NetSuite Features
The Right NetSuite Features for Your Business
NetSuite is built around a core financial platform that you extend with modules matched to your operations. Whether you need inventory management, CRM, manufacturing, or advanced analytics, each module integrates natively — giving you a single source of truth across your business.
At SixLakes, we help train your team on the features you actually need, configured correctly for the way you work. We train across every functional area NetSuite covers.
- Financial Management — GL, AP, AR, fixed assets, multi-currency
- Order & Inventory — order management, WMS, demand planning
- Manufacturing — BOMs, work orders, MRP, production scheduling
- CRM & Commerce — pipeline, marketing, SuiteCommerce
- HR & Payroll — SuitePeople, time tracking, payroll
- Analytics & Platform — workbooks, SuiteQL, SuiteScript, workflows
Financial Management
A complete, real-time general ledger with native AP, AR, fixed assets, and multi-entity support.
General Ledger
Central accounting system for all financial transactions with multi-dimensional segmentation and real-time balances.
Accounts Payable (AP)
Manage vendor bills, payment runs, aging, and approval workflows from a single queue.
Accounts Receivable (AR)
Track customer invoices, apply payments, manage collections, and monitor aging in real time.
Fixed Assets Management
Track, depreciate, and dispose of assets using multiple depreciation methods and automated schedules.
Revenue Recognition
Automate compliant revenue recognition under ASC 606 / IFRS 15 with event-based schedules.
Multi-Currency Management
Transact and report in multiple currencies with automated revaluation and exchange rate management.
Tax Management
Calculate, track, and file tax obligations across jurisdictions with SuiteTax and third-party integrations.
Budgeting & Planning
Build and manage operating budgets at entity, department, or project level with budget vs. actual reporting.
Multi-Subsidiary Management
Manage multiple legal entities in a single account with consolidated reporting and intercompany automation.
Intercompany Management
Automate intercompany transactions, due-to/due-from balances, and elimination entries across subsidiaries.
Payment Processing
Accept credit card and ACH payments natively with integrated reconciliation and tokenized storage.
Expense Management
Capture, code, approve, and reimburse employee expenses with mobile submission and policy enforcement.
Order & Inventory Management
End-to-end order fulfillment, real-time inventory visibility, and warehouse execution in a single platform.
Inventory Management
Real-time inventory tracking across items, locations, and bins with reorder points and quantity-on-hand visibility.
Order Management
Process sales orders from entry through fulfillment and billing with configurable approval and routing rules.
Purchase Orders
Manage vendor purchase orders, receipts, and bill matching with configurable approval workflows.
Warehouse Management (WMS)
Bin-level inventory management with guided pick, pack, and ship workflows optimized for warehouse throughput.
Multi-Location Inventory
Track and transfer stock across multiple warehouses, retail locations, and distribution centers.
Demand Planning
Forecast demand using historical data and seasonal trends to optimize replenishment and reduce stockouts.
Lot & Serial Number Tracking
Full forward and backward traceability for regulated or high-value items across receipts, transfers, and sales.
Advanced Shipping
Carrier rate shopping, label printing, package tracking, and shipment confirmation built into fulfillment workflows.
Drop Shipment
Automate drop-ship purchase orders linked directly to customer sales orders with vendor confirmation tracking.
Landed Cost
Allocate freight, duties, insurance, and other costs to received items for accurate landed cost and COGS.
Return Management (RMA)
Handle customer returns with authorized RMAs, inspection workflows, and automated credit or replacement processing.
Supply Chain Management
Coordinate procurement, production, and distribution with end-to-end visibility across the supply chain.
Manufacturing
Native production planning, shop floor control, and product costing integrated with your financials and inventory.
Work Orders
Create and track production work orders with operation steps, material consumption, and status visibility.
Bill of Materials (BOM)
Multi-level BOMs with revision control, costing, and substitution support for complex assemblies.
Material Requirements Planning (MRP)
Generate demand-driven purchase and work order recommendations based on demand, lead times, and stock levels.
Assembly Management
Manage kit and assembly builds, component consumption, and yield tracking directly in NetSuite.
Routing & Scheduling
Define production routing steps, machine times, and work center capacity for more accurate scheduling.
Quality Management
Track inspection results, non-conformances, and quality holds at receiving, in-process, and finished goods stages.
Shop Floor Control
Real-time production status tracking on the shop floor with operator-facing work order views.
Product Costing
Support standard and actual costing methods with variance analysis and cost roll-up for manufactured items.
