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Oracle NetSuite Announces Updates to Help Organizations Grow

NetSuite New Updates
NetSuite New Updates

Source: NetSuite

Oracle NetSuite recently announced that a series of updates and innovations were coming to its platform to help organizations adapt to change and take advantage of growth opportunities. This update includes new automation, insight, and efficiency tools designed to help organizations streamline and improve their financial, inventory, and operational management capabilities. The news was released alongside the debut of NetSuite On Air Power Up, a virtual event series running from April 13-15.

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Oracle Netsuite is a global provider of services for organizations in over 20 industries who need help growing, scaling, and adapting to changes in their industry of choice. The company provides its customers with an integrated system equipped with features to improve enterprise resource planning (ERP), financials, inventory management, analytics, HR, professional services automation, accounting, omnichannel commerce, and more.

The innovations coming to the NetSuite platform include smart financials, operational automation, automated inventory management, and a suite of analytics and insights capabilities. Each of these updates comes with several built-in features that will help companies improve spend management, increase productivity, consolidate purchases across multi-subsidiary organizations, optimize the packing process, and enhance warehouse management with better wave picking, tally scans, cart put-away, and label printing functionalities.

Evan Goldberg, the EVP of Oracle Netsuite, gave the following statement on the announcement: “All organizations have gone through seismic changes, and while obstacles remain, opportunities are growing. We want to give our customers the tools needed to embrace these opportunities with confidence and optimism. The latest updates to the NetSuite platform enhance the financial, inventory management, automation, and analytics capabilities so that our customers can maximize operational performance and accelerate growth.”

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