Phase 1 of 14

Discovery

Understanding the business is the foundation of every successful NetSuite implementation. This phase establishes the requirements, processes, and constraints that will guide all subsequent decisions.

Chapter 1.1

Implementation Methodologies

Choosing the right approach sets the tone for the entire project. The methodology you select affects timelines, budgets, stakeholder expectations, and ultimately, success.

The Three Primary Approaches

NetSuite implementations typically follow one of three methodologies, each with distinct advantages depending on organizational culture, project complexity, and risk tolerance.

Methodology Best For Timeline Risk Profile
Waterfall Well-defined requirements, regulatory compliance, risk-averse organizations 6-12+ months Lower risk of scope changes; higher risk if requirements were wrong
Agile Evolving requirements, tech-savvy users, organizations comfortable with iteration 3-6 months initial; ongoing sprints Flexible but requires engaged stakeholders
Hybrid Most NetSuite implementations; balances structure with flexibility 4-9 months Best of both worlds when executed well

Waterfall Approach

The traditional waterfall methodology moves through sequential phases: Discovery → Design → Build → Test → Deploy. Each phase completes before the next begins, with formal sign-offs at each gate.

When to Use Waterfall

  • Regulatory requirements demand comprehensive documentation and audit trails
  • Fixed budgets require predictable costs and timelines
  • Stable requirements that are unlikely to change significantly
  • Large organizations with formal change management processes
  • Complex integrations with external systems that require coordinated releases

Waterfall Risks

  • Requirements gathered months before go-live may no longer reflect business needs
  • Users don't see the system until late in the project, leading to surprise issues
  • Changes late in the project are expensive and disruptive
  • Long timelines can result in stakeholder fatigue and turnover

Agile Approach

Agile implementations work in short sprints (typically 2-4 weeks), delivering working functionality incrementally. Users see and test the system continuously, providing feedback that shapes subsequent sprints.

When to Use Agile

  • Evolving requirements in fast-changing business environments
  • Engaged stakeholders who can commit time for regular feedback
  • Technical teams comfortable with iterative development
  • Startups and growth companies that prioritize speed to value

Agile Risks

  • Scope can expand without discipline ("just one more sprint")
  • Requires significant stakeholder time commitment
  • Documentation may suffer if not explicitly prioritized
  • Budget unpredictability if sprints keep adding

Hybrid Approach (Recommended)

Most successful NetSuite implementations use a hybrid approach: start with waterfall-style discovery and design, then apply agile principles during build and testing.

Discovery (Waterfall)
Design (Waterfall)
Build (Agile Sprints)
Test (Agile)
Deploy (Waterfall)

This approach provides:

  • Upfront clarity on scope, budget, and timeline from structured discovery
  • Flexibility during build to adapt as users see the system
  • Controlled deployment with formal cutover and go-live procedures
💡 Consultant Insight

The hybrid approach works because it acknowledges reality: clients don't fully know what they want until they see it. Structured discovery prevents scope explosion, while agile build allows refinement. The key is setting clear boundaries on what can change during sprints (configuration, UI) versus what requires formal change control (core processes, integrations).

Project Governance

Regardless of methodology, establish governance structures before the project begins.

Essential Governance Elements

  • Steering Committee: Executive sponsors who make strategic decisions and resolve escalations. Meet monthly or at phase gates.
  • Project Team: Day-to-day decision makers including project manager, functional leads, and technical leads. Meet weekly.
  • Change Control Board: Evaluates and approves scope changes. Can be the steering committee for smaller projects.
  • Communication Plan: Who receives what information, how often, through which channels.
🎯 Decision Point: Methodology Selection
Waterfall
Choose if: regulated industry, fixed budget, stable requirements, formal organization
Agile
Choose if: startup/growth company, engaged stakeholders, evolving requirements, technical culture
Hybrid
Choose if: you need structured discovery but flexibility in execution (most implementations)

Timeline Expectations

Set realistic expectations based on organization size and complexity.

