NetSuite for Energy
Empower energy companies to optimize complex operations, make data-driven decisions, and rapidly adapt to market changes.

.avif)
.avif)
Top-Tier Cloud ERP for the Energy Sector
NetSuite is designed to meet the multifaceted requirements of energy companies.NetSuite has native support for managing intricate processes across exploration and production, supply chain management, accounting, financial reporting, commodity trading, retail distribution and more.
NetSuite connects siloed data and links end-to-end processes through a unified suite to enable real-time operational visibility, governance and control across the complete energy value chain.
.webp)
Challenges of the Multifaceted Nature of Energy
The energy industry faces numerous complexities from volatile commodity prices to changing environmental regulations to intricate partnership agreements.
â
- Complex production and delivery processes
- Volatile commodity prices complicate planning
- Joint ventures and intricate partnerships
- Compliance with environmental regulations
- Compliance risks due to stringent regulations
- Revenue leakage and improperly allocated payments
- Lack of visibility into operations and financials
- Manual processes prone to errors
.avif)
NetSuite Features & Capabilities
Financial Management
- Automate revenue distribution
- Streamline joint interest billing
- Accurate hydrocarbon accounting
Supply Chain Management
- Production forecasting and scheduling
- Logistics and inventory optimization
- Procurement and AP automation
CRM and Commerce
- Customer self-service portals
- Respond quickly to sales inquiries
- Configure pricing and quotes faster
Asset Management
- Track and manage critical energy assets
- Schedule maintenance to avoid downtime
- Asset lifecycle management and ROI
Project Management
- Centralize project planning, execution, and billing
- Resource allocation and workforce efficiency
- Manage budgets with real-time tracking tools
Business Intelligence
- Real-time reporting and analytics
- Drill-down into KPIs
- AI-driven insights
Benefits of NetSuite for the Construction Industry
.avif)
.avif)
.avif)
.avif)
.avif)
.avif)
.avif)
Why Choose S Universe?
Industry Expertise
Proven Methodology
Innovative Solutions
Client-First Values
Transform Your Energy Business with NetSuite
Contact S Universe today to schedule your free consultation and demo. Leverage our energy domain expertise to deploy NetSuite built for your needs. Take the first step to gaining visibility, control, and efficiency across your business.
Frequently Asked Questions
NetSuite utilizes role-based access, comprehensive audit logs, network security, disaster recovery, and rigorous data encryption measures to ensure data security. Additional options like two-factor authentication and single sign-on can further enhance security.
The revenue distribution functionality covers joint venture billing, complex revenue allocation, owner changes, product valuation, transportation & processing costs, and automated distribution. It enables accurate disbursement in line with copartner agreements.
Yes, NetSuite allows creation of customized real-time dashboards relevant for energy companies by blending enterprise data from multiple sources. It facilitates drill-down from summary to transaction-level detail.
Yes, built-in support for multinational energy compliance around revenue statements, SEC statements, FASB standards, Sarbanes-Oxley regulations, and tax guidelines helps meet compliance requirements.
NetSuite covers planning, procurement, inventory, logistics, and settlement across hydrocarbon supply chains. It provides drill-down visibility from month-end financial reports to daily inventory transactions.
Yes, NetSuite ERP integrates with complementary oil & gas operational systems at upstream, midstream enterprise levels via its cloud EDI, Suitetalk web services toolset, and SuiteBundler legacy system integration capabilities.