Category: Caravel News

NetSuite 2025.1 Release: Everything You Need to Know About the Latest Updates

Posted on by Sarah Bensimon

As businesses continue to prioritize efficiency and productivity in 2025, NetSuite has responded with its latest release packed with powerful new features. NetSuite 2025.1 brings significant enhancements across the platform, from new connectors and procurement solutions to AI-powered tools and manufacturing improvements. Let’s dive into how these updates can help streamline your operations and boost your business performance.

More Connections to External Systems

NetSuite 2025.1 introduces three new connectors that will help you eliminate data silos and reduce manual data entry:

  • NetSuite Connector for Salesforce: This connector automatically shares data between NetSuite and Salesforce to accelerate your order-to-cash and revenue recognition processes. With aligned data in both systems, you’ll gain improved visibility into order records, customer insights, and financial data. Available in North America, this connector is powered by Oracle Integration Cloud, letting you set up and monitor data flows through a self-serve interface.
  • NetSuite Connector for Shopify B2B: Map data between NetSuite and the Shopify B2B ecommerce platform to streamline your operations. This connector syncs business customers, payment terms, and price lists, keeping NetSuite as your single source of truth for customer, catalog, inventory, and sales data.
  • NetSuite Connector for Microsoft Outlook: Keep your CRM records up to date by syncing emails and calendar events from Outlook with NetSuite CRM. This integration automatically creates and updates leads directly from Outlook.

Enhanced Procurement with SuiteProcurement

The 2025.1 release introduces NetSuite SuiteProcurement, an indirect procurement solution powered by Oracle Business Network (OBN). This new module helps you:

  • Track and control purchases of operating supplies
  • Increase accuracy by automating approval processes
  • Manage documents electronically
  • Shop on suppliers’ ecommerce sites with access to volume discounts

When making a purchase, SuiteProcurement creates a purchase request, initiates the approval process, and automatically transmits the order once approved. Amazon Business and Staples Business Advantage are the first supported suppliers, offering significant benefits to SuiteProcurement customers.

Streamlined Field Service Management

Field technicians and managers will benefit from several new features in NetSuite Field Service Management:

  • Automatic Time Bills: The system now automatically creates time bills based on the start and end times of each job, helping you track field service activity more accurately and reduce billing errors.
  • Bulk File Uploads: Technicians can now upload multiple files at once to the mobile app, saving valuable time when providing proof of work or documenting repairs.

Manufacturing Enhancements

NetSuite 2025.1 introduces two key tools to optimize your manufacturing processes:

  • NetSuite Manufacturing Scheduler SuiteApp: This tool helps production managers optimize production by allocating tasks across multiple work centers while considering constraints like operation duration, dependency sequences, and unique work center calendars.
  • Auto Serial Numbering SuiteApp: Automate serial number generation to improve traceability, simplify inventory management, and reduce manual errors. You can define unique serial number formats for different item codes and automatically assign them at every stage.

AI-Powered Reporting and Analytics

Finance teams will appreciate the new AI capabilities in NetSuite 2025.1:

  • NetSuite Narrative Reporting: This new feature in NetSuite Enterprise Performance Management (EPM) uses generative AI to quickly create narratives and explanations from your financial and transactional data.
  • Enhanced Cash Forecasting: NetSuite Cash 360 now incorporates amounts and due dates from installments to more accurately forecast cash inflow and outflow from customer invoices and vendor bills.

Improved Bill Capture and Financial Management

The 2025.1 release includes several enhancements to NetSuite Bill Capture:

  • Reference number column and duplicate detection warnings
  • Ability to add user notes that carry over to the bill
  • Option to remove uploads in bulk
  • Templates per subsidiary and vendor combination
  • Support for NetSuite SuiteTax, discounts, and payment holds
  • Side-by-side split view of uploaded files and generated bills
  • UK support when used with NetSuite SuiteTax

Additionally, NetSuite has expanded its bank connectivity with a new financial aggregator that allows connections to over 14,000 financial institutions in the US and Canada, including OAuth connections to over 700 banks.