Company Profile Typical Duration Key Factors
Small (1-50 employees, single entity) 3-4 months Simple chart of accounts, few integrations, standard processes
Medium (50-500 employees, 1-3 entities) 4-8 months Custom workflows, multiple locations, some integrations
Large (500+ employees, multi-subsidiary) 9-18 months Complex consolidation, many integrations, global operations
Enterprise (multi-national, complex manufacturing) 18-36 months Phased rollout, extensive customization, multiple go-lives
⚠️ Common Mistake

Compressing timelines to meet arbitrary deadlines (fiscal year end, funding milestones) is the single most common cause of implementation failure. It's better to launch a month late with a stable system than on time with critical issues. Build buffer into your timeline.

Chapter 1.2

Stakeholder Analysis

Identifying the right people—and understanding their motivations—is critical. Implementations succeed or fail based on people, not technology.

Stakeholder Categories

Every implementation involves multiple stakeholder groups with different needs, concerns, and levels of influence.

Category Role in Project Primary Concerns Engagement Approach
Executive Sponsors Fund the project, remove obstacles, make strategic decisions ROI, timeline, risk, business outcomes Monthly updates, executive dashboards, escalation path
Project Champion Internal advocate who drives adoption Success visibility, career advancement, solving real problems Daily/weekly collaboration, recognition, empowerment
Subject Matter Experts Provide deep knowledge of current processes Being heard, not disrupting their work, practical solutions Structured interviews, validation sessions, respect for expertise
End Users Use the system daily after go-live Ease of use, not losing functionality, job security Training, involvement in UAT, quick wins
IT Team Technical implementation, integrations, ongoing support System stability, supportability, documentation Technical deep-dives, architecture reviews, knowledge transfer

The Stakeholder Matrix

Map stakeholders by their level of influence and interest to determine engagement strategy.

High Influence Low Influence
High Interest Manage Closely
CFO, COO, Project Champion
Regular 1:1s, involve in decisions
Keep Informed
Power Users, Department Leads
Regular updates, feedback channels
Low Interest Keep Satisfied
CEO, Board Members
High-level updates, escalation only
Monitor
Occasional Users
Training, go-live communication

Identifying the Project Champion

The most critical stakeholder is often not the most senior. The Project Champion is the internal advocate who will drive adoption from within.

Ideal Champion Characteristics

  • Respected by peers — people listen when they speak
  • Understands the business — deep knowledge of how things actually work (not just how they should work)
  • Embraces change — sees the new system as an opportunity, not a threat
  • Has time — can dedicate 50-100% of their capacity to the project
  • Communicates well — can translate between technical and business language
✅ Pro Tip

The best project champions are often senior individual contributors or managers who know the operational details, not executives. Look for the person everyone goes to when they have a question about how things work.

Handling Resistance

Resistance is natural. Understanding its sources helps address it constructively.

Common Sources of Resistance

  • Fear of job loss: "If the system automates my work, what will I do?"
    Address by: Emphasizing that automation handles grunt work, freeing them for higher-value activities.
  • Loss of expertise: "I spent 10 years mastering this system. Now I'm a beginner again."
    Address by: Positioning them as the expert who helps design the new process.
  • Bad past experiences: "We tried this three years ago and it was a disaster."
    Address by: Acknowledging the past, explaining what's different this time.
  • Lack of involvement: "Nobody asked me what I need."
    Address by: Including them in requirements gathering and validation.
  • Workload concerns: "I don't have time for this on top of my regular job."
    Address by: Getting executive support for backfilling or reducing other responsibilities.
⚠️ Red Flag: The Silent Saboteur

Watch for stakeholders who verbally agree but don't engage: miss meetings, delay providing information, find excuses not to test. Address this early through direct conversation and executive involvement if needed. Silent resistance is more dangerous than vocal opposition.

Building the Project Team

The core project team should include representatives from each functional area affected by the implementation.

