Energy Companies

Energy Companies

Unleash boundless innovation and empower swift, intelligent decision-making with cutting-edge cloud-based software.

Why NetSuite?

Dissolve Data Silos: Foster unity in your information management by integrating fragmented data, thereby easing the challenge of maintaining multiple disparate systems.

Embrace Flexibility: Boost your business adaptability, empowering a swift response to market fluctuations and proactive engagement with ever-changing customer demands.

Ignite Your Expansion: Rejuvenate your systems to enhance agility and expedite growth, providing your business with the momentum it needs to flourish.

NetSuite Energy Companies Product Features

Cloud-Based Real-Time Financial Management

Inclusive Accounting and Finance Solutions

  • Achieve unparalleled transparency in your integrated financial operations, bolstered by pre-designed, accounting-savvy functionalities.
  • Facilitate and process electronic transactions from your clients in a trustworthy, secure environment.
  • Accurately track, administer, and report the book value and depreciation of your organization’s fixed assets.
  • Complete fiscal periods with certainty, delivering swift and precise financial reports.
  • Assure optimal security, bolster compliance, and maintain absolute visibility into your audit trail.
  • Personalize and supervise business operations and workflows as per your requirements.
  • Gain instant insight into fiscal performance with preconfigured or tailor-made reports.


Business Impact

Instantaneous Insights and Information

Enhance business efficiency with real-time metrics and role-specific dashboards.

Confident Closure

Expedite financial closure while ensuring full compliance with relevant accounting norms.

Back Office Optimization

Minimize errors with automated procedures, reducing dependency on manual spreadsheet management.

Budgeting, Forecasting, and Management

Strategic Financial Planning

  • Design and appraise infinite “what if” scenarios juxtaposing actuals and projections, allowing for necessary forecast adjustments.
  • Institute rolling 12-month forecasts and dissect variances between actuals and projected outcomes.
  • Devise and unify driver-based plans using personalized data entry sheets, along with reusable formulas and allocation methods.
  • Offer self-guided, user-friendly reporting across the entire organization.


Business Impact

Efficiency in Planning Cycles

Promptly gather inputs and assumptions, scrutinize iterations, and present consolidated results to expedite the planning process.

Accelerated Decision Making

Delve into budgets, forecasts, and actuals to assess their real-time impact on performance, facilitating quick decision making.

Organizational Alignment

Centralize your budgeting process by combining forecast and actual data in a single location, thus ensuring a unified perspective.

Unlock a Panoramic Perspective of Your Stakeholders

Effective Customer Relationship Management

  • Handle the comprehensive lead-to-cash cycle with a cohesive toolkit at your disposal.
  • Elevate and nurture crucial relationships via a comprehensive, 360-degree view of all stakeholders.
  • Cultivate target segments for concentrated, tailored upsell and cross-sell campaigns and promotions.
  • Pinpoint and target prospects for personalized, targeted campaigns, promotions, and communications.
  • Institute tailor-made workflows and processes that align perfectly with your organization’s needs.
  • Document all activities, from initiation to completion.


Business Impact

Enhanced Customer Relationships

Experience a comprehensive understanding of your customer interactions, including sales, support cases, and financial transactions.

Streamlined Account Management

Develop a complete view of all accounts, their contacts, and related activities from a single interface.

Boosted Marketing Efficiency and ROI

Make informed decisions on your marketing investments, directing your efforts towards the most profitable avenues and donor segments.

Assert Revenue Reporting with Assured Precision

Efficient Revenue Management

  • Leverage financial intelligence to automate revenue recognition, ensuring accurate reporting in compliance with accounting standards.
  • Generate and dispatch invoices automatically at regular intervals, ensuring timeliness and accuracy.
  • Automate renewal schedules or set preemptive reminders to seize upsell and cross-sell opportunities.
  • Curate and provide the service packages tailored to specific rates and durations as per customer needs.


Business Impact

Real-Time Insights

Enhance business performance with instantaneous access to revenue-associated ending balances and recognized revenue.

