Order management in NetSuite refers to the process of handling and overseeing sales orders, from creation to fulfillment, within the NetSuite ERP (Enterprise Resource Planning) system. NetSuite’s order management functionalities streamline the entire order lifecycle, from the initial placement of an order to its completion, invoicing, and customer support.
NetSuite CPQ (Configure, Price, Quote) is a sales solution that helps you automate, accelerate, and increase accuracy in the process of configuring, quoting, and ordering complex products and services by leveraging your business logic. By quoting and selling complex configurable items quickly, sales teams can improve customer experience and satisfaction while investing the saved time in enhancing the sales process.
In NetSuite, an estimate refers to a document that provides a detailed breakdown of the expected costs, prices, and quantities for goods or services that a company plans to provide to its customers. It serves as a preliminary proposal or quote that outlines the estimated expenses, pricing, and terms associated with a potential sale.Â
In NetSuite, canceling a sales order involves voiding or closing the order to prevent further processing, such as fulfillment or invoicing. The ability to cancel a sales order depends on its current status and whether any partial or complete actions (like fulfillment or invoicing) have been performed.