📋 Minimum Project Team Roles
Executive Sponsor — Provides authority and removes obstacles
Project Manager — Coordinates activities, manages timeline and scope
Finance/Accounting Lead — Owns chart of accounts, GL, financial reporting
Operations Lead — Owns order management, inventory, fulfillment
IT/Technical Lead — Owns integrations, data migration, customizations
Functional SMEs — Subject matter experts for each business area
💡 Consultant Insight

For self-implementers: you may wear multiple hats, but still identify who is accountable for each area. Even if the same person handles finance and operations, document that explicitly. The worst implementations happen when accountability is ambiguous.

Chapter 1.3

Requirements Gathering

Effective requirements gathering is part detective work, part therapy. Your job is to uncover what people actually need—which is often different from what they say they want.

The Requirements Hierarchy

Not all requirements are equal. Use the MoSCoW framework to prioritize:

Priority Definition Example Implication
Must Have Cannot go live without this Generate invoices, post to GL Non-negotiable; blocks go-live if missing
Should Have Important but workaround exists Automated approval workflows Target for go-live; can defer if needed
Could Have Nice to have if time permits Custom dashboard portlets Phase 2 candidate
Won't Have Explicitly out of scope for now Mobile app for field sales Document for future; prevents scope creep
⚠️ The 80/20 Rule

80% of requirements typically emerge in the first 20% of discovery time. The remaining 20% of requirements—often the edge cases and exceptions—take 80% of the time. Plan accordingly. Don't declare discovery "complete" too early.

Interview Techniques

Structured interviews with stakeholders are the foundation of requirements gathering. Prepare thoroughly and listen more than you talk.

Before the Interview

  • Review any existing documentation (process maps, procedures, org charts)
  • Understand the person's role and what they're likely to care about
  • Prepare open-ended questions that invite explanation, not yes/no answers
  • Schedule 60-90 minutes; shorter sessions often just scratch the surface

Effective Questions

  • "Walk me through a typical day." — Reveals actual workflows and pain points
  • "What's the hardest part of your job?" — Surfaces frustrations and opportunities
  • "Show me how you do that." — Observation reveals more than description
  • "What happens when [X] goes wrong?" — Uncovers exception handling
  • "If you could change one thing, what would it be?" — Reveals priorities
  • "What would make this system successful for you?" — Defines success criteria

During the Interview

  • Take detailed notes or record (with permission)
  • Ask "why" to understand underlying needs, not just stated wants
  • Probe on exceptions: "What percentage of time does the standard process apply?"
  • Ask for examples of documents, reports, and artifacts
  • Note emotional reactions—frustration or enthusiasm signals importance
✅ The "Five Whys" Technique

When someone states a requirement, ask "why" up to five times to get to the root need. "I need a custom field for order priority" → Why? "So I know which orders to ship first" → Why? "Because some customers have SLAs" → Why does that matter? "Late shipments incur penalties" → Root need: Avoid SLA penalties through prioritized fulfillment.

Documentation Standards

Requirements must be documented in a way that's clear, testable, and traceable throughout the project.

Requirement Attributes

Each requirement should include:

  • ID: Unique identifier for traceability (e.g., REQ-FIN-001)
  • Category: Functional area (Finance, Sales, Inventory, etc.)
  • Description: Clear statement of what's needed
  • Priority: MoSCoW classification
  • Source: Who requested this and why
  • Acceptance Criteria: How will we know it's done?
  • Dependencies: Other requirements or configurations this depends on

Writing Testable Requirements

Good requirements can be tested. Compare:

  • Poor: "The system should be fast."
  • Better: "Order entry screens should load in under 3 seconds."
  • Poor: "Users need good reporting."
  • Better: "Users can generate an aged receivables report by customer with drill-down to invoices."

Common Requirements by Area

Use these as prompts during discovery to ensure comprehensive coverage.

