MANAGE ORDERS

Establish a smooth flow from sales quote to approved order with intelligent workflows that automate approvals, pricing and discounting.
  • Automate order validation and quality assurance.
  • Establish credit controls.
  • Support discount approvals.
  • Manage your subscription business.
  • Facilitate customer service with a 360-degree view of customers.

STREAMLINE BILLING

Automate billing across your product, subscription and services revenue streams with the only comprehensive billing solution pre-integrated with core financials.
  • Automate the order-to-cash process.
  • Generate, transmit and collect invoices.
  • Support for billing from multiple revenue streams.
    • Sales order billing
    • Project billing
    • Usage/consumption billing
  • Collect key information with real-time access.
  • Integration with revenue recognition.

RECOGNIZE REVENUE

Solve complex revenue recognition challenges with support for current standards and be prepared to comply with evolving rules and guidelines.
  • Automate complex revenue recognition.
  • Flexible revenue recognition scheduling.
  • Comply with existing standards including:
    • Revenue arrangements with multiple elements (ASC 605-25).
    • Revenue arrangements with multiple elements (ASC 605-25).
    • Percentage-of-completion accounting (ASC 605-35).
  • Prepare for ASU 2014-09 adoption.
Business Impact:
  • Cost to Serve: Reduce your cost to serve with improved speed and accuracy.
  • Revenue Growth Rate: Easily scale order capacity as your business grows.
  • Cycle Time: Drive down cycle times by eliminating manual processes.
Business Impact:
  • Cash Conversion: Eliminate billing errors and improve invoice to payment cycle time.
  • DSO: Improve DSO/DBO with controls and visibility.
  • Revenue Growth: Reduce revenue leakage with a solution that scales rapidly.
Business Impact:
  • Back Office Efficiency: Eliminate spreadsheets and manual work efforts.
  • Compliance: Maintain compliance with applicable accounting standards.
  • Deferred Revenue: Automate revenue recognition schedules and manage deferred revenue.

SCHEDULE A CALL

CLOSE THE BOOKS

Close with confidence and report financials quickly and accurately. NetSuite combines rich accounting functionality with strong compliance management that eliminates the need for manual reconciliations.
  • General ledger
  • Accounts receivables
  • Accounts payable
  • Internal controls
  • Compliance
  • Audit trails
  • Tax management

OPTIMIZE RECURRING REVENUE

Grow recurring revenue streams with a powerful subscription and maintenance renewals engine designed for SaaS and perpetual license software providers.
  • Term and evergreen subscription management
  • Change order management
  • Support for co-termination
  • Contract renewal automation
  • Termination and cancellations
  • Support for upsell and cross-sell

CONSOLIDATE GLOBAL FINANCIALS

As your business grows globally, seamlessly enable management of multiple currencies, tax rules, and reporting requirements while maintaining visibility.
  • Global accounting and consolidation
  • Comprehensive multi-currency management
  • Audit and compliance reporting
  • Comprehensive language support
  • Configurable tax engine
  • Instant visibility at the global and subsidiary level
Business Impact:
  • Time to Close: Close the books with speed and accuracy by eliminating manual reconciliations.
  • Back Office Efficiency: Automate the end-to-end financial close process.
  • Compliance: Establish controls and enable audit trails.
Business Impact:
  • Customer Lifetime Value: Increase LTV by automating the renewals process.
  • Average Customer Revenue: Capitalize on upsell and cross-sell to grow ARR/MRR.
  • Forecasted Revenue: Gain insights into the drivers of your business to improve forecast accuracy.
Business Impact:
  • Back Office Efficiency: Multi-currency management tools ensure reporting accuracy locally and globally.
  • Time to Close: Eliminate the complexity of managing multiple currencies and close the books faster.
  • Decision Support: Get unprecedented visibility of your business worldwide in real time.

 

SCHEDULE A CALL

SALESFORCE INTEGRATION

Real-time connector for Salesforce integrates NetSuite's powerful order management and finance capabilities with your existing CRM for complete lead-to-cash automation.
  • Seamless integration from NetSuite ERP to Salesforce CRM.
  • 360-degree view of data throughout the lead-to-cash process.
  • Customizable fields and processes based on company workflow.
  • Uses the native Salesforce interface.
  • Quick and easy setup to ensure rapid business impact.

AUTOMATE PROFESSIONAL SERVICES

Professional services teams benefit from solutions designed to maximize resource allocation, elevate on-time delivery and streamline project accounting.
  • Improve utilization with resource management.
  • Gain visibility into project management.
  • Automate billing and revenue recognition.
  • Easily manage time and expense.
  • Enable project accounting.

CUSTOMIZE YOUR BUSINESS

The SuiteCloud platform provides a range of customization tools to extend NetSuite to fit your unique business needs—now and as your business challenges evolve.
  • Point-and-click application configuration
  • Click-not-code workflow engine
  • Scripting solutions for building new apps and processes
  • SOAP-based web-services for integration with existing applications
  • Real time role-based dashboards
  • Pre-built and ad-hoc reporting with ODBC access across customization
Business Impact:
  • Cost to Serve: Reduce your cost to serve with improved speed and accuracy.
  • Revenue Growth Rate: Easily scale order capacity as your business grows.
  • Cycle Time: Drive down cycle times by eliminating manual processes.
Business Impact:
  • Cash Conversion: Eliminate billing errors and improve invoice to payment cycle time.
  • DSO: Improve DSO/DBO with controls and visibility.
  • Revenue Growth: Reduce revenue leakage with a solution that scales rapidly.
Business Impact:
  • Back Office Efficiency: Eliminate spreadsheets and manual work efforts.
  • Compliance: Maintain compliance with applicable accounting standards.
  • Deferred Revenue: Automate revenue recognition schedules and manage deferred revenue.