From quote to cash, the NetSuite Order to Cash process flow communicates with the other system modules and is the core of the daily business operation. NetSuite features for Order Management can be customized to fit the customer order processing system needs of various industry verticals.
To boost our Order Management process efficiency, we’ll need to have a solid structure in place for inventory, accounting, employment management, and customer management among others, depending on how our business works.
We can also modify forms, fields, and processes during the flow of Order Management. NetSuite has 4 standard forms to cover common business scenarios:
- Standard Sales Order – A standard sales order lets you create an invoice or a cash sale, based on whether you enter billing terms or a payment method.
- Standard Sales Order – Cash Sale – When you bill this type of sales order, a cash sale transaction is created in the system.
- Standard Sales Order – Invoice – When you bill this type of sales order, an invoice is created.
- Standard Sales Order – Progress Billing – Progress sales orders can be billed at intervals according to the fulfillment progress of the goods or services.