NetSuite ERP for Financial Services Industry

Real-time Financial Management in the Cloud

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.

Budget, Forecast and Manage

Financial Planning

  • 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.

Gain a 360-degree View of Customers

Customer Relationship Management

  • Generate a single view of a customer across all channels for complete visibility into all online, and call-center transactions and interactions.
  • Build rich customer profiles based on behaviors and interactions that can be made available to sales, marketing and support personnel.
  • Create target segments for highly focused, personalized upsell and cross-sell campaigns and promotions.
  • Understand your customers’ true lifetime value.
  • Reduce service costs, improve customer satisfaction and retention, and provide a consistent customer service experience across all channels.

Report Revenue with Confidence and Accuracy

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.

Maximize The Value of Your Company’s Most Important Resource

Human Capital Management

  • Get complete human capital management capabilities and streamline processes by providing tightly integrated recruiting, HR, talent management, time accounting and payroll.
  • Improve employee and management satisfaction and retention with complete self-service functionality and managerial approval workflows that allow employees to perform, and track, many transactions themselves.
  • Easily manage complex commission plans to drive corporate goals.
  • Empower your employees with complete accessibility, visibility and automation of workplace events.

Optimize Company Savings With Better Spend Management

Spend 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.

Real-time Business Intelligence

Reporting and Analytics

  • 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

NetSuite OneWorld

  • 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.