Simplified Compliance and Grant Management

Compliance is easier with these new features:

  • NetSuite Compliance 360: Access new, reusable templates for recurring audits, enhanced audit documentation functionality, and improved user experience with intuitive visuals.
  • Grant Management SuiteApp: Add grant management functionality to any SuiteSuccess edition, including segments, records, KPIs, and reporting to support organizations that receive both commercial and government revenue.

Warehouse Management Improvements

NetSuite WMS gets several efficiency-boosting updates:

  • Break down larger pick tasks into smaller quantities
  • Replenish multiple bins using a cart
  • Import CSV files in bulk for bin transfer
  • Receive items in any configured unit of measure during a tally scan

Customer Experience Enhancements

The 2025.1 release brings several improvements to enhance your customer relationships:

  • Direct Invoice Payment Option: Generate invoices with email links that direct customers to your NetSuite SuiteCommerce site, allowing them to easily access and pay specific invoices.
  • Enhanced Customer 360: Access new charts, metrics, and lists to quickly get up to speed on a customer’s status and relationship history. New features include an opportunities and estimates tab, orders and returns tab, and an enhanced overview tab with more transaction types and dynamic sales headlines.
  • Theme Refresh for Commerce Solutions: NetSuite SuiteCommerce gets a facelift, improving usability and interface inclusivity.

Security and Development Updates

For developers and administrators, NetSuite 2025.1 includes:

  • End of SuiteSignOn (SSO) support, requiring transition to NetSuite as an OIDC Provider
  • End of support for RSA PKCSv1.5 (OAuth 2.0), requiring migration to the RSA-PSS scheme
  • New custom objects for prompts and Text Enhance actions in SuiteCloud Development Framework
  • Removal of the outdated Ext JS library to encourage migration to modern frameworks

Additional Enhancements

  • Specialized User Roles: Lower-priced licenses for users who only need access to specific records, reports, and features.
  • Enhanced Rebates Calculations: Calculate rebates on sales orders from NetSuite SuiteCommerce and based on data elements unique to individual operations.
  • SuiteTax Improvements: Better US tax reporting and support for combining time items and detail items on invoices and expense reports.
  • Workforce Management Features: New region-based override options for managing pay for noncompliant meal or rest breaks, plus pre-configured wage agreements for the hospitality and fast food industries in Australia.
  • Digital W2 Form Access: Employees can now access their digital W2 forms themselves through the employee center.

Getting Started with NetSuite 2025.1

NetSuite 2025.1 is rolling out in phases between February and April 2025. You can check your specific upgrade date in the New Release Portlet on your NetSuite dashboard. For hands-on access to see how these new features will work with your data, workflows, and customizations, don’t forget to request your Release Preview test account.


With these comprehensive enhancements, NetSuite 2025.1 provides you with the tools you need to increase efficiency, streamline operations, and stay competitive in today’s fast-paced business environment.

Caravel Wins Dual NetSuite Alliance Partner Spotlight Awards for Excellence in Services and Acumatica Switch

Posted on by Sarah Bensimon

Prestigious recognition highlights Caravel’s commitment to delivering exceptional NetSuite implementation services and successfully transitioning clients from competing ERP platforms

 

Industry-Leading Excellence Recognized

 

We are proud to announce that Oracle NetSuite has honored Caravel with not one, but two prestigious recognitions in their Winter 2025 Alliance Partner Spotlight Awards. Our team has been named the Services Spotlight Award Winner and the Competitive Spotlight Winner for Acumatica Switch.

 

These awards represent the highest level of recognition within NetSuite’s partner ecosystem and highlight our team’s technical expertise, dedication to client success, and ability to deliver exceptional results.

 

“We are incredibly honored to be recognized as a NetSuite Spotlight Award Winner in multiple categories. This achievement reflects the unwavering commitment of our teams, who go above and beyond to provide our clients with the attention, expertise, and dedication required for successful projects across a wide range of industries. Our focus remains on delivering tailored solutions that drive growth and create long-lasting value for every client we serve.”

