NetSuite financial management solutions automate core finance and accounting processes, provide detailed insights into the performance of your business and reduce the risk of reporting errors, giving you greater control of your financial assets.
2. WHAT IS NETSUITE FINANCIAL MANAGEMENT?
It expedites daily financial transactions, reduces budgeting and
forecasting cycle times, ensures compliance, and accelerates the
financial close.
It smoothly integrates with additional business applications including
order management, inventory, CRM, and commerce.
The solution delivers enhanced visibility into the financial performance
of the business.
3. CHALLENGES RESOLVED BY NETSUITE
FINANCIAL MANAGEMENT
Automates Manual Processes that waste time and resource
Single source of real-time transactional, financial and
operational data.
Boost Accuracy by eliminating duplicate data entries and
incorrect formulas
Consistently apply the appropriate rules and schedules to
revenue recognition and other financial processes.
4. BENEFITS OF NETSUITE FINANCIAL
MANAGEMENT
CLOSE DEAL WITH CONFIDENCE
REPORT WITH ACCURACY
REAL-TIME INFORMATION
5. FEATURES OF NETSUITE FINANCIAL
MANAGEMENT
ACCOUNTING
Integrate core general ledger, accounts
payable, accounts receivable, tax, fixed
asset, cash, and payment management
accounting functionality. BILLING
Streamline billing operations
with real-time visibility into
financial and billing activity.
PLANNING AND BUDGETING
Companywide and departmental
budgeting and financial planning with
modeling capabilities.
6. REVENUE RECOGNITION
Simplify the complexities of evolving
revenue recognition mandates.
FINANCIAL REPORTING
Generate accurate financial
statements and reports that
comply with US GAAP, IFRS, and
other accounting standards.
FINANCIAL CONSOLIDATION
Centralize the oversight of
accounting processes, data, and
reporting across multiple business
units, subsidiaries and regions. GOVERNMENT, RISKS, &
COMPLIANCE
Audit-ready solutions to support
and empower your company’s
GRC programs.
7. FACING CRITICAL
ISSUES IN FINANCIAL
MANAGEMENT,
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