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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.”
Copy-paste burn rate tracking creates version control nightmares and outdated projections. You’re manually pulling expense data, payroll costs, and cash balances from NetSuite, then rebuilding charts every time you need current numbers.
Live data connections eliminate this workflow entirely. Your burn rate charts update automatically as new expenses hit NetSuite, giving you real-time runway projections without manual intervention.
Connect multiple NetSuite data sources for live burn rate tracking using Coefficient
Coefficient creates direct connections to all your burn rate data sources in NetSuite . Pull expenses, payroll, revenue, and cash balances into a unified dashboard that calculates burn rate automatically. Your charts stay current without copy-paste workflows.
How to make it work
Step 1. Import expense and payroll data.
Use Coefficient’s “Records & Lists” to connect to Expense Report records and Payroll records. Filter for your current fiscal period and select fields like Amount, Date, and Department. This captures your monthly cash outflows automatically.
Step 2. Connect to cash account balances.
Import Account records to track your cash positions and bank balances. Set up the import to pull current balances that update with each refresh. This gives you the cash runway component of your burn rate calculation.
Step 3. Build automated burn rate formulas.
Create spreadsheet calculations that determine monthly burn rate using your live expense and payroll data. Build runway projections by dividing current cash by average monthly burn. These formulas recalculate automatically when NetSuite data refreshes.
Step 4. Schedule frequent data updates.
Configure hourly or daily refresh schedules to keep burn rate charts current throughout the business day. Set up manual refresh options for immediate updates during investor meetings or board presentations.
Step 5. Create dynamic burn rate visualizations.
Build charts that show burn rate trends, runway projections, and cash flow patterns. Use the live data to create scenario analysis and what-if projections that update automatically as your financial situation changes.
Get real-time financial insights without manual data work
Live NetSuite burn rate tracking eliminates version control issues and provides instant access to current runway projections. Your financial charts stay accurate without copy-paste workflows, giving stakeholders confidence in your financial reporting. Start building your automated burn rate dashboard today.