 

–Tai Valenzuela, Senior Managing Director, Delivery & Operations

 

Setting the Standard in NetSuite Implementation

 

The NetSuite Alliance Partner Spotlight Awards are highly competitive accolades that recognize partners who demonstrate outstanding performance across several key areas:

 

  • Exceptional implementation services
  • Deep technical expertise
  • Proven client success stories
  • Specialized industry knowledge
  • Superior business process optimization

 

As a NetSuite Alliance Partner, Caravel provides comprehensive business consulting, integration, and implementation services that enable clients to extract maximum value from their NetSuite investment. Our team brings a unique combination of technical proficiency and business acumen that translates into measurable outcomes for our clients.

 

Leading the Way in Competitive Migrations

 

The Competitive Spotlight Award for Acumatica Switch specifically recognizes our expertise in helping businesses successfully transition from Acumatica to NetSuite’s more robust and scalable platform. This specialty requires not only technical migration skills but also change management expertise to ensure smooth transitions with minimal disruption to business operations.

 

Our proven methodology for competitive ERP migrations has helped numerous organizations modernize their business systems while preserving critical data and optimizing business processes.

 

About the NetSuite Alliance Partner Program

 

The NetSuite Alliance Partner program comprises an elite group of consultants and implementers who help NetSuite customers accelerate time to value. Alliance Partners are experts in their field with deep and unique understanding of NetSuite solutions, enabling them to deliver customized implementations that address specific industry and business requirements.

 

Looking Ahead

 

As we celebrate these achievements, we remain committed to expanding our NetSuite capabilities and delivering even greater value to our clients. We look forward to continuing our partnership with Oracle NetSuite and helping more organizations transform their operations through powerful cloud-based ERP solutions.

 

For more information about how Caravel can help your organization implement or optimize NetSuite, please contact our team at [email protected] or see the form below.

Caravel Wins NetSuite’s Services Alliance Partner of the Year 2024

Posted on by Sarah Bensimon

We are thrilled to announce that we have won this year’s NetSuite Services Alliance Partner of the Year! This award recognizes Caravel’s dedication to the Services industry, and being recognized for this by NetSuite is a huge honor.

 

The Caravel team has been diligently working with Services industry customers for over 20 years, with a focus on helping them thrive with NetSuite ERP. We have helped our customers excel with project management, resources, budgets, tasks, expenses, billing, and more, as well as with 3rd party integrations.

 

Managing Director of Delivery & Operations, Tai Valenzuela says, “We are incredibly honored to be named Services Partner of the Year for the fourth year in a row. This achievement is a testament to the hard work and dedication of our amazing team, our strong partnership with NetSuite, and our unwavering commitment to delivering exceptional results for our clients. We couldn’t have done it without the trust of our clients and the collaborative spirit that drives our success every day. Thank you to everyone who has been a part of this journey!”

 

 

Caravel will continue to proudly serve clients in the Services industry and help propel their business with the top ERP system available today, NetSuite.

Caravel Recognized by NetSuite as Summer 2024 Alliance Partner Spotlight Award Winner

Posted on by Tom Pearce

We are excited to share that Oracle NetSuite has named Caravel, A BPM Technology Solutions Company, a Summer 2024 Alliance Partner Spotlight Award Winner for Fintech, Logistics and Transportation, Microsoft Switch, and Transforming Business Operations. 

 

NetSuite’s Alliance Partner Spotlight Awards recognize leading partners for their demonstrated success in implementing NetSuite and their outstanding work with customers.

 

 

The NetSuite Alliance Partner program provides business consulting services, as well as integration and implementation services, that help customers get even more value from NetSuite. Alliance Partners are experts in their field and have a deep and unique understanding of NetSuite solutions.

 

 

Caravel will continue to be a leader in these industries with the goal of helping companies thrive.

 

“We are incredibly honored to be recognized as a NetSuite Spotlight Award Winner in multiple categories. This achievement reflects the unwavering commitment of our teams, who go above and beyond to provide our clients with the attention, expertise, and dedication required for successful projects across a wide range of industries. Our focus remains on delivering tailored solutions that drive growth and create long-lasting value for every client we serve.”

