NetSuite for Staffing and Recruiting Firms

Sophisticated billing and revenue automation using fixed fee, percent complete, milestones, and other payment models gives decision-makers the insight and flexibility to manage project financials with ease.

Gain a comprehensive understanding of project budgets, status, and risks with the Project Center special interface. Track project and portfolio health with AI-powered monitoring capabilities.

By combining collaborative budgeting, planning, and “what-if” modeling capabilities with core financials, NetSuite helps consulting firms refine their strategies and project execution.

With NetSuite, consulting firms can tag transactions by client, project, practice, and region and automatically post them to their general ledgers, simplifying reporting and making WIP, revenue allocation, and cost calculations more accurate.

NetSuite’s three-way matching automatically verifies supplier invoices and schedules approvals, so payments go out on time and expenses are consistently coded to the correct project for client billing.

NetSuite expedites the financial close by automatically generating period-end documents, such as project revenue schedules and journal postings. Firms can adapt to shifting financial priorities and meet reporting deadlines without sacrificing accuracy.