NetSuite EPM AI Assistants for Financial Insights in 2026.1

Starting in NetSuite 2026.1, the Enterprise Performance Management (EPM) suite now includes a range of embedded artificial intelligence (AI) assistants designed to improve accuracy, speed up financial tasks, and provide actionable insights. These enhancements significantly streamline financial processes, allowing organizations to operate more efficiently and make informed decisions based on comprehensive data analysis.

What Are the New AI Assistants?

The following AI assistants are now available in NetSuite EPM:

• NetSuite Account Reconciliation: AI-Powered Enhancements
• Profitability and Cost Management: Profitability and Cost Management Agent
• NetSuite Narrative Reporting: Embedded Generative AI

How Does NetSuite Account Reconciliation Work?

The account reconciliation improvements utilize AI to minimize manual efforts:

• Transaction Matching Assistance: This feature analyzes historical matching patterns to predict potential transaction matches, presenting a confidence score for each suggestion. This score indicates how reliable the match is, helping users to confirm or discard suggestions with confidence.

• Reconciliation Assignment Assistance: Leveraging machine learning, this tool predicts specified profile attributes using historical data and provides a confidence percentage for its suggestions, thus aiding in future reconciliations automatically while learning from previous assignments.

What Is the Profitability and Cost Management Agent?

The Profitability and Cost Management (PCM) Agent guides users through the setup, execution, and analysis of cost allocation models with generative AI. Its capabilities include:

• Simplifying model creation.
• Quickly aiding in understanding cost dynamics.
• Automating complex allocation processes, thereby enhancing efficiency in profitability reporting.

How Does Embedded Generative AI Enhance Narrative Reporting?

The embedded generative AI in Narrative Reporting supports financial analysis by:

• Automatically generating narrative summaries that clarify variances and underlying factors.
• Allowing users to explore financial data interactively through natural-language queries.
• Highlighting essential insights to expedite analysis and decision-making.

By integrating these AI functionalities, NetSuite EPM aims to revolutionize financial management processes, equipping users with tools that not only save time but also enhance accuracy and understanding of performance data.

Who This Affects

• Administrators: Responsible for setting up and managing these new features.
• Financial Analysts: Who will leverage these AI tools in their daily reporting and analysis tasks.
• Accountants: Those involved in the reconciliation processes will find their workflows significantly improved.

Key Takeaways

• New AI assistants introduced in EPM enhance accuracy and efficiency in financial processes.
• The Account Reconciliation AI features automate match predictions and assignments, reducing manual tasks.
• The PCM Agent simplifies cost model management, making profitability reporting clearer.
• Embedded generative AI enhances narrative reporting with automated summaries and insights.

Source: This article is based on Oracle's official NetSuite documentation.