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NetSuite Financial

NetSuite Finance

The #1 Cloud Financial Management Solution

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

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    State of the CFO Role

    Accounting and finance functions are constantly changing—from new regulations to tax reform to advancements in technology. Because of this change, CFOs are forced to take on broader responsibilities beyond traditional number crunching. Although the expanded role of the modern CFO is not a new concept in 2019, it’s clear that it’s still something that CFOs are struggling to keep up with.  38% of CFOs say that managing too many  responsibilities is their biggest challenge.

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    • Finance and Accounting – Close quickly with confidence and report financials faster and accurately
    • Billing – Synchronise complex processes from Order to Billing to Revenue Recognition
    • Revenue Recognition – A unified billing framework helping you manage revenue accurately and in accordance with the latest revenue recognition standards
    • Financial Planning – Schedule, calculate and present revenue on your financial statements accurately
    • Financial Reporting – Integrated Planning, Budgeting and Forecasting
    • Global Accounting & Consolidation – Real-time insights into business performance improving business decision making
    • Governance, Risk and Compliance – Effectively manage risk with out-of-the-box and custom processes and controls
    • Pricing and Promotions – establish multiple price levels, customer and currency specific pricing, discounts and promotion codes
    • Sales Order Management – automate your entire order to cash flow by removing bottlenecks and optimising processes to deliver on-time
    • Returns Management – simplify the returns process with awesome communication and execution
    • Product Data Management – Accelerate product development with collaboration features that link design and engineering departments to the ERP system
    • Planning and Scheduling – gain the tools to easily plan your material supplies and schedule production for on-time delivery
    • Work Order Management – Easily create, release, close and complete work orders with automatic scheduling for efficient and scalable production control
    • Quality Assurance – Set up inspection plans, track test results and evaluate vendors to ensure optimal quality
    • Manufacturing Execution System – innovative, real-time, cloud-based solutions to get the most up-to-date information from production
    • Planning – balance demand and supply throughout your supply chain using a combination of techniques and strategies
    • Execution – create, update and manage all of your purchase, transfer and work orders within one easy to use solution
    • Collaboration – Quick and effortless collaboration with your supply chain partners
    • Support – support your customers throughout their whole journey – even when things don’t go as planned
    • Inbound Logistics – easily manage the transportation, receiving and storage of inbound inventory
    • Outbound Logistics – delight your customers with excellent on-time delivery performance
    • Inventory Management – manage inventory automatically, reducing handling costs and optimising cash flow
    • Warehouse Management Systems – multi-location inventory, bin tracking, cycle counting, mobile RF barcode scanning, strategy definition for put-away and picking, returns authorisation receipt, and much more
    • Source – Manage your vendors, process RFQs, establish contracts and enforce procurement policies
    • Purchase – automate the requisitioning and purchasing processes from a user-configurable procurement dashboard
    • Pay – easily match purchase orders, item receipts and vendor bills with configurable workflows to optimise cash flow
    • SuitePeople – ensure that your most valuable asset, your people, are effective, engaged and motivated

    NetSuite Accounting and Financials

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    netsuite financials

    From Basic Accounting Software

    to NetSuite Financials

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    Why ERP Flexibility is Critical for Today’s Corporate CFO

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    Speak to a Finance Expert