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Financials

Better Manage Your Business with Integrated Financials

Streamline financial processes and planning and increase insight into the financial side of your retail enterprise with a fully integrated financial management system that allows you to improve organizational efficiencies and grow the business.

Retail-Time Financials and Accounting for Retailers

  • Support core accounting functions such as general ledger, accounts receivables, accounts payable and fixed assets management with strong compliance management.
  • Improve business performance, increase financial close efficiency and reduce back-office costs with standardized processes using a single, integrated solution.
  • Rely on audit trail visibility with drill-down capabilities to see the underlying detail from financial statements to the transaction.
  • Optimize procure-to-pay and leverage an intuitive user interface and integrated workflow to process requisitions to vendor payments, end-to-end.
  • Ease tax compliance with prebuilt tax intelligence to process sales transactions in compliance with proper regulations.
  • See consolidated financial results for any part of the business at a summary level, and all the way down to the underlying transactional details with real-time visibility.

Business Impact

Speed Insight

Gain real-time access to the financial and operational performance of your retail enterprise.

Streamline Operations

Automate transaction flow and reduce manual data entry to eliminate errors and improve time to value.

Manage Risk and Compliance

Maintain compliance with applicable accounting standards while establishing control and enabling audit trails.

NetSuite ERP

  • Business requirements: The ERP system should meet your organization’s business needs and align with your operational processes.
  • Scalability: The system should be scalable to meet your organization’s future needs, including growth, expansion, and changing business requirements.
  • Customization: The system should allow for customization to meet specific business needs and integrate with other systems.
  • Integration: The ERP system should integrate with other systems and applications your organization uses, such as CRM, HR, accounting, and inventory management.
  • Ease of use: The system should be user-friendly and easy to use, reducing training costs and ensuring a smooth transition for employees.
  • Cost: Consider the total cost of ownership, including licensing, implementation, training, and ongoing maintenance costs.
  • Security: The ERP system should have robust security features to protect sensitive data and prevent unauthorized access.
    Vendor reputation: Choose a reputable vendor with a proven track record of delivering quality ERP systems and excellent customer support.
  • Support & maintenance: The vendor should offer reliable support and maintenance services to ensure smooth system operation and minimize downtime.
  • Industry-specific features: The ERP system should have industry-specific features that meet your needs, such as compliance with regulatory requirements or specific reporting capabilities.
  • Experience and expertise: Choose a vendor with a proven track record of delivering successful ERP implementations. Look for reviews, case studies, and references to evaluate the vendor’s experience and expertise.
  • Project management methodology: Check their project management approach and see how they manage risks, issues, and change requests.
  • Team composition: Ensure the vendor has the right team composition to deliver successful implementation, with skilled and experienced members having diverse expertise like functional, technical, and project management.
  • Customization capabilities: The vendor should have customization capabilities to meet your specific business needs and integrate with other systems.
  • Cost: Consider the vendor’s pricing structure, including implementation, training, and ongoing maintenance costs.
  • Training and support: Check their training and support processes and see how they will help you and your employees throughout the implementation and beyond.
  • Change management expertise: The vendor should have experience in change management, ensuring your organization can adopt the new system smoothly and efficiently.
  • Communication and collaboration: The vendor should have open and transparent communication channels and foster collaboration between their team and your organization.
  • Data security: The vendor should have robust security features to protect sensitive data and prevent unauthorized access.
  • Scalability: The vendor should have the capabilities to scale the system to meet your organization’s future needs, including growth, expansion, and changing business requirements