Oracle NetSuite has announced a new dashboard within NetSuite SuiteProjects to help services-based businesses manage their clients' projects efficiently. Project 360 provides a centralized view of key metrics, reports, statuses and resources across SuiteProjects to give project managers greater insight into vital project information.
This helps project managers minimize administrative tasks, quickly identify projects needing attention and take appropriate corrective action.
Gary Wiessinger, SVP of product management at Oracle NetSuite, says one of the biggest challenges facing services businesses is the lack of visibility into project status, budgets and forecasts, which hinders project managers' ability to gauge project health and act if needed easily.
"At NetSuite, we pride ourselves in delivering what we call 'Suiteness' for our customers, which is our unique ability to unify insights and actions across their entire business," Wiessinger says. "Project 360 is a perfect example of this by providing customers with a unified view across projects, customers, employees and financials, enabling project managers to be more proactive and take steps to keep projects on time and on budget."
![NetSuite-Project360_Screenshot_2[1][1].png](https://insightfulaccountant.com/downloads/14675/download/NetSuite-Project360_Screenshot_2%5B1%5D%5B1%5D.png?cb=5a141b10924bd2a3d8d2cad11177b17e&w={width}&h={height} "NetSuite-Project360_Screenshot_2[1][1].png")
Project 360 enhances NetSuite SuiteProjects, which combines Customer Relationship Management (CRM), HR and accounting/Enterprise Resource Planning (ERP), to provide customers with a comprehensive platform to run a services business. It brings data from across SuiteProjects into a single dashboard, giving customers a centralized view of vital project information and enabling them to monitor KPIs easily.
In addition, it decreases administrative time by allowing project managers to navigate to specific areas of the projects from one localized workspace. In addition, with Project 360, project managers can optimize:
- Project Budget Analysis: Helps understand if sufficient budget remains to complete a project by analyzing spend and allocation. In addition, Project Forecast Estimate at Completion (EAC) calculates if the project will be delivered within the original budget.
- Project Billing: Helps rectify and send invoices when necessary by displaying how much currently is billable to the client and what has yet to be billed.
- Project Profitability: Helps determine if a project is making the desired profitability based on recognized revenue and total costs to date.
- Project Resourcing: Helps understand the resources dedicated to a project by providing a "social view" (names and pictures) of the project team, a visualization of the project Gantt chart and insights into how much time each resource has spent against the total for each assignment.
- Project Health and Status: Helps quickly and easily access specific information on project health and status, including billing and revenue, budgets, resourcing and planning, and financials.
- Client Information: Gives an upfront synopsis of the client and surfaces client contact information and data.
You can find out more about Project 360 by reading the latest edition of the NetSuite blog.
About Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations grow, scale and adapt to change. NetSuite provides an integrated system that includes financials/Enterprise Resource Planning (ERP), inventory management, HR, professional services automation and omnichannel commerce used by more than 28,000 customers in 215 countries and dependent territories. Learn more at https://www.netsuite.com.
Acknowledgments and Disclosures:
Graphics and content used within this feature were derived or adapted by Insightful Accountant (in whole or part) from a press release prepared by media representatives for Oracle Corporation on behalf of Oracle NetSuite. Adapted source content published within this feature by Insightful Accountant is for educational and product promotional purposes only.
"NetSuite," "Oracle NetSuite" and "Oracle" as used herein are registered trademarks of Oracle Corporation, a publicly-traded (NYSE: ORCL) company headquartered in Austin, Texas.
Other trade names, if any, herein refer to registered trademark products held by their respective owners. They are referenced for informational and educational purposes only.
This is an editorial feature, not sponsored content. The vendor has not paid Insightful Accountant or the author remuneration of any type to be included within this feature. The article is provided solely for informational and educational purposes.