With growing regulatory challenges, compliance risk, & financial penalties, organizations are looking for a financial management solution that can efficiently address the dynamically changing business needs. NetSuite is a robust, cloud-based, true SaaS solution with tax and compliance management capabilities that can help in the management of your global tax and compliance responsibilities. By bringing transparency, automation, simplicity and controls, NetSuite enables organizations to grow globally with confidence. By optimizing accounting efficiency and streamlining order management and procurement processes, NetSuite eliminates manually-intensive spreadsheet-based reporting to ensure employee productivity. NetSuite delivers superior compliance foundation by supporting reports and certificates like SOC 1, SOC 2, ISO 27K, PCI/PA-DSS, enabling organizations to efficiently handle international footprint wherever company operates.
Core capabilities of NetSuite
Multi-Currency Management – With support for 190+ currencies and real-time currency conversion, NetSuite enables you to conduct business with both customers and vendors globally. Furthermore, NetSuite offers wide variety of payment options while delivering consolidated financial reporting, enabling you to understand which area of business needs your attention.
Audit and Compliance Reporting – NetSuite helps you to remain compliant with international IT and security standards. Moreover, you can define and manage periodic risk with NetSuite alongside analyzing and managing business continuity. By delivering insight with the reports, KPI’s and dashboards, NetSuite enables you to stay ahead in the competitive market scenario. With NetSuite, businesses can consolidate both at the subsidiary and parent entity level.
Comprehensive Multi-Language Support – With support for 22 languages including Chinese, Japanese, French, & German, NetSuite bridges communication barriers, enabling businesses to run their entire entity structure with ease.
Automate Control Processes – Powerful search and reporting capabilities alongside workflows, control, saved search alerts, and custom fields in NetSuite eliminate labor intensive and error-prone backend processes, enhancing productivity.
Gain Competitive Advantage – By managing risk and compliance, NetSuite helps in saving cost as well as improving business efficiencies. With embedded and sustainable risk management and compliance processes, NetSuite helps in proactively managing risk.
Financial Reporting – by delivering real-time financial analysis and modeling across multiple dimensions of business, NetSuite helps you to understand corporate performance while making more informed business decisions. NetSuite comes with features like multiple accounting books, Multiple Fiscal and Tax calendars, Localized tax calculations and reporting, & Local format Income Statement and Balance Sheet, enabling you conduct business as you want to.
Indirect Tax Compliance – With always on audit trail and access logs for both external and tax auditors, NetSuite enables organizations to drill-down from summary tax forms and reports. By standardizing workflow across all international operations, NetSuite ensures automation.
How can we help you?
We are authorized Netsuite Professional Services company, helping you with licensing, implementation, data migration, maintenance & support. If you want to optimize your ERP investment then we can help you with that. Banking on our core IT competencies, we offer different engagement models, enabling your business transition while following cost-effective approach. We happily cater to different industry niches including wholesale, retail, eCommerce, manufacturing, & construction companies.
