NetSuite ERP: Comprehensive financials including accounting, budgeting, financial reporting, and more
NetSuite ERP Video Overview |
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Since 2001, Aminian Business Services has provided customers with successful ERP systems and accounting software solutions through NetSuite’s cloud-based platform. NetSuite ERP software users, technology analysts, and detailed case studies recognize that NetSuite’s accounting software solutions provide proven capabilities that seamlessly integrate with broader back-office, sales, and service processes.
NetSuite is more than traditional accounting software. Built-in business intelligence provides a clear view from summary financial performance down to the most granular transaction detail. Everyone from the CFO to the accounts receivable clerk gets a personalized view of the key performance indicators (KPIs) and reports for their role, and can instantly create the reports they need when they need them.
NetSuite’s ERP software solutions provides everything you need to automate your accounting processes with complete multi-currency management, enabling you to book orders across currencies with confidence.
NetSuite’s financial management solution is used by thousands of organizations to manage their accounting needs. This software accelerates your financial close, provides strong expense management, offers streamlined and auditable revenue management and ensures complete real-time visibility into the financial performance of the business.
NetSuite financial management seamlessly integrates with all NetSuite order management, inventory, CRM and ecommerce functions to streamline critical business processes, such as quote-to-cash, enabling everyone to work from a single source of finance, sales and customer data.
Timely Information and Insight
Improve business performance with real-time metrics and role-based dashboards.
Close with Confidence
Accelerate the financial close while maintaining compliance with applicable accounting standards.
Streamline the Back Office
Eliminate errors with seamless integration between financials, CRM and ecommerce.
Report with Accuracy
Drill down into the underlying details to understand the impact to your business.
Order-to-Cash
Intuitive user interface and integrated workflow management to process sales estimates to customer collections, end-to-end.
Audit Trail Visibility
Drill-down capabilities to see the underlying detail from the financial statements to the transaction.
Procure-to-Pay
Intuitive user interface and integrated workflow management to process requisitions to vendor payments, end-to-end.
Tax Management
Prebuilt tax intelligence to process sales transactions in compliance with proper regulations.
NetSuite fast-tracks your order-to-cash process by eliminating manual bottlenecks and errors and establishing a smooth flow from sales quote to approved order, successful order to fulfillment, and timely invoicing to payment. NetSuite’s order and billing management capabilities integrate your sales, finance and fulfillment teams—improving quote accuracy, eliminating billing errors, strengthening revenue recognition processes and driving fulfillment accuracy and efficiency.
NetSuite’s turns your billing management process into a competitive asset by completely integrating it into your business. You can adapt NetSuite billing management software to your company’s specific needs, helping you reduce billing errors and improve customer satisfaction.
Streamline the Process
Take control of the quote and order process with intelligent workflow for approval routing, pricing and discounting.
Strengthen Customer Relationships
Increase customer satisfaction by providing self-service access to order, delivery and payment information.
Align the Organization
Unify all stakeholders with one system for sales and service reps, finance managers, fulfillment specialists and executives.
Timely Information and Insight
Improve business performance with real-time access to days sales outstanding and other key collection information.
Quote and Order Management
Manage all quotes and orders with a centralized system and integrated order-to-cash processes.
Billing Management and Invoicing
Automate invoice creation and customer billing with better accuracy and minimal errors.
Integrated Process Workflow
From quote to order to bill, manage the entire process with transaction creation and routing capabilities in a single solution.
Flexible Billing Scheduling
Automate invoice creation by calculating sales tax, finance charges and discounts based on payment terms—either on a one-time or recurring basis.
NetSuite’s revenue recognition management solution helps companies comply with accounting standards and report financial results in a timely manner. Whether your business conducts sales transactions that consist of products or services, or both, NetSuite’s revenue recognition solution will help you schedule, calculate and present revenue on your financial statements accurately. Automate revenue recognition with financially intelligent capabilities to report results in accordance with accounting standards.
Report with Accuracy
Drill down to the sales order level to understand the impact on your business.
Close with Confidence
Accelerate the financial close while maintaining compliance with applicable accounting standards.
Streamline the Back Office
Eliminate errors with seamless order-to-cash processing.
Timely Information and Insight
Improve business performance with real-time access to days sales outstanding and other key collection information.
Flexible Revenue Recognition Scheduling
Define recognition schedules for sales transactions that have specific revenue and billing requirements.
Percentage-of-Completion Accounting
Automate revenue recognition for project types specified in accordance with SOP 81-1 (superseded by ASC 605-35).
Revenue Arrangements with Multiple Deliverables
Automate revenue recognition for sales transactions with multiple elements in accordance with EITF 08-1 (superseded by ASC 605-25).
Software and Service Contracts
Automate revenue recognition for software and service contracts specified in accordance with SOP 97-2 (superseded by ASC 985-605).
While corporate strategy helps determine the long-range vision for your company, the business environment is constantly changing, which impacts your current operations. NetSuite’s financial planning solution provides flexible, “what-if” financial modeling capabilities to help companies meet their budgeting and ongoing forecasting needs.
Model and evaluate different financial scenarios to set targets for your annual operating plan, in a bottoms-up or top-down manner, and then analyze the variance between actual and projected results to manage business performance.
Reduce Planning Cycle Times
Collect inputs and assumptions, review iterations and present consolidated results in a timely manner.
Improve Forecast Accuracy
Compare and analyze actual versus projected results regularly to refine forecasts.
Align the Organization
Centralize your budget with forecast and actual information in one place, providing a single version of the truth.
Timely Information and Insight
Drill across budget, forecast and actuals to see the impact on business performance.
Flexible Modeling
Create and consolidate driver-based plans with customized data entry sheets and reusable formulas and allocation methods using proper assumptions.
“What-If” Analysis
Compare and evaluate different “what-if” scenarios between actuals and projections—and update forecasts as needed during the course of business.
Comprehensive Reporting and Analysis
Provide self-service and easy-to-use reporting across the company.
A predictable, recurring revenue stream can make or break a company in today’s economy—but to manage it effectively, sales, service and finance must collaborate and work seamlessly.
NetSuite’s recurring revenue management solution integrates all of your front- and back-office processes for your subscription-based business. You’ll always have a complete, real-time view of your customers and their interactions. Improve customer retention and watch your business grow as existing customers renew and new customers get acquired.
Align the Organization
Unify all stakeholders with one system, from sales and service reps to finance managers and executives.
Improve Customer Acquisition
Attract subscribers by offering tailored subscriptions with the right pricing to meet their specific needs.
Streamline the Process
Take control of recurring processes by automating billing cycles and renewal periods.
Timely Information and Insight
Improve business performance with real-time access to customer churn and other subscription-based metrics.
Flexible Pricing Management
Package and offer the subscription you want based on the type of rates and duration needed.
Powerful Billing Logic
Automatically generate and dispatch invoices at recurring intervals on time.
Subscription Renewal Intelligence
Schedule renewals automatically or set reminders in advance to pursue upsell and cross-sell opportunities.