Unlocking Business Excellence: 2023.2 NetSuite Upgrade Elevates SuiteApps and Mobile Apps

The 2023.2 NetSuite release fine-tunes several SuiteApps and mobile apps, offering new features that speed up productivity. You just need to know how best to use them.

NetSuite 2023.2 Features for SuiteApps and Mobile Apps

The latest NetSuite upgrade had plenty of exciting enhancements for the entire system. But don’t get lost in the module upgrades. Pay attention to the SuiteApps and mobile apps, too—especially since many are free.

1. SuiteTax

Navigating intricate shipping scenarios has just become more seamless with the SuiteTax SuiteApp. This free offering has undergone a significant enhancement in the 2023.2 NetSuite upgrade. Using line-level shipping details, SuiteTax now calculates shipping and handling taxes precisely, even when a single transaction spans multiple addresses. So, you no longer have to split orders for varied shipping taxes because this feature elegantly combines them into a single, consolidated order.

2. NetSuite Rebate and Trade Promotions

The Rebate and Trade Promotions SuiteApp enhances customer experience while streamlining internal processes. In NetSuite 2023.2, this SuiteApp has evolved, allowing users to create tiered rebates, adjusting values based on the highest quantity or currency tier achieved during promotions. Consequently, human error in manual calculations becomes a thing of the past, whether you’re calculating rebates as flat amounts, per-unit figures, or percentage-based on currency values.

3. Vendor Invoice Distribution

Effortlessly allocate costs across departments, subsidiaries, or segments with the Vendor Invoice Distribution SuiteApp. This free SuiteApp facilitates direct cost splitting, allowing for distribution based on flat amounts or percentages, enhancing financial control, and accountability.

4. Cash 360

Gain comprehensive insights into your subsidiary cash flow with the Cash 360 SuiteApp. The NetSuite 2023.2 upgrade has elevated this tool with consolidated cross-subsidiary and single-subsidiary views of your cash position. Drill into accounts receivable, accounts payable, and cash balance data to identify trends and monitor performance swiftly.

5. SaaS Metrics

The SaaS Metrics SuiteApp is a beacon of insight if your business uses subscription-based billing. NetSuite 2023.2 introduces a refined view of critical metrics, including annual recurring revenue, monthly recurring revenue, and churn rate. A new 12-month rolling forecast also leverages customer data to project income and empowers data-driven decisions.

6. Work Order Traveler

As of the 2023.2 NetSuite upgrade, you no longer need the Advanced Manufacturing module to use the Work Order Traveler SuiteApp. WIPS and Routing users can also access this app to ensure manufactured items adhere to instructions and production stays consistent and accurate.

7. Manufacturing Mobile App

The 2023.2 NetSuite upgrade has refined the Manufacturing Mobile App, catering to NetSuite manufacturing module users. Operators can now record scrap quantities alongside production and consumption quantities, offering a comprehensive view of production costs and facilitating informed decisions.

8. Supply Chain Management Mobile App

Enhancing user-friendliness, the Supply Chain Management Mobile App empowers seamless role-switching between the Warehouse Management System, Manufacturing Mobile, Smart Count, Quality Management Module, and Ship Central. Therefore, the NetSuite 2023.2 upgrade ensures uninterrupted workflow.

9. NetSuite Ship Central

The 2023.2 NetSuite upgrade redefines order fulfillment efficiency with the NetSuite Ship Central SuiteApp. The tool now allows you to shop for the lowest shipping rates within the app, generate shipping and return labels for international shipments, and incorporate ERP or WMS workflow for external order packing.

10. NetSuite Smart Count

The 2023.2 NetSuite upgrade has made the Smart Count SuiteApp even more powerful, allowing you to capture advanced GS1 GTIN barcodes for comprehensive records without manual input. The update offers unparalleled flexibility, allowing customized Smart Count configurations to cater to various scenarios.

11. NetSuite Mobile App

The NetSuite Mobile App empowers on-the-go productivity, especially after the 2023.2 NetSuite upgrade. Users can now effortlessly review customer interactions through the activity log, combining multiple record types into a concise list. You can even load up to 100 interactions and CRM records within four weeks.



What Does the 2023.2 NetSuite Upgrade Mean for You?

Your company can’t win in the marketplace by focusing all its innovation efforts on products and services. You must hone business operations, too, or you won’t keep up with the competition.

So, if you’re a NetSuite user, take advantage of all the 2023.2 NetSuite upgrade features to streamline your business, including the new or improved SuiteApps and mobile apps. Each offers crucial functionalities that boost efficiency, accuracy, and strategic growth.

Of course, we know it’s difficult to incorporate new software into established operations. That’s why SuiteDynamics experts specialize in helping companies integrate NetSuite into their processes for the best possible results. Get the most out of NetSuite and schedule your consultation today.



Disclaimer from NetSuite: The preceding is intended to outline Oracle NetSuite's general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Part of this text was generated using GPT-3, OpenAI’s large-scale language-generation model. After generating the draft language, our team edited, revised, and fact-checked it to ensure readability and accuracy. SuiteDynamics is ultimately responsible for the content of this blog post.