Posts by Ronn Breaux
Four Fundamental Areas to Get The Most Out of OpenAir Reporting
NetSuite OpenAir is a powerful PSA tool. However, like every other business tool, you want to get the most out of it. To achieve this, it’s wise to understand tips and techniques that can work in your favor. In this article, we explore the fundamentals of: How to review your configuration to support reporting needs…
Read More4 Tips to Get a More Accurate Revenue Forecast in NetSuite OpenAir
NetSuite OpenAir is a powerful automation tool that aims to redefine how businesses manage and track projects from beginning to end. Among the many functions it performs, OpenAir is useful in efficiently achieving accurate forecasts and can do this with the correct setup. In order to create project forecasts in OpenAir, multiple features have to…
Read MoreTop 4 Challenges faced by Professional Services Organizations today – and what to do about it
The global professional services industry is massive and rapidly growing. The market is expected to surpass $8 billion by the end of 2022, presenting tons of opportunities that will see professional service (PS) organizations thrive in years to come. The rapid rise of disruptive technologies, unpredictable market dynamics, intense global competition, and new business models…
Read More3 Best Practices for Project Management Oversight in OpenAir
Project management is far more than just defining tasks, creating timelines, and finding resources. It’s also about keeping track of project health and surfacing problems and potential issues. In the best of circumstances, project management offers a crystal ball, providing a view into the future and uncovering the risks that may lie ahead without mitigation…
Read MoreTechniques To Help You Manage Utilization in OpenAir
Utilization is one of the most crucial metrics a professional services organization (PSO) has available. It’s a KPI that can help you understand past performance. Importantly, it’s also a measure that, when used correctly, opens opportunities for forecasting future needs and informing decisions from sales to resourcing. Oracle NetSuite’s OpenAir offers a number of out-of-the-box…
Read MoreWhy Do So Many PSO’s Struggle with Resource Management?
Professional services organizations (PSOs) are a vital part of the modern business environment and continue to grow in numbers and importance. According to the SPI 2022 Professional Services Maturity™ Benchmark report, 2021 saw the greatest utilization within PSOs in the last decade, topping 73% billable utilization and nearly 16% net profit. The success of every…
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