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CFO

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Position your business for adaptability by reducing costs, complexity and risks

Steer Strategically While Managing Risk

Deliver Improved Business Results While Optimizing Financial Processes

Over the years, the CFO role has broadened dramatically, so, today, the position belies the sheer breadth and depth that spans the role. Beyond the core responsibilities of financial reporting, audit and compliance, planning, treasury, and capital structure, CFO’s are, increasingly, playing a more prominent role in corporate portfolio management and capital allocation.

NetSuite enables you to manage your core business processes with a single, fully integrated system while allowing flexibility in a changing business environment saving costs, managing risks, driving productivity and managing compliance—thus allowing you to grow your business.

Benefits

CFO the Leader

Fund, enable and execute on domestic and global expansion strategies and build a financial model to succeed across geographies.

CFO the Strategist

Focus on strategic activities enhancing business performance and shareholder value by delegating critical, yet mundane, finance functions while still maintaining control.

CFO the Steward

Get a more consistent, holistic, real-time view of risks and regulations that could undermine strategic choices. Increase efficiency and maintain a cost-effective organization while keeping pace with fast growing revenue.

CFO the Catalyst

Provide financial perspective on innovation and profitable growth. Enable management and manager’s access to financial information to make effective business decisions.

Features

Scale to Support Growth

Multi-subsidiary enabled, used in 100+ countries across 190+ currencies, 19 languages and tax reporting in 50+ locales.

Optimize Processes to Efficiently Meet Compliance

A single version of the truth across the entire organization offers unprecedented efficiency and accuracy for meeting audit, reporting and compliance requirements.

Lower Total Cost of Ownership

Cloud infrastructure eliminates the need for maintenance of hardware, servers, databases, backups, upgrades and IT infrastructure.

Drive Business Decisions

Built-in, real-time financial dashboards, reporting and analytics to make better, faster decisions.

  • 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