 

Tai Valenzuela, Managing Director, Delivery & Operations

 

Caravel's award in Microsoft Switch from NetSuite
Caravel's award in Financial Tech from NetSuite
Caravel awarded in Transforming Business Ops from NetSuite
Caravel's award in Logistics and Transportation from NetSuite

Having worked with over 750 clients, Caravel has propelled this experience into a repeatable, yet customizable framework for helping companies in various industries to define lean and scalable business processes, efficiently selecting the optimal technology to support the business, deploying the software platform, providing project oversight to ensure project, and ultimately business success and providing ongoing support services as needed.

Caravel Announces Platinum Sponsorship of SuiteWorld 2024

Posted on by Sarah Bensimon

SAN FRANCISCO – August 21, 2024 – Caravel | BPM Technology Solutions (Caravel) today announced that it is a Platinum level sponsor of SuiteWorld 2024, Oracle NetSuite’s largest celebration for customers and partners taking place September 9-12, 2024 at the Caesars Forum in Las Vegas and On Air. This year’s theme is “All Systems Grow,” and the conference will focus on how the right technology – fueled by the power of AI – can help organizations accelerate growth, gain better insights, make more informed decisions, and boost their bottom line. 

 

The event will feature four energy-packed days with keynotes from NetSuite executives, including Evan Goldberg, founder and executive vice president; Gary Wiessinger, senior vice president of application development; and Brian Chess, senior vice president of technology and AI. The keynotes will unveil new product announcements and showcase how organizations are growing with NetSuite. 

 

At SuiteWorld, Caravel will demonstrate key functionality and custom IP solutions built within NetSuite to support business needs across verticals such as SaaS/high-tech, medical, fintech, services, and products. Attendees will have the opportunity to learn about Caravel’s service offerings, including software advisory, implementation, support, and accounting to help define and optimize lean yet scalable business processes.

 

SuiteWorld will also include:

 

  • Success stories from organizations that have used NetSuite to gain the insights, control, and agility needed to adapt to changing market conditions and run their businesses better
  • New announcements unveiling the latest advancements in AI and other new technologies to help customers leverage the suite to realize their goals faster and more efficiently
  • Personalized training and learning sessions, with the opportunity to engage one-on-one with NetSuite Experts to receive insights tailored specifically to your needs
  • Networking opportunities with NetSuite partners, customers, executives, and product experts in the SuiteWorld Expo
  • An exclusive performance at The Party to celebrate the SuiteWorld community

 

To learn more, please visit us at booth 441 in the SuiteWorld Expo.

 

About SuiteWorld

SuiteWorld is the industry’s premier cloud ERP conference of the year being held at the Caesars Forum in Las Vegas and On Air on September 9-12, 2024. This annual celebration of NetSuite customers and partners features a gathering of industry peers and product experts who run organizations leveraging the power of NetSuite’s integrated business system.

 

For registration and additional details, please visit www.netsuitesuiteworld.com. To join the SuiteWorld conversation on social media, please use #SuiteWorld.

About Caravel

Caravel, a BPM Technology Solutions, is an award-winning software consulting and project management firm. Caravel offers strategic guidance, support, and deployment to businesses of all sizes. Our team provides comprehensive services to help you select the most appropriate technology, optimize your processes, scale your operations successfully, and ensure project success. Caravel has consolidated this experience into a repeatable framework for helping companies define lean yet scalable business processes, efficiently determining the right technology to support the business, deploy the software, and provide project oversight. To learn more, visit our website.

 

About BPM

BPM LLP is one of the 40 largest public accounting and advisory firms in the United States. With a global team of more than 900 colleagues, we help clients succeed around the world. Now certified as a B Corporation, BPM offers a cross-functional approach that gives clients direct access to the best and most qualified resources. To learn more, visit our website.

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.

 

Contact

Tai Valenzuela

Managing Director, Caravel | BPM LLP

[email protected]

[email protected]

210-392-9740

 

Caravel and InteriorWorx Announce Partnership

Posted on by Sarah Bensimon

June 25, 2024 — Caravel is thrilled to announce their formal partnership with InteriorWorx, a Construction company specializing in both residential and commercial projects. InteriorWorx is backed by Ridgeview Capital and has an internal focus on NetSuite optimization for construction organizations.


