NetSuite New Enhancements to Help Businesses Grow

Oracle NetSuite, which provides software services to help manage business finances, operations and customer relations, will now provide new commerce, global tax management and analytics capabilities to help organizations adapt to change and successfully grow and scale.

“The new commerce, financial management and analytics capabilities help organizations take advantage of the NetSuite platform to exceed customer expectations, enable international expansion and respond quickly to vital business needs,” writes the multinational computer technology corporation in this new release.

NetSuite Innovations and Enhancements for Businesses

Small business can compete effectively and scale, the latest innovations from NetSuite to adapt a rapid technological changes and effectively meet customer expectations.

NetSuite has introduced new customer engagement, SEO and marketing optimization capabilities along with a series of visual and interactive extensions that help marketers to deliver a personalized and continuous shopping experience.

NetSuite has introdcued other innovations within its SuiteCommerce, as:

1. New themes to support B2B and B2C ecommerce sites for specific industries: Themes are optimized for performance, engagement and conversion and are fully responsive to provide a consistent experience no matter how shoppers browse the store.
2. New extensions: Allow customers to quickly and easily expand their stores with new capabilities such as blogs, gift wrap and message feature, size chart and testimonials.
3. General availability of merchandise hierarchy: Allows retailers to organize and display merchandise and provides a reporting structure of how sales and inventory of product are tracked and managed. This enables merchants to gain deeper insights into category sales and improve inventory planning.
4. Google tag manager editor: SuiteCommerce and SuiteCommerce Advanced sites can use SuiteCommerce Google Tag Manager Editor to connect their SuiteCommerce site to Google Tag Manager and to help manage third-party tags, like Google Ads and Facebook Pixel, without having to edit site source code.
5. Advanced email templates: Ready to use email templates can be branded for ecommerce emails, such as order notifications, digital delivery notifications and other notifications including password recovery.
6. New SuiteSuccess edition of SuiteCommerce: Enables rapid adoption and return on investment by removing the complexities and costs that surround successful commerce implementations.

Oracle NetSuite Global Tax Management Solutions

NetSuite has introduced “SuiteTax”, small businesses can now be able to simplify global tax calculations through support for nearly any tax rule, anywhere in the world.

Oracle says customers can use SuiteTax to calculate sales taxes in 140 different countries, including complex tax regimes such as China, India and Brazil.

According to Oracle, tax rates can be automatically updated with SuiteTax and users will be able to leverage out-of-the box reporting capabilities to quickly and easily drill down into every tax component so they know exactly how tax on each transaction was calculated.

NetSuite’s New Analytics Capabilities

And finally, Oracle NetSuite’s SuiteAnalytics added powerful analytics within existing business processes and provides an intuitive graphical toolset that makes it easy to explore and visualize data in real-time. This can help end-users quickly and easily get the answers they need to be successful, says Oracle.