Oracle NetSuite expands AI features and integrations to automate business operations

Author: Refna Tharayil | Source: Tech Monitor | Read the full article | Published: February 7, 2025

Oracle NetSuite has recently enhanced its software with new artificial intelligence (AI) features aimed at making business operations more efficient. These updates include tools that help automate tasks like pricing, procurement, and billing, which can save companies time and reduce errors. The founder of Oracle NetSuite, Evan Goldberg, emphasized that these improvements are designed to provide more value to businesses of all sizes.

The company is also transitioning to a more advanced cloud infrastructure, which promises better security and performance. This move is part of a broader strategy to integrate AI directly into their software, allowing businesses to benefit from automation without needing to rely on general-purpose AI assistants. New features include tools for managing data entry and product configurations, as well as a quoting feature that helps sales teams quickly generate price estimates through chatbots.

In addition to these AI advancements, Oracle NetSuite has updated its procurement and billing systems to enhance collaboration with suppliers and improve invoicing processes. These changes aim to streamline operations and improve cash flow management for businesses. Overall, Oracle's latest updates reflect a growing trend in the industry to leverage AI for better efficiency and productivity in enterprise resource planning and customer relationship management.

[Read More]