Together, the Caravel and InteriorWorx teams have developed an upgraded Construction for NetSuite solution, which has been meticulously crafted to empower Construction-based organizations with enhanced functionalities, streamlined processes and unparalleled efficiency.


Key Features

  1. Project Cost Detail – Our intuitive interface makes it simple to input project details, including labor, materials, and equipment costs, and automatically generates a comprehensive Schedule of Values tailored to your project specifications. Stay organized and informed with real-time updates, ensuring transparency and accountability at every stage of your construction project.
  2. Schedule of Values and Billing Management – With the enhanced SuiteBundle, the Schedule of Values is not only created with a single click, but allows users to track progress, manage budget allocations, and ensure accurate invoicing with just a few clicks. The Schedule of Values feeds the AIA-formatted invoice and includes retention calculations where required.
  3. Change Order Management – The upgraded Change Order function is inclusive of an enhanced UI for change order creation, approval and overall management at the project level. Our intuitive interface allows you to document changes, track associated costs, and communicate updates in real-time, keeping everyone on the same page.
  4. Retention Release – Our SuiteBundle expedites the retention release process, allowing project / contract managers to release retention invoices with a single click of a button.
  5. Advanced Reporting – The optimized solution elevates the action of construction-based reporting with our comprehensive WIP (Work in Progress) and Budget Comparison reporting. These reports are design to provide project stakeholders with real-time insights into how the construction project is being managed.

    About Caravel

    Caravel has served more than 750 clients over the past decade, providing a comprehensive range of services, including accounting, strategy, business processes and technology selection. Our commitment to excellence drives us to continually improve and refine our approach, helping our clients solve complex problems with modern tools.


    Caravel is proud to be a part of the technology services group of BPM LLP, a top 40 accounting and advisory firm. With our team by your side, you can unlock your business’s true potential and drive success in an ever-evolving marketplace.

    Salesforce Migrates from Workflow Rules and Process Builder to Flow Builder

    Posted on by Sarah Bensimon

    If you’re an avid Salesforce user, you probably heard that the software giant will be removing Process Builder and Workflow Rules at the end of 2025. What are the implications, and what does this mean for you? While change is inevitable as software innovates, we are here to help you advance alongside it.



    Salesforce recommends migrating automation to the new Flow Builder. Although Workflow Rules and Processes will continue to work, they won’t be offering support or bug fixes for them. The newly created Flow Builder will allow for more complex logic compared to its predecessor and will allow its users to create multistep processes with conditional branching, loops, and screen elements for user interaction. It will also offer increased flexibility with data manipulation, allowing you to perform more difficult data transformations, create records, and more—with a single flow. Compared to Workflow Rules and Process Builder, the new Flow Builder will offer more robust debugging and testing capabilities that users can troubleshoot more easily. Flow Builder will also integrate with APIs and external systems more seamlessly, for even more sophisticated automation scenarios.



    The migration to Flow Builder will take some time, so we suggest you start as soon as possible to allow time for testing. Salesforce has a Migrate to Flow tool and, along with that, Caravel will be offering support to its Salesforce customers.  



    Users currently heavily rely on these automation tools for lead routing, task assignments, and email notifications; the new alternative will work just as well, but it will require an adjustment period.



    Caravel will help you with understanding and familiarizing yourself and other users with Flow Builder. We will start by helping you assess your current workflows and processes and determining which ones will need to be migrated. We can also help you recreate the logic, criteria, and actions of each workflow and process.



    Once these steps have been taken, we will work with you to test out your new workflows in various scenarios and cases, validate the new functionality, and identify any potential issues. We can also help train current users on the new Flow Builder to ensure they understand the differences between new and existing processes.



    Contact us below if you’re new to Caravel and want some help migrating to Flow Builder. If you’re a current customer, please reach out to your customer support manager.  

    Caravel Recognized by NetSuite as Winter 2024 Alliance Partner Spotlight Award Winner

    Posted on by Sarah Bensimon

    We are excited to share that Oracle NetSuite has named Caravel, A BPM Technology Solutions Company, a Winter 2024 Alliance Partner Spotlight Award Winner for Insurance.

    The Alliance Partner Spotlight Awards recognize leading partners and their achievements for outstanding work with customers.


