Don't Leave Without Your
Olympic-Level Free Assessment
person-image Don't Leave Without Your
Olympic-Level Free Assessment

You've unlocked a free consultation with HouseBlend CEO and former Olympian Nicolas Bean.

person-image

NetSuite 2025 Release 1: Latest Updates, Features, and Security Enhancements

NetSuite continues to evolve with each new release, and NetSuite 2025 Release 1 is no exception. Packed with new product offerings, exciting feature enhancements, and strengthened security measures, this release promises to empower businesses to streamline their operations and ensure data integrity. In this blog post, we’ll dive deep into the latest updates from NetSuite this week, covering everything from new product releases and AI-powered features to critical security improvements.

New Product Releases

NetSuite 2025 Release 1 introduces several powerful new tools designed to help businesses become more efficient, reduce costs, and scale seamlessly. Let’s take a closer look at the new products.

1. SuiteProcurement: The Indirect Procurement Solution

A significant addition to NetSuite’s suite of products is SuiteProcurement, a comprehensive procurement solution built to manage indirect purchases (e.g., office supplies, operational supplies). With this tool, businesses can automate the process of procuring goods and services from request to payment, ensuring that all purchases are tracked, approved, and processed efficiently.

  • Key Features:
    • Automates purchase request creation and approval routing.
    • Integrates with approved supplier networks (Amazon Business, Staples) to ensure better pricing and quicker procurement cycles.
    • Provides better tracking and visibility across the entire purchasing process, giving businesses complete control over procurement spending.

This release will help organizations improve procurement efficiency by reducing manual tasks and keeping costs under control.

2. NetSuite Integration Connectors

NetSuite 2025.1 adds new connectors for popular external systems like Salesforce CRM, Shopify B2B e-commerce, and Microsoft Outlook. These new connectors allow seamless data synchronization between NetSuite and these third-party platforms, minimizing manual data entry and ensuring your systems are always aligned.

  • Benefits:
    • Salesforce Connector: Automatically syncs customer and order data in real-time, enhancing visibility and streamlining the order-to-cash process.
    • Shopify B2B Connector: Keeps customer, inventory, and pricing data up-to-date across your e-commerce store and NetSuite.
    • Outlook Integration: Syncs emails and calendar events into NetSuite, ensuring your CRM remains up to date.

These connectors significantly reduce the time and effort required for data reconciliation, improving efficiency across departments.

3. Manufacturing SuiteApps: New Tools for Production and Inventory

NetSuite 2025.1 introduces two new Manufacturing SuiteApps to streamline operations in the production and inventory management space:

  • NetSuite Manufacturing Scheduler: Optimizes production schedules by allowing planners to allocate work efficiently across multiple work centers, factoring in work-center calendars and dependencies.
  • NetSuite Auto Serial Numbering: Automates the generation of serial numbers for products, ensuring traceability and compliance in industries that require lot/serial tracking.

These new tools help manufacturers reduce bottlenecks, improve inventory control, and maintain compliance with industry regulations.

4. Grant Management SuiteApp

NetSuite introduces a new Grant Management SuiteApp for organizations that rely on grants (e.g., nonprofits and educational institutions). This solution helps track and manage grant funding, from allocation to reporting.

  • Key Features:
    • Provides full visibility into grant allocations and usage.
    • Integrates seamlessly with other NetSuite modules to consolidate financial data.
    • Offers custom reporting to support compliance and transparency.

The Grant Management SuiteApp ensures that grant-driven organizations can manage their funding more efficiently, while meeting compliance requirements.


Feature Updates and Enhancements

NetSuite’s 2025 Release 1 also includes major updates and feature enhancements that improve day-to-day business processes. Here are the most important ones:

1. AI-Powered Analytics and Assistance

NetSuite 2025.1 introduces several AI-driven enhancements to improve data analysis, reporting, and customer support:

  • Narrative Reporting: A new AI-driven feature that automatically generates written financial commentary based on your reports. This helps finance teams reduce the time spent drafting narrative reports, giving them more time to focus on analysis and strategy. It also allows businesses to provide real-time insights into financial results, trends, and variances without spending hours writing content.
  • SuiteAnswers AI Assistant: The introduction of an AI-powered NetSuite Expert in SuiteAnswers means users can now get quick, context-sensitive answers to their questions about NetSuite, automatically generating responses from the knowledge base. This helps improve the speed and accuracy of support, enabling users to resolve issues faster.
  • AI Analytics Assistant: In the NetSuite Analytics Warehouse, the AI Assistant can now generate dashboards, graphs, and insights by simply asking natural language queries. This helps users uncover trends and insights without needing to manually search for or create reports.

