Get NetSuite Automation Solution for Asset Renting Industry
Case Study
Overview
The asset renting industry often faces complex item rental scenarios that require automation in invoicing, as well as streamlined store and procurement processes. As a Top NetSuite Solution Provider, we implemented a tailored solution to handle client-specific scenarios such as:-
• Equipment breakdown
• Partial returns
• Complete return
• Asset Replacement
• Other custom rental cases scenarios
Process Stages Implemented via NetSuite:
- Lead management
- Customer quotation
- Sales order creation
- Automated invoicing
Challenges Faced:
- Native item fulfilment features didn’t meet the client’s needs
- Custom billing schedules were required.
Our Solution:
As one of the leading Online NetSuite Solution Providers, we delivered a fully customised solution:Sales & Invoicing Process:
- Developed a custom workflow to manage all rental scenarios, including asset replacements
- Fully automated invoicing using scheduled workflows
- Created a procurement flow integrated with inventory checks and vendor selection
- Streamlined form submissions and approval routing via NetSuite workflows
Procurement & Purchase Automation:
- Auto-generation of Purchase Orders
- Vendor item request, billing, and payment workflows
- Multi-currency support for international subsidiaries
- Custom General Ledger (GL) impact using SuiteGL
- Integration of tailored Chart of Accounts
Additional Features Delivered:
- Month-start automated invoicing (e.g., all previous month’s invoices generated on the 3rd)
- Multiple saved searches and customised reporting
- Custom PDF and HTML email templates
- Workflow-based approval system to avoid manual authorisation steps