How to use AI to automatically categorize your Netsuite data
The Parabola Team
Here's how to use AI to automatically categorize your NetSuite data in five simple steps, using Parabola:
- Set up your data source by creating a new Parabola flow and connecting your NetSuite account.
- Select the specific ERP data you want to categorize. Configure any necessary filters or parameters.
- Use Parabola's AI categorization tools to define your classification rules. This step lets you specify how the AI should analyze and label your data.
- Apply any additional refinements needed, such as transaction categorization or vendor classification.
- Generate your results by previewing the categorized data and running your automated flow. Once set up, this process will sync automatically.
Continue reading to see how businesses are using AI categorization to organize financial data, analyze transactions, and improve reporting accuracy.
How to use Parabola's NetSuite integration
Parabola's NetSuite integration allows you to seamlessly import and transform your business data without any coding required.
- Automatically sync NetSuite data on a scheduled basis
- Transform complex NetSuite data structures into actionable formats
- Combine NetSuite information with other data sources for comprehensive analysis
Pulling data from NetSuite
Before you can begin finding and replacing values, you'll need to pull your data from NetSuite into Parabola. The process starts with the Pull from NetSuite step, which connects directly to your NetSuite saved searches and brings your data into your Flow.
Key features
- Connect to any saved search in NetSuite
- Pull real-time data updates
- Filter data at the source
- Support for all NetSuite record types
How to use
- Add the Pull from NetSuite step to your Flow
- Connect your NetSuite account
- Select the saved search you want to use
- Configure any additional filters or parameters
- Run the step to preview your data
Applying AI to categorize your data
Once you have retrieved your data, you can use the Categorize with AI step in Parabola to automatically categorize it. This step uses large language models to evaluate each row of data and assign a category from a custom, predefined set.
Key features
- Automatically categorize data based on content for consistency
- Customize the categories to fit your specific needs
- Easily iterate on categorization over time to improve accuracy
- Add additional fine tuning to improve results from the model
How to use
- Add the Categorize with AI step to your Parabola Flow
- Select which column(s) to categorize
- Define the categories to output in the newly created column
- Name the new column containing your categories
- Optionally add additional fine tuning to improve accuracy and capture edge-cases
- Review and refine the categorization results as needed
Practical NetSuite AI categorization use cases and examples
Categorizing sales transactions
By automatically categorizing your NetSuite sales data, you can gain valuable insights into your business performance. The Categorize with AI step can help you group transactions by product type, customer segment, or any other relevant criteria, allowing you to generate more detailed reports and make more informed decisions.
Automating expense categorization
Categorizing your NetSuite expense data can streamline your accounting and budgeting processes. The Categorize with AI step can analyze your expense data and automatically assign categories such as travel, office supplies, or marketing, saving you time and reducing the risk of manual errors.
Improving inventory management
Leveraging the Categorize with AI step, you can automatically group your NetSuite inventory data by product type, supplier, or other relevant attributes. This can help you identify trends, optimize your stock levels, and make more informed purchasing decisions.
By using Parabola to automate the categorization of your NetSuite data, you can streamline your business processes, gain deeper insights, and make more informed decisions. The combination of Parabola's powerful data transformation capabilities and the AI-powered Categorize with AI step makes it a valuable tool for businesses of all sizes.
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Pull from NetSuite
Categorize with AI
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What is NetSuite?
NetSuite is a cloud-based enterprise resource planning (ERP) software that provides a comprehensive suite of business management tools, including accounting, inventory management, customer relationship management (CRM), and more. It is a popular choice for businesses of all sizes, particularly those that operate across multiple locations or require a centralized system to manage their operations.
Why would you want to automatically categorize your NetSuite data?
Automatically categorizing your NetSuite data can provide several benefits:
- Improved data organization and analysis
- Faster decision-making by having data readily available in the right categories
- Reduced manual effort and potential for human error in categorizing data
- Enhanced reporting and visualization capabilities by having data organized in a consistent, logical manner
