The AI Advantage
The Suite
As a cloud-based unified suite, NetSuite centralizes your data from all business functions to provide an ideal foundation for getting the most out of AI. Businesses that have data spread across many siloed systems, on the other hand, will need to first gather, organize, and transform that data before AI systems can make use of it.
NetSuite Data
Quality data is essential for training AI models to recognize patterns and make accurate predictions. More and newer data lets you continuously refine your algorithms, and regularly updating those models with fresh data improves accuracy and relevance. If you use NetSuite, you already have a major advantage: You have centralized, up-to-date, and accurate data on-demand at all times. And the more of the suite you use, the more powerful AI can become for your company.
Oracle
As part of Oracle, NetSuite has access to the leading AI technology, partnerships, and infrastructure capabilities of one of the world’s largest software companies. Our product development teams collaborate with Oracle’s AI experts, so we can quickly embed the latest AI capabilities into NetSuite. NetSuite runs on Oracle Cloud Infrastructure (OCI) data centers and Oracle Autonomous Database, so you have all the performance and prebuilt machine learning models needed to power AI-driven strategies.
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.
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.