Financial Requirements

  • Chart of accounts structure and mapping from legacy
  • Multi-currency requirements and exchange rate sources
  • Intercompany transactions and elimination entries
  • Revenue recognition rules (ASC 606 compliance)
  • Financial reporting requirements and close procedures
  • Audit trail and compliance requirements
  • Tax calculation and reporting requirements
  • Bank reconciliation and payment processing

Operational Requirements

  • Order-to-cash workflow and approval requirements
  • Fulfillment processes (pick, pack, ship)
  • Returns and credit memo handling
  • Procure-to-pay workflow and three-way matching
  • Inventory management (locations, bins, lot/serial)
  • Pricing rules and promotions
  • Customer credit management

Technical Requirements

  • Integration requirements (what systems, what data, what frequency)
  • Data migration scope and historical data retention
  • User access and security requirements
  • Performance requirements (transaction volume, concurrent users)
  • Disaster recovery and backup requirements
  • Customization requirements (scripts, workflows, SuiteApps)

Requirements Validation

Never assume requirements are complete after initial gathering. Validate through multiple rounds.

Validation Techniques

  • Walkthrough Sessions: Present documented requirements back to stakeholders for confirmation
  • Process Simulations: Walk through scenarios in the current system to verify understanding
  • Cross-Functional Reviews: Have different departments review each other's requirements for conflicts
  • Gap Review: Compare requirements to NetSuite's native capabilities
💡 Consultant Insight

Schedule a formal requirements sign-off meeting before moving to design. Have stakeholders literally sign a document agreeing that requirements are complete. This creates a baseline for change control. Any new requirements after sign-off go through formal change management—they're not automatically in scope.

Chapter 1.4

Business Process Mapping

Before you can improve processes, you must understand them. Process mapping reveals how work actually flows—not how it should flow or how the org chart suggests it flows.

Current State vs. Future State

Document both where you are and where you're going.

Current State ("As-Is")

Document how processes work today, including:

  • Actual steps performed (not documented procedures, but reality)
  • Systems and tools used at each step
  • Handoffs between people or departments
  • Decision points and branching logic
  • Pain points and bottlenecks
  • Exceptions and workarounds
  • Approximate time for each step

Future State ("To-Be")

Define how processes will work in NetSuite:

  • Streamlined steps that eliminate redundancy
  • NetSuite transactions and records used
  • Automation opportunities (workflows, scripts)
  • New approval and control points
  • Integration touchpoints
  • Metrics and visibility improvements
ℹ️ Don't Pave the Cow Path

Resist the temptation to replicate current processes exactly in NetSuite. The goal is improvement, not replication. Ask: "Why do we do it this way?" If the answer is "because the old system required it," that's a candidate for redesign.

Core Business Processes

Every organization has these fundamental process flows. Map each one relevant to your implementation.

Order-to-Cash (OTC)

Lead/Opportunity
Quote/Estimate
Sales Order
Fulfillment
Invoice
Payment

Key questions: How do orders enter the system? What approvals are required? How is inventory allocated? When do you invoice—at shipment or on a schedule?

Procure-to-Pay (PTP)

Requisition
Purchase Order
Receipt
Vendor Bill
Payment

Key questions: Who can create POs? What approval limits exist? Do you do three-way matching? How do you handle partial receipts?

Record-to-Report (RTR)

Transaction Entry
GL Posting
Reconciliation
Adjustments
Close
Reporting

Key questions: What's your close timeline? What reconciliations are required? Who can post journal entries? What reports go to executives?

Process Documentation Formats

Choose the format that best fits your organization's culture and complexity.

Swim Lane Diagrams

Show process steps organized by who performs them. Excellent for:

  • Visualizing handoffs between departments
  • Identifying bottlenecks at transition points
  • Clarifying role responsibilities

Flowcharts

Traditional process flow with decision diamonds. Good for:

  • Complex branching logic
  • Exception handling paths
  • Technical documentation

Narrative Procedures

Step-by-step written instructions. Best for:

  • Training materials
  • Standard operating procedures
  • Audit documentation
✅ Tool Recommendation

For NetSuite implementations, swim lane diagrams work particularly well because they map naturally to NetSuite's role-based structure. Create one row for each role, and process steps fall into their corresponding lanes.

Identifying Pain Points

During process mapping, actively look for opportunities to improve.

