Oracle NetSuite has announced a number of AI-driven technologies, as well as product upgrades and changes, all geared at assisting manufacturers and distributors in increasing operational efficiency and driving growth.

The latest AI tools are designed to automate and speed data-intensive operations. NetSuite Text Enhance for custom text fields and a Prompt Management API are two new capabilities that will assist in centralizing language model installations. Oracle has created the NetSuite CPQ AI Assistant and NetSuite Expert for SuiteAnswers to enhance product setups and issue resolution.

SuiteSuccess Anything-as-a-Service Edition is a prepared platform that enables enterprises to streamline finance, inventory, project management, and revenue recognition procedures. The solution is designed to help firms that provide a variety of product and service combinations.

The NetSuite Connector for Outlook is a smooth connection between NetSuite and Microsoft Outlook that enables enterprises to communicate data in real-time. The tool seeks to eliminate human data entry and increase efficiency for sales teams by automating data flow across Outlook Mail, Calendar, and NetSuite.

SuiteProcurement is now embedded in the platform's Advanced Procurement module, which allows for real-time supply chain engagement via the Oracle Business Network. Buyers may browse supplier catalogs, simplify buying, and generate purchase orders automatically, reducing manual procedures and delays.

SuiteBilling now includes improved subscription invoicing and payment capabilities, which are intended to increase cash flow and flexibility. Organizations may now manage prepayments, modify subscription management, and set bill dates by consumption-based pricing models.