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Controller

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Get your numbers right the first time—and every time

Understand The Business Transaction

Optimize Your Finance Organization By Switching From Efficiency to Effectiveness

The role of the controller is changing in ways that mirror those of the broader finance function. The increased involvement in strategic support is raising the financial controller’s profile introducing concerns around how finance areas will support demand to meet a wider set of expectations. This is in addition to an already complex finance function fuelled by changing regulations, budget and resource constraints and plans for corporate expansion.

NetSuite delivers improved business results while optimizing financial processes. NetSuite offers the functionality your organization needs to improve efficiencies, reduce costs and get more done by eliminating time-consuming, error-prone manual processes and point solutions by automating and streamlining day-to-day accounting and financial operations.

Benefits

Controller the Custodian

Focus on governance, ensure compliance and controls are in place, and stay compliant with tax and regulatory changes across the world with automatic upgrades and built-in capabilities.

Controller the Bookkeeper

Focus on accounting operations, from transaction processing through financial close and reporting. Streamline and automate day-to-day accounting and financial operations eliminating slow, error-prone manual processes.

Controller the Business Partner

Organize so that you can operate at a strategic level by enabling self-service; spend more time working through and advising on the financial and control implications of delivering the strategy.

Controller the Commentator

Tell the business story in numbers using variance analysis, KPI’s, custom reports using real-time data and information that helps management make better decisions.

Features

Improve Financial Reporting

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

Enhanced Financial Close

Accelerate financial close by up to 50 percent and improve revenue recognition processes.

Optimize Financial Processes

Transform inefficient manual and paper-based processes into streamlined workflows with end-to-end support for order-to-cash and procure-to-pay processes.

Support Multinational, Multi-Subsidiary and Multi-Currency Operations

Global businesses manage multiple subsidiaries with NetSuite’s built-in support for 190+ currencies, 19 languages and tax reporting in 50+ countries.

  • 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