Common Pain Point Categories

  • Manual Data Entry: Same information keyed into multiple systems
  • Paper-Based Steps: Physical signatures, printed forms, manual filing
  • Waiting/Delays: Approvals stuck in queues, batch processing delays
  • Rework: Errors requiring correction downstream
  • Workarounds: Spreadsheets outside the system, shadow processes
  • Lack of Visibility: "I don't know the status of my order"
  • Compliance Gaps: Controls that exist on paper but aren't enforced

For each pain point, document:

  • What is the issue?
  • How frequently does it occur?
  • What is the impact (time, money, risk)?
  • What causes it?
  • How might NetSuite address it?
Chapter 1.5

Gap Analysis

Gap analysis compares what you need against what NetSuite provides out of the box. The goal is to identify where configuration, customization, or process change is required.

The Gap Resolution Hierarchy

When a requirement doesn't match native NetSuite functionality, you have options. Always start at the top and work down.

Approach Description Cost/Effort Maintenance
1. Change the Process Adapt your business to NetSuite's design Low None (native)
2. Native Configuration Use built-in preferences, custom fields, forms Low Low
3. SuiteFlow Workflow No-code/low-code automation Medium Medium
4. SuiteApp (Bundle) Third-party solution from marketplace Medium-High Low (vendor maintains)
5. SuiteScript Custom Custom code development High High (you maintain)
⚠️ The Customization Trap

Every customization adds maintenance burden, upgrade risk, and complexity. Before approving custom development, ask: "Is this requirement truly unique to our business, or are we just used to doing it a certain way?" Many customization requests evaporate when stakeholders see how NetSuite handles the scenario natively.

Conducting Gap Analysis

Work through each requirement systematically.

Step 1: Map Requirement to NetSuite Feature

For each requirement, identify which NetSuite feature or module addresses it. This requires solid NetSuite product knowledge.

Step 2: Assess Fit

Categorize the fit:

  • Full Fit: NetSuite handles this exactly as required
  • Partial Fit: NetSuite handles most of it; minor configuration or workaround needed
  • Gap: NetSuite doesn't address this natively

Step 3: Define Resolution

For each gap, determine the resolution approach using the hierarchy above.

Step 4: Estimate Effort

For configuration and customization items, estimate the effort required.

Gap Analysis Template

Req ID Requirement Fit Resolution Effort Priority
FIN-001 Multi-level approval for POs over $10K Partial SuiteFlow workflow 8 hours Must Have
OPS-015 Barcode scanning for receiving Gap SuiteApp: RF-SMART Vendor Should Have
REP-003 Custom commission calculation Gap SuiteScript custom 40 hours Must Have

Build vs. Buy Decision

When a gap requires significant functionality, evaluate whether to build a custom solution or purchase a SuiteApp.

🎯 Build vs. Buy Decision Factors
Build
Unique competitive advantage, unusual requirements, need full control, have internal development capacity
Buy
Common business problem, vendor has domain expertise, faster time to value, ongoing vendor support/updates

Evaluating SuiteApps

  • Built for NetSuite: Is it a native SuiteApp or a connector to external software?
  • Vendor Track Record: How long have they been in the NetSuite ecosystem?
  • Customer References: Can they provide references in your industry?
  • Support Model: What's included? Response time SLAs?
  • Upgrade Path: How do they handle NetSuite version upgrades?
  • Total Cost: License fees, implementation, training, ongoing support
💡 Consultant Insight

The SuiteApp marketplace has matured significantly. For common needs like advanced shipping, EDI, expense management, and warehouse management, buying usually beats building. Reserve custom development for truly unique business logic that differentiates your organization.

Chapter 1.6

Industry Discovery

Every industry has unique requirements, terminology, and best practices. This chapter provides discovery guidance specific to each major vertical.

Select your industry below to see specific discovery considerations, key questions to ask, and common requirements patterns.

🏭 Manufacturing

Manufacturing implementations center on production planning, inventory management, and cost accounting. The complexity varies significantly based on production model.

