Things You Should Know About AI and Oracle NetSuite Together: AI-Powered Cloud ERP for Business Success
When we want something to progress, efficiency and effectiveness are two of the most important things we consider when achieving and progressing toward our goals. Nowadays, tools and software are increasingly evolving toward AI or Artificial Intelligence integration. Since the release of ChatGPT in 2022, the buzz around generative AI for business has rapidly grown. Although AI has been in the tech industry for quite some time, it was only recently that businesses focused on leveraging generative AI in Cloud ERP systems to drive the next generation of technology adoption.
Meanwhile, Oracle NetSuite, IT Group, Inc.’s (ITG) tech partner, is a leader in combining AI-powered ERP solutions with their renowned Cloud ERP platform. Dubbed the #1 Cloud ERP, Oracle NetSuite demonstrates how generative AI integrated with NetSuite products started a revolution to boost productivity and business intelligence for enterprises of all sizes.
Right now, the question is: Is your business AI-ready with Oracle NetSuite’s AI-driven Cloud ERP? With ITG and Oracle NetSuite, your organization is always prepared for the next generation of AI investments that transform your business processes for better efficiency and decision-making. Here are some key highlights of generative AI integrated within Oracle NetSuite’s Cloud ERP.
AI-Enhanced Content Management with Oracle NetSuite Text Enhance
Last year, Danielle Tarp from Oracle NetSuite announced the launch of generative AI-powered capabilities in their suite, including the innovative NetSuite Text Enhance feature. “New generative AI-powered capabilities help users across the organization leverage company-specific, relevant data to produce content that is contextual and personalized,” she explained. This AI-driven business software feature further boosts productivity by automating the generation of context-sensitive content across departments.
Finance and accounting teams benefit from AI for finance and accounting automation, customizing collection letters and generating summaries for financial reports efficiently. Supply chain and operations teams streamline vendor engagement and communication, while sales and marketing create AI-powered sales pitches and proposals that drive revenue. Human resources leverage AI for authoring job descriptions and employee goals, and customer support teams automate responses to online customer comments, improving overall service quality.
AI in Planning and Budgeting: Accelerating Finance with NetSuite Bill Capture AI
Most companies want to solve problems by integrating AI in cloud ERP software, automating routine tasks and improving accuracy. Lisa Schwarz, Product Marketing from Oracle NetSuite, shared that “74% expect AI innovations to help accounting and finance the most.” One of the most impactful AI features is the NetSuite Bill Capture AI, which automates invoice capture by eliminating manual data entry. AI-based document detection and optical character recognition (OCR) extract essential invoice data, automatically matching it with purchase orders to ensure accuracy.
NetSuite Planning and Budgeting, empowered by embedded AI and machine learning, automates labor-intensive financial processes. It enables finance teams to produce budgets, forecasts, and what-if scenarios within a collaborative, scalable solution. This AI-powered ERP feature reduces time spent on manual data analysis and elevates strategic financial planning and analysis.
Business Intelligence Enhanced by AI with NetSuite Analytics Warehouse
As generative AI waves through the tech industry, Oracle NetSuite incorporates AI and machine learning into its Cloud ERP with the NetSuite Analytics Warehouse. This AI-powered, cloud-based data storage and analytics solution centralizes business data from multiple sources—including NetSuite, Google Analytics, Salesforce, and historical legacy data—and provides prebuilt AI and ML models to deliver deeper insights.
NetSuite Analytics Warehouse accelerates business intelligence by delivering accurate, real-time insights and expanding visibility into finances and operations. AI guidance helps professionals quickly build analyses and visualizations without heavy reliance on IT, enabling smarter and faster decision-making.
Discover the Power of AI-Powered Cloud ERP with ITG and Oracle NetSuite
IT Group, Inc. (ITG) is the leading IT Solution Partner in the Philippines and ASEAN region, helping 200+ clients digitally transform with AI-integrated Cloud ERP solutions. ITG offers business consulting, support, managed services, and certification, co-owning tailored technology solutions that accelerate business plans and goals across multiple industries.
With the power of AI and Oracle NetSuite—the #1 Cloud ERP—ITG can make your business AI-ready. Achieve maximum operational efficiency and financial process automation from start to finish with AI-powered ERP solutions designed to future-proof your enterprise.
Learn more today about how ITG and Oracle NetSuite bring AI-driven automation, business intelligence, and digital transformation to your business.