NetSuite Petrochemical Solutions for Manufactures & Distributors


Transform Your Business with NetSuite

NetSuite provides petrochemical companies with a comprehensive ERP solution that can help them improve operational efficiency, compliance, and customer satisfaction while driving growth and profitability. However, it's essential for petrochemical companies to work with experienced implementation partners to tailor NetSuite to their specific needs and ensure successful deployment. However, successful implementation and customization of NetSuite require collaboration with experienced implementation partners who understand the unique needs and challenges of the Petrochemical industry.

OpenTeQ provides comprehensive support for the development and implementation of NetSuite for energy companies. Reach out to us today to learn how we can help you.


Cloud-based business solutions from NetSuite for Petrochemical companies

From fast-changing regulations to fluctuations in international markets, oil and gas businesses need software that is flexible, efficient, and amenable to an ever-changing landscape. NetSuite for Oil and Gas is a unified suite of cloud-based applications to support all of your business needs with modules pre-configured to your industry. It combines an enterprise resource planning (ERP) system, with customer relationship management (CRM), project management, analytics and reporting, and more.

As an Oracle NetSuite Solution Provider, OpenTeQ business application experts are recognized as leading specialists in implementing rapid cloud solutions across industries. Our NetSuite clients benefit from our OpenTeQ methodology delivering software on time, as promised.

NetSuite licensing

Connected ERP, CRM, and more

From back-office financials and field service to tax and environmental regulations, NetSuite is a fully unified business management platform built in the cloud for fast-growing energy companies.

Beyond NetSuite

Built-in reporting, KPIs, and unified insights

Leverage out-of-the-box roles and dashboards which allow every user in your company to monitor the aspects of business most relevant to them. With real-time visibility, you can better manage asset performance and track data trends in utilization and service issues.

Beyond NetSuite

Rapid implementation using industry best practices

Reduce time and money spent on configurations and custom development with NetSuite for oil and gas from Rand Group, a pre-configured solution that leverages industry knowledge and settings tailored to your organization.

NetSuite Features that Support Petrochemical

NetSuite can be a valuable tool for Petrochemical companies, providing them with the necessary capabilities to manage their complex business processes efficiently. Here's how NetSuite can benefit Petrochemical companies:

Financial Management

NetSuite offers robust financial management capabilities, including general ledger, accounts payable, accounts receivable, and fixed assets management. Petrochemical companies can track and manage their financial operations efficiently.

Supply Chain
Supply Chain Management

NetSuite provides supply chain management features such as inventory management, procurement, and order management. Petrochemical companies can optimize their supply chain processes, ensuring smooth operations from procurement of raw materials to delivery of finished products.

Production Management

NetSuite allows petrochemical companies to manage their production processes effectively. It enables them to plan and schedule production, monitor work orders, track production costs, and ensure quality control.

Regulatory Compliance
Regulatory Compliance

Petrochemical companies need to comply with various industry regulations and standards. NetSuite helps in managing compliance requirements by providing tools for regulatory reporting, auditing, and documentation.

Customer Relationship
Customer Relationship Management (CRM)

NetSuite's CRM module enables petrochemical companies to manage customer relationships, sales, and marketing activities. It helps them to understand customer needs, improve customer satisfaction, and drive sales growth.

Analytics and Reporting
Analytics and Reporting

NetSuite offers robust analytics and reporting capabilities, allowing petrochemical companies to gain insights into their operations, performance, and profitability. They can generate custom reports, dashboards, and key performance indicators (KPIs) to make informed decisions.

Scalability and Flexibility

NetSuite is highly scalable and can adapt to the changing needs of petrochemical companies as they grow and evolve. It offers flexibility to customize workflows, processes, and modules to fit specific business requirements.

Cloud-Based Deployment
Cloud-Based Deployment

Being a cloud-based ERP solution, NetSuite offers the advantage of accessibility from anywhere with an internet connection. Petrochemical companies can access real-time data, collaborate across locations, and streamline operations more efficiently.

Benefits of Petrochemical companies after implementing

  • Streamlined Operations and Cost Reduction: NetSuite enables Petrochemical companies to streamline their operations, eliminating inefficiencies and reducing costs. By automating various processes and providing real-time insights, organizations can optimize their resource utilization and operational efficiency.
  • Improved Visibility into Every Aspect: Visibility into critical aspects of the business is crucial in the Petrochemical industry. NetSuite offers comprehensive visibility, from financials and inventory to supply chain and projects. This transparency empowers decision-makers with the data needed to make informed choices.
  • Real-time Insights for Informed Decisions: In a dynamic industry like Petrochemical, real-time insights are invaluable. NetSuite provides the tools and analytics necessary for making data-driven decisions promptly. This capability is particularly beneficial for monitoring project status and resource allocation.
  • Accelerated Growth and Global Scaling: Petrochemical companies can expand their operations globally with confidence using NetSuite. The cloud-based platform allows for scalability and access to data from anywhere, ensuring that businesses can grow while maintaining control and compliance.

OpenTeQ NetSuite Modules For Petro-Chemical

Core Netsuite Modules

Financials First



Inventory Management


Core Netsuite Features

Reporting(Std & Cust)



Chart of Accounts

Fixed Assets


OpenTeQ Modules for Petro-Chemical

PO Approval Process

Bulk Upload

Expiry Date Management

Commerce Codes and Country of Origin Utilities

Revision Management

Field Services

Bartender Interface

Advanced NetSuite QMS

Native Netsuite B2B Portal

Document Management

AP/ AR Automation

Vendor Onboarding

Employee Onboarding


3rd Party Technology Partners
  • Payment
  • Payout Orchestration

Payout Orchestration (POS Terminal Transaction Information)

Payout Orchestration (Suppliers, Vendors, Contractors, AP, etc)

  • iPaaS/Connector
  • AI Agnostic
  • AP / AR

Power Petrochemical business to the Next Level

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