With the advent of generative AI, innovations in artificial intelligence, automation, environmental protection, space exploration, and biotechnology are having a profound impact on society and the economy. The coming era will be one of sustainability and empathy.
NetSuite has also released several generative AI features.
NetSuite Text Enhance: A new generative AI feature allows users to create their own contextual content by entering the first few words they intend into any text area in NetSuite. Supported by Oracle Cloud Infrastructure (OCI) Generative AI services, NetSuite Text Enhance enables finance/accounting, HR, supply chain/operations, sales/marketing, and customer support teams to leverage AI to NetSuite Text Enhance helps improve productivity by enabling finance/accounting, HR, supply chain/operations, sales/marketing, and customer support teams to quickly and easily create, review, edit, and approve context-sensitive documents using AI.
NetSuite Planning and Budgeting: Organizations can automate data analysis to improve and accelerate decision making with new AI capabilities in NetSuite Planning and Budgeting. Forecasting algorithms that continuously monitor and analyze plans, forecasts, and variances allow customers to quickly and easily spot and uncover trends, anomalies, and correlations.
NetSuite Bill Capture”: a new AI-powered feature allows organizations to intelligently capture and classify expenses based on historical data. NetSuite Bill Capture reduces manual bill entry and increases the productivity of the accounting team.
NetSuite Analytics Warehouse: The AI capabilities of the NetSuite Analytics Warehouse enable companies to visualize data and create reports quickly by consolidating and centralizing data from many sources. By visualizing and understanding activity at the transaction level, customers can discover patterns, gain insights quickly, and make better decisions.
While some of the features listed above are not yet available in Japan, such as being available only in certain countries, it is easy to imagine that they will become available in Japan in the future, further promoting the use of NetSuite to improve business operations.
If you have any questions about the new features, please contact us at Coznet.