Energy

Helping Your Team Make Better Decisions

Improve Your Agility

Energy and utility companies use NetSuite to streamline their processes, optimize operations, improve procurement, gain real-time visibility into inventory and supply chain, ensure compliance with regulatory requirements, and provide easy and timely customized reporting. Energy and utility companies are more adept at navigating the rapidly changing energy industry with each department and location on a common single-source of truth data platform.

Your Tool Kit

  • NetSuite ERP
  • NetSuite Analytics
  • NetSuite Planning & Budgeting
  • NetSuite Revenue Management

NetSuite Helps You Optimize Your Operations

NetSuite ERP is a complete cloud ERP solution targeted at high-growing, mid-sized businesses and large enterprises. It automates front- and back-office processes including financial management, revenue management, fixed assets, order management, billing, and inventory management.

NetSuite Analytics offers users incredible flexibility to create saved searches and reports that enables them to easily answer questions on what is happening in the business. Data can be further analyzed using SuiteAnalytics Workbook pivot and chart capabilities, with intuitive drag and drop interactions. Workbooks can be saved, shared, and reused with content easily displayed in NetSuite dashboard as portlets.

NetSuite Financial Planning & Budgeting helps you align your organization through the planning cycle providing a single version of the truth, and improved real-time visibility. Planning and Budgeting facilitates both company-wide and departmental planning with modeling capabilities, approval workflows and reporting within one collaborative scalable solution.

NetSuite Revenue Management simplifies the complexities of evolving revenue recognition mandates, no matter if a sale encompasses a single performance obligation, a series of obligations spanning a time period, or diverse obligations in a bundle. The results enable the automation of revenue policy for compliance, real-time revenue intelligence and actionable data.

Empowering Energy Companies to Reach Beyond the Limitations of QuickBooks

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Meridian Helps You Reduce Risk

NetSuite provides energy and utility companies with the ability to more effectively address  changing consumer expectations, regulatory requirements and capital expenditure needs through instant real-time visibility into procurement, inventory, financials, customers, forecasts, sales, billing, people, and the flow of work and information throughout the organization. This includes help with:

  • Fully Auditable Business Process
  • Financial Management
  • Integrated Budgeting and Forecasting
  • Supply Chain Visibility
  • Customized Dashboards and Reports
  • Compliance

Digital Transformation: Why Energy Companies Are Adopting A Suite Approach to Software

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Resources for Energy

Insights
January 26, 2023

Oracle Named a Leader in the 2022 Gartner® Magic Quadrant™ for Financial Planning Software

Oracle NetSuite Planning & Budgeting (NSPB) recognized as a Leader…
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Insights
November 22, 2022

How NetSuite Solves Finserv’s Biggest Technology Challenges

The financial services, or “finserv,” industry comprises insurance companies, mortgage…
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Insights
November 22, 2022

Chicago Music Exchange Fine-Tunes Inventory Management and Ecommerce Operations With NetSuite

Since 1990, Chicago Music Exchange (CME) has been a destination…
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