These AI-powered tools reduce the workload on employees, enhance decision-making, and ensure that critical information is accessible to all users with minimal effort.

2. Financial Management Enhancements

Several updates to NetSuite’s financial suite enhance invoicing, cash flow forecasting, and accounting operations:

  • Bill Capture: The ability to scan and capture invoices from vendors has been improved. The system now automatically identifies and flags duplicate bills, supports multi-currency tax with SuiteTax, and lets users add notes to scanned invoices. These updates streamline the AP invoice process, reduce errors, and help maintain accurate financial records.
  • Cash Flow & Billing Improvements: NetSuite’s Cash 360 dashboard now includes a feature that factors in installment payment schedules, providing a more accurate cash flow forecast. Additionally, SuiteBilling allows businesses to handle complex billing scenarios more effectively, making it easier to manage subscription billing and revenue recognition.

These updates ensure businesses have more control over their financial operations and can make more accurate financial forecasts.

3. Field Service and Operational Enhancements

NetSuite also adds new features to Field Service Management, improving efficiency for technicians in the field:

  • Automated Time Entries: The system can now automatically create time entries for service jobs based on technician start and end times. This helps reduce administrative workload and improves the accuracy of time tracking.
  • Enhanced Mobile Experience: Field service technicians can now upload multiple photos or documents at once using their mobile device, making it easier to attach work proof or inspection images without extra effort.

4. User Roles and Permissions Enhancements

NetSuite 2025.1 introduces new, specialized user roles that allow businesses to grant limited access to specific features or data. For example, businesses can create lower-cost licenses for employees who only need viewing and approval permissions without full access to other features, such as complex transaction data.

This feature helps companies reduce licensing costs while improving security by limiting user access to sensitive data.


Security Updates and Improvements

With every new release, security is a top priority, and NetSuite 2025.1 is no exception. This release brings several critical security enhancements to ensure data integrity and protect sensitive business information.

1. Stronger Authentication Methods

NetSuite has moved to modernize authentication protocols, requiring all users to transition to OIDC (OpenID Connect) for Single Sign-On (SSO) instead of the legacy SuiteSignOn method. This change improves security by adopting more reliable and modern standards.

Additionally, OAuth 2.0 is now the required standard for integrating third-party applications with NetSuite. The use of stronger encryption (RSA-PSS or elliptic curve cryptography) ensures that data shared between systems is securely transmitted.

2. Secure Bank Feeds

NetSuite has partnered with a financial data aggregator to offer secure OAuth 2.0 connections to over 14,000 financial institutions, improving the stability of bank feeds and ensuring secure connections between NetSuite and banking systems. This enhancement reduces disruptions and minimizes the risk of unauthorized access to financial data.

3. Two-Factor Authentication (2FA)

NetSuite has enhanced two-factor authentication (2FA) for access to time clocks and other sensitive data. This feature is now mandatory for employees using biometric or time clock functions. The addition of 2FA ensures that only authorized users can log time, which reduces the risk of fraud (such as "buddy punching") and strengthens security for time tracking.

4. Privacy and Audit Enhancements

The Compliance 360 SuiteApp now offers better support for audit logs and privacy regulations. This SuiteApp tracks who is accessing sensitive personal data, helping businesses stay compliant with data protection laws like GDPR and CCPA. The app also allows businesses to track changes to personal data and restrict access based on role, ensuring compliance with industry standards.


Conclusion

NetSuite 2025 Release 1 is packed with new product features, enhancements, and security updates that will help businesses run more efficiently, reduce costs, and stay secure. From the new SuiteProcurement tool to AI-powered Narrative Reporting and tighter data security measures, this release offers a wide range of improvements for businesses across industries.

By taking advantage of these updates, businesses can streamline operations, enhance decision-making, improve customer service, and better secure their data. However, businesses will need to plan for security transitions (such as migrating to OIDC for SSO) and adapt to new features like the AI tools to fully benefit from this release.

With these updates, NetSuite 2025 Release 1 helps businesses of all sizes manage their operations with greater efficiency and security, ensuring they are prepared for the challenges and opportunities ahead.