Top Benefits of implementing OpenAir for your Professional Services Organization
In this era of cut-throat competition, maximum utilization of resources and on-time delivery of projects is considered as a key to success for organizations rendering professional services. Doing this manually isn’t something viable. Organizations need to bring a cloud based solution to keep a track of projects in real-time. Among some of the most named solutions available in the market, NetSuite OpenAir is considered as the most recommended. Since it is a big investment towards your company’s success, you must be wondering how it can help your business.
In this blog, we’ll discuss the benefits of OpenAir implementation for your professional services organization. We’ll also discuss how it can offer your competitive edge and enable project managers to keep a track of projects in real time.
What is OpenAir?
Designed for service based organizations, OpenAir is a professional service automation solution that delivers real-time access to data, insights, and tools you need to run your organization.
Benefits of OpenAir Implementation for your business
1. Resource Management:
As OpenAir is a cloud based professional service automation solution, it helps you find the right resource for each and every project, regardless of their physical location. Leveraging advanced resource optimization functionality, you can ensure that the right resources are working on the right projects at the right time. OpenAir also ensures project success by allowing you to deploy resources as per project needs, employee skills, experience and availability.
2. Project Accounting:
NetSuite OpenAir comes powered with a sophisticated billing engine that ensures that clients are billed accurately and on time. OpenAir offers powerful insights to monitor and manage project revenues, expenses and profitability over the lifetime of the project.
3. Timesheet Management:
OpenAir allows users to enter timesheets and approvals online, anytime, anywhere, using a standard browser and an internet connection. Furthermore, it also delivers real-time visibility on project status and results against key deliverables. Managers can create a timesheet from scratch, duplicate the existing one, or create a custom sheet that makes the most sense for their business needs.
4. Dashboards and Reporting:
OpenAir comes packed with powerful reporting and analytical capabilities that help you analyze metrics such as resource utilization, profit margin, and project budget vs. actual. OpenAir offers unprecedented controls to super users to build powerful reports that meet specific business needs. Expense Tracking: OpenAir helps you automate and streamline the entire expense management cycle including expense reporting, submission and approval processes. Users can seamlessly track and submit expenses for rapid reimbursement and client billing. Users can submit expenses on the go with applications for the iPhone or Android available on the App Store and Google Play.
OpenAir comes with in-built tools to manage and analyze project finances effortlessly. Leveraging the project accounting functionality of OpenAir, you can calculate project profitability easily and can quickly identify and repeat the most profitable projects.
As you’re now aware of the benefits of OpenAir implementation, you can make the most out of it by collaborating with AGSuite. As a leading NetSuite solution provider, AGSuite can help you with implementation, scripting, and integration as well. You can also connect with AGSuite, if you are looking for NetSuite OpenAir Managed Support.