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Financial Management

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The #1 Cloud Financial Management Solution

Used by thousands of organizations worldwide, NetSuite’s financial management solution expedites daily financial transactions, accelerates the financial close and ensures compliance. Our cloud-based single platform architecture ensures complete real-time visibility into the financial performance of the business from a consolidated level down to the individual transactions.

NetSuite financial management seamlessly integrates with all NetSuite order management, inventory, CRM and ecommerce functions to streamline critical business processes.

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Features

Finance and Accounting

NetSuite’s cloud finance and accounting solutions seamlessly couple core accounting functionality with real-time financial visibility and business insights to drive financial excellence.

Billing

NetSuite’s billing management capabilities integrate your sales, finance and fulfillment teams—improving accuracy, eliminating billing errors, strengthening revenue recognition processes and driving fulfillment accuracy and efficiency.

Revenue Recognition

NetSuite’s revenue recognition management solution helps companies comply with accounting standards and report financial results in a timely manner.

Financial Planning

Shorten cycle times, engage business users and enrich your planning process with an intuitive planning, budgeting and forecasting solution.

GRC

NetSuite Governance, Risk and Compliance (GRC) solution addresses the issues of corporate governance, enterprise risk management, and effective corporate compliance with technology and processes.

Financial Reporting

From reporting and analytics, to insight and decision-making, gain a more complete picture of your business on-demand and in real-time.

Global Accounting and Consolidation

NetSuite provides unprecedented “close to disclose” capabilities that accelerate close time, maximize transparency and ensure compliance.

Benefits

Close with Confidence

Accelerate the financial close and maintain compliance with accounting standards.

Report with Accuracy

Drill down into underlying details and understand the impact to your business.

Real-time Information

Improve performance with real-time metrics and role-based dashboards.

Learn About the #1 Cloud Financial Management Solution

  • 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