Key Features of NetSuite OpenAir for Better Project Management

1. Key Features of NetSuite OpenAir for Better Project Management In today’s fast-paced business environment, efficient project management is key to staying competitive and delivering value to clients. Professional services firms need a reliable, integrated solution to streamline project planning, execution, and delivery. NetSuite OpenAir, a cloud-based project management software, is designed to meet these needs, helping businesses optimize operations and improve project outcomes. OpenAir is an integral part of the NetSuite Professional Services suite, offering comprehensive tools for managing everything from project resource allocation to financials. Let’s explore the key features of NetSuite OpenAir that help businesses achieve better project management and drive long-term success.

2. 1. Project Planning and Tracking NetSuite OpenAir simplifies project planning by offering an intuitive interface to create, track, and adjust projects in real time. With customizable project templates and workflows, you can easily define project milestones, set deadlines, and assign tasks to the right team members. This feature helps in providing a clear roadmap for project execution, while the built-in tracking tools allow managers to monitor progress against deadlines, budgets, and client expectations. Real-time updates ensure that everyone involved has access to the latest project information, promoting collaboration and accountability. 2. Resource Management Effective resource management is critical for successful project delivery. NetSuite OpenAir’s resource management tools enable project managers to allocate resources efficiently, track time spent on tasks and avoid over-allocation or under-utilization of resources. The system allows you to view your team’s availability in real-time, helping you assign the right people to the right projects. Additionally, it helps you forecast future resource needs based on current and upcoming project demands, ensuring that your organization can respond quickly to changes. 3. Time and Expense Tracking NetSuite OpenAir allows businesses to automate time and expense tracking, reducing manual entry and ensuring accurate billing and reporting. Employees can log their work hours and expenses through an easy-to-use interface, while project managers gain visibility into time spent on specific tasks and milestones. For professional services firms, this feature is particularly beneficial, as it ensures that projects stay within budget and clients are billed correctly. NetSuite OpenAir integrates seamlessly with other financial modules of NetSuite, creating a unified system for accounting, invoicing, and reporting.

3. 4. Project Financials and Billing The financial management features of NetSuite OpenAir offer powerful tools for managing project budgets, tracking costs, and generating accurate invoices. The system allows you to create detailed financial forecasts, monitor expenditures in real-time, and adjust as necessary to keep projects on track financially. Billing is streamlined through NetSuite OpenAir, with options for milestone-based billing, time and materials billing, or fixed-price billing. The software’s integration with NetSuite Professional Services ensures that financial data is accurate and up to date across your organization, reducing errors and improving cash flow management. 5. Collaboration and Communication Tools Effective communication is essential to successful project management. NetSuite OpenAir provides a set of collaboration tools that foster seamless communication between team members, clients, and stakeholders. The system allows for shared project documents, internal messaging, and real-time notifications, ensuring that everyone is aligned on project goals and progress. By centralizing project-related information, NetSuite OpenAir helps reduce the risk of miscommunication and ensures that critical information is easily accessible to all involved parties. 6. Project Analytics and Reporting OpenAir comes with powerful analytics and reporting tools that provide deep insights into project performance. The system generates customizable reports, including resource utilization, budget vs. actuals, project profitability, and more. With real-time data at their fingertips, project managers can quickly identify potential issues, such as cost overruns or delays, and take corrective action before they become problems. These insights enable data-driven decision-making and help ensure the long- term success of projects. 7. Mobile Accessibility NetSuite OpenAir’s mobile capabilities allow team members and project managers to access project data and track time and expenses from anywhere. Whether you’re in the

4. office or on the go, the mobile app ensures that project management continues seamlessly, regardless of location. Mobile access is especially valuable for field-based teams or consultants, as it allows them to update progress, submit timesheets, and communicate with clients in real time, improving productivity and client satisfaction. 8. Customizable Dashboards NetSuite OpenAir offers highly customizable dashboards that give users an at-a-glance view of key project metrics. Project managers and executives can tailor their dashboards to show the most relevant data, such as project health, resource availability, or financial performance. These dashboards provide quick access to vital information, allowing users to monitor projects and make informed decisions quickly, ensuring that projects are always aligned with business objectives. Conclusion NetSuite OpenAir is a comprehensive solution for businesses looking to improve their project management capabilities. With powerful features like project planning, resource management, financial tracking, and real-time reporting, OpenAir provides the tools necessary to deliver projects on time, within budget, and with the highest level of client satisfaction. For businesses in the NetSuite Professional Services ecosystem, OpenAir is the ideal platform to drive efficiency, enhance collaboration, and ensure profitability across projects. With its cloud-based architecture, real-time visibility, and seamless integration with other NetSuite modules, NetSuite OpenAir is the key to transforming project management and unlocking business growth.