    The NetSuite Alliance Partner program provides business consulting services, as well as integration and implementation services, that help customers get even more value from their NetSuite software. Alliance Partners are experts in their field and have a deep and unique understanding of NetSuite solutions.


    Caravel will continue to show expertise in the Insurance industry with the goal of helping companies thrive.


    “Being recognized as a NetSuite Spotlight Award winner in the Insurance industry is more than just a recognition; it’s a testament to our dedication to innovation and excellence. It underscores our mission to not only help our clients thrive but also to cultivate their growth and success, empowering them to reach new heights in an ever-evolving industry landscape.”

     

    Tai Valenzuela, Managing Director, Delivery & Operations

     

    Having worked with over 750 clients, Caravel has propelled this experience into a repeatable, yet customizable framework for helping companies in various industries to define lean and scalable business processes, efficiently selecting the optimal technology to support the business, deploying the software platform, providing project oversight to ensure project, and ultimately business success and providing ongoing support services as needed.

    Caravel Recognized by NetSuite as North America Alliance Partner of the Year—Services

    Posted on by Tom Pearce

    We are excited to share that Oracle NetSuite has named Caravel, A BPM Technology Solutions Company, the North America Alliance Partner of the Year in Services for the 3rd year running.

     

    NetSuite celebrated its 25th year in 2023, and neither its past nor continued success would be possible without the expertise and enthusiasm of the partner community. During the SuiteWorld Partner Summit in Las Vegas, NetSuite announced winners in all categories, including Caravel’s Services Partner of the Year award.

     

    This year’s winners reflect how hard the partner community has worked to help our joint customers thrive using NetSuite to run their businesses.

     

    The NetSuite Alliance Partner program provides business consulting services, as well as integration and implementation services, that help customers get even more value from their NetSuite software. Alliance Partners are experts in their field and have a deep and unique understanding of NetSuite solutions.

     

    Caravel Partners continues to show expertise in the Services industry with the goal of helping companies grow.

     

    “Helping our Customers solve tough problems leveraging NetSuite is at the core of what we do. Super grateful to receive Partner of the Year for Services for the 3rd year in a row! Many thanks to our dedicated Customers and the team at NetSuite for providing us with this opportunity — without them, this wouldn’t be possible!”.

    Scott Curry, Managing Partner

     

    Having worked with over 500 clients, Caravel has consolidated this experience into a repeatable framework for helping companies define lean yet scalable business processes, efficiently determining the right technology to support the business, deploying the software platform, providing project oversight to ensure project, and ultimately business success and providing ongoing support services as needed.

    Caravel Recognized by NetSuite as Summer 2023 Alliance Partner Spotlight Award Winner

    Posted on by Tom Pearce

    We are excited to share that Oracle NetSuite has named Caravel, A BPM Technology Solutions Company, a Summer 2023 Alliance Partner Spotlight Award Winner for Healthcare and Medical & Dental Offices.

    NetSuite’s Alliance Partner Spotlight Awards recognize leading partners and their achievements for outstanding work with customers, including:

    • Demonstrated commitment and success in implementing NetSuite
    • Development of outstanding expertise, customizations, and/or intellectual property in specific micro verticals
    • Demonstrated commitment to and success in implementing NetSuite Analytics Warehouse, OpenAir, SuiteCommerce, and NetSuite Planning and Budgeting

    The NetSuite Alliance Partner program provides business consulting services, as well as integration and implementation services, that help customers get even more value from their NetSuite software. Alliance Partners are experts in their field and have a deep and unique understanding of NetSuite solutions.

    Caravel Partners continues to show expertise in the Healthcare industry with the goal of helping companies grow.

    “We are honored to be recognized for the dedication and increased focus our teams have put in to our growing number of Healthcare customers. We are excited to continue on this path to ensure success for all our clients and their business operations”.

    Tai Valenzuela, Director of Strategic Operations

    Having worked with over 500 clients, Caravel has consolidated this experience into a repeatable framework for helping companies define lean yet scalable business processes, efficiently determining the right technology to support the business, deploying the software platform, providing project oversight to ensure project, and ultimately business success and providing ongoing support services as needed.

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