1. Industries
  2. Financial Services
  3. Product Features

Financials

Complete Cloud Financial Management

Real-Time Finance and Accounting

  • Get complete visibility into your integrated financials with pre-built, accounting-intelligent capabilities.
  • Securely and reliably accept and process electronic payments from your customers.
  • Track, manage and report the book value and depreciation of your company's fixed assets.
  • Close with confidence and report financials fast and accurately.
  • Ensure proper security, support compliance and gain complete audit trail visibility.
  • Customise and monitor business processes and workflows.
  • Get immediate visibility into financial performance with pre-built or customised reports.

Business Impact

Real-Time Information and Insight

Improve business performance with timely metrics and role-based dashboards.

Close with Confidence

Accelerate the financial close while maintaining compliance with applicable accounting standards.

Streamline the Back Office

Eliminate manual efforts and errors with automated processes and reduce the reliance on spreadsheets.

Netsuite ERP

Download now

Budgeting

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 analyse variance between actuals versus project results.
  • Create and consolidate driver-based plans with customised data entry sheets and reusable formulas and allocation methods.
  • Improve productivity with self-service and easy-to-use reporting across the organisation.

Business Impact

Reduce Planning Cycle Times

Collect inputs and assumptions, review iterations and present consolidated results in a timely manner.

Improve Forecast Accuracy

Compare and analyse actual versus projected results regularly to refine forecasts.

Align the Organisation

Centralise your budget with forecast and actual information in one place, providing a single version of the truth.

NetSuite Financial Planning

Download now

CRM

Gain a 360-degree View of Customers

Customer Relationship Management (CRM)

  • Leverage a single view of a customer across all channels for complete visibility into all online, and call-centre transactions and interactions.
  • Build rich customer profiles based on behaviours and interactions that can be made available to sales, marketing and support teams.
  • Create target segments for highly focused, personalised upsell and cross-sell marketing 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.

Business Impact

Enhance Customer Relationships

A true 360-degree view of the customer, including sales, support cases and financial transactions.

Effective Accounts Management

Create a holistic view of all accounts and their contacts with related activities in a single view.

Increase Sales Productivity

Enable effective collaboration and team selling to streamline the sales cycle.

NetSuite CRM

Download now

Revenue

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.

Business Impact

Timely Information and Insight

Improve business performance with real-time access to revenue-related ending balances and revenue recognised.

Streamline the Process

Take control of recurring processes by automating billing cycles and renewal periods.

Align the Organisation

Unify all stakeholders with one system, from sales and service reps to finance managers and executives.

The State of Professional Services in the Asia Pacific Region

Read now

Human Capital Management

Maximise the Value of Your Company's Most Important Resource

Human Capital Management (HCM)

  • 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 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.

Business Impact

Simplify Core HRIS

Simplify employee resource management and easy record management and streamlined on-boarding.

Minimise Payroll Headaches

Reduce payroll administrative overhead, and the risk of errors, with NetSuite's complete payroll management capabilities.

Attract and Retain the Right Employees

Inspire and motivate a modern workforce with mobile, social and cloud at the heart of the system.

Three Reasons to Integrate ERP and HCM

Read now

Procurement

Optimise Company Savings with Better Spend Management

Spend Management

  • Request approval to procure goods and services quickly and easily.
  • Optimise procurement for recurring needs with negotiated terms, tiered pricing, and pre-specified delivery schedules.
  • Enforce compliance with purchasing policies 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.
  • Maximise 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 organisation.

Business Impact

Control Spend

Automate the procure-to-pay process and drive greater visibility into spend.

Ensure Compliance

Configure requirements, authorisations and approvals.

Engage Users

Simple, intuitive user interface makes it easy for users to engage with the system.

Reporting

Real-time Business Intelligence

Reporting and Analytics

  • Ensure compliance and accommodate requirements with easy and timely customised reporting.
  • Create reports and dashboards that combine operational and financial data and KPIs.
  • Analyse 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 minimise risk with robust security, segregation of duties and fully auditable business processes.

Business Impact

Actionable Insight

Real-time visibility into company performance across all business functions—from summary level to transaction level.

Single Version of the Truth

A single version of the truth with all of your data residing in a single source.

NetSuite Business Intelligence

Watch now

Global

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 multi-site or multi-national organisation, even with multiple languages and currencies, including forecasts and campaigns.
  • Manage inventory and fulfilment across multiple locations.
  • Run multi-store/multi-country/multi-site ecommerce with country-specific web stores and websites managed from a single NetSuite account.

Business Impact

Efficiencies

Manage your entire global operations on a single unified platform.

Rapid Financial Close

Real-time management and financial automation capabilities significantly reduce time to close.

Visibility

Role-based dashboards provide real-time insight across the hierarchy of subsidiaries.

NetSuite OneWorld

Download now