LAS VEGAS, April 2, 2019 /PRNewswire/ -- SUITEWORLD
2019 – To give customers instant visibility into
performance and facilitate real-time decision making, Oracle
NetSuite today announced a new planning and budgeting cloud service
that is integrated within NetSuite. The new SuiteSuccess for
Planning and Budgeting Cloud Services are industry cloud solutions
that enable organizations of any size to implement a world-class
planning and budgeting solution that tracks performance against
real-time planning and is tailored to their distinct industry
requirements in as little as 30 days.
"The pace of business today means that planning can no longer be
solely based on historical data or generic, one-size-fits-all
templates and instead it needs to be living and breathing process
that is integrated into daily operations, designed for distinct
industry use cases and constantly updated with real-time
performance data and insights," said Gary
Wiessinger, SVP of Product Management, Oracle NetSuite. "To
meet this demand and help organizations of all sizes improve
decision making, our new Planning and Budgeting Cloud Services are
integrated within NetSuite and include leading practices and models
that are purpose built for individual industries. This combination
clearly sets it apart from competitive solutions and enables our
customers to achieve faster time to value."
The new Planning and Budgeting Cloud Services (PBCS) integrate
planning and budgeting capabilities within NetSuite and support all
market segments with starter editions and extended capabilities for
larger organizations. This enables organizations of all sizes to
facilitate company-wide and departmental planning with modeling
capabilities, approval workflows and reporting within one
collaborative and scalable solution. With PBCS, customers can gain
immediate insights into the state of business plans by using
intuitive and easy-to-create dashboards and reports that are
instantaneously refreshed using in-memory calculations and fast
aggregations. This enables customers to improve:
- Forecasting: PBCS enables customers to forecast for
complex business what-if scenarios by using ad-hoc scenario
modeling, sandbox and predictive features.
- Collaboration: PBCS enables customers to collaborate
across the enterprise or with specific groups of users using
data-driven, dynamic approvals powered by a state-of-the-art
workflow process.
- Planning Models: PBCS enables customers to define
planning models for a specific line of business or create unified
models for the company as a whole.
- Navigation: PBCS enables customers to create navigation
flows that are tailored for groups of users based on their usage
needs. For example, sales planners, expense planners, financial
analysts, executives, etc. can all have their own navigation
flows.
PBCS is available in seven industry editions, including
warehouse distribution, manufacturing, marketing and advertising
agency, software, retail, services and nonprofit. It is part of
SuiteSuccess, a unified and pre-configured industry cloud solution
that is built on industry leading practices. By combining deep
domain knowledge with pre-built KPIs and dashboards, SuiteSuccess
helps customers achieve the benefits of the cloud in as little as
45 days.
About Oracle NetSuite
For more than 20 years, Oracle
NetSuite has helped organizations grow, scale and adapt to change.
NetSuite provides a suite of cloud-based applications, which
includes financials / Enterprise Resource Planning (ERP), HR,
professional services automation and omnichannel commerce, used by
more than 16,000 customers in 203 countries and dependent
territories.
For more information, please visit http://www.netsuite.com.
Follow NetSuite's Cloud blog, Facebook page and @NetSuite
Twitter handle for real-time updates.
About Oracle
The Oracle Cloud offers a
complete suite of integrated applications for Sales,
Service, Marketing, Human Resources, Finance, Supply Chain and
Manufacturing, plus Highly Automated and Secure Generation 2
Infrastructure featuring the Oracle Autonomous Database. For
more information about Oracle (NYSE: ORCL), please visit us
at oracle.com.
Trademarks
Oracle and Java are registered trademarks
of Oracle and/or its affiliates.
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SOURCE Oracle NetSuite