NetSuite SuiteProjects (PSA)

NetSuite Module
NetSuite SuiteProjects handles project management, time tracking, and project accounting natively in NetSuite. Manage budgets vs. actuals, automate project billing, and get real-time profitability visibility. Connects project delivery directly to financials.

What Is NetSuite SuiteProjects?

  • NetSuite SuiteProjects is a professional services automation solution natively built into NetSuite that manages the complete project lifecycle from opportunity through delivery, billing, and revenue recognition.

    It unifies project management, resource allocation, timesheet and expense tracking, project billing, and project accounting with NetSuite financials, CRM, and HR in one platform. 

    SuiteProjects eliminates separate PSA tools and integrations by connecting project activities directly to company financials for real-time visibility into project profitability, resource utilization, and cash flow.

NetSuite SuiteProjects Features

01
Project management
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Centralized project tracking with task management, milestones, and status updates. Managers proactively identify issues before they affect customers.

02
Resource management
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Allocate resources based on skills, availability, and project needs. Optimize utilization by ensuring the right people work on the right projects.

03
Timesheet and expense management
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Capture time and expenses from mobile or web with automated project allocation. Eliminates manual timesheet consolidation and speeds billing.

04
Project billing
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Automate time and materials, fixed-fee, and milestone billing. Flexible billing rules handle complex contract structures without manual invoice creation.

05
Project accounting
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Connect project activities to financials for accurate cost tracking, budget vs. actual reporting, and project profitability analysis in real time.

06
Project revenue recognition
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Recognize revenue separately from billing using percent-complete, milestones, or other methods. Supports ASC 606 compliance for project-based revenue.

07
Native ERP integration
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Track billable vs. non-billable hours, bench time, and utilization rates by resource, department, or practice area.

08
Mobile time and expense
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Submit timesheets and expenses from mobile devices with photo receipt capture. Teams track time on-site without returning to office.

How Much Does NetSuite SuiteProjects Cost?

  • SuiteProjects is available as an add-on module to NetSuite ERP. But the real cost isn't the license. 

    It's the revenue leakage from unbilled time, the cash flow problems from delayed invoicing, and the unprofitable projects you can't identify because project data lives in spreadsheets.

Why Choose Stockton10?

Time tracking adoption fails
Consultants stopped entering time in NetSuite. Billing manager chases timesheets every week. We optimize timesheet workflows so teams actually use them.
Project templates go stale
Templates built at launch don't reflect current delivery methodology. New projects start from scratch. We update templates as delivery processes evolve.
Resource utilization reporting unused
You built utilization dashboards. Nobody looks at them. Data isn't actionable. We create reporting that drives actual resourcing decisions.
Project profitability calculations wrong
Profitability reports don't match what finance sees. Indirect costs aren't allocated properly. We configure accurate project P&L.
Billing rules became too complex
You added exceptions for specific clients. Now billing runs take hours to review. We simplify billing logic.
Revenue recognition not aligned with delivery
You recognize revenue on cash basis but contracts are fixed-fee. Recognition method doesn't match how projects deliver. We align recognition with delivery reality.

Challenges NetSuite SuiteProjects Solves

The Problem
How SuiteProjects fixes it
  • Manual timesheets outside NetSuite
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Tracking time in spreadsheets and manually entering into NetSuite is slow and creates billing delays. SuiteProjects automates time capture and project allocation.
  • Poor visibility into project profitability
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Can't see if projects are profitable until they close. SuiteProjects provides real-time budget vs. actual and margin visibility during delivery.
  • Disconnect between project delivery and invoicing
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Projects complete but billing happens weeks later from spreadsheets. SuiteProjects connects delivery directly to billing for faster invoicing.
  • Revenue leakage on projects
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Unbilled hours, scope creep, and missed change orders leak revenue. SuiteProjects tracks all billable time and flags uninvoiced work.
  • Manual resource allocation
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Staffing projects based on who's available, not who's qualified. SuiteProjects allocates resources by skills, utilization, and availability.
  • Separate PSA and ERP systems
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OpenAir or FinancialForce require middleware to sync with NetSuite. SuiteProjects is native with no integration delays.

NetSuite SuiteProjects FAQs

What is NetSuite SuiteProjects?

SuiteProjects is professional services automation natively built into NetSuite. It manages projects, resources, time, expenses, billing, and revenue recognition without separate PSA tools.

How to track project profitability in NetSuite?

SuiteProjects tracks project costs (labor, expenses, vendor costs) against budgets and revenue in real time. Project accounting connects to NetSuite financials for accurate P&L by project.

What's SuiteProjects Pro?

SuiteProjects Pro adds AI-powered project risk monitoring, advanced resource planning, capacity management, and enhanced project analytics beyond standard SuiteProjects.

Difference between SuiteProjects and OpenAir?

SuiteProjects is native to NetSuite with no integration. OpenAir (now Certinia PSA) is a separate system requiring middleware to sync with NetSuite financials.

Can NetSuite manage time and expense for projects?

Yes. SuiteProjects includes timesheet and expense management with mobile capture, project allocation, approval workflows, and automated billing integration.

Does Stockton10 support SuiteProjects?

Yes. We optimize timesheet adoption, update project templates, configure accurate profitability calculations, simplify billing rules, and align revenue recognition with delivery methodology.

Why Are Your Projects Always Unprofitable?

You bid projects at 40% margin. At closeout, they're 15%. Why? 

Because scope creep wasn't tracked, change orders weren't billed, and hours leaked through incomplete timesheets. 

You can't fix project profitability problems you can't see in real time.