NetSuite Tips & Tricks: Make the Most of NetSuite's New Release

If you are a current NetSuite user, you have probably noticed a message on your home screen about NetSuite’s new release that will be rolling out soon.  NetSuite typically releases an update twice a year – once in the Spring and once in the Fall. Current NetSuite users will be automatically updated sometime in March and your specific upgrade date will be shown in the new release message window, similar to the notice below: 

This new release has some exciting changes in store including the ability to:

  • Tailor GL Processes with SuiteGL Modify the General Ledger impact of transactions to accommodate different accounting standards and practices, and create Custom Transaction Types to track industry or company-specific processes.
  • Optimize Purchasing Reduce company spend and implement more efficient procurement by using Multi-Subsidiary Vendors, Per-Subsidiary Vendor Credit Limits, RFQs, Blanket PO Approvals, and more.
  • Run Projects More Effectively Manage projects more efficiently and profitably using the Resource Allocation Grid and enhanced Project Profitability Reports.
  • and much more!

You can take a look at a detailed list of new release enhancements here.

In order to prepare for NetSuite’s new release, you can take a look at NetSuite’s Sneak Peeks, Release Notes, and Release Preview Test Plan online. You can even take a tour of the new release itself at NetSuite’s Release Preview site. NetSuite is also offering some informative new release training videos and 15 minute tour of release 2015.1.

If you are thinking your organization could use a more personalized approach to preparing for NetSuite’s new release, The Vested Group is ready to lend a hand.  Our support practice, inVESTED, can help guide you through the new release and ensure you are adequately prepared for what’s to come.  If you would like to speak with one of our NetSuite support professionals, simply submit your contact information and we will get in touch with you within 24 hours.

If you are not already a NetSuite customer but would like to learn more about what NetSuite can do for your business, The Vested Group can help you in that area as well.  Located in Texas and serving the entire United States and beyond, The Vested Group is a 5-Star Award winning NetSuite partner thanks to our dedicated and experienced team of NetSuite consultants.  The Vested Group offers a full range of NetSuite implementation services including an economical self-implementation option.  Contact The Vested Group today to learn more about what NetSuite can do for you!

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