Time tracking is an important part of any business. It is the key for managers to know how time is used and from there to make appropriate management and decisions. Recording this time is usually pretty straightforward, and it has the potential to lead to many improvements in areas like team productivity, easier invoicing, and ensuring that projects go on budget. In this article, we would like to introduce a tool that supports time tracking and resource management, which is NetSuite OpenAir.
Overview of NetSuite OpenAir
NetSuite Openair by NetSuite is a cloud solution that helps manage the entire project delivery process. Users do not need to use spreadsheets or other easily disconnected devices to plan and track project activities and manage resources, NetSuite OpenAir can cover these tasks thanks to real-time visibility and anytime, anywhere access to information and tools to delight customers and ensure profitability, including reports and dashboards, time tracking and resources, project and expense management, and advanced invoicing.
This Professional Service Automation (PSA) software is designed for tracking projects. It will keep your organization’s requirements in mind while offering powerful tools for allocating and managing resources, tracking costs, invoicing customers, and customizing reports.
Features and Benefits of NetSuite OpenAir for Time Tracking and Resource Management
First of all, NetSuite OpenAir helps to improve the profitability of the project thanks to the analysis tool that makes it easy for businesses to update and report on the status of the project to optimize pricing, payout rates, and overall profits. This leading cloud solution helps administrators boost resource management and achieve accurate financial projections. It seamlessly connects project activities to the company’s finances to improve cash flow and ensure accurate accounting and billing throughout the project’s lifecycle. The system will automate the entire cost management cycle, including expense reporting, submission, and approval, and integrate costs with project accounting and invoicing systems.
Along with that, this OpenAir software allows mobile access, so companies can easily update project status and capture detailed time and cost information anywhere. This also supports omnichannel businesses or stores wishing to expand.
Using this support tool from NetSuite helps to track the time of a project. Therefore, businesses can easily estimate the necessary resources to complete effectively. Furthermore, they can streamline project billing and invoicing by ensuring accurate accounting and billing throughout the implementation process. From there, the organization can easily measure profitability and ensure compliance with financial standards.
Notably, this software solution supports from time tracking to resource management through employee timesheet management and connecting to inventory management tools. This gives brands adequate and appropriate deployment of resources for projects.
ConnectPOS is a leading cloud point-of-sale (POS) system that provides management support features. This solution can integrate directly and seamlessly with NetSuite in general and NetSuite OpenAir software in particular. This brings many benefits to organizations and brands to easily implement highly profitable projects. It provides powerful centralized data and accurate reporting tools. The company can use this system to achieve the desired business effect.
In short, NetSuite OpenAir is a great tool for businesses to track time and manage resources. If you need to connect with this solution quickly, contact us.