Unveiling NetSuite's Latest AI Features: A Comprehensive Guide
Explore NetSuite's newest AI innovations and how they enhance business efficiency.
NetSuite continues to innovate with artificial intelligence (AI), enriching the platform with new capabilities designed to enhance efficiency and decision-making for businesses. In this article, we'll explore some of the latest AI features and updates, including how they can be leveraged within your organization.
Latest AI Features in NetSuite
NetSuite's recent AI developments cover a wide range of functionalities aimed at improving user experiences and operational efficiency. Here’s what’s new:
Narrative Insights on Reports and Records
Narrative Insights utilizes generative AI to provide concise summaries of supported reports and records. By highlighting notable trends, anomalies, and key information, this feature enables users to quickly interpret data and make informed decisions. To generate an insight, simply open a supported report and click Generate Insight. This feature is particularly useful for identifying risks and opportunities within your data.
Note: Ensure your account is set to an English language preference to utilize this feature.
Text Enhance
Text Enhance has undergone changes to improve its user experience. This tool is designed to enrich text within SuiteCommerce applications by applying AI algorithms for better customer interactions.
CPQ AI Assistant
The CPQ (Configure, Price, Quote) AI Assistant guides users through the configuration and quotation processes, optimizing pricing strategies through AI-driven insights and recommendations.
SuiteScript Generative AI APIs
Developers can now harness the power of AI within SuiteScript through generative AI APIs. These APIs provide sophisticated methods to incorporate AI reasoning directly into custom scripts, automating complex problem-solving tasks.
Intelligent Item Recommendations
NetSuite now offers intelligent item recommendations that assist in inventory management and sales forecasting. The recommendations can be filtered by availability, and results can be customized in columns for enhanced usability.
AI in SuiteCloud Developer Tools
The SuiteCloud Developer Assistant has been enhanced with new AI capabilities. It is integrated into Visual Studio Code, offering a streamlined development experience through AI-enhanced coding suggestions and error detection.
Important Considerations
- Feature Availability: Not all AI-powered features are available in every region or for every role within NetSuite. Always check the feature availability specific to your region.
- AI Preferences Management: Users can manage AI-related preferences to align with their business needs by navigating to the AI Preferences section in their accounts.
- Security and Anomalies: AI not only aids in operational improvements but also provides behind-the-scenes security by monitoring for anomalies, helping safeguard your data within NetSuite.
Key Takeaways
- NetSuite is consistently updating its platform with AI-powered tools to enhance user efficiency and business operations.
- New AI features include Narrative Insights, Text Enhance updates, and SuiteScript Generative AI APIs, among others.
- While AI can greatly improve business insights and operations, availability may vary by region and user role.
NetSuite's commitment to integrating advanced AI technologies reaffirms its role as a leading cloud business management suite. Staying informed and adapting to these new features can place your organization at the forefront of technological innovation.