SuiteWorld 2024: Event Highlights & Key Takeaways
Our team had the pleasure of attending and sponsoring SuiteWorld 2024, NetSuite’s premier annual event in Las Vegas. This year’s event featured insightful sessions, valuable networking opportunities, and the chance to connect with industry leaders and NetSuite customers to discuss the future of cloud ERP.
After attending SuiteWorld 2024 to learn more about NetSuite’s latest developments, our team has outlined the top findings and takeaways from the conference.
What is SuiteWorld?
SuiteWorld is an annual conference held in Las Vegas, NV hosted by cloud-based software company Oracle NetSuite, and is the largest gathering of the NetSuite community, including partners, customers and developers.
This year’s theme, “All Systems Grow,” emphasized how businesses can harness the power of NetSuite to drive growth and scale across every function of their organization. The conference featured several NetSuite customers who shared their success stories, showcasing how they achieved operational excellence and fueled business expansion through innovative NetSuite solutions.
Major Announcements and Highlights from SuiteWorld 2024
The Rise of AI in NetSuite
Artificial Intelligence took center stage throughout the conference, with NetSuite unveiling new AI capabilities to streamline business processes and enable smarter decision-making.
New features announced include:
- SuiteAnalytics Assistant: A new AI-powered tool designed to make data analysis more intuitive.
- NetSuite Financial Exception Management: Helps finance teams identify and address anomalies faster.
- Generative AI for SuiteScript API: Provides developers with the tools to build more sophisticated, AI-driven customizations.
- AI updates to the Enterprise Performance Management (EPM) Suite, such as Generative AI for Narrative Reporting and AI-powered narratives in Planning and Budgeting.
NetSuite Connector for Salesforce
One of the standout product announcements was the NetSuite Connector for Salesforce, a new integration that allows joint NetSuite and Salesforce customers to easily set up, manage, and monitor data flows.
This connector offers a seamless way to gain more value from both platforms, enhancing data visibility and operational efficiency.
Read more about the announcement here.
Introducing NetSuite’s Redwood UI
NetSuite’s brand-new Redwood UI was introduced, designed to elevate the user experience with a modern, intuitive interface. The rollout will happen in phases, with customers gaining access to this updated UI over the coming months.
Learn more about the UI enhancements here.
Launch of SuiteProcurement
NetSuite also announced SuiteProcurement, a new indirect procurement solution that helps businesses manage every stage of the procurement process, from request to payment.
SuiteProcurement aims to improve control and transparency in purchasing activities and has already garnered support from major suppliers like Amazon Business and Staples Business Advantage.
Check out the full announcement here.
Rebranding OpenAir as SuiteProjects Pro
NetSuite’s Professional Services Automation (PSA) solution, OpenAir, has been rebranded as SuiteProjects Pro. This tool supports the entire project delivery lifecycle, helping professional services organizations manage projects more effectively and deliver results on time and within budget.
Learn more about SuiteProjects Pro here.
A Week of Networking and Learning
In addition to the product announcements and keynotes, SuiteWorld provided unparalleled networking opportunities for our team. We connected with clients, prospects, and partners, engaging in thoughtful discussions around the future of ERP and how to leverage NetSuite to achieve greater business outcomes.
Final Thoughts on SuiteWorld2024
SuiteWorld 2024 highlighted NetSuite’s continued investment in innovation and its commitment to helping businesses thrive in an evolving digital landscape. We’re excited to bring these new tools and capabilities to our clients, enabling them to optimize operations and achieve new levels of growth.
If you’d like to learn how your business can benefit from these new features, contact us today to maximize the value of your NetSuite investment.