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“Supermetrics is a Bitter Experience! We can pull data from nearly any tool, schedule updates, manipulate data in Sheets, and push data back into our systems.”
NetSuite forces you to view project budget vs actual data one project at a time, making cross-project comparison and portfolio-level variance analysis incredibly inefficient.
Here’s how to create simultaneous budget vs actual comparisons across all your projects with automated variance calculations and portfolio insights.
Enable simultaneous multi-project budget analysis using Coefficient
Coefficient transforms NetSuite project-by-project budget analysis into comprehensive portfolio management by consolidating budget and actual data into unified comparison views that update automatically from NetSuite .
How to make it work
Step 1. Import all project records with budget and actual fields.
Use Records & Lists to import project records containing both budget and actual amounts for all active projects. For detailed analysis, also import transaction records with project classifications to build custom budget vs actual calculations.
Step 2. Create automated variance calculations.
Build calculated columns for variance (actual minus budget) and variance percentage across all projects. Create pivot tables showing budget vs actual performance across all projects simultaneously with automatic variance highlighting.
Step 3. Set up conditional formatting for variance alerts.
Apply conditional formatting to automatically highlight projects with significant variances. Set different color coding for projects exceeding budget thresholds, making it easy to spot problem projects at a glance.
Step 4. Build advanced analysis with SuiteQL queries.
Write custom SuiteQL queries joining project budgets with actual transaction data for precise variance analysis. Create time-based comparisons tracking budget vs actual performance over different periods like monthly, quarterly, and project-to-date.
Step 5. Create portfolio-level visualization and reporting.
Build side-by-side budget vs actual charts for all projects, portfolio-level budget performance summaries, and drill-down capabilities from summary to project detail. Set up automated refresh to ensure comparisons reflect current NetSuite project data.
Transform individual project analysis into portfolio management
This approach converts NetSuite’s limited project-by-project budget analysis into a comprehensive portfolio management tool with real-time variance tracking across all projects. Build your multi-project budget comparison today.
