Why NetSuite for Financial Management?

It’s the #1 cloud financial management solution.

NetSuite allows users to efficiently manage their financial processes, from bank reconciliation and assets management to receivables, payables, revenue management and more.

Grow your business with better strategic decisions. NetSuite finance empowers users to work more efficiently and make smarter decisions through its financial, headcount and operational data that can be used to produce budgets and forecasts.

With the help of a certified NetSuite partner, NetSuite’s cloud ERP system can be customized to fit your exact needs.

Reach out to an expert today to create your customized NetSuite financial management environment.

NetSuite Financial Management Features

NetSuite connects core finance and accounting, provides actionable business insights to drive business growth, and minimizes reporting errors, giving you full control and streamlined management of your financial assets.

Take a look at NetSuite’s financial management features below!

Accounting

Accounting

Connect general ledger, accounts payable, accounts receivable, tax management, cash management and payment management accounting functionality. Get access to real-time visibility and actionable business insights to drive financial success.

Billing

Billing

With access to a wide real-time view of your billing activity, you can consolidate invoicing, automate rating processes and support multiple pricing models in one single solution. With NetSuite, you can also easily manage recurring subscription billing with automatic renewals.

Financial Reporting

Financial Reporting

Gain the full picture of your business on demand in real time. NetSuite offers preconfigured role-based reports, dashboards and KPIs delivering tailored, actionable insights to your team. Generate financial statements and reports that comply with accounting standards such as US GAAP and IFRS.

Planning and Budgeting

Planning and Budgeting

Whether it's companywide, or departmental, in NetSuite you can manage budgeting and financial planning with approval workflows, reporting tools and more.

Revenue Recognition

Revenue Recognition

Stay on top of accounting standards and revenue recognition mandates with NetSuite. Compliance is ensured with accounting standards including ASC 606 and IFRS 15. Whether a sale encompasses just one performance obligation, or a series, NetSuite has you covered.

Financial Consolidation

Financial Consolidation

All your accounting processes, data and reporting across multiple subsidiaries, business units and regions, centralized in one robust application. Automated consolidations and compliance tools support teams to close faster from anywhere.

Governance, Risk and Compliance

Governance, Risk and Compliance

Stay compliant with NetSuite's built-in features that handle complex regulatory, operational and compliance requirements.

Industries That Benefit From NetSuite

Not the full list, but some of the top industries we help grow with NetSuite!

Marketing and Advertising

Sphere enables marketing and advertising agencies to maintain their creative culture while streamlining workflows and gaining insights into client and project-based accounting with NetSuite.

Core Capabilities
  • Increase Profitability
  • Manage Traffic
  • Collaborate as Virtual Teams
  • Gain Visibility
Financial Services

Sphere enables financial services companies accelerate business performance with NetSuite.

Core Capabilities
  • Adapt to change
  • Innovate
  • Streamline compliance
Transportation & Delivery

Sphere enables transportation & delivery companies to strategically overcome challenges in maximizing operational efficiency and modernizing technology with NetSuite.

Core Capabilities
  • Modernize
  • Innovate
  • Reduce route costs
  • Accelerate delivery
Healthcare

Sphere has helped healthcare clients seamlessly optimize operational efficiency, scale to customer demand, reduce complexity, lower costs, and modernize.

Core Capabilities
  • Improve visibility
  • Adapt to the changing healthcare landscape
  • Streamline reporting
  • Facilitate compliance
  • Improve customer service and partner engagement
Consulting

Sphere enables consulting companies to increase billable hours and profitability with integrated ERP and Professional Services Automation (PSA).

Core Capabilities
  • Optimized staffing
  • Manage profitability
  • Improve collaboration
  • Automate time and expense
IT Services

Sphere empowers IT companies to run better on NetSuite.

Core Capabilities
  • Improve resource utilization
  • Develop client relationships
  • Empower virtual teams
  • Improve project profitability
Manufacturing

Sphere helps manufacturing companies use NetSuite to control, coordinate and manage every aspect of their operations in one application.

Core Capabilities
  • Global flexibility
  • Features specific to manufacturing
  • Quality management
Retail

Sphere enables retail companies to build their business around their customers with NetSuite, regardless of the channels they're using.

Core Capabilities
  • Global inventory
  • Order management
  • Unified omnichannel commerce
  • Financials
  • Ecommerce
Wholesale Distribution

Sphere enables distribution companies to evolve with the scalable, cloud ERP solution NetSuite.

Core Capabilities
  • Optimize the supply chain
  • Modern sales experience
  • Inventory management
  • Warehouse & fulfilment
Software & Tech

Sphere empowers software & tech companies with a scalable solution for modern technology companies.

Core Capabilities
  • Scale
  • Modernize
  • Streamline

Sphere is a certified NetSuite Alliance Partner

Sphere Partners is an Oracle NetSuite Alliance Partner helping companies grow and run more efficiently using NetSuite. Our consultants work together with our engineers to understand your current setup and implement NetSuite customized to your requirements.

A one-stop-shop solution, our NetSuite financial software team of experts can handle your development needs, from implementations to customizations, scripts, applications, integrations, websites, training and support. We have years of experience working with companies of all sizes and understand the challenges facing businesses that NetSuite can help solve.

NetSuite Case Studies

More case studies

Speak to a NetSuite Financial Software Consultant

Fill out the contact form and one of our Client Partners will be in touch right away.


Our experienced consultants and engineers are ready to help you design your NetSuite cloud ERP solution, increase business efficiency, scale your capabilities, eliminate technical bottlenecks, and accelerate speed to market.