Professional Services

NetSuite for firms that bill their time.

Project accounting, resource planning, ASC 606 revenue recognition. For consulting firms, agencies, and service-led mid-market companies.

Tier 1
Oracle Platinum Partner
15+ yrs
NetSuite Alliance Partner
Spotlight Award winner
$50M–$1B
Mid-market focus
The problem

What PS firms actually need.

01

Project profitability that practice leads believe

Loaded labor rates, accurate WIP, and reporting at the project, customer, and practice level — not just the GL.

02

Resource scheduling without spreadsheets

Skill-matched, utilization-aware, multi-week visibility across practices. Less guesswork at staffing meetings.

03

ASC 606 that auditors sign off on

Performance-obligation modeling, allocation, and recognition that closes monthly without ad-hoc journal entries.

04

Time and expense capture people will actually do

Mobile-first T&E with project search, recents, and offline. Billable utilization surfaces in 24 hours, not a week.

Capabilities

PSA stack × Trevera depth.

ModuleTrevera depth
NetSuite SRP NativeLead PSA platform for new builds
OpenAir NativeMigrations + legacy support
Project Accounting NativeLoaded labor, WIP, project P&L
Resource Allocation NativeUtilization + skill matching
ASC 606 Revenue Recognition NativeMulti-element arrangements
Time & Expense Native + mobileMobile-first capture
Billing (T&M, fixed-fee, milestone) NativeAutomated workflows
Salesforce → NetSuite integration CustomOpportunity-to-project handoff
Engagement example
Placeholder — pending client approval

$65M consulting firm, multi-entity, ASC 606 in scope.

Migrated from FinancialForce + Salesforce to NetSuite SRP + Salesforce-NetSuite native integration. Cut close cycle from 14 days to 5. Surfaced billable utilization within 24 hours of week-end, down from 7 days.

5d
Close cycle
24h
Util reporting
5mo
Go-live
Failure modes

Three places this goes wrong.

Loaded labor rates set once and forgotten.

Project profitability is only as good as the labor rate behind it. Static rates that don't account for benefits, overhead, or seniority drift produce reports practice leads stop trusting.

ASC 606 treated as configuration, not design.

Performance obligations, allocation methods, and contract types are design decisions made before configuration starts. Treating them as a checkbox creates monthly rev-rec reconciliation pain.

Resource planning that lives in spreadsheets anyway.

If staffing meetings still happen in Excel after go-live, the PSA failed. Adoption is a design problem — surface utilization where staffing decisions actually get made.

What this looks like in practice

A typical 3-week discovery sprint.

  1. Week 01 Practice leads

    Project P&L reality.

    Where margin lives, how it gets reported today, what practice leads don't trust. Loaded labor rate audit. WIP, billing, and rev-rec walkthrough.

  2. Week 02 Finance + IT

    ASC 606, Salesforce, T&E.

    Contract types and performance-obligation modeling. Salesforce-to-NetSuite handoff design. Mobile T&E adoption strategy.

  3. Week 03 Output

    Written assessment.

    SRP vs. OpenAir recommendation, ASC 606 design summary, integration architecture, BI strategy, range estimate, timeline.

FAQ

Professional services questions.

01 NetSuite OpenAir or NetSuite SRP — which is right?
OpenAir is the legacy, deeper-PSA option with stronger resource scheduling and timesheet workflows. NetSuite SRP (built into NetSuite) is more tightly integrated with finance and is where Oracle is investing forward. For new implementations, we lead with NetSuite SRP unless OpenAir-specific functionality (advanced resource search, complex skill matrices) is critical.
02 How does NetSuite handle ASC 606 revenue recognition?
NetSuite Revenue Management handles five-step ASC 606 (identify contract, identify performance obligations, determine transaction price, allocate, recognize) natively. The setup work is in your contract types and performance obligation definitions — not in the software. Trevera scopes ASC 606 in the design phase before configuration.
03 Can NetSuite replace a dedicated PSA like Mavenlink or FinancialForce?
Yes for most mid-market PS firms. Where it gets harder: highly matrixed resourcing across multiple practices, sophisticated demand-supply modeling, or a deep existing investment in another PSA's reporting layer. We'll be honest if the migration math doesn't work.
04 How is utilization tracked and surfaced to practice leads?
Resource utilization, billable utilization, and committed utilization are tracked in NetSuite SRP / OpenAir with native reports. We typically extend these with NetSuite Analytics Workbook dashboards or push to a BI layer (Looker, PowerBI) for practice-level visibility.
05 What's the typical timeline for a $50M consulting firm?
Plan on 4–6 months for a single-entity PS firm with project accounting, time/expense, billing, and ASC 606 in scope. Multi-entity OneWorld or international rollouts run 6–10 months.
06 How do project profitability reports actually work?
Project profitability rolls up cost (loaded labor, expense, vendor) against revenue (billed + WIP) at the project, customer, and practice level. The system is only as good as your loaded labor rates and project-coding discipline. We design both during scoping.
Next step

Have a NetSuite or Oracle Cloud project on the table?

We'll tell you what's realistic, what it'll cost, and where it could go wrong — before you sign anything.

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90 minutes · No deck · No SDR