Process Streamlining

Take command of recurring procedures by automating billing cycles and renewal periods, improving efficiency.

Organizational Harmony

Align all stakeholders – from sales and service representatives to finance managers and executives – under a unified system.

Comprehensive Oversight and Mastery of the Supply Chain

Effective Inventory Management and Supply Chain

  • Attain real-time, intricate visibility into crucial inventory control and supply chain management metrics.
  • Refine procurement processes via convenient online ordering and intelligent workflow routing, for enhanced efficiency.
  • Simulate how anticipated sales and purchase orders will influence inventory levels, aiding effective planning.
  • Boost collaboration across the supply chain with self-service capabilities for partners, vendors, and customers.


Business Impact

Efficient Operations

Oversee every stage of the product lifecycle, from production to retail, with an integrated manufacturing and wholesale distribution solution.

Fortified Vendor Relationships

Facilitate collaboration with suppliers, vendors, and partners through self-service access and real-time visibility, strengthening relationships.

Confident Forecasting

Predict demand with greater precision, ensuring optimal inventory levels are maintained.

Enhance Corporate Savings through Strategic Spend Management

Efficient Spend Management

  • Swiftly and effortlessly request approval for procuring goods and services.
  • Optimize recurrent procurement through negotiated terms, tiered pricing, and pre-established delivery schedules, ensuring maximum value.
  • Ensure strict adherence to purchasing thresholds and guidelines, promoting responsible spending.
  • Automate the entire procurement process, from acquisition to payment, for goods and services, for efficiency and accuracy.
  • Accept a diverse range of credit and debit cards, along with other electronic payment modes, catering to varied online payment processing needs.
  • Implement strict budget and expenditure controls to assure compliance with financial policies.
  • Boost the precision and timeliness of your timesheet and expense processes through online self-service tools.
  • Achieve real-time visibility into your organization’s spending trends, enabling effective management.


Business Impact

Expenditure Control

Automate the procure-to-pay process and enhance visibility into spending, for improved financial management.

Compliance Assurance

Configure prerequisites, authorizations, and approvals to ensure compliance with policies.

User Engagement

Facilitate system interaction through a user-friendly, intuitive interface, boosting user engagement.

Instantaneous Business Intelligence

Comprehensive Reporting and Analytics

  • Assure compliance and accommodate diverse requirements with custom reporting, easily generated and promptly delivered.
  • Craft reports and dashboards that amalgamate operational and financial data alongside key performance indicators (KPIs).
  • Examine statistical measures and results across various parameters, including departments, locations, funders/donors, and more.
  • Achieve immediate, real-time visibility for all key stakeholders, providing insights ranging from high-level summaries to underlying transactions.
  • Guarantee compliance and minimize risk with robust security measures, clear segregation of duties, and fully auditable business processes.


Business Impact

Enhanced Insights

Achieve real-time transparency into company performance across all business functions—from high-level summaries to transaction-specific details.

Unified Data View

Ensure a single, coherent version of the truth with all data consolidated in a single source, promoting data integrity.

Worldwide Business Management

NetSuite OneWorld

  • Accommodate currency, taxation, and legal compliance variations at a local level, while ensuring regional and global business consolidation and rollup.
  • Our Global CRM delivers visibility into every facet of your multinational organization, accommodating multiple languages and currencies, including forecasts and campaigns.
  • Manage inventory and fulfillment seamlessly across multiple locations.
  • Execute multi-store / multi-country / multi-site ecommerce operations with country-specific web stores and websites, all managed from a single NetSuite account.


Business Impact

Efficiency Optimization

Manage your entire global operations on a singular, unified platform, maximizing operational efficiency.

Swift Financial Closure

Significantly reduce closure times with real-time management and financial automation capabilities, ensuring timely financial reports.

Enhanced Visibility

Provide instantaneous insights across a hierarchy of subsidiaries with role-based dashboards, promoting informed decision-making.