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Streamline resource allocation and project planning

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Services Resource Planning

What Is NetSuite SRP?

NetSuite SRP (Services Resource Planning) is a comprehensive solution designed specifically for service-based businesses to manage their projects, resources, and finances more effectively. It integrates key functionalities such as project management, resource allocation, time and expense tracking, and financial management into a unified platform. By providing visibility into all aspects of project delivery and resource utilization, NetSuite SRP helps organizations streamline operations, optimize resource use, and ensure timely and profitable project completion.

With NetSuite SRP, businesses can enhance their project management capabilities by planning and tracking project milestones, budgets, and performance in real-time. The solution also facilitates accurate billing and revenue recognition through seamless integration with financial management tools. This integrated approach enables service organizations to improve project profitability, manage client expectations more effectively, and achieve better financial outcomes.

Features

Project Management

Determine project costs, budgets, and profitability with real-time visibility. Actionable insights enable easy issue resolution, ensuring improved project completion, client satisfaction, and billable work hours.

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Project Management

Resource Management

Maximize resource utilization by matching skills and availability to projects. Real-time access to resources’ profiles ensures optimal project staffing

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Resource Management

Project Accounting

Automate complex billing processes to ensure accurate and timely client invoicing. Gain a comprehensive view of project financials tied to the general ledger.

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Project Accounting

Timesheet Management

Streamline timesheet submission and approval with integrated project management and billing. Employees can submit timesheets anytime, anywhere, with notifications and intuitive dashboards for tracking approval progress.

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Timesheet Management

Project Delivery and Billing

Access powerful, configurable dashboards for real-time project monitoring. Identify performance issues and projects needing attention quickly.

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Project Delivery and Billing

Expense Management

Customize expense management rules and streamline approval processes. Employees can upload receipts via mobile devices, while managers can approve expenses on the go.

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Expense Management
Increased Productivity

Benefits

  • Improved Resource Utilization
    Optimizes resource allocation and minimizes bench time
  • Increased Productivity
    Enables anytime, anywhere access for employees
  • Reduced Bench Time
    Ensures resources are properly matched to projects
  • On-Time Project Delivery
    Provides visibility to help meet project timelines
  • Accurate Invoicing
    Automates complex billing rules and revenue calculations
  • Streamlined Revenue Recognition
    Supports standardized revenue recognition processes

Services

Resources

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Frequently asked questions

What is the primary benefit of NetSuite SRP?

How does NetSuite SRP improve resource utilization?

How does NetSuite SRP streamline revenue recognition?

  • NetSuite SRP automates revenue calculations and ties every transaction to a general ledger account, providing a complete view of a project’s financial health. This ensures streamlined revenue recognition and accurate financial reporting.

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Reach out to us today to speak with one of our experts and discover how NetSuite SRP Software Solutions can transform your business

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