NetSuite HUMAN CAPITAL MANAGEMENT
Maximize The Value of Your Company’s Most Important Resource
While maximizing the value of your company’s most important resource, its workforce, you also need to minimize what you spend on managing it. Additionally, as your organization grows, finding more cost-effective, flexible solutions to administer your growing, diverse and dispersed workforce becomes a necessity.
NetSuite Human Capital Management provides a unique advantage addressing these challenges through an integrated, intuitive, flexible and comprehensive HCM solution.
- STREAMLINE HCM
Get complete human capital management capabilities and streamline processes by providing tightly integrated recruiting, HR, talent management, time accounting and payroll.
- IMPROVE EMPLOYEE PRODUCTIVITY AND MORALE
Improve employee and management satisfaction and retention with complete self-service functionality and managerial approval workflows that allow employees to perform, and track, many transactions themselves.
- MINIMIZE PAYROLL HEADACHES
Reduce payroll administrative overhead, and the risk of errors, with NetSuite’s complete payroll management capabilities.
- INSPIRE SALES TEAMS
Motivate your sales teams by aligning their performance with powerful incentive management.
ERP PAYROLL SERVICES (US Only)
Minimize Payroll Headaches, Reduce Tedious Paperwork, Get Peace of Mind
If you’re still doing payroll yourself, you know that it’s a painful and time-consuming process. Processing payroll involves much more than simply distributing regular paychecks. There are many regulations and withholding tables to keep track of and, just when you think you understand them, they change. Then there are taxes, deductions, changes in payroll laws, year-end documentation and more to worry about.
- SEAMLESS INTEGRATION
Complete integration with NetSuite accounting. You’ll never need to re-enter payroll data into NetSuite, saving time and minimizing data entry errors.
- SIMPLE TO USE
There are no software programs to download, buy, install or learn to use.
- FLEXIBLE OPTIONS
You can choose one of three convenient ways to pay employees: direct deposit, print checks yourself, or have us print and deliver checks to you.
NETSUITE INCENTIVE COMPENSATION MANAGEMENT
Easily Manage Complex Commission Plans to Drive Corporate Goals
- IMPROVE RETENTION
Reduce overpayment risk and shadow accounting while improving retention by reducing sales commission errors and making accurate, timely payments.
- INCREASE PRODUCTIVITY
Improve sales operations productivity with simplified compensation management.
- MOTIVATE SALES PROFESSIONALS
Easily create new sales incentives and provide real-time visibility into commissions.
- OPTIMIZE SALES COMMISSION SPENDING
Dashboards and reports provide visibility into some of your largest costs — the sales commission budget – allowing you to optimize sales commission spending and effectiveness.
- FLEXIBLE INCENTIVE COMPENSATION MANAGEMENT
Configure sophisticated sales commission rules based on quotas, sales, quantity, profitability and other criteria; set flexible commission schedules; make changes to sales compensation plans as required; and, support a global sales force with NetSuite OneWorld, using multiple currencies to payout commissions.
- COMPLETE BACK-OFFICE INTEGRATION
Simplify integration with NetSuite’s order management by reducing manual processes and errors. Streamline back-office processes—from sales commission calculation to payment—through integration with NetSuite’s premier payroll service, or with your existing payroll solution.
- IMPROVE SALES VISIBILITY AND ALIGNMENT
Allow salespeople to forecast their earnings and see commission reports integrated into their sales dashboard; simplify compensation management for your channel; and, ensure that sales, sales operations and finance can monitor sales trends, quota performance, attainment distributions, summary and detailed compensation using role-based, real-time dashboards and reporting.