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NetSuite Helps Improve Construction Project Margins and Cash Flow

By Publisher and Editors of The ERP Update
<span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text" >NetSuite Helps Improve Construction Project Margins and Cash Flow</span>

Oracle NetSuite, the #1 AI Cloud ERP, has announced a comprehensive new AI-powered solution to help general contractors, subcontractors, and specialty-trade firms connect construction accounting workflows and financial management in one system.

NetSuite for Construction Businesses gives finance and project teams a shared view of job performance by bringing together estimates, contracts, job costs, billing, and work in progress (WIP) accounting.

“Construction businesses operate on tight margins, and small gaps between project activity and financial information can quickly impact profitability and cash flow,” said Evan Goldberg, founder and executive vice president, Oracle NetSuite. “NetSuite for Construction Businesses gives finance and project teams the visibility they need to spot cost...

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ORACLE NETSUITE Cash-flow SuiteWorld ERPs Project margins Connstruction
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