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HR LEADS NETSUITE INTRODUCTIONS Featured

Jim McGeever, Oracle NetSuiteNetSuite unleashed a series of important product and program introductions at its recent SuiteWorld conference. SuitePeople, an HR product, led the way as an addition to the product line. The cloud software company described it as a single suite to manage core HR processes.

"Since its inception, NetSuite has believed that the best way to run a business is with a unified suite," NetSuite COO Jim McGeever said. SuitePeople will offer core HR capabilities, HR analytics and compliance. There is also unified access to information because of NetSuite's unified data model, the company said. The analytical capabilities offer pre-built reports and dashboards, including a chief people officer dashboard. Role-based security features are utilized and the company says that the NetSuite interface "give employees a familiar experience that speeds adoption and training." On the financials side, the company announced Intercompany Journal Entry, GL Impact Locking, FX Revaluation Sustainability. NetSuite says it also simplified revenue recognition and billing with Advanced Revenue Management, Billing Price Books, Improved Performance and Ease of Use when Running Charges, Time Rejection Note and Time Threshold Improvements.

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