CRM & Commerce
A unified customer platform — from lead through renewal — with native ecommerce and self-service capabilities.
CRM — Sales Force Automation
Manage leads, opportunities, activities, forecasts, and pipeline in a CRM that shares data with your ERP.
Marketing Automation
Run campaigns, score leads, and automate nurture sequences with campaign-to-revenue attribution.
Customer Service Management
Track cases, manage escalations, enforce SLAs, and keep service history linked to the customer record.
Partner Relationship Management
Enable partner portals, deal registration, joint pipeline management, and channel performance reporting.
SuiteCommerce Standard
Launch a B2B or B2C web store natively connected to NetSuite inventory, orders, and customer data.
SuiteCommerce Advanced
Fully customizable commerce experience with extensible templates, APIs, and responsive frontend framework.
Customer Center
Self-service portal where customers view open invoices, submit payments, track orders, and manage their account.
Configure, Price, Quote (CPQ)
Guide reps through complex product configurations with rules-based pricing and automated quote generation.
HR & Project Management
SuitePeople and project modules bring your workforce and billable project operations into the same platform as your financials.
Project Management
Plan, track, and manage projects with tasks, milestones, dependencies, and resource assignments.
Resource Planning
Allocate staff to projects, manage utilization, and plan capacity across your services organization.
Time & Expense
Capture time entries and expense reports with project coding, approval workflows, and billing integration.
Project Accounting
Track project costs, revenue recognition, billing milestones, and profitability in real time.
SuitePeople — Core HR
Manage employee records, org charts, onboarding, compensation history, and HR data in one place.
SuitePeople — Workforce Management
Time tracking, shift scheduling, labor compliance, and absence management for hourly and salaried workers.
Payroll (US)
Native US payroll processing with automated tax calculations, direct deposit, and regulatory filings.
Performance Management
Set goals, run performance reviews, track development plans, and connect employee outcomes to business data.
Analytics & Platform
Built-in reporting, scripting, workflow, and development tools that let you extend NetSuite without leaving the platform.
SuiteAnalytics
Native saved searches, standard reports, and role-based dashboards built directly on NetSuite data.
SuiteAnalytics Workbook
Pivot-style, Excel-like analytical workbooks with drag-and-drop dimensions for self-service analysis.
SuiteQL
SQL-based query tool for building advanced, join-heavy reports across any NetSuite record type.
SuiteFlow (Workflow Automation)
No-code workflow automation engine for routing, approvals, alerts, field updates, and process automation.
SuiteScript 2.1
JavaScript-based development platform for building custom scripts, integrations, and automation logic.
SuiteCloud Development Framework (SDF)
Source-control-based development and deployment for structured, repeatable NetSuite customization releases.
Custom Records & Fields
Extend the NetSuite data model with custom record types, fields, and relationships without modifying core.
SuiteApp Marketplace
Pre-built apps, integrations, and vertical solutions available through the Oracle NetSuite SuiteApp directory.
Frequently Asked Questions
Common questions about NetSuite features and how we help clients choose and implement them.
How do I know which NetSuite features my business actually needs?
We start with a discovery process to understand your business processes, pain points, and growth plans. From there we recommend only the features that deliver clear value — not the largest possible footprint. Most companies start lean and add features as they grow.
Can we add features after the initial implementation?
Yes. One of NetSuite's core strengths is that features can be licensed and activated incrementally. Many clients go live with core financials and add CRM, WMS, or manufacturing features in later phases as the organization is ready.
What is the difference between a NetSuite feature and a customization?
NetSuite features are licensed capabilities that extend the platform's built-in functionality. Customizations are bespoke configurations, scripts, or workflows built on top of those features to fit your specific processes. Most implementations use both.
Do all NetSuite features work together natively?
Yes. All NetSuite features share the same database and are designed to work together. A sales order flows directly into inventory, fulfillment, and financials without manual re-entry or reconciliation between systems.
How long does it take to implement a new NetSuite feature?
Timeline depends on the feature and how much configuration and data migration is required. A simpler feature like expense management can go live in a few weeks. A full WMS or manufacturing rollout may take two to four months depending on complexity and organizational readiness.
Can SixLakes help us optimize NetSuite features we already have?
Absolutely. We frequently work with companies that have licensed features they are not fully utilizing. We review how features are configured, identify gaps, and tune the setup so your team gets the intended value.
Contact
Tell us which features you are exploring and we will help you build the right implementation plan.
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5900 Balcones Drive STE 100, Austin, TX 78731
Call Us
(737) 359-8605
Email Us
hello@sixlakesconsulting.com