Key Discovery Questions

  • Production Model: Make-to-stock, make-to-order, engineer-to-order, or mixed?
  • BOM Complexity: How many levels deep are your bills of materials? Do you have phantom assemblies?
  • Routing Requirements: Do you need to track labor and machine time by operation?
  • Costing Method: Standard, average, FIFO, or lot-based costing?
  • Quality Control: Do you have inspection points? Quarantine requirements?
  • Lot/Serial Tracking: Is traceability required for compliance or recalls?
  • Capacity Planning: Do you need finite scheduling and capacity constraints?

Common Requirements

  • Multi-level bill of materials with revision control
  • Work orders with WIP tracking
  • Manufacturing routing with labor and overhead allocation
  • Standard cost variance reporting
  • Lot and serial number traceability
  • MRP for demand planning
  • Shop floor integration or data collection

NetSuite Modules to Consider

  • Manufacturing: Work orders, assemblies, routing (included in Manufacturing edition)
  • Advanced Manufacturing: WIP, work centers, finite scheduling
  • Quality Management: Inspection, non-conformance tracking
  • Demand Planning: MRP, supply planning

📦 Wholesale / Distribution

Distributors focus on inventory velocity, multi-warehouse operations, and margin optimization. Success depends on efficient order processing and accurate inventory.

Key Discovery Questions

  • Warehouse Structure: How many warehouses? Do you need bin-level tracking?
  • Drop Ship: What percentage of orders ship directly from vendors to customers?
  • Special Orders: Do you order items specifically for customer orders?
  • Pricing Complexity: Customer-specific pricing? Volume discounts? Contract pricing?
  • Vendor Management: Multiple vendors per item? Vendor performance tracking?
  • Returns: What's your returns volume and process complexity?
  • EDI: Do customers require electronic document interchange?

Common Requirements

  • Multi-location inventory with transfer orders
  • Advanced pricing (price levels, quantity breaks, customer-specific)
  • Drop ship and special order automation
  • Pick/pack/ship workflows with barcode scanning
  • Landed cost tracking for imports
  • Vendor performance and lead time management
  • EDI integration with major trading partners

NetSuite Modules to Consider

  • Advanced Inventory: Bins, lot/serial, multi-location
  • WMS: Mobile warehouse management, wave picking
  • Demand Planning: Reorder points, supply planning

🛍️ Retail

Retail requires omnichannel inventory visibility, high transaction volumes, and sophisticated promotional pricing.

Key Discovery Questions

  • Channels: What sales channels? Physical stores, e-commerce, marketplaces?
  • POS Integration: What point-of-sale system? Real-time or batch sync?
  • E-commerce Platform: What platform? Order and inventory sync requirements?
  • Promotions: How complex are your promotional rules? BOGO, tiered discounts?
  • Gift Cards: Do you issue and redeem gift cards?
  • Customer Data: Loyalty programs? Customer segmentation?
  • Transaction Volume: Orders per day? Peak season multipliers?

Common Requirements

  • Real-time inventory visibility across channels
  • Promotional pricing rules and marketing campaigns
  • POS integration with daily settlement
  • E-commerce integration (Shopify, Magento, BigCommerce)
  • Marketplace integration (Amazon, eBay)
  • Matrix items for size/color variants
  • Gift card liability tracking

NetSuite Modules to Consider

  • SuiteCommerce: Native e-commerce platform
  • POS Integration: NSPOS or third-party connectors
  • Promotions: Advanced promotional pricing

💻 Software / SaaS

Software companies, especially SaaS, require subscription billing, revenue recognition compliance (ASC 606), and metrics-driven reporting.

Key Discovery Questions

  • Revenue Model: Subscription, perpetual license, consumption-based, or hybrid?
  • Billing Frequency: Monthly, annual, multi-year? Billing in advance or arrears?
  • Revenue Recognition: Over time or point in time? How do you handle multiple performance obligations?
  • Renewals: Auto-renewal process? Renewal team workflow?
  • Usage Metering: Do you bill based on usage? How is usage data captured?
  • SaaS Metrics: MRR, ARR, churn, CAC, LTV requirements?
  • Professional Services: Do you sell implementation or consulting services?

