Oracle AI

AI capabilities embedded across the suite help boost productivity and give leaders an edge by helping them analyze data faster and generate unique insights that drive better decision-making.

The AI Advantage

What is Oracle NetSuite Cloud ERP

NetSuite embeds AI functionality throughout the system to better support your daily workflows. AI can offer new ways to simplify tasks, suggest actions, and uncover business insights that result in more informed and better decisions.

NetSuite Text Enhance enables us to provide a better experience for our team and ultimately, our clients. For example, Text Enhance helps our clients efficiently generate compelling item descriptions and job descriptions. It has already proven to be a huge time-saver for our team, and we look forward to benefiting further from the expanded capabilities.

David Lindmeir

CEO, Foretopia

Learn How NetSuite Oracle AI Can Streamline Your Business

NetSuite Oracle AI combines the power of artificial intelligence and machine learning with NetSuite’s cloud-based business management platform to help companies make smarter, faster decisions. With built-in AI capabilities, NetSuite can automate routine tasks, predict trends, and provide real-time insights into key business areas such as finance, operations, and customer management. Oracle AI enhances forecasting accuracy, improves efficiency, and uncovers hidden patterns in your data. By leveraging AI-driven recommendations and analytics, businesses can optimize processes, reduce costs, and stay competitive in an increasingly dynamic market.

AI Assistant Capabilities: Helping You Accomplish More

Invoice Processing

NetSuite Bill Capture helps reduce the time your accounting team spends entering invoice data by using AI-based document object detection and optical character recognition (OCR) technology to scan invoices into NetSuite.

Content Generation

NetSuite Text Enhance uses generative AI to increase employee productivity by automating the creation and refinement of content such as sales emails, purchase orders, and product descriptions in NetSuite.

Financial Anomaly Detection

NetSuite Financial Exception Management helps to increase efficiency and mitigate risk by continuously scanning financial data to identify and flag anomalies and recommends corrective actions.

Analytics Assistant

NetSuite SuiteAnalytics Assistant retrieves information from SuiteAnalytics Workbooks and creates reports and charts with SuiteAnalytics and generative AI via a natural language interface.

NetSuite Cloud ERP Features

Accounting Software

Gain a more complete picture of your business — on demand and in real-time. Preconfigured role-based dashboards, reports and KPIs deliver tailored, detailed insights into company performance for improved decision-making. Generate accurate financial statements and reports that comply with US GAAP, IFRS and other accounting standards.

Financial Management

Expedite daily financial transactions, accelerate the financial close process and ensure compliance. Get a complete, real-time view of your business’s financial performance, from a consolidated level down to individual transactions.

Global Business Management

NetSuite OneWorld helps companies manage global operations, including multiple currencies, taxation rules and reporting requirements, across geographies and subsidiaries, all while providing real-time financial consolidation and visibility.

Enterprise Performance Management

NetSuite Enterprise Performance Management brings together planning, budgeting, forecasting, account reconciliation, financial close, and reporting processes from across the entire organization.

Inventory Management

Automate the management of your inventory. Keep inventory costs low while meeting customer delivery expectations. NetSuite delivers tools for tracking inventory in multiple locations, determining reorder points, managing replenishment and optimizing safety stock.

Order Management

Streamline order processing by eliminating manual bottlenecks, preventing errors and establishing a smooth flow from sales quote to order fulfillment. The result: timely invoicing and payment.

Supply Chain Management

Where an item is produced or stored shouldn’t keep a business from meeting customer needs. NetSuite eases the process of moving goods or materials through an extended supply chain.

Warehouse Management

Optimize warehouse operations with RF-device-directed putaway and picking tasks, driven by customized, user-defined strategies and advanced capabilities like wave management, cartonization, cycle count planning, real-time inventory updates and shipping system integrations.

Procurement

Buy goods and services at the best price and in a timely manner. Save time, reduce costs and improve visibility into spending and vendor performance by centrally managing procurement. Ensure clear communication throughout the procure-to-pay process.

AI Advisor Capabilities: Delivering Expert Insights and Analysis

Predictive Planning

NetSuite Planning and Budgeting applies AI-based analysis to large datasets to improve predictions about future performance and their impact on your company. Add detailed AI-generated commentary and narratives to reports.

Data Discovery

NetSuite Analytics Warehouse turns to AI to help unveil patterns, opportunities, and relationships from various sources of data; explain key findings with generative AI-created chart summaries, and identify key drivers of revenue growth. Through conversational interactions, Oracle Analytics AI Assistant answers user questions on data patterns by generating text narratives and visualizations.

Forecast Explanations

Predictive forecast explanations in NetSuite Planning and Budgeting help finance teams increase forecast accuracy and confidence, improve business understanding, and rapidly take action by enabling them to quickly and easily understand the key factors behind AI-generated forecasts.

Recommendations

NetSuite Intelligent Item Recommendations uses AI to provide personalized product recommendations during the sales process by leveraging data on customer purchase history and buying patterns to increase average order size and order frequency.

Faster Time to Value

NetSuite has packaged the experience gained from tens of thousands of worldwide deployments over two decades into a set of leading practices that pave a clear path to success and are proven to deliver rapid business value. With NetSuite, you go live in a predictable timeframe — smart, stepped implementations begin with sales and span the entire customer lifecycle, so there’s continuity from sales to services to support.

How Much Does
NetSuite ERP Cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost? Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users — that’s the beauty of cloud software. Get started now with Industry Editions of NetSuite ERP that include accounting capabilities and modules to address industry-specific needs.

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