Oracle NetSuite Unveils Cutting-Edge AI Tools for the Australian and New Zealand Market
As digital transformation continues to accelerate across the Asia-Pacific region, Oracle NetSuite is enhancing its support for businesses in Australia and New Zealand (ANZ) with powerful next-generation AI capabilities. These advancements are built to help ANZ organizations streamline operations, make more informed decisions, and drive greater productivity, seamlessly integrated within the unified NetSuite cloud platform. The integration of traditional and generative AI is no longer futuristic—it’s a powerful reality. These tools streamline complex tasks and boost efficiency, enabling your business to manage everything from retail operations to financial processing with ease.
At Bista Solutions, we’re excited to show how these innovations can be game-changers for businesses looking to scale smarter and faster.
NetSuite’s AI-Powered ERP Revolution
The latest advancements introduce generative AI-powered features at no extra cost to users. NetSuite’s new AI capabilities include:
Text Enhance for custom fields: A standout update is the introduction of generative AI-powered text enhancements for custom fields. This feature boosts data entry efficiency by generating context-aware text suggestions automatically. With Prompt Studio, administrators and developers can customize the AI output to match their desired tone, format, and creativity, leading to greater accuracy and more efficient workflows
Prompt Management API: To streamline AI integration and customization, NetSuite now offers a Prompt Management API. This tool centralizes prompt management for large language models (LLMs), allowing businesses to programmatically control AI prompts and easily embed AI features into SuiteApps or custom NetSuite solutions.
NetSuite CPQ AI Assistant: The new AI-powered Configure, Price, Quote (CPQ) Assistant streamlines sales by guiding B2B sellers and B2C buyers through product and service configurations. Using natural language, it recommends the best options and explains its choices, making the sales process smoother and boosting customer satisfaction.
NetSuite Expert for SuiteAnswers: NetSuite now features an AI-driven expert system that improves support and issue resolution. Users can ask questions in natural language, and the AI scans thousands of support articles to provide accurate, actionable answers, helping teams work faster and reduce downtime.
NetSuite's Enterprise Performance Management (EPM)
NetSuite’s Enterprise Performance Management (EPM) add-on module integrates AI to transform planning, budgeting, forecasting, and reporting. It streamlines processes and offers in-depth insights into business operations
AI-Driven Planning and Budgeting
The EPM solution uses AI and machine learning to automate data analysis, enhancing planning and forecasting. By monitoring plans, forecasts, and variances, it helps finance teams spot trends and anomalies, enabling more accurate, dynamic financial planning and quicker adaptation to market changes.
Intelligent Performance Management Insights
A key feature of NetSuite’s EPM is Intelligent Performance Management (IPM), which uses machine learning to analyze financial plans, forecasts, and variances. This AI-driven approach helps finance teams create more accurate budgets, model scenarios, and generate insightful reports in a collaborative, scalable solution.
Generative AI for Narrative Reporting
NetSuite EPM introduces generative AI to simplify financial reporting by automatically creating narratives, explanations, and visuals from financial data. This boosts productivity, reduces report drafting time, and ensures accurate, insightful narratives for better decision-making.
AI-Powered Digital Assistant
NetSuite EPM features an AI-driven digital assistant that allows finance teams to complete tasks through natural language. This intuitive interface simplifies report generation, data retrieval, and analysis, boosting efficiency and productivity
What This Means for ANZ Businesses
For businesses in Australia and New Zealand, Oracle NetSuite’s AI-driven enhancements offer unparalleled opportunities for growth and efficiency. Here’s how:
Boosted Productivity
By automating routine tasks, teams can focus on more strategic activities, driving innovation and value for the business
Better Decision-Making
With AI analyzing data and providing actionable insights, businesses can make more informed and timely decisions
Seamless Integration
All these AI capabilities are built directly into NetSuite, removing the need for third-party solutions and making it easier to adopt
Bista Solutions: Your NetSuite AI Partner in ANZ
As a certified Oracle NetSuite partner, Bista Solutions has a proven track record of helping businesses across the globe—and now in the ANZ region—harness the full power of the cloud.
Our expert consultants are ready to help you:
- Implement NetSuite with AI-powered modules tailored to your industry
- Customize dashboards and reports for better decision-making
- Train your teams to leverage AI insights across your organization
Transform Your Operations with Seamless AI Integration in NetSuite
NetSuite’s AI-driven features are transforming the business landscape, but their true potential shines through when implemented with precision and expertise. Bista Solutions connects technology with business strategy, ensuring you unlock the full power of AI to drive operational efficiency and foster growth.
At Bista Solutions, we believe these advancements are the future of business operations. With seamless AI integration into NetSuite, businesses can expect faster, smarter, and more efficient processes, enabling them to excel in today’s competitive market. Our distinctive approach to NetSuite implementation ensures that you’re not just deploying an ERP system, but adopting a solution that enhances your business processes and delivers measurable results from day one.
Ready to Transform with NetSuite AI?
Contact Bista Solutions today for a free consultation or demo of NetSuite’s latest AI tools.
