What is NetSuite Financial Management?The NetSuite cloud-based platform delivers real-time visibility into the financial performance of any business, from a consolidated level down to individual transactions. NetSuite financial management seamlessly integrates with additional business applications — including order management, inventory, CRM and commerce — so you can run your entire business with a single solution.
Drive Business Strategy and GrowthUsing NetSuite financial, headcount and operational data, quickly and easily produce budgets and forecasts, model what-if scenarios and generate reports.
NetSuite Financial Management Features
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.
- Planning & Budgeting
- Revenue Recognition
- Financial Reporting
- Financial Consolidation
- Governance, Risk and Compliance
Seamlessly couple core general ledger, accounts receivable, accounts payable, tax management, fixed assets management, cash management and payment management accounting functionality with real-time visibility and business insights to drive financial excellence.
Streamline billing operations with real-time visibility into financial and billing activity. Consolidate invoicing, automate rating processes and support multiple pricing models. Easily manage recurring subscription billing with automatic renewals.
Planning & Budgeting
Perform both companywide and departmental budgeting and financial planning with modeling capabilities, approval workflows and reporting within one collaborative, scalable solution.
Comply with accounting standards and report financial results in a timely manner. Simplify the complexities of evolving revenue recognition mandates, no matter if a sale encompasses a single performance obligation, a series of obligations spanning a time period or diverse obligations in a bundle.
Gain a more complete picture of your business — on demand and in real-time. Preconfigured role-based dashboards, reports and KPIs deliver tailored, detailed insights into company performance for improved decision-making. Generate accurate financial statements and reports that comply with accounting standards.
Centralise the oversight of accounting processes, data and reporting across multiple business units, subsidiaries and regions. Accelerate the close process with automated consolidations while ensuring compliance with relevant accounting standards, tax codes and regulations wherever you operate.
Governance, Risk and Compliance
Audit-ready solutions to support and empower your company’s governance, risk and compliance (GRC) programs. An array of reports and certificates and built-in capabilities and processes handle increasingly complex regulatory, operational and compliance requirements with ease.
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