Transform Your Professional Services Business with NetSuite

Professional services firms face unique challenges—managing clients, projects, and finances seamlessly. ForeTopia specializes in helping businesses like yours implement and optimize NetSuite, the #1 cloud ERP. Gain real-time visibility, automate workflows, and improve profitability with our expert guidance tailored for professional services firms.

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If you are looking for a NetSuite partner, or if you’re still learning how NetSuite can benefit your manufacturing business, call our NetSuite consultants at 801-810-5989.

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Explore some key features of NetSuite that empower professional services firms to streamline operations, optimize resources, and drive profitability. Discover how these tools can transform your business today.

Project Management

NetSuite’s project management tools provide end-to-end visibility into project timelines, resource allocation, and profitability. Track milestones, budgets, and deliverables in real-time to ensure projects stay on track and within budget. Automated reporting and dashboards make it easy to manage multiple projects simultaneously.
For an architecture firm, NetSuite allows seamless coordination between design, drafting, and construction phases. Track time spent on design iterations, manage contractor schedules, and monitor costs to deliver exceptional results to clients on time.

Resource Management

Optimize resource allocation with NetSuite’s resource management features. Gain real-time insight into team capacity and skills, and assign the right resources to the right projects. Minimize downtime and maximize billable hours by streamlining resource planning.

A marketing agency can use NetSuite to match specific client needs with employees’ skill sets. Whether assigning a graphic designer for branding or a strategist for ad campaigns, the firm can ensure efficient and profitable resource usage.

Time & Expense Tracking

NetSuite simplifies time and expense tracking for professional services teams. Employees can log billable hours and submit expenses directly into the system, ensuring accurate invoicing and cost control. Integrate this data seamlessly with payroll and accounting for streamlined financial operations.

A law firm can track billable hours for each attorney, associate, or paralegal, linking this data to specific cases. Ensure timely client billing and a clear view of profitability for ongoing legal projects.ut resource allocation.

Financial Management

NetSuite’s robust financial management capabilities include accounts receivable, accounts payable, general ledger, and budgeting tools. Automate recurring transactions, gain insights through financial reporting, and ensure compliance with industry regulations.

A consulting firm can use NetSuite to manage complex billing arrangements, such as retainers or milestone-based payments, ensuring cash flow remains steady while maintaining client satisfaction.

Billing & Invoicing

Streamline complex billing cycles with NetSuite’s automated invoicing capabilities. Generate accurate invoices based on project milestones, billable hours, or recurring contracts. Reduce manual errors and get paid faster with integrated payment options.

An IT services firm providing subscription-based software support can automate monthly invoices for clients, reducing administrative work and maintaining consistent cash flow.

Advanced Analytics & Reporting

Make data-driven decisions with NetSuite’s advanced analytics. Customizable dashboards provide actionable insights into KPIs, project profitability, and financial performance. Real-time reporting ensures you have the information you need, when you need it.

An HR consulting firm can monitor which services—like talent acquisition or training programs—are the most profitable and adjust offerings accordingly to align with client demand.

Customer Relationship Management (CRM)

Manage client relationships effectively with NetSuite’s integrated CRM. Track interactions, manage pipelines, and improve client retention. Stay on top of client needs with automated reminders and targeted marketing campaigns.

An accounting firm can use NetSuite CRM to track tax preparation deadlines for clients, send personalized reminders, and upsell additional financial planning services.

Global Financial Management

NetSuite supports multi-currency and multi-subsidiary management, making it ideal for firms with international clients. Automate currency conversions, comply with local tax regulations, and consolidate financial data across regions for a unified view.

Example:
A global management consulting firm can use NetSuite to handle client accounts in multiple currencies while ensuring compliance with regional tax codes, simplifying cross-border operations.

Workflow Automation

Automate repetitive tasks with NetSuite’s workflow automation. Reduce manual errors and save time by creating custom workflows for approvals, data entry, and notifications. Increase productivity across all business processes.

An event planning firm can automate workflows for client approvals, supplier payments, and schedule updates, ensuring smooth event execution with minimal administrative effort.

Professional Services Automation (PSA)

NetSuite PSA provides a comprehensive suite of tools tailored for service-based firms. From project planning to financial management, PSA integrates all aspects of service delivery into a single platform. Improve collaboration, increase efficiency, and maximize client satisfaction.

An engineering firm can use PSA to align its project teams, track deliverables, and ensure projects are completed within scope and budget, improving both profitability and client outcomes.