NetSuite Puts Industry Expertise to Work with New AI Agents
New SuiteAgents combine industry expertise with business context to help organizations improve operational efficiency
"Business leaders manage a lot of moving parts, and the industry signals that matter can easily be missed when teams are focused on day-to-day operations," said
The goal of the new SuiteAgents is to help organizations benefit from AI that applies industry-specific best practices to the processes they rely on every day while operating within NetSuite's established governance models. Ask Oracle connects people to the work through a conversational user experience, drawing on industry-specific skills, knowledge, and tools, while SuiteAgents are designed to support ongoing monitoring and multi-step execution. The new SuiteAgents are intended to support industry-specific processes for:
- Software: Helps teams identify conditions that can affect revenue retention, margin, financial health, and compliance, and determine the appropriate next steps by applying relevant business context and industry best practices across contract orchestration, revenue compliance, billing, and forecasting.
- Product: Helps teams maintain the right level of inventory by evaluating inventory exposure and supply changes and providing guidance on their potential impact on inventory efficiency, supply performance, and margin.
- Services: Helps teams improve project planning and oversight by turning statements of work into editable plans, reviewing staffing capacity, flagging time-entry exceptions, and assessing project health, risks, and financial conditions.
- Healthcare: Helps teams identify supply and financial risks and determine the appropriate operational next steps by bringing together inventory, service-line, reimbursement, and payer-mix information with industry knowledge and process context.
- Construction: Helps teams protect margins and improve cash flow by converting estimates into job budgets, preparing payment applications based on verified progress, approved changes, and retainage terms, and helping to keep job costs, billing, and financial information aligned.
- Nonprofit: Helps teams identify grant-related financial and compliance issues and determine the appropriate operational next steps by bringing together relevant records, industry knowledge, and process context.
Availability
SuiteAgents for Software, Product, and Construction industries are now available in NetSuite Next. The others are planned for a future release. Release timing is subject to change.
Future Product Disclaimer
The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation.
About Oracle NetSuite
For more than 28 years, Oracle NetSuite has helped organizations of all sizes reach their goals faster and more efficiently. NetSuite provides an integrated business system with embedded AI that delivers powerful financial management, supply chain, customer experience, and HR capabilities. Relied on by more than 44,000 customers in 220 countries and dependent territories, NetSuite is the #1 AI cloud enterprise resource planning (ERP) solution.
Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company, ushering in the new era of cloud computing.
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SOURCE Oracle NetSuite
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