one integrated system.
• Built in tools to allow creation of “What-if” cases, built in prediction tools based on previous performance.
• Built in tools to allow creation of “What-if” cases, built in prediction tools based on previous performance.

Track daily, weekly, monthly, quarterly and yearly performance with integrated NetSuite ERP data.

The Webinar covers:

• Overview of NetSuite Financial Planning
• Solution Capabilities including:
  • Planning and Reporting.
  • Sales comparative data by customer, product, qty and profitability.
  • Operations by product lines actual inventory holdings vs Planned.
  • Financial reporting (P&L, Balance Sheet) across lines of business, departments, locations.
• Interactions between NSPB and NetSuite.
• A demonstration of the capabilities.

*This Webinar is presented with a Live Demo and Q & A. Watch it now.

The effective management of client credit has always been a core task in most businesses and now in the Covid-19 world, its importance is more significant by far.

AVT will demonstrate how to use NetSuite’s Suiteflow module to streamline and automate critical Credit Management functions and some of the analysis tools that can further aid Credit Management to keep the lifeblood of the organisation pumping at the desired rate.

The Webinar will cover:

Setup and Operation

• Credit Limit Approval Processes
• Order Management Impact of Credit Control
• Automated Reminders with Escalation
• Automated Alerts to Sales Reps and their managers

Reporting and Analysis Tools

• Accounts Receivable related KPI’s
• Approvals Processing Time
• Overdue Levels
• Average Collection Times

All the relevant data in NetSuite is constantly monitored and the workflows can be set to react immediately or on a timed basis.
This webinar will provide the attendee a practical insight into the ease of use and power that SuiteFlow puts at their fingertips.

AVT’s Innovations to Invoice Collection

AVT will also demonstrate it’s Present and Pay solution with its revolutionary approach to making it easy for customers to make a payment.

NetSuite Advanced Inventory is a module designed for wholesale distribution and manufacturing companies looking to improve their warehousing operations and the planning of their inventory levels.

The Module includes:
Functions that enable the client to move to more sophisticated warehousing without needing to take the significant leap into a Full WMS implementation, with:

• Advanced Bin Management with settings by Item/Warehouse for preferred and associated bins.
• Options to automate Bin Putaway.
• Simple Bin-to-Bin movement recording.

Linking of Serial/Lot Tracked inventory details with Bins
The setting of inventory levels is improved through the use of:

• Safety Stock.
• Reorder Point.
• Preferred Inventory.
• Lead Time from Vendors.

This Webinar discussed and demonstrated the warehousing and inventory management features of this module and more.

This webinar provides an overview of the benefits and capabilities of NetSuite’s Advanced Bills of Material Capabilities. The module is a great improvement for users who have complex bills of materials, revision management issues and BOM variations connected to the location of the manufacture.

The session is going to cover:

• • • Standard vs Advanced Functionality
    • Advanced Features Presentation
    • Use Cases Presentation
    • Migration Options / CSV Imports

AVT is confident that senior and operational managers will gain great value from this webinar.

This webinar provides an overview of the benefits and capabilities of NetSuite’s Advanced Bills of Material Capabilities. The module is a great improvement for users who have complex bills of materials, revision management issues and BOM variations connected to the location of the manufacture.

The session is going to cover:

• • • Standard vs Advanced Functionality
    • Advanced Features Presentation
    • Use Cases Presentation
    • Migration Options / CSV Imports

AVT is confident that senior and operational managers will gain great value from this webinar.

NetSuite provides excellent functionality on the continuous update of costs for materials and the Bill of Materials functionality easily permits the inclusion of labour and consumable costs. It does not, however, provide for detailed analysis of a manufactured item’s cost structure.

AVT’s Manufacturing Costing Analysis tool remedies this by providing:

• • • Multi-level BOM costing
    • Component Level details
    • Materials, Labour and Other costs analysis
    • Support for NetSuite Basic and Advanced Bills of Material
    • Excel export capability

This solution is of significant value to manufacturing businesses dealing with complex BOMs and situations where the product configuration varies order by order.

Reconciling the Good Receive Not Invoiced has long been a challenge for businesses busily receiving inventory or services with:

• Purchase order lines delivered in part or in full
• Vendor bills that may or may not match the PO or the Delivery
• Price variations between the PO and the Bill

This Webinar Exciting features include:

• Demonstrate AVT’s recommended leading practice for the processing of Item Receipts, Vendor Bills
• How to review and ensure that the account is properly reconciling using:
  1. AVT’s custom Saved Search
  2. T’s custom Transaction Reports
  3. Take away the stress and mystery that is often involved in running the “Post Vendor Bill Variances”
• Take away the stress and mystery that is often involved in running the “Post Vendor Bill Variances”

Netsuite has included in Release 2019.2 new functionality to assist staff responsible for the reconciliation of bank accounts and credit cards.

This webinar will provide those staff members with a detailed overview of this functionality and how it can be deployed to improve efficiency, productivity and compliance.

Exciting features include:

• • • Structured file formats that go beyond simple CSV
    • Automatic matching of Bank Account numbers in the Bank File to the relevant Netsuite Bank Account
    • Matching rules that can be applied to imported transactions using a variety of criteria
    • Simplified manually matching
    • Ability to create single records for new charges, deposits and journals
    • And more……