Common Requirements

  • Subscription billing with proration and mid-term changes
  • ASC 606 compliant revenue recognition
  • Automated renewal processing
  • SaaS metrics dashboard (MRR, ARR, churn, expansion)
  • Customer success/health scoring integration
  • Professional services project billing
  • Deferred revenue and contract liability management

NetSuite Modules to Consider

  • SuiteBilling: Subscription and usage billing
  • Advanced Revenue Management: ASC 606 compliance
  • SaaS Metrics (2025.2): Native MRR/ARR tracking
💡 2025.2 Update: SaaS Metrics

NetSuite 2025.2 introduces native SaaS metrics with the SaaS 360 Dashboard, providing MRR, ARR, churn, and CAC calculations directly within SuiteAnalytics.

💼 Professional Services

Services organizations bill for time and expertise. Resource utilization and project profitability are key metrics.

Key Discovery Questions

  • Billing Model: Time and materials, fixed price, retainer, or mixed?
  • Time Tracking: How do employees track time? What approvals exist?
  • Resource Planning: How do you schedule resources to projects?
  • Project Types: Client projects, internal projects, R&D? How are they tracked differently?
  • Expense Management: Billable vs. non-billable expenses? Expense approval workflow?
  • Revenue Recognition: Percentage of completion? Milestone-based?
  • Utilization Targets: How do you measure and report on utilization?

Common Requirements

  • Project management with budgeting and actuals
  • Time tracking with approval workflows
  • Expense reporting with project allocation
  • Resource scheduling and capacity planning
  • Project billing (T&M, fixed price, milestone)
  • Revenue recognition (percentage of completion)
  • Utilization and profitability reporting

NetSuite Modules to Consider

  • SuiteProjects: Project management and resource planning
  • Advanced Project Profitability: Detailed cost tracking
  • Time and Expense: Employee time and expense entry

🤝 Nonprofit

Nonprofits require fund accounting, grant management, and donor relationship tracking with strict compliance requirements.

Key Discovery Questions

  • Fund Structure: How many funds do you track? How do they interact?
  • Grant Management: Do you have government grants with specific reporting requirements?
  • Donor Management: How do you track donors, campaigns, and giving history?
  • Restricted Giving: How do you track temporarily and permanently restricted funds?
  • Allocation: How do you allocate expenses across programs and grants?
  • Board Reporting: What financial reports does the board require?
  • Form 990: What data do you need for annual 990 filing?

Common Requirements

  • Fund accounting with restriction tracking
  • Grant management with budget tracking
  • Donor management and acknowledgment letters
  • Campaign and appeal tracking
  • Expense allocation across programs
  • Statement of Functional Expenses reporting
  • Form 990 data extraction

NetSuite Modules to Consider

  • SuiteSuccess for Nonprofits: Pre-configured for nonprofit needs
  • Nonprofit Financial Management: Fund accounting features
  • CRM: Donor relationship management

🏥 Healthcare

Healthcare organizations face strict regulatory requirements, complex billing scenarios, and compliance mandates.

Key Discovery Questions

  • Organization Type: Hospital, clinic, medical device, pharma, services?
  • Compliance Requirements: HIPAA, FDA, state regulations?
  • Revenue Cycle: Insurance billing, patient responsibility, collections?
  • Inventory: Medical supplies, devices, pharmaceuticals with lot/expiration?
  • Audit Requirements: What audit trails and controls are mandated?
  • Interoperability: Integration with EMR/EHR systems?
  • Document Management: Retention requirements for financial and medical records?

Common Requirements

  • HIPAA-compliant data handling and access controls
  • Lot tracking with expiration date management
  • Audit trails for regulatory compliance
  • Complex revenue recognition (contractual adjustments)
  • Grant and research fund tracking
  • Device tracking and maintenance schedules
  • EMR/EHR integration

NetSuite Modules to Consider

  • Compliance 360: Audit management and compliance tracking
  • Advanced Inventory: Lot tracking with expiration
  • Quality Management: Inspection and recall tracking
💡 2025.2 Update: Compliance 360 AI

NetSuite 2025.2 adds an AI-powered assistant to Compliance 360 that generates audit summaries, recommendations, and suggested next steps.