NetSuite Release Notes 2024 Release 2

October, 2024

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Discover New Innovations Across NetSuite with 2024 Release 2

Key Highlights of NetSuite 2024 Release 2

  1. Optimize Cash Management:

    • AI-powered enhancements to NetSuite Bill Capture improve mapping logic and alert users to variances.
    • NetSuite AP Automation now supports automated vendor payments for companies with multiple US subsidiaries.
    • Cash 360 SuiteApp includes installment schedules for more accurate cash flow forecasting.
  2. Improve Subscription Management:

    • Prepay functionality in NetSuite SuiteBilling allows companies to charge in advance for services consumed over a contract period.
    • NetSuite CPQ now integrates with SuiteBilling, simplifying the configuration and quote process for companies selling both services and physical items.
  3. Warehouse and Manufacturing Excellence:

    • Manufacturing Shortage Reports can be generated quickly with the Supply 360 SuiteApp.
    • Available to Build SuiteApp shows what assemblies can be built with current inventory.
    • NetSuite WMS supports automated bin replenishment.
    • NetSuite Ship Central can automatically select cost-effective shipping methods and create return and hazardous materials labels.
  4. New Features and Enhancements:

    • Advanced Revenue Management in Configuration Mode.
    • SuiteScript 2.x Support in Custom GL Lines Plugin.
    • Localization Enhancements for Brazil, India, and Malaysia.
    • New Specialized User Roles for CRM and View and Approve functionalities.

These updates aim to enhance efficiency, accuracy, and automation across various business processes.

KeelCo is here to ensure that you and your business enjoy Suite Success with NetSuite.  Contact Support@keelcompany.com if you have any questions or are interested in learning more in how KeelCo can help.

Keel & Company

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About Jennifer Bonenfant

Keel & Company, Microsoft D365 and Business Central, Manager. Jennifer is dedicated to helping companies and organizations leverage technology to achieve their goals and drive positive change across their operations.

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