What Is NetSuite OpenAir?
Are you tired of managing your company’s projects, finances, and resources using different software systems? Do you find it hard to keep track of multiple spreadsheets and manually input data? If so, you’re not alone.
That’s where NetSuite OpenAir comes in. This cloud-based professional services automation (PSA) solution can help you streamline your business processes, increase productivity, and gain better insights into your operations.
Here’s what NetSuite OpenAir is, its key features, and how it can benefit your business.
What Is NetSuite OpenAir?
NetSuite OpenAir is a cloud-based professional services automation (PSA) software designed to help businesses manage their projects, resources, and finances. It’s a product of Oracle NetSuite, a global cloud computing company that offers various business management software solutions.
What Is Netsuite Openair Used For?
Touted as NetSuite’s “most complete solution on the market,” OpenAir enables organizations to plan, track, and manage their project portfolios from inception to completion. It offers project accounting, time and expense tracking, resource management, billing and invoicing, and more.
With its intuitive user interface and flexible reporting capabilities, NetSuite OpenAir can help businesses improve operational efficiency, increase profitability, and drive better decision-making.
NetSuite OpenAir vs. SuiteProjects
NetSuite OpenAir and SuiteProjects are project management solutions that NetSuite offers. While both are designed to help businesses manage projects more efficiently, they have a few key differences.
NetSuite OpenAir is a cloud-based PSA software that offers 24/7 access from any device. It’s recommended for service delivery organizations (consulting, accounting, engineering) and provides advanced automation for managing project budgets, timelines, and team collaboration.
NetSuite SuiteProjects is NetSuite’s default PSA software. While it doesn’t have all the bells and whistles of OpenAir, you’ll have everything you need to run your business in one place when combined with NetSuite’s CRM, HR, and ERP systems.
So, which solution is right for your business? Ultimately, the answer depends on your specific needs and industry. If you’re a professional services firm looking for a comprehensive PSA with robust financial management capabilities, NetSuite OpenAir may be your best choice. On the other hand, if you want PSA that’s tightly integrated with NetSuite’s ERP system, SuiteProjects might be the better option.
NetSuite OpenAir Benefits
Whether you have an international business, want to integrate NetSuite’s PSA with enterprise systems, or are looking for advanced functionalities or customizations, OpenAir has you covered. Its top benefits include:
1. Improved Project Management
One of the key benefits of NetSuite OpenAir is its comprehensive project management capabilities. The software enables project managers to plan, track, and manage their work effectively — providing real-time visibility into project status, resource utilization, and financial performance.
This can help your organization complete everything on time, within budget, and to the required quality standards.
2. Near Limitless Configuration
OpenAir offers virtually infinite customization options that can be easily scaled up or down to meet the changing needs of your business. One of the best parts about the software is it doesn’t need custom coding — everything is available out of the box.
3. It’s a Global Solution
OpenAir is essential if you run an international business. Unlike SuiteProjects, it supports global service pools, multi-currency needs, multi-subsidiaries, multi-taxation requirements, and multi-languages. As a result, users can easily bill the proper currency, time zone, and tax requirements for time spent working on a project.
NetSuite OpenAir also provides a centralized platform for communication, document sharing, and feedback, improving collaboration across internal teams and external stakeholders.
4. Integration With Enterprise Systems
With OpenAir, businesses can use cloud-based PSA for any business function, regardless of whether they use NetSuite. OpenAir doesn’t have to just integrate with NetSuite — it can easily connect to both front and back-office systems.
Integrating OpenAir with your existing systems can help improve revenue, automate tedious manual processes, and provide accurate reporting and decision-making.
5. Increased Financial Visibility
NetSuite OpenAir provides real-time visibility, allowing organizations to monitor project costs, track expenses, and manage billing and invoicing. You can also separate revenue types, handle complex expense management, and automatically convert foreign currencies.
Additionally, one of the software’s more unique functionalities allows employees to submit expenses through the app or web browser on any mobile device. You can even snap a picture of receipts to add as expenses.
NetSuite OpenAir Cost
The price of NetSuite OpenAir depends on your business’s requirements and is typically based on the number of users, the modules and features you choose, and your desired level of customization.
To get a more accurate estimate for NetSuite OpenAir, contact NetSuite directly or work with a licensed NetSuite provider, like SCS Cloud. We can work with you to understand your needs and give you a customized pricing quote.
Gain Real-Time Insights with NetSuite OpenAir
Overall, NetSuite OpenAir is a powerful PSA solution that provides a range of benefits to businesses.
Want to learn more? Contact our cloud software experts to set up a free consultation. We can walk you through NetSuite’s PSA or, if you’re ready to implement it, help you get started today.