Enterprise Performance Management Updates in NetSuite 2025.1
Discover the new EPM enhancements in NetSuite 2025.1 for improved employee management and performance tracking.
Starting in NetSuite 2025.1, significant enhancements have been introduced to the Enterprise Performance Management (EPM) module. These updates aim to streamline financial planning, budgeting, and analysis processes, ensuring that organizations can optimize their employee management and performance evaluations effectively.
What's New
Integration SuiteApps
NetSuite now provides enhanced integration capabilities with various SuiteApps designed specifically for EPM. These integration tools allow for seamless connectivity between NetSuite and external planning and performance management applications, making it easier to gather insights and manage data across platforms.
IPM Insights in Smart View
With the integration of IPM Insights in Smart View, users can now access critical performance data directly within Microsoft Excel. This feature simplifies the budgeting and forecasting process, allowing financial teams to analyze and present data efficiently. Key benefits include:
- Real-time updates: Ensure your plans are based on the latest data.
- User-friendly interface: Familiar Excel environment enhances user experience.
- Enhanced reporting capabilities: Build comprehensive reports using live data.
EPM Connector and Sync Release Notes
The new EPM connector simplifies the process of syncing budgeting and planning data with other NetSuite modules. The release notes provide detailed instructions on:
- Setting up connections: Ensure proper data flow between your EPM and other systems.
- Handling account reconciliation syncs: Streamline the reconciliation process with new features for accuracy and efficiency.
- Managing planning and budgeting syncs: Keep your planning data aligned across all necessary modules to avoid discrepancies.
Who This Affects
- Administrators: Responsible for setting up and configuring the new features to ensure optimal performance.
- Developers: May need to utilize the new APIs and connectors for enhanced integration with other applications.
- Financial Analysts and Accountants: Will benefit from the enhanced reporting and planning tools for more informed decision-making.
Key Takeaways
- NetSuite 2025.1 enhances EPM features for improved performance tracking.
- IPM Insights can now be accessed via Smart View for better analysis.
- Simplified integration through new SuiteApps to optimize workflow.
- Updated sync instructions ensure data consistency across modules.
- Supports administrators, developers, and financial teams in maximizing organizational efficiency.
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