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NetSuite for Financial Services
Accelerate business performance with software built for the cloud.
Why NetSuite?
Improve decision-making
Adapt to Change. Improve business agility, respond quickly to regulatory and market changes and meet evolving customer needs head on.
Streamline Compliance. Compliance Manage risk and track performance with fully auditable business processes and enterprise analytics.
Innovate. Modernize your systems to increase speed to market and accelerate growth.
NetSuite Financial Services Product Features
Comprehensive Finance and Accounting
Comprehensive Finance and Accounting
Comprehensive Finance and Accounting
- Gain full visibility into your integrated financials with prebuilt, accounting-intelligent capabilities.
- Accept and process electronic payments from your customers in a secure and reliable manner.
- Track, manage and report the book value and depreciation of your company’s fixed assets.
- Close with confidence and report financials quickly and accurately.
- Ensure proper security, support compliance and gain complete audit trail visibility.
- Configure and monitor business processes and workflows.
- Get immediate visibility into financial performance with pre-built or customized reports.
Financial Planning
Comprehensive Finance and Accounting
Comprehensive Finance and Accounting
- Model and evaluate unlimited “what if” scenarios between actuals and projections and update forecasts as needed.
- Establish rolling 12-month forecasts and analyze variance between actuals versus project results.
- Create and consolidate driver-based plans with customized data entry sheets and reusable formulas and allocation methods.
- Provide self-service and easy-to-use reporting across the organization.
Revenue Management
Comprehensive Finance and Accounting
Revenue Management
- Automate revenue recognition with financially intelligent capabilities to report results in accordance with accounting standards.
- Automatically generate and dispatch invoices at recurring intervals on time.
- Schedule renewals automatically or set reminders in advance to pursue upsell and cross-sell opportunities.
- Package and offer the service you want based on the type of rates and duration needed.
Spend Management
Global Business Management
Revenue Management
- Request approval to procure goods and services quickly and easily.
- Optimize procurement for recurring needs with negotiated terms, tiered pricing, and pre-specified delivery schedules.
- Enforce compliance with purchasing thresholds and guidelines.
- From acquisition through payment, automate the complete procurement process for goods and services.
- Accept a variety of credit and debit card types and other electronic forms of payment for online payment processing needs.
- Establish budget and spend controls to ensure compliance with policies.
- Maximize the accuracy and timeliness of your timesheet and expense processes with online self-service tools.
- Gain real-time visibility into the spending trends across your organization.
Reporting and Analytics
Global Business Management
Global Business Management
- Ensure compliance and accommodate requirements with easy and timely customized reporting.
- Create reports and dashboards that combine operational and financial data and KPI’s.
- Analyze statistical measures and results for each department, location, funder/donor and more.
- Gain instant, real-time visibility for all key stakeholders, from high level summaries down to the underlying transactions.
- Ensure compliance and minimize risk with robust security, segregation of duties and fully auditable business processes.
Global Business Management
Global Business Management
Global Business Management
- Adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and rollup.
- Global CRM provides visibility into every aspect of your multinational organization, even with multiple languages and currencies, including forecasts and campaigns.
- Manage inventory and fulfillment across multiple locations.
- Run multi-store/multi-country/multi-site ecommerce with country-specific web stores and websites managed from a single NetSuite account.
Changing the way NetSuite Consulting is done
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